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

Hello, subscribers!
In China, retail sales have seen a recovery thanks to 11.11 Singles Day; in the UK, Tescos employs more staff to help Christmas shoppers and in Canada, Walmart introduces a new organic line of products. These stories and more feature in today’s edition. If you enjoy the read, please don’t forget to share. Have a great day.

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asia
Alibaba partners for omnichannel experience   The e-commerce giant has partnered with 1688.com to link B2B online and face-to-face trading. To be trialled initially in Asia, the partnership will introduce to companies Alibaba’s B2B unit’s online secure transactional platforms and business portals. ▪
China’s retail recovering   According to official government data, the country’s retail sales grew by 11% in November. Though, perhaps, surprising, the growth may relate to the huge 11.11 Singles Day online sale. ▪
Spencer's steps into online space   For an undisclosed sum, the US retailer has acquired 100% of Meragrocer.com. Indian Meragrocer.com will become a subsidiary of Spencer’s and pave their way into e-commerce +++ Delhi-NCR is now the most online shopping savvy city in India. ▪
europe
Calls for action against Sports Direct   MPs are calling for government action in response to a report by The Guardian claiming that the retailer’s warehouse workers were forced to submit to searches during unpaid time, and that employees were reluctant to take time off due to extensive monitoring. The report also claimed that Sports Direct may be paying thousands of workers below the minimum wage. ▪
Senior appointments   The new owner of embattled department store chain BHS, Retail Acquisitions, has appointed Aidan Treacy as its new Chief financial officer. Mr Treacy was previously an associate director at business advisory company Essendon Group +++ Meanwhile, UK’s largest pet supplies retailer, Pets at Home Group, has appointed Graeme Jenkins as Chief Financial Officer. ▪
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Tescos are here to help   In order to assist customers in finding forgotten products or idea gifts, the retailer has introduced 4,000 extra staff throughout its UK stores +++ Meanwhile, thanks to boosted spending during Black Friday, UK retail sales in November rose 1.7% from October, surprising economists. ▪
usa & canada
Walmart Canada goes organic   Under its Great Value store brand, the retailer has quietly launched a new line of organic products. The move is expected to pressure Canada’s conventional grocers, like Loblaw and Sobeys, to increase their organic offerings and address pricing. ▪
Gillette takes on Dollar Shave Club   The US brand of safety razors and grooming products is suing Dollar Shave Club, claiming a patent infringement. The lawsuit seeks damages and to prevent Dollar Shave Club selling products that infringe Gillette’s patented property. ▪
Q3 success   Following a recently reported impressive Q3 result, which saw its same-store sales increase by 4.8%, extreme value retailer Five Below is expected to see its share price increase over the coming months +++ Meanwhile, Rite Aid has reported revenues of US$ 8.2 billion for its third quarter, up 21.8%. ▪
trends to watch
Driving traffic to physical stores   There is a new technology platform. Its goal is simple: to convert online browsers into customers of brick-and-mortar stores. A scalable SaaS platform from Brickwork, which is designed to increase customer experience from site to store, will enrich data and content around physical locations for brands. ▪
Omnichannel experience needs improvement   According to the 11th annual ForeSee Experience Index, retailers need to improve a number of areas of omnichannel customer engagement if they want satisfied customers. ▪
Manhattan a retail melting pot   Manhattan is about as inclusive as possible when it comes to retail diversity, according to a study of 906 retailers in three of Manhattan’s leading shopping districts by Cushman & Wakefield. The study found 39% of the retailers originate from outside of the US. ▪

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