Philippines: AllDay Supermarket launches 'dark store' concept
AllDay Supermarket, currently the fastest growing supermarket operator in the Philippines, has recently launched its “dark store” concept as it continues to banner a global standard in the local supermarket industry. “Dark stores” are standalone facilities optimized for e-commerce that acts as last-mile fulfillment centers for the firm’s online shopping platform www.allday.com.ph.
Sweden: Lidl sees sales up double digits in full-year 2020/21
Lidl Sweden reported a 12.8% increase in sales in its most recent financial year, with general manager Johan Augustsson saying that the discounter's performance illustrates its position as a "strong challenger" in the Swedish grocery sector. In the year to 28 February 2021, Lidl Sweden reported net sales of SEK13.25bln (€1.3bln), compared to SEK11.75bln the previous year.
India: Same-day delivery service WeFast rebrands to Borzo and raises $35mln in Series C
WeFast, the leading crowdsourced same-day delivery service operating globally, announced that it has changed its name to Borzo to unite its businesses in 10 different countries under a single brand. As part of its growth strategy, the company also raised $35mln in a Series C funding round. Its investors include Mubadala, VNV Global, RDIF, Flashpoint Venture Capital, and others. With the money raised, the company plans to strengthen its position on the international market under the Borzo brand and develop new products.
7-Eleven welcomes first customers in Cambodia
The first 7-Eleven store in Cambodia opened in capital city Phnom Penh on August 30. The store features 7-Eleven's unique style of convenience plus its signature food and drinks, as well as products and delicacies especially created to appeal to the local market. The Phnom Penh location is the first store to open through 7-Eleven's master franchise agreement with CP ALL Cambodia Co. Ltd., an indirect subsidiary of CP All Public Co. Ltd., which operates more than 12,000 7-Eleven stores in Thailand and is the largest 7-Eleven licensee.
Amazon asks India regulator to order withdrawal of Future-Reliance deal approval - letter
Amazon.com Inc has asked India's market regulator to order withdrawal of conditional approval given to its warring partner Future Group's $3.4bln retail assets sale, citing a court ruling in the U.S. company's favour, a letter seen by Reuters showed.
A majority of Swedish customers will continue to shop online, study finds
Around 7 out of 10 online customers (68%) in Sweden believe that they will continue to use the channel to buy food even after coronavirus restrictions are eased, a new survey conducted by Demoskop on behalf of Coop Sweden has revealed. However, every 3rd person, or 33%, of those surveyed said they would reduce the extent of online shopping after restrictions ease. Online grocery shopping has seen record growth during the pandemic, with more than every 3rd Swede (39%) using the channel since the beginning of the pandemic.
UK marketplace Add to Cart wants to take on the big boys
Add to Cart is a new ecommerce marketplace from the United Kingdom. It wants to compete with other online marketplaces by focusing primarily on supporting small scale businesses. The marketplace works alongside sellers’ existing sales platforms.
Online grocery sales on the increase in Italy, study finds
The online channel of Italy's large-scale retail trade exceeded a turnover of €1bln in Italy in the first 7 months of 2021, new data has shown. Last year, the €1bln euro mark was reached at the end of October, indicating that Italian consumers have upped their spend through this channel, according to an IRI survey conducted for OsservaItalia, reports La Repubblica.
SN Retailer of the Year: Target's on a run
In today’s omnichannel retail game, Target Corp. has center-shot the bullseye. The Minneapolis-based retailer added more than $15bln to its top line in fiscal 2020, exceeding combined sales growth over the past 11 years. E-commerce generated about two-thirds of that gain as same-day pickup and delivery sales soared 235%.
Canada: Mercatus connects with Instacart to offer greater fulfillment options
Mercatus, a Toronto-based provider of grocery e-commerce solutions, is now offering the Instacart Connect integration to its retail clients. The integration enables Mercatus-powered grocery retailers to tap into the Instacart fulfillment infrastructure to pick, pack and deliver orders, without giving up control over the customer relationship, says the company.
Canada: Modern Plant-Based Foods receives purchase order from Germany's largest super market chain Aldi
Modern Plant-Based Foods Inc., (" Modern Plant Based Foods ") or (the "Company"), an award-winning plant-based food company, is pleased to announce that it will be listing its plant-based snacks, Snacks from the Sun's, "Popped Potato Crisps" with Germany's largest grocery chain, ALDI. The products will initially role out at 285 ALDI retail locations.
US: NRF encouraged by White House appointment to address supply chain issues
The National Retail Federation issued a statement from Senior Vice President of Government Relations David French following an announcement from the White House that President Biden has appointed John D. Porcari as Port Envoy to address supply chain disruptions. “Retailers have faced a number of unprecedented challenges during the pandemic, and the supply chain disruptions that continue to evolve pose a threat to many American businesses. As consumer demand increases, the supply chain challenges and the costs associated with them remain significant”.