Italian coffee giant Lavazza pushes ahead with its shopping spree and is set to acquire all of Australia's Blue Pod Coffee. US tech firm JDA Software has its eye on Blue Yonder, a leading German provider of artificial intelligence. Walmart angers Trump supporters over the sale of a T-Shirt and Whole Foods joins in at Prime Day. Enjoy the read and feel free to share!




Wednesday, 04 July 2018





Hello ,

Italian coffee giant Lavazza pushes ahead with its shopping spree and is set to acquire all of Australia's Blue Pod Coffee. US tech firm JDA Software has its eye on Blue Yonder, a leading German provider of artificial intelligence. Walmart angers Trump supporters over the sale of a T-Shirt and Whole Foods joins in at Prime Day. Enjoy the read and feel free to share!




Europe


Overseas acquisitions ▪ After buying French brand Carte Noire and Denmark's Merrild, Turin-based Lavazza is taking over all of Australia's Blue Pod Coffee. Meanwhile, American tech company JDA Software has acquired German artificial intelligence firm Blue Yonder, which is focused on supply chain and merchandising solutions.



Growth opportunities ▪ X5 Retail Group has announced the launch of its first educational academy to develop homegrown talents for the rapid growth of its store banners. The Russian retailer is reportedly in talks with JD.com to offer the Chinese e-commerce giant pick-up points it its stores.



Leadership changes ▪ British supermarket chain Asda has announced the appointment of former Amazon finance vice president Rob McWilliam as its new chief financial officer. Carrefour Polska has named Christophe Rabatel as its new chief executive. Rabatel has been working for the French group since 2004.




US & Canada


Prime premiere ▪ Amazon Prime Day is set to be bigger than ever this year, stretching to a record of 36 hours including over one million deals across the globe. Whole Foods is partaking in the festivities for the first time. The event will also be extended to Prime members in Australia, Singapore, the Netherlands and Luxembourg.



Under fire ▪ Walmart faced an outcry from Donald Trump supporters after its website offered T-shirts from third-party sellers with the slogan “Impeach 45,” an apparent reference to the US president. Citing violations of its policies, bookseller Barnes & Noble has booted out Demos Parneros as chief executive officer.



Mobile wallet ▪ New York-based 99 Ranch Market has started to accept mobile payments via Alipay, Alibaba's online payment platform. The retailer is one of the largest Asian supermarket chains in the US and operates more than four-dozen locations across the States.




Asia


Eyeing Chinese consumers ▪ UAE-headquartered Lulu Group, a dominant player in the hyper- and supermarkets segment, has said that it will be entering China within a year. It will be the group's third East Asian market after Indonesia and Malaysia, but the retailer will also continue its expansion in the Gulf region.



Media investment ▪ Chinese state-backed media group CMC has raised around USD 1.49 billion in a fundraising round from investors including tech giants Alibaba and Tencent. CMC is a major force in the country’s entertainment sector and has big global ambitions.



Big score ▪ Japanese apparel retailer Uniqlo announced a partnership with tennis star Roger Federer who will serve as the company's global brand ambassador. The contract is reportedly worth USD 300 million and is one of the largest endorsement agreements ever.




Beverage bits


Hub for spirits ▪ Multinational beverage giant Diageo has started working on a new GBP 6.4 million centre for scientific research and whiskey blending in Scotland. The group said that the new centre of excellence would provide 'world standard facilities' and act as a 'hub for innovation'.



Brewing alliance ▪ Carlsberg Group and Brooklyn Brewery have opened a joint-brewing operation in Lithuania. The facility features a ‘gastrobar’ and craft beer museum. The joint project is said to help the two brewers to excel in the European craft beer market and further strengthen their partnership.