There are some thought-provoking initiatives around today. German retailer Schwarz Group is tackling garbage, Belgium's Bioplanet is offering individualised nutrition advice to customers, Walmart seems set to monitor the stress levels of shoppers, and a San-Francisco start-up has consumers exploring their telekinetic powers. Enjoy the read and have a great week.




Monday, 01 October 2018





Hello ,

There are some thought-provoking initiatives around today. German retailer Schwarz Group is tackling garbage, Belgium's Bioplanet is offering individualised nutrition advice to customers, Walmart seems set to monitor the stress levels of shoppers, and a San-Francisco start-up has consumers exploring their telekinetic powers. Enjoy the read and have a great week.




Europe


Waste management ▪ Germany's Schwarz Group, the parent company of discounter Lidl, is in the midst of establishing its own waste disposal system 'PreZero Dual GmbH' (paywall, in German). It is expected to be fully operational by 2020 and will cover the entire waste chain, from organizing pick-up to sorting and recycling.



Food conscious ▪ Belgian retailer Colruyt's organic chain Bioplanet, has unveiled 'Food Compass', a free service designed to give customers personalised diet advice through weekly meetings with a dietitian.



Competitive edge ▪ EU regulators are questioning the ethics of Amazon's dual function, as a company hosting retailers on its platform and simultaneously as a competitor to these same merchants with its own-brand products. The European Commission is now questioning retailers. The results could lead to a formal case and fines against Amazon.




Asia & Australasia


Changes ahead ▪ Chinese e-commerce giant Tencent has announced a major restructure amid growing regulatory, strategic and financial challenges faced by the company. Meanwhile, in Australia big-box retailer Harvey Norman is confronting its own challenges head-on with the launch of its first flagship store on home turf.



Fundraising success ▪ Alibaba has made an undisclosed investment in Chinese garment-sharing platform YCloset. The service, which specialises in renting clothes to its 15 million registered users, will use the funding to expand its data analysis and physical operations centres.



Focus on Southeast Asia ▪ A new online platform between JD Thai JV and Chinese retail giant Central Group has launched under the brand 'JD Central' and plans to revolutionise the e-commerce experience for Thai customers. Meanwhile, in neighbouring Myanmar KFC is capitalising on increasing local acceptance of fast food with a planned expansion of 70 stores.




United States


Making connections ▪ Walmart has filed a patent for a biometric shopping trolley handle designed to track shoppers heart rates, grip intensity and temperature. Employees could then offer additional support to stressed out customers. The retail giant is also investing in a new platform to assists suppliers posting content on their website.



Monumental blow ▪ Sears has taken another hit, with shares dropping to an all-time low and falling below USD 1 as the department store chain runs out of time to stay afloat. The embattled retailer risks being delisted from the Nasdaq altogether if its stock doesn't increase within 30 days.




Strange but true


Mind over matter ▪ San Francisco-based startup Emotiv has developed some promising technology that allows users to move a ball using their minds… and a headset. Company founder Tan Le foresees such headsets as the future where one day we will be able to change channels, turn on lights and type all by using our thoughts. Check out the video here.



Game on ▪ The 'Fortnite phenomenon' sweeping the gaming world by storm has given the industry a 38% boost according to British retailer Argos. The sales of the online battle royale multi-platform game are expected to peak this Christmas.