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  | Global retail industry news |  | | |  | - Kuwaiti retailer has major expansion plans
M.H. Alshaya Co., a retailer based in Kuwait, is working on an aggressive five-year international expansion plan. "We plan to do an average of 250 stores every year," said Mohammed Alshaya, executive chairman of the retailer. "The business is going to grow and expand into 17 countries." Alshaya has the franchising rights in the Middle East for Starbucks, Hennes & Mauritz and other companies. Bloomberg (26 Oct.)       | Gain Control of Your Most Expensive Resource
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 - UK retailers develop own-brand products, enhance websites
British retailers are driving profit by concentrating on their higher-margin, own-brand products and improving their websites as they face a difficult trading environment in 2011, according to Deloitte. Online is "an absolute essential priority now as opposed to before when it was seen as something that was an emerging thing, not high on the list", said Ian Geddes, head retail partner at Deloitte. He also said stores are working on improving and coordinating their multichannel options. Bloomberg (26 Oct.)  | What could be better than supporting and managing your BlackBerry smartphone deployment, for free? Nothing.
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 - Japan's Aeon plans to bolster investment abroad
Aeon, a retail giant based in Japan, expects its home market to stagnate while growth surges in China and Southeast Asia. Aeon plans to tap into the growth markets by almost tripling its investment in foreign markets over the next few years. "Success or failure in the Asian market will become our biggest challenge," said Aeon President Motoya Okada. The Wall Street Journal (26 Oct.) - Fate of mammoth retailers in South Korea is up in the air
Lawmakers in South Korea are debating how to regulate the growth of major retailers, dubbed super-supermarkets, putting their future on the line. The government said controversial limits on the largest retailers were delayed because of protests from Europe. The political wrangling comes as the nation's nonfranchised retailers battle to cool the expansion of the super-supermarkets. The Korea Herald (Seoul) (26 Oct.)  | Gain insight into the true cost of a business process outsourcing (BPO) engagement — beyond what is typically reflected in the BPO provider's service price — and learn how technology, if chosen carefully and implemented well, will have a major impact on driving down these costs, both in the short and long term. Download your complimentary white paper. |
 | E-commerce Spotlight |  | | | - Study: Digital attacks against retailers are on the rise
Cyber-attacks against retailers have increased with targets including insider financial information, company trade secrets and customer account information, found a study. The company included a variety of different types of attacks, including generalised website attacks and invasive e-mails that contain malicious computer code. InternetRetailer.com (26 Oct.)  | Neck & Shoulder Pain — This special report from Harvard Medical School covers the most common causes of neck and shoulder pain, outlines today's treatment options, and provides many simple steps you can take to ease and manage your aches and pains. 30% off the cover price and free shipping for SmartBrief readers. Click here to order. |
 | Technology Solutions | | | | | Spotlight on Luxury Goods | | | | - Luxury retailer Rivoli makes changes as shoppers return
As the rebound in luxury sales continues, Rivoli, a high-end retailer representing dozens of watch brands, is working on a number of new lines and other changes to offer shoppers more choices. Rivoli is considering adding a new line of high-end jewellery, for example. The company also will start selling a Gucci watch line in the United Arab Emirates. Gulf News (United Arab Emirates) (26 Oct.) - Overseas sales help lift Coach
Coach reported strong sales, particularly overseas, and said it expects its holiday results to be robust. Executives at the luxury company said same-store sales in China increased by double digits. The company is planning to open another 25 stores in China after launching 13 outlets in fiscal 2010. Investor's Business Daily (26 Oct.) , Reuters (26 Oct.) | NRF News | | | | - The data you need to expand internationally
Retailers considering international expansion have a wealth of statistical information right at their fingertips with FIRAE's industry data page. The industry data, sorted by country, provides economic statistics from retail environments worldwide. Researching new economic frontiers is only a click away! Learn more.
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