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

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European retailers are donating generously to manage the migrant crisis, amongst them Germany's Rewe group. In the US, companies such as Walmart, Starbucks and Nike have committed themselves to renewable energy. Read about these humanitarian and sustainability efforts as well as testing platforms in Shanghai and alleged supplier deals in today's issue.

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asia & australia
Aldi and Woolies hit back   The two supermarket giants came under fire on supplier deals in Australia and got a warning from the competition regulator. Woolworths rejected the allegations immediately as did Aldi, stating it has always supported a strong and sustainable grocery industry. Over in Germany, the discount giant has just joined forces with Napster to launch a new music streaming service. ▪
New headquarters and test platforms   Hong Kong-based retailer Fung Group has launched the world's first retail business model testing platform in Shanghai to track consumer behaviour +++ Alibaba says it will launch a second headquarters in Beijing to strengthen business development in north China. ▪
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Samsung to offer in-store insights   The Korean electronics giant has partnered with analytics and marketing provider Walkbase, headquarted in Finland, to offer retailers in-store analytics to track the behaviour of customers through Wi-Fi signals from smartphones. ▪
europe
Lifting up milk prices    Arhus-based international dairy cooperative Arla Foods has lifted the  price paid to farmers for the first time in six months. Similar developments took place in New Zealand, where dairy giant Fonterra raised its forecast milk pay out to farmers more than economists expected.    ▪
H&M gets ready for China   The Swedish clothing retailer plans to open most of its upcoming 240 stores in the Asian country. While missing analysts profit forecasts in the third quarter, the fashion giant saw over 15% growth in Russia in the first nine months of this year, opening 15 new stores there during the period.  ▪
Sainsbury's tackles waste   The British supermarket operator plans to launch a GBP 10 million project to combat household food waste. As part of its ‘Waste Less, Save More’ initiative, the company is seeking a UK town to test its new scheme. ▪
usa
Coke restructures supply system   In a move to cut costs amid tepid sales, Coca Cola plans to bring some of its top US bottlers together under a new supply system, selling nine production facilities to three of its largest independent bottlers. ▪
Anheuser buys another craft brewery   The beer giant has announced it will acquire Los Angeles-based firm Golden Road Brewing to expand its presence in the fast-growing craft beer market. Anheuser also owns former craft beer darlings like Chicago’s Goose Island Brewery, Oregon’s 10 Barrel Brewery and Washington’s Elysian Brewery  ▪
Amazon launches worldwide   The online giant has just confirmed it is introducing its streaming video service in Japan along with its Fire TV devices. Over in France, Amazon is taking on the likes of Carrefour and Auchan by introducing a grocery site and an online wine service. ▪
developments to watch
Migrants to the rescue   As the migrant tragedy unfolds and the EU struggles to cope, many European retailers & FMCG manufacturers have joined charities. One positive example is Germany's Rewe Group. German Retail Blog explains why the influx of migrants could provide a big opportunity for the retail market. ▪
Sustainability goals   Walmart, Starbucks and Nike committed themselves to achieving a major sustainability goal of using 100% renewable electricity. Together with other firms, including Johnson & Johnson and Procter & Gamble, they have joined RE100, a global initiative for renewable electricity. ▪
Well-being programmes   The Mondelēz International Foundation has launched initiatives aimed at bringing nutrition education, active play and fresh foods to children and their families in Mexico, South Africa and the United States. ▪

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