  | Global retail industry news |  |
 | Interactive marketers are feeling the pressure from government to offer clear, transparent privacy regulations for consumers. This free whitepaper, discusses various legislation, such as the EU Cookie Directive, and outlines how marketers must comply while offering a positive and enriching consumer interaction via the new paradigms of consensual targeting. Get the free whitepaper here. |
 - Asda to install electric-car charging stations
Asda has pledged to install electric-car charging stations at all 500 of its UK stores by the end of the year, according to parent Wal-Mart's recent Global Responsibility report. The move would put the chain ahead of competitors, including Sainsbury's, which now operates 50 stations. The Grocer (U.K.) (28 Apr.)      - Dutch retailers face currency crisis
The currency crisis that hit Greece and spread through many other European economies has hit the Netherlands, spurring Dutch consumers to tighten their belts. Retailers and some economists worry that slower spending will only make the problem worse. "When you cut too much it doesn't help the economy, but it hurts growth," said food merchant Sharon Drieman. The New York Times (tiered subscription model) (01 May.)  | 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. |
 - UK's Value Retail readies 1st China outlet mall
UK-based Value Retail plans to open its first outlet mall in China next year, a 600,000-square-foot center in Suzhou that aims to cater to many of the same Chinese consumers who now travel to Europe to shop the company's designer outlet malls, says CEO Desiree Bollier. The company will maintain its markdowns of at least 35%, but overall prices will still be higher than in Europe because of China's high luxury tax rates, she says. Women's Wear Daily (subscription required) (01 May.)  | The recruiting ecosystem is changing, led by professional social networks like LinkedIn and social media apps like Jobvite. Examine how the new ecosystem creates a streamlined, scientific and democratic approach to the recruiting process in this free white paper. |
 - European retailers find online success
Amazon leads business-to-consumer e-commerce in Europe, but a number of homegrown merchants are finding success as online retail in Europe grows at about 12% a year. Germany's Otto Group and Italy's Yoox are among the established retail companies finding success online. Internet Retailer (01 May.)  | RadioShack has a global presence and a variety of innovative products and services. With reasonable investment levels and hundreds of potential markets, a RadioShack franchise represents an exciting opportunity for you to associate with a powerful retail brand. Click here to learn more. |
 | Spotlight on Luxury Goods |  |  | | |  | - Luxury retailers spread out to new parts of Paris
Long staples of two-storied high-end Paris shopping districts, Avenue Montaigne and the Rue du Faubourg Saint-Honoré, luxury brands are expanding to new areas. Brands including LVMH and Richemont have acquired and renovated historic buildings to set up new shops and others including Ralph Lauren, Burberry and Hermès have opened high-profile Left Bank boutiques. The Wall Street Journal (01 May.) - Luxury brands look to narrow Europe-China price gap
LVMH and other luxury brands have been raising prices at home and narrowing the price gap between China and Europe as sales in China slow, says Luca Solca, global head of European equities at CA Cheuvreux, in an interview. "What we expect luxury-goods companies to have to do is progressively close the pricing gap and, more likely than not, this is going to come from stepping up prices outside of Asia." Bloomberg (01 May.) - Will China develop homegrown luxury brands?
Chinese manufacturers will soon start developing their own luxury brands in the face of ever-growing demand for high-end goods at home, some retail industry experts say. Some companies are looking to enter the luxury market faster through investments and acquisitions of existing brands. "Purchasing a luxury brand is a shortcut for Chinese enterprises by instantly acquiring a brand's heritage, which can span hundreds of years," said researcher Yang Qingshan. China Daily (Beijing) (01 May.)  | There are a number of reasons why shrewd staffing agencies run background checks on potential employees before inviting them in to their business. Failure to properly screen employees can have serious business and financial consequences. This free whitepaper outlines the risks that can arise from bad hires and how careful background screening can help mitigate those risks. |
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| SmartQuote | | | |  | Be regular and orderly in your life, so that you may be violent and original in your work."
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