Inspiring store concepts are always a good weapon in the fight against the ever-increasing power of e-commerce. The Coop group is testing a new convenience format in Britain and Ahold is set to overhaul its smaller stores banner in the US. In Russia, Dixy wants financial stabilisation, while competitor Lenta has joined a powerful buying group.




Wednesday, 22 November 2017





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Inspiring store concepts are always a good weapon in the fight against the ever-increasing power of e-commerce. The Coop group is testing a new convenience format in Britain and Ahold is set to overhaul its smaller stores banner in the US. In Russia, Dixy wants financial stabilisation, while competitor Lenta has joined a powerful buying group.




Europe


Russian strategies ▪ In a bid to increase its sourcing capacities, St. Petersburg-headquartered hypermarket chain Lenta will join leading European buying alliance EMD. The board of Dixy Group will discuss a de-listing of its shares from the Moscow Exchange. The food retailer has struggled to grow sales for a number of years.



E-commerce commitments ▪ Despite the generally known problems with profitability, Migros believes in the future of online grocery. The Swiss retailer has invested in German start-up Emmasbox, which offers refrigerated lockers. Meanwhile, the Italian the e-commerce sector registered an impressive growth rate of 43% this year and is worth EUR 849 million.



Convenient experiments ▪ British retail conglomerate The Coop Group is trialling the "ultimate format " for its larger stores with a focus on fresh products and semi-prepared meal ideas. A wider range of nonfood items will also be available. The trial is not related to the Nisa takeover deal, according to a spokesman.




USA & Canada


Innovative ideas ▪ After having closed two of its US small-format stores, considered to be a 'learning lab', Ahold is rethinking its strategy for fresh-focused concepts. Convenience-store chain Quicklee’s has opened a new format in New York that will appeal to travellers and truckers alike, featuring two different retail areas.



Merger casualty ▪ Amazon's takeover of Whole Foods appears to have claimed its first victim as Colorado-based organics retailer Door to Door abruptly shut down last week. In its last filing as a stand-alone company, Whole Foods announced its Q4 sales rose 4.4%, to US$ 3.65 billion.



Strong performances ▪ Home improvement giant Lowe's reported that its third-quarter sales increased 6.5% to US$ 16.8 billion, boosted by hurricane-related spending. Dollar Tree enjoyed better-than-expected results in the same period. Net sales at the discounter grew 6.3% to US$ 5.32 billion.




Asia & Australia


Amazon ante portas ▪ The e-commerce juggernaut as told its Australian sellers to be prepared to take orders from November 23 and is expected to go live tomorrow at 2 pm. The start date will help Amazon tap into Black Friday demand.



Japanese initiatives ▪ Seven & I Holdings has partnered with Hello Cycling to rollout up to 1,000 bicycle hubs at 7-Eleven Japan outlets. Japanese e-commerce conglomerate DMM will spend US$ 62 million to buy pawn shop app Cash, which appraises the value of an item based on user photos and offers a cash advance.



Survival mode ▪ Struggling Australian retail group Specialty Fashion will close over 300 outlets in an attempt to revive the company's fortune and accelerate its e-commerce channels. The target is to reach “an optimised network of around 700 stores.”




Good intensions


Fighting waste ▪ Woolworths Australia has announced to support a government strategy, which targets to deliver a 50% reduction in food waste by 2030. Asian grocery chain T&T is expanding its pilot project of operating an on-site food digester system to treat organic waste from its supermarkets.



Noise control ▪ Australian supermarket chain Coles will roll out an autism-friendly shopping experience at nearly 70 stores across the country, following a successful trial earlier this year. The 'Quiet Hour 'programme reduces noise and distractions to make shopping easier.