Online news

 

19 May 2020
We round up developments at the retailer, which operates the Carrefour brand across the Middle East and Africa, in Qatar and UAE. Majid Al Futtaim opens Dubai’s first hydroponic farm Majid Al Futtaim has said it has opened Dubai’s first in-store hydroponic farm at its Carrefour Market Al Wasl store. This marks the retailer’s third hydroponic farm, following two others in Abu Dhabi. At 24...
19 May 2020
As part of its aim to create an omnichannel universe of reference, Carrefour, in its home market and globally, has taken separate steps to build out its digital offer. Carrefour launches marketplace in France Olivier Dauvers reported the retailer has launched a marketplace in France. The retailer has opened its France-based site to third-party sellers to enable them to sell products. Carref...
15 May 2020
JD.com reported net revenues of CNY146.2 bn (US$120.6 bn) for the quarter ended  31 March 2020 , an increase of 20.7% year-on-year (YoY). Significant KPI (key performance indicator) increases Net revenues : CNY146.2 bn (US$120.6 bn), +20.7%YoY Net service revenues: CNY16.1 bn ( US$2.3 billion ), +29.6%YoY Annual active customer: total of 387.4m users in the twelve months en...
15 May 2020
Rakuten has published its results for the three months ended March 3. Group revenue was up 18.2% to JPY331,443m (US$2.9bn) compared with the same period last year. Internet Services revenue up 12.8% Year-on-year revenue from Internet Services, Rakuten’s core business including ecommerce and travel booking services, increased 12.8% to JPY190,678m (US$1.7bn). Services such as the Internet ...
15 May 2020
Sainsbury’s is expanding Chop Chop, its fast grocery delivery service by bike, to 50 stores across 20 cities. Expansion beyond London Sainsbury's is rolling out its rapid bike delivery service for the first time outside the boundaries of the capital.  Chop Chop has been launched this week in Brighton and Bristol, with Manchester, Reading and Richmond, Morden, Charlton and Harringay in Great...
15 May 2020
We round up events from Saudi Arabia, United Arab Emirates and Qatar. Saudi Arabia sets out store regulations in a post-Covid environment As the curfew implemented for Coronavirus (COVID-19) is relaxed, stores and shopping malls in Saudi Arabia have been set strict new measures to enable their reopening. These include: Disinfection every 24 hours, with gloves and masks available for s...
15 May 2020
Jumia, the Africa-based pure play ecommerce retailer, generated gross merchandise value (GMV) sales of €189.6m in its first quarter, 11.3% down on the same period in 2019. The fall in GMV came despite a 51% rise in the number of annual active consumers and a 27.7% increase in the number of orders made on its sites. Focus on profitability hindered GMV growth… Jumia noted its decision to reba...
15 May 2020
As part of its full year results announcement , South Africa-based Pick n Pay said the pandemic was expected to affect the margins and profitability in its 2021 financial year. It said the lockdown in its home market had led to the stopping of sales of key items including liquor, tobacco and clothing. Pandemic adding to existing operational pressures Retailers had already highlighted the...
15 May 2020
Spain-based Mercadona has launched its first Hive in Madrid, expanding the presence for its ecommerce operations. Separately, the retailer is to invest €1.8 bn to implement its 2020 transformation plan. Reinforcing its online offer Mercadona has opened its first Hive distribution centre in Getafe, Madrid. The retailer has invested €12m to expand the presence for its new ecommerce model, res...
14 May 2020
We round up three of the latest health-focused innovations from Albert Heijn as it trials Nutri-Score online, removes one billion sugar cubes in private label and introduces a new quarterly magazine. Albert Heijn trials Nutri-Score online… Following success in-store, Albert Heijn has started a six-week trial where it is including the Nutri-Score logo on its website. Nutri-Score became th...