  | Global retail industry news |  |
- Topshop's Green is NRF International Retailer of the Year
Sir Philip Green was named this year's International Retailer of the Year at NRF's Big Show in New York this week. Green's Arcadia Group owns several UK retail chains, including Burton and Dorothy Perkins. Another, Topshop, has stores in the UK and the US and plans more. Arcadia operates a total of 2,778 stores and employs more than 45,000 people. Telegraph (London) (12 Jan.)       - Head of Home Depot Canada moves on after 15 years
Home Depot Canada President Annette Verschuren will leave the company at the end of the month after a 15-year high-profile stint during which she became one of the country's leading businesswomen. In 2006, the company named Verschuren to oversee its move into China, and in 2008 she was part of an 11-member panel created to help Canada deal with fallout from the recession in the US. The Toronto Star (12 Jan.)  | Develop an Information Agenda for your retail company. The IBM Information Agenda Guide for Retail outlines a practical, proven approach for turning a client's Information On Demand vision and strategy into reality. Download the complimentary guide and learn how information management solutions help companies establish and leverage trusted information to optimize business performance. |
 - UK retailers brace for slower sales in 2011
UK retailers face several factors pointing to a sales slowdown in the new year, despite better-than-expected holiday sales at several major chains, including J. Sainsbury and Marks & Spencer. High fuel and commodity prices, ongoing austerity measures and the prospect of higher interest rates are likely to combine to slow discretionary spending in 2011. The Wall Street Journal (13 Jan.)  | INTRODUCING HP ePRINT— Print from anywhere from any mobile device.* The HP Officejet Pro 8500A Plus e-All-in-One now with $120 INSTANT REBATE. BUY NOW.
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 - Fast Retailing to look outside Japan for growth
Uniqlo parent company Fast Retailing Co. reported slipping sales and a 35% decline in profit at its stores in Japan, and said it plans to reverse the trend by focusing on growth in Asian markets outside its home country, which now accounts for about 80% of its sales. Bloomberg (13 Jan.) - 400-store mall planned for China's Guangzhou province
Partners from the public and private sectors are working to build the 1.6 million-square-foot "Mall of the World" in Guangzhou province in southern China. Hong Kong developer Lan Kwai Fong Holdings plans to open as many as 70 bars and restaurants in the mall, which will have about 400 stores. Bloomberg (11 Jan.)  | Create a winning social-media strategy
Relying on luck and good intentions when developing your social-media approach can leave you with disparate, ineffective initiatives. Get the data you need to formulate a savvy social-media strategy that produces measurable results. Check out SmartBrief's State of Social Media for Business. |
 | Retail in Latin America |  | | | - Brazilian retailer Casa & Video explores a sale
Casa & Video Rio de Janeiro is in talks to sell its 66-store operation to either a private-equity firm or Brazil's biggest discount retailer, Lojas Americanas, the company said this week. Owner and CEO Fabio Carvalho said he expects a deal by June and hopes the buyer will keep the brand and business model intact. San Francisco Chronicle/Bloomberg (13 Jan.)  | "Setting Goals," part of Harvard Business Review's Pocket Mentor series, covers the fundamentals of business goal setting. Define business outcomes for you and your team, manage collective goal-setting, motivate employees to achieve even the most challenging objectives, and more. Order this concise guide here. |
 | E-commerce Spotlight | | | | | Spotlight on Fashion | | | | - Australian retailers battle over fashion brands
Australian retail chains Myer and David Jones have begun battling it out for exclusive rights to sell fall styles from top designers. David Jones said this week it has sealed deals with 12 designers and 18 brands, including Pucci, Balmain and Versace. The move came after rival Myer announced deals with menswear designer Arthur Galan and Australian fashion label Simona. Exclusives are key for both merchants because they make it less likely that stores will have to engage in competitive discounting. The Sydney Morning Herald (Australia) (14 Jan.) - The mac is back, and this time it has its own store
The once-ubiquitous Mackintosh raincoat is making a comeback in the UK with a new London store devoted to the iconic outerwear, made fashionable decades ago by such stars as Audrey Hepburn and Steve McQueen. The coat has its roots in a waterproofing process patented almost 200 years ago. The company almost closed its factories in the 1990s, but made a comeback with contracts to make upscale outerwear for Louis Vuitton, Balenciaga and Gucci, among others. The Independent (London) (14 Jan.) - Hobbs wins £14 million investment, names new chairman
UK-based fashion retailer Hobbs received £14m in new investment from its majority shareholder, which company expects to use to develop its three brands, Hobbs, NW3 and Limited Edition. The chain also announced the appointment of former Maximuscle head Iain MacRitchie as chairman, replacing Tony Campbell, who held the post for eight years. Telegraph (London) (12 Jan.) | NRF News | | | | - A guide to retailing in India
Robert Damuth, an economist and past vice president of Nathan Associates, previewed a white paper on retailing in India at Retail's BIG Show. The report contains insights into how retailers can break into and thrive in the world's fourth-largest economy. Read more.
| SmartQuote | | | |  | Animals are such agreeable friends, they ask no questions, they pass no criticisms."
--George Eliot,
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