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

Greetings!
German food-delivery start-up is set to grow after a successful funding round has lifted its valuation to EUR 2.6 billion. Alibaba has signed a deal with US Postal Service to speed its delivery time to American customers, and Shopify teamed up with Amazon. Also, check out how Lego can unlock talent and what core values Zalando relies on. Enjoy the read.

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asia
Alibaba partners with US Postal Service   Cainiao Logistics, the affiliate of Chinese e-commerce giant Alibaba, has agreed to work with the US Postal Service to speed up delivery to American customers. The two companies also want to expand worldwide shipping capabilities, especially in South America. ▪
Nojima enters Vietnam   The Japanese consumer electronics retailer is about to start its store roll-out programme in Vietnam, following its acquisition of an additional  21 % of local chain Tran Anh Digital World. ▪
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Hong Kong moves away from luxury   Although the retail sector in Hong Kong outperformed over the last decade with strong sales growth for high-end products, it is moving from its traditional luxury focus to the mid-market +++ Apparel retailer Bossini has weathered Hong Kong’s retail downturn by achieving strong growth offshore. ▪
Lego builds in Shanghai   China's economy may be slowing down, but that is not stopping the Danish toymaker from investing more than US$ 113 million in a new plant in Jiaxing, about 100 km southwest of Shanghai Text ▪
 europe
Lidl commits to living wage   The German discount powerhouse says it will become the first UK supermarket to implement the minimum wage as recommended by the Living Wage Foundation. The move represents an average pay rise of GBP 1,200 per year for thousands of staff. ▪
Hello Fresh is set to grow   The German food-delivery start-up, backed by Rocket Internet, raised EUR 75 million in funding, lifting its valuation to EUR 2.6 billion as it seeks to increase its market share and expand further.  ▪
Delhaize and Lavazza target US consumers    Italy’s biggest coffeemaker, Lavazza, will spend more than a third of its investment budget in the US this year, seeking to tap the growth of the world’s largest coffee-consuming country +++ Delhaize Group's US subsidiary Food Lion has increased its private-label offering by adding fresh produce to its portfolio. ▪
usa & canada
Walmart invests in e-commerce    The world’s largest retailer is spending US$ 200 million on a new distribution facility in Florida that will be dedicated to fulfilling e-commerce orders. Walmart has also detailed seasonal hiring plans, saying it will add 60,000 seasonal workers, and has figured out how to tap into its shoppers’ offline habits to drive more engagement online. ▪
Supporting online merchants   Amazon has released a selection of consumer devices and digital content aimed for consumers during the upcoming holiday shopping season. The online giant has also struck a deal with Ottawa-based Shopify to be the preferred migration provider for Amazon Webstore merchants. ▪
Speeding up delivery   Florida-based supermarket company Publix has teamed up with newly launched grocery delivery service Shipt +++ Vancouver-based online footwear retailer Shoes.com is offering home and office delivery in two hours or less on select items on its Canadian website. ▪
thought-provoking reads
Zalando's success strategy    Customer convenience and sustainability are the core values of Europe's biggest fashion retail site Zalando, which is about to build a fourth fulfillment centre in Germany. Senior Vice President of Operations, David Schröder, reveals more about the e-tailers future plans. ▪
Unlocking talent   As the fast pace of technology calls for innovative, out-of-the-box thinking, corporations are looking for more unusual approaches to meet the challenges they face. Some companies are using Lego to unlock talent employees didn’t know they had. ▪
Pay to enter a store   In five years, consumers may have to pay to go into a bricks-and-mortar shop to enjoy the luxury experience of interacting with a sales assistant, according to a report from MYOB. ▪

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