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  | Global retail industry news |  | | |  | - Next says higher cotton prices could boost cost of clothes
Cotton prices have jumped after floods devastated Pakistan, which is one of the largest producers of the commodity, and concerns about China's crop have been raised. Next has added its voice to the chorus of retailers who have warned that an increase in cotton prices could lead to a surge in the price of clothing. BBC (15 Sep.)      - Australia's Woolworths may tap US bond market, source says
Woolworths, the largest retailer in Australia, is poised to sell $1.25 billion of US dollar-denominated bonds, a source said. Last month, the retail giant said it would sell bonds in the capital markets to repurchase $659 million of shares. Sydney-based Woolworths is estimating an increase in earnings of as much as 11%. Bloomberg Businessweek (14 Sep.)  | Gain Control of Your Most Expensive Resource
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 - Britons increasingly seek fresh, quality foods, data show
Kantar Worldpanel, a market researcher, said sales at J Sainsbury, Waitrose and Wm Morrison are getting a boost from an increasing desire among Britons to eat fresh and higher-quality foods. "While uncertainty in the economy means that value is still important, consumers are placing increasing importance on the freshness and quality of the food they buy," said Edward Garner, communications director at Kantar Worldpanel. Reuters (14 Sep.)  | ClearanceJobs recently published the 2010 Cleared Jobs Compensation Report. This year's report covers total compensation including salary, overtime, danger pay and bonuses, and is the most comprehensive survey of the defense industry. Make sure your security-cleared salary wages are in line with what cleared candidates are making these days. Get your free copy. |
 | Retail in Asia |  | | | - Japan's Lawson plans major expansion in China next year
Lawson, the second-biggest convenience store operator in Japan, plans to open roughly 130 new outlets in China next year, bolstering its capital spending to $50 million to capitalise on an increase in consumer spending. Lawson CEO Takeshi Niinami said the company plans to beef up its store count in Shanghai and Chongqing, and is considering entering Beijing, Shenyang, Chengdu and Dalian. Bloomberg (15 Sep.) - Executive continues family's retail tradition
The Filipino brand Rustan's has long been associated with class and elegance. The retailer started as a modest gift store and has grown into a conglomerate of retail companies, defining the sector in the Philippines. Anthony T. Huang, executive vice president of one of those companies, Stores Specialists, is carrying on the retail tradition his family began. Business World (Philippines) (14 Sep.)  | "Stress Management: Approaches for preventing and reducing stress" — Learn techniques to reduce the stress in your life with this special report from the experts at Harvard Medical School. 30% off the cover price and free shipping for SmartBrief readers. Click here to order in hard copy or electronic download. |
 - Debenhams reports surge in multichannel business
Debenhams said sales at its multichannel business increased more than 88% in the past financial year. The company has focused on integrating its online and in-store sales channels. "Our aim is to provide the flexibility for customers to shop in the most convenient way for each purchase," the company said. InternetRetailing.net (14 Sep.)  | Tweet, blog or comment your way to a FREE ticket!
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 | Technology Solutions | | | | - Alipay launches security, risk-control programme
Alipay.com has teamed up with major Chinese banks in an effort to protect online shoppers. The Alibaba subsidiary is rolling out a security and risk-control programme that includes enhanced source identification. For example, if the person who orders goods online is not the same as the person who is paying, the transaction won't be fulfilled. ChinaRetailNews.com (14 Sep.) | Spotlight on Luxury Goods | | | | | NRF News | | | | - The retail executive's talent checklist
A recent survey by NRF and Deloitte reveals a strong desire by retailers to improve and capitalise on the talent market, but some companies are struggling to translate talent management strategy into action. Take a peek at the study findings to view the latest in retail talent trends, what it takes to grow and retain top talent and what's included on the retail executive's talent checklist. View the study.
| SmartQuote | | | |  | It is one of my sources of happiness never to desire a knowledge of other people's business."
--Dolley Madison,
4th US first lady  |
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