Executive Summary

• This week, our Hong Kong FBIC Global Retail & Technology team held a well-attended Disruptors cocktail party at the Hive meeting area in our Hong Kong headquarters
• US supermarket chain Kroger will acquire Roundy’s, in a deal is valued at about $800 million, which will enable Kroger to benefit from Roundy’s small but successful grocery chain, Mariano’s
• UK grocery retailer Asda launched a new click-and-collect service on November 11 called ToYou, which allows customers to collect and return—at any Asda store—orders placed with third-party retailers
• Amazon launched Prime Pantry in the UK on November 13, which allows Amazon Prime customers to fill a 20 kg box with items chosen from a range of 4,000 everyday essentials and have them delivered for a flat £2.99 delivery fee (US$4.54)