| Global retail industry news |  |
- Questions arise about space in Europe for retailers
CB Richard Ellis research shows that 1.9 million square metres of new space in European shopping centres was built in 2010. That represents a 36% drop from 2009, which was down 30% from the previous year. Analysts are split over whether there is enough retail space to satisfy demand, particularly as US retailers aim to expand past their domestic market. "A shortage of new shopping centers being built in Europe restricted the expansion plans of retailers in 2010," according to CBRE. The Wall Street Journal (tiered subscription model) (13 Jul.)      - South Africa's Massmart aims to take over Fruitspot
Massmart, the South African retail chain that is controlled by Wal-Mart, is interested in acquiring The Fruitspot, a fruit and vegetable supplier. "We have submitted an application to the Competition Commission in relation to a 100% acquisition of The Fruitspot," said Massmart spokesman Brian Leroni. "The acquisition is consistent with our strategy to grow Massmart's fresh fruit and vegetables proposition to customers." Reuters (12 Jul.)  | Beyond Mobile Ads: 3 Tips for Your Mobile Marketing Strategy
Learn how to use every mobile opportunity to your advantage.
This report shows you how to:
• Optimize your website for mobile devices
• Take advantage of mobile context
• Create richer mobile experiences by adding video and interactivity |
 - Kobo to start offering e-books in Germany
Kobo's online e-book store in Germany will offer about 80,000 titles with the Kobo e-reader sold at a large consumer electronics retailer, according to CEO Michael Serbinis. Toronto-based Kobo, which is owned by Indigo Books & Music and Borders Group, will then start offering local-language e-books in France, Italy, Spain and the Netherlands. Bloomberg (13 Jul.) - Carrefour expects first-half profit to be down 23%
Carrefour, the France-based retailing giant, said it expects first-half operating income to be roughly €760 million, a 23% drop which the company is largely attributing to its domestic market. Carrefour said it is working on a plan to bolster sales to meet full-year goals. "Carrefour is devising and implementing an action plan with the objective of attaining the group's 2011 target of a progression in sales and current operating income," said CEO Lars Olofsson. CNBC/Reuters (13 Jul.)  - Fast Retailing bolsters expansion plan for Taiwan
Japan's Fast Retailing is striving to become the top fashion brand in the world over the next decade. The company is planning to open up to 100 outlets in Taiwan as part of that effort. The company's first Uniqlo store opened in Taiwan in October and has proved hugely successful, prompting the company to add to its expansion plan. The Taipei Times (Taiwan) (13 Jul.) - Lotte plans to add 4 department stores in Indonesia
South Korea's Lotte Department Store is planning to bolster its presence in Indonesia by opening four department stores outside Jakarta. The retailer is aiming to capitalise on Indonesia's expanding economy, according to a senior executive. "With a population of more than 200 million and high economic growth, Indonesia is a large retail market," said Suh Chang-suk, president of Lotte Department Store Indonesia. The Jakarta Post (Indonesia) (13 Jul.)  | 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. |
 | Retail in Latin America |  |  | |  | E-commerce Spotlight | | | | | Technology Solutions | | | | - Shoppers worldwide embrace mobile commerce, study finds
Up to 91% of British consumers have used a mobile device to research or purchase a product, according to the Global Consumer Survey from MEF. In Brazil, that figure is 79%. "This global research clearly demonstrates that consumers across the world are embracing mobile as a key access point for their content and commerce needs," said Andrew Bud, global chairman at MEF. "It also illustrates that mobile is an essential platform for companies wishing to drive consumer engagement and monetise their goods, services and digital products." InternetRetailing.net (12 Jul.) | Spotlight on Luxury Goods | | | | - Poles buy luxury goods as economy remains strong
Poland's economy has continued to grow over the past several years even as many other nations around the world have been struggling. The situation has prompted the country's consumers to buy a range of luxury goods, including watches, fashion and cars. However, there are no guarantees that the strong growth in Poland's luxury market will continue. Warsaw Business Journal (Poland) (12 Jul.) | NRF News | | | | - How offering free Wi-Fi can catapult your sales
With smartphone use growing among consumers, more retailers are offering free Wi-Fi in stores and restaurants. On July 14 at 1 p.m. ET, join a STORES Knowledge Series webinar to hear Retail Systems Research's Paula Rosenblum discuss RSR's research on how wireless can build brand awareness and support a variety of retailer initiatives. Learn more.
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--Booth Tarkington,
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