All eyes are on India today where industry heavyweights are eager to bolster their presence in one of the world’s most promising consumer markets. Amazon is eyeing control of the country's Future Retail group, while Unilever is about to win the race for a lucrative nutrition business. Exciting times. Enjoy the read and feel free to share!




Wednesday, 28 November 2018





Hello ,

All eyes are on India today where industry heavyweights are eager to bolster their presence in one of the world’s most promising consumer markets. Amazon is eyeing control of the country's Future Retail group, while Unilever is about to win the race for a lucrative nutrition business. Exciting times. Enjoy the read and feel free to share!

ADVERTISEMENT
 



Asia


Exclusive talks ▪ Amazon India is in advanced negotiations to buy a stake Future Retail with the option to buy out founder Kishore Biyani. Meanwhile, it looks like Anglo-Dutch consumer company Unilever is about to beat rival bidder Nestlé for GlaxoSmithKline's USD 4 billion Indian nutrition business, which includes malt drink Horlicks.



Sales contemplations ▪ South Korea's Lotte group is exploring the sale of two financial services units as it transitions to a holding-company structure. Meanwhile, Hong Kong-listed French skincare retailer L'Occitane en Provence is purportedly considering a bid from US private equity firm Advent International.


ADVERTISEMENT
ISM 2019, 27.-30 Januray: Renowned exhibitors and many innovations
From chocolate and confectionery, to biscuits, through to snack items: With its multifaceted range of offers ISM reflects the sweets and snacks market in all its facets. Not least thanks to its high degree of internationality in terms of both its exhibitors and visitors, the event confirms its leading role in the industry year for year.
Click here.

Restructuring operations ▪ Chinese powerhouse Alibaba is undergoing a reorganisation, with CEO Daniel Zhang naming a new president for its digital media and entertainment business. It is also establishing a new retail technology group and reshuffling its wholesale marketplace Tmall.




Europe


Strategic decisions ▪ Following a successful trial in Vietnam, Auchan is set to roll out blockchain traceability in selected product categories in collaboration with German start-up Te-Food. The retailer also revealed that it will bring its unmanned store concept, Auchan Minute (paywall), currently operated in China, to its homeland France.



Sparkling appearance ▪ Germany's Henkell Group has released the logo for its newly created Henkell Freixenet holding. The alliance between the German and Spanish winemakers will gain them access to new markets and distribution channels. Freixenet is one of the leading international sparkling wine brands.



Space problems ▪ Britain is running out of the warehousing facilities needed to stockpile goods before a possible no-deal Brexit. Amazon is being blamed for the shortage due to booking all the spaces. The online giant is also considering acquiring the stores Sainsbury's and Asda could be forced to give up in their proposed merger.




US & Canada


Canadian improvements ▪ Convenience store operator Alimentation Couche-Tard reported a 9.4% rise in quarterly profit, benefiting from selling more fuel. Meanwhile, the country's dairy processors will get significant control over imports under a new trade deal with Pacific countries that opens the sheltered industry to further competition.



Keeping afloat ▪ Sears has won court approval for an additional USD 350 million in critical bankruptcy financing that will keep the 125-year-old retailer operating through the holidays while it attempts to reorganise. The department store operator reached the deal with Cyrus Capital just before a court hearing began.



Thanksgiving results ▪ Supermarkets were among the top shopping destinations over the holiday weekend, which saw a jump in multichannel shopping, according to the National Retail Federation. However, the early openings are now increasingly hurting store sales not just on Black Friday but even on the weekend, say retail experts




Future thinking


Fighting pollution ▪ Mexican beer brand Corona is taking steps to reduce marine plastic pollution with the introduction of plastic-free six-pack rings. The eco-friendly packaging will be trialled in select markets and is part of the company’s commitment to being an industry leader in sustainable packaging solutions



Zero energy ▪ Longo Brothers Fruit Markets are regarded as Canada's first supermarket with net-zero energy consumption. The store will not only use less energy but also produce its own through renewable technologies. Click here for pictures.