Tuesday, July 17, 2012

US-style outlet malls make their way to Canada

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17 July 2012
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Global retail industry news

  Global Industry Watch 
 
  • US-style outlet malls make their way to Canada
    Canada's Calloway REIT and US-based mall developer Simon Property Group have teamed to develop Toronto Premium Outlets next year, expected to be Canada's first US-style high-end outlet mall. The first phase of the project will include 85 stores in 350,000 square feet, and will sit within a 10-minute drive of another planned outlet mall, this one a joint venture between North Carolina's Tanger Factory Outlet Centers Inc. and Toronto's RioCan REIT. The Globe and Mail (Toronto) (16 Jul.) LinkedInFacebookTwitterEmail this Story
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  Retail in Europe 
  • Couche-Tard ponders additional acquisitions in Europe
    Canadian convenience store chain Alimentation Couche-Tard is eyeing additional expansion opportunities in Europe now that it has finalized its $2.6 billion purchase of Norway's Statoil Fuel & Retail, despite the debt crisis and current economic uncertainty, said CEO Alain Bouchard. Bloomberg Businessweek (17 Jul.) LinkedInFacebookTwitterEmail this Story
  • Other News
  Retail in Asia 
 
  • End-of-season sale crowds cheer India's retailers
    India's consumers are turning out to shop at retailers' traditional end-of-season sales, after months of cutting back amid the slowest GDP growth in nearly a decade, spurring higher sales for companies including Pantaloons, DLF Brands and Central. "End-of-season sales never gives the true picture. It is more important to see if sales will stabilize after the discount sales period or if a slowdown will continue," said Arvind Lifestyle Brands CEO J Suresh. The Economic Times (India) (17 Jul.) LinkedInFacebookTwitterEmail this Story
  • Sportswear brands, online retailers find favor in China
    Sportswear brands Nike, Adidas and Li Ning topped the list of favorite brands among China's consumers from OC&C Strategy, and online retailers Taobao and Amazon China rounding out the top five. "Within China, B2C e-commerce sales increased in just five years from RMB 4 billion to RMB 180 billion in 2011, and it is not going to stop here," said partner Wai-chan Chan. Marketing-Interactive.com (Singapore) (16 Jul.) LinkedInFacebookTwitterEmail this Story
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  E-commerce Spotlight 
 
 
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  Spotlight on Grocery 
  • Report: UK supermarket growth to stay strong
    The amount of new UK supermarket space in the pipeline has increased 57% in the past five years and reached 5.34 million square feet in the first half of 2012, according to CBRE. Supermarkets make up 38% of planned retail development and 39% of store space under construction in the UK, the report found. The Retail Bulletin (17 Jul.) LinkedInFacebookTwitterEmail this Story
  • Iceland Foods warms up to e-commerce once more
    UK grocer and frozen food specialist Iceland Foods will launch a new e-commerce site in January and try its hand at online shopping after halting the service seven years ago. The company's 1999 venture into e-commerce was "marginally profitable," but was ultimately dropped because too few customers had computers and there was no broadband service, said CEO Malcolm Walker. The Grocer (U.K.) (14 Jul.) LinkedInFacebookTwitterEmail this Story
  • ASDA to add color-coded avocado freshness package
    ASDA will be the first supermarket to roll out new color-coded packaging designed to help shoppers pick avocados at just the right stage of ripeness. "This simple system will simplify what has traditionally been a complicated product to purchase at the ripeness required," said avocado buyer Damien Gray. The Guardian (London) (16 Jul.) LinkedInFacebookTwitterEmail this Story
  • Carrefour Indonesia debuts sustainable cooking oil
    Carrefour Indonesia stores have started selling the first cooking oil in the country that has won the certification of the Roundtable on Sustainable Palm Oil. Indonesia's government hopes that the locally sourced palm oil will eventually be sold at Carrefour's stores in Europe and other global markets. The Jakarta Post (Indonesia) (17 Jul.) LinkedInFacebookTwitterEmail this Story
  NRF News 
  • Best practices to achieve prominence in the health and beauty market
    Health and beauty is one of the most fiercely competitive categories online with some of the world's most recognizable brands such as Lancôme and Estee Lauder vying for consumers. In a recent addition to the Shop.org white paper library, Innotrac profiles the dynamics and diversity of the health and beauty segment and identifies opportunities for these e-commerce merchants to extend their brand experience. Download the white paper. LinkedInFacebookTwitterEmail this Story
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