Hello, dear reader!
Exciting store formats are being launched in the United States. One of them is Ikea's most sustainable outlet to date in Halifax and another one is an innovative campus supermarket, which will "make shopping a pleasure". Consumers in Britain might also be pleased by the announcement of Asda & Co. to cut the fuel prices. Have a great start to the week and don't forget to share our newsletter with your colleagues.
asia & australasia
Chinese manufacturers sparkle The country’s leading home appliance maker Haier said its profit jumped 20% to US$ 2.7 billion in 2015, despite falling global sales +++ Smartphone maker Xiaomi aims to sell double the number of handsets offline in China and ramp up sales through retailers.
FOODBOARD™ – Cartonboard with functional barrier for sustainable and safe food packaging
With FOODBOARD™, Mayr-Melnhof Karton has developed the next generation of cartonboard which ensures highest product safety: FOODBOARD™ shields packed food against the migration of defined unintended substances such as mineral oils, phthalates, DIPN and bisphenol A and provides protection against cross-contamination during transport, storage and at the point of sale.
Lidl supports Gaelic football The German discount powerhouse, which has just detailed its US-expansion plans (paywall) and guidelines for potential suppliers in a new website, has announced plans to invest EUR 1.5 million in the Ladies Gaelic Football Association in a bid to become the biggest supporter of women’s sport in Ireland.
Slashing fuel prices British supermarket operators Asda, Tesco and Morrisons are the first retailers to cut the price of diesel in response to the slump in global oil prices. Fuel price campaigners believe motorists are being denied even larger savings.
usa & canada
Innovative store concepts Swedish furniture icon Ikea will build its most sustainable store to date in Halifax. It will feature a special focus on energy efficiency and waste management +++ Supermarket operator Publix is determined to "make shopping a pleasure” when it opens a new small-format store on a university campus in Florida.
Another CEO for Radioshack The consumer electronics chain has lost its top boss after he served only nine months on the job. Ron Garriques has stepped down and the company's CFO, Gordon Briscoe, will serve as interim CEO until a replacement is found.
Gap goes green The San Francisco-based clothing chain is one of the first major retailers to commit to cutting its absolute greenhouse gas emissions after the landmark climate change agreement in Paris. Gap wants to halve emissions at its stores, offices and distribution facilities around the world.
Hellofood partners in Nairobi KFC Kenya and sea food restaurant Ocean Basket have teamed up with the online food delivery service to sell food across the country's capital. The robust online market in Kenya is fuelled by a young tech-savvy generation and a rapidly ballooning middle class.