French retail giant Casino and American grocer Albertson are stepping up their online game. In Britain, efforts to sell or restructure supermarket supplier Palmer & Harvey failed while the industry is still guessing who will win the Anglo-Dutch struggle to woo Unilever. Enjoy the read and feel free to share!




Wednesday, 29 November 2017





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French retail giant Casino and American grocer Albertson are stepping up their online game. In Britain, efforts to sell or restructure supermarket supplier Palmer & Harvey failed while the industry is still guessing who will win the Anglo-Dutch struggle to woo Unilever. Enjoy the read and feel free to share!

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Europe


Downward spiral ▪ Wholesaler Palmer & Harvey, which supplies 90,000 shops across the UK, has fallen into insolvency with the loss of 2,500 jobs. Tesco’s takeover of Booker is said to have been the catalyst. Also sliding into administration is homewares retailer Feather & Black, putting 123 jobs at risk.



Beneficial agreement ▪ In its first international expansion, British e-tailer Ocado has landed in France via a partnership with supermarket group Casino, which will use its online grocery platform. The first beneficiary of the technology transfer will be Monoprix. Ocado’s CEO Tim Steiner said the deal could be the first of many.



Enhancing performance ▪ Russian retailer Lenta plans to strengthen its market position by expanding its own labels, focussing on its standard and premium private label segments. The St.Petersburg-based hypermarket operator has also purchased 130 new delivery trucks to improve its supply chain.




USA & Canada


Delivery deals ▪ Idaho-based grocer Albertsons is teaming up with Instacart to offer same-day delivery to customers at about 1,800 locations. Same-day delivery offers have tripled in the past year in the US, from 16% to currently 51%, according to a digital survey.



Bumper sales ▪ Canadian convenience chain Couche-Tard posted a 35% increase in profit to US$ 435 million in its latest quarter, despite the negative impact of hurricanes. Without giving numbers, online giant Ebay claims that Cyber Monday was its biggest ever with “a tablet sold every 7 seconds”.



Store spaces ▪ Everlane is putting down physical roots. The online clothing brand will open its first two permanent retail stores in San Francisco and Manhattan. Deluxe home furnishings retailer Restoration Hardware has launched the latest iteration of its innovative 'gallery’ format in Florida.




Asia & Africa


Redefining customer experience ▪ Chinese start-up BingoBox plans to introduce its cashierless concept to Hong Kong next year, targeting neighbourhoods and suburbs. The company currently runs 200 unmanned convenience stores in its home country.



No sweet treats ▪ Mondelēz, Nestlé's chocolate division and Ferrero Rocher have lost some of their appeal in India as health-conscious consumers cut back on discretionary buying in a slowing economy. Confectionery makers posted a near-decade-low sales growth last year in India.



Eyeing opportunities ▪ Tiger Brands, South Africa’s largest food maker, is on the look out for more acquisitions outside its home market, even as it reported sharp slowdown in profit growth and warned that competition would intensify as customers in its home market cut spending.




Thought-provoking reads


Unilever's choice ▪ While the Anglo-Dutch consumer goods giant initially said it would choose between London and Rotterdam for its sole headquarters by the end of this year, the decision has been delayed and will come “in due course”. The Guardian ponders which country will attract Unilever.



Ethical decisions ▪ Increasingly consumers consider buying something as an act that impacts others. They are willing to pay more for responsible business practices. It is time for the natural products industry to engage consumers in climate action and regenerative agriculture, says a recent research by Supermarket News.