Online news

 

23 June 2022
Two of Canada’s leading retailers, Loblaw and Walmart, are launching new programmes to provide shoppers with a range of grocery items in as fast as 30 minutes. While Walmart is adopting a more conventional model for quick commerce, Loblaw is bringing some innovation to the channel. Two launches in two days The announcements from Loblaw and Walmart Canada signal that the Canadian retail mark...
23 June 2022
In the UK, Amazon has opened its first Fresh store outside of London featuring its Just Walk Out technology. The retailer also announced Doug Herrington will take on the role of CEO of Worldwide Amazon Stores following Dave Clark’s departure. 19 th Amazon Fresh store in the UK Amazon has opened its 19 th Amazon Fresh store in the UK in Sevenoaks, Kent. It is the first store to launch o...
22 June 2022
As the largest supermarket retailer in the US, Kroger’s performance provides a great indication of what’s happening across the wider industry. We look at the retailer’s first quarter performance and the value its generating through its fresh, private label, personalisation and digital strategic initiatives. Inflation expected to be higher than originally anticipated Kroger’s first quarter s...
20 June 2022
Amazon is set to launch in Belgium in September, as reported by Business Insider. Set to launch by September According to leaked documents, Amazon will launch in Belgium in late September 2022. It also plans to launch in four other markets by early next year: Chile, Colombia, Nigeria and South Africa. Amazon will launch its marketplace in Belgium, with Amazon’s Prime membership scheme ex...
17 June 2022
Walmart is partnering with the Roku streaming TV service on a pilot project to enable users to purchase products directly from the platform. Media opportunities This new partnership has been developed to make TV streaming an ecommerce shopping destination. The new experience offers product discovery with a seamless checkout experience, enabling purchase directly at the time of inspiration. ...
14 June 2022
Walmart has started a recruitment drive to get UK sellers to offer their products through its third-party Marketplace in the US. This forms part of its strategy to build range parity with Amazon and develop a meaningful new revenue stream. Scaling the platform Walmart.com has grown to be one of the world’s leading websites, combining first-party and third-party merchandise. Around 120m US m...
06 June 2022
JD.com achieved double-digit revenue growth, while Alibaba maintained a significantly stronger operating margin. Performance highlights Revenue Alibaba’s Q4 results (three months ending 31st March 2022) reported revenue of RMB 204bn (US$ 32.2bn), up 9.0% year-over-year, but down 15.9% on the previous quarter. Over a third of this was driven by direct sales, including through Fresh...
25 May 2022
Walmart is expanding its partnership with DroneUp to new areas, providing it with the capacity to reach 4m households across six US states. This will also enable it to start monetising the service through developing a new revenue stream. Convenience driving usage Walmart launched its partnership with drone firm, DroneUp, last year, with the retailer also investing in the business. DroneUp o...
20 May 2022
National convenience retailer Co-op has set out its ambition to grow online sales by 50%, reaching £300m by the end of the year. Using a range of solutions for fulfilment, both in-house and third party, the retailer will continue to roll-out its online service nationally making it accessible from 2,000 stores in total. Since launching its on demand online services in 2019 Co-op has seen 36 months...
20 May 2022
Woolworths has entered into a Scheme Implementation Agreement to acquire approximately an 80% stake in marketplace MyDeal.com.au. Woolworths’ offer values MyDeal.com.au at AU$243m. Woolworths said if completed, the remaining 20% stake in the business would continue to be held by MyDeal’s founder and chief executive, Sean Senvirtne, and other key management shareholders. Acquisition would enhan...