Retail Update - powered by LebensmittelZeitung
Retail Update - powered by LebensmittelZeitung
Wednesday, 16 March 2016

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.


asia
Walmart stays in Japan   The world's biggest retailer has no plans to withdraw from Japan, but plans to remodel existing stores amid fierce competition, uncertain economic times and consumer reluctance to spend freely. The company might even open new stores if good locations can be found. ▪
Rural and urban potential in China   E-commerce giant Alibaba plans to train one million teenagers in rural China to help them start their own online businesses, taking e-commerce to the country's vast rural areas +++ Yum Brands, the owner of the KFC and Pizza Hut chains, will open its first Taco Bell restaurant in Shanghai by the end of 2016. ▪
Indian sales talk tales   Flipkart is considering selling itself to Amazon according to a number of Indian investors; however, India's largest online retailer denied that it is up for sale. Rival Snapdeal has announced that customers have made over 1 million transactions for bill payments since the service was launched last month. ▪
Europe
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. ▪
Healthy results in Britain   Sainsbury’s has revealed its first quarterly sales growth in more than two years and online retailer Ocado managed a double-digit increase, but both companies did not provide news on possible overseas partnerships or takeovers. ▪
Delivery partnership   After a successful pilot run, Parcelshop, the click-and-collect service of delivery company Hermes, will soon be available in 450 Co-operative stores across Britain, making the retailer one of Hermes' biggest business partners. ▪
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. ▪

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