  | Global retail industry news |  |
| Global Industry Watch |  |  | | - Global retailers try to tap into China's rural market
Domestic consumer consumption is starting to drive China's economic growth, prompting increased attention from multinational companies. Global retailers are keen to tap into China's consumer market, particularly in rural areas. Consumers from the countryside are expected to see their incomes continue to increase, providing significant opportunities for businesses. China Daily (Beijing) (01 Mar.)       | Osteoporosis: A guide to prevention and treatment
Osteoporosis symptoms need not threaten the health of your bones or your quality of life. This Harvard Health report describes prevention and treatment options through diet, exercise, and medications. 30% off the cover price and free shipping for SmartBrief readers. Order here in hard copy or PDF. |
 | Retail in Europe | | | | - France's Carrefour aims to streamline operations
Carrefour, the French retailing giant, has received board approval to spin off its Dia chain and list a quarter of its European property firm. Carrefour is striving to "make the group more focused on its operational priorities while creating value for our shareholders," said Lars Olofsson, Carrefour CEO. The Wall Street Journal (02 Mar.), Bloomberg (01 Mar.) - Consumers give discount supermarkets in UK a boost
Lidl reported a 13.6% rise in sales over the past three months, while Aldi posted an increase of 13.4%. The sales growth of the discount supermarkets exceeded those of their larger counterparts, such as Sainsbury's, Tesco and Asda, according to figures from Kantar Worldpanel. "With economic uncertainty increasingly in the news it is no surprise that shoppers are being cautious with their spending," said Fraser McKevitt, a retail analyst at Kantar. "While the discounters are performing well, this is not due to an increase in new shoppers, but rather because their existing customers are spending more with them." The Independent (London) (02 Mar.) | Retail in Asia | | | | - Chinese billionaire to venture into retailing
Zong Qinghou, the wealthiest man in China, is planning to launch 100 department stores. "We are in talks with many local governments as establishing big stores require land," Zong said. "By setting up our own shops, we can have more say in the distribution" of Hangzhou Wahaha Group, the beverage company that made Zong's fortune. Bloomberg (02 Mar.)  | 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. Get the report today. |
 | E-commerce Spotlight | | | | | Technology Solutions | | | | - Sainsbury's installs dynamic demand management technology
Sainsbury's recently announced that it has been testing smart grid technology and now the supermarket giant has confirmed that it is rolling out the dynamic demand management technology in about 200 of its stores. Sainsbury's has signed a 10-year agreement with RLtec, a UK smart grid start-up. RLtec said the technology will help Sainsbury's reduce its carbon emissions by 10,000 tonnes annually. The Guardian (London) (01 Mar.) | Spotlight on Luxury Goods | | | | | NRF News | | | |
| SmartQuote | | | |  | Books give not wisdom where none was before. But where some is, there reading makes it more."
--John Harington,
British writer and inventor of the flush toilet  |
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