  | Global retail industry news |  |
- Jack Spade opens first international store
Jack Spade, Kate Spade's menswear complement, has opened a store in Tokyo, the company's first international store. "Our strategy for growth in building a global men's lifestyle brand includes expanding the product category offering, building consumer awareness through both marketing efforts and expanded distribution and executing a brand-appropriate retail expansion, both domestically and in key international markets," said Craig Leavitt, co-president and COO of the Kate Spade division of Liz Claiborne. Inside Retailing Online (21 Oct.)       | Consumer Insights Your Brand Needs to Know: Latest Trends in Behavioral Advertising
Learn what brand managers, advertisers, as well as networks, agencies, and publishers need to know about consumer survey insights into behavioral ad serving, also known as interest-based advertising. Learn more today! |
 - Retail sales in Britain rose 0.6% in September
Consumers in the UK bought new laptops, video games and other products to give retail sales an unexpected boost last month. Sales volumes increased 0.6% in September, compared with the same period the previous year, according to the Office for National Statistics. The Guardian (London) (20 Oct.) - Slovenia's Mercator to acquire Drvopromet's retail units
Mercator, the largest food retailer in Slovenia, is awaiting approval from the Bosnian competition authority to purchase retail units from the country's Drvopromet. The sale includes 63 Bosnian shopping centres. "The strategic alliance is consistent with Mercator's strategy of growth and the vision of being the largest food and home products retailer in the region of southeastern Europe," according to a statement from Mercator, which is also up for sale. Reuters (20 Oct.) - Unions oppose investor's call to split CEO functions at Carrefour
Trade unions are concerned that a proposal to split Carrefour's CEO functions could lead to a breakup of the retailing giant. "A dual structure, one for France-Europe and one for Asia-America clearly heralds a will to dismantle the Carrefour group, which the European Workers Committee denounces and strongly rejects," according to a statement from the committee. Reuters (20 Oct.)  | What if there was a gold mine of data that was going untapped by your data decision-making programs? Today, the role of video can extend far beyond security. Data gathered from video surveillance can now help decision makers actually grow a business rather than just protect it. Download this free white paper and learn how video analytics can translate to competitive advantage. |
 - Japanese convenience stores benefit from changes
Lawson, 7-Eleven and other major convenience stores in Japan are benefiting from the country's aging population, deflation and the fallout from the earthquake and tsunami earlier this year. "Changing demographics and the willingness to spend more for quality at convenience stores are major growth factors," said Takeshi Niinami, president of Lawson. "With the earthquake, the trends are even more obvious." Bloomberg (21 Oct.)  | Tokenization is more than a security measure and more than a cost savings technique. It can be used to build your business. This white paper discusses the ways tokens can be used in back-end business operations to develop powerful marketing programs. |
 - China's 360buy.com plans to recruit 20,000 employees
The Chinese e-commerce site 360buy.com currently has more than 13,000 people, but it plans to more than double its workforce next year to meet the needs of the company and demands of the market. China's e-commerce market is expected to grow by about 40% annually until 2013. ChinaRetailNews.com (20 Oct.)  | Improve Holiday Sales Results with Tools from Akamai!
Now is the perfect time to ensure your website will hold up to the rush of holiday shoppers headed your way. With the challenges facing retailers this holiday shopping season, it's never too soon to focus. Download Akamai's Holiday Toolkit now! |
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 - Bay CEO Brooks races to refashion retailer
Bonnie Brooks, chief executive officer at the Bay, appears to be in a race against time as she works to turn around the troubled retailer. Hudson's Bay, the retailer's parent company, had planned to launch an initial public offering to help with the revamp but has put the IPO on hold amid volatile markets. The move has been an added challenge to Brooks' efforts, but the Bay is showing signs of a revival. The Globe and Mail (Toronto) (19 Oct.)  | Power your connections and turn fans into real connections when you run technology powered by Buddy Media. Now learn how to drive results with your social posting. Download Buddy Media's free guide for Successful Retail Social Posting |
 | NRF News |  |  | | - US retail container traffic to increase in October as shipping patterns shift back to normal
Import cargo volume at the nation's major retail container ports is expected to increase 2.6% in October over the same month last year and should reach its highest level of the year as retailers stock up for the holiday season, according to NRF's monthly Global Port Tracker report. As the holidays near, NRF Vice President for Supply Chain Jon Gold noted, "Retailers are poised to succeed in maintaining the careful balance between inventory and sales that keeps customers happy while keeping retailers profitable." Read more.
| SmartQuote | | | |  | Never refuse any advance of friendship, for if nine out of ten bring you nothing, one alone may repay you."
--Claudine Guérin de Tencin,
French socialite and author  |
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