  | Global retail industry news |  |
- Rona CEO Dutton optimistic about retailer's future
Robert Dutton, CEO of the Canadian-owned home improvement retailer Rona, plans to use acquisitions to expand its market share from 19% to 25%. Dutton said it is possible but unlikely that a rival retailer will attempt to take over Rona. Speculation has been mounting that Rona is considering expanding beyond Canada, but Dutton declined to confirm such rumors. The Toronto Star (19 Apr.), Google/The Canadian Press (19 Apr.)       - Asian brands have franchising opportunities in UAE, expert says
The United Arab Emirates features a demographic mix that lends itself to franchising opportunities for Asian brands, particularly those from India, according to Gaurav Marya, managing director of Franchise Middle East. "When Indian companies look at growing outside, the first market they see is the UAE," Marya said. "We have a large population who love living in the UAE, but who would also like to consume Indian brands." Gulf News (United Arab Emirates) (19 Apr.)  | Utilize the Zurich Enterprise Risk Management Healthcheck assessment tool to get a better understanding of your current ERM strategy with recommendations for improvement. Sign up for FREE access today! |
 - New Tesco CEO acknowledges errors, promises turnaround
In a departure from the management style of his predecessor, Philip Clarke, the new chief executive officer at Tesco, acknowledged that the retailing giant had made some missteps while vowing to quickly turn the situation around. In his debut presentation as CEO, Clarke said Tesco has "not been leading" the UK supermarket sector as it had in much of the past 10 years. The Guardian (London) (19 Apr.), Telegraph (London) (20 Apr.)  | Health care reform got you down? Learn more from UnitedHealthcare on how the federal changes to medical benefits will affect you and your employees. This comprehensive guide highlights incentives for enrollment and a timeline of important dates and deadlines. Don't let them pass you by—Learn more here! |
 | Retail in Asia |  | | | - Top clothing brands fail quality control tests in China
Chinese shoppers often go for foreign clothing brands, such as Spain's Zara and the U.S.'s Hush Puppies, because they are perceived as being of higher quality. However, quality control tests on the products found that several brands -- six international brands and 14 Chinese -- were actually substandard. Zara, which has failed three successive assessments, was found to be substandard in three categories. China Daily (Beijing) (20 Apr.)  | Osteoporosis: A guide to prevention and treatment
Osteoporosis symptoms need not threaten the health of your bones or your quality of life. This Harvard Health report describes prevention and treatment options through diet, exercise, and medications. 30% off the cover price and free shipping for SmartBrief readers. Order here in hard copy or PDF. |
 | E-commerce Spotlight | | | | | Spotlight on Luxury Goods | | | | - Luxury brands in High Court battle over search terms
Cartier, Alfred Dunhill and other prestigious brand names have filed a High Court claim that revolves around search terms. The brands say Aspinal, a retailer in London, has bought up Google and Yahoo search terms, including their brand names. The brands claim the retailer, which does not stock their products, has violated trademark laws. The Independent (London) (19 Apr.) - Burberry remains confident after beating sales estimates
Burberry Group, the largest luxury retailer in Britain, reported quarterly revenue, excluding Spain, of £390 million. The results exceeded analysts' estimates. "While the luxury industry faces global challenges in the year ahead, we remain confident in our team's ability to outperform," said CEO Angela Ahrendts. Bloomberg (19 Apr.) | SmartQuote | | | |  | The sad truth is that excellence makes people nervous."
--Shana Alexander,
American journalist  |
| | This SmartBrief was created for cpgbrokers.data@blogger.com
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UK merchants hope the April 29 wedding of Prince William and Kate Middleton, which is sandwiched between two holidays to give many workers an 11-day vacation, will provide a much-needed if short-term boost in sales. Food and drink revenue is expected to rise as consumers celebrate, and sales of memorabilia to locals and international tourists are likely to soar, according to The Centre for Retail Research. 
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