Cosmetics giant L’Oréal and French retail group Casino have worked together on an innovative store concept, while Marks & Spencer will partner with Microsoft to test AI strategies. In Australia, a mega deal for Woolworth has fallen apart. Meanwhile, Aldi has reason to crack a bottle and celebrate. Enjoy the read and have a relaxing weekend!




Friday, 22 June 2018





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Cosmetics giant L’Oréal and French retail group Casino have worked together on an innovative store concept, while Marks & Spencer will partner with Microsoft to test AI strategies. In Australia, a mega deal for Woolworth has fallen apart. Meanwhile, Aldi has reason to crack a bottle and celebrate. Enjoy the read and have a relaxing weekend!




Europe


Cooperation in progress ▪ Casino has joined forces with L’Oréal (in French) to jointly launch a new store concept under its Franprix banner. Two 'drugstores à la parisienne' are set to launch in Paris. British retailer M&S has signed a strategic alliance with Microsoft focused on testing the integration of AI into its operations.



Digital projects ▪ Auchan has launched a mobile shopping list application in its Jumbo and Pão de Açúcar brands in Portugal. The platform should help consumers to save time. Spanish supermarket chain Mercadona has started to test its online 'lab' in Valencia, which also aims to make shopping easier.



Financial problems ▪ UK electronics chain Dixons Carphone has reported a double-digit slump in annual profit but said this was expected. Meanwhile, department store retailer Debenhams is reportedly considering to offload its Danish operations in order to raise cash after it posted another profit warning.




Australia & Asia


Pumped up ▪ Global giant BP has pulled out of a proposed AUD 1.8 billion takeover of Woolworths' petrol and convenience store business in Australia, which leaves the grocer seeking for alternative options. The cancellation is regarded as a missed opportunity to drive innovation.



Speedy partners ▪ E-commerce major JD.com has teamed up with Chinese retailer Better Life as part of its 'Retail as a Service' strategy. The cooperation will further speed up delivery for mainland customers and integrates inventory across the two companies to identify the most efficient way to source orders.


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Buying Flipkart ▪ Walmart has started to sell bonds to help finance its acquisition into India's biggest online seller. Last month, the US retailer announced that it will acquire a 77% stake in Flipkart to gain greater access to the country's fast-growing e-commerce market.




US & Canada


Turnaround time ▪ US grocer Kroger topped forecasts with its solid first quarter results and an impressive 66% increase of digital sales compared to a year ago. Insiders reckon that the retailer's recent digital initiatives are paying off and that it is now a legitimate rival to Walmart and Amazon.



Independent support ▪ Wholesaler Supervalu announced a reseller pact with San Francisco-based grocery e-commerce specialist Instacart. The deal enables the food distributor and retailer to offer online shopping and on-demand delivery services to the 3,300-plus independent grocers it supplies.



Concept experiments ▪ Ailing department store chain Sears has opened a Kmart convenience store inside one of its locations in New York, selling groceries, health and beauty items and other household products. The retailer also plans to create mini-Sears stores inside Kmart locations.



Possible Deal ▪ Pinnacle Foods Inc, the owner of Birds Eye frozen foods and Mrs. Butterworth’s syrups, has restarted talks about potentially selling itself to its larger peer Conagra Brands Inc, according to two people familiar with the matter.




Powerful inspirations


Sparkling Aldi ▪ 'Veuve Monsigny Champagne Brut' sold by the German discounter has been named one of the best champagnes in the world. The bargain bubbly won a ‘silver outstanding’ medal at the International Wine and Spirits Challenge. Adding to this, the retailer has been named America's grocery value leader.



Progressive messages ▪ Unilever has teamed up with Pop Idol creator Simon Fuller to eradicate stereotypes from the advertising world. The multi-million-dollar campaign will see the creation of a new music group with artists from all over the world, which will send positive messages around tolerance and equality.