Iconic Australian ice cream brand Weis has been bought by Anglo-Dutch giant Unilever, and Metcash is making further inroads into China. One year from its merger, Ahold Delhaize posted promising results. Enjoy the read and feel free to share.




Thursday, 10 August 2017





Hello, dear reader,

Iconic Australian ice cream brand Weis has been bought by Anglo-Dutch giant Unilever, and Metcash is making further inroads into China. One year from its merger, Ahold Delhaize posted promising results. Enjoy the read and feel free to share.




Europe


Merger pays off ▪ After celebrating its first anniversary as an entity, Dutch-Belgian retail giant Ahold Delhaize posted significant growth rates in its first half year results, thanks to strong sales in the Netherlands, but challenges remain. The company has also announced some changes in its supervisory board.



Beer partnership ▪ Anheuser-Busch InBev has announced that it is merging its operations in Russia and Ukraine with Turkish brewer Anadolu Efes, in an attempt to strengthen their position in a declining market.The Belgium-based brewer owns 24 % of Efes, which it inherited from SABMiller.



Coop Danmark considers changes ▪ Peter Høgsted, CEO of the Danish retailer, thinks about the synergy of putting the company's different formats under a common Coop umbrella. This seems to be the right way since the banners’ similarities increasingly outweigh their differences, says LZ Retailytics.




Asia & Australia


Ice cream deals ▪ Global food major Unilever has purchased 60-year-old Toowoomba ice cream company Weis, the family-owned producer of the Mango and Cream Bar. Meanwhile, US ice-cream brand Cold Stone Creamery has signed a master franchise in Malaysia and will open 20 stores in the country.



Cross-border collaboration ▪ To offer Chinese consumers a wider range of high quality products from Down Under, retail giant Suning has signed a cooperation agreement with Australian wholesaler Metcash. And to meet the demand for upscale Japanese products, Tokyo-based toiletries maker Lion will produce toothpaste exclusively for Alibaba.


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USA & Canada


Walmart stays active ▪ Online beauty retailer Birchbox has been discussing a potential sale with several retailers, including Walmart. It would be the big box retailers fifth e-commerce acquisition since last August. Birchbox has raised more than US$ 80 million since it was founded in 2010.



Bankruptcy survivor ▪ US footwear retailer Payless wants to emerge from bankruptcy and is banking on a strategy focused primarily on bricks-and-mortar sales. A major part of its growth strategy is to open more stores across Latin America and develop franchises in Asia.



Online moves ▪ Target extends its partnering initiatives with popular online retail brands. The US discounter announced it will sell toys and treats from pet supplier BarkBox. Meanwhile, Amazon and China's Tencent are set to invest US$ 300 million in newly created smartphone company Essential.




Survey results


Global players ▪ A huge number of retailers do not know how to respond to the power of Amazon, according to study from software company Bluecore. Chinese competitor Alibaba is on its way to serve more than 2 billion shoppers worldwide, says a global think tank.



Empty malls ▪ Vacancy levels in Australian shopping centres are at their highest since the global financial crises, says retail leasing agent JLL. In the last 18 months, 763 stores have closed and major chains such as Topshop and GAP shut down.