Cooperation is a key for success. French grocer Carrefour is relying on allies to become a 'world leader in food transition' and spirits specialist Moët Hennessy partners with Alibaba to succeed in China. However, partnerships are not always without tensions as the price dispute between German heavyweight Kaufland and Unilever shows. Enjoy the read!




Tuesday, 04 September 2018





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Cooperation is a key for success. French grocer Carrefour is relying on allies to become a 'world leader in food transition' and spirits specialist Moët Hennessy partners with Alibaba to succeed in China. However, partnerships are not always without tensions as the price dispute between German heavyweight Kaufland and Unilever shows. Enjoy the read!




Europe


Price fight ▪ German retailer Kaufland, a unit of the Schwarz group, is pulling 480 Unilever branded products from its shelves as the two companies are in a dispute over wholesale prices. Kaufland says that it does not accept that the Netherland-based consumer goods giant has increased prices "drastically".



Pushing ahead ▪ British online retailer The Hut Group has continued its acquisition spree with the purchase of skincare products maker Acheson & Acheson. The e-tailer, which is one of UK's fastest growing tech companies, has reportedly rejected bids which valued it at around GBP 3.9 billion over the past few months.



Focus on food ▪ French retailer Carrefour has created an advisory committee to support the group's ambition to lead on 'food transition' and boost sales of organics. The head of yoghurt maker Danone will be part of the initiative. In Russia, grocer Eroski has pledged to add more sustainability-certified products to its Natur brand.



Under pressure ▪ Casino's debt rating was cut further into junk territory by Standard & Poor's, undermining the French grocer's effort to reassure investors about its financial position. There were raising concerns about the growing debt level of the retailer. On Monday, Casino gave more details about its finances.




Asia


Indian takeover ▪ Together with private equity firm Samara Capital, Amazon India will acquire supermarket chain More from Mumbai-based conglomerate Aditya Birla Group. More is the fourth largest supermarket chain in the country, operating 575 stores. The new owners have rapid expansion plans.



Pole position ▪ Spirit producer Moët Hennessy, owned by French luxury group LVMH, has signed a strategic partnership with Alibaba to step up its offering in the growing Chinese market. In other news, it was revealed that the e-commerce giant is in the lead when it comes to patent applications related to blockchain technology.



Flagship in Tokyo ▪ Marimekko Japan has relaunched its popular store in Tokyo and calls it the 'embodiment of the brand'. The Finnish design and fashion retailer sells its products in Japan since the early 1970s and it is the company's second-largest single market after Finland.




US & Latin America


Going organic ▪ Supermarket operator Publix will open a GreenWise stand-alone location for the first time in a decade and has revealed more details about the expansion plans of its natural grocery banner. The Lakeland-based chain also announced to build a refrigerated distribution center in North Carolina.



Payment alliance ▪ Brazilian food retailer GPA, owned by France's Casino Group, is teaming up with private bank Itaú Unibanco Holding to begin selling credit card reader machines. Itaú controls Brazil's second-largest card processor, known as Rede.




Innovative ideas


Ongoing transformation ▪ British department store operator Debenhams has undergone a complete rebrand and modernisation dubbed "Debenhams Redesigned", including the first new logo in 20 years and a remodelling of a number of flagship stores as well as the introduction of its own food brand The Kitchen.



Sustainability efforts ▪ In a move to step up sustainability efforts, Spar Hungary has announced that it will introduce degradable and compostable bags. In 2017, as a part of its 'responsible retailing' initiative, the supermarket group collected 583 tonnes of glass waste in its collection points.