| Global retail industry news |  |
- Canadian Tire expands into market for large appliances
Canadian Tire, which sells small appliances, has started selling refrigerators, washing machines and other large appliances. The move pits the Canadian retail giant against Rona, Home Depot and Wal-Mart as the country's retail sector becomes increasingly competitive. "The competitive landscape across Canada is intensifying. There's no question about that," said T.J. Flood, vice president of merchandising at Canadian Tire. Reuters (28 Jun.)        | 2 Banners That Used Gaming to Drive Engagement
Make your online ads more engaging and they'll become more effective. This report will show you how to:
• Leverage in-banner rewards, competition and more
• Dramatically increase your banner's quantifiable impact
• Take advantage of new ad unit formats and technologies
• Deliver on ever-increasing consumer expectations |
 - Small retailers see recovery in consumer credit options
Independent retailers are noting an increased willingness among lenders to offer a broader range of consumer credit options. However, retailers are concerned with 0% interest deals. "Interest free credit is not an entirely truthful explanation," said Lee Anderton, of Andertons Music. "The retailer is paying the interest rate rather than the customer." The Telegraph (London) (28 Jun.) - Sainsbury will again outperform grocery market, CFO says
John Rogers, finance director at Sainsbury, said the company is facing an unusually cut-throat landscape as shoppers rein in spending. However, once the marketplace returns to normal, Rogers said Sainsbury will outperform once again. "We feel as if we've got the right tool kit to outperform in the longer run. But there will always be periods when we're keeping pace and at the moment it just makes no sense to chase those unprofitable sales," he said. Reuters (28 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. |
 - China's Suning to bolster holding in Japan's Laox
Suning Appliance is taking a controlling stake in Laox, a Japanese home appliance retailer. The Chinese electronics retailer is striving to broaden its revenue streams and bolster its foreign operations. "The transaction will help Laox improve its management and core competitiveness, and solidify Suning's platform for overseas expansion," according to the Chinese retailer. "Suning plans to introduce Japan's retail operation model and products, which will strengthen our operations, improve our profitability and benefit the company's long-term development." People's Daily (China) (29 Jun.), Reuters (29 Jun.) - Triumph to start selling motorcycles in India next year
Triumph Motorcycles plans to capitalize on rising demand for high-end motorcycles in India. Paul Taylor, a spokesman for Triumph, said the company plans to important its motorcycles, including the Daytona 675 and Rocket III, fully built, but will look into the possibility of assembling them in India. "Our aim is to have our network and products in India in 2012," Taylor said. "Right now, the investigation is going on whether we sell imported bikes or have some kind of CKD [completely knocked-down kit] operation." The Wall Street Journal (tiered subscription model) (28 Jun.)  | ERP & BI: When 1 + 1 = 3
For the majority of fast growing businesses today spreadsheets are still of vital importance. However, the tide is turning on spreadsheets. In this whitepaper, discover why more and more, fast growing businesses are turning to enterprise resource planning (ERP) and business intelligence (BI) solutions to provide the control and visibility they need. |
  | Let Social Media Find Your Staff For You
Give your hiring managers fast, easy access to quality employees by pairing social media with automated recruitment solutions that use Web 2.0 functionality. Download the white paper Automating Social Recruiting for Better Hiring and see how 85 percent of best-in-class companies save money with automation. |
 | E-commerce Spotlight |  | | | - Wal-Mart aims to tap into China's e-commerce market
Wal-Mart Stores is planning to establish an online retailing hub in Shanghai in order to gain a greater share of China's retail market. The move follows Wal-Mart's announcement that it plans to acquire a minority stake in Yihaodian, a large Chinese online retailer. "The scale of online sales in China is expanding rapidly and is projected to match U.S. online sales in the next few years," said Wan Ling Martello, executive vice president of global e-commerce at Wal-Mart. MarketWatch (28 Jun.) - U.K. consumers shift online shopping to tablets
About 6% of online shoppers in the U.K. already own tablets and 20% aim to purchase them, and iPad owners report the devices have made online shopping easier, according to research from Shopzilla. "The year of mobile commerce, which has been predicted for some time, is finally here. With the explosion of the tablet market we are seeing a seismic change, and the opportunity will be for the retailers who are first to get it right," said Shopzilla director Rachel Smith. TMCNet.com (27 Jun.) | Spotlight on Luxury Goods | | | | | NRF News | | | |
| SmartQuote | | | |  | The arts are an even better barometer of what is happening in our world than the stock market or the debates in Congress."
--Hendrik Willem van Loon,
Dutch-born American historian and journalist  |
| | 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.