Ecommerce News Roundup 3 September 2020 | Hannington Tame
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The Ecommerce News Roundup – 3 September 2020

It’s been quite a week for news!

Moody’s reported that over the next five years, ecommerce is expected to account for over 1/4 of all retail sales. Waitrose announced it would sell 30 products through the Royal Mail online shop on China’s Tmall. The UK Department for International Trade (DIT) launched its ‘Tech for Growth’ Programme to support future trading opportunities between the UK and emerging economies and the first physical Amazon Fresh grocery store opened in LA.

We’re worn out just thinking about all that ecommerce potential!

As always, keep in touch!

Dunelm performance ahead of expectation as post-lockdown sales soar.
(Retail Week)

Screwfix to open 40 new stores by the new year.
(Retail Week)

How Bread Source, a Norwich bakery, turned its fortunes around by going digital.
(The Guardian)

Online homewares retailer Cox & Cox grew its sales by 59% in Q2 as it acquired and retained more customers.
(The Retail Bulletin)

Mending The Gap: A new CEO/CFO team appears to be getting results. 

Marks & Spencer trials new drive through ‘click and collect’ service.
(Fashion United)

UK based Pura looks to clean up with online environmentally friendly baby wipes subscription service.
(Essential Retail)

How Adidas’ push into dynamic digital creative helped e-commerce grow 93%.
(The Drum)

The RealReal’s has highlighted a shift towards high-value purchases as well as the rise in popularity of stealth luxury and luxury streetwear.
(Fashion Network)

Retailer AO to create 650 new jobs due to ‘sustained’ surge in online shopping.
(City AM)

Best Buy posts a 242% spike in online sales behind ‘products that help people work, learn, connect, and cook at home’.
(Business Insider)

China: How can Waitrose profit where ASOS couldn’t?
(Business Insider)

UK ecommerce software PureClarity is SaaS solution of the year.
(Ecommerce News)

‘Tech for Growth’ designed to increase financial services access.

How 2020 has seen years of change take place in brand retail in just months.
(Internet Retailing)

‘Three quarters of UK does grocery shopping online’.

Why Hibbett Sports’ 212% Digital Growth Is Just the Beginning.
(Sourcing Journal)

Affin Bank on rising e-commerce trend for newly-launched dual credit cards.
(The Edge Markets)

Home improvement stocks will continue to move higher amid COVID-19.

Ecommerce sales boom thanks to curbside and BOPIS at Ulta. Plus, blossoms to record growth in its fiscal Q4.

Kohl’s Looks Poised on Solid Online Sales & Partnerships.
(Yahoo Finance)

Amazon speeds ahead of e-commerce competitors in Q2 2020 with a 41.8% QoQ rise.
(Internet Retailing)

James Minter

James Minter is a partner at Hannington Tame, the digital CEO and C-Suite headhunting specialist.


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