Friday, February 3, 2012

Europe's retail sales fell in December

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03 February 2012
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Global retail industry news

  Global Industry Watch 
 
  • Target identifies 3 Calgary stores set to open next spring
    Three former Zellers stores in Calgary will re-open as Target stores in spring 2013, after six to nine months of renovation expected to cost between $10 million and $11 million per store, the company said Thursday. Target, which last year acquired the leasehold interests in Zellers' stores, expects to open 125 to 135 locations in Canada, with most set to debut next year. Calgary Herald (Alberta) (02 Feb.) LinkedInFacebookTwitterEmail this Story
Leveraging Cloud Security to Weather Threatening Storms
Web attacks and retribution campaigns are on the rise, and they have become more frequent, more random and more extreme. This paper assesses the current cyber threat environment and discusses the use of distributed cloud services as an effective means to protect against evolving, modern-day IT threats.
  Retail in Europe 
 
  • Waterstones drops government-sanctioned unpaid work program
    UK bookstore chain Waterstones said it would stop using unpaid workers under a government-created Work Experience program that requires unemployed adults to work at area businesses in exchange for part of their unemployment benefits. A worker who says she was forced to work in a Poundland shop without pay for several weeks has filed a lawsuit against the Department for Work and Pensions. The Guardian (London) (02 Feb.) LinkedInFacebookTwitterEmail this Story
  • Europe's retail sales fell in December
    Retail sales in Europe declined unexpectedly in the final month of 2011, falling 0.4% in contrast to the 0.3% gain economists predicted, according to the European Union's statistics office. The region's double-digit unemployment rate and government austerity measures are leading many in the region to tighten their belts, economists say. Bloomberg (03 Feb.) LinkedInFacebookTwitterEmail this Story
  • Other News
Learn How to Cut HR Costs Without Cutting Production
Entrepreneurial execs know that they need to follow the rules, but they may not realize which decisions will lead to the two vital components that help keep HR costs low. The following paper focuses on minimizing human capital expenses in four key areas. Download the white paper, An Executive’s Guide to Cutting HR Costs to learn more.
  Retail in Asia 
 
  • Report: Holiday gift sales soar in China
    Sales of holiday gifts in China hit $122 million last year, with 60% of the purchases coming in the two months leading up to the annual Lunar New Year celebration, according to the China Gift Industry Research Institute. "World-famous luxury-brand goods such as handbags, watches, wines and the latest electronic devices such as all kinds of Apple products, especially those purchased overseas, have become the most popular gifts in recent years," said CGIRI chief Zhang Xiaopeng. China Daily (Beijing) (03 Feb.) LinkedInFacebookTwitterEmail this Story
  • Armani aims to open home furnishing stores in India
    Upscale Italian design brand Giorgio Armani aims to open the first of its Armani Casa stores in India in the next year, a senior executive said this week. Representatives of the high-end home goods and furniture brand are scouting for store space and talking with potential partners. The Economic Times (India) (02 Feb.) LinkedInFacebookTwitterEmail this Story
  • Other News
Consumer Insights Your Brand Needs to Know: Latest Trends in Behavioral Advertising
Learn what brand managers, advertisers, as well as networks, agencies, and publishers need to know about consumer survey insights into behavioral ad serving, also known as interest-based advertising. Learn more today!
  E-commerce Spotlight 
 
  • Online toy seller to cut costs with brick-and-mortar store
    UK toy retailer wheniwasakid.co.uk has sold exclusively online since launching five years ago, but now owner Paul Warner plans to open a brick-and-mortar high street location he says will allow him to both raise the brand's profile and boost profits. Dropping the pick-and-pack service he was using to ship products and using the back room of his new shop for shipping will result in a net savings of £6,000 this year, he says. ToyNews-Online.biz (U.K.) (01 Feb.) LinkedInFacebookTwitterEmail this Story
Retailers use video surveillance as a valuable tool to combat shrinkage, which can account for more than 2% of retail sales for some U.S. organizations. Shrink is up 6.6% in 2011 over 2010. This 6-page whitepaper from 3VR gives real examples on how retailers are increasing sales with video surveillance & analytics. Download it free today.
  Spotlight on Fashion 
 
  • H&M gives sneak peak of Beckham Super Bowl spot
    Swedish fashion retailer H&M this week unveiled the 30-second black-and-white Super Bowl commercial to promote David Beckham's Bodywear collection. The chain, which typically uses less-pricey online and print ad channels, invested heavily in the spot -- airtime during the game costs about £2.2 million. Brand Republic (U.K.) (31 Jan.) LinkedInFacebookTwitterEmail this Story
 
  • Other News
Costs are rising in China and Japan, prompting high-tech firms across Asia to consider new sourcing locations so they can remain efficient, while focusing more on service. What will be the impact of this behavioral shift? Learn about the findings in this free white paper.
  NRF News 
  • NRF releases 2011 Annual Report
    View a snapshot of NRF's successes within and on behalf of the retail industry by downloading a free copy of NRF's just-released Annual Report. The 2011 edition covers NRF's unprecedented Retail Means Jobs campaign, the industry's impact on Capitol Hill and thought leadership in national and international media, as well as a glimpse into all 2011 events, such as Retail's BIG Show, the Shop.org Summit and NRF's Loss Prevention Conference. Download the report. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
Have no fear of perfection -- you'll never reach it."
--Salvador Dali,
Spanish painter


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Thursday, February 2, 2012

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Record Crowds, Former President Clinton Mark 101st BIG Show --STORES Weekly

STORES Weekly
February 2, 2012 Vol. 3, No. 5
STORES First Edition
Record Crowds, Former President Clinton Mark 101st BIG Show
The NRF Annual Convention entered its second century by setting an attendance record and welcoming a former U.S. president for the first time in its history.

Sit Back and Browse
Tablet solution helps customers revel in the virtual shopping experience
Children’s clothing retailer Tea Collection has introduced a new tablet platform that fully integrates into the retailer’s existing e-commerce systems, brand assets and social presence.

A&P and the Struggles of Small Business
Marc Levinson: Economist, historian, author
In his book The Great A&P and the Struggle for Small Business in America, Marc Levinson tells the story of the company that once was the world’s largest retailer.

Linking Retail Theft to Terrorism
Knock-off merchandise and U.S. ORC gangs support global networks
Chances are, consumers who buy Gucci knockoffs are contributing financial support for al-Qaeda, street gangs and drug lords, according to a new book that untangles the twisted money trail.
STORES Trends            
CONCEPT2WATCH: The Art of Pizza -- When Zpizza opened in Laguna Beach, Calif., a quarter-century ago, it was anything but another fast food pizza parlor.

For the Love of the Logo -- Thanks to two Italian designers, the hippest college brand in Europe is a small liberal arts college in the heart of Pennsylvania’s Amish country.

Donut Dominance -- Dunkin’ Brands Group, who opened its 10,000th unit last month, plans to more than triple its overseas store count to 10,000 and to grow faster internationally than domestically.

A Whiff of Success -- Abercrombie & Fitch’s signature scent, a woody aroma called Fierce, is now the best-selling men’s fragrance in the U.S., and one of the top-selling in the world.
STORES Retail Deals  
Sears Canada has selected ADP’s Invoice Automation Suite to automate its accounts payable processes.

Bass Pro Shops has selected IBM and Aginity to improve the customer shopping experience.

RedPrairie has named Joe Juliano president.

South American retailer Grupo Pão de Açúcar has selected the SAP Carbon Impact OnDemand solution to monitor and manage carbon emissions and energy consumption in each of its 1,832 stores. 

Retail chain C. Wonder has launched the VeriFone GlobalBay Mobile and PAYware Mobile Enterprise Solutions in their stores.
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