Retail Update - powered by LebensmittelZeitung
Retail Update - powered by LebensmittelZeitung

Hello and good day!
Cosmetic companies have hit the headlines over the past few days. Germany's Douglas seems to be returning to the stock market, Japan's Shiseido is overhauling its business structure, while over in the US, Sally Beauty battles data breaches. Read these stories and a lot more in today's issue. Have a great start to the new week.

asia & australia
Woolies in data breach debacle    The supermarket giant had to cancel A$ 1 million worth of shopping vouchers following a massive leak of customer data, in which it mistakenly emailed redeemable codes of 8000 gift cards containing the customers' details.  ▪
Shiseido bounces back   After a decade in the wilderness, the Japanese cosmetics maker, which accounts for 20% of market share in the country, is overhauling its product lines and business structure. All eyes are on the reform efforts of its president, Masahiko Uotani. ▪
C-star is China's most international retail show
The first edition C-star was a huge success. On a net exhibition space of 5000 square meters, C-star featured 162 exhibitors from 23 countries. Despite being held for the first time, 5721 visitors from 59 countries and regions came to visit the show, with 18% coming from overseas. This makes C-star China's most international retail trade show.
Join us next year for another exciting edition of C-star!
Snapdeal challenges Flipkart    The Indian online marketplace has hit a sales run rate of US $3.5 billion in May, bringing it closer to Flipkart, the country's largest e-tailer. The rivalry between the two online marketplaces is spilling over to social media. Snapdeal is in negotiations to outsource its call centres and has expanded its payment options. ▪
Lidl Austria grows significantly   The German discount giant has raised its sales from EUR 900 million in the preceding year to EUR 1 billion in the financial year 2014/15. Lidl managed to achieve (paywall) the sales increase of 10% through outlet modernisation and store extensions. ▪
Douglas returns to stock market   The German cosmetics and perfume chain plans an initial public offering (IPO) this year, returning to the stock market three years after U.S. buyout firm Advent International acquired the company. ▪
Carrefour sells Dia stores   The French retailer plans to get rid of 100 of the 750 Dia stores it purchased last year, because they do not fit its 'transformation plan', which is to be completed by the end of 2016. Meanwhile in Belgium, Carrefour is piloting (paywall) a grocery e-commerce pick-up point located at Belgium's National Radio and TV station. ▪
usa & canada
Amazon expands cloud computing in Ohio   The e-commerce giant has selected Ohio as a major Midwest hub for its cloud computing operations.  The expansion will create 1,000 jobs and gives Amazon tax breaks on certain equipment purchases. ▪
Walgreens keeps HQ in U.S.   The recently created conglomerate Walgreens Boots Alliance plans to keep its headquarters in Deerfield, Illinois. The company's executive VP and global CIO, Tim Theriault, will step down for personal reasons, effective June 1, 2015 ▪
Sally Beauty updates on security   The Texas-based retailer is releasing new information about a data breach that occurred between March and April 2015, saying all malware has been eliminated. It was the second time in just over a year that Sally Beauty, which runs 4,900 stores worldwide, was affected. ▪
Dollar Tree sheds 330 stores  Discount retailer Dollar Tree agreed to sell 330 Family Dollar stores to private equity firm Sycamore Partners. The company said the stores represent about US$ 45.5 million of operating income for Family Dollar.  ▪
 interesting finds
Potential for online groceries in Germany   Compared to online pioneer industries like fashion or media, the online food trade is only just beginning. A survey from the Cologne Business School (CBS) found that nearly 71% of consumers have never purchased groceries online. ▪
Studying supermarket giants   Dennis Price from Inside Retail says the evolution of supermarkets contains many lessons for modern retailing and analyses important drivers such as pricing and branding ▪

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