| Global retail industry news |  |
- Target identifies 3 Calgary stores set to open next spring
Three former Zellers stores in Calgary will re-open as Target stores in spring 2013, after six to nine months of renovation expected to cost between $10 million and $11 million per store, the company said Thursday. Target, which last year acquired the leasehold interests in Zellers' stores, expects to open 125 to 135 locations in Canada, with most set to debut next year. Calgary Herald (Alberta) (02 Feb.)       | Leveraging Cloud Security to Weather Threatening Storms
Web attacks and retribution campaigns are on the rise, and they have become more frequent, more random and more extreme. This paper assesses the current cyber threat environment and discusses the use of distributed cloud services as an effective means to protect against evolving, modern-day IT threats. |
 - Waterstones drops government-sanctioned unpaid work program
UK bookstore chain Waterstones said it would stop using unpaid workers under a government-created Work Experience program that requires unemployed adults to work at area businesses in exchange for part of their unemployment benefits. A worker who says she was forced to work in a Poundland shop without pay for several weeks has filed a lawsuit against the Department for Work and Pensions. The Guardian (London) (02 Feb.) - Europe's retail sales fell in December
Retail sales in Europe declined unexpectedly in the final month of 2011, falling 0.4% in contrast to the 0.3% gain economists predicted, according to the European Union's statistics office. The region's double-digit unemployment rate and government austerity measures are leading many in the region to tighten their belts, economists say. Bloomberg (03 Feb.)  | 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. |
 - Report: Holiday gift sales soar in China
Sales of holiday gifts in China hit $122 million last year, with 60% of the purchases coming in the two months leading up to the annual Lunar New Year celebration, according to the China Gift Industry Research Institute. "World-famous luxury-brand goods such as handbags, watches, wines and the latest electronic devices such as all kinds of Apple products, especially those purchased overseas, have become the most popular gifts in recent years," said CGIRI chief Zhang Xiaopeng. China Daily (Beijing) (03 Feb.)  | 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! |
 - Online toy seller to cut costs with brick-and-mortar store
UK toy retailer wheniwasakid.co.uk has sold exclusively online since launching five years ago, but now owner Paul Warner plans to open a brick-and-mortar high street location he says will allow him to both raise the brand's profile and boost profits. Dropping the pick-and-pack service he was using to ship products and using the back room of his new shop for shipping will result in a net savings of £6,000 this year, he says. ToyNews-Online.biz (U.K.) (01 Feb.)  | Retailers use video surveillance as a valuable tool to combat shrinkage, which can account for more than 2% of retail sales for some U.S. organizations. Shrink is up 6.6% in 2011 over 2010. This 6-page whitepaper from 3VR gives real examples on how retailers are increasing sales with video surveillance & analytics. Download it free today. |
 - H&M gives sneak peak of Beckham Super Bowl spot
 Swedish fashion retailer H&M this week unveiled the 30-second black-and-white Super Bowl commercial to promote David Beckham's Bodywear collection. The chain, which typically uses less-pricey online and print ad channels, invested heavily in the spot -- airtime during the game costs about £2.2 million. Brand Republic (U.K.) (31 Jan.)  | Costs are rising in China and Japan, prompting high-tech firms across Asia to consider new sourcing locations so they can remain efficient, while focusing more on service. What will be the impact of this behavioral shift? Learn about the findings in this free white paper. |
 | NRF News |  |  | | - NRF releases 2011 Annual Report
View a snapshot of NRF's successes within and on behalf of the retail industry by downloading a free copy of NRF's just-released Annual Report. The 2011 edition covers NRF's unprecedented Retail Means Jobs campaign, the industry's impact on Capitol Hill and thought leadership in national and international media, as well as a glimpse into all 2011 events, such as Retail's BIG Show, the Shop.org Summit and NRF's Loss Prevention Conference. Download the report.
| SmartQuote | | | |  | Have no fear of perfection -- you'll never reach it."
--Salvador Dali,
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