February 17 – Tesco Stores Renamed Across Southeast AsiaCP Group has renamed its Tesco stores across Southeast Asia to Lotus’s. The rebranding follows the USD 10.6 billion acquisition of Tesco’s Asian operations in Thailand and Malaysia in 2020. From Inside Retail February 15 – South Africa’s ShopRite Sees Profits GrowSouth Africa’s ShopRite Holdings announced that profits…
CONTINUE READINGGlobal Opportunities
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Global Retail Intelligence – January
January 20 – Walmart’s Flipkart Puts Fresh Foods Platform on HoldIndia-based Flipkart has put its plans on hold to establish a fresh food platform to sell directly to consumers. Walmart-owned Flipkart has said that it will be difficult to drive traffic and find synergies with its current ecommerce marketplace. From ET Retail January 19 – Alibaba/Tmall Announces Support for…
CONTINUE READINGGlobal Retail Intelligence – December
December 15 – Alibaba Announces Launch of Reverse Logistics Channel to Offer Return Service to Hong Kong CustomersCainiao, the logistics arm of Alibaba Group, announced that 85% of goods purchased on Alibaba’s platforms, including Taobao and Tmall, delivered by Cainiao will be eligible for returns within seven days for their customers in Hong Kong. Plans to launch a direct…
CONTINUE READINGGlobal Retail Intelligence – November
November 18 – Asda online sales up 72% in Q3 2020Walmart Asda reported earnings for the third quarter of 2020 covering the period from July 1 to September 30, coinciding with the end of the first UK-wide lockdown and reopening of the hospitality sector. Asda’s like-for-like sales, excluding fuel, increased by 2.7% and the strong performance in grocery, back-to-school…
CONTINUE READINGGlobal Retail Intelligence –October
October 13 – Aldi UK Doubles Size of Deliveroo Trial|Aldi UK has planned to double the size of its trial of grocery delivery with the Deliveroo network, extending the trial to 40 total stores, bringing the trial service area to additional cities in England. From Aldi October 12 – Flipcart, Walmart Invest in NinjacartIndia-based ecommerce marketplace, Flipkart and parent…
CONTINUE READINGKey Market Update: Canada
Brigitte Roy, president, DANESCO Canadian Market Demographics Brigitte Roy, president of the Canadian distributor Danesco, began her presentation on the Canadian market by outlining key differences between U.S. and Canadian culture. Canada is composed of 10 provinces and three territories. The metric system is used for measurements. It is a bilingual country—both…
CONTINUE READINGMarket Opportunities: Top Five Trends in Mexico, Brazil, Colombia, India
IHA Offices and Representatives IHA brought insights from around the world to Global Forum attendees with short presentations by its offices in varied regions. At the close of the final presentation, all joined in a group discussion to respond audience questions. Tom Johnston & Lourdes Ramirez – IHA Office for Mexico, Central America, Caribbean In-store department…
CONTINUE READINGKey Market Update: Costa Rica and Central America
Vanessa Sadi, general manager, La Cocina Ideal Market Review Speaking from San Jose, Costa Rica, Vanessa Sadi, general manager of housewares distributor La Cocina Ideal, summarized market demographics in Costa Rica, a Central American country with more than five million residents. Minimum wages begin at US$450/month, with middle class incomes starting at US$750. Because…
CONTINUE READINGKey Retailer Update
Shifting Consumer Behavior and Trends in Housewares Categories and Ecommerce in India Santanu Debroy, senior manager, BD and AM, Other Hardlines, Amazon India Marketplace and Sidram Kaudaki, international brand partnerships /business development manager, International Sourcing, Amazon India Marketplace Speaking from Bangalore, Santaru Debroy and Sidram Kaudaki addressed…
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