Walmart gives a first look of how it will attract the 'next generation of talent', Amazon unveils details of its second headquarter, and a comprehensive report gives an insight how Aldi is reshaping the industry in the US, while competitor Lidl is racing to grow its American store network. Exciting times. Have a great start to the week.




Monday, 20 May 2019





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Walmart gives a first look of how it will attract the 'next generation of talent', Amazon unveils details of its second headquarter, and a comprehensive report gives an insight how Aldi is reshaping the industry in the US, while competitor Lidl is racing to grow its American store network. Exciting times. Have a great start to the week.




US & Canada


Footprint extension ▪ Lidl is committed to long-term growth in the US and announced plans to open 25 new stores on the East Coast at the beginning of 2020. By the end of next year, the German discounter expects to have more than 100 US stores, with locations in nine states.



More expansion plans ▪ Despite searching for a new CEO and the loss of another key leader, organic grocer Sprouts is set to continue its rapid growth and targets 28 new locations for 2019. Eight stores were opened in the first quarter and, so far, one of eight planned for the second quarter.



Train delivery ▪ Canadian retailer Loblaw is trialling an express pick up at a number of subway stations in Toronto in collaboration with the local Transit Commission. Commuters can buy groceries online and then collect their order from the stations on their way home the same evening.




Europe & Africa


Meal deals ▪ British sandwich chain Pret a Manger, owned by investment company JAB Holdings, is in talks to acquire rival Eats to expand its vegetarian operation. Staying in the UK, the Co-op has teamed up with Superdrug to supply the health and beauty chain with a food-to-go range.



Agreement reached ▪ Russian tycoon Mikhail Fridman’s investment company LetterOne has won control of Spanish retailer Dia but has not yet secured support from all of the group’s creditors. The loss-making chain was at risk to declare insolvency.



E-commerce in Zimbabwe ▪ International retailer Spar has announced the launch of an online shop in Zimbabwe and will be the first major supermarket in the Southern African country to offer such a service. The majority of the population has no or only limited access to the internet.




Asia


Indian ventures ▪ Kolkata-headquartered retailer Spencer’s will buy upmarket grocery chain Nature’s Basket. The deal will give Spencer’s access to the western part of India. With its arrival in Kochi last week, online grocer BigBasket, backed by China's Alibaba, is now present in 26 cities across the country.



Business on offer ▪ After having denied speculations about a possible sale last week, Carrefour is now reportedly exploring to sell a minority stake in its loss-making business in China, which is valued at around USD 1 billion. The French multinational is working with BNP Paribas on the deal.



Vietnam debut ▪ British fashion chain Missguided bets on international expansion while downsizing in the UK. Following the closure of its flagship in Westfield Stratford City, the retailer has opened its first store in Vietnam at the Saigon Centre Mall in Ho Chi Minh City.




Insider Insights


First impressions ▪ Walmart wants to attract the 'the next generation of talent' with a new corporate campus (video) that the world's largest retailer is going to build in its hometown Bentonville. Meanwhile, Amazon has revealed details of its second headquarter.



No-frills efficiency ▪ Aldi US has more than 1,800 stores in 35 states and is on track to become America's third largest grocery chain. Read here an in-depth report (video included) on how the German discount superstar is growing on the other side of the Atlantic, and reshaping the industry along the way.