| Global retail industry news |  |
| Global Industry Watch |  |  | | | Retail in Europe | | | | - Armani, Dolce & Gabbana open first Berlin flagships
Giorgio Armani and Dolce & Gabbana have opened their first fashion flagships in Berlin. "In the last 15 to 16 months, we've been focusing on Germany as one of the most important markets in Europe," said Giorgio Armani Germany CEO Holger Schmidt. Women's Wear Daily (subscription required) (17 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. |
 - Wal-Mart takes controlling stake in China's Yihaodian
Wal-Mart has increased its stake in Chinese e-commerce company Yihaodian to 51%, subject to government approval, the company said. Yihaodian sells groceries and consumer products, providing same-day and next-day delivery through a logistics network that operates in Shanghai, Beijing, Guangzhou, Wuhan and Chengdu. Reuters (19 Feb.)  | Top 5 HR Compliance Concerns for Small Business
Small and medium sized companies spend a lot of time focusing on core business issues, but they may overlook one of the most potentially serious and costly issues — regulatory compliance. How do you know what issues to look for in order to protect the company? Download this must-read paper that discusses the top 5 HR compliance issues. |
 | Spotlight on Mass Merchandise | | | | - China aims to boost book publishing industry
The Chinese government is working to encourage its publishing houses to sign translation deals and export more books to overseas markets, but finding qualified translators has proved a challenge. "Only three to five Chinese writers today are familiar in the Western literary circles and that's definitely not enough," said Li Jingze, who launched a literary magazine that includes English translations of Chinese works. China Daily (Beijing) (17 Feb.) - London food makers cope with rising costs
On the 1,800-acre Park Royal about 30 minutes west of London's bustling financial district, 15,000 workers at nearly 500 different companies manufacture a third of the food consumed in England's capital city. From giant biscuit maker McVitie's to tiny pita and naan maker Dina Foods, the companies are all finding new ways to cope with rising ingredient prices. The Telegraph (London) (18 Feb.) | NRF News | | | | - KPMG Global Retail Director talks trends for 2012
With cost-containing initiatives out for retail executives in 2012, many will look toward investing in strategies that will optimize their online and mobile platforms to increase sales and customer satisfaction. In a new post on Retail's BIG Blog, KPMG's Global Head of Retail Mark Larson discussed retailers' most important initiatives for 2012 and top themes in NRF Foundation's recently released Retail Horizons: Benchmarks for 2011, Forecasts for 2012 report. Read more. Retail's BIG Blog (15 Feb.)
| SmartQuote | | | |  | Education is the ability to listen to almost anything without losing your temper or your self-confidence."
--Robert Frost,
American poet  |
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