  | Global retail industry news |  |
- Retailers forgo "vegetarian" for "meat-free"
Analysts say that retailers are trying to get away from the word "vegetarian" as it is seen as outdated or possibly negative. Instead, they are selling foods as "meat-free." Supermarkets are concerned that health-conscious consumers might be put off by the word "vegetarian." Marks & Spencer has introduced a range of meat-free meals, but like some other retailers, it is selling them alongside dishes containing pork and chicken. Telegraph (London) (16 Jan.)        | Each year U.S businesses spend trillions of dollars on goods and services. Focus Research empowers buyers to spend their budget wisely by offering easily accessible and trustworthy information on vendors that support small and mid-size business operations. Download this free whitepaper that compares leading CRM vendors to ensure you choose what's best for your organization. |
 - Shoplifters shift to fewer, more expensive goods, BRC says
Retailers are reporting a drop in shoplifting, but the average criminal is stealing increasingly expensive goods, according to the British Retail Consortium. "Retailers have invested a lot in cutting down on shoplifting, so many of the more opportunistic thefts, often of low value, have dropped," said Richard Dodd of the BRC. "However, shops are still prey to gangs of criminals, who are getting more organised." Telegraph (London) (17 Jan.) - Boots reports 3.8% increase in sales in December
Boots, the health and beauty products retail chain, was one of the winners over the holiday season, posting a 3.8% increase in like-for-like sales in December. The company said it gained market share in health and beauty, its core categories. In the quarter ending Dec. 31, Boots' revenue rose 14.3%. The Guardian (London) (17 Jan.) , Reuters (17 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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 - UK to urge India to open retail market to foreign firms
UK Business Secretary Vince Cable said he will encourage India to open its $450 billion retail sector to foreign companies. "I will make the case for an open market" in retail, Cablen said a day before he was to meet with Indian officials. "We welcome Indian companies in the UK. We hope India will welcome British companies in India." Reuters (17 Jan.) - McDonald's to double number of stores in South Korea
Sean Newton, Korea managing director for McDonald's, said the fast-food giant plans to increase its number of restaurants in the country from 243 to 500. The company will spend about $436.4 million over the next several years to open new restaurants. "When you compare Korea to our other markets, you can see that we have a lot of opportunity here. Our penetration so far is less than one third of our other markets," Newton said. The Korea Times (17 Jan.) - India's Spencer's Retail announces expansion plans
Spencer's Retail plans to open as many as 25 hypermarkets and some neighbourhood shops over the next year. "We are looking for investors and talking to various private equity funds providers," said Vineet Kapila, president of Spencer's Retail. "We are already present in metros and tier I and II cities. The approach would consolidate our position in the existing locations and [help us] expand to geographies with great market potential such as Bihar, Jharkhand and cities in the North East." IndiaRetailing.com (17 Jan.)  | From hire to retire, Paychex provides the right payroll, HR and benefits services to meet your business goals. With over 35 years of experience, Paychex is recognized as a top national provider of business solutions, offering the personal attention and commitment you need to focus on key priorities. Get a free payroll quote and receive one FREE month of payroll processing! |
 - Groupon CEO says sorry to Japanese consumers
 Groupon founder and CEO Andrew Mason posted a video apology to Japanese consumers on YouTube for a New Year's meal promotion gone wrong. Many customers who ordered New Year's meals via the site received the meals in poor condition or late. Groupon also provided refunds to disappointed customers, many of whom publicly expressed their anger online. ABC News/The Associated Press (17 Jan.)  | Retailers need to have a firm understanding of modern day consumer attitudes and behaviors and adjust strategies around this to maximize sales potential. Find out more on, 'The Evolution of Promotional and Pricing Incentives in Consumer Packaged Goods' here: |
 | Spotlight on Grocery |  | | | - Coles touts products made in Australia
Coles claims it has more products made in Australia than any other brand. "Buying Australian made and grown products makes sense. Not only are you getting great products that have been made or grown right here, by Australians and to Australia's high standards; you are also supporting Aussie farmers, fisherman, manufacturers and processors," said Ian Harrison, campaign CEO at Australian Made, Australian Grown. Inside Retailing Online/Foodweek (17 Jan.) | NRF News | | | | - Find out what you missed on Retail's BIG Show
If you missed NRF's Centennial Celebration in New York City last week, coverage of the show is right at your fingertips on Retail's BIG Blog. From a list of nine retailers who get the customer experience right to a brief on what augmented reality technologies can do for the shopping experience of the future, take a peek at a few of the session highlights from the show.
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