Retail Update - powered by LebensmittelZeitung
Retail Update - powered by LebensmittelZeitung
Friday, 23 December 2016

Season's greetings!
'Tis that time of year again. Christmas is here and this our last bulletin for 2016. Amazon and Alibaba feature in it as well as mergers, growth strategies and acquisitions. German Retail Blog takes a look at innovative retail ideas and challenges. The RetailUpdate team would like to wish our readers, advertisers and contributors a happy Christmas and a safe start to the New Year. We will be back in January 2017.

asia & Middle east
Alibaba back on blacklist   Despite increased efforts to build a better reputation for authenticity, the Chinese e-commerce giant is back on the US watchlist for counterfeit goods. The company said the decision was politically motivated and that it was using big-data analytics to crack down on fake products on its Taobao site. ▪
Store arrivals   British icon House of Fraser, owned by Chinese conglomerate Sanpower, has finally opened its first-ever bricks-and-mortar store in China. In Korea, retailer Shinsegae wrapped up the year with the launch of a mega-store in Daegu, which includes rooftop aquarium, mini theme parks, an art gallery and a concert hall. ▪
Unilever invests in UAE   The British-Dutch consumer goods multi has opened a new production facility in the Dubai Industrial Park, which it says is the Middle East’s largest plant for personal care products. The company plans to make the factory a global sourcing unit by 2022. ▪
Busy days ahead   Shoppers in the UK are predicted to spend nearly GBP 900 million on groceries for the Christmas break, with Tesco expecting 10 million shoppers. Amazon UK anticipates its busiest ever Christmas Day in Britain, and says that more consumers will be shopping than enjoying the festivities. ▪
Expanding foodies   US-based manufacturer OSI Group has announced its acquisition of Flagship Europe, a UK foodservice supplier, for an undisclosed amount. In Switzerland, Migros-owned company Bischofszell increases its presence in the fresh Asian food category by taking over Sushi Mania. ▪
Banning battery eggs   After months of discussions with animal welfare groups, French giant Carrefour has decided that it will stop selling eggs from caged hens under its private label by 2020. Earlier this year, all major UK retailers, including Aldi and Lidl, have made the commitment to sell cage-free eggs by 2025. ▪
usa & Latin America
Purchases and acquisitions   US discounter Gabe's, which operates 106 stores and offers apparel and accessories, has been acquired by private-equity firm Warburg Pincus, and in Brazil, Belgium's Ontex Group is in talks with local pharma major Hypermarcas to purchase the diaper business of the latter for about US$ 300 million. ▪
J.C. Penney explores ideas   The US department store operator has teamed up with heating, ventilation and air conditioning systems company Trane to trial another big-ticket business - HVAC service. The move follows J.C. Penney’s successful launch of an expanded appliance department in 500 of its stores this year, which also started as a test. ▪
Good intensions   In a bid to make digital payments more secure, financial services providers Visa and Mastercard have partnered to accelerate the adoption of payment tokens. Meanwhile, Pepsico challenges rival Coca-Cola in Latin America, announcing that it will restore and protect watersheds in the countries in which it operates. ▪
inspiring innovations
Game changer Amazon   From delivery via drones to stores without checkout, the US online powerhouse remains in the headlines. German Retail Blog takes a look at the ‘Amazon go’ concept and its approach to solve the problem with queues at the till. Is it a blessing or a curse? It certainly gets the supermarket industry thinking. ▪
A Christmas look at retail   Freelance filmmaker Werner Prill went to sample the festive atmosphere in New York and shares his impressions. Across the Atlantic, stringer Christian Lattmann has returned from his latest tour of European retailing and gives a glimpse of what is happening on the other side of the pond. ▪

If this newsletter was forwarded to you, subscribe here!
For questions or comments please contact us here

To advertise in Retail Update click here

RetailUpdate is a product delivered to you by