Retail Update - powered by LebensmittelZeitung
Retail Update - powered by LebensmittelZeitung
Thursday, 13 October 2016

Hello, dear reader!
German discount powerhouse Aldi spends a whopping EUR 1 billion to keep growing in Ireland and the UK. Carrefour improves its presence in Brazil, while competitor Auchan invests in Russia. Alipay is now available in Hong Kong and in the US, an experiential retail concept takes centre stage. Enjoy today's news collection and share if you like.


asia & Australasia
Cross-border deals   Alibaba's electronic payment unit, Alipay, will launch its service for Hong Kong dollars this Thursday. Meanwhile, Hong Kong’s largest healthcare and beauty chain, AS Watsons, collaborates with Lazada Singapore and offers more than 500 products on the e-commerce company’s website. ▪
Investments in China   US tech icon Apple plans to build a research and development centre in Shenzhen, as it looks to bounce back amid growing competition from local rivals such as Huawei, and Chinese search engine giant Baidu has set up a US$ 3 billion investment fund to support start-ups. ▪
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Poultry giant goes public   Chicken and turkey breeder Inghams Group, the largest poultry producer in Australia and New Zealand, is set to float on the Australian share market with a market capitalisation of up to AU$ 1.5 billion. This might be the country's largest initial public offering this year. ▪
Aldi thrives abroad   The German discounter has enjoyed exponential revenue growth in Ireland and the UK and invested EUR 1 billion in its ever-growing network. This resulted in the opening of a further 76 new stores last year. The number of Aldi employees increased by 4,000 to 27,963. ▪
Auchan builds in Russia   The French retailer has signed an agreement to build a major new warehousing and logistics centre in the Moscow region and will invest around 6 billion roubles on the facility. The plant will be the biggest single-user building in Europe. ▪
Partnerships in progress   Fragrance retailer L’Occitane partners with delivery company CollectPlus to offer a click-and-collect service across more than 5,800 convenience stores in the UK +++ Sainsbury’s will turbo charge its integration of Argos and open collection points of the catalogue retailer inside its stores. It will also roll out pop-up shops to drive awareness of the brand. ▪
usa & Brazil
Amazon expands grocery   Following the recent price drop for Prime members, the online giant's grocery delivery service, AmazonFresh, has started in Dallas, Texas, and the surrounding metro areas. Over in Europe, the company has appointed Susan Saideman as its new vice president for fashion. ▪
Big stores on a roll   French retailer Carrefour continues to roll-out its innovative new generation concept and has re-opened six hypermarkets in Brazil. Cash-and-carry wholesaler Assaí, a unit of Brazilian retailer Grupo Pão de Açúcar, experiences significant growth with 99 stores open and nine under construction. ▪
Visual treat   US clothing chain Anthropologie, owned by Urban Outfitters, takes its experiential retail concept to the next level and debuts with a new format in California. The store features fully decorated showrooms, filled to the brim with custom furniture. Take a look. ▪
developments to watch
Working on delivery   The University of Washington is teaming up with Costco, UPS, Nordstrom and other stakeholders on a new project, the Urban Freight Lab, which aims to come up with solutions that improve the way goods are delivered. ▪
Digital impact   An increasing number of online shoppers make their purchases from another country, according to a survey by Pitney Bowes, and a study by Enterprise Management Associates found out that it has become difficult to provide business information as the digital infrastructure is getting more complex. ▪

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