04 November 2010 - Metro to expand Media Markt stores into China

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04 November 2010 Sign up Forward Archive Advertise Global retail industry news     Global Industry Watch    Metro to expand Media Markt stores into China Germany's Metro will open more than 100 Media Markt stores in China over the next few years. Metro is aiming to tap into rising Chinese consumer demand for laptops, televisions and other consumer electronics. Global Times (China) (04 Nov.) , Bloomberg (03 Nov.) Starbucks needs to open overseas locations Starbucks suspended expansion activity during the economic downturn, but in order for the company to realise growth, it is time to start opening new stores, according to this Wall Street Journal analysis. With Starbucks' home market almost saturated, the company needs to look toward international expansion. France and Germany might be good options for Starbucks as incomes are high and consumers enjoy coffee. The Wall Street Journal (04 Nov.)   Other News New Zealand's Smiths City reports 11.5% drop in sales The New Zealand Herald/BusinessDesk (New Zealand) (04 Nov.) You're out of the office, meeting with clients and vendors, all while balancing work and life. Sometimes even a laptop just isn't practical. The RUN Powered by ADP® mobile payroll app helps you manage payroll anytime — quickly and easily — from any location. Try it now.   Retail in Europe    Alliance Boots invests in innovative products for holiday boost Alliance Boots, which was taken private in 2007, is looking to attract Christmas shoppers through fun and innovative items. "We're confident about our prospects for Christmas, but undoubtedly the consumer is going to be watching how they spend their money very carefully," said George Fairweather, finance director at Alliance Boots. Reuters (03 Nov.) Next warns price of clothing could surge on cotton costs UK-based retailer Next is reiterating its warning that the soaring price of cotton could result in higher clothing prices. "The longevity of what appears to be a speculative bubble in cotton prices will be critical in determining prices for the second quarter," the retailer said. The increase could be as much as 10%, according to Next. Telegraph (London) (04 Nov.) This report provides a review and assessment of the strategic innovation options that CPG companies should examine. It also covers the need to develop a coherent innovation strategy across categories and platforms and for alignment with overall corporate strategy: Click here to find out more.   Retail in Asia    Sources: Wal-Mart joins race to buy Matahari's Hypermart Wal-Mart will compete with South Korea's Lotte and the Carlyle Group, a private equity fund, for the acquisition of Matahari's hypermarket business, called Hypermart, in Indonesia, sources said. Wal-Mart reportedly has hired an investment bank to advise it on the deal, which could be worth about $1 billion, although it is not clear whether the US retailing giant has submitted a formal bid. ABC News/Reuters (04 Nov.) Shanghai Friendship to acquire rival department store Shanghai Friendship is planning a $2.4 billion stock swap to acquire Shanghai Bailian Group, a department store chain. "The transaction will boost earnings at Shanghai Friendship, which will probably become the key retailer in the Shanghai area, the key market in the country," said Yao Wenqi, an analyst at Great Wall Securities. Bloomberg (04 Nov.) What could be better than supporting and managing your BlackBerry smartphone deployment, for free? Nothing. Now you can get industry-leading security and device management tools for BlackBerry smartphones, for free. Download BlackBerry Enterprise Server express today and get started.   E-commerce Spotlight  Australia's David Jones launches online store David Jones CEO Paul Zahra decided that the holiday season was the best time for the retailer to launch an online store. "For the busy or time poor our online store offers an alternate way to shop with not only the convenience of one easy transaction but also a one-stop flexible shopping experience created with superior delivery service including speedy dispatch and gift wrapping options," Zahra said. The Sydney Morning Herald (Australia)/Australian Associated Press (04 Nov.) Survey: M-commerce is a major factor for retailers this Christmas Tesco, Marks & Spencer, Amazon and other major retailers are prepared for what is expected to be a mobile-commerce Christmas. As many as 7.7 million consumers in Britain will be turning to their smartphones to make holiday purchases, found a study. The biggest obstacles to m-commerce are concerns about payment security and challenges related to using mobile sites, said survey respondents. InternetRetailing.net (03 Nov.)   Spotlight on Consumer Electronics  Fnac focuses on increasing sales outside of France Fnac CEO Christophe Cuvillier said the French entertainment and consumer electronics chain is striving to generate about half of its sales outside of its home market of France within the next few years. The company has been expanding in South America and Northern Africa. Bloomberg (03 Nov.)   NRF News  Is your e-commerce site ready for the holidays? Most online holiday retailers are expecting strong holiday sales this season. Do you think your e-commerce site can handle it? Join executives from Forrester Research and VeriSign for a STORES Knowledge Series webinar on 10 Nov. as they discuss best practices for blazing-fast website performance and offer tips to decrease cart abandonment. Learn more. Join NRF  |  NRF Events  |  FIRAE  |  STORES  |  Training and Certification   SmartQuote  In the world a man will often be reputed to be a man of sense, only because he is not a man of talent." --Sir Henry Taylor, English dramatist   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   Advertise Senior Account Director:  Susan Kim (202) 407-7877 Download Media Kit       Recent NRF Global SmartBrief Issues: Wednesday, 3 Nov 2010 Tuesday, 2 Nov 2010 Monday, 1 Nov 2010 Friday, 29 Oct 2010 Thursday, 28 Oct 2010     Lead Editor:  Megan Conniff       Mailing Address: SmartBrief, Inc.®, 1100 H ST NW, Suite 1000, Washington, DC 20005 USA     © 1999-2010 SmartBrief, Inc.® Legal Information

Google Alert - consumer packaged goods

News 9 new results for consumer packaged goods

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Proactive Packaging & Display Launches New Website Wide-Format Imaging Proactive Packaging & Display has launched its new website aimed at retailers, consumer packaged goods (CPG) manufacturers, brokers, co-packers and ... See all stories on this topic »

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MVR Purchases Assets of Sustainable Packaging Service Provider Azom.com ... today announced the acquisition of the assets of NextLife™, a leading provider of sustainable solutions for the consumer packaged goods industry. ... See all stories on this topic »

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