Chinese powerhouse Alibaba is determined not to miss the social video train in India, 7-Eleven raises the convenience bar with a store in Melbourne, while Decathlon goes cashierless in the Netherlands. Amazon is looking to purchase a wireless mobile company, and Microsoft has given a date for its London flagship. Enjoy the read, and have a great weekend!




Friday, 31 May 2019





Hello ,

Chinese powerhouse Alibaba is determined not to miss the social video train in India, 7-Eleven raises the convenience bar with a store in Melbourne, while Decathlon goes cashierless in the Netherlands. Amazon is looking to purchase a wireless mobile company, and Microsoft has given a date for its London flagship. Enjoy the read, and have a great weekend!




Europe


Strategic moves ▪ Sporting goods giant Decathlon is set to make all of its stores in the Netherlands cashierless, introducing a new scan-and-go app across the country. Meanwhile, Dutch online grocer Picnic is expanding in Germany, with a new market in Bochum, and is currently the only online supermarket there to offer free delivery.



British debut ▪ Microsoft has revealed it will be opening its new flagship store in London early July. The Oxford Street location is the software giant's physical debut in the country, and news of its arrival has been circulating since 2017. It will feature an interactive space to test out new Microsoft developments.



Teaming up ▪ Russian online marketplace Yandex.Market has partnered with JD.com, and will be selling merchandise from the Chinese e-tailer in its home country through its platform. It is hoped that the merger will increase Yandex's cross-border presence.




United States


Boosting communications ▪ Amazon is reportedly eyeing up the possibility of acquiring Boost Mobile, a wireless telecommunications company. Interest is centred around an attached wholesale deal that would give users access to Boost's parent company, T-Mobile's network services.



Urban developments ▪ Walmart Canada has just cut the ribbon on a 139,000 square foot location in Toronto in the debut of a new 'urban supercenter' format. The outlet features omnichannel and third-party stores and is specifically designed around urban consumers.



Dollar success ▪ Discount chain Dollar Tree has launched the trial of its previously announced multi-price program, as it looks into charging more than a dollar for certain items. Fellow variety store Dollar General is planning 975 new store openings following a strong financial start to the year.




Asia and Australasia


Video friendly ▪ Alibaba is honing its Indian video business, putting USD 100 million into Vmate, a social video app. The move combats competition within the country from rivals such as ByteDance and Google. Vmate currently has 30 million global users, compared to ByteDance's TikTok app at 120 million in India.



Competitive moves ▪ An AUD 800 million expansion to a shopping centre in Perth's premium retail district will see Coles and Aldi join Australian supermarket leader Woolworths in the location. Meanwhile, Woolworths is axing weekly discounts in a move to gain customer 'price trust' through longer term specials.



Convenient retail ▪ 7-Eleven has seen strong growth in Malaysia, with a first quarter increase of 9%, and a net profit rise of 24.9%. In Australia, the c-store chain has opened its first cash and card free store. The Melbourne location has no counters, and lets customers complete purchases on their phones.




What to watch


Tobacco free ▪ US e-cigarette major Juul is reportedly looking to open retail stores in the country. The stores would only allow customers over the age of 21 and will target areas with high smoking rates. The retailer is also said to be considering stores in other countries, including South Korea.



CBD ice cream ▪ Beloved US ice cream maker Ben and Jerry's is looking to move in on the growing cannabis industry, with plans for a CBD-infused flavour. The move depends on the Food and Drug Administration's verdict on the inclusion of non-psychoactive cannabis in food.