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

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One of the largest deals of all time is taking shape in the beverage industry. Brewing giant AB-InBev intends to take over SABMiller. The deal is said to be worth US$ 100 billion and would create a new beer behemoth. Meanwhile, the Americans are getting ready for the holiday season, and big names such Lidl and P&G support good causes. 

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asia & australia
Tencent targets Alibaba   The Chinese internet giant plans to invest US$ 1.57 billion in its cloud-computing business over the next five years in a bid to challenge rivals Alibaba and Amazon in this rapidly-growing area. ▪
Snapdeal launches mobile wallet   The Indian e-commerce retailer is taking on rival Paytm with the launch of the Freecharge wallet +++ Flipkart-owned Myntra is on a hiring spree, not only looking for Indian talent but also technologists from abroad.  ▪
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Metcash reacts against Aldi   Grocery wholesaler Metcash has kicked off a grassroots campaign to defend the market share of its IGA retailers ahead of Aldi's arrival in Southern and Western Australia. Meanwhile, the German discounter has rejected claims that it plans to only sell Chinese goods, saying it overwhelmingly sources its private-label products from within Australia.  ▪
europe
Kitkat claim rejected   Swiss food giant Nestlé failed to convince the European court of justice that the four-fingered version of its chocolate bar should be protected by law. The case has dragged on for five years after Nestlé filed the trademark application and Cadbury appealed against it. ▪
Inditex reports surging sales   The Spanish clothing company, owner of fashion chain Zara, posted an increase in net profit for the first half of its fiscal year amid rising sales and thanks to an increasing online presence in Asia. Earlier this week, Sweden’s H&M posted its weakest monthly sales rise in almost two years in August. ▪
Topshop offers colour suggestions   UK retailer Topshop has teamed up with online board Pinterest to suggest clothing based on colour preferences for its customers, while US retailer American Eagle Outfitters is expanding into the British market with the launch of its first ever localised e-commerce site. ▪
usa & canada
Beer mega-merger   AB-InBev is planning a takeover bid for SABMiller, in a US$ 100 billion deal that would be one of the largest of all time. SABMiller brews Peroni, Grolsch and craft beer Meantime while AB-InBev owns Stella Artois, Budweiser and Corona. ▪
Improving customer experience   Discount retailer Target is launching a major initiative to improve its in-store shopper experience. The company is also handing out free Fitbit activity trackers to its more than 300,000 employees. Meanwhile, online behemoth Amazon is expanding its one-hour delivery service in California and offers free access to the Washington Post for prime members . ▪
Hiring for the holiday season   Toys 'R' Us and Kohl’s are among the first retailers to announce their holiday hiring plans this year. Together the companies offer more than 100,000 jobs. Logistics company UPS says it plans to hire between 90,000 and 95,000 seasonal employees. ▪
Developments to watch
Lidl promotes healthy food   The Portuguese arm of the German discounter has launched a promotional campaign with the aim of encouraging the consumption of fruit and vegetables. The company will take part in an educational roadshow covering 60 primary schools. ▪
P&G cleans the water    The consumer goods giant is set to launch 25 new projects over next 5 years through its Children’s Safe Drinking Water Programme and aims to deliver 15 billion liters of clean drinking water by 2020 to reduce illness caused by contaminated water. ▪
Shiseido helps in Bangladesh   The Japanese cosmetics major has joined 'Business Call to Action' with an initiative to improve hygiene, nutrition and health among rural Bangladeshi women. ▪

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