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

Hello, dear reader!
Optimising delivery is on the agenda of many retailers at the moment. India's Snapdeal has partnered with delivery service Peppertap, Amazon is following Uber's footsteps and Walmart is expanding its pick-up service. These stories and a lot more are in today's issue. Enjoy the read and spread the word by inviting your friends and colleagues to subscribe to this daily news compilation.


asia & australasia
Fruit business expansions   Pagoda, China's biggest fruit retail chain, plans to triple its number of stores to 3,000 by 2017. Currently, the company partners with more than 50 producers across the country. Meanwhile, fruit e-commerce has been emerging in China, but it is still at an early stage.   ▪
Indian investments   E-commerce major Snapdeal has picked up a minority stake in grocery delivery service Peppertap with the goal of expanding its presence from 18 to 75 cities +++ Chinese e-commerce giant Alibaba has made a direct investment of US$ 500 million in digital payment platform Paytm and Microsoft is set to launch three data centres in the country according to its CEO Satya Nadella. ▪
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Winners and losers    Auckland-based clothing retailer Hallenstein Glasson has reported a jump in profit, while while children's clothing company Pumpkin Patch has announced a full-year loss. Also, struggling outdoor retailer Kathmandu is closing its UK stores after its profits dropped by more than half. ▪
Grocery deliveries    Amazon UK has started selling groceries online in Birmingham  and London. However, it has declined to comment on whether the full launch of Amazon Fresh will be early next year. Meanwhile, UK's leading buying group Nisa says it has maintained record standards of delivery service while reducing costs by GBP 3.3 million this year.  ▪
Tesco restructures   The British supermarket major is set to change the layout of its stores over the next couple of weeks in a bid to enhance product availability. The company's Irish arm has posted sales growth for the first time since early 2013. ▪
Problems abroad   Swedish furniture retailer Ikea was not allowed to open its first store in Morocco due to a last-minute decision by the country's government, and French hypermarket chain Auchan faces closure in Russia over allegedly breaking food regulations. ▪
usa & canada
Amazon follows Uber   The online giant is testing an Uber-like service for delivering its one-hour Prime Now packages that will enlist people to deliver packages for Amazon with their own cars. The service is called Amazon Flex and is only available in the company's home base Seattle, but will eventually launch in a number of other markets. ▪
Walmart expands pick-up service   Competing with Amazon, America’s largest food retailer has extended its grocery pick-up service to eight additional markets and is considering a further roll-out. Walmart sticks to its environmental goals and says there is no conflict between sustainability and good business. ▪
Coca Cola ends sponsorships   The Atlanta-based beverage company isn’t renewing its financial sponsorship of the Academy of Nutrition and Dietetics and says the decision was driven by its “budget realities". It says it it will also not renew current contracts with other groups.  ▪
Thought-provoking reads
Robots fail in assembling   Researchers in Singapore are trying to figure out how to get robots to assemble IKEA furniture, but it’s proving an uphill struggle. Nevertheless, the team remains determined and plans to keep working on the robot until it has mastered the tasks. ▪
Big drone Christmas   The US Federal Aviation Administration (FAA) reckons that one million drones will be sold this Christmas. Aviation regulators are terrified the unmanned aircraft will present a danger to air traffic. ▪

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