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Retail Update - powered by LebensmittelZeitung

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After weeks of arguing and a number of takeover bids, AB InBev and Sabmiller finally agreed to become the world's biggest brewer. Read how the deal was sealed. Also learn about other mergers, new store concepts, investments, expansions from East to West and vice versa.  And if you enjoy our daily brief, please share it with your friends and colleagues. 


asia & australia
Treasury buys Diageo wine business     Australian vintner Treasury Wine Estate is to acquire the US- and UK-based wine operations of drinks giant Diageo for US$ 600 million. The Melbourne-based company plans to fund the acquisition with new debt and a rights offer to raise about US$ 350 million. ▪
Expansions from East to West   Chinese online powerhouse Alibaba will soon be opening offices in Italy, France and Germany, while Dutch supermarket chain Albert Heijn is to launch an online store in China this week and JD.com, China’s second-largest e-tailer, has expanded its operations in Silicon Valley. ▪
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Online sales battle begins   In preparation for its five-day festive season sale, Amazon India has tripled its warehousing capacity since last Diwali and is ready to deliver 1 million products for next-day delivery. ▪
H&M secures Auckland store  The global Swedish clothing retailer announced recently that it will expand to New Zealand and has now confirmed that Auckland will be home to its first store in the country. This is a most welcome decision for Kiwi shoppers waiting for big brands to land on their shores. ▪
  europe
Megabrew deal sealed   After weeks of proposed offers and rejections, the biggest consumer-goods takeover in history was ultimately decided in London. Anheuser-Busch InBev has agreed to buy Sabmiller for about US$ 103 billion to form a company that makes almost a third of the world's beer. ▪
Investing in stores    German supermarket chain Rewe will reportedly spend EUR 1.7 billion on the construction and conversion of its stores to expand its c-store network in Aral petrol stations +++ Italian cooperative NovaCoop plans to launch a new concept store in Turin; so does British fashion brand Oasis, which will open its new creation in London. ▪
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Recruiting staff   Roger Burnley, one of Sainsbury’s top directors, will take the role of chief operating officer at Asda next year and UK-based delivery firm Yodel is creating nearly 7,000 jobs in the run-up to the festive season.  ▪
usa & canada
Rebranding and restructuring   Discount store company Dollar Tree will convert all 222 Deals stores, the majority into Dollar Tree and the rest will become Family Dollar stores +++ Variety store operator Dollar General announced that it will cut roughly 255 positions as part of a broader corporate restructuring plan. ▪
More acquisitions   Domino's Pizza plans to strengthen its position in France by acquiring independent chain Pizza Sprint for US$ 55 million +++ Instore data analytics company RetailNext has bought Pikato, a Chicago-based company whose cloud-based software enables personal, one-to-one mobile customer interactions. ▪
Instacart takes on ingredients   Grocery delivery service Instacart is partnering with food-focused social network Allrecipes to deliver fresh ingredients from their recipes at the click of a button. Meanwhile, payment service platform Paypal is expanding Return Shipping for US customers. ▪
africa
Ice-cream plants and recalls    British-Dutch consumer goods giant Unilever has opened the doors of its first ice-cream factory in Midrand's Lords View Industrial Park, near Johannesburg +++ Supermarket operator Woolworths SA is recalling 12 of their ice-cream and sorbet products because they might have inconsistent peanut allergen labelling.  ▪
Pick n Pay grows outside its home market    South Africa-based retailer Pick n Pay reports a turnover increase of 8.5% to US$ 2.84 billion for the first half of its current financial year. During this time it has opened six stores outside its home market, in Namibia, Zambia and Zimbabwe. ▪

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