Online news

 

27 September 2022
Walmart is launching two different experiences on Roblox, developed to offer unique interactive content and entertainment for users of the platform. Launching on large, fast-growing platform Roblox is an immersive, 3D online platform developed to play and create new games. Accessible through desktop and mobile browsers, its predominantly used with gaming consoles. Roblox is often considered...
27 September 2022
JD.com has introduced a new format of supermarket in Beijing that provides shoppers with a one-stop shopping experience. A combination of shopping and recreation This new supermarket format, under the banner of "Seven Fresh", which is the third generation of its development, aims to provide shoppers with a one-stop shopping experience that combines the concept of shopping and recreation. ...
23 September 2022
With no real desire to create another term or label in the retail industry, and anyway p-commerce has already been bagged as participatory commerce, the Groceryshop event in Las Vegas this week cemented a view that has been fermenting in my mind for a while that we are on the cusp of a new era of personalised commerce. Achieving the dream We must take a step back and remember that personalisa...
22 September 2022
Understand how retailers in Spain continue to tackle rising inflation, while Alibaba plans to accelerate its expansion for Europe. Explore how DinoSol achieved an increase in sales during 2021 and why Ahorramas closed 2021 with a decreasing turnover.   DIA invests €130m to tackle inflation DIA announced it has invested almost €130m during 2022 to help tackle inflation, Spain is a price sens...
21 September 2022
We look at how Walmart is partnering with a range of companies to enhance its retail media opportunities through expanding its social commerce presence. Taking advantage of social commerce growth Walmart’s retail media business, Walmart Connect, is set to pilot new programmes with a range of ‘Innovation Partners’, including TikTok, Snap and Firework. This will enable advertisers to reach sh...
15 September 2022
Waitrose has said its total trading sales were down 5% in total and like-for-like terms during the 26 weeks to 30 July. In the six months Waitrose generated sales of £3.6 bn, with it benefiting from more shoppers, but with them spending less. Shopper numbers up, but smaller basket sizes Waitrose highlighted how inflation had affected consumer spending, with customer numbers up by 6% year-on...
13 September 2022
Ocado Retail has announced an increase in revenue of 2.7% to £532m in its third quarter, 13 weeks to 28 th August 2022. However, the retailer now expects a small sales decline in FY22. Strong customer growth, but shoppers seeking value online Ocado announced record numbers of new customers, with active customer numbers growing 23% year-on-year (YoY) to 946,000. This saw an increase in aver...
12 September 2022
Nuro, a leading autonomous vehicle company, has formed a 10-year partnership with Uber Eats which will see its vehicles become an integral part of how the delivery company delivers food to consumers’ homes and other spaces. Launching in three US states Through this partnership, Uber Eats’ customers will be able to order meals and goods to be delivered by Nuro's purpose-built, self-driving v...
12 September 2022
US-based Kroger delivered a strong second quarter performance, driven by its focus on emphasising value, enhancing its fresh food offer and accelerating its digital initiatives. We look at some of the key programmes which supported this. Kroger’s key numbers Total sales increased 9.3% to $34,638m. Excluding fuel, sales increased 5.2% Identical store sales increased 5.8% Private lab...
07 September 2022
Instacart, the leading on-demand fulfilment and delivery company in North America, has made two acquisitions as it focuses on extending its reach and developing a new suite of services. What’s going on at Instacart? The company has made a series of tech-led acquisitions. Why? To drive high growth of its core proposition as ecommerce growth slows To improve the efficiency of its pic...