| Global retail industry news |  |
- Lotte is in final push for Matahari's hypermarkets
Lotte Group is poised to make its final bid for the Indonesian hypermarkets owned by Matahari Putra Prima. The move will put Lotte in direct competition with Carrefour in Indonesia. "We've come a long way and we'll make a final bid," said Hwang Kag Gyu, executive vice president of international and new business planning at Lotte. "There's ample liquidity so funding won't be a big problem." Bloomberg Businessweek (30 Nov.)       - Canadian official: Retailers should not surprise shoppers with eco fees
Retailers have an obligation to ensure that their customers are aware of eco fees before they make their purchase, said Ontario Environment Minister John Wilkinson. "Retailers are ultimately responsible for how they advertise their wares for sale and how they advertise them in the store," Wilkinson said. "Consumers are rightfully incensed if they are surprised at the cash registers ... [retailers] run the significant risk of engendering the wrath of the consumer." Toronto Sun (29 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. Choose ADP® and get a $300 Apple® Gift Card. |
 - German retail sales up as holiday shopping begins
The German Retail Federation, called HDE, said retail sales in the country exceeded expectations over the past weekend as consumers started buying Christmas presents earlier than they did last year. The HDE has predicted that Germans will spend nearly €77 billion in November and December, a 2.5% increase over last year. Bloomberg (29 Nov.)  | Cutting CPA Costs — but not corners
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 - France's Galeries Lafayette to enter China
Galeries Lafayette, the high-end department store operator based in France, has signed a lease agreement with Beijing Jinsheng Real Estate Development Co. The French company will open its first department store in Asia in the Financial Street area of Beijing. Galeries Lafayette Chairman Philippe Houze said the plan is to open as many as 15 department stores in China in the near term. ChinaRetailNews.com (30 Nov.) - Modern Indian shoppers move across store types
The Nielsen company has released a study on consumer habits in India and found that modern shoppers do not rely on one store for their needs but visit several different stores. The "Crossover Shopper", according to Nielsen, is a trend that has been developing in India. "While retailers usually see shoppers gravitating towards one or two shop types as the market evolves, the Crossover Shopper is the new phenomenon in India as shoppers have now developed a fixed set of stores across format types to meet multiple needs," said Radhika Chandok, executive director at The Nielsen Co. The Financial Express (India) (30 Nov.)  | Xerox® ColorQube® solid ink printers, starting at $699.
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 - Research: UK's online grocery sales to grow
The online grocery market in Britain is expected to almost double over the next five years, according to researchers. IGD analysts are forecasting that the market will reach £9.5 billion in five years, up from £4.8 billion. Consumers between the ages of 18 and 34 are driving the growth, according to IGD. InternetRetailing.net (29 Nov.) - Toy pony is a popular choice among UK's online shoppers
Butterscotch, a life-sized Shetland pony toy, was a hit with online consumers on Cyber Monday, which is expected to be one of the busiest Internet shopping days in the UK. However, the timing of Cyber Monday is being disputed, with some UK retailers saying it actually takes place on Dec. 6 instead of Nov. 29. The Guardian (London) (30 Nov.)  | Gain insight into the overall health of U.S. businesses and how to leverage new tools to better manage business, while reducing risk exposure. View our on-demand Webinar Gain a clearer picture of small-business risk in an uncertain market. |
 | Spotlight on Grocery |  | | | - First Vietnamese supermarket to open in Cambodia
The Viet Nam Supermart, which will strive to promote Vietnamese goods in Cambodia, is poised to open in Phnom Penh before the end of the year. "This new market will help satisfy the Vietnamese enterprises' demand for display and selling Vietnamese goods at a low cost," said Seng Meng, chairman of the management board of Z 38, which is a member of the Association of Vietnamese Enterprises in Cambodia. Vietnam News Agency (29 Nov.) | NRF News | | | | - Black Friday weekend sees bigger crowds, increase in spending
More shoppers visited stores and websites over Black Friday weekend this year compared to last, spending to the tune of $45 billion. Discretionary gifts such as jewelry and gift cards saw increases, as did department store and clothing store traffic. "As retailers look ahead to the first few weeks of December, it will be important for them to keep momentum going with savings and incentives that holiday shoppers simply can't pass up," said NRF President and CEO Matthew Shay. Read more.
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