The IMRG Capgemini eRetail Sales Index has reported online sales growth of 17 per cent year-on-year in June, despite other indicators of falling consumer confidence around the EU Referendum. The Index recorded a month-on-month growth rate of 2 per cent, similar to last year’s growth rate and building on an extremely strong May 2016, when the Index… Read more »
Retail giant Walmart has bought online retailer Jet.com for $3.3 billion (£2.5 billion), one of Amazon’s biggest online challengers, in a major statement of intent from the superstore giant. The move is seen as Walmart’s latest attempt to tackle the widening gap between Amazon and its own ecommerce business, which remains a very small percentage of its overall business. .
The online retailer’s first branded air cargo plane took flight during the Boeing BA +0.40% Seafair’s Air Show in Seattle, the latest in a series of moves by Amazon to take its merchandise delivery network to new heights.
Drizly, the US start-up that is ‘uberising’ alcohol deliveries in 15 US markets, has raised $15 million from backers including Polaris Partners.
Hermes is set to start trialing the use of Starship Technologies’ delivery robots in Germany at the end of this month.
The Ecommerce Club’s latest Working Lunch London took a look at a different way for marketers to understand the consumer, the specific factors and variables that influence buyer behaviour. While there’s no doubt that product quality and brand reputation remain important, psychological, internal and social stimuli all have a role to play in why and… Read more »
eBay.co.uk and Amazon.co.uk continue to lead the top 25 online retailers, with the majority of traffic still coming from mobile (with 2.5 per cent coming from social) and Google remaining the most popular search engine.
In its latest trading update, multichannel fashion and homeware retailer Next, reported a 1.8 per cent rise in sales during the six months to 30 July.
Travis Perkins, parent company to Wickes and Toolstaion, reported that investment in online growth had helped it to win market share and to position it for the future.
Menswear to spearhead £3.2 billion growth in UK value clothing market to 2021, but digital is key to success.
Sainsbury’ planned takeover of Argos has received clearance from the UK Competition and Markets Authority clears the way for Sainsbury’s to create a multichannel giant that has been suggested could rival Amazon in the UK.
AO World, which operates AO.com, sister websites in Germany and Holland, reported strong third quarter growth in the UK and Europe.