Home deliveries continue to push the market, with Carrefour teaming up with Glovo to get groceries to consumers speedily. In the US, Amazon beats Black Friday and Cyber Monday with Prime Day, and Uber prepares for customers to buy while they ride. Meanwhile, the protests in Hong Kong may be having some serious retail side-effects. Read on, and have a great day!




Thursday, 18 July 2019





Hello ,

Home deliveries continue to push the market, with Carrefour teaming up with Glovo to get groceries to consumers speedily. In the US, Amazon beats Black Friday and Cyber Monday with Prime Day, and Uber prepares for customers to buy while they ride. Meanwhile, the protests in Hong Kong may be having some serious retail side-effects. Read on, and have a great day!

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Europe


Carrefour delivers ▪ Carrefour is following in the vein of other major global supermarkets, and teaming up with an online company in order to meet the demand for home delivery. The French multinational is joining hands with Spanish start-up Glovo, and will aim for 30 minute home deliveries.



Top changes ▪ Online retailer Shop Direct has nabbed industry veteran Guy Farmer for the role of group trading director. Meanwhile, fashion brand Jigsaw is seeing the resignation of omnichannel director Kate Holt, and accessories retailer Claire's has hired Ryan Vero, previously an executive of Sears, to be its new CEO.



Reporting results ▪ The owner of British gambling company Ladbrokes has managed a 3% profit for the second quarter. Watch retailer Watches of Switzerland has revealed strong growth with a pre-tax profit of 181% in its first set of results since going public.




United States


Prime profits ▪ Amazon's Prime Day sales extravaganza has raked in more than Black Friday and Cyber Monday put together, and the online giant is calling it the biggest sales event it has ever held. Meanwhile, take a closer look into what the EU's antitrust investigation into Amazon really is.



Giant opening ▪ Grocery retailer Giant Foods Store is expanding its Heirloom Market project, with a new location opening in Philadelphia. The store will be in the University City area, and will offer a large range of high quality fresh and local produce, as well as convenience-based items and testing stations.



Driving development ▪ Uber is looking to develop the intersection between technology and retail even further, with a new push for customers to shop while travelling. The ride-hailing powerhouse has announced a new app with e-commerce partner Cargo, which will offer products and reward users for purchases made.




Asia


IPO outcry ▪ The unexpected failure of beverage major Budweiser APAC's USD 9.8 billion Hong Kong IPO has had serious repercussions for investors. The unexpected cancellation has prompted a series of advertisements wherein a local broker urges regulators to reform the listing process.



Protest effects ▪ The Hong Kong protests have had a drastic impact on the region's retail life, according to the Hong Kong Retail Management Association, with business being suspended, and turnovers decreasing. Hong Kong has a reputation as a safe shopping and food haven, and concerns are growing that this may be changed.



Inside look ▪ Dessert retailer Sinsian Black Jelly has made its way to Beijing, opening a designer store in the city's Hello Mart shopping market. The location has a minimalist vibe, intended to complement Sinsian's focus on tradition, health, and purity. Check out images here.




Unusual & remarkable


Ready recycling ▪ Upmarket UK grocer Waitrose is getting colourful with its environment efforts, introducing an array of multi-coloured, recyclable trays to its ready meals. The type of plastic in each tray is what will determine the colour.



Low bar ▪ Making use of the growing range of low and non-alcoholic beverages, British supermarket Sainsbury's is opening a bar especially for such drinks. The venue, called The Clean Vic, will be located in London, and will mark the country's first low and non-alcoholic traditional pub.