Hello, dear reader!
AB InBev and SABMiller stay in the headlines as they get closer to a green light in China. Japan's Rakuten and Australia's Amcor streamline their operations in Europe. Metro experiments with robots and Aldi supports sustainability in Africa. In the US, Target approaches its suppliers for help and three Canadian companies report results. Enjoy the read and don't forget to share.
asia & Australia
AB InBev to get Chinese nod The mega merger with competitor SABMiller is close to getting approved in China after both companies agreed to divest some assets. In South Africa, however, the unions are set to fight for better deal conditions which triggered AB InBev to top up its offer for shareholders.
Rakuten targets Germany Following a strategic review of its operations in Europe, the Japanese e-commerce retailer has decided to close its operations in the UK, Austria and Spain. Instead it will focus on Germany and France as markets with potential for sustainable growth.
Metro trials robots The German retail group is testing robot technology from startup company Starship in Düsseldorf, with autonomous robots to help shoppers carry their purchases through a store. Starship believes that they also could be used to make home deliveries for online shoppers.
usa & canada
Target wants suppliers' help The US retailer is requesting its suppliers take on an extra 3-5% of the cost of promotions and price cuts on slower-selling products in several departments. 12 companies have confirmed that they were asked to pay more. Target reported declining sales in its recent fiscal quarter.
Sustainably made shoes Footwear chain DSW takes personalisation to a new level by partnering with 3D footwear printing specialist Feetz to create custom fit, sustainably made shoes. A combination of technology and craft will make new shoes within hours.
Aldi partners for charity The German discounter has formed a three-year partnership with charity Farm Africa to help young people grow and sell more crops (paywall). Aldi will donate GBP 260,000 to the 'Growing Futures' project in Western Kenya, which focuses on sustainable agriculture.