  | Global retail industry news |  |
- Retailers reveal lists of hot toys for Christmas
Toys R Us has revealed its list of what it expects to be the hottest toys this holiday season. The list includes Air Swimmers eXtreme from Animal Planet, Cabbage Patch Kids dolls and Let's Rock Elmo. Littlewoods recently released a similar list, which included the Vtech Tablet. Meanwhile, Hamleys expects high-tech gadgets to be in demand. The Independent (London)/Relaxnews (22 Sep.)      - Express makes cautious entry into Canada, CEO says
Express President and CEO Michael Weiss said that the U.S.-based apparel chain carefully considered how it would price its wares in Canada before opening its first store in the country. "We looked at this very carefully," he said. Weiss' comments come as Canadian consumers complain about the prices at other foreign retail chains. Weiss noted that certain market conditions in Canada make it necessary to charge higher prices. Financial Post (Canada) (22 Sep.) - Ikea store in Australia sets up playroom for men
An Ikea store in suburban Sydney has set up Manland, a temporary playroom for men that features hot dogs, games and televised sports. Manland has drawn laughs, criticisms and interest from around the world. "Ikea is probably the only retailer on the planet that could get away with it," according to retail consultant Joanne Thomas Yaccato, president of the Yaccato Group. "They have the most amazing, quirky, irreverent sense of humour in a corporation." The Toronto Star (22 Sep.)  - Jeronimo Martins considers entering third country
Jeronimo Martins, one of the largest retailers in Portugal and the largest discount grocer in Poland, is considering whether to enter another country. "There is a strong will to enter a third market," said Luis Palha, chairman of Jeronimo Martins. "Whether this will happen by the end of the year, it's too early to say." Bloomberg (22 Sep.)  | Logistics is much more than the movement of goods and services. It's also your pre-game strategy. Before you step on the court, you need the right players running the right plays at the right time. Learn more about those key plays in this free whitepaper from UPS and get in the game of logistics. |
 - Aditya Birla CEO in no hurry to partner with foreign firm
Thomas Varghese, CEO at Aditya Birla retail, said that he's not in any rush to link up with a foreign partner, although he supports the move to allow foreign direct investment in India's multi-brand retail sector. "No we are not looking at roping in a foreign partner immediately. However, capital is the need of the hour for expansion and domestic funds are not readily available. Funding is going to be crucial for the business," Varghese said. The Hindu Business Line (India) (22 Sep.)  - PriceSmart enters South America with store in Colombia
PriceSmart, a warehouse-style retailer, has outlets in the Caribbean and Central America and is now entering South America with a store in Barranquilla, Colombia. The company is already planning a second store in the country. "Colombia offers them the capacity to potentially double their store footprint," said Greg Garner, an analyst at Singular Research. "It's a tough market, and that's why it's so important for them to get it right." Investor's Business Daily (22 Sep.)  | 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. |
  - Transaction reportedly values Alibaba at $32 billion
Silver Lake and DST Global are investing up to $1.6 billion in Alibaba Group Holding of China in a deal that values the e-commerce giant at $32 billion, sources said. DST and Silver Lake will purchase Alibaba shares from its employees. Bloomberg (22 Sep.)  | What's a good health plan for small businesses? There are a number of factors to consider to find a good fit, and making a decision is filled with trade-offs and compromise to balance your cost and the benefits you get for your employees. Download this complimentary whitepaper to begin the evaluation process now! |
 | Spotlight on Fashion |  |  | | - Italy's Ferragamo launches jewelery collection
Salvatore Ferragamo, the Italian luxury goods maker, is tapping into economic uncertainty by launch a jewelery collection. The company is catering to wealthy consumers who see precious metals and jewels as a sort of safe investment. "I think this (collection) will be successful, especially among Chinese clients," said CEO Michele Norsa. Reuters (22 Sep.) | NRF News | | | | - Which cloud is the right one?
Cloud computing can lower costs and offers flexible bandwidth, but determining which services are right for your company can be a challenge. In an upcoming ARTS Users' Conference workshop session, attendees will evaluate the full range of cloud capabilities and learn how to select the right services for their needs. The workshop, held Sept. 25 in Orlando, is a precursor to the ARTS Users' Conference and is open to both retailers and solution providers. Learn more.
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