Tuesday, March 13, 2012

Cool summer temperatures add to retail woes in Australia

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13 March 2012
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Global retail industry news

  Global Industry Watch 
 
  • Mattress sales help The Brick rest easier
    Western Canada-based retailer The Brick says it's on the road to financial recovery and plans to pay off $110 million in debt two years ahead of schedule. The formerly struggling company credits sales of high-margin mattresses and a restructuring that rightsized its inventory. The Globe and Mail (Toronto) (12 Mar.) LinkedInFacebookTwitterEmail this Story
  • Cool summer temps add to retail woes in Australia
    Australian retailers including surf and skate gear brands Quiksilver and Billabong say the cooler-than-average early summer combined with a new frugality among consumers determined to pay down debt have further chilled an already-slow sales climate. Both brands say business has slowed drastically at home, while they're seeing growth in international markets including North America, Europe and parts of Asia. The Age (Melbourne, Australia) (13 Mar.) LinkedInFacebookTwitterEmail this Story
Data powers all your online channels and as a marketer you are involved with how this information is being used to reach customers. Federal regulations require protection of that consumer data to avoid potential risks and lawsuits. Watch these videos to learn how to create a comprehensive data privacy strategy.
  Retail in Europe 
 
  • Game Group warns investors of possible collapse
    UK electronic games retailer Game Group warned investors Monday that the chain won't make its rent and could be pushed into administration without a cash infusion before the end of the month. The chain has been unable to stock several popular new games at its stores amid publishers' concerns about getting their stock back if Game goes under. The Guardian (London) (12 Mar.) LinkedInFacebookTwitterEmail this Story
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  Retail in Asia 
 
  • Dairy Farm acquires majority stake in Lucky Markets
    Asian retailer Dairy Farm Group has acquired a 70% stake in Cambodia's Lucky Market Group, which operates Lucky Supermarkets and the Lucky Burger chain. As part of the deal, LMG has entered a joint venture with Dairy Farm, which operates under several brands including Cold Storage, Giant and Guardian in Malaysia and Hero in Indonesia. The Phnom Penh Post (Cambodia) (13 Mar.) LinkedInFacebookTwitterEmail this Story
Learn How to Cut HR Costs Without Cutting Production
Entrepreneurial execs know that they need to follow the rules, but they may not realize which decisions will lead to the two vital components that help keep HR costs low. The following paper focuses on minimizing human capital expenses in four key areas. Download the white paper, An Executive’s Guide to Cutting HR Costs to learn more.
  E-commerce Spotlight 
  • Asos adds "Click and Collect" option
    Online retailer Asos has teamed with Collect+ to give UK shoppers the option of picking up their orders at one of 4,500 participating local brick-and-mortar stores. The free service includes a next-day delivery option. Brand Republic (U.K.) (12 Mar.) LinkedInFacebookTwitterEmail this Story
  • Warehouse builds online sales with bigger inventory
    Auckland-based retailer Warehouse saw a 60% rise in online sales during the second half of 2011, largely as a result of offering more products for sale online. The chain, which also plans to invest in refurbishing its brick-and-mortar stores, expects to have all 40,000 of its products available online by the summer. The New Zealand Herald (13 Mar.) LinkedInFacebookTwitterEmail this Story
  Technology Solutions 
 
  • New payment services help grow online retail in Mexico
    Consumers in Mexico have been slower to embrace online shopping, largely because many don't have credit cards. Banks and vendors including PayPal Mexico have been launching new payment services to boost e-commerce, and one report predicts a 20.7% growth rate for business-to-consumer e-commerce in Mexico between 2010 and 2015. eMarketer (12 Mar.) LinkedInFacebookTwitterEmail this Story
Enterprise Resource Planning automates many aspects of an organization's operations, cascading across traditional boundaries of operations, finance, manufacturing and more. As such, changes in the ERP market can cause a ripple effect in your business. Get ahead of the changing tide and trends by downloading this free whitepaper.
  Spotlight on Grocery 
  • Ahold looks ahead to growth opportunities
    Netherlands-based international grocery conglomerate Ahold's first step in moving forward with the next chapter of its growth required getting its diverse and spread out brands on the same page, CEO Dick Boer said. "That's our biggest accomplishment over the past year: Designing and refining strategy, and creating clear opportunities." Supermarket News (12 Mar.) LinkedInFacebookTwitterEmail this Story
  • Survey: UK consumers less worried about GM foods
    About one-quarter of UK consumers are unconcerned about genetically modified foods showing up on their supermarket shelves, compared with 17% a decade ago, according to a survey from the British Science Association. The European Union will soon vote on a proposal to allow member states to prohibit cultivation of GM crops. The Guardian (London) (09 Mar.) LinkedInFacebookTwitterEmail this Story
  • Other News
  NRF News 
  • NRF sets up shop at the Retail Business Technology Expo in London
    The Retail Business Technology Expo and Cards and Payments Solutions Event is a two-day informative and interactive seminar and conference showcasing more than 300 global solution providers. NRF, along with its technology standards division, the Association for Retail Technology Standards and its digital division, Shop.org, will represent the only US retail trade association at RBTE, which kicks off today. ARTS Executive director Richard Mader and Shop.org's Senior Director of Content and Community Artemis Berry will both be featured speakers on the educational program at RBTE, the premier event for retail executives and their international business partners. Read more. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
To avoid criticism do nothing, say nothing, be nothing."
--Elbert Hubbard,
American writer, artist and philosopher


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