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Retail Update - powered by LebensmittelZeitung

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European dairy farmers are facing the end of three decades of milk quotas today with a mixture of anticipation and angst. It will allow them to serve growing demand in emerging markets such as China, but could also cause a crash in prices. Read about this game changer, start-up incubators, digital labs and a lot more.

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asia & australia
Coke Life launches down under    In an effort to turn its fortunes around in Australia by targeting health conscious consumers, the soft drink giant will launch Coca Cola Life with 35 % less sugar next month. However, health campaigners said the reduction made little difference. ▪
Alibaba opens incubator in India   Together with Bengaluru-based mobile and analytics solutions company Globals, the Chinese e-commerce giant will establish a start-up incubator that will focus on mobile commerce. Mobile payment is flourishing in China, not only in online shopping. ▪
Snapdeal ventures into financial services   The Indian e-tailer has acquired a majority stake in online financial services start-up Rupeepower. It will enable the New Delhi-based e-commerce company to foray into the domestic financial services market. ▪
europe
Rewe and Carrefour post healthy results   At its annual press conference in Cologne, Germany's second-biggest supermarket group Rewe announced an increase in group sales by a 2.4% to EUR 51.11 billion +++ French supermarket multi Carrefour’s total revenue in 2014 amounted to €EUR 84 billion, an increase of 3.9%. The company is poised to launch a network of new stores in Africa next year.  ▪
Coop Denmark signs Asian logistic partnership   Damco, one of the world’s leading third party logistics providers, and Danish retailer Coop have signed a partnership agreement appointing Damco as Coop's sole logistics partner for inbound shipments from Asia. ▪
Digital labs and signage displays    Sainsbury’s is creating 480 specialist digital jobs with its new digital lab, which is under construction at the moment +++ Confectionary giant Mondelēz is deploying digital signage displays that resemble a store assistant to promote its new sweet treats in Carrefour, Cora and Makro stores across Belgium. ▪
Heineken slims down top team  The Dutch company has shaken up its management team in an effort to pep up its sales performance. Three top executives, including chief marketing officer Alexis Nasard, will leave. ▪
 usa & canada
P&G sells Vicks Vaposteam   Procter & Gamble Co., which has been selling brands to focus on its largest, most profitable operations, has sold its Vicks Vaposteam U.S. liquid inhalant business to consumer-products company Helen of Troy Ltd. ▪
Amazon trials Indian delivery model at home   Easy Ship, a pick-up and delivery model that the world's largest online retailer employs in India, will be tried in the company's home market, the US, as well in the UK and China. In the US, Amazon is addressing the need for technology education with the launch of a new online store. ▪
Walmart Canada cuts free online shipping   The big box retailer is implementing a US$ 50 minimum order for free standard online shipping. The move signals that competitive pressures are easing after Target has left the country. ▪
developments to watch
Europe ends milk quotas    The EU dairy quota regime comes to an end today, moving the industry to a market orientated system for the first time in 30 years. "We're happy the quotas are being scrapped," said Karl-Heinz Engel, president of MIV, the German dairy industry association. The Irish Dairy Board has rebranded as Ornua to herald the start of a new era for Irish dairying.  ▪
Australians call for grocery regulation   More than half of consumers believe the Australian grocery market lacks healthy competition, with 72% believing the sector is too dominated by Coles and Woolworths according to a new study. ▪

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