| Global retail industry news |  |
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 - Tesco prepares to unveil improved stores
Tesco is in the midst of of a £300 million overhaul of its UK stores, aimed at making stores more welcoming and boosting customer service. The chain is testing new features including beauty counters, coffee shops and consumer electronics areas modeled after Apple stores. The Daily Mail (London) (25 Feb.)      - New Peacocks owner may re-open 75 closed stores
Edinburgh Woollen Mill hopes to re-open 75 of the 224 Peacocks stores that closed immediately after it bought the retailer last week, said chairman Philip Day. "A lot of the 244 stores that closed were blindingly unprofitable so we don't want to reopen those, but if we get the right sort of deals we could reopen 75 of them." BBC (26 Feb.)  | The telephony market is making a lot of smart people make poor choices. Take a minute to read the latest VoIP News and ground your opinion in hard-bitten analysis. In this complimentary guide, we chart the future of IP-convergence, mobility, IPv6, and much more. Get the VoIP News here. |
 - Demand soars for China's tailors
Prices for ready-made garments at department stores in Beijing have skyrocketed, creating greater demand among locals and tourists for tailor-made garments that fit better and can often be had for a fraction of the off-the-rack price. "It's not only the cheaper price and better quality. Wealthier people tend to dress differently and tailor-made clothes can make you look special," said tailor Gu Hongjian. China Daily (Beijing) (27 Feb.) - India's largest retailer slows growth plans
India's largest retailer, Pantaloon, will put expansion plans on hold after booking the slowest same-store sales growth in two years in December, executives said. The retailer added 33 stores last quarter and plans to open 75 more in the current quarter, but isn't currently signing any new properties, an executive said. Business Standard (India) (27 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! |
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 | Spotlight on Mass Merchandise |  |  | | |  | - Renewed popularity boosts Barbour's business
Barbour has been making jackets at a UK factory for more than 100 years, but business has grown recently after celebrities started wearing the brand and younger consumers snapped up a popular pink quilted jacket on Amazon and Asos. While some of the brand's garments are made in other countries, the growing popularity has boosted work at Barbour's UK factory. The Telegraph (London) (26 Feb.)  | RadioShack has a global presence and a variety of innovative products and services. With reasonable investment levels and hundreds of potential markets, a RadioShack franchise represents an exciting opportunity for you to associate with a powerful retail brand. Click here to learn more. |
 | NRF News | |  | | - Creative versus operations: How to free marketers to do marketing
Today's CRM and business intelligence platforms are powerful tools for retail marketers, but perhaps it's time to differentiate marketing creative professionals from marketing operations. In a recent addition to the Shop.org white paper library, executives from eClerx examine the obstacles that accompany effective CRM and marketing automation system development, and demonstrate how outsourcing parts of the marketing lifecycle helps to remove those obstacles while improving cost savings, agility, operational excellence, risk mitigation, and costs and resources. Download the white paper now.
| SmartQuote | | | |  | One will rarely err if extreme actions be ascribed to vanity, ordinary actions to habit, and mean actions to fear."
--Friedrich Nietzsche,
German philosopher  |
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