Tuesday, December 28, 2010

28 December 2010 - Foreigners to get tax rebate on purchases in China's Hainan province

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28 December 2010
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  Global Industry Watch 
 
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  Retail in Europe 
 
  • Supergroup boss has reason to celebrate this year
    Julian Dunkerton, head of Supergroup, which owns the increasingly popular Superdry fashion label, had a great year. Dunkerton, who owns roughly 30% of the retailer, became a wealthy man after the chain's stock market flotation, but riches were not his goal. "You know, you kind of think, 'Oh well, that's amazing,' and you go on and carry on. I am not a big spender of money. Material things don't interest me. This [waves at the shops] interests me. I get more excited by progress than anything else. I like development. I like to be constantly growing," he said. Telegraph (London) (27 Dec.) LinkedInFacebookTwitterEmail this Story
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  Retail in Asia 
 
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  Retail in Latin America 
 
  • Chile's Cencosud plans to build stores, malls
    Cencosud, one of the largest retailers in Chile, is planning to invest roughly $1 billion next year in new stores, supermarkets and shopping malls. Cencosud, which also operates in Brazil, Peru, Argentina and Colombia, recently announced its acquisition of Bretas, a Brazilian supermarket chain. Reuters (23 Dec.) LinkedInFacebookTwitterEmail this Story
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  E-commerce Spotlight 
  • Some online retailers violate regulations, BBC says
    BBC looked into online retailers and how they comply with regulations introduced to protect consumers. The investigation found that some merchants do not fully comply with the rules. Retailers are obligated to give full refunds to buyers if they inform sellers within seven working days that they want to return purchases. BBC (27 Dec.) LinkedInFacebookTwitterEmail this Story
  Spotlight on Grocery 
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  NRF News 
  • Retail's BIG Show standard registration ends 7 Jan.
    Want to attend the year's biggest and best retail industry event? Here's your last chance to save on registration for NRF's 100th Annual Convention & EXPO, 9 to 12 Jan. in New York City. Registering before 7 Jan. can save you more than $200 off the on-site rate. NRF retail members can save even more by registering as a five-person retail team. Learn more. LinkedInFacebookTwitterEmail this Story
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All charming people have something to conceal, usually their total dependence on the appreciation of others."
--Cyril Connolly,
British intellectual, literary critic and writer


 
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