Turning up the competitive heat, Walmart and Amazon have both expanded their grocery delivery capabilities in the US. Fierce rival Alibaba invests in billions in blockchain and pushes into Turkey. A number of European retail heavyweights reveal how they have performed last year and a good many others are set to save the planet. Enjoy the read!




Wednesday, 11 April 2018





Hello ,

Turning up the competitive heat, Walmart and Amazon have both expanded their grocery delivery capabilities in the US. Fierce rival Alibaba invests in billions in blockchain and pushes into Turkey. A number of European retail heavyweights reveal how they have performed last year and a good many others are set to save the planet. Enjoy the read!




USA


Delivery competition ▪ Kicking off this week, Walmart is looking to bring its online grocery delivery service to more than 40% of US households with the help of its new partner Postmates. Rival Amazon ups the ante on the delivery front by offering the option for Whole Foods customers in the Los Angeles area.



Future investments ▪ Cincinnati-based grocery giant Kroger is set to hire 11,000 employees in its supermarket divisions, nearly 2,000 of them will have management roles. The retailer is also investing US$ 500 million in associate wages and training over the next three years.


ADVERTISEMENT
C-star Shanghai
C-star: Shanghai′s international trade fair for solutions and trends all about retail will take place in Shanghai again from April 26-28, 2018. C-star 2018 continuously builds up a great communication platform for both domestic and overseas manufacturers as well as for retailers through online and offline. Visitor registration now opens! Have you already secured your e-ticket?
Click here for the free ticket now!

More expenditures ▪ Giant Food, a unit of Ahold Delhaize, has unveiled a US$ 70 million capital spending plan to build six new supermarkets, make major remodels to two stores and add five new fuel stations in its home state of Pennsylvania during the next two years.




Europe


Powerful performances ▪ Germany's Rewe Group enjoyed a strong increase (in German, paywall) in external sales to EUR 57.8 billion in 2017 business year and could generate a moderate growth in its tourism unit, DER Touristik. Coop Danmark was able to more than double its grocery profit last year.



Reporting results ▪ UK convenience chain Nisa has seen revenue increase as well as a jump in membership numbers in Q4, but warns of "extremely challenging" market conditions ahead. Helped by thriving Chinese appetite for luxury goods, Louis Vuitton owner LVMH has posted better-than-expected sales growth in Q1.



Spanish collaboration ▪ El Corte Inglés has signed an agreement with the World Wildlife Fund in Spain, which includes launching initiatives that will promote organic products, animal welfare, energy efficiency, and food waste reduction, among other projects.




Asia


Alibaba stays active ▪ The e-commerce powerhouse is making its first concerted push into Turkey through a partnership with Istanbul-based B2B services provider e-Glober. In its Chinese hometown Hangzhou, the e-tailer will spend US$ 1.59 billion to become a front runner in blockchain technology.



Fundraising effort ▪ China's Ant Financial is in talks with investors to raise at least US$ 8 billion in its next planned round of funding, potentially valuing the Alibaba-backed company at about US$ 150 billion. This comes ahead of an expected stock market floatation, although no IPO timeline has yet been disclosed.



Green space ▪ Plants, trees and a pond are features in a recently opened cafe in the Vietnamese capital of Hanoi. Designed by a local studio, the building is arranged over several levels, inspired by the Hanging Gardens of Babylon. Click here for some pictures.




Environment matters


Cutting down on plastic ▪ British grocer Waitrose plans to remove all disposable coffee cups from its shops as part of its drive to reduce waste and stop millions going into landfill. Food major Nestlé has similar ambitions and announced to make 100% of its packaging recyclable or reusable by 2025.



Saving the forest ▪ Frozen food grocer Iceland will be the first supermarket in the UK to stop using palm oil as an ingredient in all its own label food by the end of 2018.The palm oil trade is blamed for destroying rainforests and threatening endangered species.