October 7, 2015 Flash Report Register for Free Access Tesco First Half: The Reset Starts to Bear FruitIn the first half of fiscal year 2016, Tesco’s group sales (excluding fuel) were down 1.9% in British pounds, or down 0.3% at constant exchange rates.
September 17, 2015 Flash Report Register for Free Access Target to Pilot Test Grocery Delivery with InstacartOn September 15, Target announced a partnership with Instacart to offer delivery of groceries purchased online in as little as an hour within the Minneapolis metropolitan area.
September 14, 2015 Flash Report Register for Free Access Macy’s Store Closures UpdateMacy’s announced plans to close 35 to 40 underperforming stores, which generate combined sales of roughly $300 million
September 10, 2015 Flash Report Register for Free Access China Puts a Damper on the Beauty CategoryOn Friday, September 4, L’Oréal lowered its forecasted growth for the cosmetics category in 2015 to around 3.5%, down from its previous expectations of 3.5%–4%. That said, the company did not adjust its expectations for its own sales performance for the second half of the year.
August 26, 2015 Event Presentation Premium Doing Business in China$1.63 billion in sales are made in the first 38 minutes • 42.6% of sales are made via mobile devices • The first domestic order is delivered in 15 minutes • The first cross-border order is delivered in 2 hours • In 2014, Alibaba offered an 11.11 shopping festival to global shoppers
August 11, 2015 Insight Report Premium Jet.com Update Aug 11, 2015The third week of July 2015 was an exciting one for retail. We saw both hype and grumbling mover Amazon’s Prime Day launch on July 15 and, ultimately, solid results from the company.
July 20, 2015 Insight Report Premium Amazon Prime Day Report #4: Moment of the truth… recap“Thank you to the hundreds of thousands of new members who signed up on Prime Day, and our tens of millions of existing members for making our first ever Prime Day a huge success,” said Greg Greeley, Vice President of Amazon Prime, at the conclusion of Amazon’s inaugural Prime Day 24-hour super sale.
July 20, 2015 Insight Report Premium Jet.com: The Stealth Fighter with Amazon Squarely in Its SightsThere’s a new e-commerce startup in town—by the name of Jet.com—that’s poised to give Amazon some competition by combining the membership approach of Costco, the broad retail category coverage of Amazon, and some innovative analytics for computing pricing and shipping. The Jet.com team is extremely familiar with Amazon’s competitive advantages as well as its weaknesses, since Jet.com‘s CEO Marc Lore worked at Amazon for a couple of years after it acquired his startup (Quidsi, the parent company of Diapers.com).
July 15, 2015 Insight Report Premium Amazon Prime Day Report #3: AS THE DAY comes to the end…FBIC’s global team has been tracking Amazon Prime Day and its “lighting deals” around the clock today. Since midnight PDT, FBIC team members in Hong Kong, the UK and the US have been following Amazon’s global sites, social media outlets and media responses.
July 15, 2015 Insight Report Premium Amazon Prime Day Report #2: AS THE DAY GOES ON…FBIC Global Retail & Technology is tracking Amazon Prime Day live. The sales event is a global shopping day exclusively for Amazon Prime members who have been promised new deals every 10 minutes through the day on July 15.
July 15, 2015 Insight Report Premium Amazon Prime Day Report #1: Launch UpdateThere was certainly a lot of hype surrounding the launch of Amazon’s Prime Day, the big online sales day that the company announced on July 6 and which we previewed in our “Amazon Prime Day” report on July 14.
July 14, 2015 Insight Report Premium Amazon Prime Day PreviewLast week, Amazon announced that it is designating July 15 as Prime Day, set merely 6 days before its potential strong competitor jet.com’s July 21 launch date. Amazon Prime Day will be a global shopping event exclusively for Amazon Prime members who will be able to shop new deals offered every 10 minutes.
July 14, 2015 Flash Report Register for Free Access Alibaba Announces Investment in Mei.com to Expand its Presence in LuxuryIn one day, Alibaba announced two investments, totaling at least US$300 million, that enable the company to accomplish two separate but significant goals: to move up the value chain to integrate luxury products and flash sales into its Tmall.com site and to continue its geographic expansion by increasing its investment in SingPost, the leading mail-delivery company in Singapore.
July 13, 2015 Flash Report Register for Free Access Alibaba Announces Investment, Agreements with SingPost to Expand its Presence in LogisticsIn one day, Alibaba announced two investments, totaling at least US$300 million, that enable the company to accomplish two separate but significant goals: to move up the value chain to integrate luxury products and flash sales into its Tmall.com site and to continue its geographic expansion by increasing its investment in SingPost, the leading mail-delivery company in Singapore.
July 7, 2015 Flash Report Register for Free Access Amazon Prime DayTo celebrate its 20th anniversary, Amazon announced that it’s designating July 15 as Prime Day, an exclusive, global shopping event for Amazon Prime members. Prime members in the US, UK, Spain, Japan, Italy, Germany, France, Canada and Austria will be able to shop new deals, offered every 10 minutes, across a dozen categories, starting at midnight on July 15.