  | 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. |
 - Consumer group questions UK supermarkets' "half-price" offers
The consumer group Which? is raising questions about British supermarkets' "half-price" offers, saying they are misleading shoppers. Tesco, J Sainsbury and other chains have led consumers to believe they are getting great deals with their offers, but the discounts aren't as great as most might think, according to Which?. The Telegraph (London) (18 Oct.)       | Ready for the retirement boom? Free white paper. 76 million boomers are heading for retirement. Are they, or you, ready for what’s next? In a nationwide survey, HR directors said their organizations weren’t doing enough to help workers through this transition. For the full story, download our free white paper, Falling in the Home Stretch. |
 - L'Oreal takes on Procter & Gamble in China
L'Oreal China is planning to ramp up its expansion in China, entering hundreds of second-tier cities as part of its effort to surpass Procter & Gamble in the country's beauty and skin care sector. L'Oreal's sales in China have surged 17% since the beginning of the year. ChinaRetailNews.com (18 Oct.)  - Walmex reports 15% surge in third-quarter profit
Wal-Mart de Mexico posted $366 million in third-quarter profit, up 15% from the same period the previous year. "In Mexico, this quarter we had the highest sales growth of the year, both in comparable and total stores," said Walmex CEO Scot Rank. "In Central America, the third quarter represented a quarter of investment and business transformation, which will allow us to establish a strong foundation for sustained growth." The results exceeded the expectations of analysts who had predicted an 11% jump on average. Fox Business/Dow Jones Newswires (18 Oct.), The Washington Post/Bloomberg/The Associated Press (18 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 |
 - France's Vente-Privee to launch US website soon
Vente-Privee pioneered online flash sales, spurring a new retail model. Now, the French company has teamed up with American Express to launch a US site. Vente-Privee CEO Jacques-Antoine Granjon said the tie-up with American Express will provide access to an affluent base of card holders. Reuters (18 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. |
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 | Spotlight on Luxury Goods |  |  | | - Luxury retailers target once down-at-heel London's East End
London's West End shopping district tends to attract luxury retailers, but now some fashion houses and other upscale companies are finding a home in London's East End. Retailers are striving to take advantage of lower rents, an increasingly wealthy population and the neighborhood's edgy image. Reuters (19 Oct.) - LVMH offers public a glimpse behind the scenes
LVMH has given the public a peek into its design showrooms, wine cellars and workshops in an effort to "reveal the true nature of high quality." Hundreds of consumers got an inside look at the iconic luxury brands. Meanwhile, the company reported a 15% surge in third-quarter sales. Reuters (17 Oct.), The Guardian (London) (18 Oct.) | NRF News | | | | - Lessons learned: How to attract the new social, mobile, local shopper
The battle for the social, mobile and local shopper is heating up, and retailers must master these technologies or risk lost traffic and fierce competition from other brands. In an Oct. 20 STORES Knowledge series webinar, David Bruno, Director of Commerce Studies for RedPrairie, will share how these rapidly evolving technologies are changing consumers' daily lives as well as lessons learned from early adopters who have engaged the new savvy shopper. Learn more.
| SmartQuote | | | |  | Some men have thousands of reasons why they cannot do what they want to, when all they need is one reason why they can."
--Willis R. Whitney,
American chemist  |
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