Retail Update - powered by LebensmittelZeitung
Retail Update - powered by LebensmittelZeitung
Monday, 06 June 2016

Hello, dear reader!
Two Japanese giants, retailer Lawson and cosmetics firm Shiseido, are expanding in the US, where market leader Walmart gets competitive by partnering with Uber. Over in Germany, Metro Group's hypermarket chain Real achieved a breakthrough in tariff debates, while in South Africa one major union has started to oppose AB InBev's mega brewer deal. Get informed and have a great start to the week.


asia & australia
Japanese expansions   Tokyo-based cosmetics maker Shiseido seeks growth in the luxury and anti-ageing products market and has agreed to buy Texas-based Gurwitch Products +++ Convenience chain store operator Lawson is also determined to accelerate overseas store openings and is studying possibilities in Europe and the United States. ▪
Nestlé and Alibaba strengthen ties   The Swiss food giant plans its biggest e-commerce campaign ever to revive its struggling Chinese business and has upgraded its partnership with China's online megaretailer. In other news, Softbank is selling a further US$ 1.1 billion of its shares in Alibaba, bringing the total to US$ 10 billion. ▪
Taking on Metcash   A new company called Independent Retailers Exchange is planning to launch as a wholesaler in opposition to Australia’s No. 3 grocery business, Metcash, as retailers seek alternatives in order to better compete with Woolworths, Coles, and Aldi in the long term. ▪
europe
Breakthrough in wage debate   Metro Group's planned EUR 1 billion investment in the modernisation of its Real hypermarkets is a step closer as the retailer and Verdi trade union have agreed upon key parameters for a future package. ▪
Teaming up to grow   Finnish food-packaging leader Huhtamaki is on the hunt for acquisitions as it seeks to expand in new areas, mainly in southeast Asia and Africa, and an Italian alliance sees food retailer Eataly partnering with catering company Autogrill to create a new format called 'Eataly x Autogrill'. ▪
ADVERTISEMENT
 
Measures for e-commerce   Online sales in Europe are on course to surpass the EUR 500 billion milestone in 2016. In order to buy and sell goods online more easily and confidently across Europe, the EU Commission has presented a new plan. Here are some reactions to it. ▪
usa & canada
Walmart seeks momentum   After showing off its use of drones in warehouses, the American retail titan has intensified its challenge to its biggest rival, online behemoth Amazon, by unveiling a partnership with car-hailing services Uber and Lyft to trial a new online delivery service. ▪
Streamlining operations   Canadian retailer Loblaw has closed its Joe Fresh store in New York City, ending its brick-and-mortar presence in the US. Australia-based Treasury Wine Estates is selling a winery in California, and US beverage company Constellation Brands is seeking a valuation of C$ 1 billion for a possible initial public offering of its Canadian wine business. ▪
Meijer invests in Michigan   The US big box retail chain, which operates 226 supercentres and grocery stores, is about to expand its footprint across the Grand Rapids by opening a new supercentre in Sturgis as part of a US$ 400 million investment. ▪
africa
Challenges for mega brew deal   AB InBev is facing new opposition to its SABMiller acquisition in South Africa as the Food and Allied Workers Union opposes the shareholder handling programme. In other news, the world's largest brewer is teaming up with coffee giant Starbucks to join forces on tea distribution. ▪
KFC quits Botswana   After operating in the southern African nation for 20 years, the economic downturn has forced the American fast food restaurant chain to close its 12 outlets in Botswana, resulting in the loss of 400 jobs. ▪

If this newsletter was forwarded to you, subscribe here!
For questions or comments please contact us here

To advertise in Retail Update click here

RetailUpdate is a product delivered to you by lebensmittelzeitung.net

ImprintArchive