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| Global retail industry news |  | | |  | - Gap strives to boost international and online sales
International and online sales accounted for 12% of Gap's revenue in 2009. By 2013, the company expects those areas to account for a quarter of its revenue. "We're making the investments necessary to shift the balance of revenue over time to come increasingly from our online and international businesses," CEO Glenn Murphy said. Those investments include launching new stores in Italy and China. Bloomberg Businessweek/The Associated Press (14 Oct.)      - NRF: VAT would eliminate 850,000 jobs in the US
A European-style value-added tax would result in drastic consequences to the US economy and the retail industry, potentially cutting $2.5 trillion from consumer spending during the next 10 years and eliminating 850,000 jobs almost immediately, according an NRF report. "Supporters claim a VAT is the solution to the nation's economic ills, but nothing could be further from the truth," said NRF President and CEO Matt Shay. "This report has found that a VAT would have negative economic consequences for most working Americans alive today." The Washington Post (14 Oct.) , Reuters (14 Oct.)  | In any industry, operational excellence revolves around key business outcomes including productivity, cost control, and quality of service. For retailers, all of these outcomes are highly, if not entirely, dependent on the quality of the workforce and how it is managed. Find out what challenges retailers are facing, and what a workforce management solution can do for your bottom line. |
 - Tesco asks suppliers to reduce carbon emissions on products
Tesco has asked 1,200 of its suppliers to lower the carbon emissions on the products the major retailer sources through them by 30% over the next decade. Tesco executive Richard Brasher said the letter was not a demand but rather part of an effort to gain the "help and collaboration" of its suppliers on environmental programmes. Telegraph (London) (13 Oct.)  | $50 in FREE Advertising from Facebook
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 - McDonald's 100th outlet in Shanghai opens in financial center
Huang Hongfei, vice president and general manager for the central region of China for McDonald's, said the company is proud to launch its 100th Shanghai restaurant in the city's International Financial Center. The recently opened restaurant also represents a "new look" for the company that includes an increased focus on value for money and other changes. ChinaRetailNews.com (15 Oct.)  | This report provides a review and assessment of the strategic innovation options that CPG companies should examine. It also covers the need to develop a coherent innovation strategy across categories and platforms and for alignment with overall corporate strategy: Click here to find out more. |
 - Amazon patents environmentally friendly system
The US Patent and Trademarks Office recently granted Amazon a patent for "environmentally conscious electronic transactions". Amazon's new system would allow customers to limit the environmental effect of their purchases by choosing recyclable packaging and slower methods of shipping. Consumers also could be able to compare the environmental differences between buying online and making a similar purchase at a traditional store. Financial Times (tiered subscription model) (15 Oct.)  | Guide to Persuasive Presentations
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 | Spotlight on Fashion |  | | | - Joop is named "creative partner" at Galeria Kaufhof
Galeria Kaufhof, the department store chain that is part of the Metro Group, has appointed German fashion designer Wolfgang Joop as a "creative partner". Joop will offer input on window display, visual merchandising, seasonal themes, campaigns, logos and other aesthetic endeavors. Women's Wear Daily (subscription required) (13 Oct.) | NRF News | | | | - Study says Value Added Tax would cost US retailers $2.5 trillion over 10 years
A new economic analysis released this week by NRF found that the creation of a European-style VAT, being proposed by some Washington policymakers to reduce the federal deficit, would result in the loss of 850,000 jobs in the first year. According to the study, such changes to federal tax policy would also reduce gross domestic product for three years and bring a permanent drop in retail spending totaling $2.5 trillion over the first 10 years. Read more.
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