Convenience store chain 7-Eleven has reached a milestone in Malaysia; in the UK, Sainsbury’s will soon open a new distribution centre that promises new jobs, and USA’s Amazon loses a big customer. Have a great day, and if you enjoy the read, don’t forget to share.
asia & australasia
Sainsbury’s creates jobs In Autumn, Britain’s second-largest supermarket chain will open its first distribution centre dedicated to online grocery orders in London. This ‘dark store’ is expected to create 900 jobs. Sainsbury's traditional strategy for online groceries has been to pick orders from its network of supermarkets across the UK.
Seller sacks Amazon German footwear company Birkenstock will no longer sell their sandals on the e-commerce behemoth's website because of an increase in counterfeit products. They have also banned sales of their product on Amazon by third-party sellers +++ In other news, Amazon Prime has added to its many member benefits: discounted private student loans.
Jumia makes top 50 Africa’s largest online shopping mall has been recognised by the Massachusetts Institute of Technology (MIT) as one of the smartest companies of 2016. They were 47th on the list.
Fined for collusion South African margarine and cooking oil manufacturer Sime Darby Hudson Knight has agreed to pay a fine for colluding with Anglo-Dutch company Unilever. The Competition Commission ruled that between the two companies it was agreed that the former would service the industrial market and the latter retail.