Thanks to the growing popularity of plant-based meat alternatives, vegan food company Beyond Meat has made a stunning debut on the stock exchange. Burger King is taking on McDonald's with 'real meals' and some interesting trends are shaping up when it comes to feeding pets. Enjoy our food-inspired bulletin and have a great weekend!




Friday, 03 May 2019





Hello ,

Thanks to the growing popularity of plant-based meat alternatives, vegan food company Beyond Meat has made a stunning debut on the stock exchange. Burger King is taking on McDonald's with 'real meals' and some interesting trends are shaping up when it comes to feeding pets. Enjoy our food-inspired bulletin and have a great weekend!

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US & Canada


Workplace experiments ▪ Walmart is testing out a new comprehensive framework for how its stores operate, giving some store employees more responsibilities and pay. The retailer's launch of an intelligent retail lab last week has prompted some insiders to ponder how it will affect the industry.



Future investments ▪ Canadian retail major Loblaw, who enjoyed solid quarter results, has pledged to retain a future-ready workforce amid tech changes. Meanwhile, Staples has partnered with FedEx to offer the service of the courier at all its locations in Canada



Sizzling debut ▪ Beyond Meat, the maker of vegan beef substitutes has made a stunning market entrance on the US stock exchange, valued at USD 3.8 billion. Shares of the veggie firm rose more than 160% as investors look to cash in on the growing popularity of plant-based meat alternatives.




Europe & Middle East


Rebranding measures ▪ Two years after it has acquired UAE-based Souq.com, Amazon has changed the name of its Middle Eastern marketplace to Amazon.ae, marking its official launch in the region. Users can opt for the Arabic language. Speculation is rife whether Saudi Arabia will be the next target.



Fashion success ▪ German-based online pure play Zalando has enjoyed bumper sales of EUR 1.4 billion in the first quarter, up 15.2% from the year before. Its customer base has increased by 14.1%. In the UK, Poundland plans to extend its Pep&Co clothing range to over 500 stores nationwide as it ramps up its competition with Primark.



On the lookout ▪ Switzerland-based Coca-Cola HBC, the third largest bottler of the US soft drink giant, has reported solid first-quarter results, thanks to strong demand in emerging markets. On the back of this, the company said that it was looking for acquisition opportunities to expand its business.



Deal sealed ▪ Private equity company Severgroup, owned by steel tycoon Alexei Mordashov, has reportedly completed the acquisition of 41.9% of Russian retailer Lenta and is expected to make a binding buyout offer to minority shareholders. Earlier, competitor Magnit has dropped its bidding plans.




Asia & Australia


Joining forces ▪ French cosmetics giant L’Oréal has announced a partnership with e-commerce major Lazada, which is majority-owned by Alibaba, in Southeast Asia. The agreement allows the beauty company to offer next-day delivery to metro cities using the e-tailer's logistics network.



Store ideas ▪ German luxury accessories brand MCM Japan has introduced its largest flagship yet in Tokyo's tourist district. It covers a space of 2,880 square metres. In Australia, Ikea is set to open a small Sydney studio store with the focus on planning kitchens. Meatballs are not on offer.




Food for thought


Unhappy meals ▪ Burger King is taking on rival McDonald's with the introduction of a range of boxed deals it's calling 'Real Meals' to celebrate "being yourself and feeling however you want to feel." The initiative is intended to raise awareness for Mental Health Month.



Animal care ▪ Pet owners are increasingly feeding their pets the same ways that they’re feeding themselves, according to a Nielsen report. Australian brand Gelatissomo is on top of this trend with the launch of a dog-friendly gelato, Pawesome Peanut Butter, which is also suited for vegans. What more could we want?