Partnerships are being made and tested today, with Aldi signing up with a German fitness celebrity, and the final word about to be given on the Sainsbury's-Asda merger. Meanwhile, Carrefour has revealed its latest results, Australia's Woolworths helps out suppliers, and drugstore giant Walgreens responds to youth tobacco use. Enjoy the read!




Thursday, 25 April 2019





Hello ,

Partnerships are being made and tested today, with Aldi signing up with a German fitness celebrity, and the final word about to be given on the Sainsbury's-Asda merger. Meanwhile, Carrefour has revealed its latest results, Australia's Woolworths helps out suppliers, and drugstore giant Walgreens responds to youth tobacco use. Enjoy the read!




Europe


Alliance in jeopardy ▪ The UK's competition regulator will draw the final line on the Sainsbury's-Asda grocery merger on Thursday, with the prospect of a deal looking unlikely. Sainsbury's has seen shares fall by 19% over the last three months, with the competition regulator's February report stating the deal should be blocked or require extensive asset sales.



Reporting results ▪ French multinational Carrefour has seen accelerated first quarter profit bolstered by a strong Brazil presence and improvements in France. Elsewhere in Europe, Spain, Italy and Belgium the retailer's performance remained in negative territory.



Getting sporty ▪ The German discounter has entered a second partnership with fitness influencer Sophia Thiel, and will be launching a joint range of sports clothing. The line will be exclusive to Aldi Nord and Aldi Süd locations throughout Germany, and will feature patterned leggings, bikinis and flip flops among other items.




United States


Amazon update ▪ The e-commerce giant is purported to be looking into developing its pharmacy business, reportedly emailing customers to promote its medication service PillPack. A two-year programme has piloted in New York that will enable food stamp recipients to order online from Amazon and other retailers.



Beefing up ▪ Retail leader Walmart is cutting out meat processors for the beef sold in some of its stores, as it looks to improve the quality of its products. The retailer will be able to control its beef supply chain, and will be sourcing products from Bob McClaren of Prime Pursuits and 44 Farms.



Responsible policies ▪ Under a new policy pharmaceutical conglomerate Walgreens Boots Alliance will be limiting the sale of tobacco products to customers over the age of 21. The move comes as the use of tobacco and related products among teenagers rises.




Australasia


Smart supplies ▪ Australian supermarket leader Woolworths has deployed a mobile app, Compass, that will provide suppliers with information on the overall daily sales of items. Via Compass suppliers will be able to remain updated on and potentially solve sales issues.



E-commerce plans ▪ Online trading platform Ebay is gearing up to invest USD 160 - 170 million in Indian e-retail business Paytm Mall as it looks to explore an offline-to-online commerce and payments strategy in India. It is not the US company’s first foray into the country.



Real estate manoeuvres ▪ Philippine property developer SM Prime is putting USD 1.53 billion into a new series of holdings including four malls, and mixed use spaces. In a USD 383 million move Singapore's Chinatown Point Mall has been sold to new owners.




Weird and wonderful


Ethical grain ▪ Family favourite cereal brand Kellogg's Corn Flakes has revealed they will now be using responsible sources for the corn in Europe. The corn will be produced to meet standards based on environmental, social and governance factors.



Beauty lab ▪ Start-up Lululab has unveiled an unmanned virtual retail space in Dubai Mall. The 'AI Beauty Store' offers shoppers the opportunity to receive an analysis of their skin by taking a single selfie with a multispectral camera and recommends products for their needs.