Friday, 17 March 2017
Retail and FMCG majors are engaged in overseas activities. In the US, Italian chocolate giant Ferrero is going to buy confectioner Fannie May, and logistics provider DHL helps to speed up’ the last mile'. Indian payment service Paytm, backed by Alibaba, has launched in Canada, while the Chinese giant collaborates in Switzerland. Enjoy the read and have a great weekend.
USA & Canada
Speeding up delivery
Logistics company DHL e-commerce, a division of Deutsche Post, is helping US retailers to speed up 'the last mile' of their omnichannel shopping experience by expanding the functionality of some of its fulfilment centres. The company is investing in storage to tackle shipments of up to 15,000 orders per day.
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Producers rush to sign
Just two weeks since Morrisons, the UK’s fourth-largest supermarket, began its search for 200 new local food producers, it has received more than 500 applications. The retailer decided to add more UK suppliers following a report revealing that Britain imports considerably more food than it exports.
ASIA & AUSTRALIA
According to research by Canadian software provider Tulip Retail, 83% of shoppers think they know more than retail store associates due largely to conducting prior online research.