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

Hello, dear reader!
Finally, Black Friday has arrived and retailers around the world are bracing themselves for the showdown. A number of British companies have developed quirky alternatives to the US-inspired discount day. Delivery and payment options remain hot topics. Have a peaceful start to the festive season and enjoy today's collection of retail news.


asia & south pacific
Australian announcements   Woolworths' new chairman, Gordon Cairns, is determined to return the struggling supermarket giant to its former glory, while Metcash-owned supermarket chain, Foodland, has announced to create more than 2,500 jobs and to build 22 new stores +++ Coffeehouse chain Gloria Jean's is set to roll out drive-through versions of its shops across the nation. ▪
Uniqlo hires refugees   The Japanese clothing chain intends to employ 100 or more refugees at stores in the country and abroad in a major expansion of its programme of supporting the displaced people ▪
Taiwanese services   7-Eleven, the country's largest convenience store chain, announced that it will work with local shopping website MyDay to have online purchases from overseas delivered to its 5,000-plus outlets +++ Alibaba's payment platform Alipay is determined to expand its service in Taiwan. ▪
Eataly opens in Germany   The Turin-based fine food & gastronomy chain has entered Germany and opened its 27th outlet worldwide this week in Munich. German Retail Blog had the opportunity to talk to Eataly founder Oscar Farinetti about worldwide expansion plans and a lot more. ▪
Click, collect and go - or not    Shutl, a fulfilment specialist owned by Ebay, has announced that fashion company River Island will be the first UK retailer to launch its new 'Click and Don't Collect' service +++ Belgian's Colruyt has just opened its 'next generation' store, which incorporates a 'Collect&Go' (collection) facility. ▪
Carrefour creates contactless card    The French powerhouse has created its own debit card which can be used for contactless transactions in a system that will initially become usable in many supermarkets in Belgium and Luxembourg. ▪
Beverage results  Sales at liquor group Remy Cointreau grew 6.1% to EUR 501 million for the six-months ending Sept. 30. Uplifting reports also come from soft drinks company Britvic - its Irish division has returned to growth with revenue up 1.3%.  ▪
 usa & Africa
Tesco settles US lawsuit   The British retailer has reached an agreement in principle to pay US$ 12 million to settle a class-action lawsuit by US shareholders in New York over an accounting scandal that tarnished the retailer’s reputation. ▪
Deliv scores major deals   The California-based start-up has scored a new same-day prescription delivery deal with pharmacy chain Walgreens and has also partnered with mobile platform Newstore to offer same-day delivery across local, regional, and national retailers. ▪
Nampak grows in Nigeria   Africa’s biggest manufacturer of beverage cans, Nampak, has increased its profit in Nigeria and Angola, but suffers setbacks at some operations in its home market of South Africa. ▪
seasonal strategies
Head start on Turkey day   Walmart and Target's move to keep Amazon at bay by offering online deals early on Thanksgiving seems to pay off. At brick-and-mortar stores, smaller crowds than last year are expected due to consumers' willingness to shop via smartphone.  ▪
Brits take on Black Friday   "Just Friday" and "Civilised Saturday" are British alternatives, nevertheless the US- inspired event is expected to hit the GBP 1 billion mark as reported on Tuesday  +++ High street retailer John Lewis has banned staff from using their discounts to snap up online bargains on Black Friday. ▪
Kiwis prefer Boxing Day   While New Zealand retailers have caught on the Black Friday phenomenon this year, it is unlikely that the event will out-do Boxing Day as the nation's most popular discount day. ▪

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