60% of Chinese consumers intend to shop more via cross-border e-commerce despite concern by 80% of overseas retailers that their online sales capabilities aren’t adequate to succeed in the country, new research reveals.
Online grocery in China could more than double in growth between now and 2020, according to figures released today by international grocery research organisation IGD, with its current 3.1% share of the country’s total grocery market forecast to leap to
India is en-route to overtake the US to become the world’s second largest e-commerce market, according to new research by leading payment company Worldpay. Worldpay’s latest global overview of online consumer spending and payment habits, The Global Payments Report, has predicted
Sainsbury’s plans to grow its business in China and develop its partnership with Alibaba by doubling the number of its products that are available on Alibaba’s Tmall Global online marketplace. The move to accelerate its presence in China comes after
In a first for the UK’s largest independent online fashion and beauty retailer, ASOS has launched mobile apps for iPhone, iPad and Android to the Chinese market.
Following record sales for Singles Day on 11 November, the global delivery experts ParcelHero is predicting it is inevitable that Singles Day will be embraced in the UK in 2016. ParcelHero’s head of public relations, David Jinks said: “Currently Singles Day is
Metro Group has announced a strategic partnership with the leading Chinese online and mobile commerce company Alibaba Group to promote business in China’s rapidly growing e-commerce market. According to the agreement signed by both firms today, the German retailing company Metro Group is launching
Walmart, a leading international retailer, held an opening ceremony today where they announced the completion of Phase II of the Walmart Tianjin distribution centre in Beichen District, Tianjin. This speculative distribution centre of four Grade A logistics warehouses totalling GFA
The Chinese online grocery market, already the world’s largest, is set to be worth almost $180bn by 2020 – nearly five times its current value of $41bn, according to the latest IGD research. Other highlights from IGD’s findings reveal that
China has 725m urban dwellers whose household consumption will triple in the 10 years up to 2022. This is just one eye-watering fact to come out of the China-Britain Business Council’s (CBBC) ‘China’s Middle Income Consumers’ report. It has been
Discounter Aldi Süd is reported to be examining market conditions for a potential launch in China. The German business monthly Manager Magazin quotes from recent notes of the Aldi-Unternehmensausschuss (AUA, Aldi Company Committee), the body in which Aldi Süd and sister company
Len Padilla, VP product strategy at communications specialist, NTT Europe, advises businesses on winning e-commerce sales in China Nobody is in any doubt that the opportunities for e-commerce are enormous in China – local giant Alibaba’s profits have increased threefold over the
Asian brand distribution specialist, Beauterama Trading, has teamed up with the China-Britain Business Council to host a free webinar on 14 October (9.30-10.30am) for SME brands looking to access eco-friendly, sustainable and organic markets in China. Changing styles and consumer demands are resulting
Tesco has reduced website load times by over 70% in Asia by deploying CDNetworks’ Content Acceleration as part of its strategy to bolster global online sales in key growth markets including China, Thailand and Malaysia. The move is also designed to
Wal-Mart continues to be seen as the top retailer in the United States and China by manufacturing trading partners in both countries, according to Kantar Retail’s latest PoweRanking. However, pure-play online retailers are starting to make their presence felt in both
Tesco has recorded a 24% decline in pre-tax profits to £1.39bn at the interim stage and blamed a challenging retail environment in Europe for the fall. In the UK, like-for-like sales for the 26 weeks ended 24 August 2013 were
Cath Kidston, the global lifestyle brand, is planning a flagship store in China, to be located in the retail heart of Shanghai, Huai Hai Road. This opening recognises the importance of Greater China to the Cath Kidston brand as it
Tesco has announced it has entered into an agreement and is talks with China Resources Enterprise (CRE) to combine their Chinese retail operations to form the leading multi-format retailer in China. China is the world’s biggest food and grocery market
KFC is most powerful international brand in China, according to Millward Brown research. The study, carried out between 2011 and 2013 with more than 60,000 consumers in 10 Chinese cities, has identified 20 international power brands in China – one
China, the world’s biggest food and grocery market, is now valued at more than US$1tn and is forecast to be worth US$1.5tn in 2016, according to latest figures published by IGD. IGD research also found: The US grocery market will
Spar International has reported a 2.8% increase in worldwide retail sales to €32bn in 2012. Spar now has retail operations in 34 countries and its global partnership encompasses 12,322 stores. Spar will have retail operations in 36 countries when the
Department stores are flourishing in China despite increasing competition from other formats and channels, according to new research from Mintel. Reflecting the increased wealth of Chinese consumers, and the increased disposable income this has brought with it, Mintel’s research reveals
Wal-Mart, the world’s largest retailer, and Gazeley, a leading global developer of logistics warehouses and distribution parks, have announced the commencement of phase two of the Gazeley Beichen Logistics Park development in Tianjin, China. The property is owned by Wal-Mart and is being
Spar has opened a flagship store in Chengdu in the province of Sichuan, China. It is the retailer’s 215th store in the country. Spar unites five independent regional retail chains into the Spar China Group in China. Together, the group
Advanced Supply Chain has announced plans to begin freight forwarding operations to and from a new warehouse in China. It is a move which could open up the country to British businesses eyeing expansion into the world’s fastest-growing economy, the
