Hello and good day!
On its new business platform, Amazon plans to offer 'hard-to-find'-items such as traffic signs, industrial deep fryers, 55-gallon steel drums and dent pullers. Sounds promising, doesn't it? So does Tesco's commitment to Thailand and Ikea's plan to expand in Britain despite a profit drop. Enjoy the read.
Asia & Australia
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!
Tesco Lotus continues in Thailand The British retailer remains committed to its Thai business and will continue to invest in expanding its retail and online channels. Tesco Lotus has so far invested over US$ 30.6 million under its Roll Back price campaign and another US$ 18.37 million to help slash the price of fresh food.
Profit drop for Ikea in Britain Pre-tax profits for the Swedish furniture chain's UK operations dipped to GBP 41.8 million from GBP 46.7 million a year before. Ikea operates 18 stores in the UK and is planning to open more.
Database for fruit producers Members of the European Fresh Produce Association (Freshfel) will have a new tool for analysing markets and forming strategies, with the launch of a new database that gathers fruit and vegetable statistics from the European Union.
Petco partners with Instacart After a successful pilot in Boston and San Francisco, delivery start up Insstacart has added pet supply retailer Petco to its growing retailer list. Petco marks the first major non-grocery partner for Instacart, which offers one-hour and two-hour delivery to its customers.
J.C. Penney announces marketing boss The US retailer has named Mary Beth West as executive VP and chief customer and marketing officer, effective June 1. She replaces Debra Berman.
Celesio leaves Brazil In an unexpected move, German drugs distributor Celesio has announced plans to sell off its operations in Brazil, saying it will instead “increase its focus on European markets and customers”.
Marley expands in Chile Premium coffee company Marley Coffee announced its expansion into two popular foodservice chains in Chile, Castaño, one of the country’s largest coffee chains, and Subway sandwich stores as well as several grocery chains.