Retail Update - powered by LebensmittelZeitung
Retail Update - powered by LebensmittelZeitung
Monday, 18 July 2016

Hello, dear reader!
Commitments to sustainability are growing with Aldi publishing its first report on the subject, Tesco promising to source its cocoa from certified sources, and Ikea expanding its renewable energy portfolio. Meanwhile, Alibaba is going to be more transparent and European retailers John Lewis and Boots are set to grow overseas. Enjoy the read and have a great start to the week.

asia & australia
Alibaba offers transparency    The Chinese e-commerce retailer plans to open its first online virtual reality shop to simulate the experience of shopping in a physical store. In a bid to make charitable causes more transparent, the Alibaba Foundation collaborates with logistics firms to allow users to track the delivery status of their donations. ▪
Department stores Down Under   British upmarket department store operator John Lewis expands into the Australian market in partnership with local chain Myer +++ South Africa's Woolworths enjoys an improved performance of its David Jones chain in Australia, which reports a healthy sales growth. ▪
Boots partners in Korea   Walgreens Boots Alliance has formed a franchise partnership with hypermarket retailer Emart that will take British pharmacy chain Boots into the booming South Korean market. Boots-branded shops are set to open in shopping malls and on high streets. ▪
europe & middle east
Delivery trials   UK supermarket chain Sainsbury's has announced that it is testing a one-hour home delivery service similar to Amazon's model. Meanwhile, Israeli start-up Bringoz plans to revolutionise shipping. The company will use algorithm and on-demand services to improve the efficiency of delivery services. ▪
Sustainability commitments   For the first time in the company's history, German discounter Aldi has published a sustainability report, and British supermarket chain Tesco is determined to source cocoa for its own-label products from Rainforest Alliance Certified sources. ▪
Mercadona expands in Portugal   The Spanish supermarket chain continues to plan for its entry into the neighbouring country and is on the lookout for its first 120 store directors. The new employees will be offered a training programme, for which Mercadona is prepared to invest EUR 50,000 per person. ▪
usa & Brazil
More eco-friendly pledges   Swedish furniture retailer Ikea is expanding its renewable energy portfolio in California with state-of-the-art fuel cell technology, and Florida-based supermarket chain Publix is working on a timeline for transitioning to cage-free eggs by 2026. ▪
Coca-Cola diversifies in Latin America   The Brazilian unit of the Atlanta-based softdrink giant will begin selling packaged Arabica coffee beans to consumers through a local tea brand called Leao. The company's partner, Tristao Companhia de Comercio Exterior, a coffee exporter, will acquire and roast the beans. ▪
Bigger bid for Monsanto   Last week, German multinational drug and crop chemical group Bayer has increased its offer for the St. Louis-based seed giant Monsanto to US$ 64 billion. But will this offer be high enough? Investors seem to be cheering. Here is what the analysts say. ▪
developments to watch
Pushing GMO-free products   Dannon, the yogurt maker owned by French food giant Danone, said its parent company’s US$ 10 billion acquisition of organic foods producer WhiteWave may help speed up efforts to get rid of genetically modified organisms in its products. ▪
Organics on the rise   Sales of organic fruits and vegetables at mainstream retailers now total US$ 5.5 billion, an increase of 16.4% from a year ago, according to a new report from the Organic Trade Association and Nielsen. Certain products have performed more strongly than others. Here are some key trends. ▪

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