Alibaba is booming with plans for imported products, while Chinese franchise Luckin Coffee tears across its home country in record speed. Retail turbulence is hitting the clothing market hard, despite Primark's success. New York is hoping for a share in Amazon's new headquarters, and French online retailer Cdiscount develops in Germany. Enjoy the read!




Wednesday, 07 November 2018





Hello ,

Alibaba is booming with plans for imported products, while Chinese franchise Luckin Coffee tears across its home country in record speed. Retail turbulence is hitting the clothing market hard, despite Primark's success. New York is hoping for a share in Amazon's new headquarters, and French online retailer Cdiscount develops in Germany. Enjoy the read!

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Asia


Strong moves ▪ Chinese online giant Alibaba will be selling USD 200 billion worth of imported goods over the next 5 years. The company has also recently signed with leading meat-processor JBS in a USD 1.5 billion deal, as well as a further meat product deal with Danish Crown.



Amazon perseveres ▪ Despite losses in the country, the online leader's India branch claims they are only just getting started. The company is looking to increase its user base in the country to 100 million Prime subscribers, buoyed by recently doubled Prime subscriptions.


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Up and coming ▪ Chinese franchise Luckin Coffee has already exploded across the country with over 1,400 stores opened since its arrival last January. The start-up has now entered a second round of investment talks, with aims of increasing its value to USD 2 billion and rivalling Starbucks.




Europe


Salty sales ▪ The UK branch of snack and beverage conglomerate Pepsico is set to add snack food Pipers Crisps to its resume and has launched a bid for the Lincolnshire-based company. Pepsico has already acquired several similar products and plans to grow and develop in Europe's top crisp market.



Fashion trouble ▪ Irish-based apparel retailer Primark has seen promising sales figures in the face of slowing retail. UK fashion chain New Look has been less successful, with at least 85 stores set to close. German online clothing brand Zalando has suffered from the hot summer, and sustained an EUR 39 million loss.



Italian ventures ▪ Italian grocer Conad will be extending its holdings to 6 hypermarkets along the Italian Peninsula, after a deal with private retailer Finiper. Meanwhile, Aldi Italia plans to cut down unnecessary packaging with the aim to replace all plastic products with sustainable alternatives by 2019.




United States


Split decision ▪ E-commerce leader Amazon is reportedly planning to have two new locations for its second headquarter. The Seattle-based giant is eyeing up land in Dallas, New York and Washington DC, and will hire a potential 50,000 new people.



Shop to cook ▪ Several top grocers including Walmart, Albertsons, and H-E-B have now made an addition to online ordering, where customers can shop for ingredients via recipes, with ingredient-finding technology Myxx. The platform offers access to more than 200,000 shoppable recipes that connect to retailers' own selections.



Mobile checkout ▪ Convenience store operator 7-Eleven is the latest retailer to launch a pilot programme that enables customers to use their smartphone to pay for merchandise. Shoppers can use the Scan & Pay feature in 14 stores in the Dallas area.




Nurturing business


Insider insight ▪ Cdiscount, the e-commerce child company of French retail titan Casino, has been making its presence known in Germany since July. It already has 14,500 collection points in the country, with a further 6,400 planned for 2019. The CEO Cdiscount discusses its moves with German Retail Blog.



Future solutions ▪ German retailer Metro is continuing its accelerator program, having selected 10 start-ups from 8 different countries. The start-ups will receive support from the Berlin-based programme with the goal of providing technology solutions for the hospitality sector.