When technology meets creativity - Sam’s Club plans an incubation site for future store concepts and technology. Asian supermarket chain 99 Ranch Market combines a warehouse-style grocery store with a multivendor dining hall, and US pastry chain Dunkin' has unveiled a cabin that is powered by waste coffee. Get inspired and enjoy the read.




Tuesday, 30 October 2018





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When technology meets creativity - Sam’s Club plans an incubation site for future store concepts and technology. Asian supermarket chain 99 Ranch Market combines a warehouse-style grocery store with a multivendor dining hall, and US pastry chain Dunkin' has unveiled a cabin that is powered by waste coffee. Get inspired and enjoy the read.

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United States


Joining forces ▪ Blue Apron gets a much-needed boost thanks to a partnership with Walmart's Jet.com. The e-commerce will be the first one to offer a selection of meal kits from the start-up for customers in New York. The kits, which will rotate every six weeks, will be available for same-day or next-day order.



High tech in Texas ▪ Walmart’s warehouse unit Sam’s Club is preparing to open the doors at a new Dallas area store that will serve as a testbed for the latest in retail technology. It will pilot technologies such as mobile checkouts, electronic shelf labels, augmented reality and artificial intelligence-infused shopping.



Store debuts ▪ Asian supermarket chain 99 Ranch Market has launched a new format called Cravings in California. The warehouse-style grocery store caters to both households and foodservice businesses. On the other side of the continent, value-retailer Five Below is eyeing New York as the location of its flagship.




Europe


Tax targets ▪ The British government has announced to introduce dramatic changes to how large technology companies such as Amazon, Facebook and Google are taxed in an attempt to ensure internet giants pay their fair share following a series of controversies in the sector.



Takeover bid ▪ London-headquartered pub chain The Restaurant Group, which owns brands such as Frankie & Benny’s and Garfunkel’s, is in advanced talks to acquire noodle bar chain Wagamama a for GBP 600 million. The deal would add 200 restaurants to the former's portfolio of 509 outlets.



Reporting results ▪ Russian retailer Lenta has posted a marginal decline in like-for-like sales in the third quarter of its financial year, claiming economic pressure. Revenue was up 12.5% to EUR 1.35 billion. The group is currently operating 354 stores, comprising 233 hypermarkets and 121 supermarkets.




Asia


Southeast Asian ventures ▪ French retailer Auchan has expanded its partnership with Alibaba-owned Lazada (in French) to succeed in the fast-growing market of Vietnam. Chinese e-commerce powerhouse Alibaba is set to launch an expansion drive in the area to counter regional newcomer Amazon.



Details on retail ▪ As part of its USD 44 billion expansion strategy, South Korea’s Lotte Group plans to invest USD 11 billion in its retail business during the next five years. Most of this spending will be outside South Korea, with Vietnam and Indonesia singled out as priorities.



Fight for the top ▪ Walmart-owned e-commerce platform Flipkart’s concluded its financial year with losses. The Indian company is locked in an intense battle with US giant Amazon with both entities pumping in millions of dollars in their businesses to gain leadership in India.




Unusual & remarkable


Run on waste ▪ American chain Dunkin' has teamed up with energy company Blue Marble to develop 'the Home that runs on Dunkin'. The small holiday cabin, located in Massachusetts, is powered by spent coffee grounds, has interiors styled by an actress and is listed on Airbnb.



Big spenders ▪ Google announced that it would grant about USD 25 million globally to humanitarian and environmental projects seeking to use artificial intelligence. Fellow tech player Amazon said that it has donated more than USD 100 million since 2013 to charities chosen by shoppers. Keep up the good work!