E Commerce

Spain’s Vegalsa-Eroski Sees 12% Turnover Growth In 2022

Regional Spanish food distribution retailer Vegalsa-Eroski reported 12.1% year-on-year growth in revenue to €1.36 billion in its financial year 2022.

Moody's Downgrades Ocado Group, Citing 'Prolonged Underperformance'

Moody's Investors Service has downgraded online grocery operator Ocado Group from a B2 to a B3 rating, reflecting what it said was the 'prolonged operating...

Corrugated Packaging Set To Be A Foundation Of E-Commerce Sustainability

Corrugated packaging continues to gain importance in the current e-commerce era. Various research efforts have highlighted the significance of e-commerce a...

Ocado Retail Q4 Results – What The Analysts Said

Ocado Retail, a joint venture between Ocado Group and Marks & Spencer, this week reported a 3.9% decline in fourth quarter revenue, however revenues we...

Moody's Updates Outlook On European Retail Industry To 'Positive'

Moody's has updated its outlook on the European retail industry to 'positive' from 'stable', as operating conditions for retailers affected by the pandemic...

Cdiscount Launches Strategy To Accelerate European E-Commerce

Casino's Cdiscount is announcing a new phase in its development with the launch of a B2B programme to enable retailers to develop their e-commerce activity...

Alibaba Boasts $56bn Sales As Post-Virus Singles' Day Gets Into Full Swing

China's Alibaba said orders on its e-commerce platforms during the Singles' Day shopping extravaganza had exceeded $56 billion (€47.6 billio...

Alibaba's Jack Ma Sells $8.2bn Worth Shares, Stake Dips To 4.8%

Alibaba Group Holding Ltd co-founder Jack Ma has cut his stake in the company over the past year to 4.8% from 6.2%, cashing out around $8.2 billion at...