Retail Update - powered by LebensmittelZeitung
Retail Update - powered by LebensmittelZeitung
Tuesday, 31 January 2017

Hello, dear reader
Criticism of President Trump’s immigration order moved beyond Silicon Valley and its heavyweights Apple, Google and Microsoft. Online giant Amazon is preparing a lawsuit over the travel ban, while coffee chain Starbucks has pledged to hire 10,000 refugees. Read about their plans in detail in today's issue and share our newsletter, if you like it.

ADVERTISEMENT
 

ASIA & AUSTRALIA
Ahold Delhaize breaks up with Alibaba   The Belgian-Dutch retail giant will close its Albert Heijn grocery web shop at Alibaba's Chinese market place Tmall, claiming it was a pilot project, (in Dutch) with which the company gained sufficient experience to establish its own market under AH. ▪
Losses and launches in India   Uber’s food delivery service, UberEats, continues its push into the Asian market by introducing its food app to India. Meanwhile, online grocer Bigbasket has expanded its operation portfolio by entering new cities, but reports a slump in revenues. ▪
ADVERTISEMENT
Source Great British Foods at IFE 2017
IFE 2017 (The International Food & Drink Event) takes place 19-22 March at ExCeL London. The UK's biggest food & drink event will be packed with innovative food & drink products from 1,350 suppliers. IFE is divided into 9 easy to navigate sections, including a Great British & Irish foods section. Find inspiration for your retail shelves at the show - get your free trade ticket at
www.ife.co.uk/lebz
Dairy deals Down Under   Canadian company Saputo has launched a bid to extend its ownership of Warrnambool Cheese and Butter, Australia's oldest milk processor. If successful, another foreign investor will have strengthened its position in the domestic dairy industry, after infant formula producer Bellamy's accepted an offer (paywall) from New Zealand's Fonterra. ▪
EUROPE
Fizzing sales   Conviviality Retail reported skyrocketing results in sales and profits as its acquisition strategy pays off. The owner of store chain Bargain Booze included companies such as wine wholesaler Bibendum, drink supplier Matthew Clark and pop up bar Peppermint into its diversified portfolio. ▪
Dreams seeks buyer   The British bed retailer, which operates 180 stores around the country, is reportedly set to go on sale for GBP 400 million. Investment bank Rothschild has been selected by the owner, private equity firm Sun European Partners, to look for potential buyers.  ▪
ADVERTISEMENT
 
Targeting fakes and food waste   Italian non-profit organisation Reliabitaly has launched a new smartphone application that enables users to instantly check the authenticity of a product, while EuroCommerce has called on national governments and the EU to make it easier for businesses to deal with food waste.  ▪
USA & CANADA
Amazon's activities   The online mega retailer has joined forces with other corporate titans to work with lawmakers to counter President Trump's immigration ban. Amazon has also been issued a patent for a robot that packs orders. Furthermore, the retailer has teamed up with Colgate to launch its dash button for the brand's dental hygiene essentials. ▪
Getting regulators on board   In order to gain the approval of federal antitrust regulators, Walgreens Boots Alliance and Rite Aid agreed to cut the price of their takeover deal by more than US$ 2 billion and get rid of more stores. They will also extend the closing date while awaiting regulatory approval. ▪
Starbucks' commitments   The coffee chain giant plans to hire 10,000 refugees over the next five years in the 75 countries where it operates restaurants. Pushing the voice-interface craze to new heights, Starbucks also announced to offer voice ordering via its mobile iOS app and the Amazon Alexa platform. ▪
LATIN AMERICA
Decisions in Brazil   Meat-processing giant JBS has made five new appointments to its board of directors, while Dutch coffee and tea manufacturer Jacobs Douwe Egberts intends to acquire a portfolio of local brands from Brazil’s leading instant coffee exporter Cia Cacique ▪
Restaurant Brands eyes Mexico   The Canadian multinational fast food company, which owns Burger King, will launch its coffee and doughnut chain, Tim Hortons, in Mexico as part of its worldwide expansion plans. ▪

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