| Global retail industry news |  |
 | 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. |
 | Retail in Europe |  |  | | - Luxury shoppers leave Germany's department stores behind
German department stores such as Kaufhof and Karstadt have long catered to their customers thrifty ways, but now a growing number are leaving them behind in favor of single-brand shops as they spend more on designer luxuries. "German department stores are not yet fully realizing the potential to exploit in the premium and luxury segments," said A.T. Kearney's Mirko Warschun. Bloomberg Businessweek (15 Jul.)      - Milan's La Rinascente unveils renovated fashion floor
Milan department store La Rinascente revealed the result of 18 months of remodeling on Friday, showing off a 23,760-square-foot women's fashion floor inspired by the historic city's courtyards. "This is how women shop today, designer brands combined with pieces by less mainstream, unusual labels," said fashion director Tiziana Cardini. Women's Wear Daily (subscription required) (13 Jul.)  | Scan as fast as you work. Scan as fast as 60 pages per minute with the new Canon DR-M160 and increase your productivity with a bigger daily scan volume of up to 7,000 pages. The document quality is improved with a scan resolution as high as 600 DPI.
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  - Sephora opens 1st of 30 planned stores in Brazil
US-based beauty retailer Sephora opened its first Brazil store in Sao Paulo last week, the first of four slated to launch in the city this year and 30 planned to open in the country by 2016. Brazil ranks as the third largest global market for beauty products and it's growing the fastest, according to A.T. Kearney. Women's Wear Daily (subscription required) (13 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. |
 | E-commerce Spotlight | | | | - Fashion fans turn from M&S to online shopping
Despite high-profile, supermodel-studded ad campaigns, Marks & Spencer has been steadily losing shoppers to online fashion sites such as Asos, which last week reported a 49% sales jump even as M&S said sales were down 6.8% in the first quarter. CEO Marc Bolland told shareholders it would take a year to turn apparel sales around, as the retailer opens new international stores and ramps up its own online retail efforts. The Guardian (London) (14 Jul.), The Telegraph (London) (15 Jul.) | Spotlight on Mass Merchandise | | | | - China's labor shortage may prove positive
Wages are rising in China and factories and other businesses are still having trouble finding enough workers, despite slowing growth in the country's economy. Demand for workers outpaced supply in 91 Chinese cities during the first quarter, a trend that means the government likely won't have to enact massive stimulus programs, experts say. The Wall Street Journal (15 Jul.) | NRF News | | | | - Mobile POS: The opportunities and risks of leveraging new retail technology
New mobile point-of-sale technologies offer retailers the opportunity of cutting costs while improving customer service, but they also come with serious questions about security and loss prevention. In a recent speech at NRF's Loss Prevention Conference last month, NRF Senior Asset Protection Advisor Joe LaRocca outlined specific issues with implementing mobile POS and e-receipts, and how retailers can prepare for leveraging these new technologies. Read more. Retail's BIG Blog (21 Jun.)
| SmartQuote | | | |  | Those who do not move do not notice their chains."
--Rosa Luxemburg,
Russian-German political theorist, economist and revolutionary  |
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