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  | Global retail industry news |  |
| Global Industry Watch |  |  | | - Canadians seek low-cost private labels and deals
Canadian consumers have reined in their spending, searching for deals and inexpensive private labels. "Promotional [discounting] activity is aggressive and consumers remain very cautious," said Eric La Fleche, CEO of Metro. The trend is being spurred by warnings from the Bank of Canada that consumers need to start saving as they have taken on too much debt. The Globe and Mail (Toronto) (10 Aug.)       | The Business Platinum Card® from American Express OPEN
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  - UK's OFT says companies coordinated dairy price increases
Britain's Office of Fair Trade has fined Tesco, Sainsbury, Asda and other retailers as well as dairy processors for alleged price fixing of dairy products. "This decision sends a strong signal to supermarkets, suppliers and other businesses that the OFT will take action and impose significant fines where it uncovers anti-competitive behaviour aimed at increasing the prices paid by consumers," said John Fingleton, chief executive at OFT. Tesco has rejected the ruling and threatened legal action against the OFT. Reuters (10 Aug.), The Guardian (London) (10 Aug.)  | Don’t miss DMA2011— The Global Event for Real-Time Marketers. You’ll hear thousands of practitioners and experts discuss solutions and best practices to achieve optimal channel mix and integration that lead to measurable results and increase real-time customer engagement. Save an extra $300 when you register now with Keycode SMB3. |
 - Merchants split over new plastic bag law in Nagpur, India
Large retailers in Nagpur, India, have started charging customers for polybags, but smaller retailers are resisting the move to the more environmentally friendly and costlier bags. "Customers are unhappy with rise in the prices of commodities anyway. Charging them for plastic bag would be an added irritant," said a vegetable vendor. The Times of India (11 Aug.)  | Get the Information That Leads to Higher Sales
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  | Three Trends Causing Paradigm Shifts in Online Retail
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 | E-commerce Spotlight | | | | - Land's End overhauls e-commerce strategy for Europe
Land's End is striving to offer more compelling sites for its European customers. "Our overall business goal is to create a consistent, updated e-commerce platform across the European countries we have business operations in, as well as have a model in place for future brand expansion," said Steve Chetney, chief information officer at Land's End. InternetRetailer.com (10 Aug.) - U.K. riots spark rush for aluminium bats on Amazon
Aluminium bats and other items that can be used as a weapon quickly became hot items on Amazon in the U.K., amid riots sparked by a shooting last week. The rank of aluminium baseball bats jumped more than 6,000%, and Amazon apparently stopped selling another item, tonfa, which can be used as a nightstick. CNNMoney.com (09 Aug.) | Spotlight on Consumer Electronics | | | | - Media Markt plans to open more stores in Shanghai
Media Markt, the electronics retailer owned by Germany's Media Saturn Holding, is planning to have up to seven outlets in Shanghai by the end of the year, according to a senior company official. Frank Bussalb, the new CEO of Media Markt China, said the retailer has high hopes for its expansion. China Daily (Beijing) (11 Aug.) | NRF News | | | | - How near-field communications are impacting retail technology
Short-range wireless interactions -- also known as near-field communications -- impact everything from customer engagement to secure mobile transactions. With the announcement of a recent partnership between NRF's Association for Retail Technology Standards and the NFC Forum, ARTS Executive Director Richard Mader shares why NFC is a big deal for retailers and consumers alike. Read more.
| SmartQuote | | | |  | One must always maintain one's connection to the past and yet ceaselessly pull away from it."
--Gaston Bachelard,
French philosopher  |
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