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   | Global retail industry news |  |
- Growing US demand boosts global exports
An improving economy is raising US consumer confidence and increasing demand for foreign goods, just as China's economy starts to decelerate and Europe grapples with the threat of a recession. US consumers spent about $11 trillion last year and are on track to boost spending higher in 2012, analysts say. Bloomberg Businessweek (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. |
 - Pinterest users are asked to dress Harrods' window
Harrods, the London department store, is asking Pinterest users to post images relating to a street party for Queen Elizabeth II's Diamond Jubilee. The store will create a real-world window display inspired by the winning Pinterest board, and will bring the creator to London for the window's unveiling. Luxury Daily (09 Apr.) - Tesco must invest $1.6 billion in turnaround, investor says
It's likely to take three years and as much as $1.6 billion to turn around Tesco's core UK business, said Richard Black, a fund manager at Legal & General Group, the retailer's fourth-largest shareholder. "The critical thing for Tesco is to get themselves back on the front foot and I think that could be quite a material investment." Bloomberg (09 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. |
 - India may ease rules for single-brand foreign retailers
The Indian government is considering loosening sourcing rules to to allow single-brand retailers including Nike, Ikea and Apple to start opening stores there. The rules, enacted two months ago, require the retailers to source products from Indian small businesses, but retailers say the amount they would need to invest to ramp up sufficient production would exceed existing caps. The Times of India/TNN (10 Apr.) - Chinese consumers fuel boom in British antiques
A growing number of wealthy Chinese consumers are paying a premium for traditional British antiques from UK auction houses that made their catalogs available online in China last year via epaiLive.com. "The exotic and elegant styles of British goods is what's so attractive to Chinese people," said interior design company owner Susan Sun. China Daily (Beijing) (09 Apr.)  - PChome launches site to sell to Chinese in the US
Taiwan-based e-commerce company PChome Online has launched an online retail site in the US that aims to appeal to ethnic Chinese consumers. "A large portion of orders placed at the B2C platform are for Chinese-language books, Chinese-interface PCs and 3C products which are very expensive in the US market," said chairman Jan Hung-tze. DigiTimes (09 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. |
 | Spotlight on Grocery |  |  | | - Bhopal grocers launch 3-day strike to protest food-safety rules
Grocery stores, restaurants and hotels across the Indian state of Bhopal began a three-day strike Monday to protest provisions of a new Food Safety and Standards Act. The new science-based rules will require food companies to obtain licenses from the Food and Drug Administration rather than local licensing bodies, a change small merchants say will hurt them while favoring multinational corporations. The Times of India/TNN (09 Apr.) - Syarikat Al-Araby to open supermarket in Egypt
Malaysian company Syarikat Al-Araby Holdings is planning to open a supermarket in Egypt carrying some 200 Malaysian products from small and medium-sized businesses. "This is a good way to promote and market Malaysian-made SME products overseas," said Ahmad Sani Araby Abdul Halim Araby, the company's chairman. The Sun (Malaysia) (10 Apr.) | NRF News | | | | - How Hudson's Bay Company boosts sales and lowers costs with item-level RFID
At the NRF Global Supply Chain Summit, May 6 to 8 in Atlanta, Dan Smith, CIO of Hudson's Bay Company, will partner with Joe Andraski, president and CEO of VICS Association, to present how retailers are improving inventory accuracy and increasing sales by deploying item-level RFID. Register by April 13 to save $200 off the cost of on-site registration. Learn more.
| SmartQuote | | | |  | Quarrel not at all. No man resolved to make the most of himself can spare time for personal contention."
--Abraham Lincoln,
16th U.S. president  |
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