Retail Update - powered by LebensmittelZeitung
Retail Update - powered by LebensmittelZeitung
Wednesday, 21 September 2016

Hello, dear reader!
Tesco ramps up its e-commerce operations in Thailand and Baywa-subsidiary T&G goes online in New Zealand. France's Casino and Conforama form a purchasing alliance. Unilever acquires in the US, where Walmart consolidates its deal with Jet.com. Finally, Lidl wants to be the first discounter to stop selling plastic bags in Germany. Enjoy your Wednesday bulletin and don't forget to share.


asia & New Zealand
Online efforts   Tesco Lotus has introduced Lazada kiosks at its convenience stores and supermarkets in Thailand. In New Zealand, Baywa-owned fruit marketer T&G Global has launched what it believes is the world'’s first online ordering platform, FirstPick.co.nz, for the wholesale produce sector. ▪
Trade agreements   The New Zealand government has given the final go-ahead for meat cooperative Silver Fern Farms to sell a 50% stake to Shanghai Malin for NZ$ 261 million. In Korea, recent trade agreements with major fruit exporting countries saw the sales of imported kiwi fruits soar, according to leading retailer Emart. ▪
Dairy decisions   Fonterra has again raised its forecast milk pay out, which some see as a sign that the global price slump is coming to an end. Canterbury-based Synlait Milk will spend about NZ$ 300 million in capital expenditure to expand its infant formula and value-added cream manufacturing facilities. ▪
europe
Unilever goes green   The Anglo-Dutch consumer goods giant agreed to acquire US company Seventh Generation, known for eco-conscious cleaning products. This comes after Unilever talked with Jessica Alba's Honest Company, maker of chemical-free household goods, about a potential acquisition last week. ▪
Powerful partnerships   French retailer Casino and furniture chain Conforama have teamed up to create a purchasing alliance with a combined EUR 1.3 billion purchasing power. British Co-op Group partners with Microsoft to open a convenience store in Reading. Investment is said to be over GBP 1 million. ▪
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Positive outlooks   British DIY retailer Kingfisher has shrugged off Brexit fears and posted a sharp rise in first-half profits. Figures from Kantar Worldpanel and Nielsen show that sales for Britain's big four supermarkets show early recovery signs. ▪
usa & canada
Approaching new customers   Having completed its billion-dollar acquisition of start-up Jet.com, Walmart is ready to service a new online customer base +++ Drugstore chain Walgreens collaborates with health care company EnvisionRx to offer a test programme for “improving health in a rising number of patients with chronic conditions”. ▪
Toys 'R' Us thinks smaller   Dave Brandon, CEO of the US toy chain, is set to revive the company's appearance and revealed in an interview with Bloomberg that he wants to open stores, which are only a quarter of the size of a typical Toys 'R' Us outlet. He also aims to make the stores more fun to visit. ▪
Eataly enters Canada   The Italian food marketplace plans to open its first Canadian location in 2019 in Toronto and is partnering with the Selfridges Group and Terroni Restaurants for its entrance to the country. Eataly first opened in Turin in 2007, and is known as a place to shop for high-quality products. ▪
sustainability matters
Reducing waste   Lidl aims to be the first discounter in Germany to stop selling plastic carrier-bags in 2017. The move will save around 3,500 tons of plastic +++ The CEO of Britain's leading organisation for frozen food products is convinced that investing in frozen food will help reduce waste. ▪
Whole Foods cares for environment   The Texas-based organic grocer has reached a US$ 3.5 million settlement with the Environmental Protection Agency over its violation of hazardous waste regulations and says it has improved its systems to better track waste. ▪

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