Yesterday's prediction of an imminent administration of BHS has proven to be true, Target has trialled a new fruit and veg price labelling system, and Mondelez has launched its largest plant in the Asia-Pacific region to date. Find out about these stories and more, including German Retail Blog's not-to-be missed look at the big spendings of Lidl-operator Schwarz Gruppe.
Asia & pacific
Mondelez produces full-scale The maker of Cadbury chocolates and Oreo biscuits has started production at its largest plant in the Asia-Pacific region. The Illinois-based conglomerate invested US$ 190 million in the factory in Sri City, Andhra Pradesh.
Rocket Internet sells another business Following reports that the startup studio was trying to shed more businesses, the Thai and Vietnam businesses of its fashion site Zalora are being acquired by Thai Central Group, one of the largest retail players in the Southeast Asian region.
Ardagh 'can' acquire plants The Luxembourg-based metal and glass packaging group becomes the world’s third largest beverage can manufacturer thanks to a US$ 3.42 billion deal with US packaging group Ball and UK peer Rexam.
Not as fresh but cheaper In a SuperTarget store in Minnesota, the supermarket chain has tested a labelling system for its fruit in order to find out if customers would be willing to buy fruit that arrived in the shelves earlier if they had to pay less for those.
Big on tech As the only retailer on the top 10 list of companies' investing in IT, Walmart spent more than any other company in this field globally in 2015, at a scale of more than US$ 10.5 billion, according to a study by IDC +++ Starbucks bulks up its technology team with 100 new jobs to be filled.
Meaty flavours Euromonitor International took an in-depth look at the fresh food industry and surprises with encouraging results. The report found global meat consumption to have increased year-on-year. However, the consumption of beef and veal has declined.
The millenials' way A new report by Packaged Facts makes out five main trends in the US millenials' role as culinary consumers.