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

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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.

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asia & australia
Online sales on the rise in China   The number of online shoppers rose 19.1% to 417 million in China and sales hit US$ 251 billion. Meanwhile, Xiaomi, the country's leading smartphone maker, plans to ramp up sales in India through its own e-commerce site. ▪
Expansion plans in Indonesia   As part of it US$ 300 million expansion plan, Abu Dhabi-based Lulu Group plans to open its first hypermarket and a warehousing facility in Jakarta as well as 15 more markets over the next two years +++ Jakarta-based online grocery start-up Happy Fresh has raised US$ 12 million for expansion. ▪
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Developments Down Under   Fashion retailer Cotton On Group, which hired a Coles exec to run its e-commerce expansion, plans to open 135 stores over the next 100 days in 13 countries +++ Aldi’s private label brands are dominating customer satisfaction in the laundry, according to consumer research company Canstar Blue. ▪
europe
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. ▪
Kingfisher focuses on Screwfix   The British home-retail giant reported a disappointing 1.8% fall in first-half profits and announced it will open 200 Screwfix outlets and close 60 B&Q stores to reflect changing DIY habits. ▪
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
Improving delivery options   On the same day Target has teamed up with Instacart, the online grocery delivery service, Walmart plans to expand its existing grocery pickup service and and Walgreens has just announced an official partnership with on-demand startup Postmates to offer same-day delivery. ▪
Macy's accepts Paypal   The department store operator has signed a deal with the payment provider that will allow its customers to use Paypal across all its channels +++ Paypal has also quietly begun partnering with online gambling sites. ▪
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. ▪
Online customer loyalty   42% of parents have begun holiday shopping with online giant Amazon as their top destination, according to a new survey. Meanwhile, e-commerce newbie Jet.com is surpassing other retailers on gross merchandise value and doing a good job of building customer loyalty ▪
 africa
Kellogg's invests in Nigeria   The world's largest cereals maker has agreed to buy a 50 % stake in Nigerian food distributor Multipro for US$ 450 million and is also setting up a joint venture with the African arm of Singapore's Tolaram Group to bolster its breakfast and snack food offerings in West Africa. ▪
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. ▪

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