Hello, dear reader!
Another day, another Aldi story, or stories in this case. While unveiling new store formats in Australia and roll-outs in California, the German powerhouse still picks up pace in the UK. On another note, it's 'Back to the Future day' today, especially marked by some global players. Enjoy the read and spread the word. RetailUpdate subscription remains FREE.
asia & australia
Fyffes and Spar invest abroad Dutch retail chain Spar International has revealed that it has opened its first store in Cameroon and plans to further grow its presence in Africa. Meanwhile, Irish produce company Fyffes has announced a US$ 45 million investment for its Central American operations.
Expectations and revelations Sainsbury's increased revenues by 1.1% in the 12 weeks ending 11 October, but its market share remains static. Meanwhile, UK wholesaler Booker expects that its recently acquired Budgens and Londis businesses will contribute GBP 3 million to its full-year figures.
usa & canada
Amazon on hiring spree The online behemoth plans to employ 100,000 people for the holiday season, a 25% jump from last year, to meet an increase in customer demand. Just recently, the company hired more than 25,000 people for regular, full-time positions.
Subway to eliminate antibiotics The US sandwich chain plans to switch to meat raised without antibiotics, starting with chicken in May 2016, followed by turkey, with the transition expected to be complete within two to three years.
envisioning the future
Celebrating 'Back to the Future' day According to the iconic time-bending 1980s series, today we would be living in a world of wearable technology, drones and flying cars. Check out right and wrong predictions. Global companies such as Amazon and Pepsi are set to mark the day with special offers.
More apps for shoppers Apparel company Tommy Hilfiger offers virtual reality in its stores. The concept was created in collaboration with a Dutch start-up. Meanwhile, Portuguese hypermarket chain Continente has launched an app that aims to replicate a store and provide shopping at the touch of a button.
No life without a smartphone Mobile devices are becoming the norm for every facet of consumers’ lives according to a new infographic from DirectBuy. 29% of US adults describe their smartphone as something they can’t live without.