The retail ecosystem apocalypse - 11 Feb 2019
By Lauren Hartzenberg, Retail Editor (@Biz_Retail)In this week's top contributor news, Alan Knott-Craig looks into the factors upending the retail ecosystem, and how to confront the inevitable change. While Jainita Khatri explores the brands that are leading, challenging and exploring in 2019.
In FMCG news, Clover received a buyout offer from the newly-formed consortium called Milco, which has plans to delist the dairy business from the JSE and expand it across sub-Saharan Africa. Sea Harvest has entered into a bid to buy up Australian subsidiary Mareterram, and Nestlé will accelerate its journey to reach full supply chain transparency by disclosing its list of suppliers alongside a variety of data of its 15 priority commodities.
In retail marketing, Woolworths has pulled its #LoveAlwaysWins Valentine's Day campaign following social media outrage, and Coca-Cola will be terminating its nationwide Share a Coke activation at the end of February as a result of one of its cans with the XiTsonga word: "Xitombo" (vagina) printed on it having gone viral on social media.
Until next week!
Lauren Hartzenberg
Retail Editor: Bizcommunity.com
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