International Retailers Delivering the goods
Packing up our troubles in the Louis Vuitton kitbag, and stepping briskly up the gangway into our G6, it’s off to Blighty we go, where Tesco is extending its same-day grocery delivery service for online orders across the entire kingdom. Rival Sainsbury’s, by contrast, offers the service from only 30 stores. Sticking with Sainsbury’s, for the moment, the quintessential British grocer is busy assessing the ‘emotional’ and ‘functional’ connection of shoppers to the brands across the 34,000 SKUs on their shelves, and seriously putting the wind up suppliers, who fear seeing their precious properties reduced to the status of mere commodities, or worse, cleared out as dead wood. Finally, Whole Foods has turned in a tidy set of quarterlies, which must be cheering to Jeff Bezos (deposed after a recent and very brief reign as the world’s richest man) as, Borg-like, he prepares to assimilate the crunchy retailer into his Amazon empire.
Comment: So three aspects of a global retail shake-up really, that’s all.