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Freshly Squeezed: 27.08.19

Reading Time: 2 mins
By Published On: August 27, 20190 Comments

City Chic reports 25 per cent lift in sales and AliExpress opens its first physical store in Europe. Get a healthy dose of news as we uncover the day’s top stories in e-commerce.

AliExpress Opens First Physical Store in Spain

The Chinese online retail giant, AliExpress, has opened its first physical store in Spain. The European brick-and-mortar presence is the first of its kind and is currently open in Madrid Xanadú. The store operates as a showroom, reports say, allowing shoppers to see, feel and try goods. However, if they wish to make a purchase of the item, they still have to go online in order to claim it. Spain is one of AliExpress’ largest markets, and is the fourth largest market by volume; the first three include China, the U.S. and Russia.  “Spain is an important country for the group, where the largest number of customers in both volume and value is now concentrated,” said Rubén Bautista, Operations Director in Spain and Portugal. “For the Alibaba Group, it was a strategic choice to bet on Spain, because it’s the gateway to Europe.”

City Chic’s Online Sales Soar 25 Per Cent

Australian plus-size retailer, City Chic, has announced a 25 per cent increase in its revenue, fueled by a surge of online sales. Moreover, the brand has opened more brick-and-mortar stores across the country, which has spurred even further growth. The CEO of City Chic, Phil Ryan, has plans to open another 20 stores in the next two years.  Its underlying earnings went from $19.9 in the last financial year, compared to $24.9 in the year ending June 30th. “We already have two open in July and August of this year and have a solid pipeline for the rest of the calendar year, he explained. In a statement to the ASX, he noted that the “earnings (before interest, tax and depreciation) margin increased as our business continues to shift towards online, our most profitable channel which is now 44 per cent of global sales.”

DoorDash is Coming to Australia

Another food delivery service is coming to Australia. DoorDash, the American platform has posted job opportunities in Melbourne, as well as a few facebook groups recruiting drivers. The service, much like Uber Eats, MenuLog and Deliveroo, offers meals from restaurants that are delivered to customer’s doors. There have been no confirmations of the service coming to Australia.

David Jones’ Announce Partnership with BP

David Jones has announced a partnership with BP, providing ‘fancy food’ from the department store to service stations across Sydney and Melbourne. The food includes 390 premium products that will be pushed to further ‘diversify the retailer’s offerings’. Some of the food includes 350g chicken tikka masala with rice, fresh sandwiches and other ready-to-eat meals. The prices will be a little bit higher than regular grab-and-go offerings, with the sandwich sitting at $6.50, compared to 7-Eleven’s $5 option. “You’ve got to position a convenience offering that’s the best quality, the most convenient, and the healthiest, and it’s got to be accessible,” explained David Jones’ Food Managing Director, Pieter de Wet. “We’ve done a lot of work before launch to make sure pricing is more competitive, and at the right entry point for customers. We don’t want to alienate BP’s existing customer base.”

Catch up on yesterday’s Freshly Squeezed news here.

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