Following the footsteps of arch-rival Aldi, German discount powerhouse Lidl starts an online store on Alibaba's Tmall and keeps its options open in Australia. Over in Europe, parent organisation Schwarz Group holds on to bricks-and-mortar. Read about the latest moves in our industry and have a great start to the week.




Monday, 22 May 2017





Hello, dear reader,

Following the footsteps of arch-rival Aldi, German discount powerhouse Lidl starts an online store on Alibaba's Tmall and keeps its options open in Australia. Over in Europe, parent organisation Schwarz Group holds on to bricks-and-mortar. Read about the latest moves in our industry and have a great start to the week.




Asia & Australia


Lidl expands eastwards ▪ Only days after Premier Xi Jinping announced his party's US$ 900 billion 'Belt and Road' policy, Lidl has opened an online shop in the People's Republic. The unstoppable German giant also continues to register trademarks in Australia, despite insisting it has no plans to set up here.



Nestlé invests in Vietnam ▪ The Swiss food major has announced that it has opened a new factory in Hung Yen, creating 200 jobs. Developing products closer to its target market, will ‘save on carbon emissions'. The plant will produce the ready-to-drink Milo beverage in cartons.


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Europe


Facelift for Kaufland ▪ Europe's top retailer, Schwarz Group, has abandoned plans for an e-food concept for Lidl in Germany and wants to step up efforts to modernise its hypermarket chain Kaufland, which will also continue its grocery delivery trial.



Coop Danmark thinks smart ▪ The Danish retailer is to introduce its combined mobile scanning and payment app, Bip & Betal, to all its Fakta discount stores in 2018. The service will be a boost for the company's convenience image according to LZ Retailytics.


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Securing growth ▪ Leading Russian retailer X5 Retail Group expands its logistics infrastructure in the Ural region with the opening of a distribution centre in Perm. Over in Portugal, Sonae has completed the integration of supermarket chain Brio and posted a 6% turnover increase in Q1 to EUR 1.3 billion.



Post-Brexit preparations ▪ While Britons fear for the worst when it comes to inflation post-Brexit, Ikea is considering making more products in the UK as the company bids to fend off price rises. The Swedish furniture chain already makes sofas and mattresses in Britain.




USA & Latin America


Exploring options ▪ Struggling department store chain J.C. Penney is targeting the hospitality industry and offers B2B solutions for operators and facility managers. Meanwhile, home improvement retailer Lowe's wants to sell more to construction managers and acquired wholesale supply company Maintenance for US$ 512 million.



Strong performance ▪ Chilean retailer Falabella has reported an 11.8% increase in net profit to US$ 174 million for its first quarter, while revenues grew to US$ 3.2 billion, helped by the performance of its department store chains in Chile and Colombia.



Entering Mexico ▪ Department store company David's Bridal, which specialises in wedding dresses, has partnered with Diltex, a leading Mexican manufacturer and retailer of intimate apparel, to open its first franchise location in Mexico City. The company currently operates more than 300 stores.




Future Concepts


Innovative store formats ▪ Italian grocery retailer Pam Panorama has introduced a 'metro' store focused on food trends to meet the needs of its customers. Over in the US, fast fashion giant Forever 21 will launch a freestanding brick-and-mortar retail format, called Riley Rose.



The changing face of retail ▪ In conjunction with ITN Productions, the British Retail Consortium has released a film about the profound transformation the retail sector is undergoing, with interviews of leading industry representatives. It's online now, check it out.