Ecommerce & Business News 10 August 2020 - positive things that have happened this week in the world of ecommerce and digital

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Ecommerce & Business News

Good News Stories This week

What a week it's been - the V&A Museum re-opened, funding was announced for major new parks in England, BP announced it will increase investment in renewables and we've enjoyed exceptional weather.  

We've also seen stronger than ever results in ecommerce - great news given that retail stores have now opened and are settling into their 'new normal'.  It will be interesting to see how bricks & mortar can co-exist with the digital stampede happening right now.

As always, keep in touch!

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During lockdown, 2.7 million more households converted to online shopping.
(e.fundamentals)

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UK’s Lick Home raises £3 million to offer ecommerce shop for DIY interior design projects. 
(Tech EU)

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Hobbycraft reports 200% boom in online sales since start of pandemic. 
(The Guardian)

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Wolverine Worldwide Q2 sales drop but online revenues grow 96 percent. 
(Fashion United)

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Naked Wines expects 73% sales rise as wine proves popular in lockdown. 
(Retail Gazette)

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Kingfisher has accelerated its eCommerce plans since the onset of Covid-19, but stores will be at the centre of this digitised strategy.
(Essential Retail)

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Amazon plans on launching at least 30 physical stores across the UK.
(Independent)

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Amazon's merger with Deliveroo given final approval. 
(Essential Retail)

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Amazon starts preparations to launch in Sweden. 
(Fashion Network)

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Ecommerce grows at Joules while shop sales decline. 
(Internet Retailing)

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Moncler to bring its ecommerce channel in-house. 
(The Paypers)

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Montblanc links with YNAP for new 'seamless' mobile-first webstore. 
(Fashion Network)

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Yotpo, a SaaS-based ecommerce platform, has snared $75 million in Series funding, bringing its total financing to $176 million. 
(MeciaPost)

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Stories of food-sector continuity in the UK during the coronavirus pandemic have served up a remarkable running buffet of resilience.
(Raconteur)

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How mobile can bridge your customers’ physical and digital experiences during COVID-19.
(Digital Commerce 360)

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DoorDash launches a convenience store. 
(TechCrunch)

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Etsy profits skyrocket in Q2.
(Retail Dive)

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Segro profits surge due to coronavirus ‘accelerating adoption’ of ecommerce. 
(Retail Week)

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Pru Life raises digital marketing game amid pandemic.
(Buiness Inquirer)

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Is COVID-19 ecommerce’s tipping point?
(Eurobuild CEE)

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Sendle, the Small Business Shipping Carrier, Introduces Seamless Delivery Experience for Etsy Sellers. 
(Business Wire)