Monday, April 16, 2012

Canadian retailers see success with pop-up shops

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16 April 2012
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Global retail industry news

  Global Industry Watch 
 
  • Dragon Mart caters to Dubai's growing Chinese middle class
    Dubai may be better known for its upscale shopping, but 20 minutes outside of downtown there's a lesser-known mall catering to the country's growing Chinese middle class. Dragon Mart boasts 3,950 shops and sits right next to a logistics center that brings in goods right off the ship from China. The Economist (14 Apr.) LinkedInFacebookTwitterEmail this Story
  • Canadian retailers see success with pop-up shops
    Retailers including furniture and clothing seller The Latest Scoop are finding their fortunes with temporary stores that use "planned spontaneity" to turn shopping into an event, says proprietor Deb Nichol. Some use pop-ups to test new concepts, but others like Nichol open stores in the months when consumers are more likely to spend, and close down to avoid high overhead during slower times. Financial Post (Canada) (15 Apr.) LinkedInFacebookTwitterEmail this Story
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  Retail in Europe 
 
  • A tricky balancing act for Tesco's CEO
    Tesco chief executive Philip Clarke is expected to unveil a plan this week to turn around the fortunes of the UK's biggest supermarket chain, which has been losing market share to rivals ASDA, Sainsbury's and Morrisons. Analysts expect the plan will focus more on investments in the chain's core UK supermarket business and less on Tesco's other business lines, which include a container port, banking and mobile phones. The Telegraph (London) (14 Apr.), The Wall Street Journal (15 Apr.) LinkedInFacebookTwitterEmail this Story
There are a number of reasons why shrewd staffing agencies run background checks on potential employees before inviting them in to their business. Failure to properly screen employees can have serious business and financial consequences. This free whitepaper outlines the risks that can arise from bad hires and how careful background screening can help mitigate those risks.
  Retail in Asia 
 
  • US luxury retailers cater to Chinese tourists
    China provides one of the fastest-growing sources of tourists to the US, and wealthy Chinese visitors spend an average of $6,000 per visit compared to $4,000 by tourists from other countries. High-end retailers including Tiffany are increasingly catering to the group at their New York City stores, hiring Mandarin-speaking sales associates and offering broader selections than are found in their stores in China. The New York Times (tiered subscription model) (14 Apr.) LinkedInFacebookTwitterEmail this Story
  • Shanghai Tang debuts new Hong Kong flagship
    Upscale apparel and accessories retailer Shanghai Tang opened a new 15,000-square-foot, five-story Hong Kong flagship on Good Friday, months after closing the doors of its original store several blocks away. Women's Wear Daily (subscription required) (12 Apr.) LinkedInFacebookTwitterEmail this Story
How can you help your company get well sooner?
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  E-commerce Spotlight 
 
  • Report: Speed is key for online shoppers
    Online shoppers want to quickly get to the things they're looking for and are increasingly demanding the ability to move seamlessly between online and mobile retail channels, according to a survey from YouGov. CIO Asia (12 Apr.) LinkedInFacebookTwitterEmail this Story
Interactive marketers are feeling the pressure from government to offer clear, transparent privacy regulations for consumers. This free whitepaper, discusses various legislation, such as the EU Cookie Directive, and outlines how marketers must comply while offering a positive and enriching consumer interaction via the new paradigms of consensual targeting. Get the free whitepaper here.
  Technology Solutions 
 
  • Canadian retailers find value in vending machines
    Automated kiosks and vending machines that sell everything from DVDs to iPads are gaining popularity with Canadian retailers looking to boost sales in formerly unused parts of the store. "Look at the advantage: You don't need a clerk and your rent is a fraction of the cost," said Shamira Jaffer, the founder and president of kiosk technology company Signifi. Winnipeg Free Press (Manitoba) (16 Apr.) 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 Mass Merchandise 
 
  • China's exporters grapple with changing times
    When China's small manufacturers faced a slowdown in exports in 2009, they received support from government programs designed to prop up the country's growth. This time around, as orders slow and wages climb, the government is focused on boosting domestic consumption, and exporters say they must find new ways to adapt if they're going to stay in business. The Hartford Courant (Conn.)/Reuters (12 Apr.) LinkedInFacebookTwitterEmail this Story
  • Canton Fair aims to bring in new buyers: Struggling Chinese factories will have the chance to meet with about 200,000 international buyers at the 111th Canton Fair, which started Sunday in Guangzhou, China. Import and export growth measured 7.3% in the first three months of the year, the lowest since late 2009. China Daily (Beijing) (15 Apr.) LinkedInFacebookTwitterEmail this Story
What Data Thieves Don’t Want You to Know:
How a multi-layered data security solution, including encryption and tokenization, protects data in transit, in use and at rest. When combined, these two technologies provide a powerful method for securing sensitive data wherever it exists. Get proof here.
  NRF News 
  • US Customs and Border Protection shares new initiatives for retailers
    As CBP begins to examine its role in the supply chain, it is planning several initiatives to better align with how retailers do business. At the NRF Global Supply Chain Summit, May 6 to 8 in Atlanta, Allen Gina with US Customs and Border Protection will explain the new programs and how retailers can help assist in their evolution. Learn more. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
People who don't take risks generally make about two big mistakes a year. People who do take risks generally make about two big mistakes a year."
--Peter Drucker
Austrian-American writer and management consultant


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