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  | Global retail industry news |  |
- Express plans to open first Canadian store in Toronto
Express is planning to open as many as eight stores in Canada by the end of the year. The company's first Canadian store will be in the Fairview Mall in Toronto. "We know that Canadian customers shop Express, whether they're crossing the border to shop or shopping online, we started shipping to Canada about a year ago," said Jennifer Bayley, public relations manager at Express. Toronto Sun (21 Jun.)        | 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! |
 - Costa Coffee plans to double its store count by 2016
Costa Coffee reported a 4% rise in sales and is planning to expand in the UK. "[Coffee culture] has grown massively over the last five to 10 years -- people have a real demand for quality coffee and a choice of different coffees," said Andy Harrison, chief executive of Costa Coffee's parent company Whitbread. "When I was kid everyone wanted a Nescafe -- that has definitely changed." The Guardian (London) (21 Jun.) - Total plans to sell UK network of service stations
The Rontec Investment consortium has agreed to buy Total's network of service stations in Britain for about £400 million. Total also is discussing the possibility of selling its Lindsey oil refinery with a potential buyer. The French oil giant is striving to minimise its exposure to noncore, downstream activities in Europe. Reuters (21 Jun.)  | 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. |
 - Gome sues former chairman for damaging firm's reputation
Gome Electrical Appliances Holding, one of the largest electronics retailers in China, has filed a lawsuit against Chen Xiao, the company's former chairman, for failing to protect the retailer's reputation. Gome claims that Chen gave "false and misleading company information to a finance newspaper reporter" that hurt the company's operations and reputation. Bloomberg (21 Jun.)  | Are you posting blindly on Facebook?
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 - Asos CEO says international expansion plan on track
Nick Robertson, chief executive officer of Asos, said the online retailer is continuing with its overseas efforts. "Our international expansion program remains firmly on track," Robertson said. "During the year we launched country specific sites in the U.S., France and Germany and we plan to launch three further country-specific sites in the coming financial year." InternetRetailer.com (21 Jun.)  | 3 Proven Rich-Media Strategies for Your 2011 Campaigns
Today's hyperconnected consumers expect rich, engaging experiences wherever they interact with your product or service. In this report you will learn how to use rich media to:
• Engage mobile audiences
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 | Spotlight on Luxury Goods |  | | | - China to lower duties in push to expand luxury shopping at home
China's government plans to cut import duties on luxury items from pricey cosmetics to swanky watches as part of a push to encourage wealthier citizens to make more of their high-end purchases at home. New wealth has more Chinese consumers clamoring for luxury goods, but high duties that drive up the price at home send many of them to Hong Kong, London, Paris and other cities where the same goods cost less. CNBC/Reuters (20 Jun.) | NRF News | | | | - The data you need to expand internationally
Retailers considering international expansion have a wealth of statistical information right at their fingertips with the Forum for International Retail Association Executives' industry data page. The industry data, sorted by country, provides economic statistics from retail environments worldwide. Researching new economic frontiers is only a click away! Learn more.
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