A new European purchasing alliance is about to be created as Germany's Media Saturn and French electronics retailer Fnac Darty have signed an agreement. The focus is on digital moves in the US with Amazon expanding its 'Go' banner, Target rolling out its delivery service and H-E-B maintaining its omnichannel drive. Enjoy the read!




Wednesday, 16 May 2018





Hello ,

A new European purchasing alliance is about to be created as Germany's Media Saturn and French electronics retailer Fnac Darty have signed an agreement. The focus is on digital moves in the US with Amazon expanding its 'Go' banner, Target rolling out its delivery service and H-E-B maintaining its omnichannel drive. Enjoy the read!




Europe


Buying partners ▪ French electronics retailer Fnac Darty and Media Markt Saturn, which is majority-owned by Ceconomy, have agreed to create a European retail alliance on purchasing. The deal will cover areas such as agreements with key suppliers, private label sourcing as well as innovation and data collaboration.



Russian targets ▪ Food retailer O'Key plans to open 30 discounters Da! this year and is considering going public with the banner as its CEO sees significant growth opportunities for discounters in the country. Meanwhile, competitor X5 Retail Group has completed major projects to revamp its supply chain.



Collection lockers ▪ Polish discount banner Biedronka, a subsidiary of Portuguese group Jerónimo Martins, will work with Danish logistics specialist SwipBox to install 300 automated parcel machines in its stores across the country. The first device will be installed in Katowice.




US & Canada


Amazon initiatives ▪ The e-commerce powerhouse plans to expand its cashier-less convenience concept to Chicago and San Francisco. In other news, it was revealed that Amazon Fresh is no longer allowing third-party vendors to sell local goods on its platform as it wants the programme to be more retail-based.



Online strategies ▪ Target has rolled out its Target Restock next-day delivery service nationwide. The discounter is also testing a strategy to increase its fulfilment capabilities and flexibility. Meanwhile, Texan supermarket chain H-E-B keeps its focus on digital with a new executive to its C-suite and plans to build a new distribution centre in San Antonio.



Reviewing options ▪ Struggling department store chain Sears has formed a special committee to explore the sale of certain assets, including its parts and home service business, as well as its Kenmore appliance brand. The retailer also said it is considering “other alternatives".




Asia & Australasia


Potential in China ▪ German skincare firm Beiersdorf has signed a partnership with Chinese e-commerce platform Kaola. The Hamburg-based company, which already cooperates with Alibaba and JD.com, hopes that the new partnership will give its Nivea brand access to more than 900 million online users.



Future investments ▪ Chinese e-commerce major JD.com has bought a stake in pan-Asian logistics company ESR to expand its reach across the region. Meanwhile, Tokyo-based trading house Sumitomo will purchase 22% of Taiwanese supermarket chain Simple Mart, gaining a new channel for distributing Japanese products.



Developments Down Under ▪ The Warehouse Group, New Zealand’s biggest retailer, has posted an increase in Q3 sales. Dairy company A2 Milk expects its full-year revenue to rise, but disappoints investors' expectations. Across the Tasman, department store operator Myer has blamed the balmy autumn weather for yet another fall in sales.




Unexpected discoveries


Seeing is bee-lieving ▪ Highlighting the importance of bees for food production, a Penny discounter in Germany has emptied its shelves of products pollinated by bees to draw attention to the significant repercussions for consumers if bees died out. Roughly 2,500 products were directly or indirectly affected.



And the winner is ... ▪ .. Dutch supermarket Jumbo for being the cheapest supermarket in the Netherlands, according to an annual study by consumer platform Kassa. Albert Heijn is the most expensive. The researchers also found that supermarkets increased their prices over the past year.