Retail competition in the US is in full swing with Walmart telling its tech partners to get off Amazon Web Services and Ebay stepping up to match prices in the online price war. Across the Atlantic, Tesco and Kesko are streamlining their operations and Aldi is launching a delivery service. Enjoy the read and feel free to share.




Thursday, 22 June 2017





Hello, dear reader

Retail competition in the US is in full swing with Walmart telling its tech partners to get off Amazon Web Services and Ebay stepping up to match prices in the online price war. Across the Atlantic, Tesco and Kesko are streamlining their operations and Aldi is launching a delivery service. Enjoy the read and feel free to share.




USA & Canada


Battle royal continues ▪ Walmart is asking its suppliers to pick sides in its retailing war with Amazon. The retail giant has reportedly asked some vendors to stop using cloud apps that run on its arch rival's web service. The e-commerce major is not amused and accuses Walmart of bullying its clients.



Ebay fuels price war ▪ The e-commerce company announced a new price match initiative, ensuring many of its items will cost the same or less than those offered by other major retail competitors. It is Ebay's latest move in the ongoing competition with the likes of Amazon and Walmart.



Partnering with Amazon ▪ Sneaker giant Nike has agreed to sell some of its products directly on the website of the online behemoth through a programme designed to keep fakes off the site. In other news, it was revealed that one of Amazon's technology leaders, Bali Raghavan, has left the company.




Europe


Simplifying operations ▪ British grocer Tesco streamlines its customer service operations by combining them in Dundee. 1,100 call centre jobs in its Cardiff centre are at risk. Meanwhile, Finland’s Kesko is focusing on its core categories by selling its Asko and Sotka furniture trade chains for EUR 67 million.



Aldi delivers ▪ The Southern unit of the German discounter has introduced a new online delivery service for selected large items. While this can be seen as a venture into e-commerce, LZ Retailytics argues that the service isn't new and can hardly be called a big online solution.


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Auchan acquires in Ukraine ▪ The French retailer continues to expand in the Eastern European country by acquiring local retailer Karavan, which operates 9 hypermarkets in five different cities. The purchase will not only strengthen Auchan’s presence, it will effectively double its store network.



Colruyt stays on top ▪ Boosted by the acquisition of French foodservice business Pro à Pro, the Belgian market leader has posted a 3.4 % increase in full-year revenue to EUR 9.4 billion and consolidated its top position. Analysts, however, think that Colruyt is moving towards saturation in its domestic market.




Asia & Africa


Tesco's Thai strategy ▪ The online business of Tesco Lotus is experiencing double-digit growth (paywall), according to the company's online director, Mark Roughley. Therefore, Thailand's leading retailer will continue to focus on the demands of today’s omnichannel shoppers.



Vietnam attracts foreigners ▪ US pizza delivery chain Papa John’s is looking for franchisees in the Southeast Asian country, which remains attractive for foreign investors. However, be aware of the country’s watchdog. Local tax authorities have been asked to inspect foreign-owned retailers for tax avoidance.




Weird and wonderful


George Clooney's surprise shot ▪ The Hollywood actor may be the face of various films and fancy coffee, but it's with premium spirits that he just hit the jackpot. British drink giant Diageo agreed to acquire tequila brand Casamigos, co-founded by Clooney, for a whopping US$ 1 billion.



Outsmarting the machine ▪ Since smart machines are faster and often more accurate than humans, mere mortals have to come up with new ideas to overcome ego and fear. To remain relevant, humans have to be attentive, intuitive and creative collaborators. This is according to the Harvard Business Review.