US President Donald Trump has found a new opponent in the form of Amazon, and wants to rein in the e-commerce giant's dynamic growth. Across the Atlantic, English authorities have introduced a nationwide deposit return scheme for drink containers, but retailers are worried about who will foot the bill. In yesterday’s newsletter a mistake crept in: Of course, GSK did not buy Novartis, but just its stake in their joint venture. Our apologies. The RetailUpdate team wishes you a happy Easter and will be back Tuesday.




Thursday, 29 March 2018





Hello ,

US President Donald Trump has found a new opponent in the form of Amazon, and wants to rein in the e-commerce giant's dynamic growth. Across the Atlantic, English authorities have introduced a nationwide deposit return scheme for drink containers, but retailers are worried about who will foot the bill. In yesterday’s newsletter a mistake crept in: Of course, GSK did not buy Novartis, but just its stake in their joint venture. Our apologies. The RetailUpdate team wishes you a happy Easter and will be back Tuesday.

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US & Canada


Amazon under fire ▪ The e-commerce powerhouse saw its shares fall by almost 5% Wednesday, after reports surfaced that Donald Trump is obsessed with the e-commerce giant and wants to curb its power. The US President has talked about using antitrust law to "go after" Amazon, reportedly due to fears of it putting small retailers out of business.



Delivery available ▪ Walmart will extend its grocery service from its existing six markets to over 100 by the end of the year. Fresh Thyme Farmers Market has joined the home delivery game with the launch of a new service in partnership with Instacart, which will be available to customers of 55 of the chain's 70 locations in the Midwest.




Europe


Drink deposits ▪ All drink containers in England will now be covered by a deposit return scheme, where consumers who return their bottles and cans will receive a small cash sum. Retailers have voiced their support for the scheme, but warned that it could cost GBP 1 billion, with the question remaining as to who will cover the costs.



Clothing changes ▪ Sainsbury's is to start selling its own-brand Tu fashion range at catalogue retailer Argos, making the clothing line available for next day home delivery. Superdry co-founder Julian Dunkerton has resigned, an announcement that saw nearly GBP 100 million wiped off the firm's value.



Supermarket strategies ▪ Dutch retailers Jumbo and Coop have announced their intended division of the Emté store estate, which they acquired in a joint purchase from wholesaler Sligro Food Group. French urban retailer Franprix, part of Groupe Casino, has entered the Belgian market, after opening its first store in Brussels last month.




Asia & Australia


Couriers and connections ▪ Alibaba is pushing to expand its business in the Internet of Things, with plans to build a network of 10 billion connected devices in the next five years. SF Holding, China's largest courier firm, has been granted the country's first ever drone operation license, making it legally able to operate logistics drones.



Pharma purchase ▪ Japan's largest drug maker Takeda Pharmaceutical is considering a bid for London-listed Shire, which could top USD 40 billion and spark another takeover battle in the deal-hungry industry, where large players have been looking for promising assets to improve their pipelines.



Disappointing deal ▪ Billabong investors have given in to a lacklustre takeover bid from rival Quicksilver owners Boardriders, after facing the difficult decision of selling out to a low offer or going bust. The latter, after initially facing opposition enough to derail its bid, ultimately made a successful offer.




Easter Egg-stras


Egg-cellent shopping ▪ Brits are expected to spend a combined total of GBP 892.6 million at Easter this year, over GBP 300 million more than 2017. According to data from a price comparison website, the 88% of Brits planning to celebrate Easter this year will spend an average of GBP 24.41 each on chocolate, gifts, and entertainment.



Eggs-treme demand ▪ Egg prices in the US have surged close to a record high as Easter draws near, with the wholesale cost of a dozen eggs in the Midwest more than doubling in the five weeks through March 23 to USD 2.71.