| Global retail industry news |  |
- Tesco exec sees no limit to services it might sell
Andrew Higginson, Tesco's group strategy director, said at the National Retail Federation convention that the company is prepared to move into any services where it sees demand from consumers. "We decided that we are a retailer and we will sell anything," Higginson said. The mobile telephony market is one he UK retail giant wants to expand. Retail Week (U.K.) (10 Jan.)        | 2011 planning for social media made simpler
94.1% of businesses use social media to build brand awareness — does yours? Get insights into business trends and best practices for social media from SmartBrief's State of Social Media for Business. Make your 2011 social-media strategy count with data from 6000+ business execs. Download the key takeaways now. |
 - H&M to launch collection designed by Swedish fashion blogger
Hennes & Mauritz has worked with Madonna and other celebrities, but is switching gears by launching a collection designed by Elin Kling, a Swedish fashion blogger. "As one of the largest fashion profiles in Scandinavia, Elin fits our fashion-conscious target audience very well," said Sofia Jegerborn, marketing manager at H&M Sweden. Toronto Sun/Reuters (10 Jan.)  | From hire to retire, Paychex provides the right payroll, HR and benefits services to meet your business goals. With over 35 years of experience, Paychex is recognized as a top national provider of business solutions, offering the personal attention and commitment you need to focus on key priorities. Get a free payroll quote and receive one FREE month of payroll processing! |
 - Shoppers Stop to expand as it anticipates rising consumption
 Shoppers Stop's expansion efforts focus on the 35 cities in India that have a population of more than a million. The retail giant survived the economic downturn and is now looking at what it expects to be the next major challenge. "In my mind, the biggest change in retail will happen in 2014-15, when per capita consumption will double," said Govind Shrikhande, managing director and chief customer associate at Shoppers Stop. LiveMint.com/The Wall Street Journal (India) (11 Jan.)  | 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. |
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 | E-commerce Spotlight |  | | | | Spotlight on Grocery | | | | - Snow probably helped UK supermarket sales
Sales at Sainsbury, Tesco and other British supermarkets probably rose during the holidays as bad encouraged many shoppers to make a majority of their holiday purchases in one supermarket visit. "There is an expectation that this year the convenience and power of one-stop-shopping helped the supermarkets," said Nick Bubb, an analyst at Arden Partners. "All the toys that Mothercare didn't sell and the DVDs HMV didn't sell may have been bought in Tesco and Sainsbury." Bloomberg (10 Jan.) - Sainsbury's to continue to create jobs, CEO says
Sainsbury's, which employs roughly 150,000 people, has created thousands of jobs over the past couple of years and plans to create 20,000 more in the next few years. Justin King, CEO at Sainsbury, said the positions would be a mix of part-time and full-time. BBC (10 Jan.) | NRF News | | | | - Who is the Chinese consumer?
Young people in China are overwhelmed by choices and crave innovation, which makes China the perfect place for brands to explore, according to a group of panelists at Retail's BIG Show in New York City this week. To create a meaningful retail experience for the next billion consumers, the panelists said, retailers need to understand three key components about the consumer environment in country. Read more.
| SmartQuote | | | |  | There is no sense in crying over spilt milk. Why bewail what is done and cannot be recalled?"
--Sophocles,
Greek playwright  |
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