Hello, dear reader!
Chinese powerhouse Alibaba gets stronger in its home market with another acquisition. Singapore has a new budget store and India seems to be good location for Tesco. In Britain, Waitrose struck a deal with an online retailer and in the US, Amazon is bringing its bookstore concept to New York, while Stop & Shop turns food waste into energy. Read these stories and more in today's issue.
asia & australia
Budget format in Singapore NTUC FairPrice Co-Operative, the largest supermarket chain in Singapore, has introduced a new banner called FairPrice Shop, which is aimed at cost-conscious shoppers and lower-income families. The retailer also launched a new house brand, Value Fresh.
Accelerating growth rates India is a good spot for UK-based retail chain Tesco as the company’s Indian operations have recorded the highest growth in like-for-like sales +++ Kogan.com, Australia's largest online department store, has chosen this Thursday as its float date on the share market.
Eyeing international presence British supermarket operator Waitrose has unveiled plans to sell more products overseas after striking a deal with online retailer British Corner Shop, which exports British products to over 138 countries, including the US and Germany.
French decisions Retail group Auchan has teamed up with payment solutions provider Oney and MasterCard to support Fivory mobile NFC payments +++ Paris-based food company Danone is in talks to buy a minority share in French firm Michel et Augustin, well known for their premium label biscuits.
Amazon opens in New York The Seattle-based online giant pushes deeper into a market it has come to dominate as it plans to launch another physical bookstore and café in one of the largest retail projects in Manhattan. The company is also changing the way it entices people to buy by eliminating list prices.
Electronic noses and other features Lithuania's retail group Maxima has launched an 'electronic nose' - a mobile tool that enables shoppers to make sure that the food they buy is fresh and of good quality +++ The brand new London flagship store of electronics retailer Dixons Carphone has one of the biggest digital feature walls ever seen in a retail outlet.
Marketing in the cloud The ability to communicate with consumers' mobile devices is crucial for a brand as well as data management and digitalisation. Tencent's Steven Chang discussed with cloud computing strategist Joe Weinman how advertisers can enhance their competitiveness by using cloud technologies.