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Tag: surge

Online buying up, e-comm firms’ sales surge past pre-Covid levels, Retail News, ET Retail

BENGALURU: E-commerce companies have not just recovered, but surpassed pre-Covid-level sales as more people shop online due to the pandemic. The daily shipment volumes are back at over 3 million per day with visible signs of demand holding firm over the next couple of months, with people continuing to limit their visits to physical stores, …

Online buying up, e-comm firms’ sales surge past pre-Covid levels, Retail News, ET RetailRead More

E-commerce sales surge for food & grocery retailers in April-June quarter, Retail News, ET Retail

Kolkata/Mumbai: The contribution of e-commerce and home delivery of orders has surged to a record 15-20% for India’s top food and grocery retail chains during the April-June quarter as compared to 3-5% earlier, indicating a distinct shift in shopping habits due to the Covid-19 pandemic in India. Leading brick-and-mortar chains such as Reliance Retail, Spencer’s …

E-commerce sales surge for food & grocery retailers in April-June quarter, Retail News, ET RetailRead More

Sainsbury’s reports rise in grocery sales and surge in online orders | Business

Sainsbury’s has said it is winning over shoppers from the discounters Aldi and Lidl as well as Tesco, Asda and Morrisons, as it reported a surge in online orders to 650,000 a week in June, up from 370,000 in March. Sales at its established stores rose by 8.2%, with grocery sales up by 10.5% and …

Sainsbury’s reports rise in grocery sales and surge in online orders | BusinessRead More

Lorry drivers from outside EU ‘exploited’ in lockdown delivery surge | World news

At dusk one day this month, dozens of lorries registered in Lithuania, Poland and Romania were packed like giant sardines just off the M25. The truck stop for international drivers heading north from Dover was in a mud and gravel field around an old house converted into a cafe-cum-barber shop. Russian was the common language …

Lorry drivers from outside EU ‘exploited’ in lockdown delivery surge | World newsRead More

Giesecke+Devrient: Greater focus on cybersecurity a must as corona pandemic leads to surge in digitisation

The spread of the corona pandemic has shifted large parts of work and communication into digital space within a very short time. It has become obvious: The security of networks and communication infrastructures is more important than ever – especially in light of increasing cyber threats. In a livestream “What remains of the corona crisis? …

Giesecke+Devrient: Greater focus on cybersecurity a must as corona pandemic leads to surge in digitisationRead More

Suppliers ration stocks of tinned tomatoes after surge in demand | Business

Tinned tomato suppliers are rationing stocks to supermarkets after demand in the UK surged more than 30% and threatened to use up supplies ahead of this year’s harvest. Supermarkets and convenience store groups are understood to be jockeying for supplies as families continue to buy more tinned foods than usual after the closure of schools …

Suppliers ration stocks of tinned tomatoes after surge in demand | BusinessRead More

Wayfair shares surge 37% as coronavirus drives sales of office furniture

Niraj Shah, CEO, Wayfair Ashlee Espinal | CNBC Wayfair shares surged more than 37% Monday after the online furniture company said its business is booming, as people furnish their home offices or decorate while they are shut in during the coronavirus pandemic.  Wayfair said in a press release that when it entered March, gross revenue growth …

Wayfair shares surge 37% as coronavirus drives sales of office furnitureRead More

Report: Amazon to pause third-party shipping during COVID-19 surge

Get great content like this right in your inbox. Subscribe Amazon is going to temporarily cease direct competition with major shipping providers like FedEx and UPS. According to the Wall Street Journal, Amazon will temporarily cease operations of its Amazon Shipping service in June. Launched in April 2019, Amazon Shipping bypasses Amazon fulfillment centers entirely. …

Report: Amazon to pause third-party shipping during COVID-19 surgeRead More

BigBasket and Grofers to hire 12,000 staff to meet demand surge, Retail News, ET Retail

Bengaluru: India’s largest online grocer BigBasket said it will hire 10,000 permanent on-ground staff to work at warehouses, distribution centres and as delivery personnel, over the next few days. Its rival Grofers also plans to recruit 2,000 additional workers, as both the companies look to service a massive demand surge caused by the nationwide lockdown …

BigBasket and Grofers to hire 12,000 staff to meet demand surge, Retail News, ET RetailRead More

Walmart Reportedly Halts Asda Sale Amid COVID-19 Grocery Surge

Walmart is pausing the sale process of Asda so that the UK-based grocer can focus on managing the surge in grocery orders driven by the coronavirus (COVID-19) pandemic, according to a report from CNBC. The halt of the long-anticipated sale highlights the unprecedented landscape in which grocery stores are operating, with shoppers buying in bulk …

Walmart Reportedly Halts Asda Sale Amid COVID-19 Grocery SurgeRead More