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  | Global retail industry news |  |
- H&M pushes for more stable conditions in Bangladesh
H&M sources about 25% of its fashions from factories in Bangladesh and aims to increase that figure, but the Swedish retailer is worried about the periodic political and labor unrest that has been known to disrupt production. The company said it's using its growing influence to convince manufacturers to improve working conditions. "We are big buyers in Bangladesh and we want to take greater responsibility for working conditions there," said CEO Karl-Johan Persson. The Wall Street Journal (28 May.)       | Your business deserves easy savings.
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  - Body Shop turns to "entertailing" to keep shoppers in store
Body Shop has invested heavily in turning its retail stores into an experience designed to keep customers in the store longer, with interactive features from story telling to hand massages. "We found that the average amount of time a consumer spends in our prototype stores has doubled, from an average of five minutes to more than 10," said executive chairwoman Sophie Gasperment. The Globe and Mail (Toronto) (28 May.) - Dixons soothes investors with financial news
Dixons Retail is on track to make a scheduled £160 million bond payment later this year and has secured a £300 million overdraft with a group of banks, the company said Friday in an effort to reassure shareholders. Like-for-like sales at the company's UK Currys and PC stores have improved in the first four months of the year, and the retailer recently opened a high-end electronics boutique in Harrods. The Guardian (London) (25 May.)  | Hiring exceptional talent is critical to the success of your business. Whether it’s the executive who offers visionary leadership, or the sales professional who won’t settle for less than 100%, a business needs great people to thrive. This guide provides best practices for securing the top talent you need to drive business results. |
 - Nielsen: Organised retail on the rise in India
India's consumers spend about $450 billion a year on shopping, but only about 6% of that is spent at modern, organised retail outlets, according to Nielsen. That number is growing in parts of the country, with New Delhi leading the way. "As shoppers in these geographies awake to the possibilities that modern-format outlets bring, this is only likely to gain momentum," the report says. Women's Wear Daily (subscription required) (25 May.)  | Simple Strategies for Enhancing eCommerce Profitability
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 - Online retail boom a boon for Australia's warehouse industry
The growth of online retail in Australia may have brick-and-mortar merchants worried, but it's proving a boon for warehouse owners and investors, as demand for space outstrips the existing supply, according to research from the Goodman Group. "The continued rapid growth in e-retailing is a real game changer for our business," said CEO Greg Goodman. The Age (Melbourne, Australia) (26 May.)  | Hot off the Presses! Q2 2012 ERP Comparison Guide
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 - Brands build smaller packages for tighter times
International brands including Nestle and Unilever have been creating smaller packages of many staples including coffee, tea and noodles to cater to cash-strapped European consumers. Tighter economic times are also spurring growth of private-label lines at supermarket chains including Tesco and Carrefour. The Wall Street Journal (28 May.) - UK grocers, food makers to offer job advice
Supermarket chains Tesco, Asda and Sainsbury are joining food makers in a new UK program aimed at giving young people a sense of the job opportunities the field offers and practical tips on putting their best foot forward in the job search. "Tesco is creating 20,000 jobs over the next two years, including many opportunities for young people," a Tesco spokesperson said. The Telegraph (London) (27 May.)  | Where Government Actions Meet Business Decisions.
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 | NRF News |  |  | | - Bare Necessities CMO talks "transmedia" and the new rules of mobile and social
With the emergence of new social media platforms and mobile gadgets, retail marketers have an ever-expanding arsenal of ways to creatively reach customers. To get a CMO's perspective on where the social and mobile wave is taking the industry, Bare Necessities CMO Jay Dunn explains how brand consistency across all channels and a "transmedia" marketing model must go hand-in-hand for retailers to effectively reach the super-connected shopper. Read more. Retail's BIG Blog (02 May.)
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