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

Hello, dear reader!
Investments in technology to drive online sales and digital payments dominate the headlines today. Walmart merges its tech division, Sam's Club accepts Visa, and Lidl offers e-money vouchers. Amazon reveals more details about its drone plans and J.C. Penney continues its comeback. Read these stories and more in today's issue and don't forget to share.

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asia & australia
Arrivals in Australia   British department store Marks & Spencer has launched a dedicated website to target Australian online shoppers, but there are no plans to open a bricks-and-mortar store in the country. More Chinese retailers are predicted to set up shops in Australia according to Deloitte. ▪
Alibaba partners with Nestlé   The Swiss food group has agreed to a partnership with the Chinese e-commerce giant to grow online sales, build key brands and offer new products. Nestlé is also expanding its distribution in rural areas in China. ▪
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Ratan Tata invests in another startup    Cashback and coupons site CashKaro is the latest company to join industrialist and angel investor Ratan Tata’s rapidly growing portfolio of startups. Since making his first investment in early 2014, the retired businessman has invested in 21 startups to date. ▪
europe
Online push in Britain   Internet retailer Amazon is in talks to acquire British online supermarket Ocado as part of its ambitious plan to launch a grocery delivery service. Meanwhile, German discounter Aldi has started to sell wine online in the UK. Customers can order for home delivery or collection at a CollectPlus service store. ▪
Sustainability matters   Aldi has asked its German and Dutch fruit and vegetable suppliers to stop using pesticides that were found to be hazardous to bees. It is a step towards more sustainability, which is one of the biggest food industry trends this year, according to research company Euromonitor. ▪
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More organics on offer   Italian food retailers such as Conad, Crai and Auchan Italia are adding more organic products to their private label offerings as a response to new consumption trends and consumer needs regarding healthy products. ▪
usa & canada
Walmart merges tech teams   The US retail giant is combining an Arkansas-based division that develops computer systems for its stores with a fast-growing technology unit in Silicon Valley. The merger will create a new group called Walmart Technology. ▪
Amazon reveals more drone details   They will be able to carry a limit of five pounds and be at the customers' doorsteps within as little as 30 minutes, informs the online powerhouse. The company has also rolled out the first devices available with Amazon Dash Replenishment, which enables connected devices to automatically order physical goods. ▪
J.C. Penney continues comeback   The department store operator is re-entering the appliances segment and will introduce a leading assortment of major appliances in February. The company has appointed Joe McFarland as executive VP of stores, effective immediately, succeeding Tony Bartlett. ▪
payment prospects
Lidl offers e-money vouchers   Payment provider Wirecard has expanded its collaboration with discounter Lidl in Croatia. The group will now be responsible for the processing of Lidl e-money gift cards in the country. ▪
Sam's accepts Visa   In an effort to better serve its members and extend the value of membership, warehouse-club retailer Sam's Club, owned and operated by Walmart, will accept Visa credit cards from February on. ▪
Cash is still king   Even in today’s expanding market of digital payment options, cash remains a leading payment form. That’s according to a survey by Cardtronics. The predictions of French-based payment provider Ingenico of how we settle the bill, however, paint a different picture. ▪

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