Conspiracy, on-the-job theft, tax affairs, and withhold bonuses - today's RetailUpdate is heavy on legal issues, which a few retailers have to face at the moment. Other stories include a change at the top in the ranking of Australian companies and new strategies in the US. Enjoy the read and don’t forget to share. Subscription to our newsletter is FREE.
Asia & Australia
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Take a look at thermoanalytical characterization possibilities for foods, being explained on examples such as oils, fats, gummy bears and chocolate.
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Another digital wallet Following last week's move of competitor Flipkart, Amazon India plans to launch a digital wallet. Paytm, the largest player in the mobile payment sector in the country, intends to encourage women sellers on its marketplace.
Agreements and disagreements Global player XPO Logistics struck a multi million pound contract with Aldi UK to support the discounter's existing returnable equipment network. Aldi faces a possible investigation by the advertising watchdog in the UK, after Morrisons and other retailers complained about the company's latest advert.
Apple's e-book conspiracy In a ruling by the US Supreme Court, Apple was found to be part of a price-fixing conspiracy for electronic books. An appeal from Apple has been declined and a US$ 450 million settlement is to be paid.
Amazon's security measures Taking a U-turn course, the online giant will let customers encrypt locally stored data on their Fire tablets, an option removed from devices in late 2015. In its combat against on-the-job theft, Amazon plays alleged cases of such offences on flatscreen TVs to its workforce each morning.
Implementing reforms After a successful trial of the format, the US arm of Dutch multinational Ahold will rollout its revamped in-store bakeries nationwide +++ Whole Foods follows the trend of selling 'ugly' vegetables, teaming up with startup Imperfect Produce +++ Targeting Generation Y, Target will invest significantly into signature categories kids, baby, style and wellness.
Developments to watch
Paying 'hands free' Google has launched a pilot payment programme which requires only a user's face and a moment's conversation to purchase something.