Good News from Ecommerce & Business - 16 November 2020

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News

Ecommerce & Business News

Good News Stories This week...

Well...this week there is good news everywhere we look.  Vaccines seem to be sprouting up everywhere.  The hospital admission rate appears to be levelling off, and in parts of Spain they are even reporting a R0 of 0.78.  We are not sure if that means the government will reinstate Christmas but let's hope...

Meanwhile, in the world of business, we still see a determined and well-funded push to instigate, optimise and grow further on-line channels - and that requires people.

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UK-based ecommerce firm Heroes exits stealth mode; raises €55.2M in equity & debt financing.
(Silicon Canals)

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UK discounter B&M thrives in pandemic as earnings double.
(Reuters)

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Majestic Wine opens 200th store.
(Retail Gazette)

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Giggling Squid: forging a successful pathway through Covid-19.
(MBS)
 

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Boden grows revenues 5.1% by improving digital experience for online shoppers.
(Internet Retailing)

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Lockdown boosts OnBuy’s sales by over 800%.
(Business Cloud)

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L’Oréal Paris launches its first virtual makeup – “only wearable online”.
(Charged Retail)

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M&S takes digital focus with ‘It’s On’ Christmas campaign.
(Marketing Week)

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Asos Marketplace to remove commission rates until end of 2020
(Fashion United)

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Fintechs Continue to Grow in Portugal Despite the Pandemic.
(Fintech Times)

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Edinburgh's Christmas market to be held virtually.
(BBC)

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Aldi extends click and collect to 200 more shops.
(BBC)

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Molson Coors moves into DTC with new e-commerce platform.
(The Grocer)

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WatchShop partners with Debenhams to broaden and deepen the department store’s ecommerce watch offer.
(WatchPro.com)

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Ecommerce could account for 6.4% of total grocery sales by 2021.
(Abasto, Spain)

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Chipotle Mexican Grill to open its first digital-only location as online sales soar.
(USA Today)

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Ecommerce sales increase 20% at Office Depot
(Digital Commerce)

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Asics EMEA hails key market growth despite overall sales drop - the region’s e-commerce revenue in the year to date is up 134.4%.
(Fashion Network)

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Visa Finds Singapore SMEs Should Go Digital for Holiday Shopping Opportunities.
(Fintech Times)

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Ferrari Orders Bounce All the Way Back to Pre-Pandemic Level.
(Bloomberg)