Monday, February 13, 2012

Italy inspired Starbucks, but still has no stores

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13 February 2012
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Global retail industry news

  Global Industry Watch 
 
  • Australia's malls fill empty space with food shops
    Australia's consumers have caught on to the foodie culture, and shopping centers there are finding success filling vacant spaces with gourmet emporiums and other food shops. Sales at supermarkets and grocery stores rose 1.3% last quarter while department store sales declined 0.8%, and mall developers are expected to anchor future projects with supermarkets and food halls. The Age (Melbourne, Australia) (11 Feb.) 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 
 
  • Report: UK's youth still love to shop
    The future of the high street may be rosier than some recent reports predict -- despite the rapid rise in online and mobile shopping, many of the UK's youth still want to visit stores to do their shopping, according to a new survey from advertising agency Saatchi & Saatchi. Three-quarters of respondents age 16 to 29 said they "love to shop," and the same number had visited high street stores in the past week. The Independent (London) (11 Feb.) LinkedInFacebookTwitterEmail this Story
  • Italy inspired Starbucks, but still has no stores
    Starbucks CEO Howard Schultz got his inspiration for the global coffee company's signature shops on a 1983 business trip to Milan. Today, Starbucks boasts shops in cities and towns around the world and it continues to add new markets, but the chain hasn't opened a single shop in Italy, where the local shops abound and the coffee culture is firmly established. Bloomberg Businessweek (09 Feb.) LinkedInFacebookTwitterEmail this Story
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  Retail in Asia 
  • China's younger generation to spend on Valentine's Day
    Valentine's Day hasn't traditionally hasn't been a big holiday in China, but the romantic day has captured the imagination of the younger generation for the past decade. Retailers expect to see a rise in sales this year, as more consumers celebrate the day with flowers, candy and small gifts to show the love. China Daily (Beijing) (13 Feb.) LinkedInFacebookTwitterEmail this Story
  E-commerce Spotlight 
  • Korea's major retailers invest in e-commerce
    Korea's big retail chains Lotte Shopping, Shinsegae Group, Homeplus and GS Retail aim to stay competitive in a digital world with significant investments in online and mobile commerce. Online retail is still a small slice of total retail sales in Korea, but it's forecast to grow rapidly during the next few years, according to industry reports. The Korea Herald (Seoul) (12 Feb.) LinkedInFacebookTwitterEmail this Story
  Technology Solutions 
 
  • India's retailers turn to tech to make shopping easier
    Retail chains in India including Croma, Future Group and HyperCity are adding new tech innovations to make the in-store experience easier. Consumer electronics chain Croma has launched a pilot project in six stores that uses Samsung tablets to let shoppers browse the store's catalog and swipe their credit cards to pay. Business Standard (India) (13 Feb.) LinkedInFacebookTwitterEmail this Story
Leveraging Cloud Security to Weather Threatening Storms
Web attacks and retribution campaigns are on the rise, and they have become more frequent, more random and more extreme. This paper assesses the current cyber threat environment and discusses the use of distributed cloud services as an effective means to protect against evolving, modern-day IT threats.
  Spotlight on Mass Merchandise 
  • Leather companies aim to put town on the fashion map
    Factories in the 700-square-kilometer town of Haining in China's Zhejiang province turn out a leather jacket every 1.3 seconds, and the 3,000 factories there account for more than 30% of the leather and fur fashions manufactured in China. The city has partnered with the French fashion design association Union des Designers Mode et Maison to boost its reputation for creating original styles. China Daily (Beijing) (11 Feb.) LinkedInFacebookTwitterEmail this Story
  • Reports: 2 Chinese manufacturing hubs see profits slow
    Profit growth slowed significantly last year in the two Chinese manufacturing hubs of Guangdong and Zhejiang, despite rising output. The shift was driven by higher material costs and weaker international demand for Chinese-made goods, according to local statistics bureaus. China Daily (Beijing) (11 Feb.) LinkedInFacebookTwitterEmail this Story
  • UK-based Mamas & Papas take on the world
    Luisa and David Scacchetti launched their line of prams and other nursery products in 1979, shortly after the birth of their first daughter. Today, that child and her sister help run UK-based Mamas & Papas, which has been rapidly expanding to new markets including Russia, South Africa and Iceland. The Telegraph (London) (12 Feb.) LinkedInFacebookTwitterEmail this Story
  • Other News
  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 U.S.? The U.K.? Germany? Actually, try China, in first place with 369 million online users, followed by the U.S. (253 million), then India (133 million), Japan (104 million) and Brazil (91 million). In a 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.) LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
Where there is laughter there is always more health than sickness."
--Phyllis Bottome,
British writer


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