Retail Update - powered by LebensmittelZeitung
Retail Update - powered by LebensmittelZeitung
Tuesday, 11 October 2016

Greetings!
Only a month after the sudden departure of the CEO of Lidl UK, the discounter's COO steps down, too. Although the profitability of grocery delivery for retailers is questionable, competition continues to intensify. As a consequence of such intensification, Amazon changes the pricing system for its 'Fresh' service in the US and extends its ultrafast delivery in Europe. Find out about these stories and more, and learn how to be weather smart in retail. Enjoy the read!

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Asia & Australia
Acquiring a taste   Reza Food Services, the owner of McDonald’s restaurants in Saudi Arabia, is set to purchase franchising rights for McDonald's in Singapore and Malaysia for up to US$ 400 million +++ In a deal worth US$ 277 million, an Australian-Chinese consortium has placed a bid to aquire Australia’s largest cattle empire, S. Kidman & Co. ▪
Renewed allegations against Alibaba   US trade groups accuse the Chinese powerhouse of selling large quantities of counterfeit goods and demand to see the company and its e-commerce platforms return to the US trade office’s list of Notorious Markets. ▪
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Making business in China   While the Chinese government will ease rules for foreign investment to better attract overseas investment and boost the economy, the Indian government initiated talks with China to facilitate exports to the country. Within China, authorities are encouraging mergers and the reorganisation of businesses in key industries to boost investment from various sources and diversified ownership.  ▪
europe
A wider scope   While Amazon extends its Prime Now ultrafast delivery service to Barcelona in Spain, German drugstore discounter dm plans to make another attempt in Italy (paywall, German content) +++ In the US, pricey health food chain Whole Foods continues its expansion to lower income areas. ▪
Homogeneity for Auchan   The French retailer will slim down its array of banners and bring all its retail channels under the umbrella of one ‘digital brand’ ▪
Shake-up at the top   After a 14 years' employment with the discounter, Martin Bailie takes up another offer and steps down from his position as COO for Lidl UK +++ UK-based health food chain Holland & Barrett has overhauled its management team and appointed five new members as part of its growth push. ▪
USA
Constellation Brands adds whiskey   In a transaction worth US$ 160 million, the global player in the alcoholic beverages industry enters the high-end whiskey market with the purchase of Utah whiskey maker High West Distillery. ▪
Amazon changes strategies   With a considerable price drop, the e-commerce giant is restructuring the pricing for its Fresh service across the country. In Seattle, Amazon’s secretive drive-up grocery store is allegedly taking shape. ▪
Target innovates   The retail chain enters a partnership with design magazine Dwell to promote its furniture. Continuing its focus on groceries, Target experiments with in-store vertical gardens. ▪
insights & analyses
Changeable weather   After the economy, weather impact is the second most important factor in the retail world. A Senior Risk Meteorologist from the British Weather Services explains the whys and wherefores. ▪
'Like selling tenners for a fiver'   A partner at global retail consultants Kurt Salmon is convinced of the loss-making nature of grocery delivery. ▪
Top of the brands  Automotive and technology brands dominate the ranking in Interbrand's 2016 Best Global Brands Report. Apple, Google and Coca-Cola are the three most valuable brands topping the list. ▪

 


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