Friday, October 15, 2010

15 October 2010 - Gap strives to boost international and online sales

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15 October 2010
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Global retail industry news
 
  Global Industry Watch 
 
  • Gap strives to boost international and online sales
    International and online sales accounted for 12% of Gap's revenue in 2009. By 2013, the company expects those areas to account for a quarter of its revenue. "We're making the investments necessary to shift the balance of revenue over time to come increasingly from our online and international businesses," CEO Glenn Murphy said. Those investments include launching new stores in Italy and China. Bloomberg Businessweek/The Associated Press (14 Oct.) LinkedInFacebookTwitterEmail this Story
  • NRF: VAT would eliminate 850,000 jobs in the US
    A European-style value-added tax would result in drastic consequences to the US economy and the retail industry, potentially cutting $2.5 trillion from consumer spending during the next 10 years and eliminating 850,000 jobs almost immediately, according an NRF report. "Supporters claim a VAT is the solution to the nation's economic ills, but nothing could be further from the truth," said NRF President and CEO Matt Shay. "This report has found that a VAT would have negative economic consequences for most working Americans alive today." The Washington Post (14 Oct.) , Reuters (14 Oct.) LinkedInFacebookTwitterEmail this Story
  • Other News
In any industry, operational excellence revolves around key business outcomes including productivity, cost control, and quality of service. For retailers, all of these outcomes are highly, if not entirely, dependent on the quality of the workforce and how it is managed. Find out what challenges retailers are facing, and what a workforce management solution can do for your bottom line.
  Retail in Europe 
 
  • Tesco asks suppliers to reduce carbon emissions on products
    Tesco has asked 1,200 of its suppliers to lower the carbon emissions on the products the major retailer sources through them by 30% over the next decade. Tesco executive Richard Brasher said the letter was not a demand but rather part of an effort to gain the "help and collaboration" of its suppliers on environmental programmes. Telegraph (London) (13 Oct.) LinkedInFacebookTwitterEmail this Story
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  Retail in Asia 
 
  • McDonald's 100th outlet in Shanghai opens in financial center
    Huang Hongfei, vice president and general manager for the central region of China for McDonald's, said the company is proud to launch its 100th Shanghai restaurant in the city's International Financial Center. The recently opened restaurant also represents a "new look" for the company that includes an increased focus on value for money and other changes. ChinaRetailNews.com (15 Oct.) LinkedInFacebookTwitterEmail this Story
This report provides a review and assessment of the strategic innovation options that CPG companies should examine. It also covers the need to develop a coherent innovation strategy across categories and platforms and for alignment with overall corporate strategy: Click here to find out more.
  E-commerce Spotlight 
 
  • Amazon patents environmentally friendly system
    The US Patent and Trademarks Office recently granted Amazon a patent for "environmentally conscious electronic transactions". Amazon's new system would allow customers to limit the environmental effect of their purchases by choosing recyclable packaging and slower methods of shipping. Consumers also could be able to compare the environmental differences between buying online and making a similar purchase at a traditional store. Financial Times (tiered subscription model) (15 Oct.) LinkedInFacebookTwitterEmail this Story
Guide to Persuasive Presentations
This Harvard Business Review Guide is packed with practical advice on everything from structuring content to overcoming stage fright. Get the tools and confidence you need to shape your information for your audience and to master public speaking. Order here in print or PDF download.
  Spotlight on Fashion 
  • Joop is named "creative partner" at Galeria Kaufhof
    Galeria Kaufhof, the department store chain that is part of the Metro Group, has appointed German fashion designer Wolfgang Joop as a "creative partner". Joop will offer input on window display, visual merchandising, seasonal themes, campaigns, logos and other aesthetic endeavors. Women's Wear Daily (subscription required) (13 Oct.) LinkedInFacebookTwitterEmail this Story
  • Other News
  NRF News 
  • Study says Value Added Tax would cost US retailers $2.5 trillion over 10 years
    A new economic analysis released this week by NRF found that the creation of a European-style VAT, being proposed by some Washington policymakers to reduce the federal deficit, would result in the loss of 850,000 jobs in the first year. According to the study, such changes to federal tax policy would also reduce gross domestic product for three years and bring a permanent drop in retail spending totaling $2.5 trillion over the first 10 years. Read more. LinkedInFacebookTwitterEmail this Story
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Impossible is a word only to be found in the dictionary of fools."
--Napoleon Bonaparte,
French military and political leader


 
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Would you rather be in a meeting right now?

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October 15, 2010
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  What's Happening 
  • 3 ways to prevent brain drain from nonprofit boards
    Guest blogger Baron Christopher Hanson, principal of RedBaron Consulting, a branding + strategy + turnaround management firm based in Charleston, S.C., wrote about not-for-profit charity boards in a recent SmartBrief Insights post.

    "In today's economy, philanthropic boards are suffering multiple rounds of competition, stagnation and resignation. The modalities of giving have dramatically changed since national and local donation and sponsorship spigots have been tightened down to trickles. Ironically, the work of nonprofit and philanthropic support is more daunting than ever. Therefore, aggressive turnarounds are needed.

    "Unlike FOR-profit boards, whereby 'membership hubris, social atmosphere and professional opportunities detract from governance,' writes Roger Martin, dean of the Rotman School of Management at the University of Toronto, I would argue that NON-profit board members require modest degrees of social recognition, personal enjoyment, modern conveniences and indirect professional opportunity. The challenge for executive directors and chairpersons going forward is two-fold: attracting quality board and committee members and opening their minds to occasional doses of capitalism."

    Read the complete post and join the conversation.
  • How to use social tools to create real-world engagement
    A growing number of small businesses are using digital platforms to build offline communities, with tools such as Meetup, Craigslist and Facebook helping owners to arrange real-world meet-and-greets and hobby groups related to their area of business. That can be a powerful way of building engagement, says Meetup co-founder and CEO Scott Heiferman, and a way to "connect your customers to each other and create communities." SmartBrief/SmartBlog on Social Media (10/12)
 


  Leadership Focus 
  • Would you rather be in a meeting right now?
    Everyone knows that lengthy meetings are a massive drain on managers' time and energy, but the truth is that most bosses secretly love meetings, writes Ron Ashkenas. For all of their flaws, meetings encourage social interaction, keep everyone on the same page and allow leaders to reinforce the office hierarchy. "Complaining about too many meetings or poorly run meetings won't do much good," Ashkenas writes. "Like moths to a flame, we'll keep coming back, no matter what we say." Harvard Business Review online/Ron Ashkenas blog (10/5)
  • 7 tips to make your PowerPoints sing
    You can make your audience sit up and pay attention if you follow a few simple rules the next time you make a PowerPoint presentation. Avoid straining viewers' eyes with a white background, keep your font size to a minimum of 28 points, illustrate key concepts with graphics and remember to engage your audience with questions, advises Stephen Kosslyn, a Harvard University professor and author of "Better PowerPoint." "What people need to remember is that it's not about the slides. It's about understanding what the audience needs," Kosslyn says. USA TODAY/Gannett News Service (10/13)
 
  • 5 steps to digging out of a productivity rut
    If you feel yourself getting out of sync with your work, you can move yourself back into a productive state by recognizing signs that you're getting off task -- such as feeling uneasy or nervous, argue Rosemary Tator and Alesia Latson, authors of "More Time for You: A Powerful System to Organize Your Work and Get Things Done." Once you see the signs, you can take steps to refocus through breathing exercises, choosing a different task or setting a time limit for a certain job. SmartBrief/SmartBlog on Workforce (10/1)
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  • What we do
    SmartBrief publishes industry-specific e-mail newsletters in partnership with prominent associations, professional societies, corporations and nonprofits. More than 3.5 million executives and professionals rely on SmartBrief every day to stay informed and save them time. Visit here to view our partners, see samples and subscribe. For updates, follow us on Twitter or become a fan on Facebook. Want to explore partnering? Let's talk.
  Media 2.0 
  • How to cope when an employee goes rogue
    An H&R Block employee told his Twitter followers to call the company's customer-service desk and ask for him by his social-media name, "Kid Fury." "What Kid Fury didn't realize was the impact of his tweets. People searching online for H&R Block help came across his 'just for fun' tweets in their search results," says Zena Weist, the company's social-media chief. To avoid running into similar problems, Weist recommends carefully monitoring mentions of your brand on social platforms, and shutting down rogue operatives as quickly as possible. Web Ink Now (10/7)
  • How to attract Facebook fans for $0.07 apiece
    A well-run Facebook ad campaign can boost your following for next to nothing, writes Brian Carter. By carefully targeting ads and tailoring his content to his target demographic's likes and dislikes, Carter shows how he managed to achieve a peak cost-per-fan of $0.07, and an average cost-per-fan of $0.32. AllFacebook.com (10/12)
 
  • Why crowdsourcing campaigns stumble
    Crowdsourcing can be a powerful tool, writes Geoff Livingston, but it's easy for things to go wrong. It's important to pick a subject that people care enough about to want to participate in, to plan and structure your campaign carefully before its launch and to monitor the process carefully to ensure people aren't seeking to game the system. "Crowdsourcing isn't as easy as it seems. But by identifying potential challenges, you'll be well on your way to success," Livingston writes. Mashable (10/12)
  • Other News
  SmartNugget 
  • Have zombies taken over your organization?
    Many groups are staffed by zombies -- not B-movie undead, but workers tainted by an infectious passivity and lack of creativity, write H. James Wilson and Kevin Desouza. The contagion usually starts at the top, and to survive you'll need to be proactive about rekindling your workers' creativity and finding ways to put their ideas into practice. Harvard Business Review online/Research blog (10/12)

 
 
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Thursday, October 14, 2010

Google Alert - consumer packaged goods

News1 new result for consumer packaged goods
 
P&G: Focusing on People–Not "Consumers"–And Acts of Kindness
Forbes (blog)
P&G, the packaged goods behemoth, has come out the recession with the realization that people—Pritchard used that term repeatedly instead of "consumers ...
See all stories on this topic »


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