Friday, March 23, 2012

High street retailers cautious on 2012 outlook

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23 March 2012
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Global retail industry news

  Global Industry Watch 
 
  • Fair weather fouls up merchandising strategies
    Canadian retailers burned by last year's cold, wet spring that left them with too much warm-weather merchandise cut their orders for the season this year. But the season arrived earlier and warmer than usual, and many are now scrambling to meet demand for everything from bicycles to shorts and sandals. The Globe and Mail (Toronto) (22 Mar.) LinkedInFacebookTwitterEmail this Story
  • Li & Fung's US orders are on the rise
    Orders from US retailers including Wal-Mart are on the rise as the economy improves, Hong Kong-based supplier Li & Fung said Thursday. The US accounts for about 60% of business for the clothing and toy supplier, which reported a 24% rise in net income for 2011. Bloomberg (23 Mar.) LinkedInFacebookTwitterEmail this Story
Hiring exceptional talent is critical to the success of your business. Whether it’s the executive who offers visionary leadership, or the sales professional who won’t settle for less than 100%, a business needs great people to thrive. This guide provides best practices for securing the top talent you need to drive business results.
  Retail in Europe 
 
  • High street retailers cautious on 2012 outlook
    UK-based retailers Next and Kingfisher reported declines in 2011 same-store sales on Thursday and offered cautious outlooks for their companies and the country's retail industry for the rest of this year as shoppers continue to pull back on spending. The Wall Street Journal (22 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 Asia 
 
  • Radio Shack signs partner to open stores in Southeast Asia
    US consumer electronics retailer Radio Shack has signed a master franchise agreement with a division of Malaysia's Berjaya Retail Berhad to open 1,000 stores in 10 Southeast Asian countries in the next decade. Berjaya, created by billionaire Vincent Tan, operates a slew of retail businesses including 7-Eleven, Starbucks and Krispy Kreme stores. Fort Worth Star-Telegram (Texas) (22 Mar.) LinkedInFacebookTwitterEmail this Story
Retailers use video surveillance as a valuable tool to combat shrinkage, which can account for more than 2% of retail sales for some U.S. organizations. Shrink is up 6.6% in 2011 over 2010. This 6-page whitepaper from 3VR gives real examples on how retailers are increasing sales with video surveillance & analytics. Download it free today.
  E-commerce Spotlight 
 
  • Developing countries to fuel even bigger Web-economy shakeup
    Many consumers in developing countries are now gaining Internet connections and smartphones in greater numbers, a trend that's likely to lead to massive changes in the global Internet economy in the next five years, especially when it comes to retail, according to Boston Consulting. "[In many developing countries], the experience of buying online is much more exciting and pleasurable than going to some dreary store," said senior partner David Dean. MediaPost Communications/Marketing Daily (21 Mar.) LinkedInFacebookTwitterEmail this Story
HR tools that provide real-time, actionable insight into staffing, compensation, performance, and the cost of workers. Workday's cloud-based business applications deliver the workforce intelligence necessary for business leaders to make key decisions that impact the bottom line.
  Technology Solutions 
 
  • China tops US in smart-device activations
    An emerging and digital-savvy middle class helped China edge past the US in the number of activations of Apple and Android mobile devices last month, according to figures tallied by Flurry. "Not only is China already the second-largest app economy, but also could eventually overtake the U.S. as the country with the largest installed base of smart device users," Flurry said. Bloomberg (21 Mar.), GigaOm (21 Mar.) 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 Fashion 
 
  • J. Crew to establish a presence in 107 countries
    U.S. apparel chain J. Crew plans to expand its distribution to 107 countries and use online direct sales as a gauge to determine whether new markets have enough demand to warrant building brick-and-mortar stores there. The company, which currently sells in 29 countries, is looking for store sites in Europe and Asia. Women's Wear Daily (subscription required) (21 Mar.) LinkedInFacebookTwitterEmail this Story
  • UK designer shows her passion for African prints
    UK-born designer Phyllis Taylor was working in public relations and selling jewelry at Selfridges when she began designing fashions that reflected her passion for the prints and fabrics of Ghana. She left both jobs in 2007 after starting Sika Designs, and today the company employs 12 people in Ghana who produce her designs. BBC (19 Mar.) LinkedInFacebookTwitterEmail this Story
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RadioShack has a global presence and a variety of innovative products and services. With reasonable investment levels and hundreds of potential markets, a RadioShack franchise represents an exciting opportunity for you to associate with a powerful retail brand. Click here to learn more.
  NRF News 
  • Best practices to achieve prominence in the health and beauty market
    Health and beauty is one of the most fiercely competitive categories online, with some of the world's most recognizable brands such as Lancôme and Estee Lauder vying for consumers. In a new addition to the Shop.org white paper library, Innotrac profiles the dynamics and diversity of the health and beauty segment and identifies opportunities for these e-commerce merchants to extend their brand experience. Download the white paper. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
Example is the school of mankind, and they will learn at no other."
--Edmund Burke,
Irish statesman, writer, orator and philosopher


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