Tuesday, May 31, 2011

South Africa poised to rule on Wal-Mart's bid for Massmart

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31 May 2011
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Global retail industry news

  Global Industry Watch 
 
  • Australian retailers want more flexible trading hours
    Harvey Norman, Coles, Woolworths and other major retailers in Australia are calling on the government to allow them to open whenever they want, with the exception of key holidays, in an effort to compete with online retailing. "The wrong policy settings could result in the globalisation of the retail sector seriously threatening the viability of Australian retailers and the jobs of many Australians," according to the Australian National Retailers Association. The Herald Sun (Melbourne, Australia) (30 May.) LinkedInFacebookTwitterEmail this Story
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  Retail in Europe 
 
  • Demand for retail space in York soars
    Andrew Hedley of Blacks Property Consultants said demand for retail space in York's city centre has surged. Hedley said small merchants as well as larger chains are inquiring about opportunities. "I can only think of central London where similar demand levels exist," he said. The Press (York, England) (30 May.) LinkedInFacebookTwitterEmail this Story
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  Retail in Asia 
 
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  Retail in Latin America 
 
  • Brazil's Pao de Acucar in merger talks with Carrefour, sources say
    Abilio Diniz, chairman of Grupo Pao de Acucar, is in preliminary negotiations about a potential merger with Carrefour, sources said. The talks were prompted by concern that Wal-Mart Stores and Chile's Cencosud could be considering acquiring the Brazilian assets of Carrefour, a source said. Reuters (30 May.) LinkedInFacebookTwitterEmail this Story
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  E-commerce Spotlight 
  • China's Taobao ramps up rivalry with traditional retailers
    Taobao, a major e-commerce firm in China, has opened a large home furnishings showroom in Beijing to give customers the opportunity to try out big-ticket items, such as sofas and tables. Customers then place orders online. The five-story showroom is one of the latest efforts by an online retailer moving in on the territory of traditional retailers in China. "The dominant retailer in China someday may be an online retailer," said Richard Ji, an analyst at Morgan Stanley. Google/The Associated Press (29 May.) LinkedInFacebookTwitterEmail this Story
  • Other News
  Spotlight on Grocery 
  • Morrisons ramps up effort to acquire retail space
    Morrisons is rapidly buying properties, an indication that the supermarket chain is broadening its horizons under CEO Dalton Philips. Some say Morrisons is distorting the market, but insiders say that price is the determining factor. In March, Morrisons noted that it plans to open 2.5 million square feet of retail space over the next few years. The south of England is a key focus, the company said. The Independent (London) (31 May.) LinkedInFacebookTwitterEmail this Story
  NRF News 
  • How mobile devices impact Facebook, Twitter use
    As more Americans carry iPhones and Androids with them everywhere, accessing social networking sites like Facebook and Twitter become easy ways to pass the time or share experiences, according to a joint research project by Shop.org, comScore and Social Shopping Labs. The study, conducted in April of this year, also outlines what shoppers really want from retailers' Facebook pages and addresses the awareness and popularity of group-buying sites. Read more. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
If you have no confidence in self, you are twice defeated in the race of life. With confidence, you have won even before you have started."
--Marcus Garvey,
Jamaican publisher, journalist, entrepreneur and orator


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