  | Global retail industry news |  |
- Australia expected to continue to lure overseas retailers
Australia's retail sector has faced challenges this year, but some major retailers, such as Harvey Norman, JB Hi-Fi and Woolworths, have still managed to report increased profits. Analysts at IBISWorld expect retail spending in the country to rise 3% this year. "This will make Australia an attractive location for international brands, with both Costco and Ikea planning further stores and UK mega fashion store Topshop opening its first Australian outlet by 2012," said Karen Dobie, general manager at IBISWorld. The Sydney Morning Herald (Australia)/Australian Associated Press (12 Sep.)       | Comprehensive Business Solutions: Optimize Operations and Cut Costs
Prepare for the new economy by cutting costs, increasing efficiency, and building lasting relationships with your customers. Read this solution brief to learn how to optimize your operations for profitable growth, and gain competitive insights through better business intelligence. |
 - Kingfisher plans to open new stores in Russia
Kingfisher, the DIY retailer, is set to announce plans to open nine new outlets in Russia as it strives to tap into the home improvement trend among the country's middle class. The announcement comes as UK Prime Minister David Cameron visits Russia to improve the relationship between the countries. The Telegraph (London) (12 Sep.) - Dixons Retail alters approach in Scandinavia
Dixons Retail is reining in its capital expenditure in Scandinavia by opening fewer stores and shifting its focus to online sales. "Nobody is growing space in the market, competitors are closing stores, so there will be less and less space," said Ronny Blomseth, managing director of Dixons' Nordic unit. "We are growing a little bit." Bloomberg (12 Sep.)  | Three Trends Causing Paradigm Shifts in Online Retail
The growth of ecommerce is accelerating as consumers become more comfortable and confident transacting online. In this whitepaper you will learn about the three major trends re-shaping online retail.
• Video as a way to enhance the shopping experience
• Mobile as a channel for expanding marketing reach
• Personalization informed by advanced analytics |
 - Waterstone's takes on Amazon with plans for e-reader
Waterstone's, the largest bookseller in the UK, has confirmed that it plans to launch its own electronic reader within the next six months. "We in Waterstone's need to offer you a digital reader which is at least as good, and preferably substantially better, than that of our Internet rival," said James Daunt, managing director at Waterstone's. "And you will have a much better buying experience purchasing your books through us." The Guardian (London) (09 Sep.)  | Controlling Costs through Proactive Claims Management
Mitigating the effects of workplace injuries through proactive and diligent claims management is critical to controlling workers’ compensation-related costs. Download “Controlling Costs Through Proactive Claim Management,” to help you understand and manage the claim process.
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 - Alibaba's Ma says he's not responsible for ouster of Yahoo! chief
Jack Ma, the head of China's Alibaba, said that he's not responsible for the ouster of Carol Bartz, former CEO of Yahoo!, and was silent on the future of the Internet company's stake in his firm. The relationship between Yahoo! and Alibaba has faced significant strains this year. Google (10 Sep.)  | Let Social Media Find Your Staff For You
Give your hiring managers fast, easy access to quality employees by pairing social media with automated recruitment solutions that use Web 2.0 functionality. Download the white paper Automating Social Recruiting for Better Hiring and see how 85 percent of best-in-class companies save money with automation. |
 | Spotlight on Mass Merchandise |  |  | | | NRF News | | | | - The retail rollercoaster: How to manage market volatility
Due to sluggish economic growth, retailers continue to wrestle with cautious consumers, uncertain market conditions and extraordinary challenges when it comes to protecting profits and planning operations. In a Sept. 22 STORES Knowledge Series webinar, executives from RSR Research, IDC Retail Insights and Epicor will share their insights on how to plan precisely to retain more profits. Learn more.
| SmartQuote | | | |  | If you had to identify, in one word, the reason why the human race has not achieved, and never will achieve, its full potential, that word would be 'meetings.' "
--Dave Barry,
American author and columnist  |
| | This SmartBrief was created for cpgbrokers.data@blogger.com
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