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  | Global retail industry news |  |
- Uniqlo expected to target U.S. as it seeks to expand
Aeropostale, American Eagle Outfitters and other U.S.-based clothing retailers could be possible takeover targets for Japan's Fast Retailing as it strives to make its Uniqlo the largest apparel retailer in the world. "U.S. properties in yen terms are cheap. The idea that they might want to have some penetration in the largest consumer market on the planet is not a surprise," said Keith Wirtz, chief investment officer at Fifth Third Asset Management. Bloomberg (14 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! |
 - Majestic reports 20% surge in first-half profits
Majestic, the wine retailer, saw a 20% jump in profit in the first half, but like-for-like sales in its British stores slid 1.1% in October. Steve Lewis, chief executive officer at Majestic, said that trading has becoming more difficult. "When the consumer has a good reason to spend, such as the late summer weather, they spend. Then you have quieter months," Lewis said. The Guardian (London) (14 Nov.)  | Key Steps Business Owners Should Know About Successful International Payments. This American Express® guide helps you streamline FX payments. Includes FX payment provider profile, how to simplify payments, and insightful FAQ. |
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 | Spotlight on Mass Merchandise |  |  | | |  | - Commentary: Major Canadian retailers face differing fortunes
Sears Canada and Metro are poised to release quarterly results this week. Analysts expect the numbers to be mixed. Sears has a new CEO, Calvin McDonald, who has noted that the retailing giant faces an identity crisis and needs significant changes. Meanwhile, Metro has seen its shares jump 9% as investors seek safe havens in consumer staples and other defensive sectors. The Globe and Mail (Toronto) (13 Nov.)  | 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! |
 | NRF News | |  | | - NRF pushes for quicker visa approval for tourists from Brazil, China and India
NRF last week urged the U.S. Senate to approve legislation that would help create jobs by making it quicker for citizens of Brazil, China and India to obtain visas needed to travel to the United States on business or to shop in U.S. stores. "With rapidly growing economies creating a new breed of affluent shoppers in countries like Brazil, China and India, U.S. retailers have grown to highly value foreign tourists in recent years," NRF Senior Vice President for Government Relations David French said. Read more.
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