President Trump’s latest round of duties have sparked fear in retailers and consumers as prices of affected products are predicted to surge. Meanwhile, it seems Walmart is following Amazon’s lead in monitoring employees with a patent for an audio surveillance system designed to eavesdrop on conversations. Across the Atlantic, Tesco is feeling the heat in an unequal pay legal battle which could see the supermarket giant pay-out billions to affected workers. Enjoy the read and have a great weekend.




Friday, 13 July 2018





Hello ,

President Trump’s latest round of duties have sparked fear in retailers and consumers as prices of affected products are predicted to surge. Meanwhile, it seems Walmart is following Amazon’s lead in monitoring employees with a patent for an audio surveillance system designed to eavesdrop on conversations. Across the Atlantic, Tesco is feeling the heat in an unequal pay legal battle which could see the supermarket giant pay-out billions to affected workers. Enjoy the read and have a great weekend.




America


Walmart round-up ▪ The retail giant has rebuffed media claims made yesterday and has confirmed that no decision has been made to sell Japanese supermarket chain Seiyu. However, they are considering bids for its credit card business as part of a wider plan to expand mobile payments. Walmart has also patented surveillance tech to spy on conversations between employees and customers.



Trump tariffs ▪ National Retail Federation CEO Matthew Shay has hit back against the American President’s latest round of tariffs saying that US retailers and consumers are fast becoming the victims of this trade war. Check out this short video to hear his full concerns for the retail industry.



Outrageous behaviour ▪ An offensive racial slur wielded by Papa John’s founder John Schnatter has resulted in an outpouring of disgust, as groups including the pizza chain’s PR firm, distance themselves from the brand. Schnatter has resigned as chairman of the company following the incident.



Staying relevant ▪ Chick-fil-A is embracing technology and experimenting with a device that allows customers to summons wait staff with the push of a button. It has been hugely with successful, with trial locations reporting sales increases of 500%. Meanwhile, new Dunkin’ Brands CEO is set on modernising the iconic company. Have a look at his game plan here.




Europe


Pay parity ▪ Tesco could face GBP 4 billion in compensation pay-outs after over 1000 claims have been lodged against the supermarket powerhouse for unequal pay. Female employees earned GBP 3 less per hour than their male counterparts for similar duties, according to the claimants.



Pleasing results ▪ German discounter Lidl and Croatia’s Tommy have reason to celebrate. A new study has found both companies had the highest revenue growth among the top five retail chains in Croatia and they also ranked favourably in the top 10 ‘most successful companies’ in the country.



E-commerce offering ▪ Dublin-based start-up Pointy has raised USD 12 million in a second round of fund gathering. The retail tech company is looking to accelerate its growth and help brick and mortar retailers fight the might of Amazon by connecting their physical inventory to online channels.




Asia


Perfect fit ▪ Online Japanese fashion retailer Zozo has developed skin-tight tech jumpsuits that allow customers to take full body measurements and use them to buy made-to-order clothing online. Check out the video to see exactly how it works.



Internet cars ▪ Alibaba-backed online car company Banma is looking to raise fresh funds and new partnerships as it strides towards a target of six million cars in China using its software by 2023.




Progressive ponderings


Social shift ▪ 2018 is definitely shaping up to be the year of the war on plastics. As retailers around the globe join hands in renouncing the evils of the petrochemical-based product, it’s important to consider the behavioural shifts consumers need to make for any real difference to be achieved. So, here’s a go-to-guide on how to ‘break up’ with plastic.



Cruelty-free ▪ Animal testing may be on its last legs, as new research shows that artificial intelligence systems may soon be able to replace the controversial traditional practices. The impacts for retail are momentous if producers embrace the new technology.