Retail Update - powered by LebensmittelZeitung
Retail Update - powered by LebensmittelZeitung
Monday, 26 September 2016

Hello, dear reader!
Tech giant Samsung partners with Australia's Woolworths to deliver groceries via the 'smart fridge'. US retailer Office Depot sells its European operations while collapsed British department store company BHS will make a reappearance online. Across the Atlantic, rolling robots and drones are being trialled for transport services. Enjoy our Monday bulletin and have a great start to the week.


asia & australia
Pressure Down Under   Australian supermarket giants Coles and Woolies continue to reduce their product range to better compete with Aldi, which is a huge issue for their suppliers. Meanwhile, Samsung and Woolworths have teamed up and offer customers the opportunity to order groceries directly from the 'smart fridge'. ▪
Redmart considers sale   Singapore's leading online grocery service is seeking a buyer as competition intensifies in the city-state. The company is reportedly working with an investment bank on options, including a possible sale, and has contacted potential buyers, among them supermarket chain NTUC. ▪
Investing in India   Shenzhen-based tech company Huawai plans to assemble up to 3 million smartphones annually in India as it speeds up its expansion in the country. A number of Chinese investors announced that they will jointly provide US$ 50 million for Indian start-ups. ▪
europe
Office Depot deals with Aurelius   The US office supplies retailer is selling its European operation, which brings in annual sales of about EUR 2 billion, to German investment firm Aurelius Group. Office Depot was exploring strategic alternatives after a merger with larger rival Staples was called off earlier this year. ▪
Online pushes   German hypermarket chain Kaufland (paywall), part of the Schwarz group, gears up for its e-commerce launch in Berlin by taking registrations for the new service. Recently collapsed British department store company BHS will make a comeback as an online shop this week unter the control of its new Qatari owner. ▪
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Exploring opportunities   Australian stationery retailer Typo is set to open its first UK shop in London in December, aiming to add three additional outlets, and British online fashion retailer Boohoo plans to expand with the launch of a childrenswear range in October, BoohooKids. ▪
usa & canada
E-commerce shake ups   US retailer Target is in the process of restructuring its online operations after its chief digital officer has left the company. The grocery store company IGA announced the launch of an online sales site. The service will be marketed to shoppers as IGA GO. ▪
Rolling robots and drones   This fall, a delivery service will be launched in Washington DC, powered by rolling drones. After regulators have approved the use of them, these robots will bring groceries mainly to single households. In Massachusetts, UPS began testing the use of drones for emergency deliveries of medical supplies. ▪
Department store expansions   Hudson’s Bay plans to open Canada’s largest Saks Fifth Avenue store, in downtown Montreal. Saks made its Canadian debut in February, in Toronto. Meanwhile, Kohl's is expanding its smaller-store format with six openings in September in the Midwest of the US. ▪
Africa & latin America
Acquisitions in Brazil   Coca-Cola Femsa, the largest soft-drink bottler in Latin America, agreed to buy bottler Vonpar for US$ 1.09 billion. It is Coke's third acquisition in the country since 2013. Swiss food giant Nestlé is reportedly close to formally completing its takeover of Brazilian chocolate manufacturer Garoto. ▪
Zimbabwe invests in milk   The country's dairy industry is poised for further growth as the government and several industry players are pressing ahead with a comprehensive national milk production programme to ensure self-sufficiency by 2020. ▪

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