Retail Update - powered by LebensmittelZeitung
Retail Update - powered by LebensmittelZeitung
Wednesday, 18 May 2016

Hello, dear reader!
Australian retailers have come to a remarkable agreement to improve the fresh produce supply chain. The sheer amount of food waste has triggered a major campaign in Britain. In the US, Walmart pushes online payment and Amazon eyes more book stores. Hudson's Bay enters Europe, while Office Depot considers closings on the continent. Have a productive day and don't forget to share the news.

asia & australia
Improving the supply chain   In a world-first, major grocery retailers in Australia, including Aldi, and the horticultural industry have agreed to streamline fresh produce safety requirements. The move is aimed at lowering the cost of doing business and improving food safety across the fresh produce supply chain. ▪
Robinsons on expansion path   The Philippines-based retail group has purchased a majority stake in drugstore chain The Generics Pharmacy, making it the largest pharmaceutical retailer in the country. In another move, Robinsons has partnered with Asian online grocery platform Happy Fresh, which started operation on Sunday. ▪
Thai products hit Vietnam   After acquiring supermarket chains in Vietnam, Thai retail groups, which have a market share of more than 50%, are strengthening the distribution of products from their country to the detriment of Vietnamese labels, prompting local competitor Vingroup to launch a supporting programme for domestic production.  ▪
Entries and exits   Toronto-based retailer Hudson's Bay, which purchased German department store chain Kaufhof last year, expands outside its home country for the first time and plans to open up to 20 stores in the Netherlands. Meanwhile, home office retailer Office Depot considers selling some of its European operations. ▪
Tesco simplifies e-commerce   The British retailer has announced plans to close down its standalone F&F clothing website in a bid to make shopping online "as simple and easy as possible". The site will be integrated into the Tesco Direct platform. ▪
Fighting food waste   Nearly two million tons of food are wasted every year in the UK grocery supply chain, according to a new report by Wrap, which costs the food and drink industry a staggering GBP 1.9 billion. This triggered magazine The Grocer to launch a major campaign to tackle the issue. ▪
Walmart pushes mobile pay   The US big box retailer seeks to make checking out more convenient and has started a massive roll-out of its mobile payment service. Walmart Pay was launched at around 600 stores across Texas and Arkansas yesterday. ▪
Ambitious Amazon   Chief executive Jeff Bezos has confirmed that the online giant is planning to build more retail stores over the next years. Another audacious goal of Amazon is to bring voice-navigation to touchscreens with a device, code-named "Knight", which is reportedly under development. ▪
Home Depot raises forecast   The Atlanta-based home improvement chain has benefited as consumers cut back spending on items such as apparel and instead spend more on home renovations. After a stronger-than-expected first quarter, the retailer increased its sales and profit forecast for 2016. ▪
digital Trends
Online versus offline   Almost 50% of British consumers carry out their grocery shopping online, according to Mintel. Over in the US, Brick Meets Click has released the first evidence-based report on the competitive landscape for online grocery, revealing that the biggest competitive threat supermarkets face online is, unsurprisingly, Amazon. ▪
African payment partnership    Rwanda-based mobile financial services provider Mobicash and South Africa's Boloro have launched a mobile payments system with wholesaler Big Save. It is seen as a first step to boost financial inclusion and connect Africa's resources through digital transformation. ▪

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