Retail Update - powered by LebensmittelZeitung
Retail Update - powered by LebensmittelZeitung
Wednesday, 31 August 2016

Hello, dear reader!
Targeting Taiwan’s blooming mobile commerce, Carrefour goes digital and eco-friendly. In Malaysia, Tesco restructures its operations and a Japanese lifestyle store launches in Kuala Lumpur. European retailers Albert Heijn and Sainsbury's aim to make shopping easier. In the US, Lowe's will work with robots and Uber fuels competition, while Apple has its very own problems. Get informed and share the news.

asia & Brazil
Carrefour cares for environment   In a move to encourage eco-friendly mobile payment technology, the retail giant and French company Edenred have jointly launched the first digital voucher service in Taiwan. Over in Brazil, Carrefour partners with big data firm Agrotools to ensure its supply chains are as ecologically sound as possible. ▪
Targeting Malaysia   Tokyo-based Isetan Mitsukoshi Holdings, which owns an international department store chain, is set to bring genuine Japanese lifestyle to the Southeast Asian country by opening a new speciality store in Kuala Lumpur. Meanwhile, Tesco Malaysia restructures its operations in the region, promising to keep job cuts to a minimum. ▪
Drone flagship in Hong Kong   Tech company Da-Jiang Innovations, the world's biggest maker of drones, will open its largest store in the city's busiest shopping district. It will feature flight cages, experience zones, a technical support centre and a full range of consumer and professional products.  ▪
Albert Heijn offers mobile pick-up   The Dutch retailer has said that it will launch a mobile pick-up point, which is a more flexible solution for temporarily increased demand. The pilot location will be based at the Albert Heijn branch of Zuiderhaven in the north of the Netherlands. ▪
Sainsbury's reduces shopping stress   In an effort to help the elderly and those with disabilities, the British supermarket operator will trial the ‘slow shopping’ concept. The chain’s store in Gosforth has set aside one afternoon per week where staff is on hand to assist and increase convenience for senior customers. ▪
Morrisons hires Asda boss   Britain's fourth largest supermarket chain continues its turnaround efforts with the appointment of Barry Williams as its new trading director. He will join Morrisons next February, a year after he quit Asda where he was leading the food-trading division. ▪
usa & canada
Lowe's tests robots   The home improvement chain will trial a fleet of retail service robots this fall throughout select stores. The kiosk-like robots will help consumers better navigate the store, scan inventory and check stock availability. ▪
Abercrombie closes stores   The teen-focused apparel retailer reported declining sales and said it is closing up to 60 stores in the US. The company also offered a downbeat outlook as it competes with fast-fashion chains like H&M and suffers from lower tourist spending. ▪
Challenging Uber   Discounter Target is losing one of its top managers, executive VP Jeff Jones, to online transportation network Uber. In California, the network partners with Visa to offer discounted rides. Meanwhile, Google is undercutting Uber with its own ride-sharing service in San Francisco. ▪
developments to watch
Apple in shock   The tech giant has been ordered to pay a record-breaking EUR 13 billion in back taxes to Ireland by the European commission. Apple has reacted with outrage. However, it isn't the only company to face scrutiny for its overseas taxes. Amazon, McDonald's and Starbucks are also in hot water over tax situations. ▪
Cyber-crime on the rise   There was a significant increase in fraud attacks at US online merchants throughout 2015 and the first quarter of 2016 according to the Global Fraud Attack Index. The digital goods sector was the hardest hit, followed by food and beverage. ▪

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