E-payment takes off this week, with Alipay getting comfy in Europe, and Brazil developing its own service. Carrefour checks up on its meat production, Sears has another chance, and Starbucks gets non-physical in China. Meanwhile, Tesco's toughens up on diet. Read on and have a great day!




Thursday, 17 January 2019





Hello ,

E-payment takes off this week, with Alipay getting comfy in Europe, and Brazil developing its own service. Carrefour checks up on its meat production, Sears has another chance, and Starbucks gets non-physical in China. Meanwhile, Tesco's toughens up on diet. Read on and have a great day!




The Americas


Staying alive ▪ Struggling department chain Sears is set to stay open. 400 stores and several thousand jobs could be saved from the brink of collapse after the company's chairman Eddie Lampert won USD 5 billion bankruptcy auction. The company's future, however, is still far from certain.



High-tech location ▪ This July will see the arrival of Walmart's first high-tech consolidation centre in Colton, California. The centre will feature automated technology, increasing the amount of orders the location can sort and ship. An initial staff of 150 is planned, increasing to 600 by 2021.



Fizzy flavour ▪ Soft drink giant Coca-Cola has rolled out a new line of sparkling beverages in the US. The drinks, labelled Bar Nøne, feature flavours from Spiced Ginger Mule to Dry Aged Cider. The line is aimed to appeal to beer and wine drinkers.



Payment developments ▪ US fin tech firm Kabbage is now supporting financing program 'Pay Later'. The service is available to US users through Alibaba. Brazilian sugar cane tycoon Rubens Ometto plans to get in on the e-payment boom with the country's version of online service Alipay.




Europe


Meat works ▪ French multinational Carrefour is set to survey the abattoirs supplying its meat. They also intend to install surveillance at locations. 84 audits will take place over 2019. Meanwhile, Russia's Cherkizovo Group has received a EUR 0.2 million loan to upgrade its pork industry.



Euro trip ▪ The Europe leg of Alipay is ready to settle down in Luxembourg. The Chinese payment service has received permission for online payments from the country's finance minister. The move, planned since 2014, will give Alipay Europe the EU passport it needs to operate within the union.


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Asia


Off and on ▪ Walmart China is on the move to advance online/offline integration, with USD 103.7 million set to be invested in a food distribution warehouse. Japanese convenience chain Family Mart is entering Alibaba and Apple's arena, with an app-based payment service.



E-commerce goals ▪ Japanese e-commerce giant Rakuten is furthering its horizons, partnering with Waterland Financial Holdings Co. to set up a banking service in Taiwan. Rakuten is also preparing for two major sports arenas to go cashless.



Future coffee ▪ On the same day as a physical store opened in the US, a virtual Starbucks flagship emerged in China. The coffee franchise's non-physical outlet sports digital doors, and access via Starbuck's China app, and an Alibaba app.




Food trends


Fibre optimal ▪ British grocer Tesco is upping the fibre in several sections of its private label produce. The move comes in a bid to bring the franchise's products in line with British guidelines on dietary intake. The 2015 guidelines suggest consumers need to almost double their current fibre intake.



Fast and tasty ▪ A bread factory in San Francisco is making bread at break-neck pace, but without an eye-watering list of unpronounceable ingredients. Nicolas Bernadi's bread has found its way onto Costco shelves, but still manages to boast a down to earth, simple list of ingredients--and tastes all the better for it (video included).