Tuesday, February 14, 2012

UK's retailers report strong end-of-2011 sales

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14 February 2012
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  Retail in Europe 
 
  • UK's retailers report strong end-of-2011 sales
    More than half of the UK's independent retailers saw their sales rise in the fourth quarter of 2011, according to the 7,500-member British Independent Retailers Association. Shops in the Midlands saw the biggest rise while Scottish merchants reported the largest decline, the group said. The Guardian (London) (13 Feb.) LinkedInFacebookTwitterEmail this Story
  • Peacocks workers await word of their fate
    Peacocks administrator KPMG is expected to announce a sale of the chain as early as Wednesday, and any deal is likely to include closure of as many as 200 of the struggling chain's 600 stores. The company employs about 9,000 workers in the UK. The Independent (London) (12 Feb.) LinkedInFacebookTwitterEmail this Story
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  Retail in Asia 
 
  • In China, demand drops for knockoffs
    About 95% of women in China said last year that they would be embarrassed to carry fake designer handbags, and demand for counterfeit goods of all kinds has dropped to 15% in the country, from about 31% in 2008, according to surveys. "Consumers want the real product and the real experience that comes with buying it in the retail store," a Nike spokeswoman said. The Wall Street Journal (14 Feb.) LinkedInFacebookTwitterEmail this Story
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  Retail in Latin America 
 
  • Chile's Cencosud to open 100 stores, 3 malls in 2012
    Chile-based retailer Cencosud will spend $1.285 billion to open about 100 stores and three new malls in Latin America this year, the company said. The company has operations in Argentina, Brazil, Chile, Colombia and Peru. Reuters (10 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.
  E-commerce Spotlight 
  • Microsoft India's online store hit by hackers
    Microsoft took its online store in India offline yesterday after hackers breached a database and accessed customer information. "The store customers have already been sent guidance on the issue and suggested immediate actions," a spokeswoman said. USA TODAY (13 Feb.) LinkedInFacebookTwitterEmail this Story
  Spotlight on Grocery 
 
  • Supermarkets see strong Middle East sales
    Supermarket chains Carrefour, Lulu and Géant have plans to expand in the Middle East as hypermarkets, supermarkets and convenience stores continue to see strong sales growth. "The sales have picked up across all segments," said Géant at Retail Arabia managing director Arif Shaikh, whose company plans to add 35 new stores in the next few years. The National (Abu Dhabi, United Arab Emirates) (13 Feb.) LinkedInFacebookTwitterEmail this Story
 
  • Sainsbury changes freezing instructions
    J Sainsbury changed instructions on food packaging to tell customers that they can freeze an item up to the use-by date, instead of on the day of purchase. The company said it made the change because there was no food-safety reason for the previous instruction. The Telegraph (London) (10 Feb.) LinkedInFacebookTwitterEmail this Story
  • Auchan may partner to enter India
    French supermarket company Auchan is reportedly in talks with the Middle East-based Landmark Group to form a joint venture to begin operating supermarkets in India. Landmark already operates five stores in India in a partnership with Spar International that is set to expire at the end of 2012. The National (Abu Dhabi, United Arab Emirates) (14 Feb.) LinkedInFacebookTwitterEmail this Story
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How to Get the Package You Need—Without Breaking the Bank
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  NRF News 
  • NRF forecasts U.S. retail industry sales growth of 3.4% in 2012
    Though stubbornly high unemployment and continued uncertainty over the prospects for job growth will continue to dampen the outlook for U.S. industry retail sales growth in 2012, the nation's retail industry will still grow at a rate faster than many other industries. According to NRF, U.S. retail industry sales will rise 3.4% to $2.53 trillion in 2012 -- slightly lower than the pace of 2011, in which sales grew 4.7%. Read more. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
Looking back, I have this to regret, that too often when I loved, I did not say so."
--David Grayson,
American journalist and writer,
quoted for Valentine's Day, Feb. 14, 2012


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