Partnerships and purchases are in the air, with Walmart trialling a new FedEx robot, and Amazon looking to South Korea's booming online game industry. The merger between Marks & Spencer and Ocado has been confirmed, and JD.com hires big. Meanwhile, several chains make humanitarian strides. Read on, and have a great day!




Thursday, 28 February 2019





Hello ,

Partnerships and purchases are in the air, with Walmart trialling a new FedEx robot, and Amazon looking to South Korea's booming online game industry. The merger between Marks & Spencer and Ocado has been confirmed, and JD.com hires big. Meanwhile, several chains make humanitarian strides. Read on, and have a great day!

ADVERTISEMENT
Banner





Europe


On course ▪ Ahold Delhaize has nominated industry veterans Katie Doyle and Peter Agnefjäll for its supervisory board. In the US, the Dutch-Belgian international retail giant is on track to hit a target of 20% online growth, with its automated centres on the East Coast.



Highs and lows ▪ Swedish cigarette packager AR Packaging could see itself valued at EUR 700 to 800 million with a listing in the works from private equity firm CVC. Meanwhile, British luxury clothing line Ted Baker saw its shares drop nearly 20% after revealing it will miss forecasts.


ADVERTISEMENT

C-star 2019: Your meeting point all about Retail

C-star 2019 will take place in Shanghai New International Expo center again from April 25-27, 2019. As the most professional and international retail trade show in China, it provids a one-stop purchase and communication platform for industry professionals to explore the cutting-edge retail design concept and smart retail technology solutions.

Are you ready to get the free ticket?
 


Supermarket progress ▪ The merger between department chain Marks & Spencer, and online grocer Ocado, has been confirmed for GBP 750 million. Meanwhile, discounter Aldi will be opening a second store in Cheltenham, creating 1,000 jobs.




United States


Delivery action ▪ Delivery major FedEx is teaming up with supermarket giant Walmart, among others such as Pizza Hut, to trial robotized end-of-journey deliveries. The project features last-mile trips with robots the size of pedal cars, and is looking to be approved for wider distribution.



Bidding competition ▪ Amazon, along with others, is making a bid to purchase South Korea's biggest video game company, Nexon. In its home country, the online major is facing its first case against illegitimate paid reviews on its platforms by the Federal Trade Commission.




Asia


Coffee time! ▪ Cafe giant Starbucks is opening its largest store ever in Tokyo (pictures inside). The 32,000 square foot roastery will open this week, and will feature novelty teas and coffees, as well as other unique attractions. A further such roastery is in the works for Chicago.



Ali update ▪ AlipayHK, the Hong Kong branch of payment service Alipay, is going to be available in mainland China and Japan, in certain cities. Meanwhile parent company, online massive Alibaba, is supporting female coders under the banner Tech for Change, intending to aid 1 million women by 2030.



Hiring up ▪ Despite revealing it will be cutting 10% of its high-up staff, e-retailer JD.com is now planning to hire 15,000 new staff members. The majority of recruits will be in delivery and lower management roles. The company currently employs around 170,000 people full-time.



Positive growth ▪ Chains are looking good in Malaysia, with convenience franchise 7-Eleven predicting stronger growth for this year. Eatery Kedai Ayamas is also going strong in the country, planning for 100 stores over the next four years.




Ethical Action


Recognising success ▪ For the third year running, apparel and footwear company VF Corporation has received recognition for being one of the most ethical companies worldwide. Meanwhile, department chain Selfridges has moved to axe exotic skins such as alligator pelts from its shelves.



Disability matters ▪ Despite a recent sales slump, department chain John Lewis has received acclaim in another area. The retailer has been heralded for its inclusive hiring practices, being named a 'Disablity Confident Leader', after consistent focus on recruiting and awareness.