  | Global retail industry news |  |
- Westfield Group posts increase in half-year profit
The Westfield Group said its half-year results were lifted by an improved performance by its UK operations. "Our operating performance during the half year was particularly pleasing, notwithstanding the current environment, with income growth and comparable specialty sales growth in each of our regions," said Steven Lowy of Westfield. Inside Retailing Online (17 Aug.)       | Kickstart your business’ marketing with FedEx Office! Save big on posters, postcards and brochures, with up to 40% off on select print products. Go to FedEx Office to take advantage of the Look Good On Paper Print Sale to get discounts on all your business printing needs. |
  | Retail in Europe |  |  | | - UK retail sales increased 0.2% in July
Retail sales in Britain missed analysts' expectations, but posted a rise from June to July, according to the Office for National Statistics. Economists are expecting the retail environment in the UK to remain challenging. Bloomberg (18 Aug.)  | The Business Platinum Card® from American Express OPEN
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  - International retailers revive plans to enter India
South Korea's Lotte, Australia's Myer, Thailand's Central Group and other international retailers consider India a priority market for expansion, and many are reviving previous plans to enter the country. However, while the Indian market is extremely attractive, some retailers are still waiting for the country to open the multi-brand retail sector to foreign direct investment. The Times of India/TNN (18 Aug.) - Japan's Asahi to acquire New Zealand's Independent Liquor
Asahi Group Holdings of Japan is planning to expand abroad with the acquisition of Independent Liquor, a beverage maker based in New Zealand, in a NZ$1.53 billion deal. "We can expect stable growth from Oceania, even though it may not be as big as China," said Asahi President Naoki Izumiya. "Our next challenge will be to build up our network in Asia." Bloomberg (18 Aug.)  - Carrefour not interested in selling Brazilian unit, CEO says
Lars Olofsson, chief executive officer at Carrefour, said the French retailing giant's Brazilian unit is not for sale, according to a report in a Brazilian newspaper. "Carrefour in Brazil is not for sale and there is no negotiation with Wal-Mart Stores Inc.," Olofsson said. Wal-Mart was recently reported to have been in negotiations to acquire the division. MarketWatch (17 Aug.)  | Privacy & Online Behavioral Advertising: What's Next?
Join a thought-provoking discussion with the FTC, Forbes.com, DAA, and TRUSTe focusing on how pieces of the privacy puzzle — self-regulation, browser features, Do Not Track, legislation and enforcement — fit together and their implications. A must-attend event for advertisers and compliance leads. Learn more |
 | E-commerce Spotlight | | | | | Spotlight on Consumer Electronics | | | | - China's Huawei plans to launch smartphones in UK
Huawei, the Chinese mobile telecommunication firm, is ramping up its efforts in the UK by preparing to launch discount smartphone sales. However, the company faces various challenges, including convincing politicians that its devices can't be used to launch cyber attacks or spy. The Telegraph (London) (15 Aug.) | NRF News | | | | - Pizza Hut CIO shares the secret sauce in the company's iPhone app
Who would have thought ten years ago that you'd be able to order a pizza over the phone ... without talking to anyone. In a recent keynote at NRFtech '11, Pizza Hut CIO Baron Concors shares how the company was ahead of the game in 2009 with development of an app, the early-adopter risks associated with launching such technology, and what keeps its more than 5 million app customers coming back for more. Read more.
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