China's online sales continue to grow, and in the US, retailers are told that a rising number of consumers will do some holiday shopping online. This might have triggered the likes of Target and Walmart to fine tune payment and delivery options. In Europe, Rewe Group is set to assume a leading role in the travel market. These stories and more are in today's issue.
asia & australia
Register now for etailment 2015 â The Business Event for Retail
International trade experts from Alibaba, Zalando, mytheresa.com, OTTO Group Russia, GALERIA Kaufhof, notebooksbilliger.de, redcoon, ROSE Bikes etc. will share their knowledge of strategies and new markets. One of the highlights is the e-Stars 2015 Award Ceremony. Find out more at etailment 2015 on 11th and 12th November 2015 in Frankfurt/Germany and re-invent retail.
Rewe creates travel network After having completed its acquisition of the European tour operating business of the Swiss Kuoni group, the German retail giant is set to play a leading role in the European travel market. Over in Austria, Rewe subsidiary Merkur has partnered (paywall) with software developer Bluesource to pilot beacons in two outlets.
Ocado enjoys strong growth The British online supermarket expects to continue growing slightly ahead of the online grocery market and remains confident of signing its first technology deal with an overseas retailer this year, being in talks with "multiple partners". Meanwhile, UK online sales growth in August was at its weakest in 15 years (paywall), according to online retail association IMRG.
usa & canada
Hewlett Packard restructures The California-based software giant is expected to cut 25,000 to 30,000 jobs. The move is part of an effort to split the company into two units – one focused on its computer and printer business and the other on hardware and service operations.
Truworths eyes overseas expansion The South African fashion retailer is reportedly in talks to buy the UK’s Office Retail Group. If successful it would be Truworths’s first foray into the European market, though it has 23 franchise stores in the rest of Africa and the Middle East.