  | Global retail industry news |  |
| Global Industry Watch |  |  | | - New Zealand's Kathmandu expects rise in annual earnings
Kathmandu, the adventure wear retailer based in New Zealand, said new store openings likely will help boost its annual earnings. "Our key strategies of new-store rollout, upgrading of existing stores and ongoing growth in our product range have all delivered increased sales," said CEO Peter Halkett. "We also have to acknowledge that autumn and winter weather was overall positive for us, and we also believe the strong Australian dollar and New Zealand dollar has encouraged growth in travel overseas, which has a flow [of] benefit for us." The Sydney Morning Herald (Australia)/Australian Associated Press (02 Aug.)       | The Business Platinum Card® from American Express OPEN
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  - Coop Norway pulls games and toy brands after attacks
Coop Norway, one of the largest retailers in the country, announced that it is pulling dozens of violent video games, including the "Call of Duty" series and "World of Warcraft", as well as some toy brands following the recent shootings in Oslo and Utoya. "The decision to remove the games was made around the time we realised the scope of the attack. Others are better suited than us to point to the negative effects of games like these," said Geir Inge Stokke, retail director at Coop Norway. Anders Behring Brejvik, the man accused of the killing spree, has admitted in his manifesto to playing such games. International Business Times (02 Aug.) - Poundland plans to open 6 stores in Ireland
Poundland, the UK value retailer, plans to use the brand name Dealz as it enters the Irish market. The company will create 180 jobs as it opens six outlets by the end of March. The move is Poundland's first outside the UK. Jim McCarthy, chief executive officer at Poundland, said as many as 50 stores could be launched in Ireland. "That is the potential," McCarthy said. "We are really looking forward to getting started in the Republic." The Irish Times (Dublin) (02 Aug.) - Aeropostale plans to launch in Britain
Aeropostale, which has more than 900 stores in the US, plans to enter the UK next year, likely debuting in London. The fashion retailer would be following in the footsteps of others, including Urban Outfitters and Gap, which have recently opened locations in Britain. American Eagle is also said to be looking into the UK market. The Independent (London) (01 Aug.) - Metro reports quarterly profit of €40 million
Germany's Metro missed analysts' estimates with its second-quarter profit of €40 million, down from the same period the previous year. The retailing giant plans to cut costs at Media-Saturn. "They are going in the right direction. The question is how the measures are implemented and how customers accept them," said Peter Steiner, an analyst at BHF-Bank. Bloomberg (02 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 |
 - Chinese retailers pirate entire brand experience
In China, 11 Furniture is a home furnishings retailer that emulates Ikea in many ways, down to the miniature pencils and blue and yellow colour scheme. The store reflects a new piracy wave that has swept through China. Rather than selling fake luxury handbags, sophisticated counterfeiters are essentially knocking off the entire brand experience. Reuters (01 Aug.) - Analysis: Chinese consumers often prefer Western fast food
Many consumers in China prefer Western fast-food brands because they believe the restaurants don't recycle oil, put cardboard in batter or use tainted or outdated ingredients. A survey of thousands of consumers indicates that China's food supply chain faces serious challenges and needs to be improved. CNBC/Guest Blog (01 Aug.)  | Learn about the top insurance risks manufacturers face today with Zurich's Virtual Consulting tool. Sign up for FREE access today! |
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 | Technology Solutions | | | | - Tesco to expand virtual shopping
Home Plus, the Korean arm of Tesco, recently transformed a subway station into a "virtual supermarket," where consumers were invited to scan the QR codes of products on posters pasted to the platform walls. The products were then delivered to the shoppers' homes. Tesco is poised to expand the virtual stores to the UK. InternationalSupermarketNews.com (U.K.) (01 Aug.) | Spotlight on Grocery | | | | - Beijing orders supermarkets to install high-quality cameras
The Beijing Municipal Public Security Bureau has ordered major supermarkets and large shops to install high-quality cameras that can clearly photograph customers' faces. "Currently, the monitors can only shoot the shape of customers' faces and bodies in most shopping centers and supermarkets across the capital, and this creates difficulties for police in investigating theft and poisoning cases," said Yang Wei, a public security officer. China Daily (Beijing) (02 Aug.) | NRF News | | | | - Dress Barn, hhgregg, Netflix among fastest growing retailers in US
A fresh batch of retailers is benefiting from precise market segmentation, innovative solutions and good old-fashioned popularity among consumers. According to the STORES Hot 100 Retailers list, published in the August issue of STORES Magazine, the fastest-growing retailers in the US are thinking outside the box -- and seeing big rewards. Read more.
| SmartQuote | | | |  | Travel and society polish one, but a rolling stone gathers no moss, and a little moss is a good thing on a man."
--John Burroughs,
American naturalist and essayist  |
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