Supermarkets’ super struggle to make money from home delivery boom
Covid-19 has led to an ecommerce surge in grocery sales. But grocers are struggling to make any money from online home deliveries. For many years, retailers have been daunted by the capital spending and technical challenges of offering online food shopping at scale. But help could be at hand in the form of new technologies, combined with agreements between retailers and food delivery apps.
Over the past 12 months Covid-19 has curtailed countless business activities, but not money laundering. The UN estimates some $1.6tn is laundered every year, and authorities say lockdown measures have presented criminals with even greater opportunities...
A number of governments, central banks and even some economists now advocate a switch to all-digital currencies. With the rapid rise of mobile payments, the long-term survival of cash seems precarious.
If the US put tariffs on Chinese goods, the impact would be felt way beyond the borders of both countries. China is the world’s biggest exporter, but it’s also the second biggest importer, with many of those imports coming from other Asian countries.
FT Channels, a partnership destination that combines impactful and enriching multimedia content to spark curiosity and encourage discovery. Each vertical brings expert insights from the Financial Times and our Partners into the most pressing issues of our time.
FT Transact turns a spotlight on the future of capital, exploring what’s driving transactional transformation - from trends in ecommerce, fintech and ESG investing, to the corporate innovators working to build the future of finance. This multimedia series alternates between independent reporting from FT journalists and expert commentary from UBS