Tuesday, September 13, 2011

Once again, Wal-Mart considers how to enter Russia

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13 September 2011
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Global retail industry news

  Global Industry Watch 
 
  • McDonald's to spend $1 billion to remodel Canadian stores
    McDonald's will invest $1 billion on makeovers for its 1,400 stores in Canada by the end of next year, with more contemporary looks similar to remodeled U.S. stores. New counter and kitchen layouts aim to speed service, as do the double drive-thru windows some stores will get. BurgerBusiness.com (07 Sep.) LinkedInFacebookTwitterEmail this Story
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Comprehensive Business Solutions: Optimize Operations and Cut Costs
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  Retail in Europe 
 
  • Metro CEO Cordes might resign, sources say
    Eckhard Cordes, CEO of Germany's Metro, might resign after losing the support of Haniel, an investment company that is a key shareholder in the retailing giant, according to sources. Haniel representatives have indicated to Cordes that he should not seek a contract extension, the sources said. Reuters (12 Sep.) LinkedInFacebookTwitterEmail this Story
  • Primark reports 3% rise in like-for-like sales
    Primark reported a 3% jump in like-for-like sales in the year that ended Sept. 17, but acknowledged that the high price of cotton has reduced its profits. Primark decided against raising prices this year to counter the rising cost of the commodity. The Telegraph (London) (12 Sep.) LinkedInFacebookTwitterEmail this Story
19 Experts Help You Master Facebook Marketing
Experts from Intuit, PETCO, Applebees and Intel reveal their Facebook marketing tactics at Facebook Success Summit 2011. Fully online. Click here for sample class.
  Retail in Asia 
 
  • Nike and Adidas become status symbols in China
    Yifan Zhang, a 25-year-old university teacher, recently bought a pair of Nike basketball shoes that cost him almost double that of a domestic brand as it has become desirable in China to be seen in foreign brands. "Nowadays in China you do pay attention to other people's opinion of you," Zhang said. "If you choose something like Li Ning and Anta people will say well, this kid is not rich enough to afford brands like Nike and Adidas." CNBC (11 Sep.) LinkedInFacebookTwitterEmail this Story
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  Retail in Latin America 
 
  • Rallye increases stake in Brazil's Grupo Pao de Acucar
    Rallye, the parent company of Casino Guichard Perrachon, said it acquired 3.3 million preferred shares or depository receipts in Companhia Brasileira de Distribuicao Grupo Pao de Acucar, increasing its stake to 45.9%. "This acquisition reaffirms that Rallye is, as well as Casino, confident and committed towards Brazil and GPA (Grupo Pao de Acucar)," Rallye said in a statement. MarketWatch (12 Sep.) LinkedInFacebookTwitterEmail this Story
3 Lessons for Mobile Retailers from the Entertainment Industry
Learn how to use mobile to generate the highest consumer engagement and conversion rates by:
• Customizing the mobile experience
• Scaling for delivery across mobile devices
• Connecting the online and offline worlds
  E-commerce Spotlight 
  • Groupon offers discounts on products sold online in UK
    Chicago-based Groupon is ramping up the competition with Amazon.com and eBay by offering discounts on goods sold via the Internet in Britain. Groupon's ability to e-mail discounts to more than 115 million subscribers is expected to give the company an edge, according to Scot Wingo, head of ChannelAdvisor Corp. Bloomberg (13 Sep.) LinkedInFacebookTwitterEmail this Story
  Spotlight on Grocery 
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  NRF News 
  • Google executive talks do's and don'ts of online marketing, search and holiday prep
    According to Google's Industry Director for Retail Todd Pollak, digital marketing success is simple: "Apply everything you know about direct mail marketing to online marketing." In a recent Q-and-A, Pollack shares his thoughts on top trends for digital this year, common mistakes companies make when it comes to search optimization, and what to expect for the holiday season. Read more. LinkedInFacebookTwitterEmail this Story
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Depend upon yourself. Make your judgment trustworthy by trusting it. You can develop good judgment as you do the muscles of your body -- by judicious, daily exercise. To be known as a man of sound judgment will be much in your favor."
--Grantland Rice,
American sportswriter


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