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Retail Intelligence

Did You Know...? 6 April 2020

By Maev Martin
Did You Know...? 6 April 2020

Did you know...? E-commerce is set to account for half the growth in global retail by 2025, expanding by an additional $1.4 trillion between now and the mid part of the decade, according to Euromonitor International, reports esmmagazine.com.The findings were revealed in a webinarRetail in Transition: Capitalising on Future E-Commerce Opportunities, which examines how the e-commerce market has been 'transformed' due to the coronavirus crisis, areas for future tech investment, and an analysis of markets with an as-yet unmet e-commerce potential.

Did you know...? Lindt Ireland has announced that it has donated €40,000 worth of specially created limited edition Easter Gold Bunny Hunt Packs to raise funds for the Children’s Health Foundation. A number of Gold Bunny Hunt Packs were also given to frontline workers in Dublin’s Children’s Hospitals, who continue to work tirelessly through the challenges of the pandemic, the confectionery company said. Lindt Ireland said it hopes to raise as much as possible to help support the Children’s Health Foundation and has raised over €20,000 so far from this year’s initiative.

Did you know...? Italian supermarket chain Esselunga achieved sales of €8.37 billion in 2020, up 2.9% year-on-year, ahead of the market average of +2.2%. Excluding sales across its Atlantic bars and EsserBella perfumeries, which were partially closed due to COVID-19, growth was 3.6%, the group said. A strong contributor to this growth was e-commerce sales, which increased by 0.9% in the first half and by 4.8% in the second half of 2020, reports esmmagazine.com During the pandemic, Esselunga waived grocery delivery fees for all over-65s, while 40% of the total capacity of e-commerce sales was reserved for over-75s and people with disabilities.

Did you know...? Fruit and vegetable harvests are underway in western Europe with seasonal workers gathering crops in top producer Spain, but costs are rising as farmers fear a third wave of COVID-19 might cause a repeat of 2020's damaging disruptions in labour supply. Harvests rely heavily on workers from Africa and eastern Europe, but many couldn't travel a year ago as borders closed in the first wave of the pandemic. Shortages of key goods appeared in supermarkets while prices rose as consumers hoarded. Coronavirus cases are surging again in Europe, raising the risk of crop losses and adding to farmers' costs on everything from extra transport to keep workers socially distanced to buying protective gear for seasonal labourers.

© 2021 Checkout – your source for the latest Irish retail news. Article by Donna Ahern. Click sign up to subscribe to Checkout.

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