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 Global retail industry news |  | - Canada's retailers fight for the right to refuse high-fee cards
The Canadian Federation of Independent Business is pushing Canada's government to create more flexible rules that would allow merchants to add surcharges or refuse major credit cards that come with high swipe fees. "Merchants have had a 30-per-cent increase in their costs in the last two years because of premium [credit] cards," said President and CEO Dan Kelly. The Globe and Mail (Toronto) (17 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. Scan more for less. |
 - Germany's Karstadt to cut workforce by 10%
German department store chain Karstadt will cut 2,000 workers or about 10% of its total staff during the next two years. The cuts will begin in September, when a three-year, post-bankruptcy pact that prohibited the company from cutting workers comes to an end. Women's Wear Daily (subscription required) (17 Jul.) - UK fashion brands launch yearlong training course
UK retailer Aurora Fashions, the owner of Coast, Oasis and Warehouse, has created a yearlong retail training course for workers that will give participants credit toward a degree at University of Derby Corporate, the company said. It's the latest example of a company teaming with a UK university in an effort to tailor educational programs to employers' workforce needs. The Telegraph (London) (13 Jul.)  | We're Not Just Bankers, We're Builders GE Capital offers businesses and consumers around the globe an array of financial products and services, helping to build businesses through capital, insight, knowledge and expertise. We're not just bankers, we're builders. Visit GE Capital. |
  Retail in Asia |  |  | | - Adidas to shutter factory in China
Adidas will close its only owned apparel factory in China, a 160-person plant in Suzhou, in October and shift production to other Chinese manufacturers in a move aimed at improving efficiency. The German-based sportswear maker and others including Nike, Peak Sports and Li Ning are seeing slower sales in China. The Wall Street Journal (18 Jul.) - Tesco puts Marketplace media splash on hold
Tesco has reportedly postponed a planned advertising campaign to promote its online Marketplace, in the hopes it will sign new big brands before it makes a major media splash. The site has signed electronics retailer Maplin, garden plants supplier Crocus, baby brand Mamas & Papas and six smaller retailers since launching in April. Brand Republic (U.K.) (17 Jul.)  | Knowing your customer better comes with undeniable benefits. But challenges arise from behaviorally-targeted advertising with critical caveats on the management of personally identifiable information. Learn to balance profitable marketing, regulation and consumer trust in this FREE white papaer. |
 Spotlight on Luxury Goods |  |  | | - Luxury brands hold off on airport stores in India
India's airports aren't yet ready for high-end retail brands, say luxury retailers including Salvatore Ferragamo and Louis Vuitton. "The profile of consumers is very important. In India, it takes long for a high-end luxury brand to make an airport store profitable. It is quite challenging," admits Romy Juneja, chief commercial officer, Delhi International Airport. The Economic Times (India) (17 Jul.) - Luxury watch brand Hublot invests more in slow times
High-end watchmaker Hublot has ramped up its investments in research and development of new products, seeing spending as its key strategy for fighting a global spending slowdown. "There is only one way to catch up, that is to make more noise than others, to make more noise, you need more investments," said CEO Jean-Claude Biver. CNBC (14 Jul.) - James Ferragamo follows in family's footsteps
As director of women's leather goods for Salvatore Ferragamo, James Ferragamo is carrying on the traditions of the company his grandfather founded while coping with the changes that come when a family business goes public. In this interview he talks about how the luxury brand has been changing with the times. Women's Wear Daily (subscription required) (16 Jul.) NRF News |  |  | | - Retailers and cross-channel consistency: A global report
Retailers meeting today's cross-channel demands for seamless functionality is no small task -- especially when magnified to markets across the world. In a new post on the Shop.org blog, Okamura Consulting's Jim Okamura shares the background of their recently released report, which tallied how 144 multichannel retailers were delivering in 17 markets across the world, and puts in perspective the tactics that are positioning retailers as cross-channel champions. Read more. Shop.org Blog (16 Jul.) SmartQuote |  |  | |  | We should see dreaming as one of our responsibilities rather than an alternative to one." --Mary Engelbreit, American graphic artist and illustrator  | | | This SmartBrief was created for cpgbrokers.data@blogger.com |
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