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15 November 2021
Dairy Farm International has recently announced its results for the third quarter of the year, where its performance continues to be significantly affected by COVID-19. Its year-to-date results are still below the same period in 2020, when it has benefitted from panic buying and government support at the height of the pandemic. Shopper behaviour normalises, making it difficult to match sales su...
12 November 2021
The 11-day sale has wrapped up, with both Alibaba and JD.com setting new records for the annual shopping festival. Final results (24:00 Beijing time, 11 November) Alibaba: CNY540.3 bn (US$84.5 bn) in gross merchandise volume, an increase of 8.5% YoY (year-on-year). The slow growth is partially due to last year's high base JD.com: a total transaction volume of CNY349.1 bn (US$54.7 bn)...
10 November 2021
Following on from its Digital Day announcement , we look at several developments, including its partnership with Meta, from Carrefour globally. Carrefour and Meta sign strategic partnership… Carrefour has signed a strategic partnership with Meta. The partnership will cover all its integrated countries and, therefore, will benefit operations in France, Argentina, Belgium, Brazil, Italy, P...
10 November 2021
Ahold Delhaize reported Q3 results, saying net sales rose 4.6% at constant exchange rates, to €18.5 bn, while like-for-like sales increased by 1.7%. Its operations in Europe saw flat comparable sales growth, contracting slightly, by 0.2%, while in the US they expanded by 2.9%. Ahold Delhaize saw continuing strong growth from its online operations, with net consumer sales rising by 29.2% across...
09 November 2021
As part of its Digital Day, Carrefour has said it is aiming ‘ to be a global leader in Digital Retail ’. The new digital strategy builds on the retailer’s 2018 aims, which have created a strong foundation on which to build. The retailer said the aim to be a global leader would be ‘ built on a ‘data-centric, digital-first’ approach ’. Targeting tripling of ecommerce GMV to €10 bn by 2026 Car...
08 November 2021
Walmart has taken its driverless pilot with Gatik to the next level by removing safety drivers from its vehicles. Could this solve the profit challenge of grocery ecommerce? Innovating with the middle-mile Walmart first worked with autonomous vehicle company, Gatik, in 2019 in Bentonville, Arkansas. The retailer has been using Gatik’s ‘Autonomous Box Trucks’ to move customer orders on a two...
05 November 2021
As several of Ahold Delhaize US’s banners invest to improve their services and offers for shoppers, we round up news from the retailer. Food Lion has invested US$127m in store upgrades Ahold Delhaize’s Food Lion banner has invested US$127m in the remodelling of 87 stores across six states: Georgia, Kentucky, North Carolina, South Carolina, Tennessee, and Virginia. Food Lion said the updated...
05 November 2021
As part of separate announcements, Casino has reported Q3 sales rose 1.0% in same-store terms, or by 4.1% at a total growth level, while it is set to partner with Gorillas for the quick commerce market in France. Casino Group sees sequential improvement in Q3 results Casino reported same-store growth of +1.0% in Q3, versus a contraction of -4.1% in Q2, and total sales growth of +4.1%, versu...
04 November 2021
Kroger has launched a new subscription-based loyalty programme called Boost providing shoppers with additional rewards and services such as, free delivery and double fuel points. The retailer also announced a new partnership with retailer Bed, Bath & Beyond to strengthen its home, baby and wellness offer. Tiered subscription programme to drive loyalty and online sales Boost, the new loyalty...
04 November 2021
Since the start of COVID-19, quick commerce has been one of the fastest growing and innovative segments of the food and consumer goods industry which has been helped by significant financial investment over recent months. In our new report, the final of a four-part series, we outline our predictions for the future of quick commerce. This includes examples of how operators will develop and diff...