Some interesting mergers and acquisitions are shaping up in the US, Amazon is determined to go ahead with its 'Amazon Go' banner. Ikea has ambitious plans in India, which includes multi-store formats and experience centres, German organic grocer Alnatura trials an express concept and Aldi revealed a gender pay gap in the UK.




Monday, 26 February 2018





Hello ,

Some interesting mergers and acquisitions are shaping up in the US, Amazon is determined to go ahead with its 'Amazon Go' banner. Ikea has ambitious plans in India, which includes multi-store formats and experience centres, German organic grocer Alnatura trials an express concept and Aldi revealed a gender pay gap in the UK.

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US & Canada


Going shopping ▪ Cereal maker General Mills entered the pet food aisle by acquiring Blue Buffalo Pet Products for US$ 8 billion, foraying into a fast-growing market segment, worth US$ 30 billion. Meanwhile, Texas-based Brookshire Grocery will buy eight Louisiana Winn-Dixie stores from financially troubled Southeastern Grocers.



Amazon Go expands ▪ The online giant from Seattle reportedly plans to launch six more futuristic cashierless stores this year. One of it might open in Los Angeles, which marks just the latest example of Amazon using that city as an early testing ground for new products and services.



Reporting results ▪ Organic grocer Sprouts Farmers Market enjoyed a double-digit increase in net sales to US$ 4.7 billion in 2017. Also, a reason to celebrate has retailer and food distributor SpartanNash, whose overall sales rose more than 5%, while Canada's Loblaw is facing some challenges ahead with a profit drop in Q4.




Europe


Aldi gets transparent ▪ The German discounter has become the second major retailer in Britain to publish its gender pay gap statistics revealing a better than average disparity with a median gap of just 4.8%, less than a third of the national average of 18.4% and below Tesco’s 8.7%.



Health express ▪ Alnatura is reportedly set to launch a smaller format in a train station in Leipzig, in the east of Germany. The minimarket could be a fantastic opportunity for the organic grocer to attract a new target group by offering alternatives inspired by grains and fresh fruit, says LZ Retailytics.



Crunching numbers ▪ British American Tobacco has posted a 37.6% increase in revenue to GBP 20.29 billion in 2017, driven by its acquisition of Reynolds American. FrieslandCampina's purchase of Engro Foods in Pakistan helped the Dutch dairy giant to increase the revenue to EUR 12.1 billion.




Asia


Ikea accelerates in India ▪ Two large multi-format stores in Mumbai, a few experience centres and its first fully owned distribution facility in Pune are on the agenda of the Swedish furniture giant. The investment will be deployed over two-three years, said Patrik Antoni, deputy country manager at Ikea India.



Growing strong ▪ Singaporean supermarket chain Sheng Siong Group reported a 9.3% rise in net profit to SG$ 16.8 million in Q4. Over in Thailand, convenience giant CP All posted a net profit of US$ 631.55 million for its FY2017. This was an increase of 19%.



Galaxy flagship ▪ Samsung grabbed centre stage in Barcelona at Mobile World Congress with the unveiling of its latest smartphone: the Galaxy S9. The South Korean tech giant is betting on augmented reality and camera upgrades to attract young consumers and to stay ahead of its rivals.




Insider Insights


The delivery threat ▪ Brad Banducci, boss of Woolworths Australia, is more worried about food delivery services like UberEats than he is about Amazon, and says the country's largest supermarket will lose customers if it doesn't address the demand for "ultra-convenience".



Walmart's fragile hero ▪ He was hailed as an online guru, the guy who would drag the world's largest retailer into the digital-commerce era and put Amazon in its place. But 18 months after selling his start-up to Walmart, Marc Lore is finding those expectations awfully hard to meet.