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

Hello and good day!
McDonald’s wants to simplify, but also add a bunch of choices for customers in order to avoid growing stale. Check out the food service giant's revival recipe.  Read also about mergers in India, new flagship stores in China, the intriguing discovery an Aldi employee made in Berlin and a lot more.

ADVERTISEMENT
 

 


asia
Future Group merges with Bharti   Future Retail, the flapship of Future Group, has announced that its operations will be merged with Bharti Retail. The merge will create one of India's biggest chains and a pan-India network (paywall) to support retail businesses. ▪
Aditya Birla consolidates   In a major consolidation exercise, the Mumbai-based multinational merged its apparel businesses into an entity named Aditya Birla Fashion and Retail. The new entity will have a retail network of 1,869 exclusive stores. ▪
ADVERTISEMENT
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!
Zespri and Hilfiger open Chinese flagships   New Zealand kiwifruit marketer Zespri has opened a flagship store in eastern China, the first of its kind worldwide +++ US fashion icon Tommy Hilfiger is marking its 30th anniversary by opening its largest store yet in Beijing.  ▪
europe
Chocolate deal in Slovenia   Croatian food group Podravka has reached a EUR 33.03 million deal to acquire a 51.55% stake in Zito, Slovenia's top domestic chocolate manufacturer. The retail value of the Slovenian chocolate market is expected to reach US$ 152.2 million this year. ▪
Sainsbury's profit to shrink   The retailer is set to reveal a 17% slump in its full-year profits today, while it gears up for an international battle against an Egyptian jail sentence imposed on its boss. It will be its first fall in annual profits for a decade as competition from discounters takes a massive toll on Britain’s third largest supermarket. ▪
ADVERTISEMENT
 
Aldi at the centre of a drug bust   Berlin police on Monday found more than 300 kilograms of cocaine inside banana boxes at discount chain Aldi in what authorities say is the largest-ever seizure of the drug in the German capital. ▪
usa & canada
McDonald’s reveals revival recipe   The American fast food icon has announced it will cut costs, reorganise business divisions and resuscitate its image. The company is attempting to become more agile and efficient. McDonald’s workers in the US plan “the biggest-ever protest” demanding an end to “poverty wages”. ▪
Store expansions in Texas   Discount supermarket company Winco Foods will open its 100th store in Lewisville, Texas  +++ Hibbett Sports’ expansion plan hit a milestone with the opening of its 1,000th store location in Sealey, Texas this month. ▪
Changes at top level   Produce consultancy FreshXperts reported changes to its board of directors.  Tim Vaux, a partner with the company since 2008, has been named vice chairman +++ The recently announced management changes at Walmart might indicate important new directions for the US retailer. ▪
surprising discoveries
Better distribution structure required   Logistics in India is far from being able to keep pace with the rapid strides of e-commerce giants and online firms that arrange delivery of goods from neighbourhood merchants.  ▪
Chinese cities are buzzing   Half of the top-20 most active shopping centres globally are found in China, according to a CBRE report. Wuhan in central Hubei Province  saw the largest volume of shopping centre space, with nearly one million square meters spanning 8 projects. ▪

If this newsletter was forwarded to you, subscribe here!
For questions or comments please contact us here

To advertise in Retail Update click here

RetailUpdate is a product delivered to you by lebensmittelzeitung.net

ImprintArchive