Online news

 

19 January 2021
Spain-based discounter DIA has revealed its Q4 2020 results, which showed total group sales of €1.7 bn and an increase in like-for-like (LFL) sales of 6.9%. The results were particularly positive given DIA’s store numbers fell by 457, with the retailer ending Q4 2020 with a total of 6,169.  Division sales performance DIA Spain’s sales increased by 9%, to €1.14 bn, while LFL sales grew by 10...
19 January 2021
Leading UK food and grocery wholesaler, Booker has relaunched its website suite on 19 January, bringing a long-awaited, updated transactional experience to its extensive online B2B customer base.  Now optimized for mobile access, the new website offers a significant step-on in look and feel and flexibility of use, while retaining key aspects of layout and taxonomy that have become familiar to the...
19 January 2021
Freshippo, Alibaba’s grocery retail chain launched in 2016, is the gold standard for the integration of online, offline, technology and logistics to create a greatly enhanced shopping experience. In an exclusive interview with IGD, Guo Xulin, Chief of Staff of Alibaba’s Freshippo Business Group, highlights the aspects that distinguish the New Retail, which Freshippo represents, from old retail. ...
18 January 2021
As Netherlands-based Picnic enjoyed a doubling in turnover in 2019 and Farmy tripled its sales in 2020, we look at four developments in the online channel across Europe. Farmy tripled its turnover in 2020 Farmy, an online grocery specialist that only sells regional and organic products from more than 1,200 authentic producers in Switzerland, has reported growth of 170%, to CHF26m (US$29.2m)...
18 January 2021
Barilla announced it has agreed to acquire a majority stake in Pasta Evangelists, a specialist in D2C fresh pasta and sauces. International growth Pasta Evangelists launched in 2016. The company delivers boxes of fresh pasta and sauces to customers across the UK who are then able to prepare pasta dishes in five minutes. In addition to its core on-demand offer, Pasta Evangelists retail offer...
18 January 2021
The COVID-19 pandemic has accelerated the development and evolution of retailers across the world. For the discount channel, one of the biggest changes in 2020 has been the acceleration of developing online services, to catch up with other non-discounter competitors and meet shoppers’ expectations. With profitability being at the heart of the discount model and a key measure of success, the ...
16 January 2021
Reliance Retail will depart from its previous strategy of directly selling packaged grocery products.  Instead, its e-commerce platform JioMart will soon use Kirana stores as franchise partners to deliver non-perishable grocery items in India.  Kiranas will be leveraged for non-perishable items; Reliance Retail will fulfill perishable goods JioMart will utilise the existing inventory of the...
15 January 2021
Marc Lore, president and CEO, Walmart US ecommerce, is leaving the business at the end of January. He will remain as a strategic advisor to the retailer until the end of September. Transformed Walmart’s ecommerce operations Lore joined Walmart in 2016 as part of the acquisition of Jet.com, the ecommerce business he founded. In addition to being able to optimise the capabilities of Jet.com, ...
14 January 2021
We look at Target’s performance in November and December and the impact of its digital operations on sales growth. Holiday sales key numbers Comparable sales in November and December increased 17.2% Traffic increased 4.3%, with average ticket up 12.3% Store comparable store sales increased 4.2% Digital comparable sales increased 102% Traffic and basket size up Target fin...
13 January 2021
PLUS Netherlands has reported 2020 results, saying total sales rose more than 14% to €3.0 bn in 2020 for the 53-week timeframe. It reported organic growth of 12%, which it said was ahead of the market, which it estimated at 9%. COVID-19 pandemic drives growth… Providing a safe environment and meeting shoppers’ daily grocery needs was key for all retailers in 2020 as the industry reacted to ...