Online competitors are making moves today. Amazon purchases a home wifi company, while JD.com secures a new venue and Alibaba develops its cloud service. Meanwhile, German giant Metro is navigating rocky water, and Walmart's same-day delivery pilot is at an end. Read, share, and enjoy.




Wednesday, 13 February 2019





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Online competitors are making moves today. Amazon purchases a home wifi company, while JD.com secures a new venue and Alibaba develops its cloud service. Meanwhile, German giant Metro is navigating rocky water, and Walmart's same-day delivery pilot is at an end. Read, share, and enjoy.




Europe


Ups and downs ▪ German wholesale giant, Metro AG, has seen slackening sales on its home turf. However, better results were seen for Western Europe. The sale of its line of Real hypermarkets, which have been running at a loss, is making progress.



New cooperative ▪ British consumer group, the Co-op, is set to go with franchise stores for the first time in its history. The retailer has plans for around 100 store openings this year and will be making its licence available to independent businesses.



Facts and figures ▪ German discount giant, Lidl, is seeing the cost of international expansion, with its lowest margin levels in recent years (paywall). Struggling UK retailer Debenhams has been given a temporary boost, with a GBP 40 million cash injection.



Dutch partnership ▪ Familiar name retailers, Albert Heijn and Hema, are joining up to try out the 'supermarket within a store' idea. Two Hema outlets will be restructured to incorporate Albert Heijn supermarkets. The pilot store locations are yet to be announced.




United States


Partnership end ▪ Walmart and Deliv are ending their same-day delivery partnership after the Google-backed logistic firm served the retail giant with a termination notice. Parties close to the scene called out Walmart operations and long driver wait times as problem areas.



Amazon update ▪ The online leader has added another smart-home egg to its basket with wifi business, Eero. The purchase could prove critical to the development of Alexa. Meanwhile, the mayor of New York City has highlighted the necessity of the e-retailer's new HQ, after signs the retailer may reconsider the move.



Bankrupt no more ▪ Retail conglomerate Sears will be able to return to business, following its successful purchase by chairman Eddie Lampert. The deal cost around USD 5.2 billion. The business will retain the management team it put together after Lampert's initial step-down as CEO.




Asia


E-commerce moves ▪ E-retailer JD.com has purchased a Beijing hotel, close to the city's technology centre, for USD 400 million. The premises are destined to become a new innovation and recruitment location. Meanwhile, online giant Alibaba's cloud services are now supported by Verizon in the Asia Pacific region.



Asia-Pacific success ▪ Coffee staple Starbucks is looking good in Malaysia after a healthy response to its first Reserve concept store in the country. The franchise plans to open several more Malaysian Reserve stores per year.




Weird and Wonderful


Funky make-up ▪ Former Victoria's Secret president, Peter Horvath along with property corporation Simon Malls, is bringing the new market of cannabis-based retail into the beauty and self-care world. A new line of stores stocking CBD beauty products is set to open in malls across the US, with the first set for the spring.



Romantic expenses ▪ For a holiday traditionally steeped in less expensive gifts like roses and chocolates, Valentine's day retailers are doing their best to ramp up the potential cost of the season. Check out these seven surprising (and pricey) proposed gift ideas.