Online news

 

19 December 2017
Aeon Group has announced plans to invest JPY 500bn (US$4.4bn) in online operations over the next three years. 150% jump on previous investment levels The investment plan will kick off straight away and run through until 2020, with the objective for Aeon to raise its online profile, plus invest in new technologies and services.The investment represents a 150% increase on previous levels and ...
19 December 2017
Amazon is proceeding with an ambitious business plan to launch in Vietnam, according to Nguyen Thanh Hung, chairman of the Vietnam Ecommerce Association (VECOM). Two-step approach During a meeting between Amazon's representatives and VECOM, Amazon revealed their strategy to approach customers in the country. " Amazon's strategy consists of two steps. They want to export goods to Vietnam ...
18 December 2017
We bring you four innovations from Ahold Delhaize as Albert Heijn pilots cashless shopping and trials the Rappie app in the Netherlands. Meanwhile in the US, Peapod has introduced a text to order platform and has launched its own Alexa skill. 1. AH to go pilots cashless shopping In the Netherlands, AH to go is piloting cashless shopping, through the retailer's ‘tap to go’ platform. The pi...
18 December 2017
7-Eleven is testing a new on-demand delivery and store pickup service at ten stores in Dallas. Digital transformation redefining convenience While the retailer has built a leadership position in the traditional convenience store sector, the explosion of on-demand shopping options for consumers is redefining the whole concept of convenience. The 7-ElevenNOW service forms part of 7-Eleven’s d...
14 December 2017
Ocado's revenue increased 11.6% in its fourth quarter (14 weeks to 3rd December). This was slower than Q3 at 13.1% and a first half performance of 12.5%. Ocado is now delivering 280,000 orders on average per week, an increase of 11.1%. Its average basket size is £106.11, an increase of 0.3%. The larger basket size was driven by inflation and Ocado continues to face the challenge of shoppers us...
13 December 2017
Target has acquired Shipt, an online same-day delivery platform, in a deal valued at $550m. Enables Target to offer same-day delivery This acquisition significantly advances Target’s digital fulfilment capabilities, enabling it to offer same-day delivery services to its shoppers at around half of its stores by early 2018. The retailer plans to extend this service to almost all of its stores...
12 December 2017
The latest monthly release of 12-week data from Kantar Worldpanel, shows that the GB grocery market grew by 3.1% in the period to 3 December, slightly slower than seen in the November data.  However, by the Kantar measure, inflation has continued to accelerate, up to 3.6%, the highest level seen in the market since 2013, and indicating that overall volumes are slightly down on the year. Aldi r...
11 December 2017
Walmart is partnering with Tasty, one of the leading social food networks, to offer in-app purchasing of kitchen tools, bakeware and appliances. Popular social media franchise BuzzFeed’s Tasty app features step-by-step videos to help users prepare meals, with a focus on quick-to-make dishes. Over 2,000 videos are featured within the app, which also provides detailed recipes for each meal. T...
07 December 2017
Amazon India filed a revenue of 31.3bn INR(US$465m) compared to 22.2bn INR (US$344m) in the previous year, citing differences in growth due to one-time charges. Excluding these charges, its revenue rose 105% in the year ending 31 Mar 2017. Heavy investments for expansion Amazon India is spending heavily on discounts, marketing support and logistics to fund its competition against local riva...
05 December 2017
We share the latest from SPAR International across a variety of European markets including Austria, Croatia, the Netherlands, Russia and Albania. SPAR Austria invests in new private label ‘SPAR Enjoy’ drinks range SPAR Austria has invested in a variety of new private label drinks under the 'SPAR Enjoy' brand over the last quarter. This includes a range of rainbow juices  featuring e...