  | Global retail industry news |  |
- Target signs leases on more than 100 locations in Canada
Target is making progress in its efforts to expand its footprint into Canada by announcing that it has signed leases for 105 locations. The Canadian Target stores' prices will reflect local market conditions, according to the company, but have not yet been set. "It's early for us to determine what the prices will be at the item level," said Tony Fisher, president of Target Canada. The Toronto Star (26 May.)       - Tesco CEO aims to turn around Fresh & Easy chain in US
Tesco entered the US grocery market in 2007 with Fresh & Easy outlets on the West Coast. However, American consumers haven't taken to the offering like their British counterparts. Tesco CEO Philip Clarke, who took the reins in March, is striving to turn around the chain, vowing to stop its losses by 2013. Bloomberg Businessweek (26 May.) - Big Lots to gain entry into Canada with Liquidation World acquisition
Canadian closeout retailer Liquidation World had intended to emulate Big Lots, but mounting losses and other issues have led to its acquisition instead. US-based Big Lots is poised to purchase Liquidation World, including its 92 stores. Before making the move, Big Lots said it had "diligently studied and analyzed a number of opportunities or paths to enter Canada over the last couple of years." The Globe and Mail (Toronto) (26 May.)  | Despite being a backbone enterprise application, Enterprise Resource Planning is often misunderstood. In this guide from Focus, top experts provide their suggestions and recommendations to guide you through your evaluation of the best choices. Unravel the complexities of ERP once and for all to make an informed buying decision by downloading this free white paper. |
  | Get the Information That Leads to Higher Sales
Learn how a 0.1 percent increase in employee engagement generated more than $100,000 in one store's income when you download the white paper HR and Payroll - Achieving Accountability, Transparency in Retail. A unified HR and payroll system gives you high-quality data you can use to serve customers better. |
  | 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! |
  | Ad Compliance Best Practices Kit — Stay ahead of consumer concern and government regulation with TRUSTe. Gain an overview of what Behavioral Advertising (OBA) is, why it is important, and what your options are. Insights from the FTC, DAA, TRUSTe, Forbes, Publisher's Clearing House and more. Register Now. |
 | E-commerce Spotlight |  | | | - Gome aims to become China's leading online home-appliance retailer
Gome Electrical Appliances Holding is working to become the leading online retailer of home appliances in China within the next three years. Gome, which announced a 66% surge in first-quarter profit, said it wants to account for 15% of the online home-appliances market. Meanwhile, Suning Appliance, a Gome rival, said it plans to significantly increase its online business this year. Bloomberg (26 May.), MarketWatch (26 May.) | 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. |
| Editor's Note | | | | - SmartBrief will not publish Monday
In observance of Memorial Day in the U.S., SmartBrief will not be published Monday, May 30. Publication will resume Tuesday. | SmartQuote | | | |  | A man who has nothing to do with his own time has no conscience in his intrusion on that of others."
--Jane Austen,
British author  |
| | This SmartBrief was created for cpgbrokers.data@blogger.com
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