Online mega-retailer Amazon is deepening its partnership with Casino in France and Kohl's in the US. Carrefour has signed an agreement in Belgium, and China's JD.com teams up with Kiwi horticultural firms. Some industry heavyweights have posted results, and others announced strategy changes. Get informed and enjoy the read!




Wednesday, 24 April 2019





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Online mega-retailer Amazon is deepening its partnership with Casino in France and Kohl's in the US. Carrefour has signed an agreement in Belgium, and China's JD.com teams up with Kiwi horticultural firms. Some industry heavyweights have posted results, and others announced strategy changes. Get informed and enjoy the read!




Europe


Closer relationships ▪ Amazon expands its alliance with Casino, installing pick-up lockers in the French retailer's stores and offering more Casino products on its website. Across the Atlantic, department store operator Kohl's is deepening its ties with the online giant by going nationwide with its return policy.



Portfolio extension ▪ Unilever has acquired Olly Nutrition, a San Francisco-based supplements business which produces vitamins, minerals, protein powders and snack bars. The Anglo-Dutch consumer giant says that the US brand will complement its personal care and food & refreshment units.



Selling assets ▪ Supermarket major Sainsbury's and its joint venture partner British Land have sold 12 superstore properties to US-based Realty Income for GBP 429 million. Meanwhile, wine merchant Majestic Wine considers the sale of 200 of its branches in the UK as it shifts focus to its booming online business.



Fresh supply ▪ Belgian fruit and vegetable company Greenyard has signed an agreement with Carrefour, to supply the grocer with a year-round stream of produce. The move is part of Greenyard's strategy to become the vertically integrated partner and added-value service provider for Carrefour Belgium.




United States


Coke's ideas ▪ The soft drink giant is planning to offer Coke coffee in more than 25 markets around the world by the end of this year. The company has just released its latest quarterly numbers, strong demand for its zero-calorie drinks and new flavoured waters has pushed sales and profits well above the estimates.



More results ▪ Procter & Gamble's quarterly revenue beat estimates. The consumer goods company posted a 5% rise in organic sales. Paper products major Kimberly-Clark reported an increase of 3% in this category, and online marketplace eBay is keeping investors at bay with a solid first quarter.



Strike impact ▪ Ahold Delhaize has issued updated guidance for its Stop & Shop stores in New England, which experienced an 11-day strike ending last Sunday. The retailer estimated a one-off impact of USD 90 to 110 million on the banner's 2019 underlying operating profit.




Asia & Australasia


Recruiting process ▪ Kaufland, which is preparing its launch into the Australian market, has hired former Myer CEO Richard Umbers, who also had senior positions at Aldi and Woolworths. The German retail giant is currently looking for more candidates and offers training in Germany.



Offline moves ▪ JD.com has paid USD 190 million for a 46% stake in electronics retailer Five Star, which operates 220 stores across China. The Alibaba rival has also partnered with New Zealand firms Zespri and apple grower Rockit to offer their first harvests on its online platform.




Beverage bits


Brewing processes ▪ The craft beer market in Britain has slowed down in the past year with the number of breweries increasing by just eight versus 390 the year before. Meanwhile, Danish brewer Carlsberg has launched a new marketing campaign in the UK which leaves 'a funny aftertaste'.



Sparkling fizz ▪ New figures from the Wine and Spirits Trade Association show that the demand for sparkling wine is growing in the UK. Italian Prosecco remains the bestselling bubbly, followed by champagne. Britain's third favourite fizz is Spanish, predominantly Cava.