Friday, 14 October 2016
In Melbourne, Australia, Nestlé is opening its first Kit Kat store; in Britain, Tesco and Unilever have settled their dispute over pricing, much to the relief of Marmite lovers; and in the USA, e-commerce giant Amazon ramps up hiring for the holiday period. Have a great day. If you enjoy this edition, please share.
australia & asia
Steinhoff expands Down Under Australian furniture manufacturer and retailer Fantastic Holdings has received a AU$ 361.4 million takeover offer from larger rival Steinhoff Asia Pacific Holdings, the acquisitive South African owner of the Freedom and Snooze furniture chains .
Chocolate art for Aussies Following on from some successful pop-ups, Swiss food and beverages company Nestlé will open its first permanent Kit Kat store in Melbourne on October 21, created as a hub where people could unleash their creativity and create personalised flavours.
Sprooki comes to Indonesia Next month, the Singapore-based shopper-engagement platform will launch in western Jakarta. Sprooki enables retailers to engage with customers via smartphones and other devices by applying profile, behaviour and location data.
usa & canada
Meaty acquisition The Canadian food manufacturer and distributer Premium Brands has purchased Toronto-based Belmont Meat Products Ltd for CAD$ 50 million. Belmont supplies products such as burger patties to restaurants and supermarkets.
Face-to-face gets results According to a report by the Centre for Economic and Business Research, retail businesses can make about GBP 378,000 per year by arranging face-to-face meetings. The report demonstrates that for every pound spent on business travel, there is a 400% return.
Personalisation worth the effort The “Personalised Pulse Check,” a report from Accenture Interactive, surveyed over 1,500 US and UK consumers between the ages of 18 to 60. The report found, among other things, that 56% of consumers are more likely to shop at a retailer if it recognises them by name and 58% are likely to make a purchase when an option is offered based on past purchases.