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Retail Update - powered by LebensmittelZeitung
Friday, 23 September 2016

Hello, subscribers!
In India, Future Group purchases a grocery chain; in France, Carrefour experiments with a queue-management app; and in the US, e-commerce giant Amazon continues to expand with new offerings. Have a great day, and if you enjoy this issue, please share.

Future Group buys chain   Consolidating its standing as India’s largest grocer, the private conglomerate has purchased grocery chain Sangham Direct. Instead of cash, the purchase will be by way of a lease transfer. ▪
Apple expands in Hong Kong   To mark five years in the region, the US technology giant has opened a sixth store in the district of Kwun Tong, bringing its number of shops in China to 43. ▪
China lifts beef ban   Effective immediately, the country will now allow the importation of some US beef products. A ban was originally imposed on bone-in and boneless beef from the US in 2003 after a case of mad cow disease was discovered in Washington state +++ Indonesia has lifted restrictions on imports of secondary cuts of Australian beef, including lungs and offal. ▪
Carrefour queue tests    The French hypermarket chain is testing an app called 'JeFile' that enables shoppers to join a 'digital queue'. Via their phones, customers receive a waiting time and are then notified when to go to the checkout and pay. In other news, Carrefour and fellow French retailer Cora are now selling each other’s private label products. This follows on from their purchasing cooperation agreement signed in 2014. ▪
Spanish expansions   Department store group El Corte Inglés has extended its fast delivery online shopping service, Click & Express, to 10 more Spanish cities, taking the total to 37 +++ According to real estate firm CBRE, rent for premium retail units in Spain rose between 5 and 10 % in 2015. This is due largely to increased consumption and more brands wanting to expand in the country. ▪
Fighting waste   A new shop  in the UK  is selling stock that would otherwise be thrown away. The Real Junk Food Project, based in a Leeds warehouse, takes donations from supermarkets including Sainsbury’s and Morrisons. ▪
usa & Canada
Amazon diversifies   The US e-commerce giant has introduced Amazon Prints, which enables customers to print photos and custom photo books. The company has also launched Handmade at Amazon in Europe. The online marketplace features 30,000 handcrafted products from artisans throughout Europe. ▪
Walmart extends partnership   While the dispute with Visa over fees continues, the US retailer’s Canadian arm has extended its partnership with Chase Bank. Credit and debit card payments across more than 5,000 locations of Walmart and Sam's Stores will now be processed on ChaseNet, the bank's closed-loop network. ▪
7-Eleven’s bold ambitions   The convenience store chain’s parent company, 7-Eleven Japan, has announced plans to more than double its presence in the USA and increase its number of stores from 8,500 to 20,000.  ▪
worthwhile reads
A golden retail opportunity    According to Mintel analyst Richard Cope, the food industry is blind to a golden opportunity: food targeted specifically to senior citizens. By 2030, almost one fifth of the world’s population will be over 60 years of age with their own demands and aspirations. ▪
Millennials like organics best   Millennials with children make up 52% of parents who purchase organic products in the US — the largest group — according to a research by the Organic Trade Association. This is followed by Generation X parents at 35% and Baby Boomer parents at 14%. ▪

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