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.
asia & south pacific
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.
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.
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.