A couple of days after Coca-Cola Femsa expanded its footprint in Latin America, the billion-dollar merger of the two leading Japanese Coca-Cola bottlers creates a new market leader by sales volume in the country. In the UK market, Aldi is seen to have moved on from the ‘incumbent market disruptor’ to ‘an established and mature market player’ backed up by the latest figures. In the US, the online grocery markets heats up with investments in Instacart and FreshDirect. Have a good day and enjoy the read.
asia & australia
Japanese bottlers merge Japan's two leading Coca-Cola bottlers, Tokyo-based Coca-Cola East Japan and Fukuoka-based Coca-Cola West, agreed to merge next spring. The newly created company will have annual sales of more than US$ 9.95 billion +++ Coca-Cola India expects a recovery in consumer demand and sees growth in the core portfolio as well as in new products.
Alipay at airports Payments with Alibaba's online payment platform will become available at 10 international airports by the end of October. The launch will mainly include international airports in Asia but also Munich Airport in Germany and Auckland Airport in New Zealand.
Lidl prepares launch Down Under Expectations of the German discounter preparing its market entry in Australia grow stronger as the company continues to apply for trademarks in the country and is reportedly seeking contact to potential suppliers.
Jet.com alienates manufacturers Allegations have been made against the e-tailer, which has recently been acquired by Walmart, to be selling high-end pet food products without the manufacturers' consent.
Unusual and remarkable
Parents matter As the first retailer in the UK, online fashion store Asos has signed up to LinkedIn’s global Bring In Your Parents initiative. On 4 November, Bring In Your Parents Day, employees show their parents their workplace and what they do +++ To prevent employees from quitting in order to care for ailing parents, Yahoo Japan is considering a four-day workweek for its employees.
Vote distracts consumers This year's unusual election cycle in the US is expected to have a strong impact on consumer spending during the second half of 2016, but whether it will be good or bad remains completely in the open.