  | Global retail industry news |  |
- More of Israel's retailers open their doors on the Sabbath
A growing number of merchants in Tel Aviv and other Israeli cities are violating local laws and angering ultra-Orthodox Jewish leaders by opening for business on Saturday. Many say the $200 fine is worth it, more than offset by sales to increasingly affluent consumers who want to shop on the traditional day of rest. Los Angeles Times (tiered subscription model) (10 Jun.)       | Over 1,700 CMOs shared their insights on the fundamental shifts transforming business and the world. Find out how they are striking a better balance between investing in solutions that drive efficiency and those that improve decision making, foster collaboration,and enhance customer relationships. Download the free CMO Study! |
 - Ad agency's Paris shop sells convenient luxuries
At Publicis Drugstore in Paris, shoppers can buy everything from marshmallow fluff to a Marc Jacobs bag, from 8 a.m. to 2 a.m. every day of the year. Inspired by US convenience stores, Publicis Groupe founder Marcel Bleustein-Blanchet founded the store in 1958, as a way to both raise the agency's profile and offset the rent on pricey Champs-Élysées offices. Advertising Age (tiered subscription model) (11 Jun.) - Tesco's UK sales continue to fall
Same-store sales at Tesco's UK stores fell 1.5% in the quarter ended May 26, marking the fourth straight quarter of declines for the supermarket chain, which is struggling to win back shoppers in a challenging economy. "Confidence isn't getting any worse but it isn't getting any better," said CEO Philip Clarke. Bloomberg (11 Jun.), Reuters (11 Jun.) - Topshop taps Burberry PR executive for CMO post
UK-based fashion retailer Topshop has hired Burberry vice president for public relations Justin Cooke as its new marketing chief, effective in September. Cooke will take over the post as Topshop looks to expand its presence in the US and eyes possible expansions in continental Europe and Asia. Brand Republic (U.K.) (11 Jun.)  | Download Forrester Research, Inc.'s April 2012 report: SMB eCommerce Solutions 2012, A Guide To Selecting Your eCommerce Solution written by Brian K. Walker. Learn which SMB eCommerce solution you should consider for your business. For example, Forrester expects to see the advent of full-service offerings such as Amazon's suite of solutions. Download your complimentary copy now. |
  | Where Government Actions Meet Business Decisions.
Understand the impact of legislative, regulatory and spending actions on your business with an online tool featuring customized government-related data, news and analysis.
Visit bgov.com/SeeTheImpact for more information. |
 | E-commerce Spotlight |  |  | | - How Amazon became a retail game changer
A long-term view and laser-like focus on analyzing data have given Amazon a leg up over its retail rivals and changed the way global retailers must operate, analysts say. "Competing with Amazon may not be the only answer -- participating may also be necessary," says analyst Michael Jary. Retail Week (U.K.) (subscription required) (11 Jun.) | Spotlight on Mass Merchandise | |  | | |  | - European food brands likely to flourish
European food makers including Nestle, Unilever and Danone are set for a strong year as commodity prices fall and demand for name brands grows stronger in developing countries. "Only about 30% of their sales are in Europe now. They are truly global players with a majority of their sales in emerging markets," said Bernstein analyst Andrew Wood. The Wall Street Journal (10 Jun.) - China's strong May trade surplus contrasts with domestic slowdown
China's May exports surged 15.3% from the year-earlier figure, easily topping analysts' forecasts and suggesting that global economic ills, principally in Europe, have yet to touch China. However, industrial output for the month and retail sales came in lower than expected. With the robust export performance, "the key to securing a soft landing pivots on reviving domestic demand, and that will necessitate more stimulus, but it will be more measured than in 2008 and monetary policy won't be eased excessively," observed Sun Junwei, a Beijing-based economist with HSBC Holdings. The Australian (subscription required) (11 Jun.), Bloomberg (10 Jun.), Financial Times (tiered subscription model) (10 Jun.)  | Deliver a Personal Shopping Experience Across Multiple Channels
View this webinar to learn how Moosejaw Mountaineering, an outdoor recreation apparel and gear retailer, gets into the heads of its customers, finds out what they really want, and then engages the customer on a very personal level to deliver a seamless experience across all channels. Click here to view the webinar now. |
  | NRF News | | | | - What military leadership skills can bring to the retail supply chain
In times of crisis, it's training, leadership and personal accountability that help bring about speedy resolution. At NRF's Global Supply Chain Summit, Ret. Commander Kirk Lippold of the US Navy shared his experience as commanding officer of the USS Cole including how military leadership skills helped bring an end to a terrorist attack on his ship as well as how these types of experiences enable veterans to excel in the very complex supply chain field. Read more.
| SmartQuote | | | |  | Most people never run far enough on their first wind to find out they've got a second."
--William James,
American psychologist and philosopher  |
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