Retail Update - powered by LebensmittelZeitung
Retail Update - powered by LebensmittelZeitung
Wednesday, 18 January 2017

Hello, dear reader!
Amazon offers jobs in Australia, French dairy giant Danone expands in India and British American Tobacco can create the world's biggest tobacco company. In the US, Walmart and the NRF are supporting training initiatives, while more people lose their job at hapless retailer American Apparel. Get informed on the latest developments in the industry and don't forget to share the news.

ADVERTISEMENT
 

asia & australia
Southeast Asian moves   Thailand's convenience store chain CP All is interested in buying Polish retail chain Zabka in a deal valued at up to EUR 1.5 billion, and Vietnamese electronics retailer Mobile World plans to open 300 grocery stores, targeting time-poor consumers who prefer small stores. ▪
Expanding in India   French dairy giant Danone wants to double the size of its India unit through the introduction of more of its brands by 2020, with ten product launches scheduled for 2017 +++ Mumbai-based Reliance Retail enjoyed a sharp jump in profit and sales for its fiscal third quarter, helped by growth across all its formats. ▪
ADVERTISEMENT
Bursting with Inspiration: Visit IFE 2017
IFE 2017 (The International Food & Drink Event) is the UK's 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
www.ife.co.uk/lebz
Amazon hires in Australia   The online giant's much-speculated entry into the Australian grocery scene seems to be imminent, as the company's website currently has more than 100 job vacancies listed. Amazon is reportedly recruiting highly skilled workers for fresh food delivery operations. ▪
europe
BAT seals mega deal   British American Tobacco now can create the world's biggest listed tobacco empire as it reached an agreement to buy full control of US company Reynolds with a sweetened US$ 49.4 billion offer, bringing a successful end to months of bartering with the maker of Camel cigarettes. ▪
Sustainability matters   Britain's Marks & Spencer has also joined the initiative to replace sticky labels with a laser mark, about which we reported yesterday, while UK grocer Waitrose (paywall) follows in the footsteps of Asda in trialling a new app against food waste. It connects businesses to local charities in need. ▪
ADVERTISEMENT
 
Fashion statements   Discount clothing chain Pep & Co plans to open 50 ‘shop-in-shops’ in the stores of its sister chain Poundland. Meanwhile, German online fashion retailer Zalando has broken the EUR 1 billion barrier for the first time, reporting EUR 1.086 billion in revenue and a 25% growth in its fourth quarter. ▪
usa & canada
Recruitment commitments   US big-box retailer Walmart plans to create 10,000 jobs in 59 Walmart and Sam's Club facilities. The company also has announced that it will open 160 training academies (paywall) by this summer. This surely will be appreciated by the NRF Foundation, which is set to launch a job training initiative called Rise Up. ▪
Changes at top level   Ahold Delhaize USA has reshuffled its merchandising department and appointed Don Sussman as the unit's new leader. US toymaker Mattel has hired tech-industry veteran and Google executive Margaret Georgiadis as its new CEO. ▪
Job losses   The Andersons, an Ohio-based diversified agribusiness, will exit its retail business and close four superstores, putting 1,050 people out of work, while 2,400 employees of bankrupt American Apparel will soon be out of work as the company begins to close or sell its factories in Southern California. ▪
Brazil & africa
Assaí Atacadista grows   The Brazilian wholesaler, owned by the GPA, the country's largest retail group, launched five new outlets in December and now operates 107 stores across 16 states. Assaí invested a total of EUR 142 million in its business and generated 3,250 jobs throughout Brazil. ▪
Tech progress in Liberia   Cookshop.biz, an online platform for food orders in Liberia, has begun accepting online payments, which is regarded as an important step in the progress of the country's ICT sector. The customers can use both domestic and international credit and debit cards. ▪

If this newsletter was forwarded to you, subscribe here!
For questions or comments please contact us here

To advertise in Retail Update click here

RetailUpdate is a product delivered to you by lebensmittelzeitung.net

ImprintArchive