Grocery retailer Aldi will use the How2Recycle label across all exclusive brand products in the next two years. The How2Recycle label will empower Aldi shoppers to recycle better by making it easy to decipher which package can be recycled, and if they need to take any special steps to prepare the package for recycling, the company says. Aldi says that its commitment to using the labels is one part of its broader goal to reduce the amount of waste sent to landfills by recycling equipment batteries and cardboard, paper, plastic film and foil from all stores and warehouses. Because most of its products - more than 90% - are Aldi-exclusive brands, the company has a greater influence over its own supply chain, including how products are sourced, produced and delivered to its stores, the company says. The How2Recycle label is the only US-based recycling label that is standardized across all packaging types and is the only label to offer comprehensive instructions on packaging recyclability in an easy to understand format, according to the company. Thousands of name brand products already use the label and it can be found in retailers in hundreds of stores across the country.
US: BJ’s adds PayPal online payment
BJ’s Wholesale Club has introduced PayPal payment in its latest enhancement for online customers. The warehouse club chain said that it has integrated the PayPal and PayPal Credit services, which enable BJ's members shopping on BJs.com to pay for their entire virtual cart seamlessly and securely, without having to enter card credentials. Another new checkout option is PayPal One Touch. Providing an automatic login, PayPal One Touch allows BJs.com customers using the same device and browser to pay for their items without having to enter an email address or password.
US: Walmart turns to blockchain to ease package delivery woes
With delivery being one of the most challenging aspects of online retail, Walmart is looking to solve the puzzle, one blockchain patent at a time. On July 5 the Bentonville, Arkansas-headquartered big-box retailer was awarded a patent detailing an invention focusing on the delivery of packages as well as scheduling the delivery of these packages. Titled ‘Delivery Reservation Apparatus and Method” the patent which was filed early last year talks of delivery hubs (locker docking station) which use a public ledger to determine available capacity and make reservations.
US: Weis Markets offers better mobile experience via upgraded wireless infrastructure
Mid-Atlantic grocer Weis Markets is optimizing its mobile environment across all stores by employing a secure, high-performance wireless infrastructure. When partnering with Aruba, a Hewlett Packard Enterprise company, Sunbury, Pa.-based Weis Markets sought to ensure that its 23,000 store associates and 1,000 distribution and headquarters associates could purchase, inventory, select and place the correct products on store shelves. The company also aimed, from a sales and service perspective, to offer better in-store mobile experiences for customers, adopt more sophisticated app services (such as push notifications for offers), and gain insights into customers' behavior and needs using the new grocery technology.
Italy: Nova Coop adds in-store nutritional advice service
Nova Coop, which is based in the Piedmont region, has launched a free in-store nutritional advice service at three Ipercoop hypermarkets in Chieri, Collegno and Turin. Expert dieticians will help shoppers choose products and foods that respond to their hygiene and nutrition needs, while also providing expert advice on health and wellness. Coop said to support the service’s introduction it was collaborating with the University of Turin’s School of Medicine, which is providing training.
India: BigBasket targets $1bln gross sales run rate by end of fiscal year
Bengaluru-based BigBasket is aiming to touch a $1bln (₹6,865 crore) gross sales run rate by March 2019, as it prepares for an intense battle against Walmart and Amazon. “We will hit the ₹300-crore mark in September and ₹500-crore in March (2019). Everything in the organization is gearing up towards these two numbers,” said Hari Menon, co-founder and chief executive of BigBasket.
UAE: ENBD REIT opens Souq Extra Retail Centre in Dubai Silicon Oasis
ENBD REIT (CEIC) Limited, the Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management Limited, has opened the Souq Extra Retail Centre in Dubai Silicon Oasis, at a ceremony attended by the REIT’s Chairman, Tariq Bin Hendi, and Saleh Saeed, Chairman of Souq Extra. ENBD REIT acquired Phase 1 of the development in December 2017, with 100% occupancy including blue chip tenants Carrefour Market, KFC, McDonald's and Starbucks. ENBD REIT acquired the community retail centre at a gross yield of 9.9% and net yield of 8.0%. Phase 1 has 36,000 sq ft of gross leasable area comprising 42 fully-let retail units. The REIT has also agreed terms to acquire Phase 2 of the development on completion in the last quarter of 2018, at an 8.0% net yield. Phase 2 will comprise a 77,000 sq ft expansion with a floating glass roof utilizing sculptural and geographic forms to create a natural light environment transitioning between day and night atmospheres.
Ocado, the online supermarket and technology company, reported a 13.9% fall in first-half core earnings, reflecting a step-up in investment in the business. It said it expected earning trends to improve in the second half of the year however and it also maintained its forecast for retail revenue growth of 10-15% for the full 2018 year, assuming economic conditions remain broadly stable. The group, whose share price has soared 256% over the last year on the back of four major overseas partnership deals, made earnings before interest, tax, depreciation and amortisation (EBITDA) of 38.9mln pounds ($51.5mln) in the 26 weeks to June 3.
CBRE estimates that approximately 460,000 sqm of new retail space will be commissioned in Poland in 2018, or 27% more than last year. CBRE experts have identified five important trends: shopping malls as social centers; convenient shopping in small spaces; renovation and modernization; multifunctional projects; and “showrooming” and “webrooming.” Customers often visit stationary stores to try out a product and then purchase on the internet (showrooming). On the other hand, sellers, through personalized customer service, try to encourage customers to make a purchase in their traditional store (webrooming) after seeing the product online.
Asda names new delivery vans in honour of England heroes
A fleet of home shopping vans delivering groceries from Asda’s newest home shopping centre in Dartford have been named in honour of England’s World Cup heroes ahead of the three lions first semi-final appearance in 18 years. Colleagues at the new 115,000 sq foot Dartford home shopping centre seized the opportunity to name the fleet after watching England march into the semi-finals on the same day the new fleet of vehicles arrived at the newly opened facility, which employs over 300 people. The vans named: Pickford, Walker, Stones, Maguire, Trippier, Young, Henderson, Alli, Lingard, Sterling and Kane are now ready for kick off and will be bringing groceries to homes across London.