  | Global retail industry news |  |
- Harvey Norman mulls setting up offshore online presence
Gerry Harvey, head of Harvey Norman, said the company is looking into the idea of establishing an online retail channel outside of Australia in an effort to avoid the GST. "Of course I'm being pressured to do it," Harvey said. "I've got a whole heap of people who work at Harvey Norman who are telling me I'm mad for not doing it." The Australian (08 Nov.)       | 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! |
 - H&M prepares to roll out Versace apparel and accessories
Hennes & Mauritz is poised to start selling floor-length gowns, fluorescent micro-minis and other apparel and accessories designed by Gianni Versace. The Versace for H&M line will provide "global visibility" for the Italian fashion label, which is aiming for $700 million in sales by 2014, according to CEO Gian Giacomo Ferraris. Bloomberg (08 Nov.) - Blue Capital owns 16% stake in Carrefour
Blue Capital now owns more than 16% of the capital of Carrefour and more than 22% of the voting rights in the French retailer, according to the stock market regulator AMF. Blue Capital, the alliance between Bernard Arnault and Colony Capital, might acquire more shares in Carrefour depending on the market. However, the alliance does not plan to gain control of the retailer. Reuters (07 Nov.), Bloomberg Businessweek (07 Nov.)  | Key Steps Business Owners Should Know About Successful International Payments. This American Express® guide helps you streamline FX payments. Includes FX payment provider profile, how to simplify payments, and insightful FAQ. |
 - Fast Retailing maintains Uniqlo sales target in Japan, CEO says
Tadashi Yanai, chairman and chief executive officer at Fast Retailing, said that the company will maintain its sales target for Uniqlo in Japan despite getting off to a weak start to its fiscal year. "We tightened our product offerings too much and it backfired in the first-half of the season," Yanai said. "I think since there weren't any new products, especially at the start of the season, (customers) thought there wasn't really any reason to come to Uniqlo." Reuters (08 Nov.) - Aeon capitalizes on yen's rise to open more overseas stores
Seiichi Chiba, chief financial officer at Japanese retailer Aeon, said that the opportunity to expand is "too great" to pass up. The company is accelerating its expansion plans as the yen's increase bolsters its purchasing power. "One merit of a strong yen is that it has allowed us to accelerate our investments overseas and bring forward our store openings," Chiba said. Bloomberg Businessweek (08 Nov.)  | Let Social Media Find Your Staff For You
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  | 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 too soon to focus. Download Akamai's Holiday Toolkit now! |
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 | NRF News |  |  | | - Tablets in retail: 5 things you need to know
The buzz about tablets is certainly not dwindling as the holidays approach. And many retail brands are leveraging that buzz in-store and putting tablets in the hands of store associates to meet the increase of customer expectations. In a Nov. 10 STORES Knowledge Series webinar, executives from Retail Systems Research and Motorola Solutions will share 5 things you need to know about tablets to enhance your customers' in-store experience including application needs, security, and durability requirements. Learn more.
| SmartQuote | | | |  | But the delights of solitude don't only consist of dreaming. Next in enjoyment, I think, comes planning."
--Anna Neagle,
British actress  |
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