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| Global retail industry news |  |
- Canadian government to review Target's "cultural benefit"
Late last month, the Canadian government ordered a review to determine whether Target will have a "net cultural benefit" when it enters the market next year. The review is standard for foreign companies that propose to sell books and music in Canada, a Target spokeswoman said. Reuters (05 Apr.)       | 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. |
 - Dick's to acquire a stake in JJB Sports
US-based sporting goods chain Dick's Sporting Goods plans to invest $31.7 million to acquire an equity stake in UK-based JJB Sports, with an option to acquire additional shares and become the majority shareholder next year. Internet Retailer (05 Apr.) - New laws ban cigarette displays at UK stores
A new law requires UK supermarkets to remove cigarette and tobacco displays from view beginning today, in a push to deter more young people from picking up the habit. The strategy worked in Canada, where fewer 15-to-19-year-old consumers started smoking after 10 provinces started enacting bans in 2004, says Ontario professor David Hammond. The Guardian (London) (05 Apr.)  | Comprehensive Leadership Programs
HBS offers three comprehensive leadership programs that prepare you to assume greater responsibility. Designed for individuals at all levels, each program delivers what companies need most: outstanding business leaders who can improve corporate performance and position their organizations for continued success. Learn more. |
 - Footwear brand Michael Antonio boosts growth in Asia
Los Angeles-based shoe retailer Michael Antonio opened its first standalone store in Taiwan last week as part of an ambitious plan to expand in Asia and become a global brand. "China will be a main focus for the next several years. This should be a pretty significant part of our revenue stream," said CEO Michael Su. Women's Wear Daily (subscription required) (04 Apr.)  | Learn about Xerox® solid ink and enter to win an Apple® MacBook Air®— Exceptional color print quality, 90% less waste than comparable color lasers, and speeds up to 40 ppm make the ColorQube® 8570 printer your perfect solution for affordable color printing. Enter to win an Apple®MacBook Air® when you learn more. |
 - Brazil is key in Coty's bid to buy Avon
Brazil is the third-largest global market for beauty products, behind the US and Japan, and Avon's door-to-door retail model commands a significant share of the market. Avon's status was a key factor in Coty's $10 billion bid to buy the company, Coty Chairman Bart Becht said Thursday. The Wall Street Journal (05 Apr.)  | How can you help your company get well sooner?
Visa Healthcare cards reduce paperwork, reimbursement checks and mailing costs, making your job go faster and more streamlined. They also provide employees convenient access to health-benefit funds, which means happier employees and increased enrollment. Visit visa.com/healthcare to learn more. |
  - Wal-Mart aims for bigger slice of China's e-commerce
Wal-Mart China recently expanded its stake in Chinese online retailer Yihaodian to 51%, part of a larger strategy to rapidly expand its online retail presence there. Yihaodian is strong on technology and has a well-developed supply chain, but has struggled to find cash to expand and has yet to turn a profit. STORES magazine (05 Apr.)  | Data powers all your online channels and as a marketer you are involved with how this information is being used to reach customers. Federal regulations require protection of that consumer data to avoid potential risks and lawsuits. Watch these videos to learn how to create a comprehensive data privacy strategy. |
 - Menswear drives rise in high-end fashion
The global market for high-end men's apparel is growing about 14% annually, about twice as fast as women's luxury fashions, according to Bain & Co. The growing popularity of shows like "Mad Men" has men around the world upgrading their wardrobes and fueling the growth of luxury menswear sales at companies including Germany's Hugo Boss. Reuters (04 Apr.)  | NRF News |  |  | | - How Ralph Lauren, Kohl's, The Home Depot and Boscov's create a greener supply chain
American Shipper's latest benchmarking initiative on environmental sustainability in the supply chain uncovered the leaders and practices that make going green a slam dunk. Jim Blaeser, American Shipper's publisher, will be joined by executives from these leading retailers at NRF's Global Supply Chain Summit, May 6 to 8 in Atlanta, to discuss emerging trends and best practices for a more sustainable supply chain. Learn more.
| SmartQuote | | | |  | Faced with the choice between changing one's mind and proving that there is no need to do so, almost everyone gets busy on the proof."
--John Kenneth Galbraith,
Canadian-American economist  |
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