| Global retail industry news |  |
- Amazon to overhaul its international e-commerce platform
Amazon operates businesses in six countries beyond the U.S. The company plans to create "the architectural underpinnings to greatly simplify country expansions" to reach new markets. Amazon's efforts highlight online retail's globalisation. Rakuten, the largest online retailer in Japan, also has expanded by launching sites in Europe, China and the U.S. Financial Times (tiered subscription model) (28 Nov.)        | 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. |
 - Russia's X5 to accelerate expansion plans
X5 Retail Group is bolstering its plans for opening new stores as the consumer recovery continues. "X5 ... now expects to exceed its store-opening plan with 250 to 300 discounters, 20 supermarkets and 10 hypermarkets, while maintaining capital expenditure below the 18 billion ruble [$577.1 million] limit for 2010," the Russian retail group said in a statement. The Moscow News/Reuters (29 Nov.) - Dixons bets on iPads, 3D TVs for a merry Christmas
Dixons Retail, which owns Currys and PC World, is hoping that sales of Apple's iPads and 3D televisions will brighten its holiday season, although the company acknowledges that trading likely will be tough. Dixons reported a 1% increase in first-half revenues. Formerly DSG International, Dixons is two-thirds of the way through a three-year turnaround plan. Telegraph (London) (26 Nov.)  | The Rise of the Operational CFO
By Tim Beyers October 05, 2010
Finance executives are taking a greater role in shaping strategy and managing day-to-operations, and companies are benefiting as a result. |
 - Natural Beauty expands number of concept stores in China
Natural Beauty is planning to expand its network of concept stores to 100 in China by the end of the year. Natural Beauty Group CEO Zeng Xinsheng said the company's concept stores provide one-stop beauty services, breaking the traditional mold for beauty salons. Natural Beauty also has signed an agreement with Carrefour to open new concept stores in the retail giant's Chinese outlets. ChinaRetailNews.com (23 Nov.)  | Work where the work is, not where the phone is. SynJ™ from AT&T is The Small Business Phone System. See how cordless handsets, extended-range and intuitive navigation make SynJ the productivity booster your business needs. View the SynJ demo now. |
 - Silvio Santos reportedly is keen to sell its Brazilian retail chain
Brasil Economico reported that Grupo Silvio Santos is preparing to sell Bau da Felicidade, a Brazilian retail chain. However, Jose Roberto Prioste, retail director at Silvio Santos, refuted the report, saying the company is not trying to sell, but that if it receives an "irrefutable" offer, then "everything is negotiable". Bloomberg (26 Nov.)  | 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. |
 | E-commerce Spotlight |  | | | - Visa expects "mega Monday" to be biggest UK online shopping day
Visa estimates that UK consumers will spend £265 million online today, making it the busiest e-commerce day of the year. "The combination of monthly salaries being paid and people taking delivery times into consideration should combine to deliver a record day for Internet shopping," said Steve Perry, Visa Europe commercial director. Bloomberg (29 Nov.) | Spotlight on Mass Merchandise | | | | - Wal-Mart makes bid for 51% of South Africa's Massmart
Wal-Mart has offered 16.5 billion rand for a 51% stake in Massmart, a retail giant based in Johannesburg, South Africa. The price per share is the same as that made by Wal-Mart in September, but is for a majority holding rather than full control of the retailer. "The due diligence effort we have conducted over the last eight weeks has underlined our confidence that this is a compelling combination that will create significant value for both companies, and we look forward to participating in the regulatory process to complete this acquisition," said Andy Bond, an executive vice president at Wal-Mart. Business Day (South Africa) (29 Nov.) , Bloomberg (29 Nov.) - Metro to sell Moroccan business, might shed other units
Germany-based Metro's eight cash-and-carry stores in Morocco are being acquired by a Carrefour franchisee, Label'Vie, for €120 million. "This market exit also demonstrates that we are consistently benchmarking our country portfolio against earnings targets and will not hesitate to also make severe cuts," said Joel Saveuse, chief executive of Metro Cash & Carry Europe. Metro also indicated that it might sell other underperforming divisions as it aims to improve retail margins. Reuters (22 Nov.) | NRF News | | | | - Cyber Monday: a "bona fide phenomenon"
After nearly a decade of watching online sales spike the Monday after Thanksgiving, even the staunchest doubters can see that the Cyber Monday phenomenon lives -- not only in the US, but across the globe. Shop.org's Joan Broughton shares the story of how the term "Cyber Monday" came to be and what it means to retail now. Read more.
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