Amazon reveals plans for job growth in Britain, while protesters rally around the retailer's expansion in France. Sports Direct sees its retail boss leave the business, and Majestic Wine has a major bidder. Canada's Dollarama extends its horizons, and Woolworths plans to shed its alcohol and poker businesses. Enjoy the read and have a great day.




Wednesday, 03 July 2019





Hello ,

Amazon reveals plans for job growth in Britain, while protesters rally around the retailer's expansion in France. Sports Direct sees its retail boss leave the business, and Majestic Wine has a major bidder. Canada's Dollarama extends its horizons, and Woolworths plans to shed its alcohol and poker businesses. Enjoy the read and have a great day.

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Europe


Overseas employees ▪ Amazon is creating a wealth of new job opportunities in the UK. The online giant will be looking for 2,000 people to fill positions in its London headquarters, as well as in research and development, and other areas. The move will take Amazon's UK taskforce to almost 30,000 members.



Top changes ▪ Sports Direct retail boss Karen Byers has quit the business after nearly 30 years in the position. The struggling sportswear store has said Byers is welcome to return as a consultant. Shopping centre operator Hammerson has hired Howard Ebison as operations director for their UK and Ireland flagship locations.



Upcoming expansions ▪ VPZ, the UK's biggest player in the recent vaping boom has ambitious plans for store openings. The business intends to open 200 stores in the country over the next three years, and provide up to 1,000 jobs. German footwear retailer Deichmann is combating losses by aiming for more British stores.



Sales tales ▪ Fortress Investment Group, owned by Softbank, is coming up first and centre in the bid to purchase Majestic Wine's 200-strong store portfolio. Meanwhile, some executives at fashion house Bonmarche have sold their shares to retail tycoon Phillip Day, despite statements to refuse his offer.




The Americas


Big store action ▪ World retail leader Walmart, along with discounter Target and others, is pushing for an antitrust investigation into Amazon and Google's hold on the retail market. Concerns have been voiced over the 'information bottleneck' powerful tech firms can put over online retail.



Value moves ▪ Canadian discounter Dollarama is set to acquire a 50.1% stake in Dollarcity as it aims to expand its presence. The Latin American retailer had a portfolio of 180 stores as of March this year, and has been working with Dollarama since 2013.




Asia


Asset restructure ▪ Woolworths has revealed plans to merge its pub and poker machine business with its liquor store line. The Australian supermarket leader intends to then give up majority ownership of the new business, called simply the Endeavour Group, in 2020.



Convenient developments ▪ FamilyMart has a new line of biodegradable tableware set to hit shelves this month in Taiwan, after the country adopted new environmental policies. FamilyMart and fellow Japanese c-store chain Seven-Eleven have now each rolled out their own smartphone payment systems.



Local takeover ▪ The Vietnamese leg of French retailer Auchan has been taken over by local retail group Saigon Co.op. The group will re-brand 15 closed stores, while maintaining Auchan branding on its three remaining locations until 2020.




Ethical action


Conservation tactics ▪ German discount giant Aldi is set to trial the removal of plastic from its toilet roll packs. The test will be rolled out to 174 stores next month, and could save up to 900 tonnes of plastic annually. If things go well, the trial will be extended to all of the retailer's UK stores.



Environment concerns ▪ Amazon's Paris headquarters, as well as two of its other centres in France, have seen protesters emerge en masse to decry the retailer's business practices. Demonstrators voiced concerns over the country's falling commitment to CO2 reduction, and Amazon's recently announced French expansion plans.