Monday, March 19, 2012

UK retailers fear tax-office delays

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19 March 2012
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Global retail industry news

  Global Industry Watch 
 
  • Uniqlo banks on bargain hunters in Japan
    About 1,000 people lined up Friday for the opening of Uniqlo's new flagship in Tokyo's Ginza district, an area traditionally known for its lineup of luxury retailers. As Japanese consumers see their incomes and spending power decrease, the fast-fashion brand and others including H&M, Zara and Gap see Japan as a key market for growth. The Korea Herald (Seoul) (18 Mar.) LinkedInFacebookTwitterEmail this Story
  • Where Uniqlo's fast fashion begins: Yuki Katsuta and his global team of 100 designers are responsible for creating the trendy basics Fast Retailing's Uniqlo has become known for around the world. In this profile he explains the process, which starts with imagining where the brand's customers might want to travel and using images of those places to inspire new patterns and styles. The Wall Street Journal (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 
 
  • UK shopworkers' union fights extended Sunday hours
    The British Parliament plans to pass legislation that will allow UK shops to extend their Sunday operating hours during the the Olympics and the Paralympics this summer. A union representing the shopworkers is fighting the measure, on concerns that the extended hours could become permanent. The Guardian (London) (18 Mar.) LinkedInFacebookTwitterEmail this Story
  • UK retailers fear tax-office delays
    Some small retailers in the UK say the 5.6% rise in tax rates slated to take effect next month will push their rates higher than their rents. About 340,000 businesses are appealing their rates, and it may take as long as 18 months to hear the appeals, according to the Valuation Office Agency. Some retailers say they may not survive the wait. The Daily Mail (London) (17 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.
  Retail in Asia 
  • Future Group to sell brand stakes to cut debt
    India's Future Group plans to sell equity stakes in some of its brands including Big Bazaar hypermarkets and Food Bazaar supermarkets as it works to reduce its $1.6 billion in debt to zero during the next 12 months, the company said. The parent of Pantaloon Retail will also merge consumer electronics chain eZone with a services company and recruit financial and strategic partners for furniture retailer HomeTown. Reuters (19 Mar.) LinkedInFacebookTwitterEmail this Story
  • Other News
  E-commerce Spotlight 
  • Snapdeal aims to add 500 jobs this year
    Indian e-commerce player Snapdeal plans to expand its workforce from 1,000 to 1,500 in the next six months, to beef up its engineering and analytics teams, said Chief Executive Director Kunal Behl. "Given the competition in the eCommerce space, what would differentiate one player from the other would be the customer experience both while online and offline." The Economic Times (India)/Press Trust of India (18 Mar.) LinkedInFacebookTwitterEmail this Story
  • Burberry wins most fashion "post likes" on Facebook
    London-based Burberry saw the number of its Facebook "post likes" double in February to 138,000, more than other fashion brands with a presence on the social media platform, according to Stylophane's Facebook Fashion Index. The fashion brand posted 18 messages during the month, with images from its spring ad campaign and fall show. Women's Wear Daily (subscription required) (18 Mar.) LinkedInFacebookTwitterEmail this Story
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  Technology Solutions 
 
  • PayPal looks to enter China
    PayPal applied to become the first foreign company to process electronic payments within China, which would make it a rival to local providers, including Alibaba Group Holding. The company already works with Chinese consumers and businesses to process cross-border payments. Bloomberg Businessweek (16 Mar.) LinkedInFacebookTwitterEmail this Story
10 Principles for Building an Effective Human Capital Plan
The Human Capital Plan is an important tool that organizations use to drive focused actions that can ensure goal achievement and business success. It allows organizations to assess, plan for, and respond proactively to its human capital challenges and needs. Download the white paper to learn more.
  Spotlight on Mass Merchandise 
  • The changing supply chain
    Shifting labor markets, trade policies and natural resource supplies are likely to dramatically change the supply chain in the next five to 10 years, says former Wal-Mart global procurement executive Edwin Keh. "There is no next China. The traveling circus [of lowest cost production] stops here." Women's Wear Daily (subscription required) (16 Mar.) LinkedInFacebookTwitterEmail this Story
  NRF News 
  • Want to speak at Shop.org? Submit your session idea by 20 May
    Be a part of the hottest digital retailing event of the year -- Shop.org's 2012 Annual Summit, 10 to 12 Sept. in Denver, Colo., US. The call for speakers has now officially opened as the event team scours the industry for the best in digital retailing to share their insights through a few different speaking opportunities: Online Retail Boot Camp, 205 keynote sessions and 16 breakouts. The deadline to submit proposals is 20 May. Learn more. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
'I have done my best.' That is about all the philosophy of living one needs."
--Lin Yutang,
Chinese writer and inventor


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