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

The Chilean fruit industry has signed an agreement with Chinese online giant Alibaba. Over in the UK, the threshold for contactless payment has been increased, which might be good news for supermarkets. In America, fashion retailers create store concepts for the future and in Australia, department store operators think outside the box. Enjoy your Wednesday read.


asia & australia
Growing with dairy and fashion   Homewares retailer Harvey Norman has agreed to buy a 49.9% stake, worth A$ 34 million, in dairy company Coomboona +++ Department store operator Myer, which revealed its new strategy yesterday, has launched a partnership with UK fashion brand Topshop +++ Apparel store company Cotton On Group plans to open up to 40 stores across South Australia.  ▪
Teaming up with Alibaba   The Chilean government has signed an agreement with the online giant to promote Chilean products in China +++ Alibaba has also announced a partnership with Mondavi, owner Constellation Brands, to offer Californian wines through online store Tmall. ▪
Openings in Vietnam and Cambodia   Starbucks is set to enter Cambodia, with the opening of its first cafe in Phom Phen +++ Vietnamese retailer The Gioi Di Dong has the ambitious plan to open between 6000 and 8000 convenience stores by 2020. ▪
Aldi informs on screen   The German discounter has launched a new YouTube channel in a bid to grow its brand online and enhance its social media footprint. The new site is called ‘The Taste Kitchen’ and has videos uploaded on a weekly basis. Meanwhile, British value retailer Poundland trials e-commerce by offering 2,000 products online.  ▪
Luxury brand hires Apple exec   French giant LVMH has recruited former Apple music heavyweight Ian Rogers as chief digital officer. The luxury goods group says Rogers's task is to "reinforce the digital ecosystem". ▪
Contactless card limit rises   The contactless transaction threshold in Britain has been increased from GBP 20 to GBP 30. Supermarkets, clothes retailers, department stores and pharmacy chains are said to benefit the most from the increase. ▪
Tackling food waste  France’s major retailers, including Carrefour, Aldi and Lidl, have signed a voluntary contract to replace the food-waste law, but a British industry group has called it a distraction from the real issue.  ▪
 usa & canada
US giants and their food offers   While fast-food major McDonald’s plans to offer breakfast items all-day at its more than 14,300 U.S. restaurants, online behemoth Amazon is piloting a programme that delivers products from farmers markets to consumer tables, or at least their front doors. ▪
Dollar Tree remains optimistic   The discount retailer swung to a loss in its latest quarter, though sales jumped as the company integrates its recently-acquired rival Family Dollar. So far, Dollar Tree is pleased with the integration process. ▪
Innovative customer service   Convenience store operator  7-Eleven is offering a new omni-channel delivery service in cooperation with DoorDash +++ Speciality online retailer eBags is teaming up with Iterate Studio to jointly create a two-part innovation lab +++ Regional supermarket operator H-E-B has reached an agreement with grocery delivery service provider Instacart. ▪
developments to watch
High tech in stores   Teen fashion online retailer Nasty Gal uses cutting-edge LED technology in its recently opened two brick-and-mortar stores +++ Fashion label Rebecca Minkoff has brought its “Store of the Future” concept to Los Angeles. The new flagship features tech innovations, rotating art, music, and other installations ▪
Health and wellness offer could be better    Consumers of all generations, particularly Millennials, are embracing organic products and supermarkets are benefiting. According to an industry survey, retailers are meeting basic needs in this category, but could do better. ▪

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