| Global retail industry news |  |
| Global Industry Watch |  |  | | - More upscale retailers accept China's UnionPay cards
Saks and Neiman Marcus will add new PIN-based systems at stores in select markets that will allow them to accept China's UnionPay debit cards, the preferred method of payment among China's wealthiest consumers because it's the easiest way to access cash for major purchases. Macy's has accepted the card since 2004, and luxury retailers on New York's Fifth Avenue, including Van Cleef & Arpels, Cartier and Piaget, also accept it. Women's Wear Daily (subscription required) (06 Aug.)      | Retail in Europe | | | | - Report: Olympics gave UK retail sales a boost in July
UK same-store sales rose 0.1% in July, driven largely by higher food and drink sales in the first days of the London Olympics, according to the British Retail Consortium. "With only the opening couple of days of the Olympic Games covered by these statistics we'll have to wait a while to assess the overall impact on retail sales," said Director General Stephen Robertson. Bloomberg (06 Aug.) - Equity firm to acquire Germany's Schustermann & Borenstein
Axa Private Equity will acquire a majority stake in family-owned German apparel exporter Schustermann & Borenstein, the companies said Monday. The owners will retain a minority share in the company, which exports apparel to Eastern European countries and also sells surplus stock in outlet centers and online. Reuters (06 Aug.) | Retail in Asia | | | | | Retail in Latin America | | | | - Colombia's apparel makers eye bigger US business
Clothing and textile makers in Colombia hope a trade agreement with the US that took effect May 15 will boost demand for just-in-time orders that can't be filled as quickly or conveniently by Asian factories. "Fashion quick response is the only way we can compete with Asia," said Luis Fernando Restrepo, owner of Grupo Crystal, which expects the pact to facilitate private-label orders to chains including Dillard's, Target, Macy's and Nordstrom. Women's Wear Daily (subscription required) (06 Aug.) - Vietnam makes progress on the e-commerce front
E-commerce is on the rise in Vietnam, and online retail sales are on track to increase to $6 billion by 2015. The infrastructure and legal issues that held the country's online industry back a few years ago have largely been solved, but online retailers are still working to overcome hurdles including consumer trust issues and dispute settlement, said Nguyen Thanh Hung, deputy chairman of the Vietnam E-commerce Association. Bangkok Post (Thailand) (06 Aug.)  | Accomplish more & spend less with Xerox printers
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 - Tesco rolls out grocery-ordering screens at Gatwick
Tesco has added 10 screens filled with popular products in the departure lounge at London's Gatwick airport, hoping to encourage people to place an order while waiting for their flights. Using their mobile phones, customers can assemble a grocery order and schedule delivery for soon after they return from vacation. The Guardian (London) (06 Aug.) - Tesco to add US-branded snack sections: Tesco is reportedly preparing to add new sections to three stores, which will feature a slew of popular US snack products, including Hershey's chocolate and Jack Link's meat snacks, with plans to do a wider rollout later. Grocers are seeing a growing demand for US products, distributors say, and rival ASDA added new US-branded confectionery sections in 100 stores last month. The Grocer (U.K.) (04 Aug.)
- Guiding Stars breaks into Canada with Loblaw deal
Guiding Stars, which makes nutrition shelf tags, is entering Canada, providing tags to the nation's largest supermarket chain, Loblaw. The retailer will host Guiding Stars Dietitian Day on Saturday to help consumers understand the system, which rates the nutrient density of food and drinks on a scale of zero to three stars. Supermarket News (03 Aug.) - Former ASDA chief turns to online bike sales
Former ASDA chief executive Andy Bond is bullish on the future of Internet retail, so much so that he has taken the helm of online bicycle retailer Wiggle. "What the Internet is doing is providing a platform to create the first truly global retailer," he said. The Telegraph (London) (05 Aug.)  | We're Not Just Bankers, We're Builders
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  | NRF News | | | | - How consumers' shipping expectations influence online shopping behavior
Shoppers now carry high expectations for online retailers, from flawless navigation across all devices to safe and secure transactions. But where do shipping habits rank on consumers' lists for a memorable e-commerce experience? In a new addition to the Shop.org white paper library, Newgistics tapped Harris Interactive to provide statistics as to why shipping should play an important role in any e-commerce strategy to acquire and keep customers. Download the white paper.
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