Retail Update - powered by LebensmittelZeitung
Retail Update - powered by LebensmittelZeitung
Thursday, 04 May 2017

Hello, dear reader,
Amazon's highly anticipated entrance into the German grocery market is here at last. French retail major Monoprix is set to open a no-cash store. Spar International has ambitious expansion ideas in Ukraine, and US heavyweight Walmart wants to be the first to get an anti-corruption certification. Get informed about the latest news in our industry and feel free to share.


Amazon Fresh has landed in Berlin   Online giant Amazon has entered the German grocery market. Its long-awaited grocery delivery service Fresh is now available in Berlin, Lebensmittel Zeitung reports (in German). Here are some pictures. ▪
Monoprix experiments   The French retail chain will trial a cashless store, called Monop'Go, located close to its headquarter in Clichy. Similar to the Amazon Go concept, customers will be required to use an application on their smartphone to record the purchase of each item in their basket.  ▪
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Spar expands    The Dutch multinational retail chain and business conglomerate VolWest Group have revealed plans to open 50 stores in Ukraine over the next three years. The announcement came at the official opening of the first Spar store in Rivne, Western Ukraine. ▪
Sainsbury's struggles   Despite a boost from its new Argos division, the British retailer has reported a third straight year of profit decline. Here is what the analysts say. Sainsbury's is also considering expanding its convenience store chain by offering franchise deals to independent retailers.  ▪
Price cuts   In a bid to make healthier choices more affordable, UK supermarket leader Tesco has lowered the price of fruit and vegetables. Meanwhile competitor Morrisons has sparked a petrol price war after cutting costs for fuel. The retailer also slashed the prices on more than 1000 products.  ▪
Walmart wants certification   The US retail major is considering getting certified under a new compliance programme, developed by the International Organization for Standardization. It aims to help companies defend themselves against corruption. Walmart hopes to be the first US company to get the stamp.  ▪
Kraft Heinz under pressure   The US multinational is struggling to reignite sales in the absence of a deal. First quarter revenue dropped to US$ 6.36 billion and earnings fell short of estimates. Like many packaged food makers, Kraft Heinz is grappling with American consumers' sustained move toward natural, organic foods. ▪
Facebook booms    The tech giant exceeded expectations with a record quarterly result. The company also wants to prove that social media drives bricks-and-mortar sales with its latest feature test, and has announced that it will hire 3,000 workers to screen out objectionable content.  ▪
Asia & Australia
Alibaba partners with Argentine   The Chinese online retailer and the Argentine government have signed an agreement to develop new trade opportunities to meet rising demand for imported goods in China. The two partners will support merchants’ marketing to Chinese consumers through Alibaba’s e-commerce platforms. ▪
Developments Down Under   In a bid to remain competitive, office supply retailer Staples Australia and New Zealand is improving its pricing system +++ Christchurch-based outdoor equipment chain Kathmandu enjoyed a 9.3% increase in sales in its third quarter thanks to new products and better promotion. ▪
Uniqlo extends collection service   Fast Retailing makes it more convenient for Koreans to shop online. Starting in July, online purchases from Japanese fashion brand Uniqlo can be collected at 7-Eleven stores across South Korea. The Uniqlo 7-Eleven pick-up service has already been launched in Japan and Taiwan. ▪
Survey results
Tackling complaints   Unsurprisingly, consumers enjoy shopping in stores, but the experience has to meet their expectations. Long lines are one of the biggest turnoffs, according to a new study. Store employees (paywall), on the other hand, struggle to access necessary information, despite retailer efforts. ▪

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