Covid 19

The Scurri eCommerce weekly top 3

Each week we gather the top three eCommerce news items of the week. Here’s what stood out for us this week!

Zalando is anticipating double-digit growth in 2020 despite the challenging trading environment due to the ongoing coronavirus outbreak.

The retailer aims to grow its gross merchandise volume by 10-20 per cent and its revenue in the same range. The retailer stated that its growth will be driven by the accelerated consumer shift from offline to online. Read the full article here.

Ocado has seen its retail revenues grow 40.4 per cent in its second quarter as the coronavirus pandemic sees it deliver “significantly more groceries to households than ever before”.

The online grocer has seen “unprecedented demand” for its deliveries during the last three months, seeing revenues nearly quadruple from its first quarter. Read the full article here.

Prime Minister Boris Johnson said non-essential retailers could reopen from 1 June if continued social distancing measures ensure infection rates remain low.

Online retail has been a lifeline for brands who were forced to shutter, but a number of fashion retailers initially closed down their online operations, as well as their stores, as they grappled with the safety of staff in fulfilment centres. Most have since reopened their online operations, but the fashion sector in particular has been hit hard by Covid-19, with a 23.1% year-on-year decline in online sales for the month of March, according to IMRG. Read the full article here.

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