Friday, March 16, 2012

Retailers struggle to hire, keep qualified workers in China

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16 March 2012
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Global retail industry news

  Global Industry Watch 
 
  • Apple fans line up around the world for iPad launch
    Apple fans and gadget lovers around the globe lined up before dawn Friday, and many camped out overnight, for a chance to buy the new iPad. "The iPad is the best product of the year and there won't be any more until 2013 so I am happy to queue," said Zohaib Ali, 21, who waited for five days in line in London, one of the cities that had shoppers sleeping in front of the store. The Guardian (London) (16 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 
 
  • H&M's low-price strategy pays off in Europe
    Sweden-based fast-fashion chain H&M has kept prices low in Europe despite higher cotton costs, a strategy that has paid off during the downturn. Same-store sales rose 2% in February, the company said Thursday. "H&M's strategy of keeping prices low is gaining momentum, and people are clearly shopping at H&M rather than at their competitors," analyst Nicolaj Jeppesen said. Fox Business/Dow Jones Newswires (15 Mar.) LinkedInFacebookTwitterEmail this Story
Over 1,700 CMOs shared their insights on the fundamental shifts transforming business and the world. Find out how they are striking a better balance between investing in solutions that drive efficiency and those that improve decision making, foster collaboration,and enhance customer relationships.
  Retail in Asia 
 
  • Retailers struggle to hire, keep qualified workers in China
    Businesses face steep challenges when it comes to hiring and retaining workers in China, where there were about 1.4 million more job openings than applicants last year. It's particularly tough for retailers and service businesses that need skilled, educated workers. "Motivation is a problem," said Su Meizhen, Versace SpA's human resources director in Beijing, where between 15% and 30% of applicants miss their interviews. The Wall Street Journal (15 Mar.) LinkedInFacebookTwitterEmail this Story
There are many approaches that have been explored to increase talent retention. Today, many strategies can be carried out through talent management practices supported by a robust technology platform. Download this whitepaper to learn six key strategies that organizations can implement with technology support to retain their top talent.
  E-commerce Spotlight 
  • China to regulate online group buying
    Officials in China plan to tighten controls of increasingly popular online group-buying sites, in an effort to stem the tide of fraud and fake products. The number of group-buying sites rose from 2,630 to 3,909 last year, according to the China E-Commerce Research Center, which collected about 100,000 consumer complaints related to e-commerce in 2011. China Daily (Beijing) (16 Mar.) LinkedInFacebookTwitterEmail this Story
  Spotlight on Fashion 
 
  • Undercover designer Jun Takahashi launches UU line
    Designer Jun Takahashi has shifted away from his high-end street looks and focused on affordable family fashions. Here, he talks about his desire to create affordable children's fashions and the cost challenges that came with creating the lower-priced UU line, which debuts today along with Uniqlo's new Tokyo flagship. Women's Wear Daily (subscription required) (12 Mar.) LinkedInFacebookTwitterEmail this Story
 
  • Net-a-Porter hires fashion editor
    Longtime Harper's Bazaar UK editor Lucy Yeomans has left the magazine to become editor-in-chief at flash-fashion site Net-a-Porter.com. Yeomans will oversee the site's online editorial content as well as the retailer's print publication, Net-a-Porter Magazine. Women's Wear Daily (subscription required) (15 Mar.) LinkedInFacebookTwitterEmail this Story
  • Other News
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.
  NRF News 
  • Sears Holdings SVP: Supply chain fulfills the promise of integrated retail
    With more than two decades of experience, Rajan Penkar knows a thing or two about the evolution of the supply chain model. In a post on Retail’s BIG blog, Rajan discusses how he is integrating his customer-facing model in his new role at Sears Holdings, and the challenges facing retail supply chains that will be hot topics at NRF’s Global Supply Chain Summit, May 6 to 8 in Atlanta. Read more. Retail's BIG Blog (15 Mar.) LinkedInFacebookTwitterEmail this Story
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--William Carlos Williams,
American poet


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