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

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Flipkart has appointed a new head of marketing. Tesco, in a bid to reduce food waste, has modified its supply chain.  And Target has launched a new website that enables Canadian customers to buy goods and have them delivered.  Read these stories and more in today’s RetailUpdate. Oh, and if you enjoy this edition, don’t forget to share.


asia & australia
Uniqlo launches new store in the Philippines   On October 23, the Japanese-based clothing retailer will open its 25th shop in the Phillippines. It will be the first in Cebu. A second Cebu store is due to be opened in November. ▪
Microsoft to open in Australia   Next month, the technology giant will open its first flagship store outside North America. The 557-square-meter space will open at Westfield in Sydney right next to its rival Apple’s flagship stores. ▪
Flipkart appoints new marketing head   Samardeep Subandh has joined the e-commerce giant as its chief marketing officer. Mr Subandh will be responsible for managing Flipkart’s brand by gaining deeper customer insights and driving the quality and creativity of communication +++ Two days ago, competitor Snapdeal appointed former CEO Anup Vikal as its new finance head. ▪
europe
Home Retail uncertain about profits   The owner of Homebase and Argos has warned this year’s profits are likely to fall short of analysts’ expectations. Home Retail Group says that though DIY sales were high in its first-half results, sales at Argos were affected by declines in seasonal and electrical product categories. Meanwhile, CEO, John Walden has defended their investment in Argos’ same-day delivery (paywall). ▪
Rewe and Starbucks to join forces   A “significant” new partnership has been announced between the German retailer and US coffee company. The new venture will see Starbucks appear in Rewe retail locations in 2016.  Meanwhile, Starbucks has opened a new after-hours Star Reserve store in London that will include wine and beer on its menu. ▪
Tesco extends shelf life of fresh produce   In a move to reduce food wastage, the supermarket chain has removed the packing stage in its supply chain. Tesco is now receiving produce directly from its European suppliers. Meanwhile, Tesco still can’t sell their data-analytics company, Dunnhumby, for the amount they want. ▪
usa & canada
Target opens door to Canada   Without pomp or ceremony, the US discount retailer has launched an international website that will enable Canadian customers to buy products and have them delivered. Also, in response to the White House’s Climate Pledge, Target has announced it is working towards eight new sustainability commitments. ▪
Dunkin’ Donuts steaming ahead   The donut chain continues towards its goal of opening 410 to 440 new stores this year. And it has now announced there will be 24 new restaurants in Minnesota over the next few years. ▪
Amazon expands same-day delivery   The e-commerce giant has announced it has expanded its Prime free same-day delivery service to Chicago, Orlando and locations in greater New York. The service is now available in 750 cities. ▪
africa
Shoprite to speed up expansion   South Africa’s largest grocer has announced it will speed up its store expansion programme. This announcement comes despite reporting poor sales growth in the first quarter. Meanwhile, Shoprite’s biggest shareholder, The Public Investment Corporation, has voted against their remuneration policy for executives. ▪
South African retail sales grow   In August, South African retail sales were better than anticipated. Year-on-year sales grew 3.9%, an improvement on 3.3% growth in July. ▪
Investment in Zambian malls   Delta Africa, the first Africa-dedicated property fund, has extended its asset base to three countries. It has purchased Rockcastle Global Real Estate’s 50% interest in Kafubu Mall and Makuba Mall in Zambia. ▪

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