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  | Global retail industry news |  |
- Global retailers team with utilities to sell electricity
Utility companies finding themselves in competitive situations as more companies deregulate are partnering with retailers including Marks & Spencer in the UK, Coles Supermarkets in Australia and Best Buy in the US to sell their electric services directly to consumers. "The better job we do to present a range of energy solutions beyond just providing power, we become a lot more valuable to that consumer," says Jason Few, president of Texas-based Reliant, which has teamed with Best Buy. The Wall Street Journal (15 Jun.)       | How to Get Leads From Search Advertising
Discover the various tactics that can significantly increase your online presence and build new business. Learn how to leverage Pay Per Click (PPC) advertising and Search Engine Optimization (SEO) to generate leads from Search Advertising. Register now for free webinar — June 28th, 2:00pm EST. |
 - French police break up fake Hermes bag ring
The French national police uncovered and dismantled an international group selling counterfeit Hermes bags with the help of two Hermes employees who have since been dismissed. About 12 people have reportedly been arrested in connection with the ring, and other Hermes employees may also be implicated, the company said. Women's Wear Daily (subscription required) (17 Jun.)  | Download Forrester Research, Inc.'s April 2012 report: SMB eCommerce Solutions 2012, A Guide To Selecting Your eCommerce Solution, and learn which SMB eCommerce solution you should consider for your business. Click here for your complimentary copy. |
 - China's mall developers go full-speed ahead
The pace of mall growth has China on track to boast more retail space than Europe within the next five to 10 years, according to CBRE Group. The rapid pace has resulted in largely vacant centers in some less-developed areas, even as retailers struggle to find space in more popular parts of the country. Reuters (15 Jun.)  | Considering outsourcing key HR functions? Examine data from nearly 170 small to mid-size companies and get quantitative data to support the validity of how outsourcing these functions can produce positive business results. Get the free report now! |
 - France's Groupe Casino boosts Brazil stake
French retailer Groupe Casino will take over Pão de Açúcar, Brazil's biggest retail chain, on Friday. The move gives the European company a boost and an advantage over rivals including Wal-Mart and Carrefour in one of the world's fastest-growing markets. The Wall Street Journal (17 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. |
 - China's foodies boost online shopping for edibles
A growing number of Chinese consumers are spending more of their food budgets online as they seek out unusual and sometimes exotic edibles not offered at the local supermarket. "I like to purchase food online because it allows me to buy food without geographical limitation and enables me to enjoy the best prices in the market," said 29-year-old Yang Hui, a white collar worker who spends about $635 on online food purchases annually. Asia News Network (18 Jun.) - French online retailer to open more stores
France-based online retailer Pixmania has opened 20 brick-and-mortar stores in Europe and plans to add new markets in the coming years as it appeals to the majority of consumers who still opt to buy their furniture, electronics and other items in stores, says co-founder and vice president Jean-Emile Rosenblum. Internet Retailer (14 Jun.)  | Hot off the Presses! Q2 2012 ERP Comparison Guide
Get off to a successful start in the new quarter by shortening the time needed to purchase ERP software. Begin accurately controlling costs, inventory, and revenue forecasts. Learn how in this free download from Ziff Davis. |
 | Spotlight on Mass Merchandise |  |  | | |  | - Hiring surges at Canada's factories
Factories in Canada added a record 115,000 new jobs during the past six months, and many manufacturers attribute the lion's share of the growth to a revival of the domestic economy. "Our Canadian business is strong, while our global business is less strong," says Mel Svendsen, CEO of Calgary-based auto parts maker Standen's Ltd. The Globe and Mail (Toronto) (14 Jun.) - China snaps up midsize manufacturers in Germany
Germany's typically family-owned midsize manufacturing businesses long withstood overtures from Chinese suitors, but recent economic turmoil in Europe has more of them agreeing to be acquired. Chinese players have acquired 21 of Germany's "Mittelstand" companies since the beginning of 2011, including nine so far this year. Bloomberg Businessweek (14 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. |
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| SmartQuote | | | |  | It is necessary to relax your muscles when you can. Relaxing your brain is fatal."
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British racing driver  |
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