Wednesday, September 14, 2011

Japan's Fast Retailing to ramp up global presence

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14 September 2011
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  Retail in Europe 
 
  • M&S CEO Bolland makes changes in effort to bolster sales
    Marc Bolland, chief executive officer at Marks & Spencer, has instituted a series of changes in an effort to drive up sales by more than £1 billion over the next few years. Changes include dropping the "Marks & Spencer" from clothing labels, new mannequins and deli counters featuring machines for making fresh pasta. The Telegraph (London) (13 Sep.) LinkedInFacebookTwitterEmail this Story
  • Street says John Lewis will "outperform" retail market
    John Lewis Managing Director Andy Street is confident that pressure on consumer spending will "stabilise" in 2012 as he vowed that the department store chain will "outperform" the flat UK retail market. Street said that John Lewis should increase sales by as much as 5% over the crucial holiday period. The Independent (London) (14 Sep.) LinkedInFacebookTwitterEmail this Story
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  Retail in Asia 
 
  • Nalli plans to expand presence in tier-2 Indian cities
    Nalli, the Chennai-based retailer known for silk sarees, is striving to grow in India's tier-2 cities. Almost half of Nalli's total sales are related to weddings, "and a significant portion of this comes from people travelling from smaller cities. They contribute about 24% of our overall sales," said Kamal Tandon, chief operating officer at Nalli Silks. "Hence, we plan to take Nalli to them. We kick-started our expansion plan in tier-2 cities by opening a store in Coimbatore in April." ComputerWeekly.com (U.K.) (13 Sep.) LinkedInFacebookTwitterEmail this Story
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  E-commerce Spotlight 
 
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  Technology Solutions 
 
  • Fashion retailer Aurora arms sales staff with iPads
    Aurora is providing its sales staff with iPads in an effort to reduce queues and streamline its system. staff will be able to access the stores' websites, check availability of products throughout Britain and place orders online when stock isn't available. "The iPad PoS is part of Aurora's commitment to be at the forefront of multichannel retailing and this initiative starts to merge digital commerce with physical retailing to create a seamless experience," said Ish Patel, group strategic development director at Aurora Fashions. ComputerWeekly.com (U.K.) (13 Sep.) LinkedInFacebookTwitterEmail this Story
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  Spotlight on Luxury Goods 
  NRF News 
  • Crate and Barrel's business case for alternative IT infrastructure
    Crate and Barrel is undertaking a significant transformation initiative to improve analysis tools and the customer experience. At the upcoming ARTS Users' Conference, held Sept. 27 to 29 in Orlando, Crate and Barrel Chief Transformation Officer Edward Rennemann will discuss building the business case to launch the initiative. The conference and workshop is open to both retailers and solution providers. Learn more. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
The basis of tragedy is man's helplessness against disease, war and death; the basis of comedy is man's helplessness against vanity."
--Dawn Powell,
American writer


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