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

Hello and good day!
German Retail Blog had the unique opportunity to speak to representatives of two industry market leaders: Peter Boone, Chief Innovation & Quality officer at chocolate manufacturer Barry Callebaut, and Paolo Barilla, vice-chairman of pasta maker Barilla. Don't miss the exclusive interviews with these insiders. Enjoy the read.

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asia & australia
Chinese appetite for dairy from Down Under   Richard Liu, founder of JD.com, China's second largest online retailer, has spent about AU$ 20 million on a stake in Australia's biggest milk processor Murray Goulburn. A couple of weeks ago, Liu expressed interest to buy a stake in A2 milk company. ▪
Lotte unveils results    The South Korean hypermarket company, which reportedly wants to broaden its operation in Indonesia,  is expected to report US$ 53.3 billion in sales for 2014 when it unveils consolidated financial results for the first time. ▪
Beer battle in Myanmar   After Danish rival Carlsberg opened a US$ 75 million brewery in Myanmar in May, Dutch brewery Heineken will inaugurate a US$ 60 million facility later this month. Both brewers are seeking to exploit one of the world’s most promising markets (paywall).  ▪
Supergroup moves to China  The British fashion retailer, which just reported a sales increase of 12,9% to GBP 486.6 million, has signed a joint venture deal with Trendy International Group to take its products into China. ▪
 europe
Barilla considers acquisitions carefully   Unlike its competitors, Europe's market leader of pasta and sauces considers rather 'local fill-ins than a really big move' when it comes to acquisitions. Barilla's vice president, Paolo Barilla, speakes exclusively about the companiys growth plans to German Retail Blog. ▪
Challenges for Barry Callebaut   The Zurich-based chocolate manufacturer, which just added a laboratory for researching new products in Chicago, has a reputation for its innovative spirit. The company's Chief Innovation & Quality Officer, Peter Boone, talks to German Retail Blog about the strong global network of R&D facilities.   ▪
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Bargain Booze in takeover talks   Conviviality Retail, which runs convenience stores under the Bargain Booze banner, has confirmed plans to acquire UK's biggest drinks supplier, Matthew Clark. ▪
Primark to debut in Milan  The British clothing retailer plans to open three stores in Italy. The company already has stores in Germany, the UK, France and Spain. It also wants to open a store in the US in September. ▪
 usa & canada
Walgreens gets started   Global pharmacy and health giant Walgreens Boots Alliance  posted a revenue of US 28.8 billion for the third quarter. The company has named Stefano Pessina as permanent CEO and announced that it has acquired Liz Earle Beauty, owner of the Liz Earle skincare brand, for  GBP 140 million in an all-cash transaction. ▪
Concepts to consider   Target has opened an experimental space that provides a personal look at how the ‘Internet of Things’ can connect everyday items +++ Trader Joe’s will anchor a new development in Williamsburg, one of the most popular retail spots in New York +++ Dick’s Sporting Goods is launching a combination store format in Mobile, Alabama. ▪
Coty buys P&G brands   Consumer products giant Procter & Gamble has agreed to sell its portfolio of 43 beauty brands to the beauty products maker Coty for US$ 12.5 billion. The deal is part of P&G.s efforts to shed more than 100 brands and focus on about 10 core product lines. ▪
Digital Developments
More online payment options   On Thursday, American Express launched Amex Express Checkout, an alternative online payment method that its US card members can use to check out and pay on partnering websites and apps. ▪
Why online retailers kill websites   When online retailers such as Flipkart and Myntra shut down websites and go app-only, they point to the ubiquitousness of mobile phones to explain their strategy. This might make sense, but why eliminate the website altogether? The probable answer lies in the cookie.  ▪

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