Fastfood major Chick-fil-A is shaking up the meal-kit arena with its entry into the highly competitive market. Amazon is once again the target of Donald Trump's wrath, with the president's twitter rage causing the retail giant's shares to dive. Meanwhile, speculation is mounting that Tesco is to open 60 discount stores under the name 'Jack's' in an attempt to solidify its position as market leader. Enjoy the read and don't forget to share.




Tuesday, 24 July 2018





Hello ,

Fastfood major Chick-fil-A is shaking up the meal-kit arena with its entry into the highly competitive market. Amazon is once again the target of Donald Trump's wrath, with the president's twitter rage causing the retail giant's shares to dive. Meanwhile, speculation is mounting that Tesco is to open 60 discount stores under the name 'Jack's' in an attempt to solidify its position as market leader. Enjoy the read and don't forget to share.




America


Newest competitor ▪ Chick-fil-A has become the first major US fast food chain to enter the meal-kit market and looks to take Blue Apron and Hello Fresh head on. The food giant is trialling the new service in 150 Atlanta stores and will offer five different chicken-based take home kits.



Politics and pursuit ▪ Amazon's shares plummeted 2.4% following tweets from the American President condemning the company and calling the Bezos-owned Washington Post an 'expensive lobbyist' for the e-commerce provider. Meanwhile, the race is heating up between Amazon and Apple to see who will cross the USD 1 trillion finish line first.



Innovation station ▪ McDonald's and Starbucks have paired up to launch the 'NextGen' cup project which will see industry experts and innovators collaborate to end cup wastage. The entire global industry will have access to the technology if the project is successful.



More money ▪ Nike is set to increase the salaries of 7000 employees and review the company's bonus structure. Although the pay increase will apply to all both genders, the shift comes after Nike was embroiled in its own #metoo movement, and an internal review revealed action needed to be taken to address pay parity and corporate culture.




Europe


Competition heats up ▪ Rumours are rife that Tesco is close to unveiling 'Jack's', a new discount store chain that could open in the coming months, as the supermarket major tries to regain some of the market it has lost to discount dominators Aldi and Lidl.



New direction ▪ France's largest food retailer, Leclerc is diversifying its offerings and plans to start selling electricity to French consumers later in the year. The French retailer will be the second major retail outlet to enter the power game, following Casino’s move in 2017.



Fresh start ▪ John Lewis has become the latest retailer to pledge its support to victims of modern slavery by joining the Bright Future project, an initiative which offers work placements to freed slaves.




Asia


Alibaba invests ▪ The global giant has partnered with Japan's Kyushu Railway and will sell their tour packages and rail tickets through its travel site 'Fliggy'. The online behemoth is also increasing its investments in tech start-ups, with facial recognition developer Megvii being the latest benefactor. Meanwhile, Alibaba's Ele.me is shelling out a hefty EUR 112 per month over summer to lift its market share.



Deal sealed ▪ Carrefour Indonesia has signed an agreement with the country's mosque body to open 300 mini supermarkets in the mosque districts of cities such as Jakarta, Bandung and Depok.




Keep an eye on


Hands on ▪ If you've yet to dabble in the world of augmented or virtual reality and see the practical applications for retailers, check out this blogger's experience using Ikea's Home Planner app. It includes lots of graphics showcasing the VR tools and gives the nuts and bolts of how it all works.



Lax refund policies ▪ Has it become too easy for consumers to return items? An online analyst claims consumers have too much power, which is forcing retailers to loosen their policies to their detriment. Click here to see solutions on how to toughen up on 'return fraud'.