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Retail Update - powered by LebensmittelZeitung

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Unmanned delivery seems to be the road to the future. Google is joining the circle of companies with a plan - and a patent. Amazon and New Look won't be intimidated by the turbulent economy in China. Find out about these stories and more. Feel free to share!

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Asia
Amazon enlarges   The online giant pumps another major capital infusion in its Indian unit. This one being the largest single infusion of capital by Amazon in India so far, close to US$ 300 million. In China, the powerhouse is expanding its logistics operations ▪
New Look trusts China   The clothing retailer, which reports UK like-for-like sales rise by 4.3% in Q3, continues its expansion in China and expects to have 85 stores open there by the end of this financial year. ▪
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Beers and biscuits   While the overall Indian beer market is growing at about 5% a year, Danish  Carlsberg succeeded in doubling its business in the country every two years +++ Thanks to high biscuit sales, Wadia Group-owned Britannia reports a 51% rise in quarterly profit.  ▪
europe
Creditable performances   Latest Kantar Worldpanel findings for the UK grocery market in the past 12 weeks reveal Sainsbury's outperforming its rivals, an easing decline for Tesco, and the Co-op being the fastest growing non-discounter. ▪
Partners and cooperations   Arla Foods has entered a new three-year contract to supply 1.5 billion litres of own-brand milk to British supermarket giant Asda +++ Finland's Kiska and Sweden's ICA have started a sourcing cooperation, mainly from the Asian market. ▪
Yoox Net-A-Porter thrives   The recently merged Italian-headquartered online fashion retailer experienced an m-commerce boost and posted a revenue growth of 30% to EUR 1.7 billion in 2015. ▪
USA & Canada
Self-driving delivery   Google seems to be preparing its entry into autonomous package delivery as it has been awarded a patent which reveals plans for driverless trucks with lockers inside the cargo area and a pin code that grants customers access to their packages. The company has not commented on its plans for the patent. ▪
Taken to the Authorities   Coca Cola, which has just reported revenues for the last three months of 2015 that exceed estimates, awaits a US ruling in its attempt to trademark "zero" for its diet drink brands +++ British Burberry accuses US retailer J. C. Penney of trademark infringement regarding its signature "Burberry check" pattern. ▪
Stores close, change hands   Following comparable-store sales declines, Sears will speed up the closing of at least 50 underperforming stores +++ Key Food Stores Co-Operative has acquired the SuperFresh brand from bankrupt A&P. ▪
Holiday trends
'Year of the Fire Monkey' abroad   While many US retailers have jumped at the chance of a promotional opportunity at the Lunar New Year, the highest-grossing mall in the country South Coast Plaza is aiming to attract wealthy Chinese tourists. Shopping centres in other countries too, such as Sydney's The Galeries, join in the celebrations. ▪
Valentine is a global player   The average US consumer will spend US$ 147 on gifts, spending in the UK is forecast to reach GBP 980 million, GBP 15 million more than last year, and in India, e-tailers embrace the supposedly romantic holiday.  ▪

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