Hello, dear reader!
Investments in technology to drive online sales and digital payments dominate the headlines today. Walmart merges its tech division, Sam's Club accepts Visa, and Lidl offers e-money vouchers. Amazon reveals more details about its drone plans and J.C. Penney continues its comeback. Read these stories and more in today's issue and don't forget to share.
asia & australia
Arrivals in Australia British department store Marks & Spencer has launched a dedicated website to target Australian online shoppers, but there are no plans to open a bricks-and-mortar store in the country. More Chinese retailers are predicted to set up shops in Australia according to Deloitte.
Alibaba partners with Nestlé The Swiss food group has agreed to a partnership with the Chinese e-commerce giant to grow online sales, build key brands and offer new products. Nestlé is also expanding its distribution in rural areas in China.
FOODBOARD™ – Cartonboard with functional barrier for sustainable and safe food packaging
With FOODBOARD™, Mayr-Melnhof Karton has developed the next generation of cartonboard which ensures highest product safety: FOODBOARD™ shields packed food against the migration of defined unintended substances such as mineral oils, phthalates, DIPN and bisphenol A and provides protection against cross-contamination during transport, storage and at the point of sale.
Ratan Tata invests in another startup Cashback and coupons site CashKaro is the latest company to join industrialist and angel investor Ratan Tata’s rapidly growing portfolio of startups. Since making his first investment in early 2014, the retired businessman has invested in 21 startups to date.
More organics on offer Italian food retailers such as Conad, Crai and Auchan Italia are adding more organic products to their private label offerings as a response to new consumption trends and consumer needs regarding healthy products.
usa & canada
Walmart merges tech teams The US retail giant is combining an Arkansas-based division that develops computer systems for its stores with a fast-growing technology unit in Silicon Valley. The merger will create a new group called Walmart Technology.
Amazon reveals more drone details They will be able to carry a limit of five pounds and be at the customers' doorsteps within as little as 30 minutes, informs the online powerhouse. The company has also rolled out the first devices available with Amazon Dash Replenishment, which enables connected devices to automatically order physical goods.
J.C. Penney continues comeback The department store operator is re-entering the appliances segment and will introduce a leading assortment of major appliances in February. The company has appointed Joe McFarland as executive VP of stores, effective immediately, succeeding Tony Bartlett.
Lidl offers e-money vouchers Payment provider Wirecard has expanded its collaboration with discounter Lidl in Croatia. The group will now be responsible for the processing of Lidl e-money gift cards in the country.
Sam's accepts Visa In an effort to better serve its members and extend the value of membership, warehouse-club retailer Sam's Club, owned and operated by Walmart, will accept Visa credit cards from February on.