Hypermarkets and supermarkets lose global market share to online challengers: Kantar

Hypermarkets and supermarkets around the world are losing their share of the global grocery market to online challengers, according to research from Kantar Worldpanel. Winning Omnichannel, Kantar’s annual report on FMCG (fast-moving consumer goods) channels, found that while hypermarkets and supermarkets saw their global market share narrow from 53.2% to (more…)

JD.com and Farfetch strike deal to create ‘premier platform for luxury ecommerce across China’

JD.com and Farfetch announced this week a strategic partnership that they say will create “the premier platform for luxury ecommerce across China,” tapping into a market thought to be worth $80bn. The partnership, which sees leading Chinese retailer JD invest $397m in London-based Farfetch, brings together JD’s China-based logistics, technology (more…)

INTERVIEW Alessandra di Lorenzo of lastminute.com group on data-led approaches to merchandising

In the run up to this summer’s InternetRetailing Summit in Berlin, we’re speaking to senior retailers who are taking part in the event. Today we hear from Alessandra di Lorenzo, chief commercial officer, media and partnerships, at The Travel People, part of the lastminute.com group. InternetRetailing: Tell us about The (more…)