Online news

 

17 November 2021
Amazon India announced it has completed the integration of its Fresh and Pantry grocery services into a single unified store. The Amazon Fresh store is available in more than 300 cities across India. Simplified shopping experience In February 2021, Amazon announced it would combine its Fresh and Pantry services into one single online store under the Amazon Fresh name. Amazon said the new st...
16 November 2021
After a strong performance in the third quarter, the retailer has raised its outlook for sales and profit growth for the full year. With momentum heading into the key trading period, what can we expect to see from Walmart? Walmart's Q3 key numbers Walmart's total revenue in Q3 increased by 4.3% to $140.5bn, representing an additional $8.8bn in sales Sales in its US stores increased by...
15 November 2021
US-based Albertsons is launching a new digital media business. This comes almost four years after the launch of a similar programme. Reaching 100m shoppers The new retail media network, Albertsons Media Collective, has been developed to enable its CPG suppliers to deliver “digitally native, shopper-centric and engaging branded content “ to its 100m shoppers across the US, including 27m memb...
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
The GB market declined 1.9% in the 12 weeks to 1 November, versus 2020’s performance, according to the latest results from Kantar. Grocery spend remains significantly higher than in 2019, at +7.3%. We look at these results in more detail, including Tesco’s positive performance and the discounters’ market share gains. Large trips continue, as online sales stabilise Purchasing habits seem ...
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...