Walmart announces GoLocal, a last-mile delivery service for other retailers
Key Insights and Signals in Retail and Consumer Goods
Centre setup and Expansion Ace Hardware announces plans for new distribution center in Visalia, California The new facility will occupy more than 1 million square feet and is estimated to bring more than 400 jobs to the region. Read More>> Amazon is opening department stores in California and Ohio These stores, which are expected to be around 30,000 square feet, will be smaller than department stores but offer a similar assortment – furniture, clothing, and electronics. Read More>> Flipkart Wholesale plans to triple footprint in India by serving Kiranas E-commerce adoption by kiranas on Flipkart Wholesale doubled in January-June this year compared to last year. This is projected to see 180 per cent growth in July-December 2021, as against the same period last year. Read More>> Ikea trials new concept store The new concept is called ‘Home Experience of Tomorrow’ and intends to create ’emotional and empowering customer experiences’ according to Ikea. The most striking difference between this concept store and existing Ikea stores is the removal of the set walking route that is typical of traditional Ikea locations. Read More>> Toys ‘R’ Us is coming to more than 400 Macy’s stores The two companies are partnering to sell toys on Macy’s website. The brands are also opening Toys “R” Us shop-in-shops at 400 department stores next year. For Macy’s, using the recognizable name could grow its toy business to compete against Target and Walmart. Read More>> Walmart building company’s first Atlantic Canada distribution center in Moncton, N.B. The USD 56 Mn project will create more than 200 jobs in Moncton and surrounding communities, including more than 100 inside the distribution center, according to the company. Read More>>Deals Dufry renews Cardiff Airport retail contract for 12 years The store currently operates under Dufry’s Nuance branding, but as part of the redevelopment plans, it will be rebranded as World Duty Free. Read More>> Ingram Micro adds Shipwire Logistics Platform to Sweden warehouse Access to Shipwire enables online brands and retailers in the region to manage their operations through the cloud-based platform and ship to customers domestically and internationally. Read More>> PepsiCo chooses CropX to achieve global sustainability goals By collaborating with CropX, PepsiCo can now help growers in Latin America improve farm input application efficiency and become environmentally sustainable, providing its growers with CropX’s data-driven farm management solutions. Read More>> Walmart announces GoLocal, a last-mile delivery service for other retailers Participating GoLocal merchants don’t have to be of a certain size. Anyone from a mom-and-pop to a national retailer can opt to use the service. They also don’t have to sell on Walmart.com’s marketplace, as this isn’t a fulfilment service rather, it’s just the last-mile delivery portion. Read More>>Executive Movement Former M&S boss Stuart Rose in line to lead ASDA board Lord Rose of Monewden, the former boss of Marks & Spencer, has been lined up as chairman of Asda as it searches for a replacement chief executive. Read More>> Burberry appoints senior product merchandise manager The company has appointed Luke Smith as its new senior product merchandise manager. Smith has been working since May 2020 as senior global product merchandise manager at VF Company’s Napapijri brand. Read More>> Global Industrial appoints new Chief Merchandising Officer Alex Tomey will report to Barry Litwin, Chief Executive Officer of Global Industrial, and will be responsible for developing and driving Global Industrial’s merchandise strategy and operations. Read More>> Target names Sarah Travis President of Roundel Travis brings significant media experience to Roundel, having previously served as managing director of retail at Google. Target has invested significantly in enhancing Roundel’s products and capabilities over the last several years, including the introduction of new offerings related to programmatic advertising, closed-loop measurement and self-service performance tools. Read More>> SpartanNash promotes Tyler King to VP, Finance In his new role, King will serve as an advisor for the retail business segment, led by Executive Vice President and General Manager, Corporate Retail Tom Swanson. Read More>>Partnerships Alibaba Group partners with international payments platform WorldFirst The company’s site, Alibaba.com, will work with payments platform WorldFirst as part of a push to help small to medium-sized enterprises in Singapore. It will also power sales for Alibaba.com and grant Singapore-based e-commerce merchants access to over 25 million buyers in more than 200 nations. Read More>> Coca-Cola HBC rolls out paper-based carton solutions to larger multipacks In partnership with Graphic Packaging International, Coca-Cola HBC’s larger multipacks are now available in a new fully enclosed paper-based carton, which replaces previously-used shrink-wrap. Coca-Cola HBC has also introduced prominent on-pack messaging in a bid to communicate its sustainability message directly to consumers, highlighting that the packs are recyclable. Read More>> JD collaborates with Nike and TikTok for virtual shoe try-on Trainer and sports fashion retailer JD is launching a collaboration with Nike and inviting the TikTok community to get involved in a bespoke shoe try-on moment to celebrate the launch of the new Nike Air Vapormax. Read More>> Ralph Lauren enters the virtual shopping arena The company is partnering with the Zepeto global social networking and avatar simulation app to provide customers with a personalized virtual world. Known as Ralph Lauren x Zepeto, the partnership consists of a digital apparel collection and a thematic virtual world. Ralph Lauren apparel is virtually represented in the digital world of Zepeto. Read More>>Mergers and Acquisition Alimentation Couche-Tard to acquire convenience stores from Porter’s The transaction includes 35 high-quality locations currently operated under Porter’s brand and located predominately in Oregon and Western Washington. The closing of the transaction is expected to be completed in the second half of September 2021. Read More>> Applied Industrial (AIT) buys R.R. Floody, expands its presence The acquisition will enable Applied Industrial to leverage R.R. Floody’s expertise in advanced facility automation and offer a comprehensive line of automation solutions to its customers. The buyout will also boost the company’s reach across the Midwest market in the United States. Read More>> SalMar acquires 45% ownership in Refsnes Laks AS The transaction gives SalMar further sustainable growth in the immediate vicinity of existing fish farming areas in Central Norway, and it will be a good industrial solution that ensures significant synergies and further development of existing activity and operational competence. Read More>> Shutterfly acquires Spoonflower for USD 225 Mn, doubles down on home décor growth In addition to capitalizing on the growth of the home décor market, Shutterfly is reaffirming its mission to connect consumers to creators. Shutterfly’s family of brands, including Snapfish, LifeTouch, Tiny Prints and GrooveBook, are all designed to create a space for people to create, whether it is their hobby or their career. Read More>> Massmart to boost online operations with OneCart acquisition The platform provides access to products across the dry grocery, frozen and fresh foods, liquor, baby, health and beauty, household and pet supplies categories – all made available to consumers via a single shopping interface. Read More>>
Latest Industry Insights from Draup Braindesk
FMCG players are diversifying their product portfolio and focussing on products that are climate-conscious and healthy. Catching up with current trends, companies are introducing products aimed at enhancing immunity and mental health.
Major players are in an acquisition spree to expand the distribution network as well as optimizing the supply chain using technology. Major players in the retail industry are enhancing the customer experience and finding ways to keep the consumer engaged using technology like AR.
Launched recyclable toothpaste tubes intending to make their whole global toothpaste portfolio recyclable by 2025. Instead of aluminium, the new tubes will use a material made mostly of High-Density Polyethylene (HDPE)
Intends to develop a nano factory, which is a fully functional, small production line that fits totally inside a 40-foot shipping container and can be programmed and controlled remotely. The production capabilities were more flexible and agile.
Created the Virtual Ocean Control Tower, an autonomous system that uses machine learning and real-time electronic data exchange (EDI) to connect all participants in the supply chain. It provides incredibly precise real-time visibility across all sea freight operations.
AB InBev and Pluto7 developed a prototype solution that enables the optimization of beer filtration process with much greater accuracy, reducing costs, increasing efficiencies, and perhaps most importantly for beer aficionados and ensuring taste. The Pluto7 solution combines TensorFlow, Cloud Machine Learning Engine, Cloud SQL, and BigQuery.
Pepsi India’s bottler RJ Corp is leveraging IoT to maintain consistent quality control as well as prevent any undue wastage. It has embedded IoT sensors into the machinery to capture various data parameters essential to gauging quality on a real-time basis while the material is being prepared.
L’Oréal has selected Siemens‘ Teamcenter software as its corporate product data management system. It selected the PLM solution to help optimize its packaging development processes, reduce time-to-market, and improve product innovation and quality.
Key Funding Alert
Alerzo raises USD 10.5 Mn Series A to bring Nigeria’s informal retail sector online
Adewale Opaleye founded Alerzo in 2018 as a last-mile distribution platform that helps retailers stock inventory directly from manufacturers. Its business, officially launched in 2019, is centered on helping street-side vendors and shops in Nigeria’s south-western cities access household supplies quicker and efficiently. Read More>>
Company – Faculty Total Funding – USD 3 Mn HQ Location – San Francisco Bay Area, USA About: Faculty is a Modern Grooming company that creates products, routines, and habits to make skin look good. Faculty is reimagining grooming by bringing new products into the Men’s fashion & grooming ecosystem. Read More>>
Latest Reports Published in Draup
Unilever Account Intelligence Report: Unilever is focusing on an AI-powered closed-loop plastic recycling solution to combat plastic waste and design innovative packaging to encourage a more circular economy. To modernize and manage maritime freight logistics, the company is focused on upgrading its supply chain system through digital innovation. Read More>>
7-Eleven Account Intelligence Report:
7-Eleven continually looks for ways to improve product packaging by using eco-friendly materials, reducing content, and decreasing the use of plastic whenever possible. It is working hard to reduce packaging materials whenever possible without compromising product quality or safety.Read More>>
Here’s what’s new on our Sales Intelligence Platform Filter Tech Stack & Use Cases with Keyword Search
Digital Tech Stack and Use Cases filter in Universe supports keyword search
View the Certifications in Demand in the Hiring section
View the Job Type information for the job postings in the Hiring section