Good News from Ecommerce & Business - 23 November 2020

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News

Ecommerce & Business News

Good News Stories This week...

Unlike Alan Rickman's Sheriff of Nottingham, Boris seems keen to avoid cancelling Christmas and we now have only just over a week to go before this current lockdown ends (he says optimistically)!

It is going to be fascinating to see how ecommerce is going to perform in the next few weeks starting from Black Friday later this week.

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West Yorkshire cargo electric bike company, Cargodale, set up during lockdown is seeing its trade soar.
(BBC)

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UK launch of Bookshop.org marks new chapter for independent bookshops.
(The Drum)

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Bookshop.org has accelerated UK plans and goes online in partnership with more than 130 shops.
(The Guardian)

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UK cycling craze triggered by pandemic boosts Halford profits.
(FT.com)

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Selling £15,000 of Christmas Trees online in a week, with Mark Rofe of ChristmasTrees.co.uk.
(Ecommerce Guide)

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Halfords sees popularity of e-scooters surge in lockdown.
(BBC)

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Online music retailer Gear4music has hit the right notes in the six months to 30 September, resulting in revenue growth.
(The Business Desk)

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AO.com back in the black as sales soar.
(Retail Week)

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UK ecommerce platform OnBuy reports ‘record breaking week’ of trading with 800 per cent sales increase.
(Toy News)

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Asda sales rise as Christmas spending is brought forward.
(Retail Week)

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L’Oréal’s ecommerce business has almost doubled during the pandemic as shoppers seek beauty products online.
(Marketing Week)

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Naked Wines half-year revenue up 80%.
(Retail Gazette)

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Kingfisher reported another big jump in sales in the third quarter as it benefited from the popularity of do-it-yourself (DIY).
(Reuters)

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Debenhams has announced the launch of a virtual beauty room to enable shoppers to receive in-store customer service from the comfort of their own home.
(Charged Retail)

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Online sales soar as golden quarter spending moves early and online.
(Retail Week)

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BGF – the UK-based growth capital investor – has invested £8 million into Midlands-headquartered UK Flooring Direct to support its ongoing growth ambitions.
(DIY Week)

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Smurfit Kappa raises €660m in share sale amid surge in ecommerce.
(Irish Times)

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Ralph Lauren teams with Snapchat for AR experience series
(Fashion United)

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Inside Amazon's new UK warehouse as the e-commerce giant gears up for a blow-out Christmas.
(The Telegraph)

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International Ecommerce News

Target Corp reported robust growth in both sales and profitability during its third quarter.
(Fashion United)

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Ted Baker Launches Virtual Shopping Option in U.S. Stores.
(WWD)

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Walmart's ecommerce sales jump 79% in fiscal Q3
(Digital Commerce 360)

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Lime touts a 2020 turnaround and 2021 profitability
(Tech Crunch)

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JD.com Third-Quarter Revenue Grows 30 Percent.
(WWD)

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Flipkart makes yet another acquisition – buys 100% stake in Augmented Reality startup Scapic.
(Business Insider)