  | Global retail industry news |  |
- Report: N. America's retailers lose more to staff than shoplifters
Employees are responsible for 44.1% of retail shrink in North America, while shoplifting and organized retail crime accounts for 43.2% of the total, according to the Centre for Retail Researching's Global Retail Theft Barometer. Retailers worldwide spent $28.3 billion on loss prevention and security last year, up 5.6% from 2010, the report found. STORES magazine (05 Jan.)       | 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. |
  | 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! |
 - Boosting domestic consumption is China's priority
The Chinese government will make increasing domestic consumption a top priority this year, the country's commerce minister said Thursday. The government will announce initiatives aimed at boosting consumer spending and expand a 6-year-old marketing project designed to encourage urban supermarkets and chain stores to open shops in the country's rural villages. China Daily (Beijing) (06 Jan.) - Uniqlo books hot December as weather cools
Uniqlo reported a 14.2% rise in same-store sales at its stores in Japan last month, as colder weather sent shoppers in search of winter clothes. Department stores Isetan Mitsukoshi and Takashimaya reported flat sales for December, a traditionally busy month as consumers, many armed with year-end bonuses, prepare for New Year's celebrations. Women's Wear Daily (subscription required) (05 Jan.)  | 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. |
 - Smashburger plans to open first Latin American units
US-based fast-casual chain Smashburger announced a partnership with restaurateur Richard Eisenberg's QSR International to open 18 restaurants in Latin America, a new market for the chain. QSR expects to open the region's first Smashburger in Costa Rica this year. FastCasual.com (05 Jan.)  | 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. |
 - Online grocery sales boost revenue at Waitrose
Waitrose booked a record £200 million in sales during Christmas week, driven largely by a nearly 50% increase in online grocery sales, the company said. "We shipped 46,000 grocery orders in the Christmas week -- that compares favourably with the big players," said CEO Mark Price. The Telegraph (London) (05 Jan.)  | Principles of Checkweighing - Building an Effective Program
This essential guide is an invaluable resource of checkweighing information and a definitive reference providing an insight into all aspects of checkweighing from basic principles to implementation of a comprehensive program. Request your free copy now! |
 | Spotlight on Fashion |  |  | | - Barbara Bui expands online, plans new stores
French design house Barbara Bui will further expand its retail operations this year, adding an e-commerce site in partnership with Yoox Group and making plans for more brick-and-mortar stores. The company, which operates 17 stores, opened its US flagship on Rodeo Drive in Beverly Hills, Calif., last year and plans to add a few smaller mall locations in the US. Women's Wear Daily (subscription required) (05 Jan.) - European menswear merchants forge ahead
Global menswear sales rose 9% last year, and retailers expect high single-digit increases for the next few years, according to Bain & Co. The solid performance in uncertain economic times has retailers and designers increasing their focus on the category. "This is certainly not a positive moment for the fashion industry, but despite this period of crisis, we were able to carve out our own space," said Slowear CEO Mario Griariotto. Women's Wear Daily (subscription required) (04 Jan.) - Reiss says "Middleton effect" drove sales, profits
UK retailer Reiss boosted sales and doubled profits last year, increases driven largely by ongoing demand for the looks worn by Kate Middleton. The company re-released and quickly sold out of the white shift the Duchess of Cambridge wore for her engagement picture, and followed that with two other Reiss dresses Middleton wore for public appearances. Time.com (04 Jan.) | NRF News | | | | - How Internet Retailer 1000 companies handle shopping cart abandonment
With shopping cart abandonment rates rising, Listrak recently reviewed the check-out process and shopping cart remarketing tactics of the Internet Retailer Top 1000 retailers. In a recent addition to the Shop.org white paper library, Listrak identifies numerous opportunities for retailers to recover abandoned carts, including the number, timing, and content of follow-up messages, as well as how retailers can significantly improve the check-out process to mitigate cart abandonment in the first place. As a bonus, this paper includes a "look book" appendix that reviews cart recovery e-mails from 20 retailers. Download the white paper.
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