Hello, dear reader!
A million-dollar deal in the spirits industry is taking shape in Europe and some interesting merger talks are reportedly going on in India. America's largest retailer commits to Japan, while delivery options remain a hot topic in its home country. These stories and a lot more feature in today's issue. Feel free to share.
Campari acquires in France Italy’s Gruppo Campari, the world’s sixth largest spirits company, has agreed to buy the Grand Marnier group in a deal that values the French distiller at EUR 684 million and highlights the scope for consolidation in the still-fragmented spirits industry.
USA & Canada
Instacart teams with Giant Foods The California-based grocery-delivery service, which delivers for Whole Foods, has signed a partnership with the Maryland-based supermarket chain for delivery in the Washington market. Here is what consumers need to know about Google's Express, Amazon's Prime Fresh, and Instacart.
Shipping agreements Online marketplace Ebay is extending its partnership with Silicon Valley-based on-demand shipping startup Shyp to help people mail out their items with less hassle +++ Package delivery company UPS has announced it will spend US$ 100 million to buy hundreds of new trucks that will run on alternative fuels.
Amazon to offer pay by selfie The Seattle-based online retailer has filed a patent application for its pay-by-selfie technology, allowing shoppers to complete their purchase with a quick picture. The company argues that its two-photo “selfie pay” system is more secure than some other processes.
Developments to watch
Store with no staff in Sweden The world’s first supermarket to operate with no staff, aside from a single ‘store operator’, has opened its doors in Viken. Shoppers buy items with their phones by using the Näraffar (shop nearby) smartphone app to scan a purchase.
Smart city Adelaide The capital of South Australia will become a laboratory for the Internet of Things. The goal is to identify ways in which emerging digital technologies can improve how a city functions, whether by avoiding traffic congestion, reducing carbon emissions or enhancing personal safety.
Startup competition in Israel German energy giant RWE wants to invest in Israeli technologies, mainly in logistics, retail trade, and cooperative ventures, and has announced its first startup competition in the country.