  | Global retail industry news |  |
- Victoria's Secret expands in Calgary
Victoria's Secret is poised to open a store in Calgary's Southcentre mall on Nov. 3, according to Shawn Hanson, general manager of the mall. "Victoria's Secret is an iconic brand in retail and obviously we're really excited about having them at Southcentre," he said. "The clientele that they bring and cater to Victoria's Secret is very indicative of who the Southcentre customer is as well. It is something our customers have been looking for." Calgary Herald (Alberta) (12 Oct.)       | Move beyond credit risk defense. Gain the power to grow with BusinessIQ℠. For a limited time, you can see the benefits of Experian business information for yourself with a 30 day free trial* of our commercial credit reports and scores – with no strings attached. |
 - Burberry executive says luxury spending remains strong
Stacey Cartwright, finance director at Burberry, said that the UK luxury goods company is not seeing a decline in demand despite the fragile economy. "No evidence of any slowdown ... What we have seen is consistent strong brand momentum and business growth," Cartwright said. Burberry reported a 29% surge in quarterly revenue. Reuters (12 Oct.)  | Logistics is much more than the movement of goods and services. It's also your pre-game strategy. Before you step on the court, you need the right players running the right plays at the right time. Learn more about those key plays in this free whitepaper from UPS and get in the game of logistics. |
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 - Taobao to introduce standards to China's e-commerce market
Millions of online stores in China cater to consumers, but product quality remains a concern. Taobao is seeking to bring some order to the market by introducing regulations to its online marketplace and improving its management system. "We hope to use this plan to spur businesses who fail to meet our standard and encourage them to conduct self-inspections to improve their services. Otherwise, they will be deserted by the market," said Zhang Yong, president of Taobao. China Daily (Beijing) (12 Oct.)  | 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. |
 | Spotlight on Consumer Electronics |  |  | | |  | - Metro's Saturn launches online sales
Metro's Saturn stores have started selling consumer electronics to Germans a decade after Amazon.com entered the market. Metro's Media Markt chain is poised to join Saturn in January. Analysts expect the move to help Metro increase sales growth at the division. Bloomberg (12 Oct.)  | NRF News | |  | | - NRF CEO travels to China to strengthen retail ties
NRF President and CEO Matthew Shay travels to China this week for a four-day trade mission intended to strengthen the U.S. retail industry's ties with fellow retailers, manufacturers, other businesses, and both U.S. and Chinese government officials. Shay is scheduled to meet with officials at the U.S. Embassy in Beijing to address U.S.-imposed trade barriers that drive up the cost of merchandise, Chinese rules that restrict U.S. retailers' ability to open stores there, delays in processing visas for Chinese citizens traveling to the United States to shop or for business, and legislation pending in Congress that would pressure China to let its currency float more freely against the U.S. dollar. Read more.
| SmartQuote | | | |  | There is no power on earth that can neutralize the influence of a high, pure, simple and useful life."
--Booker T. Washington,
American educator, author and political leader  |
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