Our amazing technical support team has developed a new design for RetailUpdate, which will make it easier to read and navigate. We hope you enjoy it and welcome your feedback. Now, get informed about the latest moves of discounters Aldi and Lidl as well Amazon's push into furniture selling. Have a great start to the week.




Monday, 15 May 2017





Hello, dear reader!

Our amazing technical support team has developed a new design for RetailUpdate, which will make it easier to read and navigate. We hope you enjoy it and welcome your feedback. Now, get informed about the latest moves of discounters Aldi and Lidl as well Amazon's push into furniture selling. Have a great start to the week.

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Asia & Australia


Marketing strategies ▪ Aldi Australia has launched a new brand campaign. CEO Tom Daunt sees the chain perfectly placed for competition as the discounter fast approaches 10% national market share. Competitor Big W, on the other hand, has more than halved its advertising expenditure. The Woolworths-owned company recently posted a decrease in quarterly sales.



Alibaba alliances ▪ PepsiCo Greater China Region has signed a strategic agreement with the Chinese online giant, which will allow the soft drink maker to utilise the latter's data for marketing purposes. Meanwhile, Alibaba inked a deal with Malaysia and the Hangzhou government to connect the first e-hubs in the two countries.


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Interest in ice cream ▪ Multinational food companies such as Nestlé and Hindustan Unilever are interested acquiring a controlling stake in Gujarat-headquartered Havmor Ice Cream, India’s seventh-largest maker of ice cream and frozen desserts with over 160 ice cream varieties in its portfolio.




Europe


Edeka joins dairy co-op ▪ The German retail leader is extending its production activities by becoming a member of dairy producer co-operative AMK. Aiming to become vertically integrated is a savvy move, especially in consolidated product market, says analytics platform LZ Retailytics.



Bonus cuts and solar pledges ▪ Tesco boss Dave Lewis saw his total pay packet cut by more than 10% despite leading the company to its first sales growth in seven years. UK's biggest supermarket operator has also announced that it will heavily increase its use of solar panels to cut its greenhouse gas (paywall) emissions.


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Targeting global leadership ▪ Dutch brewer Heineken has launched a non-alcoholic beer at the Spanish Grand Prix in Barcelona and is set to sell it in 17 markets across Europe, in Russia and Israel. The company aims to become the global leader in a market that is growing faster than the average.




USA & Canada


Lidl gears up preparations ▪ The German discounter, which is said to open its first set of US stores this summer, has purchased land in North Texas and is beginning to scout for more sites in the area. Lidl's entry comes at a time when Walmart aims to regain its price leadership and fiercely competes with Aldi.



Amazon bets on furniture ▪ The e-commerce behemoth hopes to dominate yet another market - furniture, one of the fastest-growing categories in the US. The company will build at least four massive warehouses focused on fulfilling and delivering bulky items.



Reporting results ▪ Department store chain J.C. Penney joined its troubled fellow retailers in reporting disappointing first quarter results. Meanwhile supermarket operator Weis could increase its sales by 15.4% in Q1, but profits were tumbling due to deflation and lower margins.




Survey results


On the rise ▪ Online retailing is on an upward trajectory that shows no sign of slowing. In fact, the segment is expected to grow at a compounded annual growth rate of close to 16% between 2017-2021, according to a research forecast from Technavio.



Digital loyalty ▪ The majority of consumers would prefer if retailers would create digital rewards programmes, preferably for mobile phones. A loyalty survey by CodeBroker found that 70% of shoppers don't like to sign into a website or download an app.