  | Global retail industry news |  |
- Canada's electronics retailers optimistic about holidays
Canada's largest consumer electronics retailers are adding thousands of seasonal employees as they expect shoppers to splash out on tablet computers, smartphones and other gadgets. Future Shop said it plans to add 4,000 workers in Canada, while Best Buy Canada plans to beef up its workforce by about 2,000 positions. "The staff increases are about the same as last year and many will stay on as full-time employees," said Annalisa King, chief financial officer at Best Buy Canada and its sister company Future Shop. The Globe and Mail (Toronto)/The Canadian Press (03 Oct.)      - Shoppers Drug Mart names health care veteran as CEO
Shoppers Drug Mart has announced that Domenic Pilla, who has worked in health care and retail leadership roles, will lead the company, which has been without a permanent CEO most of this year. "A time of change is also a window of opportunity for the company to continue to lead the industry in providing innovative patient services, while driving organizational efficiencies and continued growth in the retail sector," Pilla said. Financial Post (Canada) (03 Oct.)  | Improve Holiday Sales Results with Tools from Akamai!
Now is the perfect time to ensure your website will hold up to the rush of holiday shoppers headed your way. With the challenges facing retailers this holiday shopping season, it's never to soon to focus. Download Akamai's Holiday Toolkit now! |
 - Northern Ireland retailers raise concerns about new levy
The Northern Ireland Retail Consortium is raising concerns about the Large Retailer Levy, saying it will hinder job creation and won't help small businesses that are struggling. "The new tax is flawed from start to finish," said Jane Bevis, director of the NIRC. "Not only does it unfairly punish one of the sectors best placed to create jobs and attract investment, the funds raised won't even reach their intended target." The Grocer (U.K.) (03 Oct.)  | Let Social Media Find Your Staff For You
Give your hiring managers fast, easy access to quality employees by pairing social media with automated recruitment solutions that use Web 2.0 functionality. Download the white paper Automating Social Recruiting for Better Hiring and see how 85 percent of best-in-class companies save money with automation. |
 - H&M to accelerate expansion of new brands in Asia
Hennes & Mauritz is betting that consumers in Asia, particularly China, will favor its higher-end brands, including COS and Monki. The Swedish clothing retailer is ramping up its expansion in the region. "We are seeing very healthy growth across the newer business," said Pernilla Wohlfahrt, head of H&M's Monki, COS and other brands. "All these brands have a great opportunity to grow." Bloomberg Businessweek (03 Oct.)  | 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. |
 - Souq.com evolves as Middle Eastern e-commerce market changes
Souq.com was originally billed as the "eBay of the Middle East," but the online retailer has been making changes to its business model as the region's e-commerce market evolves. At the beginning of 2011, Souq.com shifted its focus from auctions to fixed prices and is now planning to become a more traditional online retailer. "We are basically improving our logistical service," said Ronaldo Mouchawar, chief executive officer at Souq.com. "We are looking into having certain products at hand, the latest models." The National (Abu Dhabi, United Arab Emirates) (04 Oct.) - Mobile drives 10% of traffic to online retail sites, study shows
A new study indicates that online retailers should ensure that their e-commerce sites are mobile compatible, as mobile drives about 10% of traffic to such sites. "Retailers need to start paying a lot more attention to the mobile experience, starting with e-mail," said Tim Leighton-Boyce, e-commerce analyst at CX Focus. "For example, e-mails read on mobile devices for one business have increased from 4% to nearly 20% in the last two years. One of the first things to do is to make sure e-mails are tracked and analysed." InternetRetailing.net (03 Oct.)  | Power your connections and turn fans and into real connections when you run technology powered by Buddy Media. Now learn how to drive results with your social posting. Download Buddy Media's free guide for Successful Retail Social Posting |
 - Sainsbury's to launch petrol promotion
Sainsbury's, the third-biggest grocer in the UK, is striving to battle difficult trading conditions by rolling out a price promotion on fuel. "Household budgets are stretched at the moment and there is no doubt that high fuel bills are playing a part in this," said Mike Coupe, group commercial director at Sainsbury's. Tesco and Sainsbury's are both poised to report sales this week. The Independent (London) (04 Oct.)  | NRF News |  |  | | - Fast retail: Adapting to today's empowered customer
Many retailers find it difficult to truly align their plans to meet customer needs. In an Oct. 6 STORES Knowledge Series webinar, executives from JDA Software and Accenture will share how two major retailers are re-engineering their organizations to better meet those demands, as well as insights on delivering "speed-to-customer" through integrated planning and execution and the key components necessary to build a truly integrated planning capability. Learn more.
| SmartQuote | | | |  | Procrastination is opportunity's assassin."
--Victor Kiam,
American businessman  |
| | This SmartBrief was created for cpgbrokers.data@blogger.com
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