Monday, May 16, 2011

Gap continues expansion with stores in Ukraine and Serbia

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16 May 2011
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  Retail in Europe 
 
  • H&M reports 11% increase in sales in April
    Hennes & Mauritz saw its April sales surge 11% compared with the same month the previous year. The retailer received help from warm weather in many European cities and the late Easter holiday. Reuters (16 May.) LinkedInFacebookTwitterEmail this Story
  • Kesa looks into selling Comet
    Kesa reportedly is under pressure from Knight Vinke and other major investors to look into breaking up and selling Comet to focus more on Darty, the company's profitable French business. The retail giant is also considering delisting shares from the London Stock Exchange, according to a report in the Sunday Times. MarketWatch (15 May.) LinkedInFacebookTwitterEmail this Story
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Health care reform got you down? Learn more from UnitedHealthcare on how the federal changes to medical benefits will affect you and your employees. This comprehensive guide highlights incentives for enrollment and a timeline of important dates and deadlines. Don't let them pass you by—Learn more here!
  Retail in Asia 
 
  • Ikea Japan donates household products to quake evacuees
    Ikea Japan plans to donate futons, kitchen utensils and other household items to people who were evacuated following the March 11 earthquake and tsunami. "We hope that residents of temporary housing will get off to a comforting start as soon as possible," Ikea said in a statement. JapanToday.com (16 May.) LinkedInFacebookTwitterEmail this Story
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  E-commerce Spotlight 
 
  • The Hut plans to move forward with market listing
    The Hut Group is planning to move forward with its initial public offering despite an effort to close a tax loophole that gives the company an edge. The firm ships goods for a variety of other retailers from Guernsey to the UK so that consumers don't have to pay the VAT. The Guardian (London) (13 May.) LinkedInFacebookTwitterEmail this Story
The buzz around social media - and whether it is worth the effort - continues to be a leading business concern. SmartBrief's State of Social Media for Business sheds light on obstacles & opportunities in using social media to produce measurable results. Check out the State of Social Media for Business.
  Spotlight on Mass Merchandise 
  • Myer to ramp up outsourcing of goods from China
    Over the next few years, Myer is planning to almost double the amount of homewares, fashion and other merchandise it received from China. The shift will help Myer support its expansion plans. Bernie Brookes, chief executive at Myer, said the Australian retailer will open offices in Shanghai and Hong Kong to coordinate the outsourcing. The Sydney Morning Herald (Australia) (16 May.) LinkedInFacebookTwitterEmail this Story
  NRF News 
  • NRF joins travel coalition to help boost economic growth
    The nation's largest retail association is now the newest member of the Discover America Partnership -- a broad coalition of associations working to reform the antiquated visa process, which has cost the U.S. economy billions of dollars in lost sales from international tourists. A reform of this measure would increase tourism, generating demand for U.S. goods and could potentially create 1.3 million U.S. jobs. Read more. LinkedInFacebookTwitterEmail this Story
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3 tips for keeping calm under pressure

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May 16, 2011
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  • Mapping strategic positives and negatives to achieve better outcomes
    Baron Hanson is principal and lead consultant at RedBaron Consulting. In this SmartBrief-exclusive post, he details how a strategic positives and negatives analysis can reveal key details reveal about your organization.

    "Leading a small business, nonprofit organization, industry association or large corporation is becoming increasingly complex for owners, executive directors and CEOs. Home runs, strikeouts and land mines abound.

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  Leadership Focus 
  • 3 tips for keeping calm under pressure
    Leaders must keep their emotions in check, especially in troubled times, John Baldoni writes. His tips for projecting calm include breathing deeply, relaxing facial muscles and speaking slowly and at a lower pitch. "[F]or my money, I would rather follow an executive who keeps it together than one who is wild-eyed and restlessly pacing," Baldoni writes. SmartBrief/SmartBlog on Leadership (5/10)
  • Leadership should be fast and flat, Deloitte CEO says
    Smart companies throw command-and-control leadership systems and hierarchical management structures out the window, says Deloitte CEO Barry Salzberg. "No longer is leadership about a few exceptional leaders at the top of the organization," Salzberg says. "Rather, the future is about exceptional teams and the leaders within those teams who can out-maneuver, out-manage and out-innovate their competition." Knowledge@Wharton (5/11)
 
  • Why good bosses deliver only bad news
    The best bosses make a point of keeping their mouths shut except when they've got bad news to deliver, writes Jeff Haden. If you have good news, let a subordinate take the credit and get the morale boost. If you have bad news, take full responsibility, even when it's not your fault. If you have no real news to share, don't let anyone say anything. "No matter the setting, take a moment to choose the right person to speak. Never assume the right person is you," Haden advises. BNET/Owners' Manual blog (5/6)
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  Media 2.0 
  • Grab onto these 5 social media life preservers
    Launching a social media campaign inevitably involves jumping in at the deep end, but with a few simple precautions it's easy to stay afloat, writes Heidi Cohen. Brand-monitoring tools, institutional commitment and a sound strategic foundation are essential to avoid disaster, Cohen writes. "As you prepare to take your first swim in the social media pool, bear in mind that to make your initiative successful, you must have goals, strategies and metrics that are in line with your overall business objectives," she writes. SmartBrief/SmartBlog on Social Media (5/10)
 
  • Why companies should start putting their own content first
    Too many companies "pay themselves last" by prioritizing social sites such as Facebook and Twitter rather than their own branded-content hubs, argues Adam Singer. Content is an asset, and it makes sense to deploy that asset where it can do the most long-term good for your brand -- and in most cases, that's your own website or blog, Singer writes. "I'm not saying don't use social networking sites and other social platforms that aren't yours. What I am advising is to re-prioritize. Your owned channels come first," he writes. The Future Buzz (5/9)
  • Get ready for the social-data gold rush
    There's a wealth of untapped and highly valuable data inherent in the public conversations taking place on social networks, writes Dion Hinchcliffe. That means big challenges, such as privacy concerns, but also huge opportunities for the analytics firms, data-monitoring services and other social-intelligence operatives helping firms to navigate social channels, Hinchcliffe writes. "Organizations ... are only now beginning to understand the vast intelligence that can be derived by looking at millions of conversations taking place, mostly out in the open, between those engaging in social media," he writes. ZDNet/Enterprise Web 2.0 blog (5/12)
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