Supermarket price wars in Britain claim more victims. Now, Sainsbury's is looking to massively reduce costs by axing jobs. Meanwhile, Aldi supports fair working conditions for banana producers. With the festive season ahead, JD.com is set to beat Alibaba in China and Flipkart takes on Amazon in India. Enjoy the read and feel free to share!




Wednesday, 18 October 2017





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Supermarket price wars in Britain claim more victims. Now, Sainsbury's is looking to massively reduce costs by axing jobs. Meanwhile, Aldi supports fair working conditions for banana producers. With the festive season ahead, JD.com is set to beat Alibaba in China and Flipkart takes on Amazon in India. Enjoy the read and feel free to share!




Europe


Staffing shake-up ▪ In a bid to meet 'future challenges', Sainsbury's will cut thousands of store and office roles. The UK grocer is restructuring its human resources functions to save GBP 500 million. All major UK chains have announced redundancies due to intensifying competition with Aldi and Lidl.



Globus grows in Russia ▪ The German hypermarket operator posted a 6.2% rise in turnover of EUR 7.52 billion in 2017, mainly due to the positive development of its Russian operations. The country's unconsolidated market offers Globus room for experimentation, says LZ Retailytics.



Online convenience ▪ Metro's Real will launch a delivery service for fresh groceries in Germany and extend its online offer to more cities. In Britain, pure player Ocado has introduced a feature that allows shoppers to save time by scheduling automatic additions of regularly purchased items to their online purchases.



Dedicated design ▪ Iconic Italian kitchen appliances brand Smeg has opened its first-ever standalone store in Britain with a flagship in central London. Split over three floors, the store features Smeg's Italian farm, including cheeses and wine as well as a theatre for cooking demonstrations.




USA & Africa


Tech commitments ▪ After having purchased Moosejaw, Bonobos and Parcel to name a few, Walmart is on the lookout to buy more tech start-ups with a specialist positioning, according to e-commerce boss Marc Lore. Meanwhile, drugstore chain Walgreens will establish a "technology centre of excellence" in Chicago.



Fresh partnership ▪ Meal Kit provider eMeals has teamed up with AmazonFresh. The former lets consumers plan meals and shop for groceries in one spot. Subscribers can now send their shopping list, which is automatically generated for all meals selected each week, to the online giant with one click.



Profit fall at Pick n Pay ▪ The Cape Town headquartered supermarket operator reported a 25% fall in half-year earnings, claiming a weak economy and staff cuts. Grocers in Africa’s most advanced economy, which include Shoprite and Woolworths, have been under pressure to keep prices low.




Asia & Australia


Festive competition ▪ As China prepares for its biggest shopping event of the year, Singles Day on November 11, JD.com is busily building alliances with the likes of Tencent and Walmart to combat Alibaba. In India, e-commerce leader Flipkart has trumped Amazon during Diwali season by increasing its market share.



Courageous debuts ▪ UK retailer Debenhams is opening its first Australian store in Melbourne. The bold move comes as fashion chains have collapsed and the city's flagship department store Myer battles flagging sales. The latter has appointed former Bulgari manager Julie Ann Morrison as a director to its board.




Sustainability matters


Supporting fairness ▪ In a further commitment to comprehensive sustainability principles, Aldi Nord and Aldi Süd have both joined the World Banana Forum - an initiative that promotes fair working conditions and sustainable production for bananas.



Fighting waste ▪ With the aim to encourage them to use leftover products rather than throwing them away, Carrefour Italia has partnered with pasta producer Barilla. In the UK, former Asda boss Andy Clarke is calling on the industry to abandon plastic packaging entirely and look for alternatives.