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Subject:
RETAIL BUSINESS
Period: February 15, 2018 to August 1, 2018
Geographies:
Worldwide
Categories:
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
Contents
 

International Companies Urge India’s Maharashtra State To Ease Plastic Ban

Multinational corporations, including Amazon and H&M, are reportedly urging the state of Maharashtra in India to relax its recently approved ban on single-use plastic. Coming after Indian Prime Minister Narendra Modi’s campaign for an end to the use of single-use plastic in the country by 2022, the state’s move is expected to raise operating costs for companies. Retailers and beverage manufactures are among companies that use plastic packaging. Business groups, including the Federation of Indian Chambers of Commerce and Industry, have called on the government to soften its anti-plastic policies.

"Amazon, H&M Pressing to Soften India's Plastic Ban", The Business of Fashion, June 29, 2018

Amazon Eyes Prime Day Sale To Grab Market Share From Rival Walmart In India

Seeking to lure consumers away from its rival Walmart-Flipkart, online retailer Amazon plans to launch its 2018 Prime Day sales event in India in close partnership with its US headquarters. Also aimed at driving membership in the company’s Prime customer loyalty program, the sale will feature discounts expected to be bigger than before. Amazon India is also expected to introduce its virtual fitting-room technology Prime Wardrobe, which lets consumers try fashion products before buying them.

"Amazon plans mega 30-hours sale next month to counter Walmart-Flipkart", The Economic Times, June 20, 2018

Powered by AI, Future Shopping Malls To Highlight Health And Wellness Services

International shopping-center operator Westfield introduced its Destination 2028 retail concept. According to the proposal, the company sees the future shopping mall as a “hyper-connected micro-city,” which is powered by artificial intelligence, and integrates health and wellness services and community involvement. Westfield said the concept was developed based on a growing consumer interest in health and wellness.

"2028 Retail Futures", J. Walter Thompson Intelligence, June 12, 2018

Food Industry Hits Panic Button Following Amazon’s Whole Foods Buy

Amazon.com Inc.’s June 2017 acquisition of Whole Foods Market Inc. for $13.5 billion has prompted rival food retailers to reorganize, reinvent, and recalibrate their business and sales strategies. Whole Foods has seen an increase in sales and delivery following its merger with the online retailer. This is prompting grocery chains to speed up investment plans for delivery and pickup services for their online retail operations. Also, dozens of supermarket companies have entered into agreements with online grocery-delivery service provider Instacart Inc.

"A Year After Amazon Devoured Whole Foods, Rivals Are Pursuing Countermoves", Wall Street Journal, June 10, 2018

Carrefour Announces 100% Recyclable, Reusable Or Compostable Packaging Goal

French supermarket chain Carrefour is aiming for own-brand packaging that is 100% reusable, recyclable or compostable by 2025, and to stop using non-recyclable packaging for organic fruit and vegetables by the end of this year, as well as ending the sale of plastic straws. By 2022, it intends to use 50% recycled plastics in bottles for its juice, soda and water products. The announcement coincides with a European Commission announcement to ban single-use plastics like straws and drink stirrers in the European Union. Plans also cover plastic cutlery and cotton buds, and by 2025 EU states will be expected to collect 90% of single-use plastic beverage bottles.

"Carrefour own-brand products to have fully recyclable packaging", FoodBev , May 31, 2018

Iceland Trials Return Scheme For Plastic Bottles

UK supermarket Iceland has installed a reverse vending machine in its Fulham store in London. The trial supports a government plan for return schemes to cut down on single-use plastics. The machine gives a 10 pence voucher, redeemable in-store, for each returned Iceland plastic bottle. The retailer has also pledged to eliminate plastic packaging from its own-label products. Earlier in May, the Co-op supermarket said it is going to trial a deposit scheme using machines at a number of music festivals over the summer.

"Iceland reverse vending machine pays customers to return bottles", FoodBev , May 21, 2018

 
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