Chinese internet giant Alibaba has launched a blistering attack on the US, calling its counterfeit claims ‘absurd’. Meanwhile, Walmart has promoted one of its top vets to a role known as a breeding ground for future CEOs. Enjoy the read and feel free to share.




Thursday, 18 January 2018





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Chinese internet giant Alibaba has launched a blistering attack on the US, calling its counterfeit claims ‘absurd’. Meanwhile, Walmart has promoted one of its top vets to a role known as a breeding ground for future CEOs. Enjoy the read and feel free to share.

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Asia


Fighting back ▪ In a point-by-point rebuttal, Chinese e-commerce giant Alibaba has blasted the US over its inclusion on the government’s counterfeit watchlist, blaming politics. The online retailer rolled out a series of online and offline measures to fight fakes earlier this week.



Cashing up ▪ JD.com is joining the raft of Chinese e-commerce majors looking to shore up their logistics businesses to support global expansion ambitions. The online behemoth wants to expand its US$ 10 billion logistics arm, launching a round of fundraising with the goal of raising US$ 2 billion.




USA


Stepping stone ▪ Walmart has tapped one of its top executives, Judith McKenna, to run its international unit, a role known to pave the way to CEO territory.



Clever initiatives ▪ US grocer Kroger will introduce dynamic smart shelf labels across 200 stores by the end of the year, which will eventually communicate with customers’ smartphones. Amazon is introducing a selection of under US$ 10 products that ship for free in a bid to take on discount shopping apps like Wish.



Online grocery market ▪ An unstoppable Amazon now owns 1/5th of US online grocery according to new research, which estimates the online heavyweight pulled in US$ 2 billion of sales last year.




Europe


Making amends ▪ Customer outcry has prompted UK grocer Tesco to back down over its Clubcard revamp, delaying all changes to its loyalty scheme until June. Swedish fashion retailer H&M is looking to ease accusations of racism after an ill-judged hoodie triggered a PR nightmare, appointing a global diversity leader.



Sales success ▪ Italian grocer Unes enjoyed a 4.6% bump in sales last year, thanks to the standout performance of its premium private label range Il Viaggiator Goloso. French retailer Groupe Casino says ‘tweaking the formula’ has proven a smart move, with full year sales figures (subscription only) up 2.4% for the year to EUR 37.8 billion.



More stores ▪ British discounter The Works will open 50 stores this year, after its strongest ever Christmas trading performance. American pizza giant Domino’s has big ambitions for Sweden, with plans to open over 100 restaurants there in the next few years.




Inspiring innovations


Stores on wheels ▪ Forget grocery delivery, one tech company wants to work with retailers to bring the shop to customers. Robomart is a self-driving store on wheels, equipped with shelves for groceries and sensors to identify when stocks are low, and includes a refrigeration system for perishables.



Against the grain ▪ Natural home care startup Grove Collaborative is betting against the “Amazonization” of everything, launching a tech company that helps move products by prompting consumers to buy at the ideal time.