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| Global retail industry news |  |
- Starbucks turns up the heat on foreign executives
The leaders of Starbucks in Canada and other international markets face stiff challenges including higher prices for ingredients and supply chain operations, making it tougher for the shops to match the success of the US-based coffee chain's domestic stores. The company is turning up the pressure with its earnings announcement this week, which will break out regional data and highlight the differences between markets. The Globe and Mail (Toronto) (25 Jan.)       | Top 5 HR Compliance Concerns for Small Business
Small and medium sized companies spend a lot of time focusing on core business issues, but they may overlook one of the most potentially serious and costly issues — regulatory compliance. How do you know what issues to look for in order to protect the company? Download this must-read paper that discusses the top 5 HR compliance issues. |
 - ASDA signs deal to expand George brand to the Middle East
ASDA has sealed a deal with a Lebanon-based firm to launch George-branded clothing stores in the Middle East. The UK-based supermarket arm of US retail giant Wal-Mart says the George brand accounts for about half of its general merchandise sales. Reuters (25 Jan.) - WH Smith sees cost-cutting measures pay off
Like-for-like sales at newsagent and bookseller WH Smith fell 5% in the most recent quarter, but profit margins improved as a result of ongoing measures to cut costs and focus on selling more profitable products, the company said. Reuters (25 Jan.) - Report looks to Welsh government to help high streets
High street merchants across the UK are struggling, but shops in Welsh towns have been hit particularly hard, according to a new report from the Welsh assembly's enterprise committee. The report calls for the government to help by easing planning regulations and business taxes and helping independent retailers compete with malls. The Guardian (London) (24 Jan.)  | What if there was a gold mine of data that was going untapped by your data decision-making programs? Today, the role of video can extend far beyond security. Data gathered from video surveillance can now help decision makers actually grow a business rather than just protect it. Download this free white paper and learn how video analytics can translate to competitive advantage. |
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 | E-commerce Spotlight |  |  | | - Karl Lagerfeld partners with Net-a-Porter for online exclusive
Designer Karl Lagerfeld has teamed with UK-based flash-sale fashion site Net-a-Porter to launch an online-only collection. Net-a-Porter has a one-month exclusivity deal before the line, which is being marketed as "accessible," becomes available on Lagerfeld-branded sites. BBC (25 Jan.) - House of Fraser gets social to attract younger shoppers
House of Fraser has launched a social media push to convince students to try out its online shopping site and visit its stores, many of which are located near UK universities. Facebook users who "like" the brand will get 10% off vouchers as part of the promotion, which aims to attract more younger and first-time shoppers. Brand Republic (U.K.) (25 Jan.) | Spotlight on Consumer Electronics | |  | | |  | - Russia's Technosila seeks a buyer
Russian consumer electronics retailer Technosila is reportedly looking for a buyer who is willing to pay $200 million to acquire all 100 of the stores. The chain is operated by companies owned by businessman Mikhail Kokorich. RIA Novosti (Russia) (25 Jan.) - GameStop to close stores in Northern Ireland, Portugal
US-based games retailer GameStop said this week it will close brick-and-mortar stores in Northern Ireland and Portugal as part of an ongoing transformation to digital retail in underperforming markets in Europe. The chain has also opened 25 new stores in better-performing markets including Italy and France in recent months. GameDaily BIZ (25 Jan.)  | 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! |
 | NRF News | | | | - How to predict your shoppers' future buying habits
Despite the flow of rich new behavioral data, most e-commerce firms are still relying on methods that were developed many decades ago -- if they're engaging in any customer analytics activities at all. In a Jan. 31 Shop.org webinar, Peter Fader, co-director of the Wharton Customer Analytics Initiative, will present highlights of recent findings from the initiative, tips for predicting customers' future behavior using past behavioral data alone, and specific case studies on proven behavioral models. Learn more.
| SmartQuote | | | |  | A committee is a group of the unprepared, appointed by the unwilling to do the unnecessary."
--Fred Allen,
American comedian  |
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