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Coles is taking its online grocery offering a step further with the launch of a new subscription service that allows customers to make unlimited orders for a flat monthly fee. Customers must spend over $100 in each transaction to qualify for Coles Delivery…
China is set to overtake the US to become the world’s largest grocery market by 2023 in value terms, according to new forecasts. Studies from international researcher IGD Asia have shown the country’s total market size will reach RMB11.0 trillion (US$1.8…
Online FMCG sales are forecast to grow 163 per cent by 2023 across major markets, according to a new report from research organisation IGD, in association with The Consumer Goods Forum. The report explores three digital retail models of the future and…
Two regional Indian grocery retail chains are effectively merging, creating a national player. Spencer’s Retail, part of RP Sanjiv Goenka Group, says it will pay US$42.76 million to acquire upmarket grocery chain Nature’s Basket from Godrej Industries. The…
Home-grown online grocery marketplace Dei has launched in Singapore. Standing for ‘Daily Everything’, Dei hosts more than 70 physical Singapore-based Indian retailers, and 15,000 products categorised into canned goods, clothing, locally sourced vegetables,…
US retail giant Walmart and tech company Google have collaborated on voice technology to assist customers with grocery shopping. Starting this month, Walmart Voice Order will allow consumers to order groceries through Google Assistant by saying, “Hey Google,…
Supermarket giant Coles has entered into an exclusive services agreement with the world’s leading online grocery platform, Ocado, to double its home delivery capacity in Australia by the end of the 2023 financial year. Over the next four years, the…
Coles on Wednesday started selling a range of ‘everyday essentials’ on eBay, in a bid to reach some of the marketplace’s 11 million unique monthly visitors. The offering includes perishable and non-perishable items in Coles’ everyday essentials range across…
E-commerce giant Amazon is plotting a new grocery business in the US. The online retail giant is planning to strengthen its supermarket brand by purchasing local grocery chains that operate at least a dozen stores, the report claims. The first store is…
Lotte Mart Vietnam has opened its third Hanoi store in Cau Giay District. The South Korean retailer’s new 2776sqm branch is located in the urban district, near seven local universities. Targeting local students, the branch will offer trendy but inexpensive…
As part of ‘The Global Investors Meet’ in Dharamshala, Himachal Pradesh on June 10-11, 2019, which will have the CII as key national partner, a road show was organized in Bangalore recently that saw senior leaders from various industries participate in the…
Bigbasket has made its foray into the beauty and cosmetics category. The company is already a leader in FMCG sales, staples, and fruits and vegetables, has about 10 million subscribers, and is clocking over 1 lakh orders per day. With this new category,…
India’s annual rate of retail inflation more than halved to 2.05 percent in January from a high of 5.07 percent during the corresponding period last year, official data showed on Tuesday. The downward trend in CPI, is due to food inflation which has further…
With consumers being increasingly preferring digital channels for their purchases, the online grocery space is likely to witness traction, according to market research firm Nielsen. Grocery is definitely going to start seeing traction as e-commerce picks up,…
Nestled in the upmarket suburb of Dogok, Seoul, sits the newly opened reinvention of Emart’s “Star Super”: “the SSG Food Market”, designed by Landini Associates. Emart is the leading business of the Shinsegae group, the largest retailer in South Korea,…
Lazada Group has announced plans to ramp up its supermarket business in Southeast Asia as part of its strategy to become the region’s biggest e-commerce ecosystem. The supermarket transformation is being started off in Singapore, as homegrown online grocer…
