Always searching to develop its capabilities across new markets, Amazon is reportedly targeting the drugstore category in Europe. Thinking ahead, Barclaycard works on a checkout-free shopping experience and German supermarket operator Rewe is fine-tuning its future concept. Enjoy your Wednesday bulletin and feel free to share.




Wednesday, 31 May 2017





Hello, dear reader,

Always searching to develop its capabilities across new markets, Amazon is reportedly targeting the drugstore category in Europe. Thinking ahead, Barclaycard works on a checkout-free shopping experience and German supermarket operator Rewe is fine-tuning its future concept. Enjoy your Wednesday bulletin and feel free to share.

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Europe


Seizing opportunities ▪ Drugstores could be the latest European target for Amazon. The company is planning to introduce a basic assortment of private label lines in this category. LZ Retailytics sees a number of barriers that need to be overcome, arguing that private labels are not yet an area of expertise for the online goliath.



Judgement day for Tesco ▪ The UK supermarket leader faces a competition probe into its GBP 3.7 billion purchase of wholesale supplier Booker. British authorities will investigate whether the merger will “reduce competition and choice for shoppers and other customers”.



Payment options ▪ London-headquartered credit card company Barclaycard is testing a checkout-free shopping app that will allow consumers to pay for purchases with their mobile phone. Meanwhile, Spanish retailer Eroski has launched a new credit card for its club members in collaboration with Mastercard.



Aldi rejigs in Denmark ▪ The German discounter has announced that it will close 32 stores in the Scandinavian country and open 'large and modern shops'. Aldi Nord spokesperson Thomas Bang said that the retailer will soon unveil a 'modernisation plan' for its portfolio.




USA


Lidl in party mood ▪ The German discounter plans opening celebrations for several days in the US, running from June 15, when its first nine US stores will be launched. “Every day customers will enjoy the smell of freshly baked breads and top-quality wines at market-beating prices," promises Lidl US CEO Brendan Proctor.



Changes at the top ▪ Amazon has hired Christine Beauchamp, who has previously worked with Ralph Lauren, to take the reins at Amazon Fashion. Office supply giant Office Depot is beefing up its digital leadership team and appointed Kevin Moffitt as its leader, while home furnishing retailer Crate and Barrel has confirmed that board chair Neela Montgomery will become its new CEO.


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Australasia & Middle East


Profit and other warnings ▪ Struggling Australian vacuum cleaner chain Godfreys has warned an ongoing decline in its sales will likely hit its full-year earnings forecast. Meanwhile, supermarket giant Coles has informed its suppliers that any cost increases “will not just be waved through” without explanation.



Challenges for Dubai malls ▪ With 900,000 square metres of retail space being added in the coming years, experts are warning that older malls in the UAE city will face increasing competition and possible mass exodus from long-time tenants. This comes on top of mounting pressure from online retailers.




Shaping the future


Rewe makes progress ▪ In its endeavour to develop a future-proof supermarket concept, Germany's Rewe Group has been very successful. Seven pilots have now been opened and the company has started to fine tune various features and elements. This is an enormous achievement, writes LZ Retailytics.



Physical stores in the digital age ▪ A new report, released by international grocery research organisation IGD and the Consumer Goods Forum reveals 10 areas grocery retailers should focus on to ensure their stores remain relevant for shoppers. The free report also offers global case studies of best practice.



Cutting edge ▪ Artificial intelligence, that mimics the way humans make judgments, has already entered more people's daily lives than many realise. Facial recognition technology is getting smarter by the day. Check out the best and worst of facial scans.