Reading this on a mobile device? Try our optimized mobile version here: http://r.smartbrief.com/resp/dComCaiGapCdcUtVCidawJCicNoRfQ
   | Global retail industry news |  |
- Target proves a draw for Canadian malls
Retailer River City Sports and restaurant chain State & Main Kitchen and Bar both recently signed leases at Kildonan Place Shopping Centre, one of five Manitoba centers that will house Target stores starting next year. The US retailer is expected to attract a number of new tenants to existing shopping centers, said leasing specialist Michael Stronger. "Everybody wants to be where the action already is, where the traffic generators are." Winnipeg Free Press (Manitoba) (23 Apr.)       | 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. |
 - Benetton founder passes top post to the next generation
Luciano Benetton will turn over leadership of the international apparel company he co-founded with his siblings in 1965 to son Alessandro, currently the company's vice president. He'll take over as president of the newly private company as it embarks on a restructuring aimed at reversing falling profits and gearing up to compete with younger rivals including H&M and Zara. The Telegraph (London) (22 Apr.) - Uniqlo moves ahead with UK expansion plans
Japan-based apparel retailer Uniqlo is moving ahead with its search for a London flagship and said it plans to proceed with UK expansion plans despite a £9.74 million net loss there last year. Part of the loss resulted from restructuring and repositioning the brand in the UK, a spokeswoman said. The Independent (London) (22 Apr.)  - Bomoda to woo Chinese consumers with content first
A new members-only website called Bomoda has launched in China, with content aimed at introducing wealthy consumers to luxury brands they'll be able to buy later when the startup launches its e-commerce arm. The company, available only in Mandarin, expects to sign up about 200,000 members by year's end. Women's Wear Daily (subscription required) (20 Apr.)  | 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. |
 - Wal-Mart faces allegations of bribery in Mexico
Wal-Mart may be subject to government fines in the US if it's determined that the company didn't take strong enough action after being alerted in 2005 that executives of Wal-Mart de Mexico had allegedly paid millions in bribes to get stores open faster. "We take compliance with the U.S. Foreign Corrupt Practices Act very seriously and are committed to having a strong and effective global anti-corruption program in every country in which we operate," said spokesman David Tovar. The New York Times (tiered subscription model) (21 Apr.), Bloomberg (23 Apr.)  | 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. |
 - ASDA launches app to boost non-food sales
UK supermarket chain ASDA has launched a mobile application and plans to debut a mobile-optimized site linked to its ASDA Direct online selling platform next month. About 6% of ASDA's online sales now come from mobile users, the company says. ShopSafe.co.uk (U.K.) (19 Apr.)  | Gain valuable insight on how to build an HR strategy that produces results in any economy. Notable CEOs of quickly-growing companies outline their winning HR strategies in this must-read whitepaper for small businesses in growth mode. Learn more here. |
 | Spotlight on Mass Merchandise |  |  | | - A handful of older Chinese brands seek new life
About 1,000 Chinese brands are recognized as "time-honored," and many of them have seen their fortunes wane as international brands enter the market and edge them out. A few have launched new products and marketing campaigns to regain their relevance, including tea maker Wuyutai, which has seen success since it debuted a line of green tea ice cream three years ago. China Daily (Beijing) (21 Apr.) - Kingfisher aims to boost sales by planting more trees
The parent company of UK DIY retailer B&Q already replaces 100% of the trees felled to make its wood and paper products. Now the company says it plans to go beyond that by promising to buy the timber grown under projects designed to plant trees on land that has been recently deforested. "This is revenue generating for us and we shouldn't be shy about saying that. We have to make a business case for it," said CEO Ian Cheshire. The Telegraph (London) (22 Apr.) - Business booms for US bucket maker
Sturdy plastic buckets are bulky and expensive to ship, a fact that keeps the machines at Argee Corp.'s Santee, Calif., factory running 24 hours a day, seven days a week, says owner Robert Goldman. The 43-year-old company, which has thrived as other manufacturers saw their customers shift to overseas factories, supplies its products to retailers including Home Depot and Sears. San Diego Union-Tribune (22 Apr.) | NRF News | | | | - 6 principal issues (or opportunities) for international expansion
With fierce and frequent changes in the global marketplace, there are many lessons that can be learned and applied from European retailers or those that have already expanded internationally. Shop.org Executive Director Vicki Cantrell identifies the first of many considerations a company must make before going global, and provides background of what NRF's communities had on display at the Retail Business Technology Expo last month in London. Read more. Shop.org Blog (12 Mar.)
| SmartQuote | | | |  | It's not that I'm so smart, it's just that I stay with problems longer."
--Albert Einstein,
German-born physicist  |
| | This SmartBrief was created for cpgbrokers.data@blogger.com
|
No comments:
Post a Comment
Please comment thoughtfully CPG Brokers, your best resource to optimize your in store self exposure and maximize sku distribution.