February 17 – Tesco Stores Renamed Across Southeast AsiaCP Group has renamed its Tesco stores across Southeast Asia to Lotus’s. The rebranding follows the USD 10.6 billion acquisition of Tesco’s Asian operations in Thailand and Malaysia in 2020. From Inside Retail February 15 – South Africa’s ShopRite Sees Profits GrowSouth Africa’s ShopRite Holdings announced that profits…
CONTINUE READINGGlobal Retail Intelligence
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Global Retail Intelligence – January
January 20 – Walmart’s Flipkart Puts Fresh Foods Platform on HoldIndia-based Flipkart has put its plans on hold to establish a fresh food platform to sell directly to consumers. Walmart-owned Flipkart has said that it will be difficult to drive traffic and find synergies with its current ecommerce marketplace. From ET Retail January 19 – Alibaba/Tmall Announces Support for…
CONTINUE READINGGlobal Retail Intelligence – December
December 15 – Alibaba Announces Launch of Reverse Logistics Channel to Offer Return Service to Hong Kong CustomersCainiao, the logistics arm of Alibaba Group, announced that 85% of goods purchased on Alibaba’s platforms, including Taobao and Tmall, delivered by Cainiao will be eligible for returns within seven days for their customers in Hong Kong. Plans to launch a direct…
CONTINUE READINGGlobal Retail Intelligence – November
November 18 – Asda online sales up 72% in Q3 2020Walmart Asda reported earnings for the third quarter of 2020 covering the period from July 1 to September 30, coinciding with the end of the first UK-wide lockdown and reopening of the hospitality sector. Asda’s like-for-like sales, excluding fuel, increased by 2.7% and the strong performance in grocery, back-to-school…
CONTINUE READINGGlobal Retail Intelligence –October
October 13 – Aldi UK Doubles Size of Deliveroo Trial|Aldi UK has planned to double the size of its trial of grocery delivery with the Deliveroo network, extending the trial to 40 total stores, bringing the trial service area to additional cities in England. From Aldi October 12 – Flipcart, Walmart Invest in NinjacartIndia-based ecommerce marketplace, Flipkart and parent…
CONTINUE READINGGlobal Retail Intelligence – September
September 15 – Auchan to Invest in Urban Development of Retail OutletsFrance’s Auchan aims to increase market share in urban centers by investing heavily in both proximity and digital services. From European Supermarket Magazine September 9 – Australia’s Myer Partners with AmazonAustralians are now able to buy items on Amazon and have them sent to their nearest…
CONTINUE READINGGlobal Retail Intelligence – August
August 21 – Chinese Online Retailer Pindoudou Announces First Quarter Growth Strong second quarter growth with increase in revenue of 67% year-on-year was announced by Chinese online retailer, Pindoudou. The retailer credits growth with increased active monthly users which reached 568.8 million for the quarter, representing a 55% increase over last year. …
CONTINUE READINGGlobal Retail Intelligence – July
July 20 – Walmart Canada Announces Major Investment Walmart Canada has announced that it will invest CAD 3.5 billion on growth acceleration and customer experience over the next 5 years. Among the investment plans announced are renovations to 150 stores, a digitally connected shopping experience, growth in ecommerce scope, renovation of an existing distribution center and…
CONTINUE READINGGlobal Retail Intelligence – June
June 15 – Aldi UK Extends Home Delivery Trial In partnership with Deliveroom, Aldi UK has extended is home delivery to London through a store located in Camden. An online offering of more than 200 items will be deliverable to customers within two miles of the store with newly added delivery as soon as 30 minutes following delivery. Aldi confirmed that if the trial…
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