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

Hello, subscribers!
In India, Flipkart and Amazon are accused of a copyright breach; Waitrose expands further in London and Starbucks has been voted the best place to work. All these stories and more feature in today’s RetailUpdate. If you enjoy this edition, don’t forget to share. Have a great day.


South Korea retail sales in recovery   According to data from leading department and discount stores, retail sales in South Korea are in recovery mode post MERS — a virus that caused tourists to avoid South Korea and locals to stay home.  Last month, total sales at department stores operated by Hyundai Department Store Lotte Shopping and Shinsegae Co increased 17.4 % year on year. ▪
Flipkart & Amazon accused of copyright breach   The two e-tailers have been accused by Surat-based saree manufacturer and retailer Siddhi Vinayak Knots & Prints of selling copies of its designs. Bhushan Mahadik, Siddhi Vinayak's lawyer, says Amazon and Flipkart sellers have even used Siddhi Vinayak photographs. ▪
China the future says Walmart Asia CEO   From a summit in Manila, Walmart Asia CEO, Scott Price, said China will be responsible for over half of the world’s retail growth during the next ten years. He said online-to-offline is critical, as customers look for convenience +++ Meanwhile, quality has surpassed security as the biggest online shopping concern. ▪
Waitrose expands in London   The British supermarket chain is set to open an 18,000-square-foot store in the Nine Elms area of London. Waitrose now has over 100 outlets in the greater London area. ▪
Carrefour Italia introduces coupons   In an effort to boost earnings and customer loyalty, the French retailer’s Italian arm has introduced personalised coupons. Meanwhile, Carrefour has partnered with Czech PointPark Properties to build a massive 81,000-square-metre logistics plant in Romania. ▪
Tesco promises to reduce Campylobacter   Following research that found that Campylobacter bacteria had dropped to less than 9% in the third quarter of the year, the UK retailer has promised to reduce Campylobacter levels in its fresh chicken even more.  ▪
Lowe's beats expectations   Buoyed by a continued housing market recovery, the home-improvement retailer has posted a pleasing third-quarter result. Lowe's earned US$ 736 million, or 80 cents per share, for the period ended October 30. This is in comparison to US$ 585 million, or 59 cents per share, a year ago. ▪
Starbucks a favourite with employees   According to a survey by CareerBliss, the coffee giant is the number-one employer when it comes to creating a happy workplace. Ace Hardware, Ikea, Apple and Barnes & Noble made the top five. ▪
Martha Stewart moves to Amazon   Martha Stewart’s American Made store has left eBay and will instead be housed inside Handmade at, a section the e-commerce behemoth launched last month for US artisan sellers. ▪
developments to watch
Fast delivery: Can retailers afford it?   As competition intensifies, e-tailers, like Amazon, are investing more in improved delivery services. But how much is it costing retailers? CEO of Blackbay, Nigel Doust, says it’s a vicious circle. ▪
Supermarket brands continue to challenge   According to consumer watchdog Which?, supermarket own brands are continuing to challenge leading brands, and own-brand favourites during the Christmas season are equalling leading brands in quality and beating them in price. ▪

If this newsletter was forwarded to you, subscribe here!
For questions or comments please contact us here

To advertise in Retail Update click here

RetailUpdate is a product delivered to you by