Hello and good day!
We hope that most of you will have had the opportunity to enjoy a long Easter weekend. Find out what has happened around the world in the meantime, especially in the scope of mobile payments - China's Alipay and Xiaomi develop a wearable technology and ApplePay users often encounter hurdles at the checkout.
asia & New zealand
John Lewis to enter Philippine market The British group John Lewis Partnership plans to expand internationally by opening outlets in 11 branches of department stores in the Philippines.
Fonterra to increase payout As lower global milk supply drives up prices, the New Zealand dairy co-operative is expected to increase its forecast payout to dairy farmers next season by enough to make production profitable for most farmers.
Lidl to establish corporate offices in US The discounter's market entry to the US is being further prepared with the acquisition of a condominium interest in Arlington, D.C. for US$ 56.6 million.
Rising numbers for M&S and Booker British retailer Marks and Spencer reported the first rise in like-for-like sales of general merchandise in more than four years. Here is what analysts say. +++ UK food wholesale operator Booker has noted like-for-like sales rising by 1.7% (paywall) in Q4. The majority of its sales continue to come through its cash & carry arm.
EMV rollout asked to be delayed The Food Marketing Institute (FMI) has written to major credit card companies asking to delay the October 2015 mandate for U.S. retailers to comply with the Europay, Mastercard Visa (EMV) chip-based payment card standard and move the deadline into 2016.
Walmart aims to become local urban grocer Seeking a stronghold in densely-populated cities, the retailer is increasingly investing in smaller-format stores in urban areas, looking to appeal to customers who shop for fewer items more frequently.
mobile payment surveys