It comes as no surprise that Britain’s supermarket wars continue with Aldi and Lidl gaining even more market share and Amazon Fresh preparing to fuel the competition. Over in the US, Amazon challenges Etsy. And sustainability matters for a growing number of companies — read about recently launched initiatives to make our planet a better place.
asia & austraLIA
Xiaomi competes against carriers China’s leading smartphone maker introduced two prepaid wireless plans to mark its debut as a mobile virtual network operator competing against China’s national carriers and maybe kick-starting the industry.
Register now for etailment 2015 - 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.
Metro and Auchan extend partnership Being already a buying alliance at global level, Germany's Metro and France's Auchan will extend their cooperation. The German retail group is giving Auchan a mandate to negotiate the buying terms of national and international brands in France.
US-Investor buys home shopping retailer Multi-channel home shopping retailer Ideal Shopping Direct, owned by British equity firm Inflexion, has been acquired for GBP 200 million by US buyout-giant Blackstone. Ideal Shopping Direct operates four television channels, including Ideal World and Create and Craft.
USA & CANADA
Handmade at Amazon Online marketplace Etsy gets a major new competitor. Amazon is reportedly planning the launch of Handmade at Amazon, a platform for handcrafted good. Etsy went public this year and reported a growing loss in the second quarter.
Omnichannel and payment efforts Department store company Kohl's introduces several new omnichannel shopping tools and will also pilot same-day delivery in select markets +++ Convenience stores operator 7-Eleven is partnering with technology company PayNearMe to offer cash-using consumers a new mobile bill payment service.
Supporting food research projects Italian food company Barilla supports research into sustainable food and has awarded two projects, "Analog Forestry" and "Eco-Sustainable Gardens", in Milan.
Investing in health research Beverage giant Coca-Cola says it spent US$ 118.6 million on health research and partnerships over the past five years and aims to be more transparent about efforts to promote health messages and programmes.