Hello and good day!
German Retail Blog had the unique opportunity to talk to Ornella Barra, Executive Vice President of Walgreens Boots Alliance. The newly-combined pharmacy giant is in the process of streamlining, closing stores and cutting costs, but also merging European and US corporate culture. Enjoy this exclusive interview and more interesting updates on the last day of the week.
asia & Australia
Australian retail struggle The swift exit of two CEOs and a chairman in the past couple of months have investors questioning strategy and governance at Myer, Santos and Woolworths. Department store operator Myer could have a new owner soon as billionaire Solomon Lew and private equity groups engage in a bidding war.
Lianhua Supermarket sells stakes Yonghui Superstores will become the second-biggest shareholder of Shanghai’s supermarket chain Lianhua by buying a 21.17% stake. Just recently major pan-Asian retailer Dairy Farm has acquired a 19.99% stake in Yonghui for US$ 915 million.
Asos teams up with Vevo British fashion e-tailer Asos is pushing further into music by signing a partnership with music video service Vevo, hoping to tap into the lucrative millennials market.
Home Depot offers omnichannel experience The home improvement retailer is offering a variety of omnichannel shopping features, including “expanded aisles” that bridge instore products to items available online.
Amazon gets green light for drone trial The e-commerce powerhouse has won approval from US federal regulators to test a delivery drone outdoors, less than a month after the company blasted regulators for being slow to approve commercial drone testing.
Payment security is a major concern Retailers are being urged to reassure online shoppers that their information is in safe hands when they start browsing a site, after new research named security as a top concern.
Instore habits change According to the new “Reality of Retail” report from retail marketing firm InReality, three in four shoppers use a mobile device when inside the stores to shop.