Wednesday, January 4, 2012

UK retailers brace for winter slowdown

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04 January 2012
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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!
  Retail in Europe 
 
  • UK retailers brace for winter slowdown
    UK retailers brought out Boxing Day crowds with steep sales, but the day marked the end of a holiday season that had merchants discounting earlier and more deeply to lure cash-strapped shoppers. Post-holiday traffic is expected to slow substantially as consumers continue to cope with higher food, fuel and utility bills, analysts say. The Wall Street Journal (02 Jan.) LinkedInFacebookTwitterEmail this Story
  • Sainsbury's extends popular price-matching promotion
    Sainsbury's will continue its pledge to match Tesco and ASDA's price on brand-name products with instant money-off coupons at the till. The chain has issued about 45 million coupons under the Brand Price scheme, which started in October and was originally scheduled to end Dec. 31. The Grocer (U.K.) (03 Jan.) LinkedInFacebookTwitterEmail this Story
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  Retail in Asia 
 
  • India's retailers get early start on discounting
    A larger-than-expected post-Diwali sales slump in November and December has several of India's major retailers starting annual discounts about three weeks earlier than usual. Chains including Future Group, Reliance Retail, Shoppers Stop, Style Spa and Woodland say they've seen sales slump by up to 30% amid higher prices for everything from apparel to mobile phones. The Economic Times (India) (04 Jan.) LinkedInFacebookTwitterEmail this Story
  • Chinese furniture retailer fights back
    A television news story last July that accused Chinese luxury merchant DaVinci Furniture of passing off low-quality goods as premium imports dealt a blow to the company's reputation. Now the furniture retailer has gone public with its own allegations, saying the state-run TV station that ran the story distorted the facts and fabricated allegations. The New York Times (tiered subscription model) (03 Jan.) LinkedInFacebookTwitterEmail this Story
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  E-commerce Spotlight 
 
  • Belarus bans virtual visits to sites outside the country
    Internet users in Belarus face $125 fines if they direct their browsers to websites hosted in other countries, under a new law designed to keep e-commerce within the borders of the East European nation. The law also extends to international retailers such as Amazon, which is not registered in the country and risks lawsuits if it sells to people in Belarus. United Press International (03 Jan.) LinkedInFacebookTwitterEmail this Story
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  Spotlight on Luxury Goods 
 
  • 2011's uncertainty drove luxury marketing innovation
    Stock market ups-and-downs, a newly frugal mindset and unpredictable spending surges had luxury marketers getting more creative to attract customers last year, this story says. Burberry streamed its runway shows to boost interest in its new collections, Tiffany & Co. created a site dedicated to telling stories of true love, and Ralph Lauren bought a solo sponsorship on the New York Times' iPad application. Luxury Daily (03 Jan.) LinkedInFacebookTwitterEmail this Story
  • Tiffany "most exposed" as global sales slow
    Consumers in Europe and Asia are expected to buy fewer pricey jewellery pieces this year, pointing to the likelihood of a slowdown for luxury jeweller Tiffany & Co., which does nearly half its sales outside the Americas, analysts say. Bloomberg Businessweek (03 Jan.) LinkedInFacebookTwitterEmail this Story
  • Rapid rise of luxury retail in China brings bumps
    Luxury retailers have been rapidly expanding in China, and for many the fast growth has come with issues surrounding product quality control and service. Market regulators have reported numerous quality issues with products from luxury brands including Burberry, Armani, Chanel and Dior, and consumers say they find little recourse when products prove to be defective. China Daily (Beijing) (03 Jan.) LinkedInFacebookTwitterEmail this Story
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  NRF News 
  • The most successful social retail campaigns of 2011
    The Shop.org 2011 Social Commerce Study found that 42 percent of online consumers have "followed" a retailer proactively through Facebook, Twitter, or a retailer's blog. But how are retailers maximizing these social connections? At Retail's BIG Show, Jan. 15 to 18 in New York City, Ice.com Founder Pinny Gniwisch and other experts will discuss the best social campaigns of 2011 and what's to come in 2012. Learn more. LinkedInFacebookTwitterEmail this Story
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