Promising partnerships are featured in today's issue - McDonald's is about to seal a large deal with tech company Dynamic Yield. Coop Denmark buddies ups with an online market place, Australia's Coles has entered an agreement with Ocado to shake up its e-commerce offering, and Lidl continues to support football in Italy. Enjoy the read!




Tuesday, 26 March 2019





Hello ,

Promising partnerships are featured in today's issue - McDonald's is about to seal a large deal with tech company Dynamic Yield. Coop Denmark buddies ups with an online market place, Australia's Coles has entered an agreement with Ocado to shake up its e-commerce offering, and Lidl continues to support football in Italy. Enjoy the read!




US & Canada


Tech acquisition ▪ McDonald’s is going to buy Israel-based company Dynamic Yield, which is specialised in personalization technology. The announcement is regarded as the fast-food giant's biggest deal in 20 years, valued around USD 300 million, and will help push its US locations into the digital age.



All eyes on Apple ▪ The tech giant has introduced a credit card in partnership with Goldman Sachs and Mastercard. The Apple Card will work with the Wallet app, which will reach 10 billion transactions this year according to CEO Tim Cook. Click here for questions and answers about the card.



Department store moves ▪ Luxury retailer Neiman Marcus has reached an agreement with a majority of its lenders to extend the maturities of its debt to help the company turn around its business. Meanwhile, Saks Off Fifth, a unit of Canada's Hudson's Bay, launched a private-label beauty collection dubbed "Fifth City".




Europe


Joining forces ▪ Danish supermarket chain Coop Denmark and online marketplace Råhandel have teamed up. The collaboration, which aims to support local producers to reach stores more efficiently, will be trialled in seven stores, before a roll-out across Denmark.



Re-branding measures ▪ AB InBev has changed its name in the UK to Budweiser Brewing group and announced the opening of a new London headquarter. British wine retailer Majestic Wine will drop the name Majestic from its logo and close a number of stores to focus on its online business and international growth.



Costly mistake ▪ Britain's Co-op is facing costs of GBP 1.3 million and has been ordered to improve its governance after it was found out that the retailer has breached the Groceries Supply Code of Practice. The company failed to provide reasonable notice to suppliers for de-listing products.



Proud sports supporter ▪ Discounter Lidl has renewed its partnership with the Italian Football Federation and has been named 'official fruit and vegetable supplier' to the Italian national team. Lidl Italia recently announced a wide-ranging advertising campaign, focused on freshness and quality.




Asia & Australia


Online overhaul ▪ Australian supermarket major Coles has entered an agreement with British online grocer Ocado to double its home delivery capacity. The retailer will spend up to AUD 150 million to open automated fulfilment centres, including fees paid to Ocado.



Overseas expansion ▪ Singapore-based soy-milk retailer Mr Bean has entered into a franchise agreement with Vietnamese partner EGroup to roll out 200 stores in Vietnam within the next 10 years. The first outlets have been opened in Hanoi and Ho Chi Minh City.




Image Gallery


Digital experience ▪ Swiss grocer Coop has opened a new shop format in Lausanne, based on its recipe platform 'Fooby'. The 1,000 square meter store focuses on craftsmanship, freshness and convenience. Click here to see how the Internet world can be experienced in the store.



From farm to fork ▪ US online grocer FreshDirect is in expansion mood. Its new headquarter in Queens, N.Y., will enhance the ability to serve new markets via its different banners. A state-of-the-art campus with an eco-friendly design has robotic pick towers and nine miles of conveyor belts. Click here for a slide show.