French retail giant Carrefour announced uneven growth performance in Europe in its third-quarter financial results, generating about 20.4 billion euros ($23.7 billion), a 4% quarter-on-quarter increase in sales revenue across all its markets.
Dutch fashion retailer Scotch & Soda is accelerating its growth strategy with plans to open 15 new physical stores and seven shop-in-shops across Europe, Asia Pacific, North America, and the Middle East by the end of 2021.
In a statement, Ula confirmed TechCrunch’s reporting. The startup said it has raised $87 million in its Series B financing round. The round was, as TechCrunch reported, co-led by Prosus Ventures, Tencent, and B Capital. Jeff Bezos invested in the … Read the rest
“The pandemic has shifted consumer priorities,” said Cindy Liu, eMarketer senior forecasting analyst at Insider Intelligence. “Kroger will benefit from two tailwinds this year: Eating at home continues to be in favor among Americans, and there’s been greater interest by … Read the rest
KitKat has introduced Australia’s first Facebook-live shopping experience dubbed ‘Live from the Kitkat Chocolatory’, Internet Retailing reports.The new feature allows livestream viewers to make direct purchases by typing prescribed #keywords in the livestream comment box. This automatically triggers a notification
There’s arguably never been a better time to worry about healthy food. The pandemic has pushed shoppers to seek out new choices and that has led to a spike in organic food and beauty products. And, as for most
MerXu, a new ecommerce platform for B2B customers, has entered the market in Central and Eastern Europe. It’s co-founded by three former Allegro executives.The online trading platform aims at companies from the CEE region that operate in the B2B sector, … Read the rest
Cheil Worldwide has launched an e-commerce platform named GETTT in South Korea.The site, which stands for GET The Taste, aims to offer users a new type of online retail in which they’re able to experience various products and find their … Read the rest