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

Dear reader!
Delivery services are expanding everywhere: in the US, in Europe, in India - even in Africa. After a successful trial period, a delivery start-up has launched in Rwanda's capital, Kirgali. In other news, retail giants H&M and Amazon surprise us by supporting workers' rights. Read these stories and a lot more in today's RetailUpdate. Subscription is still FREE.

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asia & australia
Treasury Wine gets US approval   The Australian wine supplier has received the go-ahead from US regulators to proceed with its purchase of most of Diageo's wine business in the US and UK. The company expects the transaction to be completed by the end of December.. ▪
JD.com takes on Alibaba   China’s second-largest e-commerce company has filed a complaint with an anti-trust regulator, accusing its rival Alibaba of using its market power to pressure merchants to withdraw from JD.com during promotional activities, which the former strongly denies. Meanwhile, China's official news agency, Xinhua, revealed that more than 40% of goods sold online in the country last year were fakes. ▪
Indian expansion plans   E-commerce giant Flipkart is looking to expand the reach of its recently established grocery delivery service +++ Paytm, the country's largest mobile wallet, will turn its main app into an e-commerce device, and Indian business titan Ratan Tata puts his money into Sabse Technologies, a California-based Wi-Fi carrier. ▪
europe
Selfridges acquires Arnotts    One of Ireland's oldest and largest department stores, Arnotts, has been bought by high-end British retailer Selfridges, which is owned by Canadian businessman Galen Weston, for an undisclosed sum. ▪
More news from Ireland   Clothing retailer Primark is poised for further international expansion across the US and Europe but has to report a fall in profits +++ Food and ingredients company Kerry Group reports 'good progress' in the first nine months of the year. ▪
H&M signs for better rights   The Swedish retail giant has signed an agreement promising better labour rights for 1.6 million garment workers at its suppliers' factories in countries such as Cambodia, Bangladesh, Myanmar and Turkey. ▪
Trials at Tesco and Morrisons  British supermarket giant Tesco has launched same-day click & collect services for grocery products across 200 of its stores, while competitor Morrisons plans to enter the fresh premium sandwich market and is currently training 1,000 staff to make three million sandwiches a year in-store. ▪
 usa & canada
Portfolio expansions   Nashville-based speciality retailer Genesco has agreed with Montreal-based Aldo Group to buy its Little Burgundy footwear chain in Canada. Meanwhile, clothing company American Eagle Outfitters has acquired two more brands, Tailgate Clothing and Todd Snyder New York. ▪
Amazon goes omnichannel   The online giant's first permanent physical store has opened in its hometown of Seattle, which "integrates the benefits of offline and online book shopping". In another surprising move, the company is offering better benefits to its 222,000 employees. ▪
Delivery developments    Target, which just revealed it will close 13 stores in January, is expanding its Instacart same-day delivery service to the San Francisco Bay Area and is setting up Target Wonderland in New York, a pop-up for the holiday season. Tech giant Google joins the drone delivery fun and plans to offer this service in 2017. ▪
africa
GroceWheel launches in Kigali   After a successful trial period, Rwandan startup GroceWheels has introduced its online grocery delivery in Kigali and plans to expand further within Rwanda and elsewhere in Africa. ▪
Rhodes buys halal bakery   The South African food manufacturer has announced the acquisition of halal bakery group Alibaba Foods for US$ 3.1 million. Alibaba is based in Cape Town and produces a range of halal food products, including samosas, pies and rooties. ▪

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