Online news

 

03 November 2021
Alibaba-owned ecommerce platform, Lazada, has partnered with Grab, Southeast Asian super app to provide sellers with same-day delivery services in Singapore via GrabExpress. Faster delivery Over 50 Lazada sellers are onboard to offer instant delivery via GrabExpress as part of the launch trial. This includes Shine Korea grocery, JBL electronics and Aroma Truffle food products. GrabExpress c...
01 November 2021
As part of its plan to help consumers discover products through emerging forms of content, Walmart’s digital media division, Walmart Connect, is providing its brands with new ways to activate their campaigns this holiday season. Through its ‘content to commerce’ approach, Walmart Connect is offering a range of programmes that can be activated across its own digital properties, omnichannel integ...
01 November 2021
Cross-border ecommerce (CBEC) brings exciting opportunities to brands and retailers around the world, as ecommerce spending in foreign countries is on the rise. CBEC is here to stay as a mainstream online channel and needs to be part of your ecommerce strategy. Costco and ALDI opened CBEC stores on Alibaba’s Tmall Global before launching physical stores in China. This article gives a high-level o...
29 October 2021
Amazon's net sales increased by 15% year-on-year (YoY) to US$110.8bn, with operating profits decreasing by 21% to US$4.9bn. Rate of growth slowed Despite the sales increase, the growth rate was down on the 37% increase seen in Q3 last year, reflecting the deceleration of online sales after the pandemic surge. Operating income decreased 21% to $4.9 billion in the third quarter, compared w...
29 October 2021
Tesco has announced it has launched a pilot in partnership with quick commerce pure play Gorillas, offering customers delivery in 10 minutes. Micro-fulfilment sites at Tesco stores Shoppers can now purchase Tesco products via the Gorillas app with rapid delivery to customers in a selected area. As part of the partnership, Gorillas will set up micro-fulfilment sites at five large Tesco store...
28 October 2021
Woolworths and Coles have both released Q1 FY22 results, with Woolworths sales up 7.8% to AU$16,070m and Coles sales up 1.5% to AU$9,756m. We compare the performance of both retailers and pull out the key learnings from both statements. A particularly challenging quarter for both retailers Both retailers highlighted the challenges that they have faced in Q1 with ongoing lockdowns across NSW...
28 October 2021
As Jumbo celebrates its 100th anniversary, we look at the questions the retailer’s chief executive is looking to answer at the moment and initiatives it is putting in place to win today. Jumbo looks to the future as it celebrates 100th anniversary Following on from celebrations for its 100th anniversary, Jumbo’s chief executive, Frits van Eerd, discussed the retailer’s outlook with local tr...
27 October 2021
US-based Target is increasing is expanding its omnichannel services for the holiday season, anticipating that its strong sales performance this year will extend into the key trading period. Record growth expected across the sector Target has been one of the key winners in retail during the pandemic, in part due to its omnichannel strategy. During its latest quarter, comparable saes increased ...
27 October 2021
Coles has followed Woolworths by launching its own marketplace websites that will offer an extended range of general merchandise items. Exclusive range of products not available in Coles stores Woolworths introduced its Everyday Market platform last month , with Coles now having launched a new marketplace platform bestbuys.coles.com.au . The website will offer an exclusive range of Coles ...
27 October 2021
As quick commerce becomes increasingly competitive in Europe, we round up the latest news. Carrefour launches ‘Sprint’ with UberEats and Cajoo in France Using Cajoo’s network of dark stores and UberEats delivery network, Carrefour Sprint has been launched, combining expertise from the three companies. Shoppers will be able to receive orders in less than 15 minutes from a range of around 2,0...