Wednesday, May 23, 2012

Global merchants find opportunities to fill vacant US mall space

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23 May 2012
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Small and medium sized companies spend a lot of time focusing on core business issues, but they may overlook one of the most potentially serious and costly issues — regulatory compliance. How do you know what issues to look for in order to protect the company? Download this must-read paper that discusses the top 5 HR compliance issues.
  Retail in Europe 
 
  • UK retail sales fall in April amid wet weather, economic woes
    UK retail sales declined 2.3% in April, the biggest drop in more than two years, as rainy weather and a gloomy economic outlook dampened sales of apparel, footwear, gardening products and other goods. "The underlying picture is sluggish," said Ross Walker, chief UK economist at Royal Bank of Scotland Group in London. "Employment remains fragile and wage growth weak." Bloomberg (23 May.) LinkedInFacebookTwitterEmail this Story
  • New private-label products beat big brands
    Private labels and store brands accounted for 54% of new products introduced at grocery stores in 2011, the first time so-called "own labels" have introduced more new items than big-name brands, according to Mintel. The research also found that 57% of consumers say own-label goods are better than they used to be and 52% prefer them to premium brands. The Daily Mail (London) (23 May.) LinkedInFacebookTwitterEmail this Story
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  Retail in Asia 
 
  • Asia's retail rent growth slows with merchants' expansion plans
    Europe's economic troubles and slowing retail sales growth in Asia have some merchants putting their expansion plans on hold, resulting in a slowdown in the rise of retail rents in the Asia-Pacific region, according to commercial real-estate broker CBRE Group. Resistance to high rents and deals on leases in newly constructed projects also contributed to the slowdown, the report said. Bloomberg Businessweek (22 May.) LinkedInFacebookTwitterEmail this Story
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Talent intelligence is a key differentiator in today's hyper-competitive world where the human capital of an organization is its principle engine of production. This survey examines the far-reaching economic impact of talent intelligence, identifying connections between its use and overall corporate performance. Download the free report here.
  E-commerce Spotlight 
 
  • UK ad officials find Amazon's one-day claims misleading
    The UK's Advertising Standards Authority has found that Amazon Prime's promise of one-day delivery is misleading after customer complaints that they were left waiting for their orders after subscribing to the service. The group instructed Amazon to qualify that the "one day" refers to the next business day after an order is shipped. The Independent (London) (23 May.) LinkedInFacebookTwitterEmail this Story
  • India's Quikr wins $32 million in new funding
    Online classifieds firm Quikr has secured $32 million in new funding from US private-equity firm Warburg Pincus as well as existing investors including eBay and Norwest Venture Partners. Reuters (22 May.) LinkedInFacebookTwitterEmail this Story
Hot off the Presses! Q2 2012 ERP Comparison Guide
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  Technology Solutions 
 
  • Australia's Cotton On tailors music to styles
    Australian fashion retailer Cotton On has launched a new feature called Try On Your Sound at a store near Brisbane, using RFID technology to select and play music chosen to go with the style of jeans the shopper is trying on. "It gives shoppers a unique in-store experience that will be different for every individual, according to taste," said marketing manager Mark Coombes. RFID Journal (22 May.) LinkedInFacebookTwitterEmail this Story
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  Spotlight on Luxury Goods 
 
  • A tale of 2 Indian luxury markets
    India's luxury market is still quite small compared to China and other countries. About 80% of the high-end shopping happens in Delhi and Mumbai, two cities whose consumers have very different tastes and pose a challenge for luxury merchants looking to tailor their goods to specific audiences, experts say. The Economic Times (India) (20 May.) LinkedInFacebookTwitterEmail this Story
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Download Forrester Research, Inc.'s April 2012 report: SMB eCommerce Solutions 2012, A Guide To Selecting Your eCommerce Solution, and learn which SMB eCommerce solution you should consider for your business. Click here for your complimentary copy.
  NRF News 
  • One Kings Lane CEO shares which retail trends will sink or swim
    Today's hot topics in retail include all things mobile, tablet, social and flash. But not all efforts in these spaces will flourish over the next few years. In a Shop.org Q&A, One Kings Lane CEO Doug Mack shares his views on innovation, embracing technology and optimizing customer experience -- and how to ensure efforts in the mobile, tablet, social and flash arenas succeed. Read the Q&A. Shop.org Blog (04 Jan.) LinkedInFacebookTwitterEmail this Story
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