| Global retail industry news |  |
- Make-up mogul says department stores need a makeover
Australia's department stores need to revitalize themselves with in-store events and features designed to bring younger shoppers into the stores, says Napoleon Perdis, a cosmetics entrepreneur whose company operates 75 stores. "There is a place for department stores but they need to think of themselves more as malls, where vendors can create experiences within that mall model." The Sydney Morning Herald (Australia) (02 Apr.)       | What Data Thieves Don’t Want You to Know:
How a multi-layered data security solution, including encryption and tokenization, protects data in transit, in use and at rest. When combined, these two technologies provide a powerful method for securing sensitive data wherever it exists. Get proof here. |
 - Russia's Bosco opens 1st store in Western Europe
Bosco, the parent of Moscow's GUM department store, has opened a store at London's Westfield Stratford City shopping center, near the Olympic stadium. The department store, which will supply clothing for the Russian, Ukrainian and Spanish Olympic teams, operates 65 stores and plans to expand in Spain and Brazil. Reuters (02 Apr.)  | Taking your brand beyond the web—and why you need to do it now. Connected consumers were big news in 2011. Use of tablets and smartphones skyrocketed as did shoppers’ appetite for online purchasing. Tune in to hear how you can get ready now for the 2012 multi-channel marathon going into the holiday season, how to meet your customers where they want to shop, and deliver a consistent, branded experience across all touchpoints. To register click here. |
 - Duty-free shop boosts tourism to Hainan
A duty-free shop opened in China's island province of Hainan last year, and a policy that lets visitors from 26 countries stay for 15 days without a visa have helped boost international tourism, officials said. Visitors can spend up to $754 on imported commodities without paying taxes, and the government is considering opening more duty-free shops and expanding or removing the cap on purchases. China Daily (Beijing) (03 Apr.) - Chinese apparel factories take survival steps
Thousands of apparel and textile factories in China have closed amid the global economic crisis of the past few years, but the surviving operations are making changes such as moving to inland locations where labor is less expensive. "For those companies who survived, it's good news of having fewer competitors in the coming summer season," says Li Linjing, a manager at a clothing manufacturer in Hangzhou, Zhejiang province. Women's Wear Daily (subscription required) (02 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. |
 - Report: Mexico, Argentina, Brazil erect barriers to US trade
Mexico's taxing authority has started subjecting US companies that export there to extensive audits of records dating back to 2007, a costly trade barrier for US textile manufacturers, according to the U.S. Trade Representative's office. Argentina and Brazil have also enacted import restrictions that make it much more difficult for US companies to do business there, the report found. Women's Wear Daily (subscription required) (02 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. |
 - Vente Privee teams with American Express
European flash-sale site Vente Privee has teamed with American Express in an effort to expand its base in the US and gain greater insight into the shopping habits of US luxury consumers and aspirational shoppers. Under the agreement, American Express sent e-mails inviting members of its Travel + Leisure mailing list to join Vente Privee. Luxury Daily (02 Apr.)  | Time to review your merchant account contract?
Make sure your merchant service provider is among the most qualified and trusted professionals in the business. Ask for a Certified Payments Professional. Learn more at www.electran.org. |
 - Canadian retailer launches virtual shopping wall
Online health and beauty retailer Well.ca has launched the latest virtual shopping mall, this one on the wall of a busy downtown Toronto subway station. The concept, tried first by Tesco in a transit station in Seoul, South Korea, lets commuters shop for products using a smartphone application that scans QR codes on pictures of the products. The Globe and Mail (Toronto) (02 Apr.)  | 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. |
 | Spotlight on Grocery |  |  | | - Loblaw's Joe Fresh grows beyond Canada
Canadian grocery chain Loblaw, which developed its Joe Fresh clothing brand about seven years ago to compete with Wal-Mart, is looking beyond Canada's borders for future growth. The company opened its first US Joe Fresh stores last year, and last week debuted a shop on New York City's Fifth Avenue. Bloomberg Businessweek (02 Apr.) - Canadian grocery chains gear up for fiercer competition
Loblaw will expand its square footage and focus on service, Metro will stress its fresh offerings, and Sobey's plans to build on its "best in food" brand image, executives from Canada's three major grocery chains said last week. The companies shared plans to ramp up store operations as Wal-Mart works to convert its Canadian stores to supercenters and Target prepares to enter the market next year. Supermarket News (02 Apr.) | NRF News | | | | - How to prepare for Store 3.0
Store 3.0 is already here, and retailers who are leveraging all channels and technologies are in a prime position to grab those essential sales from the highly-connected and savvy consumer. In a session recap from Retail's BIG Show, Deloitte's Alison Kenney Paul shares statistics about the changing retail landscape and how to alter your core brand elements to stay relevant in the coming years and beyond. Read more.
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