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 - Hungarian retail sales up for 1st time in 41 months
Hungary's economic recovery helped retail sales increase in July, snapping a 41-month streak of declines. Sales rose 1.7% compared with July 2009, according to the Budapest-based statistics office. "Domestic demand starting to come around is a welcome sign," said Gergely Suppan, an economist at Takarekbank Zrt. "There may even be more dynamic economic growth in the second half than we previously expected." Bloomberg (22 Sep.)      - UK retailers significantly reduce food, packaging waste
From 2005 to 2009, more than 40 retailers and food makers in Britain reduced their food and packaging waste by a combined 1.2 million tons, according to a trash-reduction group. "The evidence shows that more people are now aware that food waste is an issue," said Liz Goodwin, CEO at Waste Resources & Action Programme. "More people are checking their cupboards before they shop, making lists and date labels are better understood." Bloomberg (22 Sep.)  | Recruiters from Microsoft, Starbucks, Facebook & more
Demystify the corporate recruitment process and find out what happens behind the scenes after you submit your resume. Top recruiters share tips & tools for getting your resume into the hands of hiring managers. This session and 12 more start on 10/26 during Career Summit 2010. Register today for 50% off! |
 - Indian retailers aim to expand global presence
Many Indian retailers are resisting efforts to open up the country to 100% foreign direct investment in retail. Niche retailers based in India are, however, trying to expand their international reach by establishing stores and making acquisitions overseas. Titan Industries, Atmosphere, VLCC and other retailers are looking for growth through international markets. The Economic Times (India) (23 Sep.) - Italian brand Fila re-enters India's sportswear market
Fila entered a licensing agreement eight years ago with Cravatex, giving the Italian sportswear brand a presence in India. That entry was muted, but Fila has made a second, more aggressive run at the country. Over the next three years, Fila expects to have as many as 70 stores, mostly in Tier I cities and metro areas. Business Standard (India) (23 Sep.)  | Mobile technology can provide a platform for interactive real time workforce management. Equipped with mobile devices, managers and employees can communicate seamlessly to exchange information, staff shifts and ultimately improve the customer shopping experience. Download this complimentary article to get insight on the impact of mobile technology on workforce management. |
 - Vistaprint's overseas expansion faces challenges
Online retailer Vistaprint expects global sales to be its largest driver of growth, but it acknowledges that it has faced organisational challenges as it accelerated expansion beyond the US. Vistaprint CEO Robert Keane said international sales account for more than 40% of total revenue and the company has seen a slowdown overseas. "Frankly, the [US] didn't perform as well as we would have liked in the March or June quarter," he said. "But where we saw the biggest slowdown was in the non-[US] business, predominantly in our European business, but also in Asia Pacific." InternetRetailer.com (22 Sep.)  | When the dotcom bubble burst in 2000, it took the Network Equipment Providers (NEPs) industry with it. Ten years later NEPs are experiencing resurgent growth and are finding themselves challenged by a new set of market conditions. This complimentary whitepaper explores how to survive these challenges and the next wave of consolidation among NEPs. |
 | Spotlight on Consumer Electronics |  | | | - TV, notebook popularity help drive Saudi electronics market
The Saudi Arabian market for consumer electronics devices, such as gaming products, notebook computers and LCD television sets, is projected to grow from roughly $3.8 billion this year to $4.8 billion by 2014, according to a report released by researchandmarkets.com. "Saudi Arabia is forecast to be one of the strongest economies in the MENA region going forward, and the country will continue to be a lucrative market for consumer electronics vendors," the report said. Saudi Gazette (23 Sep.) | NRF News | | | | - How workforce management can save you money
In today's challenging economy, retailers are under pressure to improve the accuracy, efficiency and productivity of their labour pool. Retail analyst Sahir Anand of the Aberdeen Group reports that best-in-class retailers are turning to workforce management to sustain positive operational performance and drive the notion of customer centricity in all parts of the enterprise. Join Anand and other retail executives for a STORES Knowledge Series webinar on 7 Oct. to hear how enterprisewide workforce management can save you money and how to design an efficient work process. Learn more.
| SmartQuote | | | |  | My sorrow, when she's here with me, thinks these dark days of autumn rain are beautiful as days can be; she loves the bare, the withered tree; she walks the sodden pasture lane."
--Robert Frost,
American poet  |
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