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| Global retail industry news |  | | |  | - Starbucks needs to open overseas locations
 Starbucks suspended expansion activity during the economic downturn, but in order for the company to realise growth, it is time to start opening new stores, according to this Wall Street Journal analysis. With Starbucks' home market almost saturated, the company needs to look toward international expansion. France and Germany might be good options for Starbucks as incomes are high and consumers enjoy coffee. The Wall Street Journal (04 Nov.)       | You're out of the office, meeting with clients and vendors, all while balancing work and life. Sometimes even a laptop just isn't practical. The RUN Powered by ADP® mobile payroll app helps you manage payroll anytime — quickly and easily — from any location. Try it now. |
 - Alliance Boots invests in innovative products for holiday boost
Alliance Boots, which was taken private in 2007, is looking to attract Christmas shoppers through fun and innovative items. "We're confident about our prospects for Christmas, but undoubtedly the consumer is going to be watching how they spend their money very carefully," said George Fairweather, finance director at Alliance Boots. Reuters (03 Nov.) - Next warns price of clothing could surge on cotton costs
UK-based retailer Next is reiterating its warning that the soaring price of cotton could result in higher clothing prices. "The longevity of what appears to be a speculative bubble in cotton prices will be critical in determining prices for the second quarter," the retailer said. The increase could be as much as 10%, according to Next. Telegraph (London) (04 Nov.)  | 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. |
 - Sources: Wal-Mart joins race to buy Matahari's Hypermart
Wal-Mart will compete with South Korea's Lotte and the Carlyle Group, a private equity fund, for the acquisition of Matahari's hypermarket business, called Hypermart, in Indonesia, sources said. Wal-Mart reportedly has hired an investment bank to advise it on the deal, which could be worth about $1 billion, although it is not clear whether the US retailing giant has submitted a formal bid. ABC News/Reuters (04 Nov.) - Shanghai Friendship to acquire rival department store
Shanghai Friendship is planning a $2.4 billion stock swap to acquire Shanghai Bailian Group, a department store chain. "The transaction will boost earnings at Shanghai Friendship, which will probably become the key retailer in the Shanghai area, the key market in the country," said Yao Wenqi, an analyst at Great Wall Securities. Bloomberg (04 Nov.)  | What could be better than supporting and managing your BlackBerry smartphone deployment, for free? Nothing.
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 | E-commerce Spotlight |  | | | - Survey: M-commerce is a major factor for retailers this Christmas
Tesco, Marks & Spencer, Amazon and other major retailers are prepared for what is expected to be a mobile-commerce Christmas. As many as 7.7 million consumers in Britain will be turning to their smartphones to make holiday purchases, found a study. The biggest obstacles to m-commerce are concerns about payment security and challenges related to using mobile sites, said survey respondents. InternetRetailing.net (03 Nov.) | Spotlight on Consumer Electronics | | | | - Fnac focuses on increasing sales outside of France
Fnac CEO Christophe Cuvillier said the French entertainment and consumer electronics chain is striving to generate about half of its sales outside of its home market of France within the next few years. The company has been expanding in South America and Northern Africa. Bloomberg (03 Nov.) | NRF News | | | | - Is your e-commerce site ready for the holidays?
Most online holiday retailers are expecting strong holiday sales this season. Do you think your e-commerce site can handle it? Join executives from Forrester Research and VeriSign for a STORES Knowledge Series webinar on 10 Nov. as they discuss best practices for blazing-fast website performance and offer tips to decrease cart abandonment. Learn more.
| SmartQuote | | | |  | In the world a man will often be reputed to be a man of sense, only because he is not a man of talent."
--Sir Henry Taylor,
English dramatist  |
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