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 Opportunities
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Global 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…
CONTINUE READINGGlobal Retail Intelligence – May
May 18 – Indian Retailers See Spike as Pandemic Easing BeginsRetailers in India, including Metro Cash & Carry, Lots Wholesale Solutions, Future Group and V-Mart Retail have seen a spike in purchases of fast moving consumer goods and high-value items as measures due to the COVID-19 pandemic have been eased and more stores are open to customer walk-ins. Retailers have…
CONTINUE READINGGlobal Retail Intelligence – April
April 15 – UK’s Morrisons Launches Telesales to Help Elderly and VulnerableMorrisons announced a new, dedicated telesales shopping service aimed specifically at helping to ensure vulnerable and elderly people can get the groceries they need during the COVID-19 pandemic. This one of a number of measures that are being introduced to help with customers who may otherwise…
CONTINUE READINGPutting Coronavirus in Perspective: What Does it Mean for the Future of Globalization?
By Professor Joshua Ault As COVID-19, or Coronavirus, continues to spread across the country and the world, the most important conversations we are having now are how to stay safe and how to protect the economy from a sudden drop in activity. However, a secondary theme that we are tackling at Arizona State University’s Thunderbird School of Global Management is how COVID-19…
CONTINUE READINGGlobal Retail Intelligence – March
March 18 – UK’s Morrisons Expands Home Delivery Morrisons implemented new measures to help customers and employees during the Covid-19 outbreak. With new methods of grocery deliveries, new ranges of easy-order food parcels starting March 23 and a new customer order center, the UK retailer anticipates recruiting 2500 new drivers and order pickers.…
CONTINUE READING2020 IBC Global Forum: Speakers Announced!
The IBC 2020 Global Forum will be presented in a live-streamed webinar format this year. Attendees can anticipate learning from key industry buyers and IHA’s Global Offices and Representatives. Please save the dates of September 22 – 24 for a twice daily livestream, featuring confirmed speakers from Sodimac (Latin America), Indòmit (Spain & Portugal), EPA (Costa Rica),…
CONTINUE READINGGlobal Retail Intelligence – February
February 26 – Amazon Enters Food Delivery Market in IndiaIn the wake of Uber’s attempt at food delivery in India, after falling to the competition of two local competitors, Swiggy and Zomato, Amazon is on the brink of launching its food delivery service in India. The launch is delayed from the original plan of launching by Diwali. The initial launch will be in Bangalore…
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