News

China retail sales significantly below forecast

In August Chinese retail sales were predicted to grow by 7% by a number of analysists, it actually came in at 2.5% leading to a significant drop in APAC stocks. The blame is being pointed at China’s zero-tolerance policy towards lock down leading to fewer buyers walking the streets. NBS …

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Adobe Research Adds Weight to Selling Via Marketplaces

Last week Adobe Research reported via a press release the significance of marketplaces over retailers own websites in the UK. Of the 67% found to have purchased online between March and June 2020 (lock-down data!) over half of them, 57%, purchased from a marketplace seller compared to retailers own websites …

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Summer Sales Kick Starting Retail.

Focused on Fashion, the Amazon Summers Sale will reportedly start on 22nd June, confirmed to CNBC by an “Amazon Spokesperson”. It is seemingly an invite only event and sellers are being asked to provide deals with at least 30% discounts to take part. Prime Day, usually held Mid-July but roumers …

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H&M Group Expands Brands Online to 9 New Markets

Throughout May H&M Group are expanding some of their brands online into 9 new markets, namely: Estonia, Latvia, Lithuania, Luxembourg and Croatia which launched on 14th May. These will be followed next week by Greece, Romania, Bulgaria and Cyprus. Head of New Business, Anna Attemark, said “As part of our …

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Muji Japan Opens on Amazon

As part of trend, which I believe will accelerate as a result of the lockdown the world is experiencing, many retailers are seeing the value of selling on Marketplaces as an additional channel to their own store. Marketplaces bring a plethora of value to retailers and to consumers. They already …

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Walmart CEO Updates on how they are Responding to the Pandemic

Yesterday on America’s NBC Today show Doug McMillon, Walmart’s CEO, gave an update on how they are responding to the on-going pandemic. While paying tribute to their front line workers and to those in manufacturing keeping the supply chain open he also, at the end of the interview, gave some …

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Growing and Declining Categories During March 2020

I’ve added a few news items around those categories doing well lately as I’m keen to express that it’s not all gloom and doom online. Yes, many retailers are struggling but also many are doing well. As always in times of hardship, there are winners and losers. Helpfully Salckline, a …

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Bol.com launching French Language Version

Bol.com is the top marketplace in the Netherlands above eBay owned Marketplaats.nl and newly launched Amazon.nl. They currently have a Dutch and German language experience. The new language, now known to be launching in June, has been on the cards since it’s announcement in September last year when Huub Vermeulen …

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