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Retail Update - powered by LebensmittelZeitung

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US dairy giant Dean Foods is interested in Kiwi company A2 Milk. In the UK, bookmaker Ladbroke considers a merge to survive in the digital age and over in the US, the Ahold Delhaize combo is in its final stages. Read about the collaboration developments, expansion hurdles and exciting digital discoveries.

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asia & australasia
Aldi fights back   The German discount powerhouse issued a statement denying "any and all" claims that it was not compliant with Australian taxation regulations. This comes after Coles group chief Richard Goyder demanded that Aldi should have its local financial accounts inspected. ▪
Kiwi milk company is takeover target   US dairy giant Dean Foods is interested in acquiring New Zealand's A2 Milk. Dean Foods is America's largest processor and direct-to-store distributor of fluid milk and worth US$ 1.6 billion. ▪
Alibaba rethinks strategies   The Chinese e-commerce king is having a hard time replicating its success in the US. The company is selling its US-based website 11 Main and has struck a deal with New York-based OpenSky. Founder Jack Ma is eyeing Russia’s online commerce and says it has promising prospects. Over in China, the group and its affiliate Ant Financial will invest nearly US$ 1 billion in a joint venture. ▪
Li & Fung to open stores in China  The Hong Kong-based global exporter has formed a joint venture with two Chinese department store operators, with the aim of setting up as many as 300 stores and developing its own private labels. ▪
 europe
John Lewis teams up with Vodafone   The British retailer is becoming something of an ‘everything’ store, having ventured into optometry last year, and now it has announced a partnership with Vodafone UK to sell mobile contracts through selected John Lewis stores. ▪
Merger plans in the gambling industry   Bookmaker Ladbrokes is in talks with the board of Gala Coral Group over a possible merger. A deal would create the UK's biggest bookmaker with nearly 4,000 High Street shops. The possible merger is seen as an adjustment to the digital age. ▪
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Waitrose controls competition   The upmarket grocer has selected IRI as its new partner for business insights, aiming to work more closely with its suppliers. IRI’s Retail Advantage market tracking solution is said to provide Waitrose with granular insights on its performance compared with other major supermarkets. ▪
usa & canada
Ahold and Delhaize merger near completion    The "final stages of negotiations" on a potential merger of the two supermarket giants in the US have been reached. The combo will create the fifth-biggest US supermarket retailer. ▪
General Mills axes artificials    The US food giant's announcement to remove artificial flavours and colours from its cereals is the latest from growing group of food retailers to respond to changing customer preferences. It is also part of a much bigger overhaul at General Mills. ▪
Changes at the top   Upmarket retailer Nordstrom has appointed Tanya Domier to the company's board of directors and has now five women on its board +++ Norman de Greve will join pharmacy retailer CVS Health as chief marketing officer +++ Fashion company Kate Spade is naming Emilia Fabricant as executive VP, president of North America. ▪
digital developments
Facebook and Twitter challenge retailers   The world’s biggest online social network, Facebook, surpasses Walmart on the top 10 list of the highest-valued companies +++ In an effort to become more of a commerce platform, Twitter is testing two new ways to make finding products easier. ▪
New apps for shoppers     PatPat is a new app that brings customers direct access to manufacturers of clothing, toys, electronics and home goods at a price that is up to 90% less than traditional retailers +++ The Shopular mobile shopping app is rolling out two platform upgrades targeting consumers with time- and location-sensitive deal alerts. ▪

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