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

Hello, dear reader!
The competition between Germany's most successful discounters is heating up. In response to Aldi expanding in Australia, Lidl is reportedly still considering to launch Down Under. Over in the US, another delivery combatant wants to expand its reach, while mergers, acquisitions and ambitious growth plans are taking place in India and Africa. Enjoy the read and have a great start to the week.

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asia & south pacific
Challenges for Aldi in Australia   The German discounter will open up to 50 stores in South Australia during 2016, but might find the market conditions there more challenging according to the Australian Retailer Association. Another threat comes from arch-rival Lidl, which is reportedly still keen to launch Down Under. ▪
JD.com tests drones   The Chinese online retailer seeks a faster way to reach customers in hard-to-access rural areas and is conducting trial deliveries using unmanned aerial vehicles, otherwise known as drones. The company plans to roll it out for delivery in rural China ▪
Capespan acquires in India   The produce multinational has expanded its Asian investments and purchased a 35% stake in the Yupaa Group, a family owned business based in Mumbai, one of the country's largest diversified fruit importers and distributors. ▪
Ramping up and trimming down  E-commerce majors Amazon and Flipkart have more than doubled their storage space as more sellers come on board. Meanwhile, top online fashion retailers Myntra and Jabong plan to reduce discounts in a bid to reduce their mounting losses. ▪
 europe
Lidl speeds up in Britain    The German discounter has issued 48 planning applications for new supermarkets, almost three times more than competitor Aldi. In other news, Lidl, which is already the third biggest retailer of certified sustainable seafood, has promised to source its entire supply of bananas from sustainable sources (paywall). ▪
Tesco teams up with dairy giant   The UK supermarket operator, which just ended 24-hour shopping at 76 of its stores, has announced a new partnership with milk producer Müller Milk and Ingredients. Tesco is also set to make changes to the way it works with its fresh produce suppliers by bringing in longer-term contracts. ▪
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Pernod Ricard buys Monkey gin    The French producer of distilled beverages has acquired a majority stake in Black Forest Distillers, the maker of Monkey 47 gin, extending Pernod Ricard's footprint in the super-premium gin category. ▪
usa & canada
Delivery battle continues   UberRush is not the only online delivery provider looking to expand its reach. Same-day delivery provider Deliv has revealed relationships with several top retailers and e-commerce platforms, including Macy's, Best Buy, Kohl's, and Walgreens. ▪
Enhancing shopping experience   Drugstore chain Rite Aid announced a big push behind its loyalty card scheme 'Wellness+' with over 14,000 products participating in the promotion +++ Grocery food chain Food Lion has hit 1 million Facebook fans and celebrates this milestone by donating 1 million meals to those in need. ▪
Sport retailer axes 100 jobs   Colorado-based Sports Authority has laid off 100 employees, mostly from its corporate headquarters, as the athletic retail market grows more competitive. The sporting goods retailer is reportedly struggling to avoid bankruptcy.  ▪
africa
Coke invests in Nigeria   In a bid to expand its African portfolio, beverage giant Coca-Cola has acquired a minority stake in Lagos-based dairy, snack and juice company Chi +++ Meanwhile, Nigeria’s e-commerce sector is getting a big shake-up with multiple management restructures. ▪
Diageo expands in East Africa   The Kenyan unit of the London-based beverage giant plans to start operating in the eastern Democratic Republic of Congo as part of a strategy to grow its market in the region. It will also boost volumes in Rwanda and Burundi. ▪

 


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