Friday, May 6, 2011

Bharti Walmart plans to add 20 stores in India

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06 May 2011
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Global retail industry news

  Global Industry Watch 
 
  • Most stores in New Zealand mall reopen after tornado
    A deadly tornado hit New Zealand this week, forcing stores at the Westfield Albany Shopping Centre to close. About 90% will have reopened by Sunday, however. "Westfield has worked closely with its retailers to re-open Westfield Albany to the public," said Westfield director Justin Lynch. "The centre is a place of employment and livelihood for many, therefore it was important the centre re-opened in a safe and efficient manner." Stuff (New Zealand) (06 May.) LinkedInFacebookTwitterEmail this Story
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• Video as a way to enhance the shopping experience
• Mobile as a channel for expanding marketing reach
• Personalization informed by advanced analytics
  Retail in Europe 
 
  • Carphone Warehouse continues to raise profit forecast
    Carphone Warehouse is getting a boost from smartphone demand and growth in its US operations, prompting the third profit forecast increase in six months. "We are well positioned to continue to capitalise on the rapid development and proliferation of smartphones and the ever-expanding range of tablets coming to the market despite the uncertainty around the economic environment," Carphone CEO Roger Taylor said. Reuters (05 May.) LinkedInFacebookTwitterEmail this Story
  • Russia's Okey plans to bolster selling space by 30%
    Okey, a food retailer in Russia, is planning invest roughly 10 billion roubles this year to bolster its selling space, according to Maksim Kravtsov, the company's director for investor relations. Sebastien Verhaeghe, executive director at Okey, said the 30% increase in selling space is an annual goal for 2011 through 2015. Reuters (05 May.) LinkedInFacebookTwitterEmail this Story
  • Other News
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  Retail in Asia 
 
  • Other News
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  Retail in Latin America 
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  E-commerce Spotlight 
  • Surge in Vietnamese Internet users to bolster e-commerce
    Over the next four years, online retailing in Vietnam is poised to explode as the number of Internet users soars. "The e-commerce popularity of Vietnam will reach the advance level compared to other ASEAN countries in 2015 in accordance with the country's e-commerce development plan," said Lai Viet Anh of the E-commerce and Information Technology Department. Saigon Giai Phong (Vietnam) (06 May.) LinkedInFacebookTwitterEmail this Story
  Spotlight on Fashion 
  NRF News 
  • NRF accepting Retail Reference Center submissions
    Has your company recently published a white paper, case study, benchmarking report or other original document that serves to educate or support aspects of the retail industry? Members can submit content to the Retail Reference Center, which serves as a free resource for the industry. Submit your paper for "Peer Reviewed" status and gain added credibility. Learn more. LinkedInFacebookTwitterEmail this Story
 
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  SmartQuote 
To cure jealousy is to see it for what it is, a dissatisfaction with self."
--Joan Didion,
American journalist, essayist and novelist


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