Walmart continues rapid supply-chain automation with two high-tech centers in the US

Key Signals in Retail and Consumer Goods

Centre Setup and Expansion
Walmart will build two new high-tech facilities in Lancaster 
Two new high-tech facilities will come up in the Dallas-Fort Worth area to support the retailer’s growing supply chain automation network. Forty percent of the new jobs created will require STEM skills to support technical positions. Read More>>
Ikea Pasay City in Manila set to become the world’s largest Ikea store
The 67,760sq m store is located next to the Mall of Asia and spans five stories with two floors dedicated to retail activities and the remaining floors earmarked for stocks and e-commerce operations. Read More>>
Deals and Deal Renewal
DoorDash now delivers household essentials from Dollar General 
Customers can order household items, including snacks and cleaning supplies, from more than 9,000 Dollar General locations across the US. DoorDash claims it will deliver most orders in under an hour. Read More>>
Coty adds ultra-premium skincare brand Orveda to Prestige Portfolio 
The diversity-owned haute-professional skincare combines the best of nature with cutting-edge biotechnology and dermatological benefits to help consumers achieve a healthy skin glow that rivals makeup. Read More>>
Nestle is teaming up with a vegan startup to develop meatless chicken wings with realistic skin, bones 
The partnership is part of a USD 4 Bn funding round for the San Francisco-based meat substitute company. The global meat substitute market is slated to reach USD 23.2 Bn by 2023. Read More>>
Kaufland adds Shopify to its network of partners  
The move will allow Shopify retailers to expand their sales channels by gaining simple and direct access to, one of the fastest growing online marketplaces in Germany. Read More>>
Mergers and Acquisitions
Flipkart forays into the healthcare sector 
The Flipkart Group on announced its foray into the healthcare sector through the launch of Flipkart Health+. The Group has signed definitive agreements to acquire a majority share in Sastasundar Marketplace Ltd, which owns and operates, an online pharmacy, and digital healthcare platform. Read More>>
Carlyle acquires major coffee chain operator in S. Korea
Carlyle will leverage its consumer and retail industry expertise, global network, and resources to further strengthen the A Twosome Place brand, optimize its store footprint, and enhance its product offerings and marketing capabilities. Read More>>
Executive Movement
Canopy Growth Corporation announces strategic changes to its Executive Management Committee 
Mike Lee, Executive Vice President, and Chief Financial Officer, and Rade Kovacevic, President, and Chief Product Officer, will be stepping down from their respective roles on the Executive Management Committee. In the interim, they will serve in an advisory capacity to support transition. Read More>>
PepsiCo appoints Ram Krishnan as CEO, International Beverages and Chief Commercial Officer
Krishnan, a 15-year PepsiCo veteran, will focus on driving accelerated growth for the International Beverages business, including the company’s international franchise bottlers, with an end-to-end focus on brand-building, innovation, supply chain, digitalization, talent, and sustainability. Read More>>

Latest Industry Insights from Draup Braindesk

Food and Beverages: Food & Beverages is the crucial sector in the Fast-moving consumer goods industry, contributing nearly ~50% of the market business.


  • The global food and beverages market is expected to grow from USD 6690.84 Bn in 2020 to USD 7532.01 Bn in 2023 at a compound annual growth rate (CAGR) of 3.0%  

  • The food and beverages market comprises sales of beverages, pet food, and tobacco products by entities (organizations, sole traders, and partnerships) that produce drinks, food, pet food, and tobacco products 

Major Trends: 

Supply chain transparency 

Consumers want to know everything about the product’s provenance and the manufacturing process. It has compelled companies to improve supply chain visibility to retain the customer base. With the farm-to-table movement, consumers can know where the product has been sourced and under what conditions. 

Innovative packaging 

Most customers buy what they see. It makes packaging an integral component of the food and beverage industry. Companies not only need to grab the retail shelf space but also entice customers to buy their products. Hence, they must find creative, innovative, and sustainable ways of packaging to develop their packaging designs 

Food safety 

Food producers are mostly using blockchain and other Internet of Things (IoT) technologies to track the handling of food ingredients and finished products throughout the value chain. Blockchain additionally provides improved traceability in the case of a recall or other safety issue 

Industry 4.0 technologies 

Food & Beverages manufacturers are moving toward “smarter” operations that increase supply chain and manufacturing efficiencies. IoT technologies include sensors that gather data on machine performance through cloud-based software programs. 

Key Funding Alert

Zomato co-founder’s startup raises USD 6 Mn in a seed round led by Flipkart founder 
Mindhouse was founded in late 2019 by Pooja Khanna and Pankaj Chaddah. Pooja Khanna was a part of the early core team at Zomato from 2011 for nearly eight years, whereas Pankaj Chaddah co-founded Zomato in 2008 and worked with the food-tech firm till 2018. Read More>>

Startup Spotlight

Company –  Smytten 
Total Funding – USD 9 Mn
About: Smytten is an online discovery platform for premium products & services. Smytten also offers assisted shopping, and for the more advanced shopper, customised offers and ability to build their own wishlist for regular purchases. Read More>>
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