Retail tech trends: Ecommerce top term on Twitter Q2 2022
Retail Insight Network lists the top five terms tweeted on retail tech in Q2 2022, based on data from GlobalData’s…
Global Food and Grocery Retailing
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Global Food and Grocery Retailing
Walmart posts 8.4% rise in revenue in second quarter of FY23
The multinational retailer reported revenue of $152.9bn, compared with $141bn a year earlier.
Investing in online grocery shopping is paying off despite some resistance in Europe
Globally, shoppers are continuing to buy into and explore the online grocery shopping landscape. As highlighted by GlobalData’s Q1 2022…
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Food shortages induced by China’s zero-Covid strategy sees return to panic buying
With supply disruptions and shortages challenging citizens everyday lives, consumer sentiment is dampened, leading to a return to stockpiling essential…
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Weee! secures $425m in funding to drive food delivery services
The company plans to use the capital to expand its product offerings and geographical presence.
The Home Depot registers 14.4% increase in sales for FY21
The company expects its FY22 diluted earnings per share (EPS) to increase in the low single digits.
DoorDash and Albertsons launch express grocery delivery service
As part of the partnership, Albertsons will offer more than 6,000 items for express grocery delivery across the nation.
Waitrose and Deliveroo to pilot quick grocery delivery service
The first Hop delivery-only store is scheduled to open in Bermondsey later this month.