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  | Global retail industry news |  |
- Major retailers expand international delivery
Hennes & Mauritz, Zara, Amazon.com, Gap and other major retailers are expanding international delivery through their online channels to tap into an increase in global demand. Marks & Spencer Group and other retailers have said they plan to do the same. Globally, online sales are expected to account for more than $200 billion in retail sales, according to Euromonitor research. Bloomberg (12 Dec.)       - Fast Retailing aims to open 200 Uniqlo stores in US
Over the next decade, Japan's Fast Retailing plans to open hundreds of Uniqlo stores in the US. "The United States is one of the most important markets for us," said Shin Odake, CEO of Uniqlo's US division. "We want to become the number one retailer in the world." Fast Retailing is planning to launch its second US location next year on Fifth Avenue in New York. Bloomberg (10 Dec.)  | Discover the 'Future of Sustainable Household and Laundry Care Packaging'. Covering home and laundry care, it outlines the major drivers and inhibitors of sustainable packaging mostly from a consumers' perspective. Find out more: |
 - UK retailers: Looming VAT increase spurs buying now
Retailers were split on whether business this holiday season will be better, the same or worse than last year, found a British Retail Consortium survey. The BRC's survey of 17 major retailers found that 71% of respondents believe that consumers are buying now because of the planned increase in January in the value-added tax. BBC (13 Dec.) - China's inflation surge may affect British shoppers
China's annualised inflation rate reached 5.1% in November despite the government's effort to end fuel shortages and bolster food supplies. The higher-than-expected inflation is prompting concerns that consumers in the UK and elsewhere could pay more for products made in China. Telegraph (London) (11 Dec.)  | Sell smart and boost revenue. Find out how better sales intelligence can help put your sales organization on top. LexisNexis® can help you gather the business intelligence you need to support your selling process, find better leads, close more deals, and grow your business. Click here to learn more. |
 - Commentary: Future Group likely to enter JV with Carrefour
Since India has not yet opened its multi-brand retail sector to foreign direct investment, Future Group and Carrefour are likely to enter a joint venture, writes columnist Arijit Barman. If India changes its FDI position, the French retailer would be likely to get equity in Future Group's Pantaloon Retail, sources said. Business Standard (India) (13 Dec.)  | Negotiating Outcomes
The Pocket Mentor Series from Harvard Business School Press offers immediate solutions to common challenges managers face on the job every day. This practical guide will help you prepare, conduct, and close a negotiation successfully. Order this downloadable book here. |
 | E-commerce Spotlight |  | | | - Amazon's European websites drop offline briefly
Amazon.com's European websites were down for more than 30 minutes on Sunday because of a hardware failure, according to the company. "The brief interruption to our European retail sites earlier today was due to hardware failure in our European data center network and not the result of a DDOS attempt," an Amazon spokeswoman said in reference to issues related to WikiLeaks. Amazon withdrew hosting services for WikiLeaks, prompting some activists to call for online attacks on Amazon.com sites. Reuters (13 Dec.) | Technology Solutions | | | | - Rise in smartphone use bolsters commerce
The increasing popularity of smartphones around the world is shifting the retail market. Retailers are focused on developing software applications to tap into demand by smartphone users. The devices make it easy for shoppers to buy products and services anywhere at any time. Smartphone users can compare products, find retailers and discover promotions. JoongAng Daily (South Korea) (13 Dec.) | Spotlight on Mass Merchandise | | | | - Costco plans more stores in Australia, Asia
Costco, the US-based discount retailer, is planning to open a third supermarket in Australia, raising the stakes for retail giants Woolworths and Coles. Richard Galanti, chief financial officer and executive vice president at Costco, said the company is looking to open 27 stores in 2011, with South Korea, Taiwan and Japan on the list. The Sydney Morning Herald (Australia) (13 Dec.) | NRF News | | | |
| SmartQuote | | | |  | There are no persons capable of stooping so low as those who desire to rise in the world."
--Lady Marguerite Gardiner,
countess of Blessington and Irish novelist  |
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