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

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After yesterday's accusations, Alibaba shows that it is taking counterfeiting seriously. Pimped-up QR codes are to do the trick. German discounter Aldi is venturing to Italy. In the US, three mergers have been announced with not one but two passing the billion-dollar mark.

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Asia & australia
Coles and Woolworths take their time   The two major Australian grocery chains are waiting to see if a voluntary code of conduct is ratified before signing up. +++ After only just over one year as Woolworths first ever chief marketing officer, the company confirmed the immediate exit of Tony Philips. ▪
Alibaba fights fakes   Following yesterday's allegations, the Chinese e-commerce giant reveals its roll-out of hard-to-copy QR codes in partnership with Israelian start-up Visualead. ▪
Aditya Birla partners with Zop Now   The Mumbai-based conglomerate has appointed online grocer Zop Now as the e-commerce based home delivery business for the group's 'More' hypermarkets. ▪
europe
Aldi ventures to Italy   For the first time since 2008, German discount food retailer Aldi plans to enter a new market and intends to follow rivals such as Lidl and Carrefour into Italy. ▪
Fierce competition for Magnit   Russia’s second-biggest retailer, X5 Retail Group has rebounded more than twice as much as market leader Magnit in 2015 and is expected to continue to outperform its larger competitor. Magnit, in turn, has just started recruiting for its new Krasnoyarsk hypermarket (paywall) in the Siberia region. ▪
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Polish online shoppers buy from China   Alibaba-owned online platforms are on the fast track in Poland according to findings by internet statistics agency Megapanel PBI/Gemius. ▪
usa
Office Depot aspires shareholders vote   The office supplier is requesting that its shareholders approve the proposed US$ 6.3 billion merger with Staples. The target company of the planned deal, Staples, has appointed NPD Group as its data services provider. ▪
Profit falls for Walmart and Urban Outfitters   With final figures to be revealed later in the day today, the world’s largest retailer by sales, Walmart, is expected to report a drop in profit. Last February, its US$ 1 billion plan to raise wages for half a million Walmart and Sam’s Club U.S. employees has disappointed investors +++ Despite a record high in sales, Urban Outfitters fell short of Wall Street expectations for net income, sales and same-store sales during the first quarter of fiscal 2015. ▪
Major mergers   Women's clothing retailer, Ascena Retail Group, which owns about 3,900 stores in the US and Canada, will acquire Ann Inc., the parent of fashion brands Ann Taylor, Loft and Lou & Grey, for US$ 2.16 billion +++ In yet another deal of Pharma company acquisitions, Endo International will spend about US$ 8.05 billion to acquire Par Pharmaceutical +++ A purchase price was not disclosed for the acquisition of one of the last remaining locally owned convenience store chains, Tedeschi, by giant 7-Eleven. ▪
beverage trends
Still trumps sparkling   As market research group Canadean reports, sales of plain bottled water are set to soar above carbonated drinks this year for the first time, making water the world’s best-selling soft drink. Asia remains a key engine of that growth. ▪
Awards for supermarket wines   At the International Wine Challenge (IWC), supermarket own-label wine has dominated the awards for best-value wines with 12 of the Great Value 15 awards going to supermarket wine. ▪

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