Hello, dear reader,
German discounters are seen as more than just a new form of competition in the US. According to industry experts they are going to be major disruptors, upsetting traditional shopping markets. We have collected some thought-provoking articles about the challenges retailers have to face in their battle for market share. Enjoy the read and have a great day.
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Merger under pressure
Tesco’s GBP 3.7 billion deal with Booker has come under scrutiny as a study reveals that the Tesco-owned One Stop costs more and pays less. A competition investigation into the deal will need to conclude that it will be good for the industry for it to go ahead.
Costco partners for delivery
The warehouse club giant makes it easier for customers to shop for groceries by teaming up with delivery service Shipt. Costco plans to expand the delivery service to 50 markets and over 30 million households by the end of 2017.
Department store operator Kohl's thinks that it has to 'change faster' to better compete with online and other brick-and-mortar retailers, and ailing retailer Sears, which is struggling with losses and declining sales, raises concerns about its future as a business.
Zara expands in Southeast Asia
The Spanish fast-fashion powerhouse is launching online sales in Thailand this month, with Vietnam to follow. Also this year, the brand will start selling online in India and open a huge flagship store in Mumbai.
Lotte supports online sellers
The South Korean retailer has offered e-commerce retailers an opportunity to showcase their products in Lotte department stores to help them attract consumers. In the coming months, the company will open 13 additional stores for online brands.
Amazon's grocery battle
So far, the e-commerce major has struggled to entice shoppers en masse to buy food online, but is determined to make it happen. Bloomberg analyses a number of projects that Amazon is trialling in Seattle as it continues its fight to break into the US$ 800 billion grocery market.