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| Global retail industry news |  | | |  | - Carrefour to invest $2 billion to "reinvent hypermarket"
Carrefour CEO Lars Olofsson said the French retail giant plans to invest roughly €1.5 billion over the next couple of years on its Western Europe superstores. The company plans to convert hundreds of its superstores to the new Carrefour Planet model starting next year. The other superstores also will be updated, Olofsson said. "By reinventing the hypermarket, we reinvent Carrefour," he said. Bloomberg (16 Sep.)        - Large UK retailers are likely to emerge from downturn stronger
Some of the largest retailers in Britain are warning their smaller competitors that they will be able to cope with the gloomy consumer outlook better because of their scale and ability to reduce expenses. Britons are having to deal with increased taxes, austerity plans and other challenges. The situation is expected to benefit the major retail players. Reuters (16 Sep.) - County Council sues Sainsbury's over packaging
The Lincolnshire County Council is taking Sainsbury's to court on claims of using excess packaging on a beef roasting joint. The obscure environmental law that Sainsbury's is being prosecuted under has resulted in only a handful of other cases, which were all against small companies. Telegraph (London) (16 Sep.)  | Reshaping Enterprise Workforce Management Software
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 - Bad weather raises sourcing issues for Indian retailers
Major grocery chains in India, including More, Bharti Wal-Mart and Reliance, are facing challenges in sourcing quality fruits and vegetables because of bad weather in the northern part of the country. Retailers said they are having a difficult time offering competitive prices compared to street vendors. "The rains have led to destruction and yield loss across the country," said Thomas Varghese, CEO of More. "The fruit and vegetable business for modern retail is a loss-making proposition unlike for a handcart or a market seller. We don't make money and are distributors between farmers and consumers, though we try to work in a positive margin." The Economic Times (India) (17 Sep.)  | Writing an Executive Summary That Means Business
An effective executive summary needs to deliver information persuasively, describing potential outcomes and impacts. This concise reprint offers tips for writing an executive summary that balances delivery with a well-substantiated pitch. Order here in paper or PDF. |
 - China increases scrutiny of foreign online retailers
China's Ministry of Commerce is bolstering its scrutiny of the online sales activities of foreign companies. Overseas businesses that want to sell products via the Internet to Chinese consumers have been told to submit applications. Officials will then determine whether the companies will be allowed to conduct such business. ChinaRetailNews.com (16 Sep.) - Survey delves into payment security concerns
A survey of UK consumers found that many want their financial institutions to quickly deliver information about questionable payment transactions. The survey by Adeptra found that 93% of respondents said their banks offer such services, but consumers are concerned about how much time it takes to make the notification. Internet Retailer (16 Sep.)  | Blue-Collar millionaire on Facebook marketing
Discover how a small business can attract new customers & build loyalty using Facebook. Inc. magazine's blue-collar millionaire and successful restaurateur Nick Sarillo shares how he & his staff made Facebook marketing a valuable part of their promotional strategy. Register now for 34% savings! |
 | Spotlight on Fashion |  | | | - Dolce & Gabbana's new Milan store is unusual even for D&G
Dolce & Gabbana Spiga2, a new store opening this weekend in Milan, is unusual in that it will sell not only Dolce & Gabbana products but also clothing and other items from newer designers. Sophie Theallet, Martin Grant, Yigal Azruel and other designers, which would typically compete with Dolce & Gabbana, will be featured. The Wall Street Journal (16 Sep.) - Chinese menswear chain Eve plans to raise funds to open stores
An increase in demand for tailored clothing is prompting Eve Enterprise Group to strive to open more stores. The Chinese luxury menswear chain is trying to raise roughly $446 million through a share sale. Founder and Chairman Xia Hua plans to add 100 locations to its 500-shop chain. She said she's also negotiating with a couple of fashion houses to expand Eve's presence in the country's luxury-goods market. Bloomberg (16 Sep.) | NRF News | | | | - Retail CMO shares marketing tips for small businesses
Allan Dick, CMO of Vintage Tub & Bath, began his marketing career selling liquidated items on eBay and quickly learned how to compete in the retail world. In a recent Q-and-A, Dick shares niche marketing tips for small businesses, what he'd do with an extra $500,000 in his budget, and how to sell online retail to offline manufacturers. Read more.
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