In India, the high-profile relationship between Amazon and Future Group appears to be in trouble over a disagreement about online discounts; in Europe, both Casino and Lidl are embroiled in litigation, and two US retailers use technology to create the ultimate omnichannel shopping experience. All these stories and more feature in today’s RetailUpdate. If you enjoy the read, please remember to share.
Asia & australia
Kesko acquires supplier The Finnish retailing conglomerate has purchased building and electrical products supplier Onninen in an all-share deal worth EUR 369 million. The move will bolster Kesko’s non-food operations.
New York is the best According to a report by Expedia.co.uk, New York City is the best city in the world to shop. The report cited “unlimited shopping options, and called it the place to “shop until you drop.” The next best cities were Berlin and Los Angeles.