Tuesday, November 1, 2011

UK retailers brace for another Darwinian year

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01 November 2011
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  • Super Retail completes acquisition of Rebel Group
    Super Retail will take control of Rebel Sports, Amart and performance Sport stores from Archer Capital. Super Group CEO Peter Birtles said the company has a variety of plans for the brands and is also looking into its next move. The Australian (31 Oct.) LinkedInFacebookTwitterEmail this Story
  • Saudi consumer electronics retailer to launch IPO
    United Electronics Company, known as eXtra, plans to launch an initial public offering between Dec. 5 and 11. The consumer electronics retailer plans to sell about 7.2 million shares. Mohammed Galal, CEO at eXtra, said earlier this year that the proceeds of an IPO would go toward funding the retailer's store expansion in the Middle East. Arab News (Saudi Arabia)/Reuters (31 Oct.) LinkedInFacebookTwitterEmail this Story
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  Retail in Europe 
 
  • UK retailers brace for another Darwinian year
    A number of high street chains are expected to collapse in the near future, while others plan to close stores in an effort to reduce expenses. Their demise could help bolster surviving retailers. "In 2011, expectations of a consumer recovery have been dashed, which has translated into a year of profit warnings," said Adam Cochrane, a UBS retail analyst. "Next year, store closures and weaker chains going into administration are likely to take capacity out of the market, which could be positive for those that remain." Gulf News (United Arab Emirates)/Financial Times (01 Nov.) LinkedInFacebookTwitterEmail this Story
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Scheduling That Works for Employers and Employees: It's Not a Mirage
Download the white paper How Automated Schedule Design and Management Benefits Both Employers and Employees for valuable tips on giving scheduling control and flexibility to employees. The result? Automated scheduling increased employee effectiveness for 84 percent of managers.
  Retail in Asia 
 
VoIP phone systems deliver impressive benefits for businesses large and small. From advanced features like unified communications to significant cost savings, there's a compelling case to switch to VoIP. Read through these free guides for the very latest information on the phone system market.
  E-commerce Spotlight 
 
  • PwC predicts online shopping in Australia to jump 13%
    PricewaterhouseCoopers has predicted that online spending in Australia will climb 13% this calendar year. The business adviser also says that rather than trying to compete with online retailers simply on price, traditional retailers should make improvements to distinguish themselves. The Australian (01 Nov.) LinkedInFacebookTwitterEmail this Story
Improve Holiday Sales Results with Tools from Akamai!
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  Spotlight on Grocery 
 
  • Woolworths aims to bolster sales of private-label goods
    Woolworths is striving to double its sales of house-brand products. Grant O'Brien, chief executive officer of the Australian supermarket group, is set to unveil the plan to analysts and investors. Sales of in-house brands at supermarkets in the UK and the US make up a significantly higher percentage of total sales than they do in Australia. The Sydney Morning Herald (Australia) (01 Nov.) LinkedInFacebookTwitterEmail this Story
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  NRF News 
  • Best practices for implementing new PCI tokenization guidelines
    With the August 2011 PCI Standards Council update, internal tokenization has gained momentum as the lowest impact solution that large merchants can implement to achieve PCI compliance for stored cardholder data. In a Nov. 3 STORES Knowledge Series webinar, independent Payment Card Industry Qualified Security Assessor Walter Conway gives insight directly from case studies to illustrate best practices for solution selection and implementation. Attendees will also receive a free copy of Conway's white paper "PCI DSS Tokenization Buyers Guide." Learn more. LinkedInFacebookTwitterEmail this Story
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Education is about the only thing lying around loose in the world, and it's about the only thing a fellow can have as much of as he's willing to haul away."
--George Horace Lorimer,
American journalist and author


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