A number of major global brands are shunning YouTube after being featured alongside inappropriate content. Black Friday has emerged as a triumph for most, but now Cyber Monday is here and it could be a record breaker. China’s two e-commerce heavyweights have their attention elsewhere though, fighting it out through their lawyers. Enjoy the read and feel free to share.




Monday, 27 November 2017





Hello ,

A number of major global brands are shunning YouTube after being featured alongside inappropriate content. Black Friday has emerged as a triumph for most, but now Cyber Monday is here and it could be a record breaker. China’s two e-commerce heavyweights have their attention elsewhere though, fighting it out through their lawyers. Enjoy the read and feel free to share.

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Europe


Online stands ▪ Major global brands including Cadbury, Diageo and Lidl have suspended advertising on YouTube after revelations their ads were shown next to predatory comments targeting children. Italy’s biggest bricks and mortar retailers have banded together to launch a manifesto demanding fairer competition between themselves and online players.



Under fire ▪ UK retailer WHSmith is accused of restricting access for wheelchair users by filling its aisles with extra baskets. Fellow Brit Tesco is defending itself from claims of paying Christmas temps with gift cards, saying it uses them for a small number of employees where there is no alternative.



Busy Brits ▪ Takeaway website Just Eat is on the cusp of entering the FTSE 100 after its market value leapfrogged Sainsbury’s to GBP 5.6 billion. Upmarket grocer Booths is up for sale, with an asking price of between GBP 130 million and GBP 150 million. The troubled family-run chain has brought in advisers to consider bids.




USA & Canada


Black Friday debrief ▪ Retailers enjoyed a bump in stocks after the shopping bonanza, helped along by online sales reaching record highs while bricks and mortars were only slightly down. The spending frenzy continues today with Cyber Monday projected to generate another US$ 6.6 billion in sales.



Sobeys swings the axe ▪ Canadian grocer Sobeys will cut 800 office jobs under a reorganisation of the company as it looks to streamline into one national business rather than five regional entities. The supermarket chain has been struggling for several years but is seeing signs of a turnaround.



Holiday fails ▪ Struggling department chain Macy’s faced every retailer’s worst nightmare on Black Friday after its credit card processors stopped working. Amazon is facing escalating competition between merchants over the festive season with many resorting to dirty tactics to undermine rivals.




Asia & Australia


Clash of the titans ▪ China’s dominant online platforms, Alibaba and JD.com, are engaged in a war of words via lawyers with both crying foul over tarnished reputations. Alibaba is implying its rival is behind a rise in chat rooms accusing it of using its size to force merchants to choose sides, which JD.com denies.



Foreign imports ▪ Japanese casual clothing brand Uniqlo is setting its sights on India, with preparations already underway to open stores there next year. Tech giant Apple is putting the finishing touches on its first Korean flagship store, to be based in Seoul.



Attracting controversy ▪ Myer’s problematic investor, Solomon Lew, is expected to call an extraordinary general meeting of shareholders to vote on his nominees for the department chain’s Board. A major meat supplier to Woolworths, Coles and Aldi is being criticised for its use and treatment of hundreds of migrant workers to boost profits.




Weird & wonderful


Hot stuff ▪ An Australian mum making nearly AU$ 8,000 a day selling hot sauce on Amazon is welcoming its arrival in Australia. Renae Bunster sells her Sh*t the Bed Hot Sauce on the platform, with the cult favourite taking out global heavyweights Sriracha and Tabasco to hit the number one spot.



Brawls for bargains ▪ Black Friday has always been known to bring out the worst in some shoppers, with this year proving no different. This time a mall in Alabama dominated headlines after a fight and fireworks (mistaken for gunfire) forced the shopping centre to close early Thursday night.