Retail Update - powered by LebensmittelZeitung
Retail Update - powered by LebensmittelZeitung
Wednesday, 15 June 2016

In Norway, the first brick-and-mortar supermarket enters the e-grocery scene. Ericsson's austerity plans might mean mass dismissals in neighbouring country Sweden. Alibaba, on the other hand, expects to continue to expand its empire, while a recent report reveals insights about the contents of Amazon's warehouses. Enjoy the read!

Asia & Australia
Alibaba thinks big   The Chinese e-commerce behemoth expects its number of customers to quadruple by 2036 and its revenue to nearly double to US$ 912 billion by 2020. The high quality of fake products hampers the battle against counterfeit goods. ▪
Pushing into Asia   While London-based packaging company DS Smith launches in China this summer, food services major Jubilant FoodWorks will improve its footprint in India by adding another 14o Domino's Pizza and 20 Dunkin' Donut's outlets to its store numbers. ▪
Meat becomes cheap   The Australian supermarkets are taking their battle to the meat counter, where they undercut each other's prices. ▪
Times of crisis   Due to slowing marktets, Swedish technology multi Ericsson reportedly plans severe cost cuts, which involve the layoff of thousands of staff. In Britain, Sir Philip Green, previous owner of collapsed high street chain BHS, will appear in a parliamentary hearing today.  ▪
New services   Norwegian market leader NorgesGruppen pioneers as the first brick-and-mortar grocer in the country to launch an online service. Carrefour France will be among the retailers who will soon accept Apple Pay in the course of the expansion of the digital wallet service to France, Hong Kong, and Switzerland.  ▪
Bound to buy local   Last week, Romania adopted a law that at least 51% of the products sold by retailers need to be produced in Romania +++ Carrefour Romania followed a notification from the competition authority in connection with its takeover of Billa and will give up three supermarkets in the country. ▪
Social media strategies   A new ad feature by social network Facebook allows retailers to track how many people who see the interactive maps of their stores on the platform, actually visit the physical store. Snapchat aims to become a billion dollar company by  implementing advertising strategies that resemble those of other social media services. ▪
Some strive, some struggle   While technology repair company uBreakiFix expects to grow its store numbers from 200 to 275 by the end of the year, media retailer Hastings has filed for bankruptcy, putting the future of 126 stores at risk. ▪
Product range revelation   A recent report by 360pi reveals details about e-commerce giant Amazon’s product assortment that have never been readily available before. ▪
events & celebrations
Shopping for Ramadan   As the religious holiday is a time when consumers seek specialized goods,  the established British supermarkets expect extra sales, fighting back the fierce competition of the discounters. Recent analysis for the UAE shows that the month of Ramadan calls for more consumer spending. ▪
Football feelgood   Retailers hope that some of the football feelgood factor will  have an impact on their sales during the UEFA Euro 2016. Advertising and marketing strategies differ from those during the FIFA World Cup. ▪
Special treatment   In Ireland, employers are advised to take a “pragmatic approach” towards their staff with a keen interest in soccer.  ▪

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