Tuesday, January 10, 2012

UK retailers saw bigger-than-expected rise in December

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10 January 2012
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  Global Industry Watch 
 
  • Kuwait's Alshaya acquires 60 La Senza stores
    Kuwait-based retailer Alshaya has bought 60 La Senza lingerie stores in the UK as part of a pre-pack deal after the chain went into administration on Monday. The sale will save about 1,100 jobs at the struggling retail chain, which closed another 84 locations and 18 concessions. Alshaya is a franchise partner for several UK-based brands including Mothercare, Debenhams and Boots. Reuters (09 Jan.) LinkedInFacebookTwitterEmail this Story
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  Retail in Europe 
 
  • UK retailers saw bigger-than-expected rise in December
    Retail sales in the UK rose 4.1% in December, capping a lackluster year with a holiday sales spike, according to the British Retail Consortium. Bargain hunters and last-minute gift buyers turned out in droves in the week before Christmas, unhampered by the snow storms that disrupted December shopping in 2010. The Guardian (London) (09 Jan.) LinkedInFacebookTwitterEmail this Story
  • Netflix debuts in UK and Ireland
    Netflix began operating in the UK and Ireland, ramping up its effort to compete against Amazon-owned LoveFilm. Netflix's offerings include movies and TV shows from Disney UK & Ireland, BBC, CBS and Miramax. Bloomberg (09 Jan.) LinkedInFacebookTwitterEmail this Story
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.
  Retail in Asia 
 
  • Esprit names former Puma executive to new design post
    Tokyo-based apparel retailer Esprit Holdings has hired Melody Harris-Jensbach for the new post of chief product and design officer. The former Puma executive will oversee all of the brand's in-house product creation and license business as Esprit undergoes a major restructuring. Women's Wear Daily (subscription required) (09 Jan.) LinkedInFacebookTwitterEmail this Story
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  E-commerce Spotlight 
 
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  Technology Solutions 
  • Visa: More UK consumers choose contactless to pay meal tabs
    About one-third of UK Visa cardholders opted to use contactless payment services to pay for their meals at McDonald's and other quickservice restaurants in the last quarter of 2011, compared to 12% during the previous three-month period, Visa said. The system, designed to speed transactions, lets customers pay by scanning their cards in front of a special point-of-sale terminal. The Guardian (London) (08 Jan.) LinkedInFacebookTwitterEmail this Story
  • App makes movie ads more interactive
    Toronto-based TimePlay is testing a mobile application that lets moviegoers get more interactive with the ads they see on the big screen. Camera-maker Canon offers a coupon for viewers who participate in an on-screen game, and a Ford ad lets moviegoers vote on movie-related questions such as whether they would rather see more scenes with a male or female lead. The Globe and Mail (Toronto) (09 Jan.) LinkedInFacebookTwitterEmail this Story
  Spotlight on Grocery 
  • ALDI, ASDA celebrate strong holiday season
    ALDI reported a 40% jump in December sales, and ASDA booked an 11% increase, as last-minute shoppers swarmed the stores for meat, cheese, soft drinks and snacks in the weeks leading up to Christmas, according to Nielsen data. The grocers rang up a combined £4 billion in December sales. The Grocer (U.K.) (09 Jan.) LinkedInFacebookTwitterEmail this Story
  • Morrisons sees little holiday sales growth
    UK supermarket chain Wm Morrison Supermarkets reported a same-store sales increase of 0.7% in the six weeks ending Jan. 1, below the 2.4% increase it booked in the third quarter, as shoppers slowed their spending and rivals ramped up aggressive deals, the company said Monday. The Wall Street Journal (09 Jan.) LinkedInFacebookTwitterEmail this Story
  NRF News 
  • How Ralph Lauren keeps a classic brand modern
    Ralph Lauren has worked to keep a consistent image for more than 44 years. David Lauren, EVP of advertising, marketing and corporate communications, will discuss the iconic brand's strategies for staying fresh and relevant in a fast-changing world at Retail's BIG Show, Jan. 15 to 18 in New York City. Learn more. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
The river flows at its own sweet will, but the flood is bound in the two banks. If it were not thus bound, its freedom would be wasted."
--Vinoba Bhave,
Indian leader


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