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Tag: online

Momentum in online, app-based sales to stay for retailers

Many large brick-and-mortar retail chains that switched to online during the lockdown have reported spike in sales from digital channels, and expect the momentum to continue as consumers prefer to order digitally despite restrictions are being eased. According to a PTI report: Several retailers, which earlier started selling essential items – like food and grocery …

Momentum in online, app-based sales to stay for retailersRead More

COVID-19 boosts customer appetite for online grocery shopping in APAC countries, says GlobalData

The need to maintain social distance and stay at home due to the COVID-19 pandemic is increasingly forcing consumers across the Asia-Pacific (APAC) region to shift their shopping habits online. Therefore, contactless deliveries are ideal during lockdown measures, forcing people to embrace technology, and be more experimental with their purchases, says GlobalData, a leading data …

COVID-19 boosts customer appetite for online grocery shopping in APAC countries, says GlobalDataRead More

Amazon, SoftBank held talks over Russian online retailer Ozon, shareholder says, Retail News, ET Retail

Global retail giant Amazon and Japanese SoftBank have made approaches to Russian conglomerate Sistema about a possible acquisition of its online retailer Ozon, Sistema’s majority owner Vladimir Evtushenkov said on Saturday. It’s not immediately clear if talks are still under way or have ended. Sistema has said it was looking for partners to invest in …

Amazon, SoftBank held talks over Russian online retailer Ozon, shareholder says, Retail News, ET RetailRead More

More consumers ventured online to buy breakfast during the pandemic

The coronavirus pandemic has upended many consumers’ typical breakfast routines, causing many fast-food chains to lose out on early morning sales as their usual customers choose to eat cereal at home instead. But some consumers are forming new routines and ordering their breakfasts online, through the likes of DoorDash and Uber Eats. Between the weeks …

More consumers ventured online to buy breakfast during the pandemicRead More

Online sales doubles for top consumer brands in India due to Covid-19, Retail News, ET Retail

KOLKATA/MUMBAI: India’s largest consumer goods companies saw Covid19 led disruptions significantly boosting online sales in India and for several e-commerce sales and contribution to overall business have doubled. This is true for top deck companies like Hindustan Unilever, ITC, Parle Products, LG, Vivo and Godrej. Senior executives said several consumers continue to buy online rather …

Online sales doubles for top consumer brands in India due to Covid-19, Retail News, ET RetailRead More

Myntra recorded 86% jump in customer base from Tier 2 and beyond during its first online sale post lockdown, Retail News, ET Retail

Bengaluru : Flipkart-owned fashion marketplace Myntra noted 86% increase in the number of customers from tier 2 and 3 cities – the highest so far – in its recently concluded End of Reason Sale (EORS), indicating a shift in consumer behavior and preference for online shopping amid the lockdown. It was the first online sale …

Myntra recorded 86% jump in customer base from Tier 2 and beyond during its first online sale post lockdown, Retail News, ET RetailRead More

How Covid-19 is expected to shape ‘the biggest boom in online retailing’ yet

As ONS figures out today show online gaining a record share of retail sales in May, we round up key analysis, insights and indicators into the rate of expansion   DPD expands to meet ‘the biggest boom in online retailing in the UK’ DPD is expanding to meet new, higher levels of demand for its …

How Covid-19 is expected to shape ‘the biggest boom in online retailing’ yetRead More

M&S hires new online clothing boss | News

Marks & Spencer has hired the commercial vice-president of Asda’s George brand, Stephen Langford, as its new ecommerce director.  He will join M&S in just over a week’s time, to head its online clothing business as it pivots further to be a digital-first retailer. Chief executive Steve Rowe said Langford will be “responsible for driving …

M&S hires new online clothing boss | NewsRead More

Retail Roundup—CB2 selling online mattress brand; Walmart unveils shoppable apartments

CB2 selling online mattress brand CB2 had teamed up with Tomorrow Sleep to sell the company’s hybrid mattresses in store. The mattresses, born as a subsidiary of Serta Simmons Bedding, has traditionally sold direct-to-consumers but will now also be available in 13 CB2 stores across nine states. (PR Newswire) Walmart unveils shoppable apartments Walmart shoppers can …

Retail Roundup—CB2 selling online mattress brand; Walmart unveils shoppable apartmentsRead More

Coronavirus round-up: Forrester predictions on global sales, Co-op Central England, Intu and as small businesses move online fast

We’re reporting on the effect of the Covid-19 coronavirus pandemic on the way UK shoppers buy – and on how retailers are responding to that changing behaviour. This update comes as, as of 9am on April 30, 171,253 people have tested positive for coronavirus and 26,771 people have died following a positive Covid-19 test result. …

Coronavirus round-up: Forrester predictions on global sales, Co-op Central England, Intu and as small businesses move online fastRead More