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

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The Japanese government may soon be able to tax international online companies, John Lewis plans to charge a fee for small click & collect orders and Macy’s is the latest to tell Donald Trump he's fired. All these stories and more are in today’s issue. Have a great day.


The tax man is coming   The Japanese government may finally be able to tax global online retailers such as Amazon. The OECD is apparently targeting international companies that don’t pay taxes in countries despite having warehouses there. ▪
IKEA plans big in Australia   By opening small urban stores and selling online, the Swedish company plans to more than double its presence in Australia. The company currently has eight Australian stores, which is expected to increase to about 22 over the next few years. ▪
Flipkart ranked no. 2 for books   The major e-tailer has been ranked the world’s second top book retailer — the only Indian brand to be ranked among the top five. Meanwhile, it is likely that Flipkart will acquire a majority share of online fashion retailer Myntra creating India’s largest consolidation in the e-commerce sector. ▪
John Lewis to charge for click & collect   At the end of July, John Lewis department stores will charge a small fee on any orders under a certain amount. Managing director, Andy Street, says the current arrangement is causing logistical headaches and is unsustainable. ▪
Casino partners with Starbucks   A new licensing partnership between Casino and Starbucks will see coffee shops opening in Géant Hypermarkets and Casino Supermarkets across France. The deal is expected to rapidly boost the coffee giant’s presence in France, where it currently has just 100 outlets. ▪
New discounter throws hat in the ring   Pep&Co entered the crowded British discount retail market on Wednesday by opening its first store in Kettering, Northamptonshire. The South African retailer plans to open 50 more stores in Britain within the next eight weeks. ▪
Macy's the latest to dump Trump   The department store chain has become the latest company to sever ties with Donald Trump after his declaration that some Mexican immigrants bring drugs and crime to the U.S. and are rapists. Macy's has carried a Donald Trump menswear line since 2004. ▪
C-store giant goes upmarket   7-Eleven has introduced two premium ranges in the US. They say the new lines (7-Select GO!Yum and 7-Select GO!Smart) are inspired by customer feedback. Meanwhile, the c-store giant has partnered with San Francisco-based start-up Postmates, which will enable select stores in San Francisco and Oakland, California, to offer on-demand delivery. ▪
Kraft shareholders give the green light   On the back of the Canadian Competition Bureau's recent decision not to challenge the merger of H.J. Heinz Co. and Kraft Foods Group, Kraft’s shareholders have voted in favour of the merger. The merger will make the company the third largest global food and beverage supplier. ▪
retail insight
The movers and shakers of retail   Want to know what retail excellence looks like? Well, this year’s Power List names and profiles the 100 most influential men and women in retail.  ▪
Social media growing in retail   A recent Retail Perceptions survey of 2,000 consumers found that a massive 88% want to connect with retailers via social media and almost 60% want to know about upcoming in-store events. ▪

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