Germany's Kaufland has stopped the roll-out of its online delivery service and wants to focus on its existing Berlin operation. Following Walmart, US retailer Target expands its partnership with Google and Canada's Metro clears the way for its pharma acquisition. Read also about Nespresso's concept store and an innovative convenience hybrid in Denver.




Friday, 13 October 2017





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Germany's Kaufland has stopped the roll-out of its online delivery service and wants to focus on its existing Berlin operation. Following Walmart, US retailer Target expands its partnership with Google and Canada's Metro clears the way for its pharma acquisition. Read also about Nespresso's concept store and an innovative convenience hybrid in Denver.




Europe


On the backburner ▪ German big-box giant Kaufland has opted to put its e-commerce expansion on hold. Insiders reckon that the Schwarz Group unit and Lidl sister company might take more time to examine the cost structure. Germany's grocers are under pressure since Amazon Fresh started in the capital.



Speedy delivery ▪ British online fashion giant Asos is trialling a same-day delivery service, available in select London postcodes with the potential of expanding it to other cities. Following roll-outs in Paris and Lyon, French retailer Carrefour will introduce its express delivery (paywall) service in Montpellier.



Crai is confident ▪ The Italian grocer anticipates further growth and an increase in revenue according to its CEO Marco Bordoli. He has announced plans for the launch of an online channel. The Milan-based company also introduced a new fruit and vegetable platform. Crai operates over 3,000 stores.




USA & Canada


Metro sells stakes ▪ The Canadian retailer has agreed to put the majority of its stakes in convenience store giant Alimentation Couche-Tard on sale for about US$ 1.24 billion to fund its purchase of pharmacy chain Jean Coutu. Metro also announced to invest US$ 400 million in its Ontario distribution network.



Anti-Amazon alliance ▪ US discounter Target expands its relationship with Google. Target shoppers across the US can now place voice orders. The deal will also see the two companies working together more closely in the future in a number of areas. Competition in the battle against Amazon is heating up.



Holiday hires ▪ Amazon joins the list of retailers cautious about their hiring plans and said it would employ 120,000 workers this holiday season, the same number as last year. They will work in more than 75 fulfilment centres across the US. Department store chain Macy’s announced plans to hire 3,000 fewer workers.




Asia


Leaving China ▪ Japanese brewer Asahi Group wants to get rid of its nearly 20% stake in Qingdao-based Tsingtao Brewery to focus on its expansion in Europe and other Asian countries. After having shut most of its Chinese stores, South Korea's Lotte Group aims to sell existing Lotte Marts in the country by the end of the year.



Reporting results ▪ Operating profit at Japan’s Seven & i Holdings rose 7.2% in the six months ended August, helped by a steady growth in sales across its convenience stores. Retail company Fast Retailing, owner of clothing chain Uniqlo, enjoyed a 13.4% rise in profit for the full year on the back of strong growth in Asia.




Future stores


Spoilt for choice ▪ A new hybrid convenience-store and fast-casual restaurant called Choice Market debuts in downtown Denver this week. Founder Mike Fogarty said he was inspired by small grocery stores in Europe. Convenience stores enjoy a strong growth in the US according to their industry body.



Celebrating coffee ▪ After successful trials in New York and Cannes, Nespresso's brand new concept store launches in Liverpool. The boutique hosts coffee tasting rituals, bespoke and interactive classes for customers, alongside demonstrations of Nespresso’s machines and how to master the art of coffee making.