Paypal’s full suite of payment offerings may soon be available in India, Lidl will use business intelligence as it enters the US and more expansion for Amazon in US metropolitan areas. Also, don’t underestimate the power of discounting; it still works. All these stories and more in today’s RetailUpdate. Have a great day.
Chinese retail expected to remain strong Despite China’s stock market being in turmoil, Chinese retail, particularly those selling FMCG, won’t be affected, according to Retail Group Chairman, Zhongmin Baihui +++ Chinese consumers haven’t turned away from Apple products, despite what commentators say.
Sligro to enter Belgian Market Following in the wake of rival Ahold, Dutch wholesaler Sligro will open its first outlet in Belgium next year. The announcement was made in a management statement that reported a sales increase of 1.1% in the first half of this financial year.
New e-commerce facility for Walmart To support their burgeoning e-commerce business, the multinational retailer held opening ceremonies on Wednesday for an e-commerce fulfilment facility in Bethlehem, Pennsylvania. Meanwhile, earlier this month, prospective suppliers met Walmart buyers to pitch their products in a process dubbed the “Walmart Shark Tank”.
E-commerce giant expands Amazon Home Services has boosted their number of providers and services in 15 metropolitan areas, including Atlanta, Boston and Chicago +++ Before the end of summer, Macy’s will step into Amazon's territory and partner with same-day-delivery provider Deliv in order to expand its same-day delivery service of online purchases to several new US markets +++ After its launch at the beginning of the week, Jet.com beats Walmart and Amazon.
Tried-and-tested still holds true According to marketing personalisation provider Sailthru, consumers still respond to good old-fashioned discounts. Sailthru says 97% of retailers use discounting, and 68% of e-commerce retailers find discounting works very well.
More marketers go mobile Considering the proliferation of mobile devices, online marketing appears to make sense. And marketing software provider Kenshoo confirm this by reporting that worldwide spending increased by 167% for paid social ads and 38% for paid search in the second quarter of 2015.