| Global retail industry news |  |
- Survey: Global consumers more willing to share data
Consumers across the globe have grown increasingly willing to share personal information with the merchants they buy from, in exchange for a more personalized and efficient shopping experience, according to an IBM survey. "They are willing to share information if there is perceived benefit," said IBM executive Jill Puleri. The Huffington Post/Reuters (16 Jan.)       | Avoid theft and fraud with Modern Video Security.
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 - Metro puts brakes on Kaufhof sale talks
Metro AG said Monday it will suspend plans to sell German department store chain Kaufhof, which had originally been expected to sell for between €2 billion and €3 billion, citing poor conditions in capital markets. The company had been in talks with potential buyers including Austrian investor Rene Benko and Karstadt department store owner Nicolas Berggruen. The Wall Street Journal (17 Jan.) - UK chains Peacocks, Past Times face administration
Peacocks filed an intention to appoint administrators for its namesake and Bonmarche stores after efforts to restructure the company failed, and CEO Richard Kirk reportedly now plans to make a buyout bid for the 611-store chain. Also this week, gifts retailer Past Times entered administration, closing 46 stores and reportedly planning close-out sales at the remaining 51 locations. The Guardian (London) (16 Jan.) - John Lewis' employees all have an ownership stake
Every permanent employee at John Lewis has an ownership interest in the company's 35 namesake department stores and 272 Waitrose supermarkets, and each of the 76,500 staff members shares in the profits through a year-end bonus that's equal to about nine weeks of pay. About 100 UK companies operate under a similar model, and employee-owned companies had higher rates of sales and employment growth during the recession, according to one report. The Guardian (London) (16 Jan.)  | 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 Asia |  |  | | - Research reveals reasons US chains fail in China
A number of US-based retail chains and global brands including Best Buy, Wal-Mart and Home Depot haven't seen success in China, largely because they didn't properly tailor their offerings to the local markets and underestimated the effect of domestic competitors, writes China Market Research Group director Shaun Rein. CNBC (16 Jan.)  | Think upgrade. Now 640 more First Class flights daily.
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  | Spotlight on Grocery | | | | - Dublin gets zero-carbon Tesco
Tesco has opened a zero-carbon store in Dublin, its first such store in Ireland and the fourth for the retailer. Environmental features include use of rainwater to flush toilets and lights that sense natural daylight and adjust accordingly. Environmental Leader (13 Jan.) - Morrisons hires marketing chief for Kiddicare brand
Morrisons has hired former White Stuff cross-channel director Alison Lancaster as its new chief marketing officer for its Kiddicare brand, an online retail division that the chain plans to expand to brick-and-mortar stores. Lancaster will also serve as marketing director for the supermarket chain's online non-food offerings. MarketingMagazine.co.uk (U.K.) (17 Jan.)  | |  | | The Buzz(CORPORATE ANNOUNCEMENTS)
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| NRF News | | | | - Brazil and China: The emerging online retail powerhouses
Take a guess: Which are the five largest markets today in terms of online users? The US? The UK? Germany? Actually, try China, in first place with 369 million online users, followed by the US (253 million), then India (133 million), Japan (104 million) and Brazil (91 million). In Sunday's BIG Show session on global e-commerce for 2012, retail executives from China, Brazil and Forrester Research shared why the Chinese and Brazilian markets are prime opportunities for retailers looking to expand e-commerce operations. Read more. Shop.org Blog (16 Jan.)
| SmartQuote | | | |  | Experience is a good teacher, but she sends in terrific bills."
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