Retail Update - powered by LebensmittelZeitung
Retail Update - powered by LebensmittelZeitung
Wednesday, 10 August 2016

Hello, dear reader!
E-commerce players might get easier entry into Asian markets. Alibaba is offering help to international tech firms and India looks at easing the rules for foreign investment. In Europe, Morrisons improves its e-commerce business with online retailer Ocado. German discount powerhouse Lidl is on track in the US, and Brazilian meat company JBS moves its headquarter to Dublin. Have a great day.

asia & australia
Making market entry easier   The government in India has set up a committee to look at easing the policy regime for e-commerce players, including the rules for foreign direct investment. In China, Alibaba Cloud says it will assist foreign tech companies, which face increased government scrutiny, to enter the country. ▪
Fresh food e-tailer expands   Shanghai-based start-up Fruitday, one of China’s leading online fresh produce sellers, has successfully completed another round of financing and will now upgrade its supply chain and logistics facilities to store, ship, and track its goods. ▪
Coles meets customers' needs   The Australian supermarket operator is launching a revamped convenience store format and challenging 7-Eleven with the offer of cheaper coffee and healthier food. To improve customer experience at its checkouts, Coles streamlines operations with NCR (paywall). ▪
Spanish decisions   Carrefour Spain has introduced payment via smartphone at its 122 petrol stations. The system is based on an app called My Carrefour, which is restricted to Spanish Pass card holders. Supermarket chain Mercadona invested EUR 21 million into the construction of a new Data Processing Centre. ▪
Morrisons improves delivery    UK's fourth-biggest supermarket chain has signed a new agreement with online grocer Ocado to enable it to reach more home delivery customers across Britain, paving the way to grow a profitable e-commerce business. Their partnership started three years ago. ▪
Italy fights food waste   A new law that aims to cut down on food waste, has come into force in Italy after it was approved by the Upper House of Parliament. Bureaucracy has been reduced, so it will now be easier for businesses to donate food directly to the needy. The new law also gives tax breaks for giving away food. ▪
usa & Brazil
Lidl gets ahead   As part of its expansion plan in the US, the German discounter is set to build its third massive distribution centre, in Cecil County, Maryland, where it plans to invest US$ 100 million and create 100 full-time jobs. Lidl wants to open its first US-stores no later than 2018. ▪
Relocating plans and profit forecasts   Brazilian meat producer JBS  is moving its headquarters to Dublin. More than EUR 30 billion worth of its assets will be shifted to Ireland +++ Tyson Foods, the largest US meat processor, has raised its full-year profit forecast for the second time as cattle and feed costs decline. ▪
Sustainability and other matters   Whole Foods Market has installed a refrigeration system at one of its Californian stores that emits zero direct greenhouse gases and reuses the heat it creates +++ Sprouts Farmers Market is expanding its private label programme in the deli area to become a ready-to-eat destination. ▪
Surprising discoveries
Barbecues beat Brexit   British consumers put anxiety aside in July, as warmer weather boosted demand for food, drink and summer clothing, according to the British Retail Consortium. Most recent figures from BRC-KPMG Retail Sales Monitor show solid growth in the retail sector last month. ▪
P&G rethinks social media    The US consumer goods giant and one of the biggest advertising spenders has concluded that social media advertising is not always that effective and says it will be spending less on targeted Facebook ads. ▪

If this newsletter was forwarded to you, subscribe here!
For questions or comments please contact us here

To advertise in Retail Update click here

RetailUpdate is a product delivered to you by