| Global retail industry news |  |
- Big retailers eye smaller markets
Between volatile markets and maturing business, major retailers including Wal-Mart and Carrefour are increasingly turning their eyes to smaller markets, as illustrated by the latest Global Retail Development Index by A.T. Kearney. The index, which measures market attractiveness, country risk, market saturation and time pressure, featured six new entrants including Georgia, Azerbaijan and Mongolia in the top 20. Women's Wear Daily (subscription required) (11 Jun.)      - Report: Saskatoon sees shortage of retail space
Developers have boosted the retail real estate stock in Saskatoon, Saskatchewan, by 35% in the past five years, but the growth hasn't kept up with demand, according to a new report from Colliers International. The city's retail store vacancy rate sits at less than 2% and the market is likely to be tight for years to come as more retailers, including US companies, look to open stores in the city, the report says. The StarPhoenix (Saskatoon, Saskatchewan) (12 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. |
 - UK retailers have high hopes for Olympic gold
 Retailers in the UK are looking forward to a big sales boost from the upcoming London Olympics, an event expected to generate $1.16 billion in increased consumer spending. London's high street retailers are expected to see about $284.6 million in spending by visitors staying in the city and 5.5 million day-trippers, according to a report from Visa. Women's Wear Daily (subscription required) (08 Jun.) - H&M names design partner for next collection
H&M will partner with French design house Maison Martin Margiela for a capsule collection set to go on sale worldwide Nov. 15. The designer partnership follows successful collaborations with several other labels including Karl Lagerfeld, Comme des Garçons and Marni. Women's Wear Daily (subscription required) (11 Jun.)  | Discover Balanced Travel at Element Hotels
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  - Singapore's fashion players aim for bigger arenas
Singapore's tightly structured society hasn't fostered the kind of creativity designer brands need to propel their looks to the global scene -- until now. A handful of Singapore's fashion and footwear players are making international moves, including Charles & Keith International, which began significant international expansion in 2008 and now operates 297 stores in 32 countries. The Wall Street Journal (11 Jun.) - China's Li Ning issues profit warning
Weaker sales, increased competition and higher marketing costs associated with its Chinese Basketball Association sponsorship will result in substantially lower profits this year for sportswear brand Li Ning, the company said Monday. "Competition within the sporting goods industry has intensified, discount promoting efforts have further increased and the pressure of inventory clearance at the retail level remains strong," the company said. Reuters (11 Jun.)  | 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 |  |  | | - Alibaba to subsidize sellers this summer
China's Alibaba plans to spend $47 million on summer product promotions, some of it to provide subsidies designed to convince sellers on its Tmall site to cut their prices. The move is the company's latest in a growing fight for market share with rivals including 360Buy.com and Tencent Holdings. Bloomberg (11 Jun.) - Food makers spend more on supermarket marketing
Unilever Canada will soon spend nearly all of its annual $5 million marketing budget for Knorr products at the grocery store, aiming to boost sales with displays, tastings and chef appearances. The move illustrates a growing trend, as food makers invest more to market in store aisles, where shoppers now make 76% of their purchasing decisions. The Globe and Mail (Toronto) (11 Jun.) - Indian supermarkets suffer without foreign investors
The Indian government backtracked on a plan to allow foreign companies to partner with domestic retailers, a shift that has left the country's supermarket chains and grocery stores struggling. Future Group, the largest chain, has been selling off business units, and smaller players are pulling back on expansion plans; companies don't expect the government to address the issue again until after 2014 elections. Reuters (10 Jun.)  | 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. |
 | NRF News | | | | - Yusen Logistics COO shares keys to a better supply chain
Whether retailers are expanding or maintaining a presence in the marketplace, the sophistication of the transportation supply chain requires a strong relationship between retailers and transportation providers to ensure success and stability. As both sides begin gearing up for the contracting season, Yusen Logistics COO Michael Noone share insights into challenges for the year ahead, what retailers can do to strengthen partnerships with their transportation partners, and how transportation providers are taking corporate social responsibility seriously. Read more. Retail's BIG Blog (26 Apr.)
| SmartQuote | | | |  | Be brave enough to live creatively."
--Alan Alda,
American actor  |
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