Bookseller Barnes & Noble has launched a prototype experience flagship, doughnut chain Dunkins' new location impresses with a modern atmosphere, and Dutch grocer Jumbo dedicated a pop-up to a Formula 1 star. These examples show that innovative store concepts are still scoring. Get inspired by the ideas and have a relaxing weekend.




Friday, 21 September 2018





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Bookseller Barnes & Noble has launched a prototype experience flagship, doughnut chain Dunkins' new location impresses with a modern atmosphere, and Dutch grocer Jumbo dedicated a pop-up to a Formula 1 star. These examples show that innovative store concepts are still scoring. Get inspired by the ideas and have a relaxing weekend.




Europe


Strategic decisions ▪ Investment firm EP Global, owned by Czech businessman Daniel Křetínský, tightens its grip on German retailer Metro by buying an additional stake, fuelling speculation of a full bid. In southern France, agricultural group InVivo aims to expand into retail and is in talks to buy Bio&Co, a chain of organic food stores.



Takeover target ▪ Uber is reportedly in early talks to acquire London-based delivery service Deliveroo. The potential purchase is regarded as a major attempt by the American ridesharing company to dominate the food-delivery business in Europe and comes amid intensifying competition in the eat-at-home market.



Competitive offerings ▪ While Amazon tries to stay ahead of its tech rivals Apple and Alphabet in the US with the introduction of more voice-controlled homeware devices, the e-commerce giant reinforces its fashion commitment in Europe, launching its first own brand of women's sportswear called Aurique.



Promoting Serbia ▪ Alibaba plans to launch its Alipay platform in Serbia by the end of this year. The Chinese e-commerce giant is also set to promote the country as a tourist destination through its Fliggy app. The local trade ministry expects an increase in guests from China.




US & Canada


Thinking ahead ▪ Walmart Canada has partnered with Food-X Urban Delivery, which uses food waste reduction technology, to launch a sustainable delivery option in Vancouver. The retailer is also determined to train the employees of its 5,000 stores in virtual reality, sending Oculus Go headsets to each outlet.



Network expansions ▪ The opening of a new store in Pennsylvania brings regional supermarket chain Wegmans's estate close to the 100-unit milestone. Nebraska-based retailer B&R’, which operates three retail banners, has also extended its footprint with the acquisition of the Heartland Foods store.



Streamlining efforts ▪ Under Armour announced 400 job cuts and raised its forecast for adjusted profit. The athletic apparel company, known for its performance clothing, has been struggling as competition heated up, and rivals like Nike and Adidas have increased its market share.




Asia & Australasia


Eastern forays ▪ As part of its strategy to accelerate technological innovations in Japan, Amazon has opened its first permanent office in Tokyo dedicated to helping start-ups. The online powerhouse is also in talks with the Indonesian government to enter the country, which is one of Southeast Asia's largest markets.



Solid numbers ▪ New Zealand's biggest retailer, The Warehouse, has posted a 12% rise in profit to NZD 22.9 million profit, despite flat sales growth. The company says shoppers are responding well to its new strategy of shifting away from continual sales and implementing "everyday low price" strategy.




Weekend inspirations


Creative ambience ▪ Bookseller Barnes and Noble has opened a prototype (with pictures) in Columbia, Missouri, that looks much different from most of the chain's 600-plus stores. The contemporary design includes oak bookshelves, three community tables and "book theatres." The children's area includes a Lego-section.



Entertainment value ▪ US chain Dunkin' Donut bets on instore convenience and technology with its new concept store in Rhode Island. Meanwhile, Dutch grocer Jumbo dedicated a pop-up store in Groningen to Formula 1-star Max Verstappen. It features a racing car and merchandise, including a clothing range and caps.