 Global retail industry news |  |  | What if there was a gold mine of data that was going untapped by your data decision-making programs? Today, the role of video can extend far beyond security. Data gathered from video surveillance can now help decision makers actually grow a business rather than just protect it. Download this free white paper and learn how video analytics can translate to competitive advantage. |
- Mercator owners receive 4 non-binding offers
Three financial investors and one strategic investor have made non-binding bids for a 52.10% holding in Mercator, the largest food retailer in Slovenia, according to one of the current owners, Nova Ljubljanska Banka. "ING Bank N.V., London, will in the name of the consortium of the owners continue talks with all bidders in the coming days following which it will take a decision on further action," NLB said. Reuters (19 Oct.)  | Consumer Insights Your Brand Needs to Know: Latest Trends in Behavioral Advertising Learn what brand managers, advertisers, as well as networks, agencies, and publishers need to know about consumer survey insights into behavioral ad serving, also known as interest-based advertising. Learn more today! |
- Indian retailers rein in inventory and offer fewer discounts
Shoppers Stop, Bata and other multi-product retailers in India have cut back on the average time goods stay on their shelves before being sold. Indian retailers have also dropped major discounts as they are no longer attracting consumers. "The pull of discounts models was already waning. Excise duty imposition only gave impetus to it," said Babar Naqvi, CEO of Cotton County Retail. The Economic Times (India) (19 Oct.)  | Tokenization is more than a security measure and more than a cost savings technique. It can be used to build your business. This white paper discusses the ways tokens can be used in back-end business operations to develop powerful marketing programs. |
- Shop Direct says 2012 will be "brutal"
Shop Direct, the largest online and catalogue retailer in Britain, reported a 5.5% jump in sales in the year to April 2011. However, the owner of the Littlewoods shopping operation has warned that 2012 will be "brutal." Shop Direct CEO Mark Newton-Jones said that trading has become erratic. "I've been in retailing for 25 years and I have never known it so volatile. It is up one week and then down the next." The Telegraph (London) (19 Oct.) - Alibaba has the funds to buy Yahoo!, CEO says
Alibaba has amassed the $20 billion in cash it would need to acquire Yahoo!, CEO Jack Ma said. Six years ago, the Chinese Internet company turned to the Silicon Valley powerhouse for a $1 billion investment to fend off eBay. The companies are in talks, Ma said, but a potential acquisition is likely to meet with strict scrutiny and possible opposition from regulators in Washington. San Jose Mercury News (Calif.) (free registration) (17 Oct.)  | 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. |
 Spotlight on Consumer Electronics |  |  | | | | - Apple says China is its second-largest market after US
China accounted for 16% of Apple Inc.'s quarterly sales, according to CEO Tim Cook. China has emerged as the company's second largest market. In the past few years, Apple has launched an online store in China as well as several retail outlets. "I've never seen a country with as many people rising into the middle class that aspire to buy products that Apple makes," Cook said. "So I think China, the sky's the limit there." Bloomberg (19 Oct.)  NRF News |  |  | | - Survey finds shoppers plan plenty of self-gifting this holiday season
While shoppers plan to shell out an average of $700 on holiday gifts and merchandise this year, a recent NRF survey conducted by BIGresearch has found that holiday shoppers will also spend $130 this holiday season on non-gift purchases -- the highest amount in survey history. The survey also evaluated where consumers intend to shop this holiday season, when they'll begin holiday shopping and how they'll use their smartphones and tablets this year to research and purchase gifts. Read more. SmartQuote |  |  | |  | A leader has the right to be beaten, but never the right to be surprised." --Napoleon Bonaparte, French military and political leader  | | | This SmartBrief was created for cpgbrokers.data@blogger.com |
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