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.
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.
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
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.
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.
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
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.