Thursday, October 14, 2010

14 October 2010 - Retailers take terrorism threats seriously

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14 October 2010
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Global retail industry news
 
  Global Industry Watch 
 
  • Retailers take terrorism threats seriously
    Retailers around the world take the threat of terrorism seriously by preparing their stores, distribution centres and corporate offices for a possible incident. NRF is working with the US Department of Homeland Security to increase awareness of possible threats. "They happen, and we are a resilient industry, however the threat of harm to our employees, customers and service providers is real and must be addressed," writes Joe LaRocca in this blog posting. NRF Blog (13 Oct.) LinkedInFacebookTwitterEmail this Story
 
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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 25% off!
  Retail in Europe 
 
  • Argos gives Dear Santa letters a 21st century update
    Argos, the leading seller of toys in the UK, is encouraging children to browse its website and choose the items they desire rather than writing a letter to Santa. Argos' Christmas Wish List website launches this week with thousands of toys on display. The idea is that children will click on up to 30 items and the list will be sent to Santa, although it's actually sent to the parents. Telegraph (London) (13 Oct.) LinkedInFacebookTwitterEmail this Story
  • Other News
In any industry, operational excellence revolves around key business outcomes including productivity, cost control, and quality of service. For retailers, all of these outcomes are highly, if not entirely, dependent on the quality of the workforce and how it is managed. Find out what challenges retailers are facing, and what a workforce management solution can do for your bottom line.
  Retail in Asia 
  • Tesco to source products from South Korean companies
    UK-based Tesco, one of the largest retailers in the world, announced that it plans to capitalise on the free-trade agreement between South Korea and the European Union by selling goods made by small and midsized enterprises in Korea. "Not only can our small and midsized enterprises now export to the massive EU market at a competitive price, they can actively [utilise] the brand power of Tesco," said Lee Seung-han, chairman of Tesco's Korean affiliate Homeplus Group. JoongAng Daily (South Korea) (14 Oct.) LinkedInFacebookTwitterEmail this Story
  E-commerce Spotlight 
  • Tips, tools help online fashion retailers boost sales
    Fashion retailers have room to improve the "touch and feel factor" of their websites to strengthen their identity and bolster sales, research shows. Online shopping gives consumers a less stressful way to peruse retailers' offerings, but some decline to make purchases because they are unable to actually touch or try on clothing and accessories, according to research by GSI Commerce. "On the positive side, there are means that are emerging that help retailers get around shoppers' uncertainties, such as better quality photography, the ability to highlight different colours, and tools to 'build a look'," said Hosein Moghaddas of GSI Commerce. MarketingWeek.co.uk (U.K) (free content) (13 Oct.) LinkedInFacebookTwitterEmail this Story
  • ASOS reports 47% surge in quarterly sales
    ASOS, a UK-based online fashion retailer, said second-quarter sales soared 47% and that it is on track to meet its profit forecasts for the full year. Analysts, however, were disappointed that ASOS did not lift its profit expectations. ASOS Chief Executive Nick Robertson said the company's major growth potential comes from overseas markets. The company is expected to venture into a major Asian market next. Reuters (14 Oct.) LinkedInFacebookTwitterEmail this Story
  Spotlight on Consumer Electronics 
  • Australian consumers grab big-screen TVs as prices fall
    Consumers in Australia are taking advantage of the strengthening of their dollar and the drop in the price of big-screen televisions. The price of high-end TVs has fallen considerably over the past four years, and they are now packed with increasingly advanced technologies. "I can't think of a better time in Australia to buy a flat panel TV," said Jan Ergen, Sony product manager TV. "You walk into a retailer now and you are going to walk out with much more bang for your buck." The Herald Sun (Melbourne, Australia) (14 Oct.) LinkedInFacebookTwitterEmail this Story
  • Other News
  NRF News 
  • Deadline to submit session ideas for NRF LP conference extended to 25 Oct.
    NRF is looking for motivating and intriguing retail speakers willing to share their loss prevention challenges and success stories at the 2011 NRF Loss Prevention Conference & EXPO, 13 to 15 June in Dallas. Suggested topics include fighting online fraud, enhancing global security, combating organised retail crime and business continuity programmes. The proposal submission deadline has been extended to 25 Oct. Learn more. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
I am glad that I paid so little attention to good advice; had I abided by it I might have been saved from some of my most valuable mistakes."
--Gene Fowler,
American journalist, author and dramatist


 
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