Despite its underwhelming performance in the US so far, German discounter Lidl is having a significant effect on shoppers in the country. Its arch-rival Aldi doubles down in Australia. Britain's House of Fraser puts 6,000 jobs at stake, while Amazon is set to recruit thousands of new employees in the UK. Enjoy the read and have a great weekend!




Friday, 08 June 2018





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Despite its underwhelming performance in the US so far, German discounter Lidl is having a significant effect on shoppers in the country. Its arch-rival Aldi doubles down in Australia. Britain's House of Fraser puts 6,000 jobs at stake, while Amazon is set to recruit thousands of new employees in the UK. Enjoy the read and have a great weekend!




Europe


Foreign investments ▪ Amazon plans another recruitment drive in Britain with the creation of 2,500 new permanent jobs, bringing its total workforce to 27,500. Lidl will invest EUR 100 million (paywall) in its operations in Portugal, where market leader Sonae expects the domestic market to grow at one of the fastest rates in Europe.



High street casualties ▪ Department store group House of Fraser wants to shut 31 UK and Ireland stores, impacting around 6,000 jobs. It is regarded as a radical step and insiders blame management failure. Meanwhile, the board of Marks & Spencer has cancelled bonuses for its top executives after profits took a plunge.



Digital decisions ▪ Sainsbury’s has promoted Clodagh Moriarty to its operating board as group chief digital officer. In Russia, X5 Retail Group has tested computer vision technology based on neural networks and AI, which it said will benefit its planogram control process.




US & Canada


Positive perception ▪ Since entering the US last year, Germany's Lidl is having a significant effect on consumers, particularly young ones, global consulting firm Oliver Wyman has found. The independent survey discovered that 48% of 600 consumers who have shopped at Lidl are now regular customers.



Organics boom ▪ United Natural Foods, a distributor of natural grocery products to companies like Whole Foods, reported upbeat quarterly results and boosted its full-year view. Organics have become more mainstream than ever in the US and are a matured segment (paywall), says the Organic Trade Association.


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Security team ▪ A group of retail and industry leaders, among them the Food Marketing Institute and National Grocers Association, formed a partnership to promote security across the payments system. It is the first time that organisations representing diverse parts of the sector have joined forces.




Asia & Australia


Aldi pushes ahead ▪ The German discounter has revealed plans to double the size of its business in Western Australia as it marks two years since it opened its first stores in Perth. The retailer currently has 35 locations and employs 550 people across the state.



Getting ready ▪ Coles is investing millions to upgrade its stores and grow online sales. The supermarket chain prepares to spin off from parent Wesfarmers into a separately listed entity. Sister company Target is downsizing its store network to create a "boutique" fashion chain to better compete with its rivals.



Californian connection ▪ Japanese e-commerce giant Rakuten is acquiring the Silicon Valley mobile ordering and pick-up start-up Curbside, a location-centric mobile commerce platform that connects stores and restaurants with customers, for an undisclosed amount.




Inspiring ideas


Test, tweak, train ▪ As consumers increasingly want food on the go, retailers have the opportunity to thrive by offering ready-to-eat meals. Here are nine tips to make your foodservice offer standing out. Check also these six food safety areas when entering the 'dine in' and 'take out' business.



For a better future ▪ To reduce its impact on the environment, furniture giant Ikea plans to use only renewable and recycled materials in its products by 2030. Multinational consumer goods company Reckitt Benckiser revealed a series of commitments on reducing its use of plastics by 2025.