Retail Update - powered by LebensmittelZeitung
Retail Update - powered by LebensmittelZeitung
Monday, 16 January 2017

Hello, dear reader!
Chinese powerhouse Alibaba improves its cross-border logistics and is looking to build a hub in Bulgaria. Lidl has similar plans in Slovenia, while dairy firm Müller pushes ahead with its restructuring programme in the UK. In the US, Walmart ramps up its e-commerce drive, Ahold gets 'smart' and Aldi expands its 'healthy' initiative. Enjoy the read and have a great start to the week.

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asia
Alibaba extends global reach   The Chinese online giant has partnered with WCA, the world largest network of independent freight forwarders, to improve its cross-border e-commerce shipments and considers building a logistics centre in Bulgaria. Representatives of the company met Boyko Borisov, the country's prime minister. ▪
Japanese ambitions and achievements   Tokyo-based retail group Seven & i Holdings plans to triple its network of stores in China to 20 by 2020 +++ Supermarket giant Aeon improved its performance and posted a 51% jump in its third-quarter operating profit +++ Fast Retailing, the parent company of fashion label Uniqlo, has also recorded a surge in profit in its last quarter. ▪
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Amazon hires in India   Locked in an intense battle for leadership in the Indian e-commerce market, the US-based online retailer heavily invests in expanding its infrastructure in the country and has announced that it will create 7,500 temporary jobs for an upcoming sale in January. ▪
europe & africa
Lidl bets on Slovenia   The German discounter plans to launch a service centre in the Central European country that would provide administrative support to all purchasing departments in the group. The centre could create about 100 jobs. Lidl has been active in the Slovenian market since 2007 and operates 49 stores. ▪
Dairy giant cuts UK jobs   Müller Milk & Ingredients is pushing ahead with upgrading its network in Britain as announced last November and confirmed that it will close its dairy processing facility in Chadwell Heath near London with the loss of 389 jobs. ▪
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Eyewear mega-merger   In one of Europe's largest cross-border tie-ups, Italian eyewear maker Luxottica and French corrective eye lens maker Essilor have agreed on a EUR 50 billion-merger. In August 2016, Essilor has purchased UK online glasses retailer MyOptique. ▪
usa & canada
Ahold gets smart   The supermarket giant has rolled out a new wireless platform from Verizon Enterprise Solutions across its divisions, which will deliver strong and reliable networks to provide a digitally rich in-store experience for smartphone-using shoppers. ▪
Walmart reshuffles for online growth   The big box retailer is realigning its leaders to blend online and stores and to better match how customers are shopping today, not only at its stores but also on its Jet.com website, whose founder Marc Lore, now CEO Walmart E-commerce, is set to expand the company's online businesses in the US. ▪
Healthy initiatives   In a bid to make living healthier affordable, German discounter Aldi is bolstering its fresh produce and organic offerings in the US with expanded online and in-store options. Meanwhile, supermarket retailer Kroger has been recognised for its efforts around sustainable food management. ▪
worthwhile reads
Metro's art of splitting   The German retail conglomerate is pushing ahead with separating its food business from its consumer electronics arm. CEO Olaf Koch was one of the thriving forces behind the demerger, which was approved in September. German Retail Blog describes his efforts to reinvigorate the Düsseldorf-based group. ▪
Domino's turnaround   In 2010, the worldwide pizza restaurant chain had a reputation of making a terrible pizza. Facing the criticism and revisiting its pizza recipe was one of the reasons why CEO Patrick Doyle was able to rewrite Domino's history. The company is now one of the top five e-commerce sites in the world. ▪

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