Tuesday, December 13, 2011

China's status-conscious clamor for knockoff shopping bags

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13 December 2011
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Global retail industry news

  Global Industry Watch 
 
  • Quickservice chains deliver in crowded Asian cities
    McDonald's and KFC increasingly include delivery services in their offerings in major cities such as Beijing, Seoul and Cairo, where crowds are too big and real-estate prices too high to build drive-thru restaurants. McDonald's offers delivery at 1,500 locations in 15 countries, KFC delivers from more than half of its 3,500 China stores, and both plan to expand the service as they open new overseas restaurants. The Wall Street Journal (13 Dec.) LinkedInFacebookTwitterEmail this Story
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Consumer Insights Your Brand Needs to Know: Latest Trends in Behavioral Advertising
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  Retail in Europe 
 
  • US retail chains slow European expansion plans
    Several US retail chains have pulled back on plans to expand their presence in Europe amid the ongoing euro-zone debt crisis. Crate & Barrel will slow its international expansion plans, Williams-Sonoma has reportedly pushed back opening dates for new London stores to 2013, and Limited Brands might delay launching its first Bath & Body Works stores in Europe. Reuters (09 Dec.) LinkedInFacebookTwitterEmail this Story
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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!
  Retail in Asia 
 
  • Avirate opens first stores in India
    Sri Lankan women's apparel brand Avirate has expanded to India with a store in Bangalore and plans to open at least four more in the next six months. The brand, owned by Timex and Fergasam Group, has partnered with Fashion 365, which franchises other international brands in India including Levi Strauss and Reebok. The Economic Times (India) (12 Dec.) LinkedInFacebookTwitterEmail this Story
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  E-commerce Spotlight 
 
  • Coach opens online pop-up in China
    Coach launched a temporary online store this week on China's Taobao Mall, a monthlong experiment aimed at offering the luxury brand insight into the shopping preferences of China's consumers. The move comes as Coach gears up to open 30 brick-and-mortar stores in China and plans to grab 10% of the luxury handbag market there by 2014. Women's Wear Daily (subscription required) (12 Dec.) LinkedInFacebookTwitterEmail this Story
  • Coach, Taobao agree to fight fakes: Coach has signed a memorandum of agreement with Chinese online marketplace Taobao to implement strict measures to identify and delete counterfeit Coach products online. ChinaRetailNews.com (12 Dec.) LinkedInFacebookTwitterEmail this Story
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  Technology Solutions 
 
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  Spotlight on Grocery 
  • Carrefour to acquire Guyenne et Gascogne
    Retail giant Carrefour will file a cash tender offer to acquire France's Guyenne et Gascogne. Carrefour has partnered with the company since 1966, and Guyenne et Gascogne currently operates six Carrefour hypermarkets and 28 Carrefour Market supermarkets. Women's Wear Daily (subscription required) (12 Dec.) LinkedInFacebookTwitterEmail this Story
  • Tesco won't move forward with cash-and-carry plans in India
    Tesco has put plans to open wholesale stores in India on hold indefinitely and will focus on existing agreements to provide back-end support including supply-chain management and IT solutions to Trent's Star Bazaar hypermarkets. Tesco also sources goods worth £270 million from India and operates a support center in Bangalore. Business Standard (India) (12 Dec.) LinkedInFacebookTwitterEmail this Story
  • Organic food grows more popular with Chinese consumers
    Chinese organic food producer and retailer Lohao City saw sales grow 30% during the past year and it expects similar growth rates in the next few years, as food safety and quality concerns drive more Chinese consumers to buy organic. The rapid rise in demand has sparked concerns about the authenticity of some foods that bear the certified organic label. China Daily (Beijing) (12 Dec.) LinkedInFacebookTwitterEmail this Story
  • Other News
  NRF News 
  • How to balance service, skills, execution and cost in an omnichannel world
    Traditional brick-and-mortar stores are still the primary way people acquire merchandise -- and the pressure on retail stores to be the heartbeat of an all-channel customer experience has never been greater. In a Dec. 15 STORES Knowledge Series webinar, Dave Bruno, director of commerce studies for RedPrairie, will share techniques many leading companies leverage to engage, empower and mobilize their workforce to deliver optimal all-channel store experiences and drive return on invested labor. Read more. LinkedInFacebookTwitterEmail this Story
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