Printemps to grow internationally, online | Boxed joins with Lidl for delivery in N.Y., Ga. | Conad to acquire Auchan's stores in Italy
20 May 2019
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Global Industry Watch
Printemps to grow internationally, online
French department store Printemps will expand internationally with new stores in Doha, Qatar, and Milan set to open in 2021. The company will roll out its own branded luxury e-commerce platform in 2020 and buy Made in Design, an online home goods retailer.
Women's Wear Daily (subscription required) (16 May.) 
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Boxed joins with Lidl for delivery in N.Y., Ga.
Boxed joins with Lidl for delivery in N.Y., Ga.
Lidl has called on Boxed for delivery services in New York and Georgia as part of a test run. Boxed will license some of its technology to Lidl, while also giving Boxed customers in those states the opportunity to purchase produce and fresh meat.
Forbes (15 May.) 
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Retail in Europe
Conad to acquire Auchan's stores in Italy
Paris-based supermarket operator Auchan Retail will sell most of its Auchan Retail Italia division to Italian retail co-op Conad, for an undisclosed amount. Auchan operates approximately 1,600 stores in Italy, and last year it closed 23 underperforming locations.
Reuters (14 May.) 
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Retail in Asia
Alibaba sees revenue growth due to jump in users
Alibaba sees revenue growth due to jump in users
(Aaron Tam/Getty Images)
Alibaba reported fourth quarter revenue grew to $13.9 billion, a 51% year-over-year improvement. The e-tail company increased its mobile monthly users by 104 million over the past year, and annual active users climbed 18%.
TechCrunch (15 May.) 
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E-commerce Spotlight
Waitrose picks TDP to replace Ocado as e-commerce partner
UK supermarket chain Waitrose will use Today Development Partners as its grocery e-commerce partner after ending its relationship with Ocado. TDP was formed by former Google and Ocado executives, and Waitrose expects its online grocery business to become a $1.3 billion division by 2022. (U.K.) (16 May.) 
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Technology Solutions
How Etsy's move to Google Cloud gave sales a boost
How Etsy's move to Google Cloud gave sales a boost
(Paul Zimmerman/Getty Images)
Etsy has seen an improvement in search results on its website since it began moving its resources to Google Cloud in 2017, and it expects to complete the shift next year. Artificial intelligence and machine learning features have helped the artisan e-commerce site boost gross sales by $260 million over the past two years, Etsy's Chief Technology Officer Mike Fisher said.
The Wall Street Journal (tiered subscription model) (13 May.) 
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Spotlight on Mass Merchandise
How Wayfair grew into a Fortune 500 company
Niraj Shah and Steve Conine built Wayfair from a series of e-commerce platforms developed to sell specific items such as rugs, cuckoo clocks and baker's racks, growing along the way by focusing on infrastructure before worrying about the front end. Wayfair is the 12th biggest online retailer in the world, according to Digital Commerce 360, and made its debut on the Fortune 500 this year.
Fortune (16 May.) 
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NRF News
How Peapod navigates marketing and technology
With nearly 50 million deliveries, online grocery service Peapod has mastered the use of personalised marketing and data. Co-founder Thomas Parkinson and Chief Marketing Officer Carrie Bienkowski will talk about marketing technology, why it's critical and why it's hard to do well at the NRF NXT conference in Las Vegas in July. Register now.
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Doing nothing can sometimes be the most effective form of action.
Kevin Kwan,
author, in "Crazy Rich Asians"
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