Online news

 

01 April 2022
bp and Uber have signed a new global strategic convenience partnership. Together they plan to make more than 3,000 retail locations available on Uber Eats by 2025. Extending existing arrangements The partnership extends current local arrangements in Australia, New Zealand, Poland, South Africa and the west coast of the U.S, adding the UK and eastern U.S in 2022 and with plans to launch in o...
30 March 2022
Superdrug will launch an online marketplace this September. The platform will feature hundreds of health and beauty products across different brands, spanning from premium to start-ups. Making health and beauty more accessible With the launch of the online marketplace, Superdrug will become the first high street health and beauty retailer in the UK to offer third-party brands the opportu...
29 March 2022
Asda has revealed that sales edged upwards in 2021 and profits climbed substantially in its first results release under Issa brothers ownership. It has also used the occasion to highlight three new initiatives on private label, customer loyalty and quick commerce. Sales edge upwards against elevated comparative For calendar 2021 as a whole, Asda's sales grew by 0.5% (+0.6% LFL) to £20.4bn, ...
28 March 2022
Instacart, the leading on-demand fulfilment and delivery company in North America, has consolidated existing and new services under a new Instacart platform. We look at what this means for the business and its retail customers as it transforms to be a retail enablement organisation. Built a leadership position in on-demand delivery This is the first major move from Fidji Simo, who joined th...
24 March 2022
The increase in COVID and stringent control measures are causing China's grocery market to recover at a slower pace. China’s grocery market: challenges ahead We are seeing strong growth of sales in China’s grocery market at the start of this year. However, the growing outbreaks of COVID and recent cities lockdowns are expected to weaken consumption. Control measures are tightening in some k...
24 March 2022
As Gopuff launches price matching for the UK’s largest convenience retailer and partners with Morrisons, Amazon rolls out Deliveroo Plus as a Prime benefit in Italy, I round up the latest developments within quick commerce. I also round up some of the latest activation I’ve seen from quick commerce pure plays Jiffy, Zapp and Gorillas, including a focus on events. Gopuff price matches Tesc...
22 March 2022
As Biedronka looks to expand its quick commerce service in Poland and Tesco is growing the coverage for its ecommerce store in the Czech Republic, we round up news from the region. Biedronka evolves strategy for ‘digital convenience’-focused future… Poland-based trade publication Wiadomosci Handlowe has reported that Biedronka is expanding its Biek quick commerce delivery solution, which ...
17 March 2022
Ocado Retail has announced a decrease in revenue of (5.7)% to £564.7m in its first quarter, 13 weeks to 27 th February 2022. Customer growth but declining basket Ocado’s active customer base increased by 31% year-on-year (YoY) to 835,000. Order numbers also grew to 367,500 per week, an increase of 11.6% compared to Q1 2021. The value of the average basket fell (15)% YoY to £124. This re...
17 March 2022
Spain’s leading grocer, Mercadona, generated gross sales of €27.8 bn in 2021, up 3.3% on 2020’s figure. Net income was €680m, a 6% decrease compared with 2020. Mercadona invested a total of €1.2 bn in 2021, €920m on 79 new store openings and store refits, €180m in its supply chain and €100m to drive the development of its online business. The retailer ended 2021 with 1,662 stores, 21 more than...
14 March 2022
Grab Holdings, Southeast Asia’s ride-hailing and delivery provider, reported a loss that doubled to US$1.1bn in Q4 2021, while SEA Limited that operates Shoppee had net loss that widened to US$616m in Q4 2021. Delivery Hero, which operates Foodpanda, reported losses of US$888m for the full year. SEA expects ecommerce business to continue growing Despite the net loss, its revenue jumped 106%...