All articles and blogs

16 April 2020
Beauty-products retailer, Sa Sa International, has posted its Q4 results. Group turnover fell 56.5% to HKD892.4m (US$115.1m). Multiples factors impacting turnover The significant decline in Group turnover was partly due to the closure of Sa Sa’s Singapore business. Sales to mainlanders in Hong Kong and Macau fell 80.8%, as consumer sentiment and travel restrictions following Coronavirus (CO...
16 April 2020
Loblaw is providing non-subscribers with temporary access to its exclusive online food content platform, PC Insiders Project. Subscription-based service Loblaw has temporarily unlocked the exclusive content site that it has developed for members of its PC Insiders initiative, a subscription-based service. Launched nationally in 2018, this provides members with access to a range of perks, in...
16 April 2020
Whole Foods Market has closed one of its key New York stores to enable it to fulfil Prime grocery deliveries. Developed to meet needs of city workers and tourists The Bryant Park store , located in central Manhattan, is one of the retailer’s busiest in the city, alongside neighbouring stores at Columbus Circle and Union Square. Opening in late 2016, the store was one of the first to in...
16 April 2020
US retail sales fell 8.7% in March, compared to a month earlier. We look at how this breaks down across different sectors and the outlook going forward. Non-food sales see significant drop Given the mandated stay-at-home measures and voluntary closures by most retailers, due to the coronavirus (Covid-19) pandemic, the decline in sales was expected. Year-on-year, retail sales fell 6.2%. A se...
16 April 2020
We bring you the latest news on how retailers and suppliers are coping with the challenges of COVID-19 in Germany. We will continue to update this article with the latest initiatives. Ten-point plan for retail The German Trade Association has laid out a plan for a gradual return to normality. It includes measures to support small businesses, stimulate consumer spending, adjust labour l...
16 April 2020
The German Trade Association has laid out a plan for a gradual return to normality, as the Coronavirus (COVID-19) pandemic continues. 1. Non-discriminatory guidelines The majority of shops remain closed across Germany but as this is reversed in the future, clear and consistent regulations are necessary to avoid legal uncertainty, unfair competition or collective uncertainty. Decisions shoul...
16 April 2020
Coundown has launched its first darkstore in Auckland, helping the retailer meet the growing demand for ecommerce in the country's largest city. New centre will meet rapidly growing demand Even before the Coronavirus (COVID-19) surge in demand for online grocery deliveries, New Zealand was experiencing some rapid growth in the online channel. The new 8,800 sq m darkstore in Penrose will hel...
15 April 2020
With the Coronavirus (COVID-19) pandemic requiring shoppers globally to remain at home, retailers exhausting online order capacity, and rationalising ranges, now is the time for businesses to use online to sell directly to consumers (D2C). Demand is so high for online ordering and home delivery, that the cost to acquire and retain shoppers, a key barrier to launching a D2C operation, is current...
15 April 2020
In a letter to stakeholders, Starbucks provided an update on how COVID-19 has impacted its business and how it is responding, as well as sharing preliminary financial results ahead of its Q2 report on 28 April. McDonald’s has also released a statement ahead of its Q1 results, due for release on 30 April. For more on the company’s announcement, read more here . Starbucks’s focus Sinc...
15 April 2020
The US Department of Agriculture (USDA) is expanding its SNAP (Supplemental Nutrition Assistance Programme) online pilot to two more states: Florida and Idaho. Amazon and Walmart participating in all pilot states The pilot programme enables recipients of SNAP benefits, often referred to as food stamps, to purchase items through designated online retailers. The pilot is live in Alabama, Iowa...