  | Global retail industry news |  |
- Target Canada launches careers website
Target's first stores in Canada are scheduled to open in March 2013, but the company has already started recruiting workers. Target Canada has launched a careers website as the company plans to hire "tens of thousands" of employees. The Toronto Star (30 Aug.)      - Japan's Uniqlo to open 2 flagship stores in Manhattan
Uniqlo, the fast-fashion giant based in Japan, is poised to open two flagship stores in Manhattan in October. The retailing giant has launched several activities and partnerships in New York to celebrate the openings. The Fast Retailing subsidiary also has a flagship store in New York's SoHo district, as well as London, Shanghai, Taipei and Paris. ChainStoreAge.com (30 Aug.)  | Xerox® ColorQube® solid ink printers, starting at $699. With 90% less waste and speeds up to 40 ppm, ColorQube® is your perfect solution for affordable color printing. Plus, save up to $300 with a trade-in rebate. Enter to win an Apple® MacBook Pro™. |
 - Carrefour's plans highly anticipated as it reports earnings
Carrefour, the second-largest retailer in the world, is poised to report first-half earnings today and offer an update on its plans for Brazil, as well as on the overhaul of its European hypermarkets and its French operations. "The consensus is already expecting an operating profit fall in 2011 and we expect guidance to be revised down by management," according to Credit Suisse analysts. Reuters (30 Aug.) - Metro battles investor over acquisitions for Media-Saturn
Erich Kellerhals, an investor who owns a blocking minority in Media-Saturn, is opposed to several acquisitions proposed by Metro, which owns 75% of the consumer electronic chain. Metro, the German retailing giant, plans to continue pursuing the acquisitions, which will expand Media-Saturn's online activities. Reuters (30 Aug.)  - Tesco puts Japanese business up for sale
After an eight-year struggle in Japan, Tesco has decided to exit the country, putting its operations there up for sale. "What we thought we'd be able to do is take our Express format and our small supermarket format and grow it in the Tokyo area," said CEO Phil Clarke. "Unfortunately it's proven to be very difficult to shift consumers from the stores that they use into new ones." The Guardian (London) (31 Aug.), Bloomberg (31 Aug.)  | NYSERDA (New York State Energy Research and Development Authority) can provide the financial and technical assistance you need to make your next energy-efficiency project a success. From capital improvements to new construction to energy studies, we can help you save serious money and energy. Download this free resource to learn more. |
 - DIA moves forward with franchise agreement in Brazil
Madrid-based Distribuidora Internacional de Alimentacion, which was spun off from Carrefour this summer, said negotiations are "progressing" over a franchise deal in Brazil. DIA CEO Ricardo Curras said the plan is to have the agreement in place by the end of the year. "We are targeting an accelerating growth pace in store openings in emerging markets, especially in Brazil, during the second half as other mature markets such as France are suffering really tough times," Curras said. Bloomberg Businessweek (30 Aug.)  | Organizations who handle payment card data are obligated to comply with the Payment Card Industry Data Security Standard (PCI DSS). This whitepaper discusses how the TransArmor® solution can enable scope reduction, minimizing costs and effort of PCI compliance. |
 | E-commerce Spotlight |  |  | | - Commentary: Internet changes retail landscape
Ariel Finkelstein, CEO of Kampyle, argues that the Internet, and consumers' improving access to it, is fundamentally changing the retail landscape. Retailers need to either adapt or pay the price, according to Finkelstein. He also dismisses the argument that adding an online channel could cannibalise a retailer's traditional operations. "(T)he very nature of the web means the online store can reach new markets far from the geographic location of physical stores, thereby offsetting any cannibalisation," Finkelstein writes. The Australian (31 Aug.) | Spotlight on Luxury Goods | | | | | NRF News | | | | - Shoppers are evolving. Are you adapting?
Armed with smartphones and Internet access, shoppers are smarter and more informed than ever. Is your retail experience compelling enough to create brand ambassadors? In a Sept. 8 STORES Knowledge Series webinar, executives from IDC Retail Insights and ARTS, the Association for Retail Technology Standards, will review the latest and greatest in retail technology innovations that are transforming the way retailers measure success. Register or learn more.
| SmartQuote | | | |  | The man who never alters his opinion is like standing water, and breeds reptiles of the mind."
--William Blake,
British poet, painter and print maker  |
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