Online news

 

14 September 2021
The GB market declined 1.9% on 2020 in the 12 weeks to 5 September, according to the latest results from Kantar. We look at key performances in more detail and highlight UK news you may have missed. Pandemic still having an effect COVID is clearly still having an impact on the market, with grocery spend 8.7% higher in the 12 weeks to 5 September than in 2019. However, the first week of Se...
13 September 2021
Kroger’s omnichannel ecosystem supported better than expected results for Q2. However, the retailer anticipates prices of grocery products to increase in the second half of the year due to higher inflation. Success of its omnichannel ecosystem Despite digital sales decreasing by 13% (+114% two-year basis) during Q2, shoppers continued to shop in stores as identical store sales only decrease...
10 September 2021
Amazon has announced it will launch its Just Walk Out technology at two Whole Foods Market stores in Washington, D.C. and Sherman Oaks, California next year.  Hybrid in-store payment Shoppers at the two Whole Foods Market stores will have the option to skip the checkouts and shop with Just Walk Out technology, or checkout via the store’s self-checkout lanes. They will be greeted by a Whole ...
09 September 2021
Walmart has formed a partnership with Meredith Corporation, the publisher of leading media titles such as People, Better Homes & Gardens, Allrecipes, Southern Living, and Real Simple, to help customers shop more quickly and conveniently across a range of platforms. Making Walmart available where consumers get inspired The partnership brings together Meredith’s expertise in food content, hyper...
09 September 2021
As Carrefour looks to build on its momentum in France it is planning to launch its own quick commerce service, while it is trialling a subscription service, for potential nationwide roll out in 2022. Carrefour to trial subscription service until the end of 2021 The retailer has said between September 20 and the end of the year shoppers will be able to sign up to its subscription service, Ca...
09 September 2021
Selex has increased its online sales in H1 2021 and Conad has launched a new, urban format in Milan. Separately, Lidl has expanded its climate neutral range, aiming to increase its positive effect on climate protection and the conservation of biodiversity and resources. Selex online channel grows by 45% Selex has seen sales through its online channel increase by 45% in the first six months of...
06 September 2021
COVID-19 has caused grocery retailers in Asia to scale up online business to compensate footfall decline in physical stores and enable shoppers to get items quickly, safely and conveniently. We at IGD have quantified growth opportunities, supported by five emerging trends. Growing at a CAGR of 20% between 2020 and 2022 Asia’s online grocery is growing fast. Total value in 2020 is around US$...
06 September 2021
The Chinese ecommerce giant has created a new role of president to run the day-to-day business, as the founder and chief executive Richard Liu is stepping back. The new president has a proven track record in leadership Xu Lei, currently CEO of JD Retail, will take up the role of president. He has proven his leadership and management skills in spearheading JD Retail's operations. " We bel...
06 September 2021
As Carrefour and Cajoo confirm their partnership in France and Carrefour expands its quick commerce solutions in Belgium and Romania, we look at the retailer’s developments in the channel. Carrefour participates in recent Cajoo fundraising Cajoo has raised a further US$40m from investors, a list that included Carrefour alongside several France-based private equity companies. The investment ...
06 September 2021
Number three UK supermarket retailer, Asda has reported like-for-like sales down 0.7% for the three month period April to June 2021. This decline is unsurprising given the strength of the comparative period in 2020 when the first lockdown drove exceptional growth in both larger store and especially online sales. However, Asda performance continued to show resilience versus pre-pandemic levels, wi...