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Retail Business Insight Alert Archive

Have a look at some of our recent alerts. These give broad coverage of the industry - if you want something more specific create your own here.

<<12345678910>> Total issues:161

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October 01, 2016, to October 15, 2016

Tesco Settles Pricing Dispute With Unilever

UK retailer Tesco and Unilever have settled their pricing dispute caused by the drop in the pound's value following the country's vote to leave the European Union. Before settling the dispute, Tesco suspended sales of some Unilever products on its online store. Industry sources revealed that Unilever had demanded 10 percent increases in the prices it charges the country's big 4 supermarkets for a wide range of products.

American Shoppers Plan To Spend More In 2016 Holiday Season, Survey Says

In the US, 61 percent of consumers said they plan to spend more in the 2016 holiday season than they did in the previous year, according to a survey conducted by Kelton Global for RetailMeNot. Results of the survey revealed almost one in three shoppers plan to spend at least $200 more; however, 70 percent of respondents look for deals on holiday gifts, while 40 percent believe they will find the best deals on Black Friday. Consumers looking for the best deals can find an average discount of 33 percent off their winter travel in October, while toys, home décor, and apparel are most discounted early in the season, RetailMeNot said.

Asda Names Eilidh MacAskill VP Of Creative

UK retailer Asda named Eilidh MacAskill as vice president of creative. Previously global marketing director at Monsoon Accessorize, MacAskill will take charge of Asda's design, marketing, and advertising. MacSkill is joining a marketing team which has seen several executive departures and appointments.

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September 15, 2016, to October 01, 2016

Wal-Mart Looks At Acquiring Minority Stake In India's Flipkart

Wal-Mart Stores Inc. is reportedly negotiating to invest as much as $1 billion in India-based online retailer Flipkart Online Services Pvt. Valued at about $16 billion, Flipkart is the largest online retailer in the country; however, its hold on the market is under assault by Amazon and other rivals. Under the proposed deal, Wal-Mart would acquire a minority stake in the online retailer. Such a deal would significantly benefit both parties, enabling both Wal-Mart and Flipkart to expand their operations in India, the third most important e-commerce market after the US and China.

Aldi Receives LEED Gold Certification For Distribution Facility In California

Aldi has received a Leadership in Energy and Environmental Design Gold certification from the U.S. Green Building Council. Awarded for its environment-friendly and sustainable distribution center and regional headquarters in Moreno Valley, California, the LEED certification recognizes the discount retailer's efforts to reduce the environmental impact of its business operations. Aldi partnered with Graycor Construction Company to create an environment-friendly design as well as use sustainably sourced building materials for its distribution center and regional headquarters. USGBC said LEED-certified projects have diverted more than 80 million tons of waste from landfills. LEED Gold buildings use 25 percent less energy and generate 34 percent lower greenhouse gas emissions than conventional buildings, the USGBC said.

Shiseido Launches Line Of Skin-Whitening Products Aimed At Prestige Beauty Market

Shiseido plans to launch its Shiseido White Lucent Total Brightening Day & Night Set line of skin-whitening products to the travel retail market. Part of the company’s efforts to expand its prestige beauty business, the range will include White Lucent All Day Brightener SPF 36, Micro Targeting Spot Corrector, and MultiBright Night Cream, all in 50ml packages. According to the company, the White Lucent range comes with a formulation that includes Double Strike PROApproachx2 brightening technology.

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September 01, 2016, to September 15, 2016

Personal Care Market Suffers Sales Decline In UK, Kantar Worldpanel Says

In the UK, the toiletries market saw a 2.1 percent decline year on year, according to Kantar Worldpanel. Oral care was the only category that posted sales growth, albeit slower than the previous period, at 2.8 percent YoY. Bathroom categories with the worst decline rates were men's skincare and sun preparations, data revealed. All of the UK's big 4 retailers posted losses in the market, with Asda reporting the worst with ₤17 million in lost sales.

Ahold Gears Supply Chain For Online Success

Retail company Ahold has reorganized its supply chain to support its online business, which it aims to grow to €2.5 billion by end of 2017. Ahold's online-business-focused supply chain structure features various fulfillment options, as well as flexibility in delivery services and pick up points for customers. According to the retailer, its supply chain has been revamped to promote operational excellence in fulfilling online orders.

L'Oreal Travel Retail Announces Key Executive Appointments

L’Oreal Travel Retail said it has appointed Emmanuel Goulin as managing director of L’Oreal Travel Retail Asia Pacific, replacing Eva Yu. Also, the company announced it has named Yannick Raynaud L’Oreal Travel Retail Americas managing director, replacing Javier Labarta. Goulin joined Travel Retail Europe in 2005, while Yannick started her career with L’Oreal Paris and Maybelline in Latine America in 1998.

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August 15, 2016, to September 01, 2016

Tesco Sells Euphorium Bakery Chain To Soho Coffee, Samworth Brothers

UK retailer Tesco has agreed to sell Euphorium Bakery chain to casual dining operator Soho Coffee. Covered by the purchase deal are the four high-street stores of the bakery chain and its factory in Islington. Soho Coffee plans to continue operating the stores under the Euphorium brand. In another transaction, Tesco sold the bakery chain's Weybridge factory to long-time supplier Samworth Brothers.

Sephora Opens 400th Store On Chicago's Magnificent Mile

Sephora opened a new store, the beauty retailer's 400th location, on Chicago's Magnificent Mile. According to Sephora Americas president and CEO Calvin McDonald, the company launched its Beauty TIP Workshop retail concept as part of its efforts to “reset, rethink,” its business. McDonald said the concept's “teaching beauty” element gives the retailer a competitive advantage over its rivals. Sephora's optimism when it comes to having physical stores comes from its strategy of using brick-and-mortar stores to “provide a service, a mini-makeover,” and because they are designed to teach beauty, McDonald said.

Online Sales Of Hair Care And Color Products Growing, Report Shows

Online sales of hair care and color products are growing, according to market research firm L2. Data from the report, “Hair Care & Color,” revealed e-commerce share of retail sales of haircare products grew 14 percent year on year. Lower-margin consumer brands are driving online sales, the company said.

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August 01, 2016, to August 15, 2016

Aldi Australia Wins Industry's Retailer Of The Year Award; Eyes More Expansion Across Country

Discount retailer Aldi won the Retailer of the Year award at the 2016 Australian Retail Association Eftpos Australia Retail Awards. According to the awards judges, they chose the company based on its track record in creating original marketing strategies, developing innovations in personnel management, and coming up with add-value-for-money strategies. ARA Retailer of the Year 2015, Lush Fresh Handmade Cosmetics, was the runner-up. Also, the industry organization commended Aldi for its continuing expansion plans. It now has 400 stores across eastern Australia, with plans to build 70 stores in Western Australia, and as many as 50 to be built in South Australia.

Walmart Seals Acquisition Deal With Online Retailer Jet.com

Walmart has inked a deal to buy fast-growing ecommerce retailer Jet.com for $3 billion in cash, both up front and over time, as well as $300 million in shares over time. The company says the acquisition brings numerous benefits, most significantly expanded customer reach and new capabilities that will mean faster ecommerce growth. Other benefits: Jet has proven it can scale with speed, having reached $1 billion in run-rate gross merchandise value and 12 million SKUs in its first year; 400,000 new shoppers are added to its customer base each month (especially urban shoppers and Millennials); and its technology rewards customers in real time with savings on items bought and shipped together, reducing supply-chain and logistics costs.

Walmart Buys Jet.com; Girds For Future E-Commerce Wars

Walmart has completed its $3.3-billion acquisition of online retailer Jet.com, as part of its efforts to improve its ability to compete in the e-commerce market. Although ranked as number 2 in L2's Digital IQ Index: Big Box report for its e-commerce capabilities, Walmart lags behind market leader Amazon. In 2015, Walmart reported $13.7 billion in online sales, while Amazon earned more than $92 billion.

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July 15, 2016, to August 01, 2016

More Sweat Cosmetics Find Their Way To Sephora's Online Store

After launching Sweat Cosmetics' Twist-Brush + Translucent Mineral Powder and Twist-Brush + Mineral Foundation SPF 30 beauty care products in June 2016, beauty retailer Sephora is adding more products from the brand to its online store. Starting on August 9, 2016, Sweat Cosmetics' Gleam On mineral powder illuminator, Glow Hard mineral powder bronzer, and Skin-Balancing Cleansing Towelettes will also be available on sephora.com. Launched in 2015 by five women who shared a common passion for soccer, Sweat Cosmetics initially aimed at creating beauty products for athletes. Bigger-than-expected demand, however, prompted the company to expand its focus to include active women for its target market.

Advertisers Ignoring 50 And Older Consumers In Australia, International Advertising Association Event Speakers Say

Consumers 50 years and older are being ignored by advertisers, according to the Forgotten After Fifty event hosted by the International Advertising Association in Sydney. Ipsos research director Laura Demasi marketers, who have adopted to the multicultural characteristics of the Australian population, need to address ageism in advertising. According to Demasi, 94 percent of agency staff are younger than 50 years, creating a significant gap between advertisers and the growing seniors market. Macquarie Media Network executive chairman Russell Tate said, the average Australian marketer is 27 years old and is male, according to a PwC report released in early 2016.

Whole Foods Market Posts Record Sales For July Quarter 2016

Whole Foods Market, Inc. reported total sales increased to a record $3.7 billion for the 12-week third quarter ending July 3, 2016. Comparable store sales declined 2.6 percent, with net income at $120 million, or 3.2 percent of sales, during the quarter. According to the retailer, earnings before interest, taxes, depreciation, and amortization were $326 million, or 8.8 percent of sales. Adjusted return on invested capital was 13 percent, the company said. Whole Foods Market produced $189 million in cash flow from operations during the quarter, returned $44 million in quarterly dividends to shareholders, and bought back $195 million or 6.5 million shares of common stock.

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July 01, 2016, to July 15, 2016

Sephora Opens 4 New Stores In Middle East

Beauty retailer Sephora opened four new store locations in the Middle East, raising to 56 its total store count in the region. Claiming its business in the region has grown significantly, the company opened stores at the Ibn Battuta Mall in Dubai, Gulf Mall in Qatar, and Jouri Mall and Mall of Dhahran in Saudi Arabia. Despite the latest additions, the company’s store count for the region remains only half of former Sephora CEO Jacques 100-store target in theregion for 2010.

Carrefour Tests Digital Promotion Deal With Artefact

French retailer Carrefour has tested its digital marketing deal with technology start-up Artefact. After signing the digital promotion deal, the partners chose Spain as pilot country for the program. As part of the deal, Artefact will help Carrefour with its digital marketing efforts.

Tesco To Sell Only Cage-Free Eggs By 2025

U.K. grocery retailer Tesco said it will stop selling eggs from caged hens by 2025. It made the decision following a focused review of its egg-sourcing strategy, which included meetings with suppliers, industry experts, and other interested parties. The decision follows other sustainability initiatives, including a Fair For Farmers Guarantee for dairy farmers, guaranteed high-value contracts for U.K. potato farmers, and sustainable farming programs for lamb farmers and cheese producers.

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June 15, 2016, to July 01, 2016

Glow Recipe Sells Korean Beauty Products Online; Aims To Educate American Consumers About Them

Glow Recipe seeks to provide consumers in the US with Korean beauty products and accurate information about them. According to Sarah Lee and Christine Chang, co-founders of the online retail platform, see their company as curators of K-beauty products rather than a mere retailer. Also, the company employs a diverse panel of evaluators to ensure the suitability of Korean products they sell with the array of skin types in the American market. For example, the Splash Mask by Korean brand Blithe is one of the most popular products on the online store. Lee and Chang had to convince the manufacturer to change the product's name from Patting Water Pack to Splash Mask for American consumers.

Whole Foods Appoints Nielsen As Analytics Provider In US

Whole Foods Market, Inc. named Nielsen as its primary provider of analytics services in the US. Nielsen is collaborating with the leading natural and organic supermarket chain to develop a customized system for ranking products. Also, the system will offer a comprehensive view of product categories, including ingredient level attributes. With the system in place, Whole Foods and its suppliers will be able to make decisions that are supported by data and aimed at driving business growth.

Walgreens Says More Than 135 Million Electronic Coupons Clipped By Consumers

Walgreens said more than 135 million Paperless Coupons have been clipped by customers. First launched in 2014, the retailer's electronic coupons program has been available to the company's more than 85 million active Balance Rewards loyalty program members through its website and mobile app. According to Walgreens, it has continued to improve and simplify its paperless coupons by offering manufacturer coupons in collaboration with Quotient.

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June 01, 2016, to June 15, 2016

Sephora Adopts ShopStyle App To Let Consumers Buy Products They See On Snapchat

Beauty retailer Sephora has started allowing its Snapchat followers to buy products it features in live stories. By taking a screenshot and downloading the ShopStyle application, consumers can buy beauty products they like. With Snapchat not allowing marketers to include clickable shopping links in photos they upload, beauty marketers are creating ways to make money using the image-sharing website. PopSugar’s ShopStyle app is designed to help marketers monetize their Snapchat stories.

New Partnership Will Help Determine Levels Of Food Waste In Countries

Though 800 million people globally are malnourished, about a third of all food – approximately $940 billion worth each year – is lost as it moves from farm (or factory) to table. To help end this trend, a group of international organizations has partnered to launch a Food Loss and Waste Standard that will help businesses, governments, and other organizations to measure the problem. Organizations involved in the initiative include the World Resources Institute, the Consumer Goods Forum, the Food and Agriculture Organization of the United Nations (FAO), and others. The basic goal of the program is to help companies and countries find out how much food is lost or wasted, and where it occurs within their borders, operations or supply chains.

Birchbox Adds Retail Locations To Its Subscription-Box Business Model

Birchbox Inc. plans to expand its share of the $16-billion prestige beauty industry in the US by opening retail locations. According to Birchbox co-founder and CEO, Katia Beauchamp, the company will not abandon its subscription-box business model. Instead, by opening its retail operations, the company aims to become profitable. Since its launch in 2010, the company has seen plenty of rivals with copycat versions of its samples-in-a-box offering.

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May 15, 2016, to June 01, 2016

Whole Foods Opens First 365 Store In Los Angeles

Whole Foods Market has opened its first 365 retail store in Los Angeles. Combining affordability with the retailer's offerings of organic foods and natural personal care products, the 365 retail concept is designed to help the company attract millennial shoppers. In addition to private-label products, 365 also offers relatively affordable natural beauty brands, including Burt's Bees, Everyone by EO, and Alba Botanica.

El Corte Ingles Agrees To Sell Sephora Products In Spain

Spain-based retailer El Corte Ingles agreed to sell beauty chain Sephora's products starting end of 2016. As part of the agreement, Sephora products will be sold in all of El Corte Ingles supermarkets with a beauty department. Also, Sephora will remodel its older concessions in El Corte Ingles stores.

Aldi And Lidl Beat Walmart's Asda In Low-Price Game; Price War Expected To Come To US

German discount retailers Aldi and Lidl have been grabbing sales and market share from Asda, Walmart's business unit in the UK. While Asda recently reported its seventh consecutive quarter of falling sales, Aldi plans to expand its store count in the US from the current 1,500 to 2,000 in the next two years, while Lidl is preparing to launch its US operations. Alda was able to react early to Aldi and Lidl by cutting prices; however, its prices were not low enough. Walmart should learn from Aldi's experience in order to prepare for the coming fight with Aldi and Lidl in the US market.
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