Hello, dear reader and welcome to 2017!
Online giants Alibaba and Amazon are staying in the spotlight - the former announced a huge investment in entertaining and the latter plans to build a flying warehouse. In Europe, merger and partnership activities dominate the headlines and in the US, a billion-dollar deal is under scrutiny. Also, check out what retail pundits predict for the year ahead. Have a great start.
asia & Australia
Bursting with Inspiration: Visit IFE 2017
IFE 2017 (The International Food & Drink Event) is the UKâs biggest and most important food & drink trade show. Taking place 19-22 March in London, the home of innovation, the event provides an unrivalled opportunity to source innovative and new food & drink from 1,350 British & global suppliers. Register for your free ticket at
Tax demands in Gujarat E-commerce companies are facing the heat from tax authorities once again, after a recent ruling asked them to pay entry tax on goods that are shipped from outside of the Indian state Gujarat. Market leaders Amazon and Flipkart already had to pay a large chunk.
Digital connections French cosmetics company L’Oréal has announced it has made a ‘strategic investment’ in Partech Ventures, a Paris-based venture capitalist firm that will complement the group’s ‘comprehensive strategy to connect to the world’s most important start-up scenes.
usa & canada
Sears continue to downsize The struggling department store chain will close 30 Sears and Kmart stores in early 2017, which will bring the total number of stores that the retailer has closed this fiscal year to more than 200 and leave it with fewer than 1,500 locations.
After 15 years as MDD Expo,
the benchmark event for private label in the French market, M.A.D.E. is the result of a natural evolution that follows the international development of the exhibition through a changing retail market. On 28 & 29 March 2017, M.A.D.E. will bring together manufacturers of own label products and buyers from all distribution channels across Europe for 2 days dedicated to co-creation.
what to look forward to
Getting ahead of tomorrow Accepting disruption as the new norm, be prepared for all outcomes and skip rigid format thinking - German Retail Blog has compiled what movers and shakers in the industry expect to be their most important challenge in the year ahead.
Amazon's high-flying plans After experimenting with checkout-free stores and delivery drones, the Seattle-based online powerhouse is now exploring the use of giant airships to serve as a flying warehouse. However, its biggest hurdle in this regard will be US government regulations.