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

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Walmart's David Cheesewright visited India recently and reviewed the company's operations there. Chinese smartphone maker Xiaomi is boosting its businees in the South Asian country. Read about their Indian expansion plans, Ikea's futuristic kitchen ideas, the latest news from Tesco and a lot more. Have a great start into the week.

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asia
Carrefour teams up with Tencent   French supermarket chain Carrefour is teaming up with Chinese Internet services company Tencent for online payments. The tie-up will allow shoppers to make their purchases using Tencent's online payment app at some Carrefour stores in China. ▪
Walmart CEO talks India   David Cheesewright, CEO International of the US retail giant, gave India a thumbs-up, saying it's an important and long-term market for the company. In an exclusive interview with the Times of India he talks about opportunities and challenges for Walmart in India. ▪
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Top retailers will meet at C-star
C-star is the official satellite event of EuroShop, the world's largest retail trade fair, and will take place on May 13-15 2015 in Shanghai. At C-star you will see the latest retail trends and developments geared to the needs of the Chinese market. With a comprehensive supporting program, C-star will be the perfect place to conduct business and expand your knowledge.
Come and join us at C-star!
Indian investor buys stake in Xiaomi   The Chinese smartphone maker is to become a big player in India. Days after unveiling its first phone customised to the country, Xiaomi announced that it has taken investment from leading Indian businessman Ratan Tata. Financial details of the unspecified stake  were not disclosed. ▪
europe
Ikea goes online and has futuristic ideas   The Swedish furniture giant has launched its online shopping service in Bulgaria (paywall). As part of Milan Design Week, which ended recently, the furniture retailer rolled out a prototype of a futuristic kitchen that might include drones. ▪
Sainsbury's works with Paragon   The British supermarket operator is increasing transportation productivity through enhanced accuracy. Sixteen Sainsbury’s depots are using an integrated transport management system from Paragon Software. ▪
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Tesco hires brand director   In an effort to turn round the battered image of Britain’s biggest retailer, Tesco has hired Michelle McEttrick as new brand director. CEO Dave Lewis, who has to prove that the giant chain is not a dinosaur in the grocery world, intends to streamline the business by shrinking the range of products by a third. ▪
usa
Staples expands print business   The office supply retailer is extending its copy and print business and has purchased Makr, an iOS app that enables people to design and print one-of-a-kind materials, and its parent company Happy, both based in New York. ▪
Announcements of the soft drink giants   After PepsiCo has reported better-than-expected results for its first quarter, the company said it’s dropping aspartame from Diet Pepsi in response to customer feedback +++ Rival Coca-Cola has announced new deals with its North American bottlers. ▪
The aftermath of the Apple Watch launch   Retailers such as Kohl’s have been wasting no time in releasing the app +++ Marsh Supermarkets is believed to be the first grocery retailer to launch an iBeacon-Apple Watch integration +++ Amazon introduced a new shopping app and Domino’s has launched its Live Pizza Tracker via the Apple Watch. ▪
south africa
Pioneer partners with Futurelife   One of the most significant players in South Africa's food and beverage industry, Pioneer Foods, has entered into a joint venture with Futurelife Health Products, which produces nutrient-dense functional food products. Pioneer makes cereals, baked goods and beverages. ▪
Clicks to open new stores   South Africa's leading pharmacy, health and beauty retailer, Clicks group, will add 15 new stores in the second half of 2015 and invest in information technology. The group, which runs over 440 stores, has increasee its revenue by 14.2% for the six months ended in February. ▪

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