Tuesday, November 29, 2011

Retailers get more selective in tight economy

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29 November 2011
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  Global Industry Watch 
 
  • Brazil's growth brings new retail opportunities
    Brazil has matured since the economy stabilized in 1994, bringing new opportunities for retailers looking to expand into new global markets, says Alberto Serrentino, senior partner at GS&MD –- Gouvêa de Souza in São Paulo. "In the last seven years, 30 million consumers migrated from poverty to the emerging middle class, leveraging the domestic market and changing everything." Retail's BIG Blog (28 Nov.) LinkedInFacebookTwitterEmail this Story
 
  • Target looks to end union contracts in Canada
    Target's plans to convert 135 Zellers stores in Canada by 2013 don't include a union workforce. Workers at Zellers' 15 unionized stores are pushing to keep their protections under the new owner, but Target says its deal with Zellers is strictly a real estate transaction and the laws don't require it to honor union deals with the previous owner. The Globe and Mail (Toronto) (28 Nov.) LinkedInFacebookTwitterEmail this Story
  • Other News
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 in Europe 
 
  • Retailers get more selective in tight economy
    Footwear and accessories retailers in major European markets including London, Paris and Milan are stocking their stores with high-quality items and proven sellers amid ongoing economic uncertainty. "The more expensive pieces that can be worn for every day are selling well. The key is adapting our buying skills for precarious economic times," said Pam Brady, accessories buyer for Browns in London. Women's Wear Daily (subscription required) (28 Nov.) LinkedInFacebookTwitterEmail this Story
  • M&S turns cashmere sweaters into coats
    Marks & Spencer has embarked on a program aimed at meeting the growing demand for cashmere while aiding environmental efforts. The retailer has turned damaged cashmere sweaters that were returned to its stores into 500 coats that will go on sale at five of its stores and online for £149 next month; M&S is working with Oxfam to expand the program using donated sweaters that aren't fit for resale. The Telegraph (London) (27 Nov.) LinkedInFacebookTwitterEmail this Story
  • John Lewis to advise customers on greener buying
    Department store John Lewis has become a founding partner of environmental charity The Energy Saving Trust, and store workers will now offer customers advice aimed at helping them make more environmentally friendly purchases. The store already uses the organization's label on about 3,000 energy-saving appliances. MarketingWeek.co.uk (U.K) (free content) (28 Nov.) LinkedInFacebookTwitterEmail this Story
  • Domino's Pizza has big plans for Germany
    Domino's will end the year with six restaurants in Germany, but the chain is poised to grow to between 2,000 and 4,000 stores there in the coming years, said Lance Batchelor, who will take over as president of the UK division on Dec. 26. Reuters (28 Nov.) LinkedInFacebookTwitterEmail this Story
The telephony market is making a lot of smart people make poor choices. Take a minute to read the latest VoIP News and ground your opinion in hard-bitten analysis. In this complimentary guide, we chart the future of IP-convergence, mobility, IPv6, and much more. Get the VoIP News here.
  Retail in Asia 
 
  • Global demand means record year for ornament factory
    Economic uncertainty in the US, Europe and other parts of the world have fueled higher demand for less-pricey Christmas decor from ornament factories in the town of Yiwu, in China's Zhejiang province. "There is a 40 percent increase in orders from foreign countries compared with last year, which we thought was already the peak," said Lou Aiju of Yihang Christmas Decoration Arts and Crafts. China Daily (Beijing) (28 Nov.) LinkedInFacebookTwitterEmail this Story
  • Yum! Brands seals deal to open gas-station eateries in China
    Yum! Brands has signed a deal with Chinese petroleum group Sinopec Group to open up to 50 KFC, Pizza Hut, and East Dawning restaurants at Sinopec's service stations throughout the country in the next five years. Yum! already operates 4,000 restaurants in China, including seven at Sinopec gas stations in Shanghai and Guangdong. ChinaRetailNews.com (28 Nov.) LinkedInFacebookTwitterEmail this Story
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!
  Technology Solutions 
 
  • Starbucks to roll out mobile payment app in the UK
    Customers at 700 Starbucks stores in the UK and Ireland will be able to pay with their mobile phones starting early next year, when the chain debuts a mobile payment application that's already proven popular in the US. The app lets shoppers load their gift cards onto smartphones and use the gadgets to pay. FastCasual.com (28 Nov.) LinkedInFacebookTwitterEmail this Story
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.
  Spotlight on Grocery 
 
  • Iceland could add appliances, apparel to grocery shelves
    Grocery chain Iceland is up for sale and a new package of information put together by consultants OC&C says it might make competitive sense for the chain to add non-grocery items including TVs and clothing to its merchandise mix to meet demand from consumers who want one-stop shopping. Supermarket chains ASDA, Tesco and Sainsbury's are three of the UK's seven biggest clothing retailers. The Telegraph (London) (28 Nov.) LinkedInFacebookTwitterEmail this Story
  • Sainsbury's launches holiday pantomime ads
    Sainsbury's has partnered with radio station owner Bauer Media on a series of pantomime-themed Christmas ads featuring celebrity chef Jamie Oliver. Audio spots tailored to local markets will run on Bauer's radio stations and video clips will be available online. MarketingWeek.co.uk (U.K) (free content) (28 Nov.) LinkedInFacebookTwitterEmail this Story
  • UK grocery bills lower than the rest of Europe
    Food prices are rising but UK consumers are still saving about 5% compared to their neighbors in other European countries, according to research from the British Retail Consortium. The report found that prices on everything except alcohol and tobacco are lower in the UK than in the rest of the Eurozone. The Grocer (U.K.) (28 Nov.) LinkedInFacebookTwitterEmail this Story
Retailers use video surveillance as a valuable tool to combat shrinkage, which can account for more than 2% of retail sales for some U.S. organizations. Shrink is up 6.6% in 2011 over 2010. This 6-page whitepaper from 3VR gives real examples on how retailers are increasing sales with video surveillance & analytics. Download it free today.
  NRF News 
  • Yankee Candle shares the secret to retail analytics in the cloud
    Without the correct data, tools and resources to collect and analyze retail performance metrics, retailers aren't executing at their full potential. In a Dec. 1 STORES Knowledge Series webinar, executives from The Yankee Candle Company and Sky I.T. Group will share execution tips for retail intelligence including how to develop internal consensus, leverage management support and measure and share benefits. Learn more. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
We have always found that people are most productive in small teams with tight budgets, time lines and the freedom to solve their own problems."
--John Rollwagen,
American corporate executive


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