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Retail Update - powered by LebensmittelZeitung
Friday, 05 August 2016

Hello, subscribers!
German discounter Lidl announces plans to create jobs in Ireland, Chinese e-commerce behemoth Alibaba finds favour with an American judge, and after four years, Target finally returns Amazon products to its shelves. While in Germany, grocer Edeka fights the blockage of its merger with competitor Kaiser's Tengelmann. All these stories feature in today’s RetailUpdate. Have a great day, and if you enjoy this edition, please share.


asia & australasia
Judge rules for Alibaba   Part of a lawsuit filed by several luxury brands, including Gucci and Yves Saint Laurent, accusing the e-commerce behemoth of promoting the sale of counterfeit goods has been dismissed by a US judge because the facts couldn't sustain the claims. ▪
Woolies launches phantom   Mirroring discount supermarket chains such as Aldi, Woolworth Australia has launched a phantom-owned brand: a private label dubbed ‘Hillview’ that has no mention on the packaging of its ownership. ▪
Acquisitions and retractions    In Vietnam, popular e-commerce site Lingo.vn has closed suddenly, leaving 160 people without jobs +++ A Chinese consortium is set to purchase Australian vitamins and supplements maker Vitaco for more than US$ 239 million. ▪
europe
Lidl creates jobs   As it forges ahead with a EUR 110 million capital investment plan in Ireland, the German discount grocery chain will hire 600 staff over the next two years. Meanwhile, in Germany, Lidl is giving young people a start in retail by creating 1,500 new apprenticeships. ▪
Sainsbury's sets tongues wagging    The UK supermarket chain is trialling an ‘Electronic Tongue’ — a machine that can test up to nine types of pet food to ensure that flavours, such as saltiness and sweetness, meet required standards. ▪
High street interest in BHS    While the majority of the failed high street retailer’s stores will be repossessed by landlords, it has been reported that major retailers, including H&M, Next and Zara, are in discussions to acquire some of the stores. ▪
Edeka goes to court  The German grocer Edeka holds on to its planned takeover of rival Kaiser's Tengelmann. The supermarket group has now taken legal action against a court decision blocking the merger.  ▪

 

usa
Target backtracks   Recognizing that online juggernaut Amazon can’t be stopped, the Minneapolis-based retailer has resumed selling Kindle e-readers and Fire tablets, four years since removing the products from its shelves. ▪
Retailers branch out   Though no time frame is set, Swedish furniture retailer Ikea has earmarked a site 17 miles north of Denver as the location for its second store in the region +++ Following deals made with Dunkin’ Brands, three franchisee groups are set to bring 17 new Dunkin’ Donut shops to Atlanta. ▪
Nike quits golf gear   The US multinational has announced it will phase out its business in golf equipment, such as clubs, balls and bags, in order to focus on golf footwear and apparel. Nike says they will still continue to partner with the world’s best golfers. ▪
thought-provoking reads
Turkish retail post-coup   Since the failed coup d'état in July, Turkey is on edge. German Retail Blog investigates how the upheaval has affected retail in the country and finds out that leading grocer BIM believes that retailers still have strong growth prospects in what has been a dynamic threshold economy. ▪
Fighting obesity   The UK’s largest supermarkets, including Tesco, Asda and Morrisons, are not helping the fight against obesity, says retail comparison company Which? +++ New legislation has been introduced in Chile to ensure food labelling has clear warning signs if a product exceeds limits of ingredients such as sodium and saturated fats. ▪
Scan and pay promotes theft   According to a report authored by University of Leicester criminologists, using mobile scan and pay technology to pay for supermarket items could make it easier to steal as well as diminish shoppers’ perception of legal consequences. ▪

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