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| Global retail industry news |  |
- Q-and-A: Poundland CEO Jim McCarthy
 Money was tight when Poundland CEO Jim McCarthy was growing up, and his early experiences shaped a sense of thrift that fuels his understanding of the chain's bargain-hunting shoppers. In this interview, he talks about those early lessons and how they have shaped his business and personal spending strategies. The Telegraph (London) (05 Mar.)       | 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. |
 - Retailers look beyond Japan's borders
A growing number of Japan's major retailers are looking to other Asian countries including Vietnam for future growth as domestic population and economic growth slow. Japan's Aeon announced plans Friday to open its first store in Ho Chi Minh City and plans to expand to China and other Asian markets with a goal of raising international sales to match domestic revenue by 2020. Asia News Network (05 Mar.) - Demand for health supplements grows in China
US and international vitamin and supplement makers are finding a fast-growing market in China, where health-conscious consumers with higher disposable incomes and aging residents are spending more on health care products. "An increasing number of Chinese consumers, particularly in big cities, are looking for leading international brands that can provide trusted product quality and innovative product lines," said GNC China CEO David Zhang. China Daily (Beijing) (03 Mar.) - New Indian retailer to sell affordable designer fashions
Kimaya Chairman Pradeep Hirani has launched a new retail fashion brand called Karmik, which will feature affordable versions of runway fashions from India's growing slate of up-and-coming designers. The first three Karmik stores are slated to open next month, with eight additional locations planned. Women's Wear Daily (subscription required) (05 Mar.)  | 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! |
 | E-commerce Spotlight |  |  | | - Yoox Group to launch new shoe site
Yoox Group will launch shoescribe.com this week, a new online boutique that will sell footwear from 100 designers. Founder and CEO Federico Marchetti, considered a pioneer in online retail, shares the strategy behind his latest startup. The Wall Street Journal (03 Mar.) | Spotlight on Grocery | | | | - Europe's grocers see egg shortage ahead
The wholesale price of eggs in the EU has quadrupled in the past week, the result of stricter humane regulations that are driving some producers out of business. Supermarkets and food producers fear the changes will soon result in a shortage of eggs as well as mayonnaise, baked goods and other products that contain them. The Guardian (London) (03 Mar.) - Tesco, grocers back off big-store strategies
The rapid growth of online shopping has Tesco and other UK supermarket chains rethinking aggressive expansion strategies that had them adding ever-larger stores. The retailers are focusing instead on building their online operations and some, including Asda, are opening smaller local stores that are more convenient for customers. The Guardian (London) (03 Mar.) | NRF News | | | | - The proof is in the packaging when shipping internationally
E-retailers are constantly walking the fine line of providing reliable shipments to international customers while not compromising their bottom line. In a white paper posted on Shop.org, Bongo International analyzed how 16 US retailers were managing packaging inefficiencies and refining their strategies. Learn from their results and grow your international customer base. Download the white paper.
| SmartQuote | | | |  | Men must live and create. Live to the point of tears."
--Albert Camus,
French author, journalist and philosopher  |
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