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 - Morrison seeks to broaden growth avenues
Dalton Philips, the new chief executive officer at Wm Morrison Supermarkets, said the company plans to test a convenience store format early next year. Meanwhile, the fourth-largest grocer in Britain will look into selling food online. Reuters (09 Sep.) , Bloomberg (09 Sep.)      - Lion Capital is expected to sell Dutch chain Hema
Ronald van Zetten, CEO at the Dutch variety-store chain Hema, said the company's owner, Lion Capital, likely will sell. "For an initial public offering, I think we should have done more behind the scenes, done our preparations and it would also have been announced as a share sale," Van Zetten said. "Most probably a buyer will be found, instead of having a share sale." Bloomberg (09 Sep.)  | How Gen Y and Boomers Will Reshape Your Agenda
The authors of this Harvard Business Review article conducted two large-scale surveys that reveal surprising overlap of Boomer and Gen Y workplace values. Innovative firms are responding by crafting reward packages that benefit these two huge workforce cohorts — and their employers. Order here. |
 | Retail in Asia |  | | | - Japanese electronics retailer defies shopaphobic trend
Japan has transformed from a society of conspicuous consumption to one in which younger consumers dislike all but online and thrift-store shopping. Yamada Denki, the largest consumer-electronics retailer in Japan, has managed to defy the trend. The company has doubled its sales over the past five years by rewriting the country's rules of retailing. The Economist (09 Sep.) - Gome ownership battle includes nationalistic debate
Gome founder Huang Guangyu, who has been imprisoned for insider trading and bribery, is in an ownership battle with the company's CEO, Chen Xiao, that has been heating up in recent weeks. The dispute involves an investment in Gome by Bain Capital, a US private equity group. Financial Times (tiered subscription model) (09 Sep.) | Retail in Latin America | | | | | Technology Solutions | | | | - L'Usine a Design enables shoppers to see customised choices
L'Usine a Design, a French home furnishing retailer, determined last year that it needed an online tool that would allow consumers to visualise their customised choices. The retailer opted to go with Adobe Scene7 to enable customers to create and modify an online picture of the products they are considering. The use of customisable options has allowed the retailer to boost its customer satisfaction rate to 95%. InternetRetailer.com (09 Sep.) | Spotlight on Fashion | | | | - Burberry goes virtual to show off spring collection
Burberry plans to stream the Sept. 21 debut of its spring/summer 2011 collection to 25 of its boutiques around the world, and offer viewers an early chance to buy the pieces they like. Items ordered during the event, dubbed "Retail Theater", will be shipped within weeks, giving shoppers almost the same early access as fashion editors and retail buyers enjoy. Los Angeles Times/All the Rage blog (08 Sep.) | NRF News | | | | - adidas exec examines using process documentation to align business and IT
Peter Burrows, CIO emeritus of adidas Group, will discuss the importance of developing a business process model as the first step to providing maximum IT support at the upcoming Association for Retail Technology Standards Users' Meeting, 12 to 14 Sept. in Orlando, Fla. The meeting offers a comprehensive three-day educational programme on the benefits and "how-to" of ARTS standards. Learn more.
| SmartQuote | | | |  | Life is known only by those who have found a way to be comfortable with change and the unknown. Given the nature of life, there may be no security, but only adventure."
--Rachel Naomi Remen,
American physician and professor  |
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