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Global retail industry news |  | - Starbucks' new earnings report reflects global growth
Starbucks broke out its financial results by geographical region for the first time when it announced a 10% rise in earnings for the first quarter on Thursday. The U.S. continues to be the coffee chain's biggest growth market, but Asia saw the biggest jump in same-store sales, with a 20% increase, and UK-based shops reported a boost during the holidays from sales of seasonal beverages including eggnog and gingerbread lattes. The Guardian (London) (26 Jan.), The Wall Street Journal (27 Jan.)  | Learn How to Cut HR Costs Without Cutting Production Entrepreneurial execs know that they need to follow the rules, but they may not realize which decisions will lead to the two vital components that help keep HR costs low. The following paper focuses on minimizing human capital expenses in four key areas. Download the white paper, An Executive’s Guide to Cutting HR Costs to learn more. |
- Carrefour may name new chief executive
Paris-based retail chain Carrefour is reportedly close to striking a deal to hire Georges Plassat, the head of French apparel group Vivarte, to replace CEO Lars Olofsson, a change that may happen as early as next week. Plassat headed Carrefour's operations in Spain before joining Vivarte, and was previously CEO of French grocery retailer Groupe Casino. The Wall Street Journal (27 Jan.) - Morrisons to turn 10 Best Buys into Kiddicare stores
Supermarket chain Morrisons has acquired 10 former Best Buy stores in the UK and will turn them into Kiddicare locations, as part of a push to expand the brick-and-mortar presence of the largely online retail brand it acquired last year. Morrisons plans to hold a Facebook contest to let the public decide which location will open first. BBC (26 Jan.), Brand Republic (U.K.) (26 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! |
- Japan sees retail sales jump in December
Retail sales in Japan rose 2.5% in December from the same month in 2011, the biggest increase in more than a year, as consumer spending rebounded from the earthquake and tsunami last March. The rise helped offset a a softening in the country's exports, economists said. Bloomberg (26 Jan.) - IKEA hasn't ruled out expansion to India
Swedish furniture giant IKEA is still considering opening in India -- despite restrictions on the new policy on foreign retail investment -- and plans to announce more details this spring, spokesman Josefin Thorell said. "India is still a very interesting potential retail market for the IKEA group, but we need to understand what the guidelines will mean for us." Business Standard (India) (27 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! |
- Brazil leads Latin America in online shopping
Online shopping is on the rise in Brazil, and the country is expected to account for more than half of all business-to-consumer online sales in Latin America by next year, according to eMarketer. About 34% of the country's Internet users are expected to make at least one online purchase this year. eMarketer (25 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. |
 Spotlight on Fashion |  |  | | - Icebreaker tailors its brand for Asia growth
New Zealand-based outdoor apparel maker Icebreaker has been expanding its presence in Asia, opening a Taipei flagship last fall and partnering with Japanese sports company Goldwin. Icebreaker, which makes apparel from merino wool, will work with Goldwin to create pieces that fit the figures of Asian consumers, the company said. Inside Retailing Online (24 Jan.) - Retro French fashion brand aims for online comeback
The two ad agency directors who paid more than 10 million euros to acquire the Courreges brand last year aim to revive the designer's name and futuristic styles with the Feb. 1 launch of an e-commerce site. "We're hoping that the brand returns, in five to 10 years, to its former stature as a global brand with its dimension of innovation that earlier made its success," said co-owner Jacques Bungert. Canada.com (24 Jan.) - Retail buyers find much to like on Paris runways
Buyers liked what they saw on the runways at men's Paris Fashion Week, saying the oversized outerwear and daring fabrics and colors came together in the new. "Paris looked the best it has in years for both its newness and commercial salability at retail, two very important factors that drive profitability," said Holt Renfrew vice president Barbara Atkin. Women's Wear Daily (subscription required) (25 Jan.) - Mywardrobe.com shifts from editorial focus
Online fashion retailer Mywardrobe.com will relaunch its site with a shift away from editorial content and a more concentrated focus on the products it sells. While others see editorial content as a draw that brings consumers back, Mywardrobe founder Sarah Curran says it's a distraction for time-strapped shoppers. Brand Republic (U.K.) (24 Jan.) NRF News |  |  | | SmartQuote |  |  | |  | I am sustained by the tranquility of an upright and loyal heart." --Peter Stuyvesant, Dutch-American statesman  | | | This SmartBrief was created for cpgbrokers.data@blogger.com |
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