November 28th, 2016
The US tradition of post-Thanksgiving shopping, named Black Friday to mark the day when retailers move from the red into the black, has caught on rapidly across the world. From South Africa to Singapore, households are embracing the promise of discounts on big-ticket items. The rise in broadband access, smart-phone social media and globalisation of […]
November 9th, 2016
Donald Trump’s unexpected victory in the US election has had an immediate effect on stock and currency markets in the USA and abroad, but once the dust has settled, what does it mean for the US economy and US consumers? Our Trump downturn scenario shows real GDP growth slowing to 0.3% in 2017, 1.8 percentage […]
October 13th, 2016
Overnight, absence of evidence has become evidence of absence. In the immediate aftermath of Brexit, there was little evidence that anything had actually happened; some consumers and newspapers said “I told you so”. Now, however, Tesco has delisted Unilever’s products after the manufacturer – Tesco’s leading supplier – requested a 10% price increase across its iconic FMCG brands. […]
October 7th, 2016
Euromonitor International has introduced a new macroeconomic scenario, mapping out likely outcomes should Donald Trump become US president. The scenario suggests US GDP would nearly stagnate in 2017. Growth over 5 years would be 4.7% less in total than currently forecasted.
August 18th, 2016
In August 2016, Samsung Corp announced the acquisition of Dacor Inc in consumer appliances. Both companies are compatible in terms of product offering as well as target consumers in the US. By acquiring Dacor, Samsung gains a number of advantages, namely leveraged brand and product strategy especially in large cooking appliances, shared production capacities and […]
August 10th, 2016
Introduction Mexican department store company El Puerto de Liverpool SAB de CV announced on August 10 that it has acquired the retail chain Suburbia from Wal-Mart de México SAB de CV for a total of Mx$19,000 million (approximately US$1 billion), pending review by Mexican regulatory agencies. The purchase ends months of speculation as to who […]
August 9th, 2016
On August 8th, 2016, Wal-Mart Stores confirmed that it is indeed purchasing Jet.com for US$3.3 billion. Wal-Mart Stores issued a press release about the acquisition. This was followed by a conference call with the media hosted by the president and chief executive officer of Wal-Mart Stores, Doug McMillon.
August 3rd, 2016
It was recently announced that Wal-Mart Stores Inc. is in discussion to acquire an up and coming US etailer, Jet.com. Jet.com seeks to revolutionize the logistics of ecommerce Marc Lore founded Jet.com just last year in July 2015. He’s known for his previous ecommerce ventures such as Quidisi.com. Jet.com raised more than US$500 million in […]
June 30th, 2016
The news that Hershey is the subject of a bid from Mondelez has certainly captured the imagination of those in the food industry.
June 24th, 2016
Uncertainty is the key challenge in regard to Brexit, and this uncertainty will contribute to falls in business and consumer confidence as well as delays to investment decisions. Exit negotiations will be protracted, with the UK unlikely to leave the EU before 2018.