Catering to the needs of time-strapped consumers either through offering meal and delivery options is a must for retailers to stay on top of their game. British grocer Morrisons and US online retailer Peapod reveal their latest foodservice moves. American home furnishing chains bet on in-store restaurants and Starbucks partners with Ubereats. Enjoy the read!




Tuesday, 18 September 2018





Hello ,

Catering to the needs of time-strapped consumers either through offering meal and delivery options is a must for retailers to stay on top of their game. British grocer Morrisons and US online retailer Peapod reveal their latest foodservice moves. American home furnishing chains bet on in-store restaurants and Starbucks partners with Ubereats. Enjoy the read!




Europe


Ambitious plans ▪ Lidl increases its investment in Romania. The German discounter aims to grow by "15 stores per year", and intends to move into rural areas. Currently, the retailer operates 230 outlets across the country and will open five more stores this year, and a further 20 locations next year.



Strategic decisions ▪ Britain'sTesco plans to close a series of city centre stores and convert dozens of others to its new discount format, putting thousands of jobs at risk. Meanwhile, Dublin-based retailer Dunnes Stores has reportedly ended talks to buy upmarket Irish grocery chain Donnybrook Fair.



Food service offer ▪ Following its rivals into the highly competitive meal kits sector, British grocer Morrisons has launched food delivery service Eat Fresh. The supermarket group has also sealed a supply partnership with Thai grocery chain Big C as part of its international wholesale strategy.




US & Canada


Powerful partnerships ▪ US retailer Staples will acquire office and workplace supplies wholesaler Essendant for USD 996 million. Online grocer Peapod has teamed up with a leading Chicagoland meat purveyor to offer its customers a 'virtual butcher shop', and Starbucks is testing delivery options in Florida in partnership with Uber Eats.



Shopping features ▪ Amazon has launched Storefronts, a new store that allows customers to shop exclusively from small to medium-sized businesses in the United States, with a variety of product categories. Social networking service Instagram makes it easier to shop with two updates to its app.



Eyeing the cannabis market ▪ Coca-Cola is looking into a marijuana soft drink and reportedly discussing a cooperation with Canada’s Aurora Cannabis. The soft drink giant is the latest beverage company to tap into surging demand for marijuana products as traditional sales slow.




Asia & Australasia


Sharing data ▪ As part of its effort to revolutionise global commerce, Chinese e-commerce major JD.com is offering its big data analysis capabilities to offline retailers through a new service platform, called Zu Chongzhi, which is said to help them with every step of the retail process.



Merger talks ▪ Indian grocery start-up BigBasket and competitor Grofers have revived negotiations for a merger as their investors, Alibaba and Japan-based SoftBank, look to join forces, ahead of a costly market share battle with Amazon and Walmart-owned Flipkart dominate the country’s online food market.



Bumper sales ▪ Outdoors retailer Kathmandu has reported a 32% net profit jump to AUD 50.5 million for the 2018 financial year. The dual Australia and New Zealand listed company said it would pay one-off performance bonuses of AUD 1000 to all permanent team members.




Store debuts


Lavish ambience ▪ Home furnishings stores are shaping up as fertile ground for restaurants. Have a look at RH's (formerly Restoration Hardware) new location in Manhattan. Retailer Crate & Barrel, owned by Germany's Otto Group, is going a similar way and will open its first in-store restaurant soon.



African venture ▪ With an investment of EUR 7.6 million, Spanish grocer Mercadona has opened its first supermarket (in Spanish)in the African continent in the autonomous city of Ceuta. The grocer plans to launch another outlet in the region. Click here for a video clip of the store.