This week France's Casino group invests in a payment app, while Switzerland plans a new delivery service. Across the water, Kroger makes plans for Cincinnati, and Walmart sets up toys online. In China, JD.com is suffering from a difficult market. Also, insects are getting tasty in Britain. Read on and have a great day!




Tuesday, 20 November 2018





Hello ,

This week France's Casino group invests in a payment app, while Switzerland plans a new delivery service. Across the water, Kroger makes plans for Cincinnati, and Walmart sets up toys online. In China, JD.com is suffering from a difficult market. Also, insects are getting tasty in Britain. Read on and have a great day!




United States


Robot resolution ▪ Supermarket giant Kroger, and UK-based online grocer Ocado, are building the first of their new automated warehouses on Kroger's home turf, Cincinnati. The robot-staffed warehouses will potentially drastically reduce Kroger's time and labour costs.



Cutting apron strings ▪ Meal-kit supplier Blue Apron has temporarily axed its high profile partnership with wholesaler Costco, and with it its retail store ventures. The ingredients company is also undergoing a restructure, that will affect around 100 jobs. Blue Apron aims to resume Costco efforts next year.


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Tools and toys ▪ Online giant Amazon is updating its language learning tool Comprehend to allow customization without machine or language expertise. Meanwhile, supermarket leader Walmart is creating an online playground, giving kids access to 20 of its top children's toys from home.




Europe


Mobile market ▪ French multinational retailer group Casino is moving into the mobile payment business, buying a 5% stake in payment app Lyf Pay. The French app wants to expand into the growing mobile payment market in Europe, with hopes to rival tech giant Apple's system, Apple Pay.



Swiss deliveries ▪ Swiss giant Migros is keeping up with the delivery business, trialing Miacar, a new version of its previous Migros wagons, in Bern. Miacar users will select groceries via app and receive them within a short time frame via electric car. The system is planned to go nationwide if the pilot is successful.



From the Iberian Peninsula ▪ Both Spanish grocery chain Coviran and German discounter Lidl have opened new stores in Portugal, while France's Intermarché has poured EUR 4 million into a Caldas da Rainha hypermarket. Meanwhile, the Spanish leg of French retailer Auchan has signed with warehouse brand Makro to negotiate the purchase conditions of goods.



Conscientious decisions ▪ British supermarket chain Tesco has joined with WWF, the world's largest conservation society. The four-year partnership will see the grocer cut certain products and enhance both sustainability, health and prices of its food service.




Asia


Worrying forecast ▪ Online retailer JD.com has reported lower than predicted third quarter results. Despite Singles' Day promotion revenue up by 17%, the company's shares have dropped 44% due to concerns over the slackening market. E-retail rival Alibaba has also seen a share decrease of 11%.



Getting sporty ▪ Chinese retail giant Tencent looks set to acquire Finnish sportswear chain Amer. The deal will be spearheaded by Chinese sports retailer Anta Sports Products, with Tencent a secondary investor. If completed the purchase will secure Amer's presence in the Chinese market.




Wonderful! And interesting.


Electric season ▪ The Christmas sales season has never looked better for device users, due to the wealth of gadgets entering the market this year. The major names have got a lot to offer, with Apple's additions to its Mac range, and Google's Pixel 3 phone line.



Like crickets? ▪ UK supermarket major Sainsbury's is trying out something crunchy, with a new range of consumable insect products, namely, its brand of Crunchy Roasted Crickets – BBQ flavour. It is the first supermarket in the UK to do so, and reflects changing attitudes towards alternative food sources.