Retail Update - powered by LebensmittelZeitung
Retail Update - powered by LebensmittelZeitung

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American global players are keeping their competitors at bay in Asia. India is Apple's fastest growing market and Walmart is top retailer in China. US giant Fedex is aiming for a greater reach in Europe with another billion-dollar deal. Read about these activities, locally grown fruit trees, marathon stores and a lot more in today's issue.

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asia 
Nestlé announces new Manila chairman   Suresh Narayanan is the new chairman and CEO of Nestlé Philippines. He previously had the same role at Nestlé Egypt and was Head of the Nestlé Business for the North East African Region. ▪
Xiaomi to dump Flipkart   It looks like Chinese smartphone maker Xiaomi may be on the lookout for a new e-commerce partner in India, replacing Flipkart as its exclusive retailer. To move away from online only sales, Xiaomi has  decided to sell devices through a leading electronics retail chain in India. ▪
US giants keep competition at bay in Asia   Walmart remains the best retail partner in China for consumer goods companies according to a new study +++ India is one of the fastest growing markets for Apple. The company is said to have reached US$ 1 billion in revenue in the country +++ Razor maker Gillette sees double digit growth in China, driven by the launch of premium products in the coming years.  ▪
 europe
Fedex aquires TNT    The US delivery service agreed to pay US$ 4.8 billion for Dutch logistics company TNT Express, stepping up the challenge to rivals United Parcel Service (UPS) and Deutsche Post in Europe. Analysts see this deal as the beginning of a big trend. ▪
Supporting local produces   Supermarket chain Spar Austria wants more regionally grown products on the shelves and commissioned 6,200 apricot trees in Austria. The goal is to prevent the import of 800 tonnes of stone fruit from Spain and Italy +++ Over in the UK, the government is backing British farming. ▪
New board members for Delhaize   Belgian retail giant Delhaize Group has announced the nominations of Dominique Leroy and Patrick De Maeseniere as independent members of the Board of Directors. In Serbia, the group is going to expand its private label brands. ▪
usa & canada
Uniqlo expands in US   Japanese retail giant Uniqlo continues its US expansion with plans to open stores in the Seattle, Denver and Washington, D.C., metro areas for the first time. ▪
Adidas and Nordstrom plan new stores   A new store, dubbed Boston Marathon Run Base and operated by athletic footwear giant Adidas and the Boston Athletic Association, will open this month to sell premium Adidas footwear +++ Fashion retailer Nordstrom is to launch two new Nordstrom Rack stores in Pittsburgh and Novi, Michigan. ▪
Management changes at Chiquita and Kroger   The leadership transition at Chiquita Brands International under new ownership continues with the announcement that  two more executives will be leaving the company +++ Retail company Kroger announced that Marlene Stewart has been promoted to president of the company's Dillons division. ▪
interesting finds
Smartphone charged in 60 seconds   Stanford scientists have invented an aluminium battery so powerful it could revolutionise the industry. The flexible, high-performance rechargeable battery can go from flat to full in a fraction of the time it currently takes. ▪
Ready for wearable devices   According to new research from Accent Marketing, half of more than 1,000 consumers surveyed said they would buy wearable tech so brands can send alerts and have more insight into their lifestyle. ▪

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