More billion-dollar deals are being struck. This time, in the US' food and in the finance sector and those majors are not even the only deals covered in today's issue. Aside from acquisitions, other stories include a heavy investment in India, European and Australian products on Chinese shopping portals, and good intentions proclaimed by a number of European retailers.
trends to watch
Majors trade globally The results of a study by Consumer Goods Forum and Planet Retail show that internationalisation is still on the agenda of major players with international trade accounting for 35.3% of their total sales in 2014.
Gift cards on the wish list Sales for gift cards are forecast to grow 5% to US$ 130 billion this year, and digital gift cards are on track to double to US$ 14 billion by 2017.