A billion-dollar beverage giant is emerging as coffee maker Keurig Green Mountain has agreed to acquire drinks maker Dr Pepper Snapple. More takeovers are shaping up with Casey's General stores bidding for Kroger's convenience business and beauty company Avon is being urged to put itself up for sale. Enjoy the read!




Tuesday, 30 January 2018





Hello ,

A billion-dollar beverage giant is emerging as coffee maker Keurig Green Mountain has agreed to acquire drinks maker Dr Pepper Snapple. More takeovers are shaping up with Casey's General stores bidding for Kroger's convenience business and beauty company Avon is being urged to put itself up for sale. Enjoy the read!




USA & Canada


Coffee meets soda ▪ Keurig Green Mountain, the coffee group owned by Germany's JAB Holding, will buy soda maker Dr Pepper Snapple Group in a deal worth to be US$ 21 billion, bringing the K-Cup brand and drinks such as 7UP and Sunkist under one roof. It also pushes JAB into competition with the likes of Coca-Cola and PepsiCo.



Up for sale ▪ Activist shareholder Shah Capital has called Avon to explore a possible sale as the cosmetics maker is fighting losses and increased competition. Iowa-based Casey's General Stores also experiences pressure from investors and has submitted an initial bid to buy Kroger's convenience store business.


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Delivery pilot ▪ Convenience-store franchise 7‑Eleven is testing a delivery and in-store pickup ordering system at ten selected Dallas stores with a new smartphone app. The pilot is expected to roll out to other locations in 2018 as part of the company's “significant digital transformation”.




Asia


Strategic investment ▪ Tencent has partnered with retailer Suning, JD.com and property developer Sunac China Holdings to buy a 14% stake in mall operator Wanda Commercial for US$ 5.4 billion, as the Chinese technology titan pushes ahead with its plans to integrate its online services with old-school retail.



Transforming Malaysia ▪ Alibaba Cloud has launched its smart city initiative in Kuala Lumpur. The project, which already runs in cities in China, will use artificial intelligence, big data and cloud technologies to support the country’s digital transformation and help its cities run more efficiently.




Europe


Accelerating growth ▪ Catalonia-based retailer HD Covalco Group is planning to open 100 new franchise stores throughout Spain in 2018, compared to 79 last year. Meanwhile, UK discount chain Dealz, which also operates under the Poundland banner, continues its European expansion and will enter Poland this February.



Brand strategies ▪ Carrefour has announced that it will become the first retailer to sell 100% organic French bread in its stores, as part of the group's transformation strategy. In neighbouring Italy, grocer Conad is to modernise its existing private labels, turning them into 'real brands' by increasing their quality and healthiness.



Reporting results ▪ Revenue at Russian grocer O'Key declined in Q4. The group claimed growing competition as well as the sale of its supermarket business to rival X5 Retail in December. UK alcohol wholesaler Conviviality enjoyed a 9.2% sales increase to GBP 836.3 million in the first half of the year, but posted falling profit.




What to watch


Zero waste ▪ Vancouver is about to get its first no-package grocery store. 'Nada' offers food in bulk bins or in jars customers can pay a deposit for. The store will be a fully-stocked grocery store, providing everything from vegetables to milk to granola, a bakery and a deli section.



Online groceries ▪ In as few as six years, 70% of US consumers will be grocery shopping online. That’s according to a study by the Food Marketing Institute and Nielsen. Last year, the same report predicted that it will take up to 10 years until the majority of Americans go online to buy food.