Retail News Briefs – 10/9/2017
Amazon Could Open By Christmas – there is speculation that the progress by Amazon in preparing a South Dandenong warehouse, recruiting staff, and placing product orders, could mean an opening a soon as mid-October 2017. With much to learn about the Australian market, it is expected that initially Amazon will concentrate on price cutting as its key offer.
Stagnant Retail Sales In July – Australian retail sales in July went nowhere as a disappointing result in June continued to influence sales trends.
Aldi and Homewares – Aldi have always had a homewares component in their discount offer but the recent introduction of a “Style Revolution” with “upscale refinement to your home” suggests they are getting more serious about this category.
Nike’s One Hour Shoe Designs – we reported recently on Victraders about major sports shoe manufacturers using 3D printing technology to manufacture shoes. Nike are experimenting in New York with a workshop where you can select from thousands of graphics or create your own on the spot phrases and have your shoe design on your feet in one hour.
Driverless Pizza Delivery – Dominos Pizza and Ford are working together in the US to trial pizza delivery by driverless cars. In simple terms, you order your pizza online, track the delivery vehicle, and when it arrives, go out and open up the boot for your order using a unique code.
Shopping Centres Off the Market – Global private equity firm, Blackstones, has taken its retail portfolio (including Sydney’s Top Ryde and Melbourne’s Greensborough Plaza) off the market and instead will concentrate on improving the properties. Interested potential buyers included AMP and Lendlease.
Plastic Bag Ban In Queensland – from mid next year shoppers will not be able to get their purchases in single use plastic bags. The ban will include degradable and biodegradable bags.
Coles Experiments With More Delivery Options – Last week we reported on the link between Coles and Uber for home deliveries and now Coles have announced a trial with Deliveroo, the bicycle based fast food delivery service. Deliveroo have been delivering “food packs” such as BBQ essentials in Melbourne’s inner-east since earlier in the year and all with a 30 minute timeframe.
Aldi Upgrades Fresh Food Offer – Analysts are saying that Aldi’d decision to increase fresh food floor space from 15% to 25% has proved a winner as they eat into the market share of the bigger supermarket chains.