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

Hello, dear reader!
Amazon is in the headlines all over the world, facing trouble in Japan, partnering in Israel, and getting challenged in the US, where it also surprises with the lack of price tags in its brick-and-mortar store. Read these stories and more and also enjoy our collection of thought-provoking articles at the end of the bulletin. Have a great weekend.


asia & New Zealand
Targeting inequity    Amazon Japan staff have formed a labour union accusing the online giant's Japanese subsidiary to set 'unfair' performance targets. Over in China, the regulation watchdog has formally accepted's request to investigate its rival Alibaba for possible unfair practices during promotions. ▪
Microsoft partners in India   The US tech giant has announced partnerships with e-commerce majors Snapdeal, Paytem and Justdial. India represents a US$ 7 billion digital commerce market and is expected to grow at 40% every year according to US-based research company Garnter.  ▪
The Warehouse expands into finance   New Zealand’s largest publicly listed retailer increased first-quarter sales by 7.7% at its discount chain ahead of the Christmas trading period. The company plans to rebrand and extend its financial services with the launch of budget prepay mobile cards. ▪
europe & middle east
Amazon picks Payoneer   Israel-based online payments solution company Payoneer has been selected by the US online giant to expand cross-border payment options to sellers from 24 countries. Payoneer will provide a simple and convenient way for sellers from top markets including China, Japan and South Korea. ▪
Kesko trials experimental format   K-Myllypuro is the name of a new grocery format launched yesterday in Helsinki by the Finnish retail group. It is a test store where Kesko is experimenting with various store concepts and models, with a focus on fresh products. ▪
Morrisons needs more magic   After sales fell again in another disappointing quarter, Britain’s fourth largest supermarket hopes to make it magical this Christmas with the launch of its festive ad campaign today. ▪
usa & canada
Merger might lead to store closings    Walgreens Boots Alliance may have to shut as many as 3,000 stores in its bid to buy Rite Aid for US$ 17.2 billion. In another move, the drug store chain announced to integrate their customer rewards platform with Apple's mobile payment service. ▪
Heating up competition   California-based start-up Hiku Labs is challenging Amazon with the annoucement of the second generation of its own shopping button, which allows customers to order groceries from Walmart and other retailers. Over in New York, has unveiled a new app with significant ordering enhancements. ▪
Disappointing and promising results   Kraft Heinz reported a drop in sales and profit for its first quarter since the food giant was created in a merger. Good times for club retailer Costco, which enjoyed a 4% rise in same-store and total sales. Increases in revenue brought banana giant Chiquita back into the black numbers and allowed Shake Shack to take a big bite out of the burger market. ▪
thought-provoking reads
Bookstore without price tags   Online goliath Amazon, which surprised this week with the opening of a physical bookstore in Seattle, leaves its customers in the dark about prices. They have to scan barcodes with their smartphones or ask staff as there are no price tags on the articles. ▪
Shoppers like fast lanes   Speedy shoppers will no longer get stuck behind people who dawdle or stop to check their phones - thanks to Britain's first ever pedestrian fast lane. It’s in a mall, because people hate slow shoppers. ▪
Rise of the robots   A “robot revolution” will transform the global economy over the next 20 years according to a new study by Bank of America Merrill Lynch. The robotics market is expected to be worth US$ 66.9 billion by 2025.  ▪

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