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| Global retail industry news |  |
| Global Industry Watch |  |  | | - Canada's retailers see tough road ahead
Competition from international retailers and slower consumer spending will make it tougher for Canada's retailers to increase sales in the coming years, the Retail Council of Canada told its members in a recent report. The report cited popular US chain Target's plans to open its first stores in the country next year. The Globe and Mail (Toronto) (27 Feb.)      - Alberta poised for strong retail growth: Strong economic growth and higher employment levels are expected to give Alberta the highest rate of retail sales growth in Canada in the next two years, according to the Conference Board of Canada. Retail sales in Alberta are on track to rise 9.2% this year and 5.9% in 2013. Calgary Herald (Alberta) (27 Feb.)
- Mid-priced apparel sales on the rise
Economic downturns often hit mid-priced retailers the hardest, but this time around some European chains selling apparel and accessories in the $100 to $1,000 range are expected to see better sales growth than mass-market chains and luxury retailers. Consumers are conscious of price, but they're also looking for value and a "wow factor," said Tancrede de Lalun, an executive at Printemps in Paris. Bloomberg (27 Feb.) - AB Foods bets on discount fashions to drive profits
Associated British Foods reported a 2% rise in like-for-like sales at its 232-store cheap-chic fashion chain Primark, and the company expects the chain to drive profit growth in the half-year ending March 3, while profits from its grocery operations are expected to decline. Reuters (27 Feb.) - Topshop expands in key US retail markets
UK-based Topshop will open its first namesake and Topman store in Las Vegas next month and plans to open a 25,000-square-foot location in Los Angeles in 2013. The fashion retailer already operates US locations in New York and Chicago. Women's Wear Daily (subscription required) (27 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! |
 - Japan's retail sales rise in January
Japan's retail sales rose 1.9% in January compared with the same month in 2011, following a 2.5% increase in December, buoying hopes that the country's economy will return to growth in the first quarter. Consumer confidence rose to levels not seen before the March 2011 tsunami and earthquake. Bloomberg (28 Feb.) - Net-a-Porter to launch in China
London-based flash-sale retailer Net-a-Porter has acquired Chinese e-commerce platform Shouke Limited and plans to begin launching its sites in China next month. The company also plans to open a Hong Kong distribution center next year, to serve the Asia-Pacific market. Women's Wear Daily (subscription required) (27 Feb.)  | 10 Principles for Building an Effective Human Capital Plan
The Human Capital Plan is an important tool that organizations use to drive focused actions that can ensure goal achievement and business success. It allows organizations to assess, plan for, and respond proactively to its human capital challenges and needs. Download the white paper to learn more. |
 | E-commerce Spotlight | | | | - Australia's online retail grows at a faster rate
Online retail in Australia only makes up 5% of total retail sales, but e-commerce is growing at a faster rate than traditional retail and is expected to grow to 10% of the total within five years, according to a new report from the National Australia Bank. Online sales grew 29% last year while brick-and-mortar business rose 2.5%, the report says. The Age (Melbourne, Australia) (28 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. |
 | Spotlight on Grocery | | | | - UK grocers see higher sales of fair-trade goods
Sales of fair-trade certified products rose 12% to £1.32 billion in the UK last year, as more consumers opted for bananas, coffee, tea, sugar and other foodstuffs raised by farmers paid a fair wage, according to the Fairtrade Foundation. Some supermarkets have opted not to pass along the higher price they pay for fair-trade goods, while others have chosen to only sell fair-trade products in certain categories. The Guardian (London) (26 Feb.) | NRF News | | | | - Why retailers need a digital signage strategy
From the movie screen to mobile phones, there are many different channels for retailers to deliver their brand messages in unique ways. But why has the retail industry been slower to implement digital signage compared to other industries? In a recent addition to the NRF Retail Reference Center, Platt Retail Institute outlines ways retailers can use digital signage to enhance their communication strategies to deliver choice and personalization to consumers across different media. Read more.
| SmartQuote | | | |  | A man of courage flees forward in the midst of new things."
--Jacques Maritain,
French philosopher  |
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