Online news

 

23 April 2020
US-based Target has provided a further update on its performance as it continues to respond to the Coronavirus (COVID-19) pandemic. Grocery comparable store sales up 20% For the first quarter to date, Target’s comparable store sales have increased by more than 7%. This reflects a slight decline in stores and more than 100% growth in digital channels. The retailer has seen comparable sales i...
23 April 2020
We round up the latest updates from JD.com in China. Convenience + Bakery, C2M and Partnerships 7FRESH has signed a strategic partnership with Fook, a Fujian province-based convenience store chain. Read more about the story here The first JD Convenience Store offering an in-store bakery has opened in Beijing. Products such as doughnuts and bread are baked onsite at the store. Th...
22 April 2020
Woolworths has doubled its capacity for online grocery deliveries in response to the Coronavirus (COVID-19) outbreak. Preparing for lasting increases to online sales An additional 5,000 third-party couriers will join Woolworths' 800 delivery trucks to deliver online orders to homes. This will enable the retailer to offer more delivery windows from the end of this week. A new temporary 7,000...
21 April 2020
Amazon is set to launch an ‘Ultra Fast Fresh’ delivery service, according to reports from The Grocer. Merging Amazon Fresh and Prime Now Amazon is reportedly retrofitting nine of its existing depots in order to handle fresh produce and fulfil grocery orders within hours. The service is said to be a merging of Amazon Fresh and Prime Now. According to the report, it could involve making Amazo...
21 April 2020
We look at the key ways in which Kroger is coping with the COVID-19 pandemic, whilst setting itself up for success as its impact diminishes. Supply chain efficiency Having a strong and agile supply chain has been a key factor for Kroger in being able to meet the rapidly changing needs of its shoppers. Although the initial surge in demand has slowed, it remains above normal levels and Kroger...
20 April 2020
The UK’s Competition and Markets Authority (CMA) announced Amazon will provisionally be allowed to invest in food courier service Deliveroo, considering the impact of the Coronavirus (COVID-19) pandemic. US$575m funding round In May 2019, Amazon became the biggest investor in a US$575m investment round in Deliveroo, with the exact amount Amazon spent unknown. Deliveroo said the new investme...
20 April 2020
Seah Kian Peng, Group CEO of NTUC FairPrice, believes that the retail landscape will shift after the pandemic. The retailer has made more online delivery slots available due to a surge in demand but believes physical stores will be mainstay after the crisis. Online demand reaching new levels The surge in online demand has prompted FairPrice to invest heavily in the last two months. It upgra...
17 April 2020
Since the appointment of Jack Sinclair as CEO in 2019, Sprouts Farmers Market has been making a number of strategic changes, helping to position the business for further growth. New Chief Marketing Officer Sprouts has announced the appointment of a new Chief Marketing Officer, effective immediately. Gilliam Phipps joins the team from Kroger, where he most recently served as Vice President o...
16 April 2020
Whole Foods Market has closed one of its key New York stores to enable it to fulfil Prime grocery deliveries. Developed to meet needs of city workers and tourists The Bryant Park store , located in central Manhattan, is one of the retailer’s busiest in the city, alongside neighbouring stores at Columbus Circle and Union Square. Opening in late 2016, the store was one of the first to in...
16 April 2020
Aldi UK is launching an online delivery service to help vulnerable shoppers. Essentials food parcels The new service will be launched on Friday 17th April. Aldi will be offering food parcels that cost £24.99 (US$31.34), including delivery. They will be limited to one per shopper. The parcels will contain 22 essential products including tea, pasta and antibacterial handwash. The majority ...