Shareholders push Tesco to pull out of US, banking

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09 April 2012 Sign up Forward Archive Advertise Global retail industry news   Global Industry Watch    Shortage of retail space slows US chains' move to Canada US retailers eyeing expansion into Canada are finding a shortage of suitable real estate to set up shop, experts say. The country has far fewer malls than the US, with only two enclosed malls built since 1989, and high occupancy rates leave fewer options for merchants looking to move north, said Sam Winberg, co-founder and principal for Northwest Atlantic (Canada). Calgary Herald (Alberta) (05 Apr.)      Other News Wal-Mart, Carrefour, Tesco top list of world's biggest retailers The Age (Melbourne, Australia) (07 Apr.)      Data powers all your online channels and as a marketer you are involved with how this information is being used to reach customers. Federal regulations require protection of that consumer data to avoid potential risks and lawsuits. Watch these videos to learn how to create a comprehensive data privacy strategy.   Retail in Europe    UK retailers see 15% rise in insolvencies UK retail insolvencies rose 15% in the first quarter, with 69 companies entering administration compared to 60 in the year-ago quarter, according to Deloitte. "As online retailing continues to grow while overall spending is weak, the fixed costs and poor performance of some stores drags on the overall business," said partner Lee Manning. The Independent (London) (09 Apr.)      Shareholders push Tesco to pull out of US, banking Tesco shareholders are reportedly increasing pressure on the company to scrap US retail stores that have been slow to take off and a banking business fraught with IT issues, and focus on improving its core UK grocery business. The company's market share is now at a seven-year low, and shares have fallen 21% in the past year. The Guardian (London) (08 Apr.)      What Data Thieves Don’t Want You to Know: How a multi-layered data security solution, including encryption and tokenization, protects data in transit, in use and at rest. When combined, these two technologies provide a powerful method for securing sensitive data wherever it exists. Get proof here.   Retail in Asia  India's mall developers offer deals to fill space Mall developers in Mumbai have begun offering incentives including free rent for up to six months and rebates on furniture and fixtures to entice retailers to set up shop. Shopping centers are struggling with a glut of vacant space as a slowing economy has retailers putting growth plans on hold. LiveMint.com/The Wall Street Journal (India) (07 Apr.)      Planet Blue to give Japan a preview Southern California apparel retailer Planet Blue will open a week-long pop-up shop in Tokyo's Isetan department store next month, a preview of a permanent store set to open next spring. The chain's five US stores are already a major attraction for Japanese tourists, and Japan has been a top e-commerce market for the brand for the past three years, the company said. Women's Wear Daily (subscription required) (06 Apr.)      China's inflation rate rose more than forecast Consumer prices in China rose 3.6% in March compared to the same month in 2011, a sharper increase than economists had forecast, according to the National Bureau of Statistics. Bloomberg (09 Apr.)        Retail in Latin America  Tupperware bets on beauty for Brazil growth Tupperware, known in the US for its plastic food storage containers, has taken a separate path to growth in Latin America. The company spent $557 million in 2005 to acquire six beauty-product brands, after realizing the region's consumers spend about 20 times more on cosmetics and creams than they do on food containers. Today beauty products comprise 26% of Tupperware's revenue. The Wall Street Journal (05 Apr.)        E-commerce Spotlight    Amazon opens store for Spanish-language e-books Amazon launched Tienda Kindle, which sells about 30,000 Spanish-language e-books. "Publishers recognize that globally, Spanish is a primary language," said Seneca Mudd, director of the Interactive Advertising Bureau's Multicultural Council. "These moves represent the magnitude of the Americas as a hemispheric marketplace." FoxNews.com (05 Apr.)      Gain valuable insight on how to build an HR strategy that produces results in any economy. Notable CEOs of quickly-growing companies outline their winning HR strategies in this must-read whitepaper for small businesses in growth mode. Learn more here.   Spotlight on Mass Merchandise  Wal-Mart rolls out skills program for women factory workers Wal-Mart has launched a five-year empowerment program designed to teach life skills to women who work in the factories that make goods for the retailer. The program, part of a larger global women's empowerment initiative, will roll out in Bangladesh and India this year, and will include leadership training for about 8,000 participants. Women's Wear Daily (subscription required) (05 Apr.)      H&M makes moves toward greener production Factories producing goods for Sweden-based fast-fashion retailer H&M boosted their use of lower-impact solvents, recycled polyester and organic cotton, the company revealed in advance of its annual corporate sustainability report to be released Thursday. The Guardian (London) (07 Apr.)        NRF News  Best practices to obtain competitor price data When it comes to gaining a tactical advantage on your competition, your business doesn't benefit by cutting corners. In a new addition to the Shop.org white paper library, Ugam Interactive explains the differences between monitoring and mapping competitors' websites that can give retailers a strategic advantage in product pricing while also keeping margins where you need them. Download the white paper.      Join NRF  |  NRF Events  |  FIRAE  |  STORES  |  Training and Certification   SmartQuote  One cannot think well, love well, sleep well, if one has not dined well." --Virginia Woolf, British writer        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 202-407-7837 Download Media Kit       Recent NRF Global SmartBrief Issues: Friday, 6 Apr 2012 Thursday, 5 Apr 2012 Wednesday, 4 Apr 2012 Tuesday, 3 Apr 2012 Monday, 2 Apr 2012     Lead Editor:  Liz DeHoff       Mailing Address: SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004 USA     © 1999-2012 SmartBrief, Inc.® Legal Information

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