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Subject:
E-TAIL360
Period: October 15, 2017 to November 15, 2017
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
 

Aldi Customers Using The Venmo Payment App Can Donate Meals To Needy

Discount grocery chain Aldi has partnered with the PayPal Venmo payment app to donate Thanksgiving meals to Feeding America. The meals are automatically donated every time a Venmo user adds a Turkey Hand Thanksgiving emoji on the payment screen. Feeding America annually provides meals to more than 46 million people through a network of 200 food banks and 60,000 food pantries and meal programs. Germany-based Aldi operates 1,700 stores in 35 U.S. states. [ Image credit: ©  Aldi ]

"Aldi Partners with Venmo for Emoji-Based Holiday Giving Campaign", Mobile Marketer, November 07, 2017

Amazon Closes Two Whole Foods Stores In UK

Online retailer Amazon said it plans to close two Whole Foods stores in the UK. Included in the shutdown list are the stores in Cheltenham, Gloucestershire, and in Giffnock, East Renfrewshire, cutting the number of Whole Foods store in the country down to seven. About 150 people work at the two stores.

"Amazon closes two UK Whole Foods stores just two months after completing its £10.7bn takeover", Telegraph, November 06, 2017

Data Analytics Platform Helps Tesco India Detect, Prevent Shopping Fraud

The Indian technology center for supermarket chain Tesco has created a platform and team that detects online and offline fraud involving its massive amounts of collected customer data. The 18-member staff is focused on combating fraud for online businesses (food and non-food), buyer-supplier collusion fraud, and employee fraud at checkout counters. The platform is programmed to detect anomalies in purchasing patterns that might indicate fraud, such as bulk purchases of products like alcohol and cigarettes.  [ Image credit: © geograph.org.uk  ]

"Tesco unit builds anti-fraud platform for online businesses", Economic Times, October 27, 2017

Upcoming GDPR Legislation Set To Have Global Impact

New General Data Protection Regulations (GDPR) are due to arrive in May 2018. GDPR will create a standardized data privacy law for EU members. It will also affect companies and individuals selling goods or services to EU citizens. The legislation will give individuals more rights to their data, including the “right to be forgotten” and asking consent for data processing. Potential fines for not adhering to the regulations can be up to $24m, or 4% of a company’s annual turnover. A recent PwC survey revealed that GDPR is a top data priority for more than 50 percent of US multinationals. [Image credit © EDPS]

"What Does the EU’s Privacy Reform Mean for US Marketers? And what Should You Do Now?", The Drum, October 05, 2017

'Supermarket' Startup Seeks To Go Storeless

Farmstead believes it can reinvent the supermarket model by eliminating its physical structure altogether. The San Francisco based startup has a series of micro-warehouses stocked with a range of local farm produce and grocery products and uses AI to predict a customer’s future needs based on their initial order. The selection is then delivered to the customer. Farmstead claims to have made over 15,000 deliveries in the Bay Area and has raised $2.8 million from venture funds.  [Image credit © Farmstead]

"Startup Believes it Can ‘Reinvent’ Supermarket Model", Supermarket News, October 05, 2017

 
Companies, Organizations  

Successful Innovators Embrace Failure

While many top executives pay li[p service to the virtues of innovation and creativity, they fear mistakes, missteps, and disappointments. Creativity and innovation disappear. People and organizations need to keep learning as the world changes, or they will stop growing and evolving. One of the reasons for the success of companies like Netflix, Amazon.com, and Coca-Cola, is that their leadership embrace failure as a learning and innovation tool. Coke CEO James Quincey, for example, recently told his executives to shed their fear of failure – remember the “New Coke” fiasco? – so they could really ramp up innovation. “If we’re not making mistakes,” Quincey said, “we’re not trying hard enough.”

"How Coca-Cola, Netflix, and Amazon Learn from Failure", Harvard Business Review, November 10, 2017

L’Oréal Paris Brings 'Beauty To Everyone' At Paris Fashion Week

At this year’s Paris Fashion Week and in pursuit of a goal to democratize beauty, L’Oréal Paris presented a 20-minute fashion show, featuring a 60-meter runway, for several thousand members of the public at Champs Elysees. The brand claims the show was aimed at real people, and included real-sized women as well as famous L’Oréal Paris ‘faces;’ Pierre-Emmanuel Angeloglou, President of L’Oreal Paris said: “This is part of our brand mission - to portray diversity, to open up the best in beauty to everyone.” The public could buy the fashion items from Printemps and Galleries Lafayette, as well as taking a masterclass to learn the secrets of the runway. Angeloglou explains that the U.S. is L’Oréal Paris’ biggest market, with China the second ...  More

"Life, Liberty and the Pursuit of Beauty: L'Oréal Paris Brings Diversity to the Runway", Forbes, October 01, 2017

These Hot Restaurants Aren’t on Maps, Only in Apps

The Wall Street Journal, November 05, 2017

Megatrend: Shopping Reinvented

Euromonitor International, October 24, 2017

Consumers  

Coke Exec: The Online Shopper Today Expects A Lot More

A Coca-Cola executive says online customers have grown impatient, demanding, and bored, as their expectations become “higher and higher” when it comes to service. Coke’s global customer director Simon Miles told a recent grocery industry meeting that companies need to up their game to meet shopper expectations, which can be summed up in one word: “free” (or close to it). That presents a lot of challenges in terms of logistics, supply chain, and products. Online grocery selling will evolve into two streams: auto-replenishment of boring but essential basics, and service-orientated ways to lure shoppers into buying products they may not have previously considered.

"Coca-Cola Global Customer Director Says Online Shopping Has Failed to Inspire Consumers", News.com.au, October 15, 2017

Marketing & Advertising  

Danone Russia Tests Selling Dairy Products Online

Danone’s Russian division has launched a test website to sell dairy and baby food products online. The Tema, Prostokvashino, Activia, and Actimel (drinkable yogurt) brands will be offered on milkdirect.ru with a minimum purchase of $8.68, and free delivery within 30 km of the Moscow Automobile Ring Road (MKAD). Industry experts say at least a thousand orders a day are required for profitability. Danone plans similar projects in the U.S. and France.

"Russia: Danone launches online store", Esmerk, November 01, 2017

Beauty Mag Retail

J. Walter Thompson Intelligence, October 19, 2017

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