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

Hello and good day!
Much of the world takes a break today. In the US, it’s Memorial Day weekend, in Europe, it’s a bank holiday and Monday after Pentecost and in much of Asia, it’s a public holiday for the Buddha’s birthday. The conscientious RetailUpdate-team, however, doesn’t have a day off and has diligently collected what has been going on in busier parts of the FMCG world.


asia & australia
Alibaba still fighting fakes   Sued by luxury brand Gucci and others for facilitating the counterfeit goods trade, Chinese e-commerce giant Alibaba has been quietly piloting a controversial scheme to try to curb fakes at their source. Analysts believe that the problem with fakes could weigh on Alibaba’s stock in the short term. ▪
Disney is popular in Shanghai   The world's largest Disney store opened in Shanghai last week and was forced to close just an hour later as keen Chinese shoppers queued for more than a mile to get inside. It is the first Disney store to open in China. ▪
Woolworths invests in security    The Australian supermarket operator has appointed its first ever chief information security office. The company first advertised this position in January this year. ▪
europe
Asda causes confusion   The British supermarket giant has been slammed for sowing confusion and 'dismay' among suppliers after sending out a letter that appeared to change payment terms for the worse. Asda also announced that it will be opening "UK's first intellingent Click and Collect pod" in Lancashire. ▪
Carrefour teams up with Philips   The world's largest maker of lights and France's biggest retailer have agreed to try out lights with built-in technology to beam pop-up coupons to shopper smart phones. ▪
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Top level appointments    British retailer Tesco announced that Jonathan Taylor will replace Gary Mills as retail director for the north of England and Northern Ireland +++ Whitbread, the company behind Costa Coffee, has named Alison Brittain to head the company. ▪
Amazon pays tax in Germany   Instead of funneling all sales through low-tax Luxembourg (paywall), the online giant has started paying tax on profits from its sales to customers in Germany and other European countries. ▪
 usa & canada
Pharma deal unter scrutiny   Retail pharmacy giant CVS Health said it will pay US$ 12.7 billion for Omnicare to tap into the growing market for prescription drug distribution and care for the elderly. The proposed acquisition is being investigated. ▪
Focus on animal welfare and sustainability   Walmart reveals comprehensive new policies around animal welfare and antibiotic use on farms. The retailer is urging its thousands of U.S. suppliers to act accordingly +++ Supermarket operator Stop & Shop steps up on sustainability by saving 40% to 45% in electricity consumption  ▪
Online collaborations   E-commerce platform Bigcommerce teams up with Braintree and PayPal to offer an end-to-end e-commerce solution which makes it easier to launch and grow an online store +++ Online marketplace LivingSocial has appointed Atul Kavthekar as CFO. ▪
industry insights
Breaking ideas from the baking sector    Insiders and decision makers from the international baking sector will meet at the international congress for the global baking industry on September 11, 2015, prior to iba, the trade fair for bakery, confectionery and snacks. ▪
Retailers to watch   A leading industry expert has identified Lidl, Mercadona, Biedronka, Carrefour and Jumbo as the five 'retailers to watch' over the coming years. Read also how Aldi and Lidl are coping with their huge store expansion in the UK and why Aldi's move to reach the 'middle class' in Australia could end in disaster. ▪

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