  | Global retail industry news |  |
- Tighter consumer credit isn't hurting EMEA retailers, S&P says
Standard & Poor's Ratings Service has released a report that shows retailers in Europe, the Middle East and Africa are not facing a strain due to tighter consumer lending as a result of turmoil in the European financial markets. "From what we're seeing now, consumer credit in shorter supply is not a threat to the sector as a whole. Only a handful of nonfood niche companies might be vulnerable to dips in credit, but for the moment, they remain unscathed," said S&P credit analyst Vincent Gusdorf. Reuters (15 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! |
 - ASDA reports 1.3% increase in same-store sales
ASDA saw its same-store sales, excluding VAT and fuel, rise 1.3% in the third quarter, up from 0.5% in the second quarter and 0.1% in the first three months of the year. The UK arm of Wal-Mart Stores helped bolster growth by overhauling its own-brand food ranges and vowing to offer lower prices than its rivals. Reuters (15 Nov.)  | 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. |
 - US apparel retailers put down roots in China
Calvin Klein, Coach and now Gap are among the US clothing and accessories retailers that are striving to tap into China's consumer class. Other US consumer companies, including Yum Brands, Wal-Mart and McDonald's, have been expanding in China and other parts of the region for years. "The American brands, everyone's coming to this market," said Redmond Yeung, president of Gap Greater China. The region "is a very critical component of our global growth strategy." USA TODAY (15 Nov.) - Reliance Retail plans expansion of hypermarkets
Reliance Retail of India has purchased real estate in cities across the country as it aims to expand its hypermarket chain. "We want to be a strong Indian retail player. The largest retail company in China is not Walmart or Tesco. It is Sun Art, a strong local company which owns around 200 hypermarkets," according to an executive at Reliance Retail. The Economic Times (India) (16 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. |
 - Colombia's Crystal Vestimundo tests RFID
Crystal Vestimundo recently completed a pilot programme to test radio frequency identification technology that included tagging and tracking thousands of items. The results of the test were positive, prompting a second pilot starting early next year. A full-scale rollout could follow. RFID Journal (15 Nov.)  | Avoid theft and fraud with Modern Video Security.
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 - UK consumers to spend £7.75 billion online for holidays
IMRG has predicted that British consumers will spend about £7.75 billion online in the run-up to the holidays, up from £6.8 billion last year. The group also expects mobile commerce will see a breakthrough this year. "The shopping behaviour displayed by the agile consumer reinforces the importance to retailers of offering a multichannel solution," said David Smith, chief marketing and communications officer at IMRG. InternetRetailing.net (14 Nov.)  | Health care reform got you down? Learn more from UnitedHealthcare on how the federal changes to medical benefits will affect you and your employees. This guide highlights incentives for enrollment and a timeline of important dates and deadlines. Don't let them pass you by—Learn more here! |
 | Spotlight on Luxury Goods |  |  | | |  | - H&M interested in collaboration with Tom Ford
Sweden's Hennes & Mauritz is launching a Versace collection and would be interested in following up with a fashion range designed by Tom Ford, former creative director at Gucci, according to an executive at the retailer. H&M, one of the largest clothing retailers in the world, is reportedly in a deal to work with Ford, but the company is not confirming the report. Bloomberg (15 Nov.)  | How to Select Critical Control Points for X-ray Systems
This paper helps manufacturers to choose the most effective locations – the Critical Control Points (CCP) – for an x-ray system on a production line. It includes real-life examples of the locations that give the best level of product safety, for the least disruption at the least cost. Download your free copy now! |
 | NRF News | |  | | - Consumer spending on discretionary categories boosts October retail sales in US
Led by discretionary purchases, October US retail sales saw impressive growth across the board, an encouraging sign for retailers as the holiday season gets under way. "October retail sales support the assertion that consumers have a distinct desire to spend, bolstering hopes for solid sales growth in November and December," said NRF chief economist Jack Kleinhenz. "This momentum bodes well for the upcoming holiday season." According to numbers released by NRF this week, retail sales increased 0.7% from September and 4.7% over last October. Read more.
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