Delivery services are a hot topic today, with Just Eat and Takeaway.com in the advanced stages of a merger and China’s Meituan hitting a massive online order milestone. In America, Forever 21 offended their online customers when they shipped out unsolicited dieting material with orders - eek! Enjoy the read.




Tuesday, 30 July 2019





Hello ,

Delivery services are a hot topic today, with Just Eat and Takeaway.com in the advanced stages of a merger and China’s Meituan hitting a massive online order milestone. In America, Forever 21 offended their online customers when they shipped out unsolicited dieting material with orders - eek! Enjoy the read.




Europe


Exerting influence ▪ The Metro takeover saga continues with its top investors pledging to work together to influence the outcome of bids for the German wholesale giant. Investors Meridian Foundation and Beisheim Group hold a combined 20.56% of Metro’s shares and plan to increase their stake as opportunities arise.



Delivery discussions ▪ British food delivery service Just Eat has agreed to merger terms with Dutch competitor Takeaway.com that would see the companies’ combined value at GBP 9 billion, if the deal is approved by investors. Meanwhile, Sainsbury’s is entertaining the idea of an alliance with Uber Eats.



Safety first ▪ Britain’s largest gamebird merchant Waitrose, is set to ban the sale of fowl shot with lead ammunition. Recent studies have drawn attention to the serious neurological impacts of regularly eating the affected meat, as well as the resulting deaths of up to 100,000 birds who mistake used toxic gun shells for food.



Fashion trends ▪ Department store giant Marks & Spencer is slashing prices by up to 90% as it battles the harsh retail climate in the UK. However, new findings have revealed that Brits are moving away from fast fashion purchases in favour of more eco-friendly alternatives, with 64% of survey respondents more likely to purchase pre-owned items.




United States


Hard to swallow ▪ Beyond Meat has experienced a setback following the announcement of a secondary offering of 3.25 million shares, just three months after its initial IPO. Shares of the meat-alternative poster child fell by 13% on the back of the news, even in spite of an increase in second quarter revenue.



Exciting initiatives ▪ Amazon has jumped on the influencer bandwagon with the launch of a new section of their platform called ‘The Drop’ which features fashion designed by high profile social media users. In India, the online powerhouse is said to be readying for entry into the food delivery game.



Moving forward ▪ Kroger is ploughing ahead with its expansion plans and has broken ground in Florida as construction gets underway on a new USD 55 million customer fulfilment centre. It is likely to be operational by 2021 and is expected to employ 400 people in the area.




Asia & Australasia


Germany in Australia ▪ Aldi is sticking to its tried and true methods of attracting customers, despite local supermarkets jumping through promotional and operational hoops to gain market share. Meanwhile, Mackay Sugar has accepted a bid from German sugar giant Nordzucker to buy a 70% stake in the business.



Hot stuff ▪ China’s heatwave seems to be good news for the food delivery industry. Local food delivery giant Meituan reached a milestone in excess of 30 million orders over the weekend, as customers kept cool indoors and opted to order in.




Strange but true


Too soon? ▪ Once again a Christmas news story has hit our radar – this time with luxury department store Selfridges unveiling its Christmas shop… 149 days ahead of the big day. The British retailer is rocking a futuristic theme, complete with Santa in a silver suit. Check out pictures here.



Major blunder ▪ Fast fashion retailer Forever 21 has become embroiled in scandal once again after customers who ordered plus-sized clothing were also sent diet bars. Insiders believe such errors in taste and decency occur because of poor product review processes.