  | Global retail industry news |  |
- India's retailers to push for new non-food FDI rules
Retailers in India haven't given up on convincing the government to relax rules on investments by foreign retailers, but a renewed push will focus on non-food categories including apparel, consumer electronics and home furnishings. A pitch that doesn't affect local farmers isn't likely to be politically contentious, says Kishore Biyani, founder of Future Group, India's largest retailer. The Wall Street Journal/Deal Journal India blog (09 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! |
 - Le Bon Marche plans Paris store expansion
Le Bon Marche will reportedly embark on a revamp of its Paris department store next year that will add 43,000 square feet of new space. The five-year renovation plan will include the addition of a wine bar and wine cellar adjacent to the men's department and is designed to forge better connections between the main store and its La Grande Epicerie de Paris food store, which sits across the street. Women's Wear Daily (subscription required) (08 Dec.) - Tesco boosts promotions to bring back UK shoppers
Sales at Tesco's UK stores fell 0.9% in the most recent quarter, as cash-strapped consumers spent less on non-food items as food and fuel bills rise. The chain will continue a discounting strategy launched in October that's designed to bring back shoppers who have shifted their business to lower-priced rivals. The Wall Street Journal (08 Dec.)  | 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. |
 - Burger King tests upscale concept in Singapore
Burger King is testing a more sophisticated look at its new Garden Grill in Singapore, betting that soft colors and comfy sofas combined with the chain's familiar menu will bring in more families and teens. The US chain has no plans to debut the concept at home but will add a few more stores in Singapore and Japan. The Business Insider (07 Dec.)  | Principles of Checkweighing - Building an Effective Program
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 - Chinese appliance retailers ramp up e-commerce efforts
Chinese appliance and consumer electronics retailers Suning Appliance Co. and GOME Electrical Appliances Holdings are working to boost their online retail offerings as the country's housing market slows. Online stores offer the chains a lower-cost way to sell to consumers across the vast country without having to invest in new brick-and-mortar stores. Reuters (08 Dec.) - eBay Canada sees Cyber Monday sales jump
Online shoppers in Canada bought 37% more items from eBay on Cyber Monday than they did on the same day last year, the company said Thursday. The Monday after Thanksgiving has become one of the biggest US online shopping days, and the trend is shifting northward as more consumers turn to online bargain hunting, the company said. The Sun (Baltimore)/Reuters (08 Dec.)  | 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! |
 - Banana Republic opens Paris flagship
Gap-owned brand Banana Republic opened its first store in Paris this week, a 16,000-square-foot, two-story shop on the corner of the Champs Elysées. The chain is the latest in a series of foreign retailers to open flagships in the district, including Abercrombie & Fitch, Tommy Hilfiger and UK-based Marks & Spencer, which opened its doors two weeks ago. The Wall Street Journal (08 Dec.) - US fashion chains cater to Chinese consumers
For the first time last year, San Francisco-based Levi Strauss debuted a new denim style in China before bringing it to the US, a sign of the growing importance of China and other Asian countries as fashion retailers look to the future. Gap is also tailoring its collections to Chinese tastes as it expands in Asia. Los Angeles Times (05 Dec.) - Italy's Piazza Sempione sees new niche in China
Upscale fashion retailer Piazza Sempione opened its first stores in China this year and plans to open 10 more in the next three years. The Italian company says it sees a niche among Chinese women, whose tastes are evolving from big-name luxury goods to high-end niche brands. Women's Wear Daily (subscription required) (05 Dec.)  | Your online payment processing just got easier. The new First Data Global Gateway e4℠ helps you easily accept card-not-present (CNP) payment transactions with a safe, secure and reliable payment gateway solution. With simple integrations, advanced processing capabilities, and intuitive user-interface, taking payments online has never been this easy. |
 | NRF News |  |  | | - ARTS welcomes Costco, Genesco, Starbucks, Wal-Mart among newest members
The Association of Retail Technology Standards, NRF's technology standards division, announced this week the addition of several prominent companies to its growing membership, including Costco, Genesco, Starbucks and Wal-Mart. ARTS Executive Director Richard Mader noted, "ARTS membership growth parallels the increasing business role of IT in retail, moving from records-keeping to driving the business through e-commerce, price optimization, CRM, business intelligence and a menu of other IT applications." Read more.
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