Innovative store formats are eye-catchers and some stunning ones are included in today's issue. Check out M&Ms World Shanghai, which features a 'great wall of chocolate’, or Alibaba's Hema with a seafood restaurant in its middle. One of the most intriguing concepts, however, is the 'sail-through supermarket' in Dubai, anchored in the ocean. Shop Ahoy!




Friday, 07 December 2018





Hello ,

Innovative store formats are eye-catchers and some stunning ones are included in today's issue. Check out M&Ms World Shanghai, which features a 'great wall of chocolate’, or Alibaba's Hema with a seafood restaurant in its middle. One of the most intriguing concepts, however, is the 'sail-through supermarket' in Dubai, anchored in the ocean. Shop Ahoy!

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United States


Online pushes ▪ Walmart is set to add another digital brand to its portfolio with plans to acquire platform Art.com, and bolstering its home decor business. Meanwhile, drug chain operator Walgreens expands its alliance with FedEx to launch next-day delivery nationwide as Amazon threatens to shake-up the pharmacy sector.



Rescue bid ▪ Sears chairman Eddie Lampert is determined to keep the ailing department store chain alive. His hedge fund, ESL Investment, is offering USD 4.6 billion for about 500 stores and other assets. The Bankruptcy Court would have to approve the plan, which some creditors call "nothing more than wishful thinking".



Reporting results ▪ Supermarket major Kroger has seen mixed results in the latest quarter as the grocer's online expansion continues. Digital sales jumped 60% in the period. Neiman Marcus posted a third-quarter loss. The luxury retailer is burdened with USD 4.6 billion in debt, which will be due soon.




Europe


Collapsed case ▪ Two former Tesco executives accused of a fraud that triggered the biggest financial crisis in the retailer’s history have been cleared. The judge stated that the case was “so weak” it should not be before a jury. The verdict is regarded as a major blow to the UK Serious Fraud Office.



Checkout experiment ▪ Mediamarkt Saturn, a unit of Ceconomy, has announced plans to offer mobile self-checkouts at one of the world’s biggest electronics store in Hamburg. More than 100,000 products can be purchased through a corresponding app. The move follows a successful scan-and-go payment in Austria.



Danish initiative ▪ German discounter Lidl has joined forces with Blue Cross in Denmark to donate surplus food to the needy. The products will end up in hostels, institutions, and support services run by Blue Cross for the lonely and homeless as well as those affected by mental illnesses and addiction.




Middle East & Asia


Floating offer ▪ The world's first sail-through supermarket has been launched in Dubai. Majid Al Futtaim, the operator of Carrefour in the Middle East, has unveiled 'Bites and More by the Shore', an Aqua Pod that will serve customers on yachts and selected beaches, offering over 300 products.



Tantalising debuts ▪ Restaurant concept The Lobster Lab, operated by Bangkok-based Thai Union Group, has launched its first outlet in Shanghai, inside one of Alibaba’s Hema supermarkets. Recently renovated M&Ms World Shanghai has reopened. The interactive store features a 'great wall' of chocolate buttons.



Tech farming ▪ Chinese e-commerce heavyweight JD.com has opened a hydroponic vegetable factory in Beijing, seeking to tackle growing concerns about food safety. The indoor farm was built by Japan's Mitsubishi Chemical and is part of a strategic partnership between the two companies




Weekend inspirations


Discounters and deliveries ▪ Offering groceries online is an enterprise that discounters have been avoiding. Home deliveries are costly and contradict the self-service concept. LZ Retailytics looks at these challenges and solutions for low-price retailers such as teaming up with external providers.



Brands to watch ▪ An American brand-building consultant has named 26 retail and restaurant companies, where she will be keeping an eye on in the coming year. The list includes Amazon, Canada Goose, Hema, Lowe's, Walmart and Starbucks among others. Click here for the full list.