German discount powerhouse Lidl stays committed to its expansion plans in the UK, where the vegan health craze continues to rage. Tesco and online pure player Ocado are the latest retailers to give the plant-based products a go. Meanwhile, Amazon has set its eyes on the food scene in India. Enjoy the read and feel free to share!




Tuesday, 09 January 2018





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German discount powerhouse Lidl stays committed to its expansion plans in the UK, where the vegan health craze continues to rage. Tesco and online pure player Ocado are the latest retailers to give the plant-based products a go. Meanwhile, Amazon has set its eyes on the food scene in India. Enjoy the read and feel free to share!




Europe


Pushing ahead ▪ Lidl is set to open its biggest warehouse in the UK yet, creating up to 1,000 new jobs. The facility, which will be located in the greater London area, forms part of the discounters GBP 1.45 billion investment commitment in Britain, where it operates 690 stores and has an estimated market share of 5.1%.



Cooperative moves ▪ Norway's second largest grocer, Coop Norge, plans to add further 100 discount stores to its Extra banner this year. Meanwhile, Coop Switzerland, which aims to acquire small German wholesaler Niggemann which specialises in fresh food, has seen a 3% increase in net sales to EUR 26.3 billion in 2017.



Going vegan ▪ Following the footsteps of Aldi and Sainsbury's, Tesco has announced that it is launching its largest own-brand plant-based food range. The traditional retailers are not the only ones to bet on the healthy food trend. Online supermarket Ocado has added over 90 vegan products to their metaphorical shelves.



Profit warning ▪ UK maternity and childrenswear specialist Mothercare is the second big high street name to warn on profits after Debenhams said last week it would cut jobs and close more stores after a poor festive period. Analysts think that its lack of discount is costing it dear.




Asia


Glamour and quality ▪ French fashion label Saint Laurent is set to leverage the strong luxury goods demand from Chinese consumers and will start selling online in the country through a JD.com portal. The appreciation for high-quality products has prompted Switzerland's Migros to team up with Alibaba's Tmall to expand its offering in China.



Focus on food ▪ After receiving government approval to invest US$ 500 million in its food retail business in India, Amazon will start selling locally made food, competing with Bigbasket and Grofers. Equally challenging local players is UK food-delivery start-up Deliveroo as it prepares its Indian launch.



E-commerce boost ▪ Singapore-headquartered supermarket chain Cold Storage has announced another collaboration with Jakarta-based food tech company Happy Fresh to further enhance online shopping experiences in Malaysia, where it operates under three different banners.




USA & Latin America


Positive outlooks ▪ Like its rivals, Macy's and J.C.Penney, department store operator Kohl's reported robust holiday sales and impressed analysts. The festive season was even better than expected for leisure apparel maker Lululemon, which prompted the Canadian retailer to raise its profit forecast.



Executive changes ▪ Whole Foods Market has named Nicole Wescoe president of the chain’s Northeast region. Wescoe will supervise the opening of the first smaller-format 365 store on the East Coast, which includes Next Level Burger, a plant-based burger chain.



Avocado alliance ▪ South Africa-based multinational Westfalia Fruit International will partner with Chilean fruit supplier Agricom for a “leading position in the global avocado supply”. The companies are set to maximize synergies and build on common legacies of innovation and sustainability.




Insider Interview


Global ambitions ▪ Alibaba Group's Managing Director for Germany, Austria, Eastern Europe and Turkey, Karl Wehner, talks to Sportswear International and explains how the Chinese online giant plans to gain market share in Europe and how to bring more European products on to its Chinese platforms.