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

Hello, dear reader!
German Retail Blog takes a closer look at the radical changes that Walmart-daughter Asda is undergoing. Suppliers receive some advice on how to deal with UK's supermarkets. Over in China, Alibaba gets control of a food startup, while Chinese consumers help Australia's wine export to excel. Enjoy our collection of news and in-depth analysis.

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asia & australia
Wine export booms   The value of Australian wine exports has surged 14% to AU$ 2.1 billion last year, with the strongest growth in China, where exports jumped 66%. Private label products are also enjoying a boom Down Under, according to Canstar Blue. ▪
Alibaba has it under control   The Chinese powerhouse will reportedly be a controlling shareholder of food-delivery startup Ele.me, which is backed by Tencent. Over in Davos, Alibaba founder Jack Ma told the audience at the World Economic Forum not to worry about China, as the country is transforming to a consumer driven economy. ▪
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Flipkart claims top spot   Market leader Flipkart has gained leadership in the mobile commerce space in India according to research company SimilarWeb, but rival Amazon has a different point of view. With its new CEO, Binny Bansal, Flipkart is shifting its focus from mobile apps back to desktops. ▪
Billion offer for Sharp  Foxconn, the Taiwanese company that assembles the bulk of the world’s iPhones, has offered about US$ 5.3 billion to take over troubled Japanese electronics maker Sharp. However, the Japanese government isn't keen to let Sharp fall into foreign hands. ▪
 europe
Sonae eyes emerging markets   The Portuguese multi-brand retailer is considering additional expansion in emerging markets after announcing plans to enter the United Arab Emirates through a franchise agreement. The  group's food retail segment posted a positive performance throughout the year. ▪
Brantano enters administration   Around 2,000 jobs are at risk after British shoe retailer Brantano called in administrators on the back of a tough Christmas period. Accountancy firm PwC has been appointed as administrator. It’s the first high profile casualty of 2016. ▪
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usa & Africa
Supporting omnichannel shopping   Supermarket chain Giant Eagle is determined to bring disparate store activities together by utilising several solutions from software company Reflexis +++ Department store operator Macy’s has picked a new omnichannel order fulfillment programme, developed by solution provider Tyco. ▪
American Express struggles   The credit card company plans to trim US$ 1 billion in expenses over the next two years as it continues to deal with a strong US dollar and fierce competition for its cardholders. Its fourth-quarter profit declined 38% from a year ago. ▪
Dunkin enters SA   A couple of months after US restaurant company Dunkin Brands has announced to open speciality ice-cream shops in South Africa, it has signed a franchise agreement to open as many as 250 Dunkin’ Donuts and 70 Baskin Robbins stores in the country. ▪
insider insights
Radical actions in turbulent times   Asda's decision to join the European Marketing Distribution is seen as a vital strategic measure to keep up with Aldi and Lidl. It comes amid considerations to cut a huge number of jobs. German Retail Blog takes an in-depth look and interviews Asda's Chris West about the changes. ▪
How suppliers avoid mistakes   British supermarkets can be demanding to work with, especially when you are a supplier. Retail expert Darren A. Smith, who worked with over a 1,000 suppliers, shares some insights about the mistakes he saw suppliers make and how to avoid them.  ▪
Relaunch the Rocket   Germany’s startup darling Rocket Internet has seen a slump in its share price, but co-founder Oliver Samwer is optimistic that the company has turned the corner. He talks to German newspaper Handelsblatt about startups and profitability. ▪

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