Reading this on a mobile device? Try our optimized mobile version here: http://r.smartbrief.com/resp/cSvGCaiGapBZeYdMCidagdBWcNLhPs
  | Global retail industry news |  |
- Calgary experiences retail construction boom
In 13 sites across Calgary there is more than 2.25 million square feet of new retail space in the works, according to Michael Kehoe, a retail specialist at Fairfield Commercial Real Estate. The construction boom is being driven by increased consumer demand and confidence in the city's economy. "The retailing momentum is being fueled by such factors as continued immigration and moderate population growth, a competitive leasing environment, solid retail sales and consumer confidence levels," Kehoe said. Calgary Herald (Alberta) (25 Apr.)       - L'Oreal's focus on research and development pays dividends
L'Oreal spends roughly €700 million annually on research around the world to tap into the different needs of consumers. The beauty hang-ups of men and women around the globe give the company plenty of material, particularly as the number of middle-class consumers in emerging markets grows. L'Oreal's sales in India, Latin America and elsewhere are surging. The Guardian (London) (25 Apr.)  | Discover what risks could be lurking in your vacant commercial property with Zurich's guide 'Empty building, full of risk: Protecting your vacant commercial properties'. Click here for your FREE download! |
 | Retail in Europe |  | | | - CEO Swann transforms WH Smith into a lean business
Kate Swann, chief executive officer at WH Smith, is known for her efforts to reduce expenses, having turned the company into a lean, successful business in recent years. Earlier this month, Smith reported a profit increase of 3% for the six-month period that ended in February. Swann took over in 2003 and started selling assets, developed a new travel operation and made other significant changes. Telegraph (London) (25 Apr.) - Royal Wedding souvenirs estimated to bring in £200 million
The Centre for Retail Research says that about £200 million will be spend on souvenirs related to the Royal Wedding. "This wedding has been great for a small business like us," said Jeremie Herpson, who runs a gift shop in London. "Particularly with younger customers and tourists." Including food and drink, £480 million will be spent, according to the British Retail Consortium and moneysupermarket.com. BBC (26 Apr.) | Retail in Asia | | | | - Shanghai grocery shoppers increasingly turning online
Consumers in Shanghai increasingly are using the Internet to shop for groceries and personal care products, according to a study by a market research and consulting company. Shanghai shoppers are choosing online as their retail option more often than their counterparts in Europe and the U.S., according to the report. The No. 1 Store and the Taobao Supermarket were the most popular online supermarkets in the city. The Independent (London)/Relaxnews (26 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! |
 | Spotlight on Grocery | | | | - Supermarket sales in Japan dropped in 2010
Consumers in Japan reined in their spending on concerns about the economy, causing a 1.4% decline in supermarkets same-store sales for the fiscal year 2010, which ended in March, according to an industry group. However, same-store sales in March rose 0.3% compared with the same month the previous year, the Japan Chain Stores Association reported. JapanToday.com (26 Apr.) | NRF News | | | | - Do your associates know how to handle credit card data securely?
In view of the recent Epsilon data breach, now is the time to make sure your associates are trained on the importance of data security. The NRF Foundation has added two new online courses to its eLearning platform, NRF University wired. The first course, Introduction to Credit Card Security, provides an overview of how to handle credit cards and credit card data while Introduction to the PCI Data Security Standards (PCI DSS) covers PCI compliance levels and is geared to associates and managers who are responsible for implementing PCI DSS. Learn more.
| SmartQuote | | | |  | Dare to be yourself."
--André Gide,
French author  |
| | This SmartBrief was created for cpgbrokers.data@blogger.com
|
No comments:
Post a Comment
Please comment thoughtfully CPG Brokers, your best resource to optimize your in store self exposure and maximize sku distribution.