  | Global retail industry news |  |
- Canadian retailers use Halloween to scare up business
Canadian retailers have seen sluggish sales in recent months, but are hoping Halloween will be different. "Halloween is one of our biggest times of year at Value Village, and it keeps getting bigger. In fact, over the last five years we've seen Halloween sales increase more than 35%," said Ken Alterman, president and chief executive of Value Village. "It's a holiday where you can escape from everyday worries, alter your ego and just have fun celebrating with friends and family. People love that." Toronto Sun/QMI agency (15 Sep.)       - Hennes & Mauritz beats expectations with August sales
Hennes & Mauritz reported revenue at stores and online sites open for a year or more was unchanged in August, beating analysts' expectations of a 7.2% decline. The report helped drive up shares in the Swedish retailer. "The result is pleasing as it suggests the underlying rate of sales has improved, which may indicate H&M's competitive pricing is gaining more traction with customers," according to analysts at Bank of America Merrill Lynch. Bloomberg (15 Sep.), Reuters (15 Sep.) - Fat Face gets bit of a fresh start at new Westfield mall
Anthony Thompson, chief executive officer at the clothing brand Fat Face, is optimistic about the company's new store at the Westfield Stratford City shopping centre in London. Fat Face struggled during the economic downturn, but with a new outlet opposite Marks & Spencer in the new mall, it is looking to reemerge. "In terms of what it says about us as a brand it is a very important moment," says Thompson. "It's an expression of confidence and the direction we are heading in." The Guardian (London) (15 Sep.)  | As Facebook no longer allows you to hide comments from your brand followers, effective moderation is paramount.
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 - Social networks expected to boost online luxury goods sales
Luxury goods producers could help bolster online sales of their products by building networks on Facebook and other social media sites, according to a recently published study. "The explosion of social media and the increasing investments in the online channel by luxury companies has reinforced and enlarged the community of those who explore, comment upon and eventually purchase luxury goods," according to Altagamma, an Italian luxury trade group that produced the report. Bloomberg Businessweek (15 Sep.)  | Quick Guide to Workers’ Compensation in 2011 and Beyond
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 | NRF News |  |  | | - Product listing ads, social engagement, drop shipping among hot trends on Summit EXPO floor
In interviews conducted right on the Shop.org Annual Summit EXPO Hall floor, six industry professionals shared what hot items were trending among the digital crowd. Topics ranged from product listing ads to social engagement to drop shipping, demonstrating -- if nothing else -- that the online retail industry has a lot of opportunities. Watch these six industry professionals share where they think the trends, challenges and buzz lie. Watch the video.
| SmartQuote | | | |  | Chains of habit are too light to be felt until they are too heavy to be broken."
--Warren Buffett,
American businessman and philanthropist  |
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