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

Hello, dear reader!
British supermarkets and their headaches remain in the headlines. Sainsbury's fails to buy Home Retail Group and Tesco gets stuck with its Turkish stores. Meanwhile, their rival Amazon reaches another milestone having now delivered more than a billion items. In Las Vegas, the largest consumer electronics show in the world kicked off and offers a sneak peek. Check it out.


Shinsegae launches in Vietnam   The South Korean retail group has finally entered the Vietnamese market with the opening of its first E-Mart hypermarket in the country at the end of last month. It's seen as the start of its Southeast Asian rollout. Rival Korean chain, Lotte Mart, has been in Vietnam since 2011. ▪
Aeon invests in Thailand    The Thai unit of the Japanese retail giant has announced plans to develop its first mega-mall in Bangkok as part of its 10-billion-baht investment over the next years. Aeon is set to open 10 MaxValu stores in each of the next five years. ▪
UPS teams up in India   To expand its presence across India, US delivery company UPS has partnered with First Flight Courier, an Indian domestic courier firm. In other news from India, local grocery startup Grofers is shutting down its operations in nine cities and retailer K Raheja Group gives omni-channel  strategies a go. ▪
Dairy giant with ambitious goals   Having completed the acquisition of Dairy Crest in December, newly-formed dairy major Müller Milk & Ingredients has vowed to integrate the operation "at pace". The company aims to be the biggest and best of its kind in the UK. ▪
Sainsbury's bid and Tesco's decision    In a bid to strengthen its business against the likes of Amazon and Aldi, British retailer Sainsbury’s has made a GBP 1 billion move to buy Home Retail Group, the owner of Argos. The bid was rejected. Here is what insiders think. Meanwhile, Tesco's Turkish subsidiary Kipa has decided not to sell stores to local rival retailer Beğendik. ▪
Auchan expands in Russia   The French retailer is set to invest EUR 195 million in Russia this year to expand its presence in the country. A majority of the money will be spent maintaining its supply chain operation and creating 10 new Auchan City hypermarkets and 40 Atak supermarkets. ▪
usa & canada
Brookstone goes overseas   Innovative product developer and specialty retailer Brookstone began the new year by opening its first overseas store in one of the largest retail shopping centres in Nanjing, China. Additionally, the retailer opened three in-store shops in in Beijing and Shanghai. ▪
Amazon sets another record   Items ordered from the online giant on Cyber Monday rose more than 40%, exceeding 23 million for the first time. Amazon revealed that in 2015, it delivered more than a billion items around the world, which is another milestone for the Seattle-based company. ▪
Connecting with the customer   Home improvement retailer Lowe’s is increasing its presence in the connected home market through a partnership with the connected home device Nucleus, while Indianapolis-based Marsh Supermarkets teams up with software vendor inStream to provide personalised offers. ▪
shaping the future
Cool gadgets at CES   From drones to wearables to game-powered toothbrushes, the largest consumer electronics show in the world, kicked off in Las Vegas with a sneak peek called CES Unveiled. Check out what you might want to buy. ▪
Celebrating visionaries   Michelle Gass from department store company Kohl's and Restoration Hardware's Gary Friedman are among the 25 "People Shaping Retail's Future 2016" nominated by the National Retail Federation Foundation. Categorized as disruptors, dreamers, givers, influencers and power players, they will be honoured at a gala in January. ▪

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