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   | Global retail industry news |  | | |  | - 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.)       | 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. |
 - 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."
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 - 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.)  | 50% off Facebook Success Summit for SmartBrief readers.
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 - 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
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 | Spotlight on Consumer Electronics |  | | | | 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.
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