Walmart has another go at archrival Amazon by making checkout lanes obsolete. In the UK, Sainsbury's announced a significant pay rise for its shop floor staff and online fashion retailer Asos doubles down in the US. Meanwhile, McDonald's is set to grow in rural China and France's Decathlon debuts in Hong Kong. Enjoy the read!




Wednesday, 09 August 2017





Hello, dear reader

Walmart has another go at archrival Amazon by making checkout lanes obsolete. In the UK, Sainsbury's announced a significant pay rise for its shop floor staff and online fashion retailer Asos doubles down in the US. Meanwhile, McDonald's is set to grow in rural China and France's Decathlon debuts in Hong Kong. Enjoy the read!




USA & Canada


Beating queues ▪ Walmart is expanding its "Scan & Go" app, which allows shoppers to scan barcodes of their purchase and pay with their smartphones. The retailer has also filed a patent for a video system that allows the company to 'read the facial expressions' of its customers. Watch out, Amazon!



Delivery alliances ▪ Sprouts Farmers Market, which is regarded as one of the last remaining takeover candidates, plans to extend its role as an Amazon Prime Now delivery partner significantly. Meanwhile, Office Depot has teamed up with Deliv to roll out a same-day delivery service for its customers.



Fashion moves ▪ British online fashion giant Asos has unveiled plans to launch its second US fulfilment centre to supercharge its growth in the country. Tighter cost controls allowed US lifestyle brand Ralph Lauren to record better-than-expected quarterly results amid sales decline.




Europe


Sainsbury's rewards staff ▪ Britain's second largest supermarket has announced a significant pay rise for its for 135,000 colleagues on the shop floors. This comes just after proposed cuts to 1,000 head office workers emerged as part of a plan to save the business GBP 500 million in 2017.



Amazon builds in Spain ▪ The US online juggernaut has announced that it will open a new logistics centre in the Spanish town of Toledo, from where it will be able to serve customers all over Europe. The project is expected to create 900 jobs in its first three years of operation.


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Promising partnerships ▪ Russia’s X5 Retail Group and Post Bank will launch a co-branded Visa card for its Pyaterochka minimarket banner. Croatian ice cream producer Ledo has signed with Portuguese supermarket chain Pingo Doce to exports its products to Portugal.




Asia & Africa


Overseas expansions ▪ Under new management in China, McDonald’s plans to double the number of its stores in the country, seeking to open 500 outlets a year in the next five years. Meanwhile, French sports retailer Decathlon has launched its first physical store in Hong Kong.



Lawson partners in Thailand ▪ The Japanese convenience store operator wants to increase the number of its outlets in the Southeast Asian country from 108 to 500 units by 2020. Therefore, its local operator, Saha Lawson, has agreed on a joint venture with petrol station operator Susco.



Steinhoff wants Shoprite ▪ After having merged all its South African brands into one new company, the retail giant unveiled plans to take control of supermarket operator Shoprite in a deal worth US$ 2.6 billion. As a result, shares of the latter dropped more than 5%.




Analysis & Expectations


Thinking ahead ▪ LZ Retailytics is weighing the chances for Rewe's Billa supermarket chain to succeed in the challenging Ukrainian market. The retail analysts are also scrutinizing Carrefour's decision to expand click & collect to its franchise minimarket network in Poland.



Where e-commerce stops ▪ Shopping for groceries online is apparently not an option for the vast majority of American consumers. That is according to an annual survey by Gallup. Only 9% of interviewed adults report that their household shops online for groceries at least once a month.