| Global retail industry news |  |
- Woolworths to acquire direct-to-home wine retailer
Australia's Woolworths is buying The Cellarmasters Group, a major direct-to-home wine retailer, from Archer Capital. "Cellarmasters' proven expertise in direct wine marketing will add a new and complementary customer channel to the Woolworths Liquor Group, reflecting the multiple ways in which consumers now search for and purchase wine," Woolworths said in a statement. Inside Retailing Online (25 Feb.)        | Increase daily productivity with comprehensive modern software. Consistently dependable office tools from Microsoft Online Services can reduce employee downtime on-premises and in the cloud. Learn more about implementing IT strategies with reduced operational costs in this free whitepaper. |
 - Private equity firm acquires Zabka Polska
Mid Europa Partners, a private equity firm based in Britain, has acquired Zabka Polska, the largest chain of convenience stores in Poland. Mid Europa will pay about €400 million for the company's 2,400 stores, according to a representative of the seller, Penta Investments. "It's yet another sign that the Polish retail market is moving toward faster consolidation," said Michal Potyra, an analyst at UniCredit. "Someday Zabka will end up being owned by one of the larger players." Bloomberg Businessweek (25 Feb.)  | Are You In with the In Crowd?
In each company there is a core group who seems to call the shots, or perhaps are those for whom the shots are called. For better and for worse this group, not on any org chart, reinforces whatever it pays attention to. Order this Harvard Business Review article to better recognize and lead these key influencers. |
 - Hindustan Unilever takes over where rival left off
Just days after major retailers in India suspended new orders from Reckitt Benckiser, the company's rival Hindustan Unilever has launched a marketing drive. "Hindustan Unilever will roll out a '15 day burst campaign' from March 1 to create special counters for its brands and increase staff count to execute the heightened marketing activity," a leading retail executive said. The Economic Times (India) (28 Feb.)  | 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. |
 | E-commerce Spotlight |  | | | - Taobao.com to cultivate third-party developers
Taobao.com of China plans to invest CNY300 million in a fund to encourage the development of its third-party partners. The Internet shopping subsidiary of Alibaba is planning to cultivate enterprises, service providers and third-party developers. ChinaTechNews.com (28 Feb.) | Spotlight on Mass Merchandise | | | | - Tesco fires next shot in price battle with Asda
Tesco is promising to pay consumers "double the difference" on any products that are found to be less expensive at Asda. The move comes as Tesco, the largest retailer in the UK, launches significant price cuts. "Tesco will lower prices on more than 1,000 everyday products across our stores -- from rice and tea to bleach and washing powder," the company said. Reuters (27 Feb.), Telegraph (London) (27 Feb.), The Independent (London) (27 Feb.) - Some major foreign retailers struggle in China
Home Depot, Best Buy, Carrefour, Wal-Mart and other big-box foreign retailers are finding business in China difficult despite it being the largest and fastest growing consumer market. Some have closed stores, while others have faced fines for overcharging consumers. Meanwhile, Yum! Brands and some other foreign retailers are thriving in the Asian nation. MSNBC/The Associated Press (25 Feb.) | NRF News | | | | - Retail's "state of the industry" report available now
For nine years NRF and KPMG have produced the retail industry's most authoritative source for benchmarks and trends, based on an annual survey of hundreds of retail executives and interviews with thought leaders. The 2011 report, "Retail Horizons: Benchmarks for 2010, Forecasts for 2011" is now available to purchase. Order the full report by today and save up to $135. Learn more.
| SmartQuote | | | |  | Real success is not on the stage, but off the stage as a human being, and how you get along with your fellow man."
--Sammy Davis Jr.,
American actor and singer  |
| | This SmartBrief was created for cpgbrokers.data@blogger.com
|
No comments:
Post a Comment
Please comment thoughtfully CPG Brokers, your best resource to optimize your in store self exposure and maximize sku distribution.