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Global retail industry news |  |  | Utilize the Zurich Enterprise Risk Management Healthcheck assessment tool to get a better understanding of your current ERM strategy with recommendations for improvement. Sign up for FREE access today! |
- H&M reports 11% increase in sales in April
Hennes & Mauritz saw its April sales surge 11% compared with the same month the previous year. The retailer received help from warm weather in many European cities and the late Easter holiday. Reuters (16 May.)         - Kesa looks into selling Comet
Kesa reportedly is under pressure from Knight Vinke and other major investors to look into breaking up and selling Comet to focus more on Darty, the company's profitable French business. The retail giant is also considering delisting shares from the London Stock Exchange, according to a report in the Sunday Times. MarketWatch (15 May.)          | Health care reform got you down? Learn more from UnitedHealthcare on how the federal changes to medical benefits will affect you and your employees. This comprehensive guide highlights incentives for enrollment and a timeline of important dates and deadlines. Don't let them pass you by—Learn more here! |
- Ikea Japan donates household products to quake evacuees
Ikea Japan plans to donate futons, kitchen utensils and other household items to people who were evacuated following the March 11 earthquake and tsunami. "We hope that residents of temporary housing will get off to a comforting start as soon as possible," Ikea said in a statement. JapanToday.com (16 May.)          | Guide to Persuasive Presentations This Harvard Business Review Guide is packed with practical advice on everything from structuring content to overcoming stage fright. Get the tools and confidence you need to shape your information for your audience and to master public speaking. Order here in print or PDF download. |
- The Hut plans to move forward with market listing
The Hut Group is planning to move forward with its initial public offering despite an effort to close a tax loophole that gives the company an edge. The firm ships goods for a variety of other retailers from Guernsey to the UK so that consumers don't have to pay the VAT. The Guardian (London) (13 May.)          | The buzz around social media - and whether it is worth the effort - continues to be a leading business concern. SmartBrief's State of Social Media for Business sheds light on obstacles & opportunities in using social media to produce measurable results. Check out the State of Social Media for Business. |
 Spotlight on Mass Merchandise |  |  | | - Myer to ramp up outsourcing of goods from China
Over the next few years, Myer is planning to almost double the amount of homewares, fashion and other merchandise it received from China. The shift will help Myer support its expansion plans. Bernie Brookes, chief executive at Myer, said the Australian retailer will open offices in Shanghai and Hong Kong to coordinate the outsourcing. The Sydney Morning Herald (Australia) (16 May.)         NRF News |  |  | | - NRF joins travel coalition to help boost economic growth
The nation's largest retail association is now the newest member of the Discover America Partnership -- a broad coalition of associations working to reform the antiquated visa process, which has cost the U.S. economy billions of dollars in lost sales from international tourists. A reform of this measure would increase tourism, generating demand for U.S. goods and could potentially create 1.3 million U.S. jobs. Read more.         SmartQuote |  |  | |  | Be on the alert to recognize your prime at whatever time of your life it may occur." --Muriel Spark, Scottish novelist          | | | This SmartBrief was created for cpgbrokers.data@blogger.com |
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