Retail Update - powered by LebensmittelZeitung
Retail Update - powered by LebensmittelZeitung
Thursday, 21 April 2016

Hello, dear reader!
Some of the world's biggest container operators are about to form a new alliance fuelling competition on Asia routes. The Middle and Far East attracts Brazil's biggest meat processor. Beverage giants Coca Cola and Heineken revealed their latest results and online behemoth Amazon ventures into luxury apparels. These stories and a lot more are featured in today's issue.


asia & australia
Shakeup in the shipping world   In a bid to target savings on Asia routes, four big container operators, including China Shipping Group and France’s CMA CGM, announced plans to form Ocean Alliance, a new shipping group that will rival the dominance of Denmark's Maersk Line and Mediterranean Shipping. ▪
Eastern expansions   Thailand is the largest market outside the UK for retailer Tesco. It’s Lotus chain grows further by adding 65 new stores this year +++ Brazilian meat group BRF speeds up its expansion in Malaysia and the Middle East through the opening of a new regional office in Kuala Lumpur. ▪
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Revealing results   Sydney-based global logistics firm Brambles, operating primarily through the Chep and Ifco brands, has lifted its revenue  to US$ 4.36 billion +++ Supermarket chain Coles delivered a 4.9% growth in sales in the third quarter  +++ Sales at restaurants in China rose 6% for US fast food company Yum Brands. ▪
Europe
Wickes takes on Wesfarmers   The British home improvement retailer with more than 200 stores throughout the country and a turnover of GBP 1.1 billion, is poised to cut prices in preparation for increased competition from Homebase’s new owner, Wesfarmers. Homebase will now retail under the banner Bunnings. ▪
Supply chain information   German hypermarket chain Real has tested the integration of a new tracking system to monitor products along the entire supply chain +++ Portuguese retailer Continente has launched an online platform to provide information on the fresh produce supply chain. ▪
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Beating the estimates   Dutch brewing giant Heineken has increased its organic beer volumes by 7% in the first quarter with a positive performance recorded across all regions +++ Sweden-based AR Packaging Group has reported an increase in net sales of 27% to EUR 514 million for 2015 . ▪
USA
Amazon's luxury partnership    The online giant will team up with specialty apparel retailer Moda Operandi. The partnership could help Amazon become a force in apparel, where it has struggled, and pushes its payments operation into brick-and-mortar retail. ▪
More pick-up and pay options   BJ’s Wholesale Club has introduced a new pick-up and pay service. Members of the discount warehouse retailer now have the option to order products online and then pick them up and pay for them at any of BJ’s 213 stores. ▪
Challenges for Coke   The beverage giant’s first-quarter sales and profits exceeded expectations, but analysts are sceptical about its full-year target and reckon that the company is facing a big challenge to its core soda business. New marketing ideas of the soft drink producer are under scrutiny. ▪
developments to watch
Fighting food waste and obesity   UK retailer Tesco has launched an initiative to save Kenyan beans from being dumped each year as part of its efforts to reduce food waste +++  Tax on sugary beverages would prevent South African youth from becoming obese, according to dietary researchers at Johannesburg-based Wits University. ▪
Brexit bad for organic growers   Britain'’s organic food producers could be facing an uncertain future if Britain voted in favour of leaving the EU in June, says its licencing body, OF&G. Businesses may face trade tariffs as well as the possibility of the sterling losing value. ▪

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