  | Global retail industry news |  |
- Spain's Zara starts to expand across Australia
Zara launched its first store in Australia in Sydney in April, and it has been a hit ever since. Shoppers line up to enter the Pitt Street mall shop. Now, the Spanish fashion retailer is poised to open a second store in Australia, in Melbourne, and is considering other locations, including Brisbane, Perth and Adelaide, according to a company executive. The Australian (08 Jun.)       - Retail sales in Australia poised to rebound, report says
A Deloitte Access Economics report predicts that retail sales in Australia will will advance 1.3% in the year ending June 30. In the next fiscal year, the research firm expects sales to rebound from a two-decade low. Australia's "economic strength will help support a robust rate of jobs growth," said David Rumbens, an Access analyst. "Dividends from the resources boom may be difficult to separately identify for most retailers, but they will be supporting a range of broad economic indicators, such as jobs, wage growth, profits and government revenues." Bloomberg (07 Jun.), SmartCompany.com.au (Australia) (08 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 |
 - Germany's Metro will invest $125 million to open 20 Ukrainian stores
Metro, one of the largest retailers in the world, is planning to open roughly 20 new stores in Ukraine over the next couple of years as the country's economy continues to rebound. "With its huge population and the economy returning to strong growth again, Ukraine represents a very attractive market for modern retailing", said Metro CEO Eckhard Cordes. "We are convinced that there is still great growth potential for our sales divisions in the coming years." Bloomberg (07 Jun.)  | How do you stay ahead of the curve and remain in the black while consumers continue to be frugal in these difficult times? Find out how product lifecycle management solutions are helping manufacturers maximize production efficiencies, reduce time to market, and solve design and production problems before they reach the prototype stage. |
 - More Indian consumers search for deals, Nielsen reports
About 39% of consumers in India actively sought deals in the January-to-March period this year compared with 30% during the same period last year, according to Nielsen, the market research firm. "There is a greater deal seeking nature in consumers due to two primary reasons -- inflation as well as accessibility that make consumers aware of the various deals being offered by retailers," said Dipita Chakraborty, Nielsen's executive director for retail and shopper practice. The Economic Times (India) (08 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. |
  | FedEx SmartPost Returns is an ideal way for businesses with over 100 daily returns to provide a convenient returns method for low-weight residential packages. It's a cost-effective, reliable solution that utilizes the strength of the FedEx® network and the U.S. Postal Service®. Learn more.
The U.S. Postal Service and USPS are registered trademarks of the United States Postal Service |
 | E-commerce Spotlight |  | | | - Tesco aims to strengthen position as "multi-channel" company
Phil Clarke, CEO at Tesco, said the company plans to ramp up its efforts to integrate its stores with its online operations. He said retailers with physical stores can capitalise on their competitive advantage over online-only merchants. "If you can put the two together (Internet shopping and stores), you have an advantage, at least for now," Clarke said. Reuters (08 Jun.) - China's Lenovo buys Germany's Medion for €419 million
Lenovo is acquiring the German consumer electronics retailer and manufacturer Medion in a deal worth about €419 million. The acquisition allows Lenovo, which took over IBM's personal computer division several years ago, to further enter the Western European retail market. "With their strong consumer sales, marketing, services and retail capabilities, Medion AG's business is perfectly aligned with our consumer growth strategy in Western Europe," said Lenovo CEO Yang Yuanqing. InternetRetailer.com (07 Jun.) | Spotlight on Luxury Goods | | | | - Kenya's central bank wants to raise taxes on luxury products
In an effort to stablise the prices of essential services and products, Kenya's central bank has requested an increase on the taxes of luxury items. "I won't speak for the minister of Finance. However, I don't expect that there will be a rise in domestic borrowing or taxes that would affect economic growth negatively. What we could have is higher tax on luxury items because we need support for growth through government spending," said Njuguna Ndung'u, governor of the central bank. Business Daily (Nairobi, Kenya) (08 Jun.) | NRF News | | | | - CNBC documents dangers and realities of organized retail crime
After working in tandem with NRF for over six months, an hourlong journey into the workings of organized retail crime rings will air today, June 8, on CNBC. Featuring exclusive interviews with retailers and law enforcement officials, the documentary "Crime Inc: Stolen Goods" offers an inside look at organized retail crime raids and cases. In a recent blog post, NRF's Joe LaRocca shares insight on how the episode came about and shows a preview of the piece. Watch the preview.
| SmartQuote | | | |  | I have great belief in the fact that whenever there is chaos, it creates wonderful thinking. I consider chaos a gift."
--Septima Clark,
American educator and civil rights activist  |
| | 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.