Retail developments around the globe are inspiring, as Swedish fashion tries out a new style, and Carrefour enhances its presence in the Middle East. Also, in a much anticipated move, Ikea confirms it will finally be setting up shop in New Zealand. Meanwhile, British Budweiser is getting some time in the sun. Enjoy the read!




Thursday, 20 December 2018





Hello ,

Retail developments around the globe are inspiring, as Swedish fashion tries out a new style, and Carrefour enhances its presence in the Middle East. Also, in a much anticipated move, Ikea confirms it will finally be setting up shop in New Zealand. Meanwhile, British Budweiser is getting some time in the sun. Enjoy the read!

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Europe and the Middle East


Future fashion ▪ Swedish fashion house H&M is rolling out a new line of clothing, this time a specifically unisex series. The selection is being produced alongside fellow Swedish clothing label Eytys, and will be available in both online and physical stores from January next year.



Eastern expansion ▪ Majid al Futtaim, the Middle Eastern partner of French multinational Carrefour, has joined hands with online shopping service Basket.jo. This will expand Carrefour's online presence across Jordan, and will create a wider range of shopping options for customers.



Digital footprint ▪ In a first for the nation, Portuguese food retailer Continente has implemented e-receipts for customers after a trial period. Britain is on the verge of becoming a cashless society, raising fears over the transition to digital-only payment.



Executive moves ▪ British clothing line Superdry has seen a massive share drop after second profit warning, prompting co-founder Julian Dunkerton to say his return is needed. Meanwhile, former Lidl CEO Karl-Heinz Holland, and Sergio Antonio Ferreira Dias have left the board of Spanish retailer DIA.




Asia and Australasia


Ikea at last ▪ In a long awaited move, Swedish flat-pack retailer Ikea will be opening its first ever store in New Zealand. The expansion will be conducted by the chain's main holdings arm, Ingka Group. The store is planned for Auckland, with large sections of land being considered.



Traffic solutions ▪ Chinese online giant Tencent is making parking a smoother experience with its payment app WeChat, rolling out automated payment to carparks. Meanwhile, Japanese retailer Aeon has partnered with Indonesian ride-hailing startup Go-Jek, as ride services help deliveries in South East Asia.



Entertainment struggles ▪ The branch of UK retailer HMV operating in Hong Kong is set to be liquidated. All stores have been closed, and the business is estimated to have accrued USD 40 million in debt. The chain's chairman has noted that the market for CD and DVD sales has largely died in the face of streaming services.




USA and Canada


Beer moves ▪ In a USD 100 million move, brewing giant AB InBev is partnering up with Canadian cannabis manufacturer Tilray Inc, to get a head-start on drinks. The two businesses are investing into the potential for cannabinoid, non-alcoholic beverages.



Online service ▪ Supermarket giant Walmart could be looking at a whole new level of direct service. The CEO of the chain's online business has outlined ideas of a system that would involve Walmart employees unloading fresh produce straight into customer's fridges.




Sustaining and supporting


Sunny brewing ▪ The iconic Budweiser brand of beer will be brewed via solar power in Britain starting in 2020. International brewing company AB InBev and European solar power leader Lightsource BP have signed a 15 year deal that will see all British Budweiser use sun energy.



Supermarket support ▪ German discounter Aldi is bringing some extra cheer--and trees--to teen cancer aid. The supermarket has donated a range of decorations, including Christmas trees, to help create a festive time for people having to stay inpatient over the holiday season.