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 Global retail industry news |  | - Canada's Flaherty raises questions about retail prices
Canadian retail prices tend to be higher than they are in the U.S., but it remains unclear who is responsible for the inflated costs. Canadian Finance Minister Jim Flaherty has asked businesses to explain. "Canadians are rightly irritated when they see large price discrepancies on the exact same products being sold on different sides of the border," according to Flaherty. The Globe and Mail (Toronto) (07 Sep.)  | ERP & BI: When 1 + 1 = 3 For the majority of fast growing businesses today spreadsheets are still of vital importance. However, the tide is turning on spreadsheets. In this whitepaper, discover why more and more, fast growing businesses are turning to enterprise resource planning (ERP) and business intelligence (BI) solutions to provide the control and visibility they need. |
- Westfield expects London mall to enhance area
Westfield Group of Australia is expecting its mega-mall at the Olympic Park in London to enhance the social fabric of the deprived area. When it opens next week, the 1.9 million square-foot shopping mall will be the biggest of its kind in Europe. Reuters (08 Sep.)  | As eCommerce has grown to represent a significant percentage of retail sales and profits, merchants should consider payment strategies that can enhance their online services, open new markets and protect the bottom line. Download this free white paper to learn more. |
- Russia's Ozon.ru secures $100 million private investment
A consortium that includes Japan's Rakuten has made a $100 million investment in Ozon.ru, a major online retailer in Russia. Ozon.ru plans to use the funds to broaden its product range and ramp up distribution. Russia's Internet market is attracting increased attention from investors. "From an investor perspective, there's definitely a change," said Ozon.ru CEO Maelle Gavet. "The market is becoming more known, less scary." Reuters (08 Sep.) - Kobo seals deal to sell German e-reader on redcoon.de
Kobo will begin selling its German-language E-Reader Touch through online electronics retailer redcoon.de next month. The company, which launched its German e-bookstore in July, said the e-commerce site will offer its products in additional European countries later this year. PaidContent.org (07 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. |
  Spotlight on Consumer Electronics |  |  | | - Apple prepares to open first Hong Kong location
Apple is striving to capture increased demand from Asia by opening its first outlet in Hong Kong. Apple says that it is "only scratching the surface" in Hong Kong, China and Taiwan. Sales soared in the last quarter. Bloomberg (06 Sep.) NRF News |  |  | | - Sneak peek: 4 ways you can make more money next week
If you've attended the Shop.org Annual Summit before, you've heard of the perennial favorite session "40+ Things You Can Do To Make More Money Next Week." In advance of next week's 2011 event, Shop.org's Artemis Berry previews four tips from the speakers themselves: Ryan Urban of Bounce Exchange, Scot Wingo of ChannelAdvisor, Amy Africa of Eight by Eight and Michael Mothner of Wpromote. View the tips. SmartQuote |  |  | |  | Without leaps of imagination, or dreaming, we lose the excitement of possibilities. Dreaming, after all, is a form of planning." --Gloria Steinem, American journalist and women's rights advocate  | | | This SmartBrief was created for cpgbrokers.data@blogger.com |
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