Retail Update - powered by LebensmittelZeitung
Retail Update - powered by LebensmittelZeitung
Wednesday, 28 September 2016

Hello, dear reader!
Australia is attracting retail heavyweights - yesterday, rumours had it that Lidl is preparing its entry, today, it is reported that Amazon is looking for its first warehouse in Sydney. The online behemoth is not only fuelling competition in the South Pacific, but also in Britain, where Sainsbury's is set to fight back with Chop Chop. Meanwhile, Walmart explores new routes in India. Enjoy the read and please share.

asia & australia
Amazon ante portas   The American e-commerce giant is reportedly on the hunt for its first warehouse in Sydney, fuelling speculation of a potential direct entry into the Australian market, where it already operates two data centres. The move would significantly shake up the local retail industry, mainly JB Hi-Fi and Harvey Norman. ▪
Eyes on India   Walmart is in early talks to buy a stake in Indian e-commerce leader Flipkart as it looks to take on common rival Amazon. The US big box retailer is not the only one looking for new routes into the Indian market - British fashion brand Superdry plans to open a series of stores in the country and Chinese tech firm LeEco wants to roll out 1,000 outlets across the subcontinent. ▪
Expansion plans   The economic boom in the Philippines shows no signs of abating and retailers are set to grow: Indonesian chain Alfamart wants to increase the number of its stores in the country to 400 outlets next year while property developer Double Dragon aims to build a network of 100 neighbourhood style shopping malls by 2020. ▪
Sainsbury's extends service   The British supermarket operator fights back against Amazon's Prime Now with a one-hour grocery delivery service in London. The company has developed an app called Chop Chop, through which shoppers can order up to 20 items to be delivered from a local store within an hour. ▪
Top performers   Supermarket operator Supervalu has retained its market-leading position in Ireland according to Kantar Worldpanel +++ British online fashion retailer Boohoo has recorded a massive surge in profits for the first half of the year, boosted by strong sales and active customers. ▪
German initiatives   Discounter Penny strengthens ties with local communities in its marketing campaign 'Willkommen Nachbarschaft' which aims to improve the dialogue between the store and its customers. Düsseldorf-based Metro extends its partnership with Tafel Food Bank. The group has been donating food to the banks for over 20 years. ▪
USA & Canada
Powerful prowess   Online retailer Amazon announced free Prime same-day delivery in Toronto and is reportedly working with a smart lock maker, August Home, and a web-connected garage door opener, Garageio, on a technology to leave products inside the home when residents aren't there. ▪
Online insights   Financial service company Visa teams up with software giant Oracle to introduce Visa Advertising Solutions, a tool that gives retailers feedback on their digital ads. E-commerce will hit a major milestone this holiday season according to market research company eMarketer. ▪
what to watch
Final hurdle for mega brew   Today, shareholders of AB InBev and SABMiller will have their say on the proposed mega deal, worth more than US$ 100 billion. The path to create the "first truly global brewer" has taken nearly a year. Early indication predicts that the merger will go forward. ▪
Focus on sustainable sources   A group of international investors are urging 16 FMCG companies, including Nestle, Walmart and General Mills, to concentrate on animal-free alternatives and consider sustainable, plant-based sources of protein. The investors are part of the Farm Animal Investment Risk & Return initiative. ▪

If this newsletter was forwarded to you, subscribe here!
For questions or comments please contact us here

To advertise in Retail Update click here

RetailUpdate is a product delivered to you by