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| Global retail industry news |  |
- Lululemon founder resigns management posts
Lululemon Athletica founder Chip Wilson will resign as chief innovation and branding officer effective Jan. 29 but will retain his position as chairman of the board, the company said. Wilson founded the popular Vancouver-based yoga wear retailer with one store in 1998 and has since seen it grow into an international chain with 151 stores. The Globe and Mail (Toronto) (06 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. |
 - Morrisons may pick up vacant Best Buy stores
Wm Morrison Supermarkets may expand its Kiddicare line of products into 11 former Best Buy stores in the UK. The company is reportedly in advanced talks with owner Carphone Warehouse to acquire the stores, left vacant when Best Buy stopped operating in the UK earlier this month. International Business Times (08 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. |
 - Report: Retail sales in China rose 17% in 2011
China's retail sales rose about 17% last year and are expected to book a 14% increase in 2012, according to the country's Commerce Ministry. The government has been making a concerted effort to boost domestic consumption as exports to key US and European markets slow. Channel NewsAsia (06 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. |
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 | Technology Solutions |  |  | | | Spotlight on Mass Merchandise | | | | - Target plans 80-acre distribution center near Calgary
Target has confirmed plans to build a 1.3-million-square-foot distribution center on an 80-acre site near Calgary, giving the US chain its third such facility in Canada. Target, which last year acquired the leases on 189 Zellers stores, plans to open between 125 and 135 stores in Canada starting in 2013. Calgary Herald (Alberta) (06 Jan.) - Official: Formal order expected soon on foreign investment in India
India's government is set to issue a formal order allowing 100% foreign investment in single-brand retail outlets. Further, officials are in talks with the country's farmers and small businesses regarding a proposal to allow foreign direct investment of up to 51% in multi-brand retail outlets and are likely to have a decision on the issue by the end of the month, an official said Friday. The Wall Street Journal (06 Jan.) | NRF News | | | | - Why people love to "like" Express
Express CMO Lisa Gavales says that shoppers don't consider social media to be marketing -- and neither should retailers. With 1.7 million fans and its full catalog on Facebook, the Express brand measures social media success with interaction, says Gavales in a recent Q&A on Retail's BIG Blog. "We don't look at social media ROI any more than we look at the ROI of air conditioning," Gavales said. Read more. Retail's BIG Blog (05 Jan.)
| SmartQuote | | | |  | Knowledge can be communicated, but wisdom cannot. A man can find it, he can live it, he can be filled and sustained by it, but he cannot utter or teach it."
--Hermann Hesse,
German-Swiss writer and poet  |
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