That decline is larger than the multichannel retailer’s overall 5.8% sales decline.
Online retail is hard, grocery retail is really hard, so online grocery is, of course, really, really hard.”
Sponsored by 2013 Social Media 300
China becomes a global online powerhouse
Online purchases by Chinese consumers in 2013 exceeded those of U.S. consumers. That makes China the world's biggest e-commerce market. The big story line: China's explosive e-commerce growth is spawning big Chinese companies that are not content to stay in China.
In this special report, Internet Retailer looks at three aspects of China ecommerce explosion. Part I examines the growth of the Chinese e-commerce market and its biggest players. Part II looks at how Western brands and retailers are entering China, the obstacles they're encountering and how they're responding. And Part III describes the steps Chinese e-commerce companies are taking to expand internationally.
Download the full report for FREE by filling out the form to the right.
Report sponsored by