| Global retail industry news |  |
- Australian fashion designers focus on online offering
Angela Backshell and Tracy Miller, designers at Lucette, opted against participating in Australian Fashion Week and instead decided to focus on the company's website. "We invested the money that would have gone into Fashion Week in marketing staff for the website, a stylist and a photographer to shoot product on models and generally updating the site to make it more user friendly," Backshell said. "We thought it was best to put the money into online this season because that's where we could see the growth happening and it's less investment than the cost of opening a new [bricks-and-mortar] store." The Sydney Morning Herald (Australia) (09 Jun.)        | How do you stay ahead of the curve and remain in the black while consumers continue to be frugal in these difficult times? Find out how product lifecycle management solutions are helping manufacturers maximize production efficiencies, reduce time to market, and solve design and production problems before they reach the prototype stage. |
 - UK considers simplifying rules on age-restricted products
Vince Cable says simpler rules on age-restricted goods, such as spray paints, films and computer games, would be the first solid initiative to emerge from the government's Red Tape Challenge. The Business Secretary said he is interested in reducing "the amount of bureaucracy that the average retailer has to deal with." Age restrictions on some products could be dropped altogether. Telegraph (London) (08 Jun.) - Asda's price guarantee might be expanded to non-food products
Asda guarantees that a fixed-basket of grocery items is at least 10% less expensive than its rivals and now that price guarantee might be expanded. "We'll look to keep extending the Asda price guarantee," said Asda CEO Andy Clarke. "It seems a natural extension to broaden the ranges, including non-food." Bloomberg (08 Jun.) - Waitrose might consider buying some Iceland Foods shops
Waitrose isn't interested in leading a bid for Iceland Foods but would consider working with a partner or acquiring certain stores. "I think whoever gets it we'd be happy to work with, if the shops fitted our demographic. But we wouldn't go in on the basis we'd be the major party," said Mark Price, managing director at Waitrose. Reuters (08 Jun.)  | 2 Banners That Used Gaming to Drive Engagement
Make your online ads more engaging and they'll become more effective. This report will show you how to:
• Leverage in-banner rewards, competition and more
• Dramatically increase your banner's quantifiable impact
• Take advantage of new ad unit formats and technologies
• Deliver on ever-increasing consumer expectations |
 - Wal-Mart reaches Indian consumers as a wholesale supplier
Wal-Mart Stores and other major retailers are prohibited from operating retail stores in India, but the American retailing giant is finding success as a wholesale supplier to the country's restaurants and stores. Wal-Mart has teamed up with Bharti Enterprises, and through the joint venture the companies are planning to significantly increase the number of locations this year. The move also helps prepare Wal-Mart for when India's rules are relaxed. Bloomberg (08 Jun.) - Chinese apparel brands aim to capture fashion-conscious customers
 Chinese fashion brands including JNBY, Ochirly, Meters/bonwe and Youngor have been improving the quality of their clothing as part of a push to improve the reputation of the "Made in China" label and keep more of consumers' new wealth at home. European chains including Zara and H&M are seeing business boom in China, as consumers increasingly have the money to buy what they want as well as what they need. The Globe and Mail (Toronto) (06 Jun.)  | FedEx SmartPost Returns is an ideal way for businesses with over 100 daily returns to provide a convenient returns method for low-weight residential packages. It's a cost-effective, reliable solution that utilizes the strength of the FedEx® network and the U.S. Postal Service®. Learn more.
The U.S. Postal Service and USPS are registered trademarks of the United States Postal Service |
 - Europe poised to approve changes to online retail rules
European officials rejected a measure that would have required online retailers to pay the costs of consumers when goods worth €40 or more were returned. However, other rules affecting online retailers are expected to be approved. For example, consumers likely will gain more time to return some goods to online retailers. InternetRetailing.net (08 Jun.) - Russia's Sapato.ru secures millions in funding
Sapato.ru, an online shoe retailer in Russia, plans to use the money it has raised to expand its assortment range, enhance customer service and boost marketing. Sapato.ru launched a year ago and has already handled more than 75,000 orders. TechCrunch (09 Jun.)  | Ad Compliance Best Practices Kit — Stay ahead of consumer concern and government regulation with TRUSTe. Gain an overview of what Behavioral Advertising (OBA) is, why it is important, and what your options are. Insights from the FTC, DAA, TRUSTe, Forbes, Publisher's Clearing House and more. Register Now. |
 | Spotlight on Consumer Electronics |  | | | | NRF News | | | | - Why retailers should be investing in talent now
Retail companies like Macy's are capitalizing on current economic conditions to boost long-term HR business strategies. In a recent Q&A on Retail's BIG Blog, HR consultant Brent Holland of FurstPerson shares why now is not the time to sit on the sidelines when it comes to workforce development as well as how to make the most of your hiring strategy. Read more.
| SmartQuote | | | |  | The great majority of mankind are satisfied with appearances, as though they were realities, and are often even more influenced by the things that seem than by those that are."
--Niccolo Machiavelli,
Italian philosopher, humanist and writer  |
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