Environmental retail initiatives are bountiful in today’s edition. Starbucks and 7-Eleven are boasting success with their plastic reduction ventures in Asia, Ikea has invested in wind energy and grocer Albert Heijn supports local farmers. Get inspired!




Thursday, 14 February 2019





Hello ,

Environmental retail initiatives are bountiful in today’s edition. Starbucks and 7-Eleven are boasting success with their plastic reduction ventures in Asia, Ikea has invested in wind energy and grocer Albert Heijn supports local farmers. Get inspired!




United States


Disrupting the giant ▪ Amazon is facing competition from some new players in the e-commerce field. Verishop is a venture targeting millennial shoppers and aiming to make shopping a ‘fun’ experience again, while transport provider Ryder is set to unveil a new solution in e-commerce fulfilment. Amazon itself is reportedly in investment talks with electric pickup truck maker Rivian.



Political matters ▪ The CEOs of major American companies such as Walmart and Apple are serving on a White House advisory committee looking at the future impacts of artificial intelligence on the workplace. Meanwhile, the government shutdown which ended last month cost the US economy USD 11 billion, with many retailers, particularly eateries, taking a hit.


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Slow and steady ▪ Aldi and Lidl are making slow but consistent gains in the United States and the German discount giants should be viewed as legitimate competitors to conventional grocery stores, according to a new report by Bain & Company.




Europe


Teaming up ▪ A partnership has been approved between grocer Tesco and Germany’s Media-Markt for the latter to take over the electronics business in nine Hungarian Tesco stores. The move is an attempt by Tesco to strengthen its disappointing revenue in Central Europe.



Outside the box ▪ Ikea is investigating in a third-party e-commerce site that would see furniture offered not just from the flatpack giant but also their rivals. In environmental news, Ikea has bought a 25% share in one of Germany’s largest wind farms.



Inspiring launches ▪ Dutch grocer Albert Heijn has launched their ‘Jonge boer over de vloer’ scheme which supports young local famers by giving them shelf space at a store near their farm. In Italy, supermarket chain Esselunga has unveiled Chejoy, a new line of children’s products.




Asia & Australasia


Positive change ▪ The anti-plastic initiatives by Starbucks Korea and 7-Eleven Thailand have paid off with a 50% reduction in plastic straws and a reduction of 169 million plastic bags in the last two months respectively. Meanwhile, Australian supermarket major Woolworths is enforcing new rules to produce suppliers to eradicate worker exploitation in its supply chain.



Store expansion ▪ Japanese discount giant Don Quijote is venturing into Hong Kong with the opening of a 15,000 square foot store expected in July. Meanwhile, magazine major Vogue has unveiled its first wedding dress store in Tokyo. Check out the pictures here.




Unusual and remarkable


Psychology of the great ▪ Microsoft founder and renowned philanthropist Bill Gates has given several interviews affording audiences a glimpse into his mental processes. Check out this video where he explains how he remembers everything he reads and the nine things that have surprised him in the last year. They are indeed surprising!



Intriguing innovations ▪ Danish toy icon Lego is launching a clothing range for adults, and it’s only available for purchase through social media app Snapchat. Meanwhile, online brand Recess has launched its first store; a neon-pink lit space that sells hemp-infused drinks and is designed for consumers to feel like they are walking into Instagram.