Latest grocery share figures from the UK show record results at both ends of the scale. Over in the US, the battle against credit card companies continues. As a pharma dealmaker, the designated Nestlé CEO Ulf Mark Schneider is poised to influence the future strategy of the global food behemoth. Find out about these stories and more, while Brexit still infiltrates many pieces of news.
asia & australia
Records on record While sales at all four major supermarkets slumped with Asda’s sales sliding by a record 5.9%, the German discounters continue to see a double-digit growth in the UK. A similar picture is painted by the industry watchdog as it finds Morrisons, Asda and Iceland to be the grocers who treat their suppliers the worst, while Aldi was rated best.
Little demand for Sports Authority Contrary to previous rumours, bids received for what used to be one of the largest sporting goods chains in the United States, show only muted and scattered interest in the 464 Sports Authority stores. Dick's Sporting Goods submitted a bid for 17 sites.
developments to watch
Adopting neuromarketing While studying a person's brain activity to see his or her response to marketing stimuli is not new, it is being implemented by a growing number of brands.
Airport shopping slumps As another piece of evidence of the uncertain condition of brick-and-mortar retailers, duty-free shopping sales fell more than 2% last year from 2014 in its first year-over-year decline since 2009.