Tuesday, November 1, 2011

UK retailers brace for another Darwinian year

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01 November 2011
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  • Super Retail completes acquisition of Rebel Group
    Super Retail will take control of Rebel Sports, Amart and performance Sport stores from Archer Capital. Super Group CEO Peter Birtles said the company has a variety of plans for the brands and is also looking into its next move. The Australian (31 Oct.) LinkedInFacebookTwitterEmail this Story
  • Saudi consumer electronics retailer to launch IPO
    United Electronics Company, known as eXtra, plans to launch an initial public offering between Dec. 5 and 11. The consumer electronics retailer plans to sell about 7.2 million shares. Mohammed Galal, CEO at eXtra, said earlier this year that the proceeds of an IPO would go toward funding the retailer's store expansion in the Middle East. Arab News (Saudi Arabia)/Reuters (31 Oct.) LinkedInFacebookTwitterEmail this Story
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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 Europe 
 
  • UK retailers brace for another Darwinian year
    A number of high street chains are expected to collapse in the near future, while others plan to close stores in an effort to reduce expenses. Their demise could help bolster surviving retailers. "In 2011, expectations of a consumer recovery have been dashed, which has translated into a year of profit warnings," said Adam Cochrane, a UBS retail analyst. "Next year, store closures and weaker chains going into administration are likely to take capacity out of the market, which could be positive for those that remain." Gulf News (United Arab Emirates)/Financial Times (01 Nov.) LinkedInFacebookTwitterEmail this Story
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Scheduling That Works for Employers and Employees: It's Not a Mirage
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  Retail in Asia 
 
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  E-commerce Spotlight 
 
  • PwC predicts online shopping in Australia to jump 13%
    PricewaterhouseCoopers has predicted that online spending in Australia will climb 13% this calendar year. The business adviser also says that rather than trying to compete with online retailers simply on price, traditional retailers should make improvements to distinguish themselves. The Australian (01 Nov.) LinkedInFacebookTwitterEmail this Story
Improve Holiday Sales Results with Tools from Akamai!
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  Spotlight on Grocery 
 
  • Woolworths aims to bolster sales of private-label goods
    Woolworths is striving to double its sales of house-brand products. Grant O'Brien, chief executive officer of the Australian supermarket group, is set to unveil the plan to analysts and investors. Sales of in-house brands at supermarkets in the UK and the US make up a significantly higher percentage of total sales than they do in Australia. The Sydney Morning Herald (Australia) (01 Nov.) LinkedInFacebookTwitterEmail this Story
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  NRF News 
  • Best practices for implementing new PCI tokenization guidelines
    With the August 2011 PCI Standards Council update, internal tokenization has gained momentum as the lowest impact solution that large merchants can implement to achieve PCI compliance for stored cardholder data. In a Nov. 3 STORES Knowledge Series webinar, independent Payment Card Industry Qualified Security Assessor Walter Conway gives insight directly from case studies to illustrate best practices for solution selection and implementation. Attendees will also receive a free copy of Conway's white paper "PCI DSS Tokenization Buyers Guide." Learn more. LinkedInFacebookTwitterEmail this Story
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Education is about the only thing lying around loose in the world, and it's about the only thing a fellow can have as much of as he's willing to haul away."
--George Horace Lorimer,
American journalist and author


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8 ways to find the inspiration to innovate

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November 1, 2011
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  What's Happening 
  • Do you know your global-business ABCs?
    International organizations come in different shapes and sizes, writes Terrance Barkan, from essentially domestic bodies with a smattering of foreign clients to groups that are so thoroughly multinational that they no longer have a home country in any meaningful sense. "[O]nce international membership reaches 5% or more of your total, it is time to develop a dedicated international growth strategy," Barkan advises. SmartBrief/SmartBlog on Leadership (10/25)
 


  Leadership Focus 
  • The telltale signs of a lousy leader
    Bad leadership is common in U.S. business, so it's important to diagnose it in yourself and others, writes Mike Myatt. To spot a substandard CEO or mediocre middle manager, watch out for an absence of personal integrity, poor performance, a lack of focus and an inability to articulate goals clearly. "If [positive] traits are not possessed by your current leadership team, or your up and coming leaders, you will be in for a rocky road ahead," Myatt warns. N2Growth.com (10/24)
  • Creative bosses know it's OK to break stuff
    Managers tend to prefer order to chaos, writes Mike Myatt, but that's precisely the wrong attitude if you're hoping to find creative solutions to your company's problems. Only by smashing through stale strategies can you disrupt the status quo and find new ways forward, Myatt writes. "Don't agonize over this, and don't ask permission; go break something," he advises. N2Growth.com (10/26)
 
  • 8 ways to find the inspiration to innovate
    Innovation can be difficult, but putting constraints on yourself can get the creative juices flowing, Jeff Haden writes. Imagining that your company has no money or that a problem must be solved in the next few minutes can help you to look at issues in new ways, for example. Also try other tactics, such as asking why things are done a certain way and learning from other businesses, he writes. BNET/Owners' Manual blog (10/26)
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  Media 2.0 
  • How to put your Facebook fans to work
    Your Facebook fan base is a potent resource for crowdsourced projects, writes Jim Belosic. Word-of-mouth marketing, product development and recruiting efforts all can benefit from crowdsourcing efforts, Belosic writes. "Remember that these benefits are predicated on building, nurturing and supporting your fan base, so take the time to interact and engage with your fans," he writes. SmartBrief/SmartBlog on Social Media (10/25)
  • Social media lessons from Cap'n Crunch
    Brands with well-developed mascots have a head start when it comes to drumming up buzz, Andy Sernovitz writes. Quaker Oats demonstrated that by allowing "Cap'n Crunch" to blog and tweet in the first person, creating a backstory about his trips to sea and allowing him to ask fans for advice on developing the brand. "The Cap'n is always in character -- and this is a fundamental part of the brand's strategy," Sernovitz writes. SmartBrief/SmartBlog on Social Media (10/27)
 
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  SmartNugget 
  • Secrets of e-mail mastery
    E-mail has become an essential part of business life, but it can overwhelm you with too many messages or expose you to security issues, Rick Broida writes. To get a handle on your e-mail account, try using tools such as Mailinator, which allows you to create disposable e-mail addresses to avoid getting spammed when you have to enter an address to receive a special offer, he writes. Also try services such as Followup.cc, which allows users to be reminded of an e-mail at a later date. PC World Business Center (10/26)

 
 
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