Aldi is hiring in the UK, Rakuten closes marketplaces in Southeast Asia, and Whole Foods has a new idea how to attract millenials. Find out about these stories, changes on the executive floor, legal issues and more. Enjoy and please keep on sharing RetailUpdate!
asia & Australia
Consumers want naturalness and clear information
An independent consumer study shows: consumers wish for natural food and drink with easy to understand ingredient information, especially when it comes to colour.
Find out how food and drink manufacturers can meet today's consumer demands.
Brantano jobs saved An acquisition of most of the shops and small concessions of the British discount shoe chain Brantano, which went into administration last month, saved about 1,400 retail jobs. The deal is controversial as the buyer, private equity firm Alteri, owned Brantano before it collapsed.
99p acquisition harboured hidden losses Recent accounts revealed that the UK discount chain's losses were worse-than-expected long before the takeover through its competitor Poundland was finalised.
Exec changes As Jodee Kozlak moves on to become global HR chief for Alibaba Group, Stephanie Lundquist will take over as HR chief at Target +++ After the sudden departure of Victoria's Secret CEO Sharen Jester Turney, Leslie Wexner will take over the role +++ Christophe Guille has been appointed as PepsiCo's general manager of its newly formed division for Central Europe and Greater Balkans.
Carrefour investigated The French retailer has had its offices searched as part of an investigation into its commercial negotiations. Milk and meat producers in France have protested repeatedly about aggressive pricing pressure from retailers.