Tuesday, August 16, 2011

Australia's Country Road takes digital path to profit

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16 August 2011
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Global retail industry news

  Global Industry Watch 
 
  • EU may be considering increasing tariffs on Chinese products
    The EU published a five-year strategic blueprint in November 2010 that stresses global trade competitiveness. The blueprint prompted a warning in China that the EU might increase tariffs on imports of inexpensive products. "A series of actions adopted by the EU this year suggests that tougher trade policies adopted towards China may increase the possibility of trade protectionism," said Bai Ming, an analyst. China Daily (Beijing) (12 Aug.) LinkedInFacebookTwitterEmail this Story
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  Retail in Europe 
 
  • Scotland aims to phase out use of plastic bags
    Environmental groups have applauded Scotland's move to reduce use of plastic bags by charging for them in supermarkets, but business groups are raising concerns about the economic effects. "It's hugely encouraging that so many people are now taking this issue seriously, and over the past five years we have seen a lot of progress in cutting plastic bag use, both by shops and shoppers," said Environment Secretary Richard Lochhead. "We want to phase out the use of free plastic bags in supermarkets, with the continued help of retailers." The Scotsman (Edinburgh) (16 Aug.) LinkedInFacebookTwitterEmail this Story
  • Other News
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  Retail in Asia 
  • India's retailers use Independence Day to coax consumers
    Retailers in India are striving to lure consumers back into their shops by playing off Independence Day. Merchants are promising "freedom" from high prices and other promotions. "Though consumers are used to offers during I-Day, this time around the emphasis is more on aggressive pricing," according to a Reliance Retail official. The Times of India/TNN (16 Aug.) LinkedInFacebookTwitterEmail this Story
  • Big C and Cencar file suit against Tesco Lotus operator
    Big C Supercenter and Cencar have accused Ek-Chai Distribution System, which operates the Tesco Lotus chain, of unfair trading practices in a recently filed civil lawsuit in Thailand. "We decided to take the case before the civil court because we want to protect our rights," said Kudatara Nagaviroj, corporate image director for Big C. "Ek-Chai misused our logos and our trade and marketing mechanism for its own benefit." Bangkok Post (Thailand) (16 Aug.) LinkedInFacebookTwitterEmail this Story
  • Retail sales in Singapore surged in June
    Singapore's retail sales index jumped 10.9% in June compared with the same month the previous year. The index was up a revised 9.6% in May, according to the Statistics Department. Purchases of luxury goods and consumer electronics rose on the expanding job market. Bloomberg (15 Aug.) LinkedInFacebookTwitterEmail this Story
  • Other News
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  E-commerce Spotlight 
 
  • Australia's Country Road takes digital path to profit
    Country Road, an Australian fashion retailer, is testing free delivery of online purchases and rolling out new applications for smartphones in an effort to tap into the digital revolution. The efforts come as many traditional retailers in Australia struggle to embrace e-commerce. The Australian (16 Aug.) LinkedInFacebookTwitterEmail this Story
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  Spotlight on Grocery 
  • Sainsbury's to test "Brand Match" promise guarantee
    Sainsbury's is taking on Tesco and ASDA by offering a "Brand Match" price guarantee covering grocery baskets of goods. Mike Coupe, Sainsbury's group commercial director, said the move will "reassure" consumers that the company's prices are competitive. "Shoppers don't want to spend time constantly checking prices or logging on to a computer to print out a coupon at home. We're doing the maths and the work so they don't have to," he said. The Guardian (London) (16 Aug.) LinkedInFacebookTwitterEmail this Story
  • Other News
  NRF News 
  • Retail technology: Why the UK is ahead of the game
    What does the UK have that the US and Canada don't? Multiple advantages in the retail technology space, according to Duncan Taylor, director of store solutions for retail solution provider Epicor. In a recent Q&A on Retail's BIG Blog, Taylor also shares his views on topics including mobile POS and capabilities of the cloud. Read more. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
Trust your own instinct. Your mistakes might as well be your own, instead of someone else's."
--Billy Wilder,
Austro-Hungarian-born American filmmaker


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