Retail sales growth in Canada likely slower than in US

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15 November 2011 Sign up Forward Archive Advertise Global retail industry news   Global Industry Watch    Retail sales growth in Canada likely slower than in US Retail sales in Canada are projected to grow 2.5% in November and December, while sales in the U.S. are expected to expand 5%. "Consumer spending after inflation in Canada has downshifted quite meaningfully from a year ago and is running weaker than the U.S. pace," said Sal Guatieri, vice president and senior economist at BMO Capital Markets. Financial Post (Canada) (14 Nov.)      Face-to-face business events are proven to increase revenue, especially when held in a creative destination like Orlando. A recent economic impact study showed that for every $1 spent on business travel, companies benefited an average of $12.50 in increased revenue and $3.80 in new profits. Solve your business event needs and increase ROI in Orlando.   Retail in Europe    UK's Hot Tuna plans to sell namesake brand Hot Tuna, the British surf wear company, is interested in expanding, but has struggled to raise funds. "In light of current trading being below budget ... it would be difficult for the company to raise new investment from existing shareholders for the development and promotion of the Hot Tuna brand," the company said. Therefore, the retailer has decided to sell its namesake brand. Reuters (14 Nov.)      Benetton says high material costs hurt quarterly profit Benetton Group, the Italian clothing manufacturer and retailer, reported a drop in third-quarter profit, citing climbing costs of raw materials and lower revenue. Raw material costs "will remain well above the historic average and will therefore continue to impact on margins in coming quarters," the company said. MarketWatch (14 Nov.)      Burberry posts 26% surge in first-half profit Burberry, the UK-based luxury goods group, said higher tourist spending around the globe helped drive up first-half profit 26%. The company maintained its growth targets amid uncertain trading conditions. "We remain mindful of, and prepared to react to, any local or global uncertainties," according to Burberry. Reuters (15 Nov.)      Other News HMV launches first store selling only technology City A.M. (London) (14 Nov.)      Consumer Insights Your Brand Needs to Know: Latest Trends in Behavioral Advertising Learn what brand managers, advertisers, as well as networks, agencies, and publishers need to know about consumer survey insights into behavioral ad serving, also known as interest-based advertising. Learn more today!   Retail in Asia    Retail rents in Asia-Pacific region climb CBRE Group said that global banks' demand for retail property in the Asia-Pacific region helped drive up rents in the third quarter. "Prime locations remain keenly sought after by international luxury and fast fashion retailers, either looking to expand or enter the region for the first time," according to Josh Loudon, regional director for retail services at CBRE. Bloomberg (15 Nov.)      Aditya Birla to expand hypermarkets and supermarkets India's Aditya Birla Retail plans to launch about a dozen More Megastore hypermarkets annually as well as opening about 150 outlets annually to its More supermarket chain. "We will open 12-13 hypermarkets and around 150 supermarkets every year for the next five years. For the current fiscal, we have earmarked an investment Rs 300 crore. There will be similar kind of investment each year for the next five years," said Thomas Varghese, chief executive officer at Aditya Birla Retail. The Hindu Business Line (India) (15 Nov.)      Improve Holiday Sales Results with Tools from Akamai! Now is the perfect time to ensure your website will hold up to the rush of holiday shoppers headed your way. With the challenges facing retailers this holiday shopping season, it's never too soon to focus. Download Akamai's Holiday Toolkit now!   E-commerce Spotlight    China's online shoppers may surpass US by 2015 Online retail in China is growing fast and is on track to reach about $315 billion by 2015, making it larger than e-commerce in the US, according to Boston Consulting Group. The study also found that Chinese consumers are more likely than shoppers in other global markets to use social networks and product review sites in researching a purchase. Los Angeles Times/Technology blog (11 Nov.)      Major retailers seek heads of e-commerce Some of the largest retailers in the world, including Wal-Mart and Target, are putting a greater emphasis on their online offerings, prompting demand for e-commerce leaders. Online sales are growing rapidly, and some retailers are realizing that they are a step behind. The Wall Street Journal (tiered subscription model) (15 Nov.)      What's a good health plan for small businesses? There are a number of factors to consider to find a good fit, and making a decision is filled with trade-offs and compromise to balance your cost and the benefits you get for your employees. Download this complimentary whitepaper to begin the evaluation process now!   Spotlight on Grocery    Bidding for food retailer Iceland continues ASDA, Morrisons and BC Partners are all striving to acquire Iceland, while Malcolm Walker, founder of the food retailer, is working with Blackstone's debt arm to help finance his bid. Walker has pre-emption rights on the final offer. The Telegraph (London) (14 Nov.)      Cencosud reportedly close to finalizing acquisition of Prezunic Cencosud, the Chilean supermarket chain, is working toward completion of its takeover of Prezunic, a chain of supermarkets in Brazil, according to a local newspaper. Prezunic, which is privately owned, has 30 stores in Rio de Janeiro. Nasdaq.com/Dow Jones Newswires (14 Nov.)      Power your connections and turn fans into real connections when you run technology powered by Buddy Media. Now learn how to drive results with your social posting. Download Buddy Media's free guide for Successful Retail Social Posting   NRF News  How to leverage mobile and social applications in-store Retailers looking to provide a more engaging experience for shoppers should look no further than the device shoppers carry in their hands. In a Nov. 17 STORES Knowledge series webinar, Sucharita Mulpuru of Forrester Research and Gev Satarawalla of Criti will share key insights on current trends in retail mobile and social media initiatives, how to measure ROI in the mobile and social space, and relevant ways to include social and local contexts to mobile-enabled shoppers. Register or learn more.      Join NRF  |  NRF Events  |  FIRAE  |  STORES  |  Training and Certification   SmartQuote  One cool judgment is worth a dozen hasty councils. The thing to do is to supply light and not heat." --Woodrow Wilson, 28th U.S. president        This SmartBrief was created for cpgbrokers.data@blogger.com   Subscriber Tools       Update account information | Change e-mail address | Unsubscribe | Print friendly format | Web version | Search past news | Archive | Privacy policy Grab our News Widget Publish your Press Release   Advertise Associate Publisher:  Dena Malouf (202) 407-7838 Download Media Kit       Recent NRF Global SmartBrief Issues: Monday, 14 Nov 2011 Friday, 11 Nov 2011 Thursday, 10 Nov 2011 Wednesday, 9 Nov 2011 Tuesday, 8 Nov 2011     Lead Editor:  Liz DeHoff       Mailing Address: SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004 USA     © 1999-2011 SmartBrief, Inc.® Legal Information

Why good leaders make their own luck

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November 15, 2011 CONNECT WITH SMARTBRIEF News for SmartBrief prospective partners Sign up Partner with us Publications About SmartBrief   What's Happening  3 steps to encourage your team to take more risks Employees who are worried about job security aren't likely to take the risks necessary for innovation, Ron Ashkenas writes. That can happen when organizations emphasize growing and cutting expenses at the same time. Instead, managers need to encourage their teams to share ideas and create opportunities to experiment with new ways of getting work done. "Most important, make it explicit that failure is acceptable as long as something is learned," Ashkenas writes. Forbes (11/2) Top tweets: D.C.-area associations project growth From the past two weeks of chatter on SmartBrief Scoop: Will these high-profile groups be leaving the U.S. Chamber of Commerce? Survey: Nearly 80% of all D.C.-area associations, nonprofits expect staffing to stay flat or grow marginally in 2012 Solar Power International confirms show at McCormick Place after union deal confirmed Top 10 tech tools associations should be using in 2012 Association for Rare Earth, founded earlier this month, pushes Congress for formation of Rare Earths Caucuses Name change for Office Business Center Association International Maine tech trade group closes due to "financial sustainability issues" Taxicab, Limousine & Paratransit Association names new president Model gallery from SEMA's aftermarket product show in Las Vegas sparks controversy United States Council for International Business CEO explains his leadership philosophy SmartBlog on Social Media is ranked among top social media blogs Social media marketing firm eCairn compiled a list of the top 150 social media blogs, and it ranks SmartBrief's SmartBlog on Social Media at No. 58. Other luminaries on the list include Guy Kawasaki (No. 36) and Andy Sernovitz (No. 93), with Chris Brogan coming in at the top spot.   Business Wire and SmartBrief announce partnership expansion Business Wire, the leading source for full-text breaking news and news releases, and SmartBrief have expanded their long-standing partnership to offer communications professionals more ways to reach key industry influencers. The agreement expands from 12 to 80 the number of targeted industry trade e-mail publications to which Business Wire clients will have access when issuing their news releases. Industry-specific SmartBrief e-newsletters are available as add-on options through Business Wire Connect, Business Wire's proprietary, secure client interface. Click here to learn more about the expanded partnership.   Leadership Focus  Leadership tips from Man United's Alex Ferguson Alex Ferguson has led Manchester United, the vastly successful and highly profitable English soccer team, for 25 years, and has proven to be a master at extracting talent from his players. Among his top tools for doing so: fits of halftime rage known as "hairdryers" for their ability to shock players into performing better. Ferguson "could reasonably be described as England's Steve Jobs, given his unorthodox, talent-obsessed and sometimes bruising approach to making something beautiful," this blogger writes. The Economist/Game Theory blog (11/8)   Brilliant news: You're a failure Everyone fails at some point, says Paul J.H. Schoemaker -- the question is whether they let their failures throw them off their stride. Finding that you've failed is fantastic news, he says, because it's the first step toward retooling for subsequent success. "You have many more opportunities," Schoemaker says. "... The longer-term learning can also be of such a magnitude that it dwarfs the original cost." Knowledge@Wharton (11/9) Why good leaders make their own luck Everyone has good and bad luck, but the best leaders know how to minimize the effects of misfortunes, and capitalize on their lucky breaks, writes Morten T. Hansen. That means spotting opportunities early, responding flexibly, and wringing every drop of advantage out of them. "[I]t's not enough just to spot a good-luck event; you also need to be prepared to alter your plans to act on it," Hansen writes. Harvard Business Review online/HBR Blog Network (11/4) Other News If you want creative workers, start by making them comfortable Mashable (11/8) 5 ways to stumble across a bright idea Forbes/Work in Progress blog (11/8) Steve Jobs, master tweaker The New Yorker (11/14)   About SmartBrief  What we do SmartBrief publishes industry-specific e-mail newsletters in partnership with prominent associations, professional societies, corporations and nonprofits. More than 4.5 million executives and professionals rely on SmartBrief every day to stay informed and save them time. Visit here to view our partners, see samples and subscribe. For updates, follow us on Twitter or become a fan on Facebook. Want to explore partnering? Let's talk.   Media 2.0  How to get started with a Google+ brand page Marketers firing up their first Google+ brand page should take a moment to stop, look and listen, writes Mike Sansone. Take a slow, less-is-more approach to building your page and be sure to ask your new followers what they actually want from your brand's new page, Sansone advises. ConverStations (11/8)   4 reasons you should care about Google+: Google+ is more than just a flash in the pan, authors Guy Kawasaki and Chris Brogan say. The social network is becoming a hangout for people who are passionate about specific interests, and it has been a boon to search engine optimization efforts, they say. It also makes it easier for brands to be sure that they'll be seen by their followers, since Google doesn't have an EdgeRank-style filter system, the pair say. SmartBrief/SmartBlog on Social Media (11/8) Do you have what it takes to be a social media thought leader? It's easier than you might think to become a digital thought leader in your chosen niche, writes Marla Tabaka. You can't fake thought leadership, so focus on finding an area that you're truly expert in, genuinely passionate about and in which you have the ability to develop innovative ideas. "Give voice to what matters to you because it probably matters to many others who are searching for inspiration," Tabaka writes. Inc.com (11/9) The fatal flaw in Facebook's social graph The "social graph" upon which social networks are built is a crude approximation of real-world relationships, suggesting that most social networks are inherently flawed, Maciej Ceglowski writes. Just as portals such as CompuServe and AOL gave way to more natural ways of accessing information online, so Facebook and Google+ will be replaced by messier, subtler ways of representing relationships, Ceglowski writes. "It's just a matter of waiting things out, and leaving ourselves enough freedom to find some interesting, organic, and human ways to bring our social lives online," he writes. Pinboard Blog (11/8) Other News 3 ways to boost word of mouth with Foursquare SmartBrief/SmartBlog on Social Media (11/10) Foursquare offers B2B marketers unexpected benefits CustomerThink (11/1) Study: A fifth of Twitter users now follow branded accounts eMarketer (11/7)   SmartNugget  Follow your dreams, says Margaret Cho People should trust their ambition and not let anyone tell them they can't achieve their goals, comedian Margaret Cho says in this Big Think interview. Your determination and self-belief is your biggest asset, Cho says, and isn't something you should let anyone take away from you. "Tenacity wins over talent. Tenacity will win out over any kind of education or any kind of nepotism," she says. SmartBrief/SmartBlog on Leadership (11/8)     Subscriber Tools Click here to unsubscribe from all future promotional messages. Sign up |  Print friendly format |  Web version |  Privacy policy SmartBrief Team Partnership Sales:  partnerwithsb@smartbrief.com (202) 407-7865 Senior Editor: Jessica Strelitz SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004   About SmartBrief® SmartBrief delivers the day's most important industry news to the desktops of key decision-makers. About SmartBrief All SmartBrief industry-specific publications SmartBrief in the news Partner with SmartBrief Follow us on Twitter @SmartBriefScoop Follow us on SmartBlogs   © 1999-2011 SmartBrief, Inc.® Legal Information

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