There is innovation aplenty in today’s edition. Amazon’s automation game is going from strength to strength with the acquisition of another robotics start-up. Macy’s and Ikea have some impressive new store formats to check out, and US shopping app Dote introduces live-streamed shopping parties. Get inspired and don’t forget to share.




Thursday, 11 April 2019





Hello ,

There is innovation aplenty in today’s edition. Amazon’s automation game is going from strength to strength with the acquisition of another robotics start-up. Macy’s and Ikea have some impressive new store formats to check out, and US shopping app Dote introduces live-streamed shopping parties. Get inspired and don’t forget to share.

ADVERTISEMENT
Banner





Europe


Pull-out ▪ One of the investors interested in bying the Real hypermarket chain has dropped out of the auction, Lebensmittel Zeitung reports (paywall, in German). The consortium comprising ECE, Morgan Stanley and Redos is no longer in the running, while retail property investor X+Bricks remains interested.



Reporting results ▪ Leading UK grocer Tesco has surprised analysts with a better-than-expected 34% rise in full year profit, which is being attributed to CEO Dave Lewis’ turnaround plan. Meanwhile, online retail major Asos has seen its half-year profits plunge by 84%, largely due to ‘temporary transaction costs’ from its US expansion.



Food initiatives ▪ Carrefour Belgium is aiming for transparency in its meat supply chain and is teaming up with pork supplier Westvers to improve traceability. Coop Switzerland has launched a vegan-friendly yogurt made from almonds, and Germany’s Rewe is swapping plastic straws for steel ones.



Digital decisions ▪ Cosmetics chain Lush is set to close all its social media accounts following frustration at having to pay to appear in consumer newsfeeds. Meanwhile, shopping app Dote is unveiling a live shopping platform which will allow influencers to host events in real time, and Lidl Portugal has unveiled a new mobile payment method.




United States


Purchase and payment ▪ Amazon has acquired Colorado-based Canvas Technology, a robotics start-up that has manufactured automated shopping carts to move products around warehouses. Meanwhile, Amazon Go has backtracked on its entirely cashless operation and will start accepting cash payments in the future.



Sustainable practice ▪ Walmart is going green with moves to offer reusable bags for sale across its stores. The campaign will be rolled out next month with customers able to find bags in high traffic parts of the stores.



Controversial marketing ▪ Outdoor clothing specialist Patagonia is suing Budweiser’s parent company, Anheuser-Busch InBev, for marketing a beer that uses its name and similar branding. Meanwhile, Burger King’s New Zealand ad campaign, featuring western customers attempting to eat a Vietnamese-inspired burger with chopsticks has been pulled following outcries that the fast food company was mocking Asian customs.




Australasia


Leading the way ▪ Woolworths is set to become the first supermarket in the world to issue Certified Green Bonds, allowing investors to support environmental projects. Meanwhile, analysts are predicting the Australian supermarket giant is well-placed to take on German retailer Kaufland when it arrives in the country.



Ethical sourcing ▪ Australia’s Ethical Fashion Report has been released and puts retailers Cotton On, Country Road and Kookai as leaders in avoiding exploitative garment production. The country introduced the Modern Slavery Act this year which is thought to have improved supply chain trackability.




Store spaces


Offering experience ▪ Macy’s is upping its experiential shopping game with the launch of ‘Story’ concepts to 36 of its stores. Every few months a new theme will be introduced and feature updated colour schemes, mechandise, collaborations and narrative-driven marketing. Check out the details of this innovative approach here.



Image gallery ▪ Ikea’s first ever down-sized, urban format is set to open in New York. The three-level store has been labelled a ‘planning studio’ with personalised design services available and all items purchased online. Check out the pictures here.