Retail Update - powered by LebensmittelZeitung
Retail Update - powered by LebensmittelZeitung
Friday, 02 September 2016

Hello, subscribers!
Alibaba Cloud has entered a partnership to help drive technology innovations in Singapore; in Europe, Sainsbury’s hands over 281 pharmacies, and Spanish chain Mercadona opens in the Basque region. Over in the US, Walmart cuts 7,000 jobs to improve customer service. Have a great day, and if you enjoy this edition, please share.


asia
Alibaba Cloud helps start-ups   The Chinese e-commerce giant, in partnership with Infocomm Investments, plans to stimulate technology innovations in Singapore by using its cloud computing services in conjunction with Infocomm’s existing start-up initiatives.  ▪
Xiaomi launches mobile payment    Following on the heels of Samsung and Apple, the Chinese smartphone company has launched its own mobile payment service. ‘Mi Pay’ is supported by 20 domestic banks, including the Bank of China, for debit and credit cards. ▪
Malaysian retail manoeuvres   At the end of the month, American fashion label Old Navy, which is owned by clothing retailer Gap, will open its first store in Malaysia in Kuala Lumpur +++ In an effort to raise more than US$ 400 million, the parent company of Pizza Hut Malaysia, QSR Brands, has announced plans to relist. ▪
europe
Sainsbury’s gives up pharmacies   Following approval from the competition watchdog in July, the UK retailer has now handed over control of its 281 pharmacies to LloydsPharmacy.  In other news, Sainsbury’s will give away one million fridge thermometers as part of an initiative resulting from recent food waste trials. ▪
Sustainability initiatives   French retail leader Carrefour is asking companies to pitch ideas on how to reduce food waste in any part of its supply chain +++ Meanwhile, Swedish fashion retailer H&M is offering a EUR 1 million grant to five innovators who can reduce the impact industry has on the environment. ▪
Mercadona opens in Eibar   The family owned Spanish supermarket chain has invested EUR 3.4 million to open a new store in Eibar, Spain, which will provide stable employment for 40 people and incorporate environmentally friendly and energy-saving principles. ▪
usa
Walmart cuts jobs   In an effort to improve customer services by redeploying staff, the big-box retailer will eliminate around 7,000 back-office positions at its US stores over the coming months, mainly in the areas of counting cash and managing invoices. ▪
Amazon keeps growing   As it strives to speed up its delivery service, the e-commerce behemoth is gearing up to open a new fulfilment centre in Monee, Illinois. This is the third warehouse planned for suburbs in Chicago +++ Real Estate Company Preit has unveiled Amazon lockers at 15 of its East Coast malls, becoming one of the first mall owners to embrace the service. ▪
Meijer to deliver   On September 15, in a move to help time-poor shoppers, the US retailer will launch an app-based grocery delivery service in Detroit and South-eastern Michigan. Customers will be able to choose from 55,000 items across 25 stores. ▪
thought-provoking read
Burberry best on & offline   In a new Mobile Retail Report by e-commerce company Ampersand, Burberry has been judged best out of the 162 multi-channel retailers surveyed in the UK. The report analysed each retailer’s online platform in relation to stock checking, ease of use, date capture and the check-out process. ▪

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 lebensmittelzeitung.net

ImprintArchive