Retail Update - powered by LebensmittelZeitung
Retail Update - powered by LebensmittelZeitung
Friday, 09 September 2016

Hello, subscribers!
Japanese mobile device users will soon have access to Apple Pay; in the UK, Amazon Fresh expands its London footprint, and in the USA, due to sustainable practices, Coca-Cola HBC Group has been named a Global Beverage Leader. Have a great day, and if you enjoy this issue, please share.

asia & australia
Metro goes green in China   In a move that will help cut its energy consumption in half, the German retail giant has opened its first global green store in China. The store, in the Pearl River delta city of Dongguan, will utilise solar and wind power. ▪
Happenings Down Under   On October 13, H&M will open a new store at the revamped Chadstone shopping centre in Dandenong, Australia. This will be the Swedish retailer’s fourth store in the state of Victoria +++ Australian fast-fashion retailer Cotton On will open 250 new stores worldwide this financial year, which will push revenue past AUS$ 2 billion, making it a truly global business. ▪
Apple Pay is coming to Japan   From October, Japanese mobile device users will have access to the iconic US company’s contact payment technology, which enables single-touch payments with a credit or prepaid card, in stores or online. ▪
Amazon Fresh stretches farther   The US e-commerce behemoth had added 62 London postcodes to its Fresh service. Amazon’s food delivery service is now available in 190 parts of Britain's capital city. ▪
Supermarkets doing good    UK Supermarket giant Tesco is giving small suppliers a break and has slashed its payment terms from 30 to 14 days +++ Some good news for shoppers: Morrisons has launched "checkout promise", which means they will open an extra checkout if there is more than one person ahead in a queue. ▪
Retailers go private   French supermarket chain Intermarché has launched private-label milk brand Lait d’Ile de France at all of its retail stores +++ In Italy, thanks to an increase in organic and premium product sales, private-label products have seen a growth of 1.8% in the first half of 2016. ▪
Coke bottler acknowledged   For the third time, the Coca-Cola HBC Group has been judged Global Beverage Leader by the Dow Jones Sustainability Indices (DJSI) for its "robust, transparent and consistent sustainability performance" +++ Meanwhile, Walmart has removed a coke can display that was stacked to look like the World Trade Centre after receiving criticism online. ▪
Rebrands & arrivals   By mid-October, as part of a strategy to focus their marketing on one brand, nine Albertsons stores in Denver, USA, will be rebranded under the Safeway banner +++ Milan-based retailer 10 Corso Como will open its first US store in New York in June 2017. ▪
Cash is king   Though more and more shoppers are paying for goods and services digitally, in recognition that there is still plenty of physical money about, United Supermarkets have implemented VeriBalance, a currency management platform that enables them to handle cash more efficiently and free up staff to spend more time with customers. ▪
consumer trends
Lifestyle creates opportunity   According to a lifestyle survey from HSBC, young and wealthy Chinese prefer spending their money on entertainment, travel, e-commerce and healthy living rather than traditional shopping. The survey highlights those likely to benefit from this trend. ▪
Sugar tax to hit energy drinks   Most UK sports and energy drink users say their consumption will decline when sugar tax comes into effect in April 2018, according research by Mintel. The research revealed that 32% would cut back consumption and 20% would stop all together. ▪

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