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   | Global retail industry news |  | | |  | - Tesco plans to open chain of franchise convenience stores
Tesco has been testing its idea of franchise convenience stores in South Korea, opening 18 locations with costs and subsequent profits split between the retail giant and franchisees. The move is a strategy shift for Tesco. Philip Clarke, head of Tesco's international operations, is poised to become CEO next year. "We have got an obligation to the communities that we serve," Clarke said. "Some of those communities feel threatened because they feel that the arrival of modern, organised retail means that other small retailers close. This is a great way of helping them find another opportunity." Telegraph (London) (13 Sep.)        - Luxury brands turn focus to status-conscious parents
Gucci, Burberry Group and other luxury brands are turning their attention to status-conscious parents by offering high-end products for children. Burberry CEO Angela Ahrendts said the company could bolster its sales of children's wear as it adds to its eight standalone stores for children. "There is excellent potential for children's wear across retail and wholesale channels, including e-commerce where sales are particularly strong," Ahrendts said. Bloomberg (14 Sep.) - Country Road splits with new CEO John Cheston
John Cheston, chief executive at Country Road, has left the upmarket fashion retailer after just two months in the position, citing "irreconcilable differences" with the company's board. "The situation is regrettable but the board is unanimously of the view that this is the best course of action to maintain the momentum and future growth of the business," said Country Road Chairman Simon Susman. "Our operating strategies remain unchanged." The Age (Melbourne, Australia) (13 Sep.)  | Blue-Collar millionaire on Facebook marketing
Discover how a small business can attract new customers & build loyalty using Facebook. Inc. magazine's blue-collar millionaire and successful restaurateur Nick Sarillo shares how he & his staff made Facebook marketing a valuable part of their promotional strategy. 50% discount ends 9/16 — register now! |
 - Apple to sell Wi-Fi versions of iPad in China
Five months after launching in the U.S., Apple said it will start selling the Wi-Fi models of its iPad tablet computer in China on Friday. The move is the company's latest effort to expand its retail offerings in China, a market the tech giant has long neglected. Apple also plans to launch 25 new stores in China by the end of 2011. The Wall Street Journal (13 Sep.) , Xinhuanet.com (China) (14 Sep.) - GOME agrees to sell billions worth of products for Samsung
GOME Electrical Appliances Holding has reached a deal with Samsung Electronics to sell $4.43 billion worth of the latter's products in China in two years. The agreement, which covers home appliances, mobile phones, notebook computers and other products, makes GOME the largest Chinese sales channel for Samsung. Reuters (13 Sep.)  | "How to Become an Authentic Speaker"
For many managers, public speaking is an essential but gut-clenching responsibility. In this Harvard Business Review article, communications coach Nick Morgan offers advice for overcoming stiff, stilted presentations. Improve audience response with this concise article. Order a print copy or PDF download. |
 | E-commerce Spotlight |  | | | - Column: Amazon uses deft maneuvering to keep its edge
Columnist Inder Sidhu says Amazon can tout its "transformational business computing platform", a sold-out electronic gadget and a savvy idea for viewing television and films. As the largest online retailer in the world, however, Amazon has plenty of rivals and companies that would like to take a piece of it. To keep its competitive advantage, Amazon has become agile and used innovative thinking. Forbes (13 Sep.) | Technology Solutions | | | | - Online retailers use Overlay.TV to become interactive
Overlay.TV is a Canadian company that allows Internet users to interact with videos. Giorgio Armani has turned to Overlay.TV to allow consumers to choose clothes and share outfits and style tips with friends via social-networking sites. "Shopping online and off is still very much a social experience," said Patrick Doddy, senior vice president and brand director with Armani Exchange. "So giving our customers a chance to see new trends, get style tips from industry experts, and share this with their friends is an easy and natural extension of their online behaviour. It's important to us to evolve." The Vancouver Sun (British Columbia)/Postmedia News (13 Sep.) - MasterCard continues to improve payment technology
MasterCard has enabled money transfers from smartphones and is laying the ground work for global online shopping. The company has partnered with an international e-commerce shopping firm called Borderlinx to allow cardholders to access online retailers in different countries. Bank Technology News (01 Sep.) | Spotlight on Grocery | | | | - Australian supermarkets aim to lure the health-conscious
Coles and Woolworths are shifting strategies to allocate more space to fresh foods, including dairy, fruit and vegetables, meat and baked goods, to appeal to health-conscious consumers who do not have a lot of time to spend shopping. Woolworths' newly unveiled supermarket format devotes about a third of its floor space to fresh foods. Previously, 20% was allocated for fresh categories. Coles is making similar moves. The Australian (13 Sep.) | NRF News | | | | - Taking POS beyond the store
POS may be the foundation of your in-store system, but its true value can extend far beyond the store by delivering customer specific promotions, improving access to inventory and boosting transaction efficiency. Join a STORES Knowledge Series webinar on 30 Sept. to hear executives from Zumiez, AMR Research and Epicor Software Corp. share tips for fully applying POS capabilities and integrating them across all business channels. Learn more.
| SmartQuote | | | |  | Do not fear mistakes. You will know failure. Continue to reach out."
--Benjamin Franklin,
American author, statesman and inventor  |
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