  | Global retail industry news |  |
- Marks & Spencer expected to launch store in Abu Dhabi mall
Marks & Spencer, the UK-based chain, is expected to open an outlet in the Marina Mall in Abu Dhabi. The company, which is owned by Al Futtaim in the United Arab Emirates, is expected to open a store smaller than its other Abu Dhabi location. "Marina Mall is mid-range, so it suits the M&S brand, there's good footfall and the rents are still reasonable," said Michael Leighton, a retail analyst at CB Richard Ellis. The National (Abu Dhabi, United Arab Emirates) (12 Apr.)        | Retail in Europe |  | | | - International retailers help lift mood in Ireland
Ireland's retail market has suffered its share of setbacks in recent years as consumer spending contracts and consumer confidence remains subdued. However, there are a few bright spots as global retailers seek retail accommodation in Dublin as well as other parts of the country. Abercrombie & Fitch, Hollister, TJ Maxx and other retailers have announced plans to expand in Ireland. The Irish Times (Dublin) (13 Apr.) | Retail in Asia | | | | - India's organised jewellery retail sector poised to surge
Insiders said that the organised jewellery retail sector in India is poised to grow by as much as 40% annually due to increasing brand consciousness among consumers. "Although, the organised pie is quite small, it is growing rapidly. In the next five years, it is likely to account for 10% of the total market," said Vijay Jain, CEO and director of Orra, a jewellery retailer. Business Standard (India) (13 Apr.) - More U.S. chains bet on success in India
 Denny's, Pollo Tropical, Applebee's and Johnny Rockets are among the latest crop of U.S. casual and fast-casual chains counting India as a key market for future growth, a country that has proven successful for early entrants including McDonald's and Yum! Brands. Restaurant brands seeking success in India face a few hurdles, including ownership laws that require them to sign Indian partners and a largely vegetarian population that means tweaking the menus. The Sun (Baltimore)/Reuters (11 Apr.) | Retail in Latin America | | | | - Brazil's Pao de Acucar saw 6.8% increase in same-store sales
Grupo Pao de Acucar, the biggest diversified retailer in Brazil, reported a 6.8% increase in same-store sales in the first quarter. The company noted that demand for home appliances has waned and the timing of Easter limited growth. "In 2010, Easter fell at the beginning of April (April 4), benefiting March's sales; in 2011, however, it will fall at the end of April (April 24) benefiting April's sales," the company said. Reuters (12 Apr.) | E-commerce Spotlight | | | | - Garmentology could be answer for online clothing retailers
Many consumers prefer to try on clothing before they purchase them, making it a barrier to sales for online retailers. Also, consumers who do buy clothes online often return them, which results in increased delivery costs for the merchant. Garmentology could be the answer for online clothing retailers. The tool guides consumers through an online image consultation. InternetRetailing.net (12 Apr.) - Wesfarmers launches push for group to embrace online sales
Many major Australian retailers, including Myer and Harvey Norman, are reluctantly embracing online sales, but Richard Goyder, managing director at Wesfarmers, is taking a different stance. Goyder is encouraging the group to jump online. Target, a subsidiary of Wesfarmers, has launched its online site, shop.target.com.au, in a move that complements Kmart, Coles and other Wesfarmers divisions. The Australian (12 Apr.) | Spotlight on Luxury Goods | | | | - Chinese consumers expected to shift luxury goods market
John Kwok, an advertising executive, recently bought a jacket in the traditional Chinese style at Shanghai Tang's Pedder Street store in Hong Kong. He spent thousands of dollars on the purchase at the luxury retailer. Industry experts say that Kwok represents a trend among China's high-end consumers who are more interested in China's culture than that of the Western world. "You can't find anything similar at other international labels," Kwok said. "It's not about price, but availability." The Economic Times (India)/Reuters (13 Apr.) | NRF News | | | | - UPS president: Want your company to grow? Expand your borders
During a session at NRF's Global Supply Chain Summit, UPS Americas President Romaine Seguin shared tips for retailers on growing after a recession. One of her suggestions to attendees? Go Global. Retail sales are growing much faster in countries like Germany, Norway and Indonesia, she said, and companies that have the bandwidth to explore those areas but aren't are missing an opportunity. Read more.
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