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| Global retail industry news |  |
- LS Travel buys New Zealand duty-free stores
LS Travel Retail Asia Pacific has acquired Duty Free Stores Wellington Limited, and will take over operations of the company's duty-free shops at four airports in New Zealand and two in Australia. The deal also includes the company's online retail operations and a store in downtown Hamilton, New Zealand. Inside Retailing Online (06 Jul.)       | Top 5 HR Compliance Concerns for Small Business
Small and medium sized companies spend a lot of time focusing on core business issues, but they may overlook one of the most potentially serious and costly issues — regulatory compliance. How do you know what issues to look for in order to protect the company? Download this must-read paper that discusses the top 5 HR compliance issues. |
 - Tesco gives loyalty points for Facebook sharing
Tesco is offering its customers double Clubcard loyalty points when their promotion of specific products leads their friends to make a purchase. "More and more of our customers are using Facebook to chat about and recommend products they like from Tesco Direct," said marketing director Matthew Entwistle. Brand Republic (U.K.) (05 Jul.)  | 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. |
 | Retail in Asia |  |  | | - Apple's retail growth in China lags
Apple operates just six retail stores in all of China, a country that delivers a fifth of the company's revenue, and expansion progress is lagging behind the goal set in 2010 to have at least 25 stores there by this year. Strong demand for Apple products feeds a growing gray market and has led to the creation of copycat Apple stores in some smaller cities. The New York Times (tiered subscription model) (05 Jul.) - J.Front to boost its stake in boutique mall chain
Japan-based department store company J.Front will pay $531.36 million to increase its equity stake in boutique mall operator Parco to 65%, the company said. The retailer is looking to strengthen its partnership with Parco, as both companies look to appeal to 20- and 30-something urban shoppers. Reuters (05 Jul.) - China's e-commerce companies defer profits in growth mode
China's online retail industry is set to overtake US e-commerce as early as next year, according to some estimates, and some companies are taking losses now and investing in infrastructure in pursuit of a bigger piece of the fast-growing market. "The profit of almost every e-retailer was very low because they are investing lots of money into infrastructure and hoping to grab more market share," says Jingwen Ruan, chief operating officer of iResearch. Internet Retailer (05 Jul.)  | 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. |
 | Spotlight on Fashion | | | | - Superdry looks online for sales growth
UK-based Supergroup aims to partner with a digital ad agency to build a content hub designed to promote e-commerce at Superdry, the company's apparel retail chain. Superdry has been struggling to build same-store sales after a period of rapid growth. Brand Republic (U.K.) (03 Jul.) | NRF News | | | |
| SmartQuote | | | |  | Courage is going from failure to failure without losing enthusiasm."
--Winston Churchill,
British prime minister  |
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