Global Re­tail­ers Aim at Higher Rev­enues Through Partnerships, JVS, M&AS

The or­gan­ised global retail in­dus­try is head­ing to­wards a phase of con­sol­i­da­tion marked by partnerships, merg­ers and ac­qui­si­tions. In this grow­ing M&A land­scape, re­tail­ers are seek­ing suc­cess by har­mon­is­ing their in­fra­struc­ture. Merg­ing re­tail­ers are hopi

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Nestlé Gets Per­pet­ual Rights to Mar­ket Star­bucks Con­sumer Pack­aged Goods

Nestlé and Star­bucks Cor­po­ra­tion an­nounced the clos­ing of the deal grant­ing Nestlé the per­pet­ual rights to mar­ket Star­bucks Con­sumer Pack­aged Goods and Food­ser­vice prod­ucts glob­ally, out­side of the com­pany’s cof­fee shops. Through the al­liance, the two com­pa­nies will work closely to­gether on the ex­ist­ing Star­bucks range of roast and ground cof­fee, whole beans as well as in­stant and por­tioned cof­fee. The al­liance will also cap­i­tal­ize on the ex­pe­ri­ence and ca­pa­bil­i­ties of both com­pa­nies to work on in­no­va­tion with the goal of en­hanc­ing its prod­uct of­fer­ings for cof­fee lovers glob­ally.

“This part­ner­ship demon­strates our growth agenda in ac­tion, giv­ing Nestlé an un­par­al­leled po­si­tion in the cof­fee busi­ness with a full suite of in­no­va­tive brands. With Star­bucks, Nescafé and Ne­spresso we bring to­gether the world’s most iconic cof­fee brands,” said Mark Sch­nei­der, Nestlé CEO. The agree­ment sig­nif­i­cantly strength­ens Nestlé’s cof­fee port­fo­lio in the North Amer­i­can premium roast and ground and por­tioned cof­fee busi­ness. It also un­locks global ex­pan­sion in gro­cery and food­ser­vice for the Star­bucks brand, uti­liz­ing the global reach of Nestlé.

Pep­sico En­ters into Agree­ment to Ac­quire So­dastream In­ter­na­tional Ltd.

Pep­sico, Inc. and So­dastream In­ter­na­tional Ltd. an­nounced that they have en­tered into an

agree­ment un­der which Pep­sico has agreed to ac­quire all out­stand­ing shares of So­dastream for US $144.00 per share in cash, which rep­re­sents a 32 per­cent premium to the 30-day vol­ume weighted av­er­age price.

“Pep­sico and So­dastream are an in­spired match,” said In­dra Nooyi, Pep­sico Chair­man and CEO. Daniel Birn­baum, So­dastream CEO and Di­rec­tor said, “To­day marks an im­por­tant mile­stone in the So­dastream jour­ney. It is val­i­da­tion of our mis­sion to bring healthy, con­ve­nient and en­vi­ron­men­tally friendly bev­er­age so­lu­tions to con­sumers around the world. We are hon­ored to be cho­sen as Pep­sico’s beach­head for at home prepa­ra­tion to em­power con­sumers around the world with ad­di­tional choices. I am ex­cited our team will have ac­cess to Pep­sico’s vast ca­pa­bil­i­ties and re­sources to take us to the next level. This is great news for our con­sumers, em­ploy­ees and retail part­ners world­wide.”

Pep­sico’s strong dis­tri­bu­tion ca­pa­bil­i­ties, global reach, R&D, de­sign and mar­ket­ing ex­per­tise, com­bined with So­dastream’s dif­fer­en­ti­ated and unique prod­uct range will po­si­tion So­dastream for fur­ther ex­pan­sion and break­through in­no­va­tion. The trans­ac­tion is an­other step in Pep­sico’s Per­for­mance with Pur­pose jour­ney, pro­mot­ing health and well­ness through en­vi­ron­men­tally friendly, cost-ef­fec­tive and fun-to-use bev­er­age so­lu­tions.

Crocs to Out­source Man­u­fac­tur­ing of Clogs, Other Footwear

Colorado-based footwear com­pany Crocs Inc is clos­ing com­pany-owned man­u­fac­tur­ing plants in Italy and Mex­ico by year’s end and re­plac­ing its chief fi­nan­cial of­fi­cer. Ac­cord­ing to a PTI re­port: The com­pany an­nounced the out­sourc­ing of ad­di­tional man­u­fac­tur­ing and the clo­sure of a dis­tri­bu­tion fa­cil­ity in Mex­ico Tuesday while re­port­ing a se­cond-quar­ter profit of US $30.4 mil­lion, or 35 cents per share. Crocs is also clos­ing less pro­duc­tive retail stores as leases ex­pire and fo­cus­ing more on on­line sales. Ex­ec­u­tive Vice Pres­i­dent Car­rie Teffner will leave the com­pany by next April, but is step­ping down as CFO on Au­gust 24. Anne Mehlman, a for­mer Vice Pres­i­dent of cor­po­rate fi­nance for Crocs and cur­rent CFO of Zap­pos, will take over as CFO.

Star­bucks And Alibaba Group En­ter into Strate­gic Part­ner­ship In China

Star­bucks Cof­fee Com­pany and Alibaba Group Hold­ing Ltd. has an­nounced a deep, strate­gic ‘New Retail’ part­ner­ship that will en­able a seam­less Star­bucks Ex­pe­ri­ence and trans­form the cof­fee in­dus­try in China.

Col­lab­o­rat­ing across key busi­nesses within the Alibaba ecosys­tem, in­clud­ing Ele.me, Hema, Tmall, Taobao and Ali­pay, Star­bucks an­nounced plans to pilot de­liv­ery ser­vices be­gin­ning Septem­ber 2018, es­tab­lish ‘Star­bucks De­liv­ery Kitchens’ for de­liv­ery or­der ful­fill­ment and in­te­grate mul­ti­ple plat­forms to co-cre­ate an un­prece­dented vir­tual Star­bucks store – an un­par­al­leled and even more per­son­al­ized on­line Star­bucks Ex­pe­ri­ence for Chi­nese cus­tomers. The an­nounce­ment marks a his­toric mo­ment as two iconic, global com­pa­nies build on their dis­tinct retail and tech­nol­ogy strengths to rev­o­lu­tion­ize the cus­tomer ex­pe­ri­ence. Lev­er­ag­ing the Alibaba ecosys­tem and New Retail in­fra­struc­ture, Star­bucks will be able to fur­ther unify a seam­less Star­bucks Ex­pe­ri­ence be­tween its stores and on­line for cus­tomers.

“Thanks to the el­e­vated cus­tomer ex­pe­ri­ence de­liv­ered by our over 45,000 part­ners, Star­bucks is grow­ing and in­no­vat­ing faster in China than any­where else in the world,” said Kevin John­son, Pres­i­dent and Chief Ex­ec­u­tive Of­fi­cer, Star­bucks Cof­fee Com­pany.

The strate­gic part­ner­ship is part of Alibaba’s broader New Retail push, which aims to trans­form how com­merce is con­ducted by merg­ing on­line and off­line ex­pe­ri­ences. New Retail was in­tro­duced by Alibaba in 2016 and has since be­come a hall­mark strat­egy of the retail in­dus­try.

Kroger Launches Directto-cus­tomer E-com­merce Plat­form Ship

The Kroger Co. has an­nounced the in­tro­duc­tion of Kroger Ship, its new di­rect-to-cus­tomer e-com­merce plat­form.

“Kroger Ship is our next step in cre­at­ing a seam­less ex­pe­ri­ence that al­lows our cus­tomers to shop when and how they want,” said Yael Cos­set, Kroger’s Chief Dig­i­tal Of­fi­cer. “Our new ser­vice is just one more way we are re­defin­ing the cus­tomer ex­pe­ri­ence as part of Re­stock Kroger, bring­ing more con­ve­nience and op­tions to shop­pers across Amer­ica. Kroger Ship com­ple­ments and joins our 2,800 gro­cery stores, 1,250 curb­side pickup lo­ca­tions, and de­liv­ery ser­vice from 1,200 lo­ca­tions.”

Kroger Ship is launch­ing in four mar­kets: Cincin­nati, Hous­ton, Louisville, and Nashville. The re­tailer an­tic­i­pates quickly rolling out the ship ser­vice to ad­di­tional mar­kets over the next few months. Dur­ing the first phase of Kroger Ship, cus­tomers can shop from a cu­rated se­lec­tion of 4,500 our brands prod­ucts, which are not avail­able any­where else on­line, and more than 50,000 cen­teraisle gro­ceries and house­hold essen­tials that mat­ter the most, in­flu­enced by 84.51° data and in­sights.

The ser­vice of­fers com­pet­i­tive ecom­merce pric­ing and fast and free doorstep de­liv­ery by a pack­age car­rier on or­ders over US $35, oth­er­wise ship­ping is US $4.99 per or­der. Ship cus­tomers will ex­pe­ri­ence ex­clu­sive money-sav­ing op­por­tu­ni­ties, in­clud­ing promo codes and pric­ing deals along with the con­ve­nience of a set-and­save sub­scrip­tion model. Dur­ing the launch phase, cus­tomers will re­ceive free ship­ping—no min­i­mum pur­chase re­quired—and 15 per­cent off their or­der with a one-time-use promo code.

“Kroger is build­ing on our ex­pan­sive lo­gis­tics and ful­fill­ment in­fra­struc­ture to sup­port the rapid roll­out of Ship,” said Frank Bruni, Vice Pres­i­dent of Sup­ply Chain and Pro­cure­ment. “With the sup­port of Our Brands, and Kroger’s man­u­fac­tur­ers and sup­pli­ers, our vi­sion is to build a seam­less e-com­merce sys­tem that of­fers our cus­tomers an ev­er­grow­ing num­ber of prod­ucts and al­lows Kroger to ship na­tion­wide, serv­ing Amer­ica through food in­spi­ra­tion and up­lift.”

Leonardo Dicaprio In­vests in Sus­tain­able Footwear Brand All­birds

Ac­tor Leonardo Dicaprio’s lat­est in­vest­ment will help in mak­ing sus­tain­able, ecofriendly fash­ion more main­stream with his sus­tain­able footwear com­pany ‘All­birds.’

The en­vi­ron­men­tally con­scious ac­tor has been ac­tive to­wards the bat­tle against cli­mate and en­vi­ron­men­tal changes, and has now in­vested in an eco-friendly footwear com­pany, re­ports Peo­ple.com

“Cre­at­ing sus­tain­able con­sumer prod­ucts re­quires a deep com­mit­ment from brands that un­der­stand the role they have in help­ing solve our en­vi­ron­men­tal cri­sis,” Dicaprio said in an ex­clu­sive state­ment.

Dicaprio, 43, do­nated US $1 mil­lion to help pro­tect marine life in Sey­chelles from his foun­da­tion, and in the year 2017, he an­nounced that his foun­da­tion would be do­nat­ing a US $20 mil­lion grant to help com­bat cli­mate change.

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