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Articles about ecommerce

Research finds ‘untapped opportunity’ for European retailers yet to embrace social media Tuesday, 7th May 2013

Research finds ‘untapped opportunity’ for European retailers yet to embrace social media
Photo credit: ASOS

Facebook Login integration is found to be twice as popular with European online retailers as with their US counterparts, a new study published by Betapond finds. Betapond’s study, ‘Login to Boost Checkouts’, found 14.5 per cent of European online retailers implementing Login with Facebook, compared to just 6 per cent in the US.

Posted by Ava Szajna

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Asos sales rise 37% for second quarter Wednesday, 20th March 2013

Asos sales rise 37% for second quarter
Photo credit: Asos

Online-only fashion retailer Asos posted a 37 per cent rise in second quarter sales thanks to expanding markets and strong Christmas trading in Britain. Retail sales rose 37 per cent by £186 million in the three months to 28 February, ahead of the market forecast of 34 per cent for the period and up again from a 30 per cent jump during Asos’ first quarter.

Posted by Ava Szajna

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Target announces deal to acquire two e-commerce brands Friday, 15th March 2013

Target announces deal to acquire two e-commerce brands
Photo Credit: Target

Target has agreed upon a deal to buy Chefs Catalog and Cooking.com, with the acquisition expected to be finalised within a month. Target announced through their corporate site yesterday that it will acquire the two e-commerce brands with the intention of increasing its sales of both food and kitchenware.

Posted by Ryan Legge

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Ocado sales rise more than 14% year-on-year Thursday, 14th March 2013

Ocado sales rise more than 14% year-on-year
Photo Credit: Ocado

Online grocery retailer Ocado has published its interim management statement for the 12 weeks leading to 24th February. The report shows that the company’s gross sales, average orders per week and average order size all increased. Gross sales totalled £185.5 million, an increase of 14.4 per cent over the previous year, average orders per week increased 12 per cent to 130,995.

Posted by Ryan Legge

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Morrisons plans to sell food online before the end of 2013 Thursday, 14th March 2013

Morrisons plans to sell food online before the end of 2013
Photo Credit: Morrisons

Supermarket chain Morrisons has announced its intention to begin online retail and delivery of food before the end of 2013. Morrisons is currently the fourth most powerful supermarket chain in the UK. All three of the supermarkets currently ranked above it (Sainsbury’s, Asda and the current leader Tesco) sell and deliver food through their respective websites.

Posted by Ryan Legge

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Jonathan Lu to succeed Jack Ma as CEO of Alibaba Group Tuesday, 12th March 2013

Jonathan Lu to succeed Jack Ma as CEO of Alibaba Group
Photo Credit: Alibaba Group

Alibaba Group, China’s largest e-commerce firm, has announced that Jonathan Lu will become the company’s chief executive officer after founder Jack Ma steps down from the position this May. Lu, currently the chief data officer of Alibaba, has been with the company for over a decade, having been hired in 2000 to increase the e-retailer's sales in South China.

Posted by Ryan Legge

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Asos first quarter sales rise 30% Tuesday, 11th December 2012

Asos first quarter sales rise 30%
Photo credit: Asos

Online fashion retailer Asos managed to beat analysts’ forecasts with another set of heady results for its first quarter. The retailer on Tuesday announced total retail sales rose 30 per cent to £165.8 million in the three months to 30 November, thanks to strong trading in its domestic UK market and overseas.

Posted by Ava Szajna

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Tesco expected to post fall in Q3 sales Monday, 3rd December 2012

Tesco expected to post fall in Q3 sales
Photo credit: Tesco plc

The UK’s biggest retailer is this week expected to post a fall in sales despite undergoing a £1 billion turnaround strategy. According to the Telegraph, the City is forecasting like-for-like sales could drop up to 1 per cent for Tesco’s third quarter, compared with a 0.1 per cent rise in the second quarter this year.

Posted by Ava Szajna

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Record-breaking Cyber Monday becomes biggest internet shopping day ever Tuesday, 27th November 2012

Record-breaking Cyber Monday becomes biggest internet shopping day ever
Photo credit: Amazon

E-commerce sales rose 28.4 per cent for Cyber Monday, compared with the same time last year, as the latest reports put spending at USD 1.5 billion, making it the biggest online shopping day on record. According to research from comScore, Cyber Monday is now thought to be the biggest internet shopping day in history, with USD 1.5 billion spent in total, breaking all previous records since the digital firm began tracking shoppers’ online buying habits in 2001.

Posted by Ava Szajna

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OFT to investigate use of loyalty cards by UK’s largest retailers Friday, 16th November 2012

OFT to investigate use of loyalty cards by UK’s largest retailers

Some of the UK’s largest retailers are set to be scrutinised by the Office of Fair Trading after the watchdog announced it is to investigate personalised pricing on the internet. According to the Telegraph, Tesco’s Clubcard and Sainsbury’s Nectar loyalty scheme will be examined as the OFT looks into personalised deals offered by retailers after monitoring their online shopping habits.

Posted by Ava Szajna

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