South Korea's Lotte Mart aims to expand presence in Vietnam

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26 September 2011 Sign up Forward Archive Advertise Global retail industry news   Global Industry Watch    SABMiller aims to repair relationships with Coles and Woolworths SABMiller CEO Graham Mackay is striving to repair the difficult relationship between Foster's and its major customers, Woolworths and Coles. "We think that the relationships with them [Australian supermarkets] and management of those retail relations have been neglected and that's a fairly common cause in Australia. So, we think there is work to be done there," Mackay said. The Sydney Morning Herald (Australia) (26 Sep.)      Hallenstein reports 6.6% decline in annual earnings Hallenstein Glasson Holdings cited unseasonable weather as leading to a lack of demand in some of its products as the Auckland-based clothing retailer posted a 6.6% drop in annual earnings. "During February to July, we had to contend with the warmest winter recorded in New Zealand for some time, which was not conducive to apparel sales," said Chairman Warren Bell. "In addition, the Christchurch earthquake resulted in seven of our stores closed for the balance of the season." The New Zealand Herald (26 Sep.)      Enterprise Resource Planning automates many aspects of an organization's operations, cascading across traditional boundaries of operations, finance, manufacturing and more. As such, changes in the ERP market can cause a ripple effect in your business. Get ahead of the changing tide and trends by downloading this free whitepaper.   Retail in Europe    Starbucks reportedly plans major expansion in Germany Starbucks CEO Howard Schultz said in a newspaper interview that the US-based coffee shop giant is planning to expand its presence in Germany. Starbucks will double or triple the number of coffee shops it has in Germany in the next few years, Schultz said. Reuters (22 Sep.) Alexon under pressure to raise fresh funds As the fourth quarter rent day looms, Alexon has just a few weeks to raise funds to protect its future. Alexon is in discussions with a possible suitor while other entities are interested in taking over some of the fashion retailer's brands, such as Kaliko and Ann Harvey. The Independent (London) (26 Sep.)      ASDA reportedly lines up backing as it takes aim at Iceland ASDA, which is part of Wal-Mart, reportedly has secured support from Barclays Capital ahead of its planned run at Iceland, the frozen food retailer. The economic downturn has been good to Iceland as demand for frozen foods has increased. Google/The Press Association (U.K.) (25 Sep.)      Payment card data can be a primary target for criminals who feast on improperly stored information. Is your business at risk? Protect your company with First Data® TransArmor®. With multiple layers of security, the TransArmor solution is raising the bar on card data protection. Offering the best defense against fraudsters, nothing beats TransArmor solutions.   Retail in Asia    Copperwired plans to open more stores in Thailand Copperwired is planning to capitalise on the popularity of gadgets among Thai consumers by opening more iStudio and Life stores. The retailer plans to invest 100 million baht to tap the growing market. Bangkok Post (Thailand) (26 Sep.)      Best Buy might reopen outlet in Shanghai In a move that surprised some analysts, Best Buy said it is "considering our options related to opening" a location in Shanghai, according to a spokeswoman. Best Buy shut down all of its branded stores in China, citing underperformance. The Wall Street Journal (tiered subscription model)/Dow Jones Newswires (23 Sep.)      Other News Cotton County in talks to sell up to 51% stake The Economic Times (India) (26 Sep.)      Scheduling That Works for Employers and Employees: It's Not a Mirage Download the white paper How Automated Schedule Design and Management Benefits Both Employers and Employees for valuable tips on giving scheduling control and flexibility to employees. The result? Automated scheduling increased employee effectiveness for 84 percent of managers.   E-commerce Spotlight    Few Middle Eastern Internet users shop online, survey finds Only 6% of Internet users in the Middle East shop online regularly, according to a survey. The low numbers of shoppers is due mostly to concerns about online payments. A survey by Real Opinions also found that unreliable delivery, poor website design and a low number of e-commerce sites also contributed to the lack of shoppers. The National (Abu Dhabi, United Arab Emirates) (25 Sep.)      Kickstart your business’ marketing with FedEx Office! Save big on posters, postcards and brochures, with up to 40% off on select print products. Go to FedEx Office to take advantage of the Look Good On Paper Print Sale to get discounts on all your business printing needs.   Spotlight on Mass Merchandise    South Korea's Lotte Mart aims to expand presence in Vietnam Lotte Mart, one of the largest retailers in South Korea, reportedly is planning to ramp up its investment in Vietnam. Lotte Mart has opened two Vietnamese locations and is planning to open dozens more. Thanh Nien (Vietnam) (25 Sep.)      Are you keeping up with the changing world of employee health care? Get The Basics of Employee Health Care for Small Business: A Guide to Creating a Company Benefit Plan, and find out what you need to know today. There's no obligation. Click to download a complimentary whitepaper.   NRF News  Retail's BIG Show debuts best value package Get the best bang for your buck at NRF's 101st Annual Convention & EXPO, Jan. 15 to 18 in New York City, by registering for the best value package. New for the 2012 event, the best value package includes access to the opening night reception, Annual Retail Industry luncheon and EXPO as well as up to 60 hours of recorded educational sessions from the industry's top executives. Learn more.      Join NRF  |  NRF Events  |  FIRAE  |  STORES  |  Training and Certification   SmartQuote  If you would be known, and not know, vegetate in a village; if you would know, and not be known, live in a city." --Charles Caleb Colton, British cleric and writer        This SmartBrief was created for cpgbrokers.data@blogger.com   Subscriber Tools       Update account information | Change e-mail address | Unsubscribe | Print friendly format | Web version | Search past news | Archive | Privacy policy Grab our News Widget Publish your Press Release   Advertise Associate Publisher:  Susan W. Kim (202) 407-7877 Download Media Kit       Recent NRF Global SmartBrief Issues: Friday, 23 Sep 2011 Thursday, 22 Sep 2011 Wednesday, 21 Sep 2011 Tuesday, 20 Sep 2011 Monday, 19 Sep 2011     Lead Editor:  Liz DeHoff       Mailing Address: SmartBrief, Inc.®, 1100 H ST NW, Suite 1000, Washington, DC 20005 USA     © 1999-2011 SmartBrief, Inc.® Legal Information