Tuesday, November 16, 2010

16 November 2010 - South African government to review Wal-Mart, Massmart proposal

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16 November 2010
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Global retail industry news
 
  Global Industry Watch 
 
  • South African government to review Wal-Mart, Massmart proposal
    A panel established by South Africa's government will consider how Wal-Mart Stores' proposal to acquire a large stake in Massmart Holdings will affect competition, labour relations, exchange rates and other areas of business, said Ebrahim Patel, the country's economic development minister. Wal-Mart is interested in gaining a foothold in the fast-growing continent, but is facing resistance from unions. Bloomberg (15 Nov.) , Reuters (15 Nov.) LinkedInFacebookTwitterEmail this Story
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  Retail in Europe 
 
  • Foreign retailers seek exposure in London
    Park House, the newest development on Oxford Street, has attracted foreign retailers such as Zara and Urban Outfitters who are eager to increase their exposure in London. About 95% of the development's space is already leased, a couple of years before the development is scheduled to be finished. Oxford Street is facing a shortage of open retail space, which is driving up rents. Telegraph (London) (13 Nov.) LinkedInFacebookTwitterEmail this Story
  • Germany's Lidl to enter Bulgaria
    Lidl, a German discount retailer, plans to open outlets in 11 Bulgarian cities, including Sofia, Gabrovo and Petrich. The company has been preparing to enter Bulgaria for a few years and has recently launched a logistics centre near Elin Pelin. At the beginning of this year, Lidl struck a deal to purchase the Bulgarian and Romanian operations of Plus. SofiaEcho.com (Bulgaria) (15 Nov.) LinkedInFacebookTwitterEmail this Story
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  Retail in Asia 
 
  • Germany's Adidas plans to open thousands of stores in China
    Adidas is planning a massive expansion across China. The company wants to open more than 2,500 stores in the country's smaller cities within the next five years. "We have laid out an ambitious five-year plan and expect to grow our business in Greater China by double digits each year. This will lay the foundation to regain market leadership in China by 2015," said Christophe Bezu, managing director for Greater China at Adidas. CNBC/Reuters (15 Nov.) LinkedInFacebookTwitterEmail this Story
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  E-commerce Spotlight 
 
  • UK has highest percentage of online shoppers in Europe
    About 66% of British consumers ages 16 to 74 had bought a product online within the previous year, found a survey. The E-Society report, which was produced by the Office for National Statistics, found that 64% of such consumers in Denmark and 63% in the Netherlands had also shopped online. Only 5% of Bulgarians and 2% of Romanians shopped online, according to the study. InternetRetailing.net (15 Nov.) LinkedInFacebookTwitterEmail this Story
  • Other News
This report provides a review and assessment of the strategic innovation options that CPG companies should examine. It also covers the need to develop a coherent innovation strategy across categories and platforms and for alignment with overall corporate strategy: Click here to find out more.
  Technology Solutions 
  • Vending machines suggest drinks based on buyer's age and gender
    JR East Water Business has developed vending machines that use facial-recognition technology to offer suggestions about drinks based on the buyer's age and gender. One machine is being tested at a Tokyo train station, and so far the test has gone well with sales up significantly over regular vending machines. Reuters (15 Nov.) LinkedInFacebookTwitterEmail this Story
  Spotlight on Grocery 
  • ASDA plans to create thousands of jobs in UK
    Supermarket chain ASDA is planning to create about 7,500 new positions in Britain in 2011, including about 3,500 jobs at new stores. The company also plans to bring on about 1,500 people at Netto stores, the Danish discount retail chain it acquired earlier this year. BBC (16 Nov.) , Reuters (16 Nov.) LinkedInFacebookTwitterEmail this Story
  NRF News 
  • Top 5 features consumers want from your site this holiday season
    When it comes to site features this holiday season, consumers want clear messaging on price, product description and shipping information. Based on Shop.org's eHoliday survey, which surveys pre- and post-holiday shopping expectations from shoppers and retailers, Fiona Swerdlow, head of research for Shop.org, details the top five site features consumers can't live without this season. Read more. LinkedInFacebookTwitterEmail this Story
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