  | Global retail industry news |  |
- New Morocco Mall to open in December in Casablanca
Casablanca's new Morocco Mall is seen as a symbol of the country's shift toward a modern era of retail. FNAC, Galleries Lafayette and hundreds of other brands will occupy space in the mall, which will also feature a luxury zone. Fendi, Gucci, Balenciaga and other luxury brands will be featured. Inside Retailing Online (27 Oct.)       | Are your ATMs at risk of "Skimming"? It's a costly crime that is sometimes hard to identify. Download this 6-page brief from 3VR to understand skimming and how to prevent it. |
 - Leclerc strives to overtake its French rival Carrefour
Leclerc, France's No. 2 mass market retailer, is working to take over the country's top spot, currently held by Carrefour, according to CEO Michel-Edouard Leclerc. "In the short-term, we're expecting an 18 percent market share in 2012, compared with 17.5 percent this year," Leclerc told Le Monde. "Our objective is to dethrone Carrefour between now and 2015, thanks to a growth rate of 4.5 to 5.5% a year." Reuters (27 Oct.) - Strong sales in Poland help boost Jeronimo Martins' profit
Portugal's Jeronimo Martins met market expectations by posting a 21% surge in quarterly profit. The company's Polish division contributed strong sales growth, while domestic sales remained resilient to the economic slowdown. Jeronimo Martins also announced that it will expand into Colombia. Reuters (27 Oct.)  | Make your business phone system decision much easier. Not sure what your buyer type is? Need a better understanding of the features available? Download this free guide to get access to Focus' Short List as well as our side-by-side assessment of all of the key vendors in the space. |
  - Analysts expect Q3 was tough for Brazilian retailers
A survey of analysts found that retailers and consumer goods companies in Brazil likely suffered their worst results in 18 months in the third quarter. The analysts cited Brazil's economic slowdown and deteriorating consumer confidence. "In the second quarter we had some signs of deterioration in retailers' results, and the third quarter marks the first time in a while that we are expecting more negative than positive results in the sector," according to BTG Pactual analysts. Reuters (27 Oct.)  | Is your period-end close consistent and efficient? Download this eBook to learn how to automate this critical business process and transform your financial close into an integrated, repeatable process, executed with precision and speed—every time. |
 - Germany's Spreadshirt.com sees U.S. revenue surge
Spreadshirt.com, an apparel customization retailer based in Germany, has increased its U.S. sales by 90% this year, according to Philip Rooke, head of Spreadshirt Manufacturing Deutschland. "Our U.S. business has been fairly recession-proof," he said. "It is absolutely booming." InternetRetailer.com (27 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! |
 - Burberry CEO Ahrendts sees opportunity in Asia
Angela Ahrendts, chief executive officer at Burberry Group, said that Asia has a lot more flagship markets than anywhere else in the world right now. Burberry, which recently exceeded analysts' estimates with quarterly sales, plans to continue to invest in its expansion plans. Bloomberg (28 Oct.) - H&M creates collection inspired by "Girl with the Dragon Tattoo"
Hennes & Mauritz has partnered with Trish Summerville, costume designer for the film "The Girl With the Dragon Tattoo," to develop a collection based on the character Lisbeth Salander. Summerville has added Salander's edgy, urban essence to 30 pieces. "We took her [Salander's] basic pieces that we used throughout the film and did a little more fashionable version for H&M," Summerville said. The Telegraph (London) (26 Oct.)  | Gain the Power to Grow your Business—learn how to:
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 | NRF News |  |  | | - Survey: Online retailers prepping for promotion-heavy holiday season
Free shipping offers, among other holiday promotions from online retailers, will abound this holiday season, according to Shop.org's eHoliday survey. Additionally, nearly seven in 10 retailers say they expect their company's online sales to grow at least 15% or more compared to last holiday season. The survey is supported by new data from NRF, which found the average shopper plans to do about 36% of their holiday shopping online, up from 32.7% last year. Read more.
| SmartQuote | | | |  | A person without a sense of humor is like a wagon without springs. It's jolted by every pebble on the road."
--Henry Ward Beecher,
American clergyman and lecturer  |
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