The competition is fierce in today’s edition. Industry reports in Britain reveal a shake-up of the top four biggest supermarkets, with Aldi making serious gains. Microsoft is reportedly looking to develop an e-commerce platform to rival Shopify and the US Federal Trade Commission has stepped in to the marketing debate between mined diamonds and synthetic stones. Enjoy the read!




Wednesday, 03 April 2019





Hello ,

The competition is fierce in today’s edition. Industry reports in Britain reveal a shake-up of the top four biggest supermarkets, with Aldi making serious gains. Microsoft is reportedly looking to develop an e-commerce platform to rival Shopify and the US Federal Trade Commission has stepped in to the marketing debate between mined diamonds and synthetic stones. Enjoy the read!

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United States


Taking on Amazon ▪ Walmart and Google have teamed up to allow consumers to place online Walmart orders through any device that uses Google Assistant. Meanwhile, Amazon is reportedly prepared to do whatever it takes to undercut America’s largest grocery retailer. In Israel, Walmart’s Flipkart is setting up an R&D centre in Tel Aviv with a focus on cybersecurity.



Future thinking ▪ Speculation is rife that tech giant Microsoft is contemplating a new e-commerce platform similar to Shopify that supports online sales by bigger retailers. Meanwhile, in a momentous milestone, online shopping has taken over brick and mortar retail for the first time in US history.


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Missed estimates ▪ Walgreens Boots Alliance’s shares have taken a 12% tumble due to the revenue report that highlighted an earnings shortfall and a lowered forecast for 2019. The pharmacy chain is now expecting full year earnings to be ‘flat’ compared to earlier predictions of 7-12% growth.




Europe & Africa


Money matters ▪ Germany’s Metro has confirmed it is still in discussions with potential financiers keen on purchasing its chain of Real hypermarkets. Investors Gruppe and X+Bricks are reported to have made estimated offers of EUR 900 million.



Shake-up in Russia ▪ Steel tycoon Alexei Mordashov is set to buy a 42% stake in Lenta, the country’s third-largest grocery retailer with a 3.2% market share. Mordashov, who is Russia's second richest businessman, will pay USD 729 million through his investment fund. The deal is subject to regulator's approval.



The results are in ▪ Asda has leapfrogged Sainsbury’s to take the spot as Britain’s second biggest supermarket group by market share. Aldi enjoyed a 10.6% surge in annual sales, meaning the discounter is now only 2.3 percentage points from usurping Morrison’s position and achieving Big 4 prominence.



Going public ▪ Africa’s biggest e-commerce platform Jumia is set to launch its initial public offering on the NYSE this month. Shares will likely be priced between USD 13-16, with 13.5 million shares for purchase.




Asia & Australasia


Raising capital ▪ Indian online grocer BigBasket has raised USD 150 million in investment capital from a diverse range of investors including Alibaba, CDC Group and Mirae Asset Management. The e-tailer intends to bring in USD 2.5 billion in revenue by 2020.



Eco alliance ▪ Australia’s National Retail Association and opposition Labour Party are joint in their agreement on a nationwide single-use plastic bag ban proposal. Meanwhile, a Danish environmental report has found that while plastic bags are devastating to the marine world, they make far less of an environmental impact to produce than the cotton tote-bag alternatives.




Food for thought


Beyond meat ▪ Meat-free burgers are taking the world by storm as consumers savvy-up to the ethical and environmental impacts of producing red meat. Burger King has teamed up with Impossible Foods to create a vegan Whopper and Nestlé also has plans to release a range of plant-based burgers.



Synthetic gems ▪ American jewellers have been given a shake-up that they must be clearer and more direct in their advertising about whether diamonds are from mines or created in labs. The move has been welcomed by jewellery giant De Beers who had lobbied for the creation of ‘distinct product categories’.