US online giant Amazon is set to bring its revolutionary 'no queue' store concept to Europe. Spanish retailer Eroski bets on convenience and its Portuguese counterpart Sonae will integrate clinical services to stay ahead. Over in the US, Walmart thinks to remodel. Get informed and feel free to share.




Tuesday, 23 May 2017





Hello, dear reader

US online giant Amazon is set to bring its revolutionary 'no queue' store concept to Europe. Spanish retailer Eroski bets on convenience and its Portuguese counterpart Sonae will integrate clinical services to stay ahead. Over in the US, Walmart thinks to remodel. Get informed and feel free to share.




Europe


Amazon Go eyes Britain ▪ The US online giant is preparing to bring its checkout-free concept to Europe and has been granted trademarks in the UK. LZ Retailytics predicts that London would be the most suitable location, with perhaps a German city such as Berlin following closely behind.



Takeover intensions ▪ Transgourmet, the wholesale company owned by Switzerland's Coop, has bought a majority stake in German company Team Beverage, while British convenience store giant McColls is interested in acquiring Tesco-owned chain One Stop, which experts believe the supermarket leader will be forced to offload.


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Tried and tested ▪ Spanish cooperative Eroski has unveiled its Rapid c-store format and plans to open 60 such stores as convenience formats see significant growth in Spain. Over in Portugal, retail group Sonae has launched its first clinic, Dr. Well's, as part of its strategy to 'improve people's health and quality of life'.



Croatian crisis continues ▪ The country's biggest supermarket chain, Agrokor, is reportedly on the brink of collapse, which could cause a recession across the Balkans. Its core business has 2,500 suppliers. Only some weeks ago, the company has received a million-dollar cash injection to pay its local partners.




Asia


JD.com goes rural ▪ The Chinese e-commerce heavyweight plans to build a low-altitude drone logistics network in the northwestern province Shaanxi. Recently, the company revealed plans to build 150 drone launch facilities in southwestern Sichuan province.



Alipay lands in Malaysia ▪ Alibaba's Ant Financial has entered a partnership with 7-Eleven Malaysia by officially launching the Alipay cashless payment service in over 2,100 stores in the country. The payment service, facilitated by a local payment platform, targets tourists from the Chinese mainland.


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Asian expansion plans ▪ UAE-based retail giant Lulu Group has opened a state-of-the-art logistics hub in Sri Lanka and intends to start retail operations in the country soon. Canadian convenience retailer Couche-Tard also sees big growth opportunities in some Asian countries.




USA & Latin America


Fresh look for Walmart ▪ The US big-box retailer will invest millions to remodel 400-640 stores at 12 Michigan locations. There will be a lounge-like area for in-store pickup, more organics offerings, wider aisles and changed sightlines as well as three markets with online grocery ordering.



Instacart grows rapidly ▪ The grocery delivery service provider has expanded its service to Texas, Connecticut, Florida, Ohio and South Carolina and plans to open in 100 new markets this year. Instacart service is now available at a growing number of US retail giants.



Ups and downs in Brazil ▪ Shares at Brazilian meatpacking giant JBS dropped more than 30% amid accusations of insider trading and a presidential bribery probe. Brighter headlines received Sao Paulo-headquartered Grupo GPA as the retailer is set to recycle plastic for new packaging.




What to watch


Deal without America ▪ Trade ministers from the Asia-Pacific region met in Vietnam with the aim of resurrecting the Trans-Pacific Partnership, despite Donald Trump abandoning it. The representatives from the remaining 11 countries agreed to help the US re-join at any time.



Extend your reach ▪ As e-commerce grows at an exponential rate, it’s time for the retail sector to ramp up competition with the online giants. One way to do this is to offer “on-demand” services, says the co-founder of a British logistics start-up.