09 September 2010 - Burberry aims to transform into agile global retailer

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09 September 2010 Sign up Forward Archive Advertise Global retail industry news     Global Industry Watch    Burberry aims to transform into agile global retailer A modern, red-brick Castleford, England, factory churns out Burberry's English trench coats, the company's signature product. However, Burberry is striving to transform itself from primarily a luxury-goods supplier into an international retailer. The company has challenges ahead as it tries to sell more merchandise to consumers through its online site and store network. The Wall Street Journal (09 Sep.) Sources: 7-Eleven tops Couche-Tard's bid for Casey's 7-Eleven has offered a higher bid than Canada's Alimentation Couche-Tard to acquire Casey's General Stores, sources said. 7-Eleven's offer values its smaller rival at roughly $2 billion. Couche-Tard scrutinised the decision by Casey's to enter into negotiations with 7-Eleven. The Wall Street Journal (09 Sep.) With an Information Agenda for Financial Markets in place, companies have many of the tools needed to make the essential transition from simply supporting the business to making a measurable, sustainable contribution to the business' bottom line. This guide supplies the integrated vision needed to help achieve business goals and objectives—and deliver better business outcomes.   Retail in Europe    Tesco shakes up Clubcard loyalty scheme offerings Tesco is experimenting with its Clubcard loyalty programme to bolster domestic sales growth. High-spending Tesco Clubcard holders have received a coupon that allows them to earn triple points. "Is this a test market for Tesco going to ongoing triple points either permanently or perhaps in the run-up to Christmas?" asked one analyst. Financial Times (tiered subscription model) (08 Sep.) Solid sales prompt Richemont to boost forecast Compagnie Financiere Richemont, the Geneva-based watchmaker and jeweler, reported a surge in sales in the five months that ended last month. The solid increase in interim sales led the company to raise its annual forecast. Richemont CEO and Chairman Johann Rupert noted an improvement in the trading environment, but cautioned that the current rise in demand could wane. The Wall Street Journal (08 Sep.) Debenhams slashes prices as shoppers remain cautious Debenhams said it has reduced prices in an effort to attract consumers. "Many [shoppers] remain cautious due to the continuing, challenging economic climate following spending cuts and the 'will we, won't we?' double-dip recession debate," said Michael Sharp, deputy CEO at Debenhams. Telegraph (London) (08 Sep.) Stop waiting for checks that are "in the mail." Running your business can get in the way of actually doing business. With AcceptPay from American Express OPEN, the online payment and processing solution that helps you get paid faster, you can get back to business. Try it free for the first 60 days. AcceptPay.com.   Retail in Asia    Asian retailers jump on fast-fashion trend Aeon Group and other retailers in Asia are rolling out in-house clothing brands to capitalise on the fast-fashion trend introduced by international retailers. A lack of brand recognition could be a challenge for the retailers, but not an obstacle. Asahi Shimbun (Japan) (07 Sep.) Wal-Mart prepares for China to become the largest economy Wal-Mart is preparing to capitalise on China's growing middle class as it expects the Asian nation to overtake the US as the largest economy in the world. Douglas McMillon, president and CEO of Wal-Mart International, said the company is monitoring the emergence of China's middle class. Tulsa World (Okla.) (07 Sep.) 50% off Facebook Success Summit for SmartBrief readers. Brian Solis plus 21 other experts (including Jay Baer, Mari Smith & practitioners from Intel, Cisco, Microsoft Xbox & SAP) share tips for mastering Facebook marketing at the fully online FBSS 2010. Early bird pricing ends soon — register today!   E-commerce Spotlight    Chocolatier Thorntons reports 12% rise in online sales Thorntons, a UK-based chocolate maker and seller, said online sales increased 12%, helping boost the company's direct sales division, which also includes mail order. The chocolatier has enhanced its website, offering consumers an opportunity to personalise their purchases. However, total sales in the year to 26 June were flat, the company reported. InternetRetailing.net (08 Sep.) Gain Control of Your Most Expensive Resource The market for workforce management is still maturing and many growing companies have yet to implement a workforce management system. Download this complimentary article to learn about why growing companies need to adopt a workforce management solution to stay competitive and the business value this solution provides.   Spotlight on Consumer Electronics  India's consumer electronics retailers gear up for festive season India is preparing for its 2010 festive season, with consumer electronics retailers and brands, such as LG, Samsung and Godrej, getting their offerings, marketing initiatives and product launches ready. Companies are forecasting sales growth of more than 20% over the September-October period. The Economic Times (India) (09 Sep.)   NRF News  US retail container traffic to be up 16% in September Import cargo volume at the nation's major retail container ports is expected to be up 16% in September over the same month last year, but 2010 has already hit its peak and numbers will decline through the remainder of the year, according to the monthly Global Port Tracker report released by NRF and Hackett Associates. September is forecast at 1.32 million containers, and the year is expected to wrap up with 14.5 million, up 15% from last year. Read more. Join NRF  |  NRF Events  |  FIRAE  |  STORES  |  Training and Certification   SmartQuote  A typical vice of American politics is the avoidance of saying anything real on real issues." --Theodore Roosevelt, 26th US 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   Advertise Senior Account Director:  Susan Kim (202) 407-7877 Download Media Kit       Recent NRF Global SmartBrief Issues: Wednesday, 8 Sep 2010 Tuesday, 7 Sep 2010 Friday, 3 Sep 2010 Thursday, 2 Sep 2010 Wednesday, 1 Sep 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

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European Stocks Fall From Four-Month High; Axa, Morrison Slide Bloomberg Home Retail Group Plc, William Morrison Supermarkets Plc and HMV Plc led British retail shares lower. The Stoxx Europe 600 Index slipped 0.1 percent to ... See all stories on this topic »

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Hotels Lead US Property Deals as Lodging Recovery Outpaces Office Demand Bloomberg In the meantime, profits are still falling for some retail and office landlords. General Growth Properties Inc., the Chicago-based US mall owner planning to ... See all stories on this topic »

US Bank and Chrysler offer new-vehicle leases Detroit Free Press "Ally's share of Chrysler's new vehicle retail sales so far this year is 52.5%," Mallino said. "We are confident in our support of Chrysler dealers and ... See all stories on this topic »

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US HOT STOCKS: Men's Wearhouse Active In Late Trading Wall Street Journal Men's Wearhouse's fiscal second-quarter profit jumped 7.7% as the retailer reported higher sales and improved margins, which helped results top expectations ... See all stories on this topic »

Chrysler teams with US Bank for leases BusinessWeek Chrysler said Ally Financial, which has financed around half of the company's retail sales so far this year, will continue to be Chrysler's preferred lender ... See all stories on this topic »

Highlights from the Fed's latest economic survey The Associated Press Retail sales slowed, especially at New York City stores. But tourism in New York City has stayed strong, helped by businesses travelers. ... See all stories on this topic »

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Beiersdorf Turns to Retail Solutions to Leverage Downstream Data Across Retailers PR Web (press release) Retail Solutions Inc., the leading solution provider helping consumer packaged goods (CPG) companies create value from operational downstream data, ... See all stories on this topic »

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US weekly gasoline demand down 0.5 pct-Mastercard Reuters MasterCard Advisors estimates retail gasoline demand based on aggregate sales activity in the MasterCard payments system coupled with estimates for all ... See all stories on this topic »

Chrysler, U.S. Bank team up for vehicle leases Detroit Free Press Ally Financial, formerly known as GMAC, will continue to be the largest provider of wholesale and retail financing to Chrysler dealers and their customers. ... See all stories on this topic »

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Research and Markets: Israel Retail Report Q3 2010 - Vehicle Sales Are ... Benzinga BMI's Q310 Israel Retail Report forecasts that the country's retail sales will grow from ILS132.06bn (US$36.82bn) in 2010 to ILS151.37bn (US$42.20bn) by ... See all stories on this topic »

Beige book: Fed banks see widespread signs of economic slowdown Washington Post (blog) Most Fed districts reported that retail sales excluding automobiles rose. But the Atlanta Fed "reported a decline in the level of sales, and Richmond noted ... See all stories on this topic »

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CBRE: US Retail Availability Rate to Start Decline Early 2011 Citybizlist Real Estate "However, we remain cautious about a solid consumer recovery due to the fact that we are comparing to some of the lowest points in retail sales history. ... See all stories on this topic »

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Peru Retail Report Q4 2010 - New Market Report Published OfficialWire (press release) by Press Office The Q410 BMI Peru Retail Report forecasts that the country's retail sales will grow from PEN109.08bn (US$37.32bn) in 2010 to PEN142.57bn ... See all stories on this topic »

Navistar Swings To 3Q Profit; Lowers Revenue View Wall Street Journal The Warrenville, Ill., company now anticipates industry-wide retail sales of trucks and buses in the US and Canada to be in a range of 190000 to 195000 ... See all stories on this topic »

US equities edge up as Europe fears recede Financial Times The retail sales index rose 3 per cent last week, showing sales at department and chain stores in the final leg of the key back-to-school season had been ... See all stories on this topic »

Chinese Trade Surplus May Exceed $20 Billion, Stoking Tensions With US Bloomberg Producer prices probably rose 4.5 percent in August from a year earlier, retail sales gained 18 percent and urban fixed- asset investment expanded 24.6 ... See all stories on this topic »

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