Retail Update - powered by LebensmittelZeitung
Retail Update - powered by LebensmittelZeitung
Monday, 09 January 2017

Hello, dear reader!
Apple challenges arch rival Samsung by launching its first retail store in South Korea. Carrefour continues with its sustainability efforts, British supermarket majors are about to report solid Christmas figures and Amazon opens its fourth physical store in the US. German Retail Blog looks at the ethical impact of an ad created for discounter Lidl.  Enjoy the read and have a great start to the week

Apple lands in South Korea   Reportedly just blocks from Samsung’s headquarters in Seoul, the US tech icon plans to open its first retail store in the country. The iPhone maker listed hiring notices for 15 positions on its website, including a store leader and business manager. ▪
Soaring sales and predictions   Vietnam witnessed major mergers and acquisitions in the retail sector in 2016 as well as major foreign investment from overseas. As a result, the South Asian country's retail sales reached US$ 117.6 billion. Over in China, the digital economy is predicted to be worth US$ 16 trillion by 2035 and to create 400 million jobs. ▪
Carrefour stays active   In a bid to phase out paper receipts, the French retail giant offers a digital version in Spain. Meanwhile, its convenience store model, Carrefour Express, is popular in Brazil, where the 70th outlet has just opened, as well as in France. In its home country, the retailer is operating 4,000 convenience stores. ▪
Potential in Serbia   Dutch-Belgian retailer Ahold Delhaize has opened four new convenience stores in Serbia last month, where it already operates over 160 Shop & Go outlets. The company is present in the country with three store formats and says that the local market has great potential. ▪
Uncertainty ahead   Britain's major supermarkets are expected to report that they enjoyed solid festive trading, but there is concern about reduced spending due to inflation in 2017. Marks & Spencer is predicted to deliver its first increase in clothing sales at Christmas for six years and John Lewis also might have weathered the storm. ▪
usa & canada
Bookstore for New York   Amazon confirmed that it will be setting up its fourth physical bookstore in midtown Manhattan. Meanwhile, online sellers are able to join the e-commerce giant's marketplace through a new integration, developed by cloud-based multichannel commerce platform Shopify. ▪
Walmart ends feud   A six-month battle between the Canadian unit of the US big box retailer and Visa has come to an end with Walmart resuming to accept Visa cards at its more than 400 stores in Canada. Over in the US, Walmart is about to lose Rosalind G. Brewer, CEO of Sam's Club. She plans to retire as executive VP. ▪
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.
Competitive pressure   The struggle goes on for US department store chains as the competition from online retailers increases. After Macy's and Kohl's, J.C. Penney reported a decline in same-store sales for November and December, and upscale retailer Neiman Marcus will withdraw its initial public offering as it faces weaker consumer demand. ▪
thought-provoking reads
Waiting for Amazon   In its refreshingly 'can do' business attitude, the US e-commerce giant has started to offer several food lines via 'Prime Now' in Germany, where online food delivery represents just a mere 1% of the trade so far. German Retail Blog wonders whether retailers in the country are ready to face the challenges Amazon provides. ▪
Lidl and the ethics of advertising   A fashion ad featuring a black model has caused disturbing reactions in some European countries, accusing the retailer of forcing multiculturalism down customer throats. German Retail Blog contemplates about becoming ethical in an age of increasing moral ambiguity. Meanwhile, in the UK, Lidl has premiered its advertising campaign 'Big On Quality, Lidl On Price'. ▪

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