  | Global retail industry news |  |
- Gap opens first Hong Kong store
Gap opened its first store in Hong Kong on Friday, as part of the apparel retailer's ramped-up expansion plan in China. The new 15,000-square-foot store is the chain's ninth in China since it opened its first stores in the country last year. Women's Wear Daily (subscription required) (25 Nov.)      - M&S is back in France after a decade's absence
Marks & Spencer opened a new store on the Champs-Elysees in Paris last week, marking the UK chain's return to France after closing shop there 10 years ago. Nearly 1,000 M&S fans lined up to await the opening last Thursday of the 1,400-square-meter store, which is smaller than the previous locations and largely focused on women's apparel. Star Publications (Malaysia)/Reuters (25 Nov.)  | 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! |
 - Arcadia sees warm-weather slowdown
The warmest autumn on record brought a decline in same-store sales and profits at Arcadia's Topshop and other chains, and CEO Sir Philip Green said the company may close up to 260 stores as leases expire in the next three years. The company hasn't increased its clothing prices amid rising commodity costs, and may need to increase pre-Christmas discounts on cold-weather apparel. The Guardian (London) (24 Nov.)  | Face-to-face business events are proven to increase revenue, especially when held in a creative destination like Orlando. A recent economic impact study showed that for every $1 spent on business travel, companies benefited an average of $12.50 in increased revenue and $3.80 in new profits. Solve your business event needs and increase ROI in Orlando. |
 - India's government eases foreign retail ownership rules
Large foreign retailers such as Wal-Mart and Tesco that sell more than one brand will now be able to own up to 51% of their stores in India, and single-brand merchants will be able to own 100% of their stores, the government said Friday. The new rules will create up to 10 million jobs and boost prices for local farmers, said Commerce Minister Anand Sharma. Bloomberg Businessweek (28 Nov.) - Some states in India aim to bar foreign retailers: Governors in five Indian states announced their unwillingness to let foreign retailers operate in their states under new rules governing foreign ownership. The governors, whose approval would be required under the new law, expressed concern about the impact big chains would have on local small businesses. The Wall Street Journal/The Associated Press (28 Nov.)
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  - UK's online shopping season kicks off with Mega Monday
UK consumers are expected to begin their online holiday shopping in earnest today, and sales are expected to rise 12% over the same period last year, according to one estimate. Mega Monday kicks off the start of an expected two-week online shopping binge, as consumers who scoped out the sales during the weekend hurry to get their orders in in time for delivery before Christmas. The Guardian (London) (27 Nov.)  | Carbonite Business is a better way to back up your small business. Get safe, continual and automatic online backup for your important business data, at a price you can afford. With Carbonite Business, you can back up an unlimited number of computers, starting at just $229/yr. Don’t let your business files go unprotected — get Carbonite Business today! |
 - Debenhams seeks out mobile payment options
Using mobile phones to pay for in-store purchases is on the rise and the technology is expected to become the norm within the next five years, say Debenhams executives who are exploring ways to add the option at the company's high street stores. New Media Age (27 Nov.)  | Large banks declined 9 out of every 10 of small business loan applications over the last year. It's a problem that fundyng.com is here to fix. Get a FREE financial assessment and learn how Fundyng.com can provide your business with up to $250K in 3 days. To qualify, your business must be at least one year old and accept credit cards as a form of payment. |
 | Spotlight on Mass Merchandise |  |  | | |  | - Chongqing mayor applauds Wal-Mart's swift action on pork issue
Wal-Mart acted swiftly and reasonably to fix problems at 13 stores in Chongqing, China, after officials there discovered repeated food-labeling violations including conventionally raised pork that was labeled "organic," said Mayor Huang Qifan. The chain changed its staff, added training programs and adjusted its supply chain to fix the problems, he said. The Wall Street Journal (25 Nov.)  | What's a good health plan for small businesses? There are a number of factors to consider to find a good fit, and making a decision is filled with trade-offs and compromise to balance your cost and the benefits you get for your employees. Download this complimentary whitepaper to begin the evaluation process now! |
 | NRF News | |  | | - 5 things you need to know about the multichannel holiday shopper
Recent holiday research from NRF and Shop.org supports the fact that consumers are really cross-channel shoppers, primed to take advantage of retailers' holiday deals across the Web, stores, smartphones and tablet devices -- or where and when it suits them best. In a recent post on the Shop.org blog, Head of Research Fiona Swerdlow shares 5 trends on the multichannel holiday shopper including how this group plans to buy and pay for their gifts and when they'll start making their holiday purchases. Read more. Shop.org Blog (23 Nov.)
| SmartQuote | | | |  | Any idiot can face a crisis -- it's the day-to-day living that wears you out."
--Anton Chekhov,
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