  | Global retail industry news |  |
- Entertainment retailer HMV may sell only profitable unit
UK-based HMV Group, which has already sold its Canadian division and the Waterstone's bookstore chain, may sell its HMV Live business unit in an effort to cut debt and shore up finances, the company said Monday. HMV Live, the company's concert and live-event arm, is the entertainment retailer's only profitable business unit. The Wall Street Journal (19 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! |
 - Li & Fung Retailing makes $340 million bid for Hang Ten
Li & Fung Retailing, which operates more than 100 Toys R Us stores in Asia, has made a buyout offer for Hong Kong-based clothing retailer Hang Ten. The division of closely held Li & Fung Group bid $340 million for the chain, as part of a push to boost its presence in several Asian markets including Taiwan, South Korea and Southeast Asia, the company said. Bloomberg Businessweek (20 Dec.) - Rupee's drop fails to spur higher India exports
Western retailers have cut orders from India's garment factories for the upcoming spring season, despite a 16% drop in the rupee that would make US dollars go further. Retailers facing ongoing economic uncertainty in the US and Europe are slowing orders because of worries that demand will drop after the holidays, according to India's apparel industry trade group. The Economic Times (India) (20 Dec.)  | Your job as an Exchange administrator isn't easy. You have to respond to lost messages, handle email discovery requirements, and keep everything up and running. Is there an easy way to manage your Exchange environment — and do it under budget? Learn about the challenges faced by three real organizations, and how using the right solution brought them peace of mind. |
 - Report: Christmas Day shopping to rise 12% in the UK
UK consumers are expected to spend about £186.4 million shopping online on Christmas Day, a 12% increase over last year, driven by demand for content to load on MP3 players, e-readers and other gadgets they've received as gifts, according to a report from IMRG. Online spending on Boxing Day is forecast to hit £367.8 million, double what consumers spent on the same day last year. MarketingMagazine.co.uk (U.K.) (19 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. |
 - Brick-and-mortar stores win with mobile apps
Mobile applications, including one from Calgary, Alberta-based Poynt, are rapidly growing more popular among consumers, who are finding them useful for more than just looking up store addresses and phone numbers. Retailers hope the trend drives traffic to brick-and-mortar stores as well as boosting mobile sales. The Globe and Mail (Toronto) (20 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. |
 - Sobeys to acquire 250 Shell stations
Sobeys, Canada's second-largest supermarket chain, will acquire 250 Shell gas stations in Quebec and Atlantic Canada for an undisclosed amount. The gas stores will continue to operate under the Shell banner, says Sobeys, which operates namesake and IGA stores in Quebec. The Gazette (Montreal) (tiered subscription model) (16 Dec.) - Celebrities fight Fortnum over fois gras
Celebrities including Roger Moore, Joanna Lumley and Ricky Gervais have joined animal rights activists in a fight to convince upscale food emporium Fortnum & Mason to stop selling fois gras, which is controversial because of the way it's produced. In recent years, chains including Waitrose, Selfridges, Sainsbury's and Harvey Nichols have removed fois gras from shelves. The Observer (London) (17 Dec.)  | Retailers use video surveillance as a valuable tool to combat shrinkage, which can account for more than 2% of retail sales for some U.S. organizations. Shrink is up 6.6% in 2011 over 2010. This 6-page whitepaper from 3VR gives real examples on how retailers are increasing sales with video surveillance & analytics. Download it free today. |
 | NRF News |  |  | | - When US retailers will report monthly sales in 2012
NRF's 4-5-4 calendar serves as a voluntary guide for the retail industry and ensures sales comparability between years by dividing the year into months based on a 4 weeks/5 weeks/4 weeks format. The 4-5-4 calendar also establishes sales release dates, which have historically been on the first Thursday following the month's end. NRF has released calendars for 2012, 2013 and 2014. View the calendars.
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