  | Global retail industry news |  |
- Morocco's mega mall depends on tourists
Developers spent four years and $260 million to build a two-story, 350-store mega mall about 20 minutes from downtown Casablanca that opened with great fanfare earlier this month. Morocco's high poverty rate means the mall will depend largely on spending by tourists from Europe and travelers from other parts of Africa for its success. SeacoastOnline (Portsmouth, N.H.)/The Associated Press (tiered subscription model) (28 Dec.)       | 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! |
 - Carrefour sells 97 store sites, signs 12-year leases
French food retailer Carrefour has sold 97 of its supermarket sites to an investment company in a deal valued at €365 million. Carrefour said it will use the cash to invest in other real estate developments and will continue to operate the stores on the sites it sold under 12-year lease agreements. The Wall Street Journal (27 Dec.)  | Making a big change starts with keeping a small promise.
Like us on Facebook to share your promise and view the promises of others. |
 - S. Korea's retailers brace for N. Korea's leadership change
South Korea's three largest department stores -- Lotte, Shinsegae and Hyundai -- already saw sales decline 1.1% last month amid signs that consumers are having trouble making their debt payments. Now, they're waiting to see whether the death of North Korean leader Kim Jong-il further dampens spending. Women's Wear Daily (subscription required) (27 Dec.)  | Are you ready for what’s next in your career? At Booz Allen Hamilton, our work and our people matter. We’re hiring professionals with great minds and a passion for making a difference in our firm, in our communities, and for our nation. Learn more about career opportunities with Booz Allen, a leading strategy and technology consulting firm. |
 - Mexico's apparel makers seek anti-piracy deals
The trade association that represents Mexico's apparel industry has made a direct appeal to its counterpart in China in an effort to seal a deal to stem the tide of cheap imports and counterfeit goods into Mexico. The association, Canaive, hopes to make similar agreements with five other regional groups next year. Women's Wear Daily (subscription required) (27 Dec.)  | Enterprise Resource Planning automates many aspects of an organization's operations, cascading across traditional boundaries of operations, finance, manufacturing and more. As such, changes in the ERP market can cause a ripple effect in your business. Get ahead of the changing tide and trends by downloading this free whitepaper. |
 - Australia's retailers find their way online
Australia's brick-and-mortar retailers have attributed some of the season's slower sales to competition by online merchants, but most of the chains have finally begun to make inroads into online retail this year, industry watchers say. "I believe the David Jones, the Myers, the Harvey Normans, just to name a few, can compete in the e-commerce space," said Andre Sammartino, international business senior lecturer at the University of Melbourne. The Sydney Morning Herald (Australia) (26 Dec.)  | Gain Deeper Insight into the Hyperconnected World
To accelerate your online business and stay ahead of the competition, you need insight into the latest security, connectivity and mobile trends. Click here to join Akamai, as we discuss the findings from the latest State of the Internet Report and its impact on the online industry. |
 | Technology Solutions |  |  | | - UK shoppers come armed with mobile gadgets
Retailers in the UK reported a significant rise in the number of shoppers using mobile devices to scan codes, compare prices and shop online while on the go this season. "Customers' behaviours have changed. The transaction volume we've had in the last few days has surprised all of us," said Jonathon Brown, head of online selling for John Lewis. The Guardian (London) (27 Dec.)  | Spotlight on Luxury Goods | | | | - Bangkok readies for luxury retail boom
Developers in Bangkok plan to add more than 3 million square feet of luxury retail space in the next two years, and the city has been replacing crumbling old buildings with high-rise hotels and shopping centers aimed at attracting big-spending tourists. "Thai retailers want to attract more tourists and shoppers from Asia, those people who would visit Hong Kong and Singapore," one retail analyst said. Women's Wear Daily (subscription required) (27 Dec.) - UK's high-end retailers cater to Chinese tourists
Harrods, Selfridges and other upscale London stores boast signs saying they accept UnionPay, China's most popular bank card, and Harrods employs about 70 Chinese-speaking staffers to cater to the growing group of Chinese tourists. The number of Chinese nationals visiting Britain is small but growing fast, and Chinese tourists hungry for luxury goods boosted their spending at UK shops by 57% last year. The Guardian (London) (27 Dec.) - Luxury retail is on the rise in Latin America
Luxury retail sales in Brazil, Mexico and Argentina are expected to book double-digit increases this year, and the three countries will account for about $5 billion in luxury sales, says Bain & Co. consultant Danielle Zito. Panama, Chile, Colombia and Peru are seeing similar increases as booming economies in the region boost consumer demand for high-end goods. Women's Wear Daily (subscription required) (27 Dec.) | NRF News | | | | - 5 key guidelines for winning the social shopper
Executives from Saks Fifth Avenue and Arc Worldwide will gather at Retail's BIG Show, Jan. 15 to 18 in New York City, to discuss the keys to building a more powerful path to purchase with social media marketing tools. Hear the latest insights on the social shopper and results from a battery of quantitative and qualitative research. Learn more.
| SmartQuote | | | |  | Human beings have an inalienable right to invent themselves; when that right is pre-empted it is called brain-washing."
--Germaine Greer,
Australian writer and feminist  |
| | This SmartBrief was created for cpgbrokers.data@blogger.com
|
No comments:
Post a Comment
Please comment thoughtfully CPG Brokers, your best resource to optimize your in store self exposure and maximize sku distribution.