Retail Update - powered by LebensmittelZeitung
Retail Update - powered by LebensmittelZeitung
Monday, 28 November 2016

Hello, dear reader!
The mega-shopping holiday weekend is nearly over. The online surge left UK high streets peaceful, while US giants Walmart and Target delivered on all fronts. Sweden's ICA Gruppen plans to acquire in Lithuania and Crai grows through acquisitions and collaborations in Italy. Just a reminder: To ensure our emails continue to reach your inbox, please add retailupdate@retailupdate.lebensmittelzeitung.net to your safe senders list. Have a great start to the week.


asia & australia
Amul goes global   The Indian dairy cooperative has partnered with Amazon to expand its reach to a wider audience in the US and other countries. As part of its Global Selling programme, the Seattle-based online giant started offering products under the iconic Amul dairy brand outside India. ▪
India's demonetisation debate   The sudden rupee note cancellation may have led to the slowdown in cash-on-delivery orders, but it has seen a rise in sales for food delivery businesses such as Foodpanda. Opposition parties plan to protest against prime minister Narendra Modi’s  controversial move today. ▪
Woolies on guard   The Australian supermarket major has set up an independent unit to compete with Amazon, when the e-commerce behemoth launches in the country next year. The new force is different from the one involved with competition from Coles and Aldi and will specifically respond to the threat from Amazon’s grocery arm. ▪
europe
Swedish moves   Leading retailer ICA Gruppen has confirmed ongoing negotiations with the owners of Palink over a possible acquisition of Lithuanian grocery chain IKI, while appliance maker Electrolux (paywall) is testing some fun ideas, including an “Uber for laundry”, where people share their unused laundry time. ▪
Ocado improves robot talk   The British online grocery retailer has developed its own Smart Platform at a warehouse in Andover, England, using unlicensed LTE for connectivity, and claims that it enables thousands of pick-and-pack robots to communicate at a rate of ten times per second. ▪
Crai continues to grow   The Italian supermarket operator, which runs over 2,000 stores, has acquired the Pellicano chain from Gruppo Lombardini and is set to kick off a strategic relaunch with the development of three formats. Last month, Crai signed a deal with fellow retailer Coralis to develop market synergies. ▪
usa & africa
Homeware chain gets personal   Bed Bath & Beyond, a New Jersey-headquartered retailer of domestic merchandise, announced that it has acquired PersonalizationMall.com, a leading online retailer of personalised products based in Illinois, for approximately US$ 190 million in cash. ▪
Massmart wins over Pick n Pay    The Walmart-owned chain has succeeded in its appeal at the Constitutional Court to sell fresh foods at a Western Cape shopping centre. Rival Pick n Pay claimed it had an exclusive agreement with the mall's owner and tried to prevent Massmart's Game store from selling fresh foods ▪
seasonal shopping hype
Delivering on all fronts   Walmart sold 150 million pounds of turkey and ham on Thanksgiving and claims it has offered deals, availability and simplicity on Black Friday. Online rival Amazon unveiled its plans for Cyber Monday with more than 75,000 bargains, and competitor Target also reported a strong start to the holiday shopping season. ▪
Peaceful stores   The online rush on Black Friday left British high street stores looking deserted compared to previous years. Sales and traffic at US brick-and-mortar stores declined according to data from analytics firm RetailNext, while Internet sales rose in the double digits, surpassing US$ 3 billion for the first time last Friday. ▪
Bargain hunters   The discount event that began in the US has been adopted around the world. British newspaper The Guardian shows pictures of enthusiastic consumers on Black Friday, from the US to Brazil, Japan to Hungary and Great Britain. ▪

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