| Global retail industry news |  |
- Sears Canada cuts prices in anticipation of new rivals
Sears Canada cut prices on about 5,000 products this week, and said it plans to launch weekly sales, revamp weekly sales fliers and roll out new signs. The moves come as the retailer gears up to compete with new rivals as Wal-Mart expands across the country and Target makes plans to open the first of 135 Canada stores next year. Reuters (16 Feb.)      - Luxury market continues global growth
Global luxury brands enjoyed strong sales growth last year and the momentum continues, even as other consumer product sectors struggle. Luxury companies including LVMH Moët Hennessy Louis Vuitton and PPR continue to see strong sales growth in Asia, and expect to see similar growth in emerging markets including Brazil and Indonesia. The Wall Street Journal (17 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! |
 - UK retail chains closed a record number of shops in 2011
UK retail chains closed more stores than they opened last year, with categories including bookshops and home furnishings especially hard hit, according to PwC and the Local Data Company. "A common feature of retailers in distress who we are dealing with is that they have too many locations," said PwC partner Mike Jervis. The Independent (London) (17 Feb.)  | What if there was a gold mine of data that was going untapped by your data decision-making programs? Today, the role of video can extend far beyond security. Data gathered from video surveillance can now help decision makers actually grow a business rather than just protect it. Download this free white paper and learn how video analytics can translate to competitive advantage. |
 - China's exports decline as global demand slows
High unemployment leading to lower demand in the US, Europe and Japan led to a 0.5% decline in Chinese exports in January, the biggest drop since August 2009, the country's Ministry of Commerce said Thursday. "China's trade outlook in the first quarter, on the whole, is quite challenging because the downbeat global economy is adding more pressure to China's external trade environment," said spokesman Shen Danyang. China Daily (Beijing) (17 Feb.)  | Do you have free service coverage on your printers? Lighten your load with Xerox eConcierge™! It manages your supplies automatically and provides one-touch ordering so supplies never run out. And when you use the service continuously you get free service coverage on eligible Xerox printers, a Xerox exclusive loyalty benefit. Download for free now. |
 | E-commerce Spotlight |  |  | | - Denham takes denim fashions to the US
Dutch fashion brand Denham has gained a presence in the US with its first shop-in-shop, set to open today at American Rag Cie in Los Angeles. The brand, created by British designer Jason Denham, operates stores in Tokyo, London and Amsterdam, and plans to seek joint venture partners to further expand in the US. Women's Wear Daily (subscription required) (14 Feb.) - India's menswear market sees rapid growth
Menswear is the fastest-growing segment of India's apparel market, according to data from Venn Research. "The men's apparel is more westernised, unlike women, where even in the high end you would see many of them opting for Indianwear. Hence, standardisation of products is simpler and easier," said Ernst & Young partner Pinaki Ranjan Mishra. The Economic Times (India) (12 Feb.)  | Principles of Checkweighing - Building an Effective Program
This essential guide is an invaluable resource of checkweighing information and a definitive reference providing an insight into all aspects of checkweighing from basic principles to implementation of a comprehensive program. Request your free copy now! |
 | NRF News | | | | - U.S. retail container traffic to increase in first half of 2012
Consumer confidence is having a positive effect throughout the retail industry, and major U.S. retail container ports are no exception. According to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates, U.S. ports should see a 0.5% rise in import cargo volume from the same period last year. Read more.
| SmartQuote | | | |  | Success is blocked by concentrating on it and planning for it. ... Success is shy -- it won't come out while you're watching."
--Tennessee Williams,
American playwright  |
| | This SmartBrief was created for cpgbrokers.data@blogger.com
|
No comments:
Post a Comment
Please comment thoughtfully CPG Brokers, your best resource to optimize your in store self exposure and maximize sku distribution.