There is barely a day without Amazon not being in the spotlight. The online behemoth has quietly achieved another milestone with its business supply site, is busily expanding its Whole Foods delivery service, and has officially launched its partnership with Monoprix in France. Read also about the latest top management reshuffles and sustainability projects. Have a great day!




Thursday, 13 September 2018





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There is barely a day without Amazon not being in the spotlight. The online behemoth has quietly achieved another milestone with its business supply site, is busily expanding its Whole Foods delivery service, and has officially launched its partnership with Monoprix in France. Read also about the latest top management reshuffles and sustainability projects. Have a great day!




Europe


Changes at the top ▪ A former Aldi Süd executive, Roman Heini, will join the senior management team at competitor Lidl in October. Hein has been hailed as a 'valuable addition' by Lidl boss Jesper Hojer. The announcement comes days after the boss of Aldi Nord, Marc Heußinger (in German), has stepped down.



Anticipated debuts ▪ Amazon's partnership with Casino subsidiary Monoprix, (in French), announced in March this year, has finally come to fruition. The French grocer's products are now available on Amazon Prime. Another premiere will take place in Ukraine – Swedish furniture chain Ikea will open its first store in the country next year



Fashion world challenges ▪ Spanish conglomerate Inditex, parent company of fashion chain Zara, enjoyed record sales and profits during its first half after defying currency pressures, but analysts warn that even this superstar needs to prove whether it can see off the threats of online competition and discounters.




United States


Significant benchmark ▪ After less than four years, Amazon Business, the online giant's marketplace that sells business supplies to corporate buyers, is said to be on track to hit USD 10 billion in annual sales this year. Amazon is also set to expand its Whole Foods delivery service to 10 more US cities.



Christmas is coming ▪ Department store operator Macy's will hire 80,000 temporary workers for the holiday season and deploy more people to deal with the increase in online orders expected in the shopping period. This year will also see Amazon selling a wide selection of huge living Christmas trees.



Management reshuffle ▪ Supermarket giant Albertsons has promoted Jim Donald to president and chief executive officer. The move comes just over a month after Albertsons and Rite Aid were terminating their USD 24 billion merger deal because of mounting shareholder opposition.




Asia & Australasia


Building for the future ▪ Chinese online major and Alibaba rival JD.com plans to build supply chain hubs in 30 countries within the next two to three years. The announcement comes on the heels of the completion of the company's first such logistics hub in Thailand.



Tech partnerships ▪ Indian fashion conglomerate Aditya Birla has expanded its existing relationship with IBM to improve its efficiency and grow its store network. US food service giant Burger King, which has teamed up with SAP in Korea, is pursuing similar goals to support its digital transformation.



Big loss ▪ Fonterra suffered a historic NZD 196 million after tax loss as higher milk prices put pressure on earnings. The New Zealand co-operative and the world's largest dairy exporter is also looking for a new CEO as former boss Theo Spierings resigned in March.




War on Waste


Eco-friendly measures ▪ Finnish grocer Kesko will remove microplastics from its entire range of private label detergents, and British frozen food chain Iceland has stopped selling bananas in plastic packaging, replacing them with a pre-packaged recycled paper band.



Plastic ban ▪ French lawmakers are pushing for a ban on plastic water bottles in school canteens from 2020 as consumers and governments become increasingly aware of the damaging impact of plastic that ends up in landfills or in the ocean.