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  | Global retail industry news |  |
- Wal-Mart sues Namibia competition panel over Massmart deal
Wal-Mart Stores has sued Namibia's Competition Commission over the conditions the panel attached to the retail giant's offer for a controlling stake in Massmart. "Wal-Mart launched an urgent High Court Application challenging the merger determination issued by the Commission," according to Namibia's Competition Commission. Wal-Mart has faced significant challenges in the $2.3 billion deal. Reuters (28 Mar.)       - Bunnings' move to 2 paint suppliers raises questions
Bunnings Warehouse chain has decided to no longer carry Wattyl brand paint and is instead offering Taubmans and Dulux. Some industry observers are raising questions about the decision and whether it has something to do with the fact that Wattyl is owned by Valspar, which supplies paint to Lowe's. The US hardware chain has partnered with Woolworths to take on Bunnings. The Sydney Morning Herald (Australia) (29 Mar.)  | Three Trends Causing Paradigm Shifts in Online Retail
The growth of ecommerce is accelerating as consumers become more comfortable and confident transacting online. In this whitepaper you will learn about the three major trends re-shaping online retail.
• Video as a way to enhance the shopping experience
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 - Oddbins aims to restructure its debt
Oddbins is striving to gain the support of 75% of its creditors under a company voluntary arrangement to restructure its debts. The wine retailer has filed for administration to buy time. "This is purely a precautionary measure to allow the CVA to take place," according to a representative of the retailer. Filing for administration allows Oddbins a "moratorium over any claims of 10 days, after which the results for the CVA vote will be known". Google/The Press Association (U.K.) (28 Mar.)  | Keep business cards and notes together — Everyone has experienced the frustration of returning from a meeting, trade show,
or event with a pocketful of random business cards and mismatched scribbled notes. The Contact Keeper family of products solves that problem and will keep you organized and productive.
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 - Navis acquires holding in Malaysia's Kinderdijk Group
Navis Capital Partners, a private equity firm, has purchased a stake in Kinderdijk Group, a retailer and distributor of babycare and lifestyle products in Malaysia. "The lifestyle-product and baby-care segments in Malaysia are attractive and growing at two-to-three-times GDP growth, driven by the rising affluence of the middle-class and increasing consumerism," Navis said. Reuters (28 Mar.)  | Are you keeping up with the changing world of employee health care? Get The Basics of Employee Health Care for Small Business: A Guide to Creating a Company Benefit Plan, and find out what you need to know today. There's no obligation. Click to download a FREE whitepaper. |
 - Walmex aims to cut supply-chain costs, CEO says
Scot Rank, chief executive officer at Wal-Mart de Mexico, said the company is aiming to lower supply costs to help the company's margins as raw material costs rise. "Here in Mexico we transport sometimes very perishable goods over large distances," Rank said. "We're looking into ways that we might be able to buy closer to our stores, or invest in training and support to communities so that they can focus on (producing) a certain kind of product." Reuters (28 Mar.)  | The Print Big Save Big Sale. Save up to 55% on all banners. Affordable, custom-made signs, banners, posters and displays from FedEx Office Print & Ship Centers℠. Get your message out in a big way with everything from full-color banners to photo-quality posters, to yard signs, auto magnets and more. Offer ends 5/15. |
 | E-commerce Spotlight |  | | | - Online purchasing becomes more popular in Europe
A report from Deutsche Card Services, a payment processor based in Germany, said that women make 58.9% of purchases at online retailers in Europe. However, men are more likely than women to use a credit card to pay for their online purchases and men spend more. "Overall, online purchasing and payment has become more of an everyday occurrence for customers, who use the Internet more and more for buying household goods," said Jens Mahlke of Deutsche Card Services. InternetRetailer.com (28 Mar.) | Spotlight on Grocery | | | | - Wesfarmers defends Coles' role in price war
Wesfarmers, the parent company of Coles, said that the decision to discount liquor and dairy products is part of an effort to revitalize the retailer's reputation. "The intent was to offer value to our customers," said Wesfarmers Chairman Bob Every. "It has to be put in the context of the turnaround we are undertaking at Coles, where the company had lost the trust of the customer so there has been a major focus on the customer and this is all part of the value offer." The Australian (28 Mar.) | NRF News | | | |
| SmartQuote | | | |  | When a man points a finger at someone else, he should remember that four of his fingers are pointing at himself."
--Louis Nizer,
American lawyer  |
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