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Period: October 1, 2017 to October 15, 2017
Comment & Opinion or Companies, Organizations or Consumers or Controversies & Disputes or Deals, M&A, JVs, Licensing or Earnings Release or Finance, Economics, Tax or Innovation & New Ideas or Legal, Legislation, Regulation, Policy or Market News or Marketing & Advertising or Other or People & Personalities or Press Release or Products & Brands or Research, Studies, Advice or Supply Chain or Trends

Food Industry Giants Seek Label Standardization Within Three Years

An organization that represents 400 consumer goods manufacturers and retailers in 70 countries has proposed that food date (viz., "sell by," use by," etc.) labels be standardized and streamlined globally within three years to help customers reduce the amount of edible food thrown out by households. The “Call to Action” from the Consumer Goods Forum (CGF), a Paris-based group with offices in Tokyo and Washington, D.C., requires retailers and food producers to focus on numbers of labels, inclusion of expiration dates for perishable items and food quality indicators for non-perishable items, and educating consumers on what date labels mean. The CGF includes companies like Tesco, Kellogg, Walmart, Campbell Soup, Bimbo, Pick n Pay, Nestlé, Carrefour, and Unilever.

"Companies Commit to Simplify Food Date Labels Worldwide by 2020, Reducing Food Waste", The Consumer Goods Forum, September 20, 2017

Tesco Own-Label Suppliers Commit To Food Waste Transparency

Major own-label food suppliers to British supermarket chain Tesco have agreed to start publishing their food waste data within the next year. CEO Dave Lewis called the commitment by 24 of the company’s biggest suppliers “pivotal.” Lewis said he believed that many other suppliers and retailers would follow suit in the next weeks and months. Suppliers were apparently influenced by a WRAP organization report in March that showed investments in curbing food waste earned positive returns. For every £1 invested in reducing food waste, WRAP reported, half the business sites had at least a £14 return. WRAP is a nonprofit organization whose vision is a world where resources are used sustainably.

"Tesco CEO Hails Waste Agreement with Two Dozen Suppliers a 'Pivotal Moment'", The Grocer, September 21, 2017

Discount Retailers Aldi And Lidl Have US Retailers Against The Ropes

German discount retailers Lidl and Aldi are expected to grow faster than their local competitors in the US market. By offering limited variety of products at very low prices, Lidl and Aldi are winning a price war and expanding their shares of the retail market. Operating in the US since the 1970s, Aldi has 1,700 stores across the country, while Lidl began its expansion in the East Coast in June, and opened its 30th store in September 2017. Also, by offering private-brand products, the German retailers can offer discounts ranging from 35 percent to 40 percent, compared with their rivals.

"Discount Grocers Aldi And Lidl Give U.S. Stores A Run For Their Money", National Public Radio, September 27, 2017

Wal-Mart Aims For High-End Market With Jet.com

Wal-Mart Stores Inc. is repositioning its Jet ecommerce unit toward the high-end market, as part of the retailer's efforts to compete with online rival Amazon. Acquired by Wal-Mart for $3.3 billion in 2016, Jet plans to sell apparel from online retailers bought by the retail giant in the previous year. Also, Jet plans to introduce a new line of private-label food and grocery items.

"Wal-Mart Tries to Take Jet.com Upscale", The Wall Street Journal, September 28, 2017

Natura Names Boynton CEO Of The Body Shop

Natura Group has named David Boynton as chief executive of beauty retailer The Body Shop. Boynton's appointment coincides with Natura Group's implementation of a new governance and management structure following its acquisition of TBS in September 2017. At present, Boynton is chief executive of men's wear retailer Charles Tyrwhitt. He started his career in the grocery market and later moved to health and beauty retailer AS Watson.

"The Body Shop’s new owner snaps up Charles Tyrwhitt’s David Boynton as new CEO", Retail Gazette, September 29, 2017

Whole Foods Says Customer Card Payment Information Hacked By Cyberthieves

Retailer Whole Foods has warned customers that hackers gained access to payment card information at several stores. Acquired by online retailer Amazon for $13.7 billion in June 2017, Whole Foods said the cyberattack affected the company's taprooms and restaurants and not the main checkout lines of its stores. Whole Foods operates 449 stores in the US, with more than 40 branches selling beer on tap.

"Whole Foods hit by credit card hack at several stores", CNET, September 29, 2017

Wal-Mart Buys NYC-based Last-Mile Delivery Service Parcel

Wal-Mart said it has acquired Parcel, a technology-enabled, last-mile delivery service company specializing in perishable and non-perishable products in New York City. Operating 24/7, Parcel relies on technology, a fleet of leased vehicles, and employee-based workforce to rapidly sort, load, and deliver products to customers. Wal-Mart said it plans to use Parcel to deliver packages to customers in New York City.

"Walmart Announces the Acquisition of Parcel, a Technology-Based, Same-Day and Last-Mile Delivery Company", Walmart, October 03, 2017

Amazon Talks Logistics Collaboration With French Retailer Leclerc

Online retailer Amazon has discussed possible logistics partnerships with Leclerc, according to the French retailer's chief executive Michel-Edouard Leclerc. French newspaper Le Monde earlier reported that Amazon has approached local supermarket companies regarding the possibility of establishing distribution deals or acquiring retail company in the country.

"French retailer Leclerc approached by Amazon over logistics partnership", Reuters, October 04, 2017

Walgreens Boots Alliance Launches YourGoodSkin Line Of Skincare Products

Walgreens Boots Alliance has launched the YourGoodSkin line of skincare products exclusively at Walgreens stores in the US and Boots branches in the UK and Ireland. Developed in partnership with scientists, dermatologists, and thousands of women, YourGoodSkin products are designed to “help transform skin” and give consumers “good skin for life.” Featuring the Balancing Skin Concentrate ingredient, YourGoodSkin products can give 90 percent of women skin with improved texture; 71 percent, more even skin tone; and 80 percent, more radiant skin, according to test results.

"Walgreens Boots Alliance Launches YourGoodSkin™, First Skincare Range in over 20 Years Which Includes Hero Product ‘Balancing Skin Concentrate,’ Clinically Proven to Improve the Five Key Signs of Visibly Healthy Skin", Business Wire, October 04, 2017

Amazon Seeks To Expand Own Delivery Capabilities

Online retailer Amazon.com Inc. is expanding its in-house delivery capabilities in order to increase the number of products available for free two-day delivery and decrease warehouse overcrowding. Dubbed by the company as Seller Flex, the proposed service first began in India. Amazon began testing the service in West Coast states in 2017 and plans to launch the service across the country in 2018.

"Amazon Is Testing Its Own Delivery Service to Rival FedEx and UPS", Bloomberg, October 05, 2017

Costco Introduces Online Shopping Services

Membership-only warehouse club Costco Wholesale introduced two online shopping services, as part of efforts to expand its online retail presence. Available at present at 376 stores in the US, Costco's partnership with Instacart will be expanded to include more locations across the country. Launched on October 1, 2017, the company's CostcoGrocery online shopping service include about 500 nonperishable dry grocery products delivered free to Costco customers who make orders worth at least $75.

"Costco Launches Online Grocery Offering", Supermarket News, October 06, 2017

Lidl Sees Share Of Shopper Traffic Drop In US

Months after opening its stores in the US in June 2017, German discount retailer Lidl saw its share of store visits declined, according to an analysis by location-based data firm inMarket. Local rivals, including Kroger Co. and Wal-Mart, have recovered much of market share they lost when Lidl after Lidl opened its first nine US stores in June 15. Lidl grabbed 11 percent of customer visits to traditional grocers in nine markets in Virginia, North Carolina, and South Carolina, inMarket data revealed. Lidl's share of traffic fell below 8 percent in August, inMarket revealed.

"Lidl Stores Gain Little Traction So Far in U.S.", The Wall Street journal, October 08, 2017

Aldi Plans To Build ₤75-Million Warehouse In UK

German discount retailer Aldi plans to invest ₤75 million to build a distribution center in Bedford, England, to support the company's growing network in the UK. Aldi said it remains committed to expansion plans in the UK retail market despite reporting its third year of declining profit. By 2022, the retailer expects to have 1,000 stores in the country from its current 726 locations.

"German retailer Aldi to build 75 million pound UK distribution centre", Reuters, October 09, 2017

Carrefour Brasil Introduces Online Shopping Service In Sao Paul

Grupo Carrefour Brasil, the French retailer's unit in Brazil, plans to launch an online grocery shopping and rewards platform in Sao Paulo. After raising $1.6 billion in an IPO in July 2017, the company will launch the services through the Meu Carrefour mobile app. According to the company, which has 4 million registered online users, it plans to issue about 100 million coupons each month through the mobile app.

"Carrefour Brasil opens online grocery shopping in Sao Paulo", Reuters, October 10, 2017

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