Tesco struggles to find the right US strategy

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19 January 2012 Sign up Forward Archive Advertise Global retail industry news   Global Industry Watch  David Jones bets on Brisbane with new store Australian retailer David Jones plans to open a 14,200-square-meter, two-story store as part of a $450 million redevelopment and expansion of the Indooroopilly Shopping Centre in Brisbane. "It's the best demographic profile in metropolitan Brisbane and is a centre we have wanted to be present in for some time as we believe its high-growth, high-value demography is a perfect fit for our customer offering," said CEO Paul Zahra. The Courier-Mail (Brisbane, Australia) (19 Jan.)        Retail in Europe  Turkey's younger consumers fuel new mall development Turkey, one of the last European countries to welcome modern shopping centers, is making up for lost time. The country has one of the youngest populations in Europe, making it attractive to mall developers, who have 30 new shopping centers in the works in Istanbul alone. Bloomberg (18 Jan.)      Tesco struggles to find the right US strategy Tesco launched its first Fresh & Easy store in the US with great fanfare five years ago, but the UK-based supermarket chain has struggled since as it tries to find the right recipe for success in America, this story says. The chain recently said it would close 12 underperforming stores and open 25 new locations in more affluent areas. The Guardian (London) (18 Jan.)        Retail in Asia  FamilyMart to open 600 stores in Indonesia, the Philippines Japanese convenience store operator FamilyMart plans to open 300 new stores each in Indonesia and the Philippines by 2015, in a push to attract younger customers in those countries as business at home slows. The company, Japan's largest convenience store chain, operates 8,697 stores in Japan and 10,782 locations in other countries including Taiwan, South Korea and China. Bloomberg Businessweek (18 Jan.)      Forever 21 plans China growth strategy US apparel retailer Forever 21 opened its first store in Hong Kong this week and plans to expand in Beijing and Shanghai this year. The fast-fashion chain, which is making its second attempt to break into the Chinese market, expects to open "many" new stores in the country during the next decade, an executive said. Women's Wear Daily (subscription required) (18 Jan.)      Other News KFC targets India's youth in a push to build brand loyalty The Economic Times (India) (18 Jan.)        E-commerce Spotlight  China says Taobao's "notorious" designation isn't fair China's Commerce Ministry objected this week to the inclusion of Alibaba Group's Taobao on a US list of notorious markets for piracy, and said the US needs to be more objective when judging the country's record on intellectual-property rights. The company has worked to eliminate fakes on both its Taobao Marketplace and Taobao Mall retail sites, but some companies are still reluctant to sell there because of counterfeit worries. The Wall Street Journal (19 Jan.)        Spotlight on Consumer Electronics  China Unicom undercuts Apple with cheaper smartphones China Unicom Hong Kong said it has significantly boosted its base of wireless subscribers by switching from a strategy of promoting high-end iPhones to selling rival devices that cost about 80% less. "If a vendor offers a phone that can do most of the things a high-end device can do, there's no reason people won't bite," said analyst Teck Zhung Wong. Bloomberg Businessweek (19 Jan.)      4 Canadian retailers find fake iPads made of clay Wal-Mart, London Drugs, Future Shop and Best Buy have reported finding fake iPad 2s made of clay on the shelves at their stores in Canada. The stores say someone apparently bought the gadgets, replaced them with clay, resealed the boxes and returned them for refunds. United Press International (18 Jan.)      Dixons reports higher profits on more full-price sales Dixons Retail reported a 7% decline in same-store sales for the quarter ending Jan. 7, but said profit margins were up as the UK's largest consumer electronics chain sold more gadgets at full price. Bloomberg (17 Jan.)        NRF News  How to prepare for Store 3.0 Store 3.0 is already here. And retailers who are leveraging all channels and technologies are in a prime position to grab those essential sales from the highly-connected and savvy consumer. In a recent Retail's BIG Show session, Deloitte's Alison Kenny Paul shares statistics about the changing retail landscape and how to alter your core brand elements to stay relevant in the coming years and beyond. Read more.      Join NRF  |  NRF Events  |  FIRAE  |  STORES  |  Training and Certification   SmartQuote  For the person for whom small things do not exist, the great is not great." --José Ortega y Gasset, Spanish philosopher and essayist        This SmartBrief was created for cpgbrokers.data@blogger.com   Subscriber Tools       Update account information | Change e-mail address | Unsubscribe | Print friendly format | Web version | Search past news | Archive | Privacy policy Grab our News Widget Publish your Press Release   Advertise Associate Publisher:  Dena Malouf (202) 407-7837 Download Media Kit       Recent NRF Global SmartBrief Issues: Wednesday, 18 Jan 2012 Tuesday, 17 Jan 2012 Monday, 16 Jan 2012 Friday, 13 Jan 2012 Thursday, 12 Jan 2012     Lead Editor:  Liz DeHoff       Mailing Address: SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004 USA     © 1999-2012 SmartBrief, Inc.® Legal Information

What does the future hold for self-service POS? -- STORES Weekly

January 19, 2012 Vol. 3, No. 3 Sponsored by SAS Man vs. Machine What does the future hold for self-service POS? Despite announcements that a few retailers were removing self-service kiosks, IHL Consulting Group is predicting an increase in the number of self-checkout units deployed over the next several years. Tell a Friend PunchTab uses social media to draw in customers Launched earlier this year by the founder of YouSendIt, PunchTab is seeking to help businesses leverage social media by offering a free digital loyalty program to promote website visits. Seeing is Buying Customer-centric e-commerce solutions deliver life-like shopping Fashion retailer Isaay.com has seen dramatic increases in traffic and conversions since launching a new website using the Fluid Experience platform. On the Go Brighton Collections rolls out mobile point-of-sale The Apple Store's use of handheld POS devices is one of many reasons Brighton Collections has introduced mobile solutions throughout their chain of fine goods accessory stores. Eye in the Sky Web-based camera platform keeps Sephora’s build-outs on track For Sephora, the ideal property development solution could remotely deliver first-hand project insight so that executives could monitor quality control and document compliance. advertisement Optimizing Price in a Transparent World This benchmark pricing report by Retail Systems Research examines the challenges and opportunities presented by the new retail landscape and provides five recommendations for how retailers can adjust to consumer price transparency. Extreme Solution? -- All too often shop owners find themselves in a location that isn’t working. What if you could pack up your merchandise and head elsewhere? Enter ExTreme ReTrailers. Failure is Not an Option ... -- The “Seven Most Stunning Website Failures of 2011” has a handful of retailers in the mix – but they are in good company. The Secret’s Out -- To mark the company's 125th anniversary, Coca-Cola is now sharing its biggest secret with the world … sort of. Clandestine Returns? -- A recent survey finds that 21 percent of adults said it was “very likely” that they would return a gift they didn't like, and 17 percent admit they’ve gotten “caught” doing so. Pacific Sunwear has selected First Insight to provide consumer-driven analytics intended to help the retailer make faster and more accurate design, buying and pricing decisions. Jesta I.S. has entered into a channel partnership agreement with NCR Corporation to offer POS solutions that are ready to implement “out-of-the-box” and combine the NCR RealPOS terminals and Jesta Vision Store software in the Canadian market.  Target Corporation has selected the Retalix 10 Store Suite as its next-generation store platform for the retailer's new operations in Canada. Vector Security and Spacenet have entered into a strategic marketing relationship to make managed network services available to Vector Security’s national accounts and commercial customers, and introduce Spacenet’s customers to the array of interactive security products and services available from Vector Security. Eastern Mountain Sports has piloted the VeriFone GlobalBay iPad solution in four stores and is readying a 2012 rollout. Zebra Technologies Corporation and Checkpoint Systems have entered into a cooperative relationship and licensing agreement. Follow STORES Media on Optimizing Price in a Transparent World This benchmark pricing report by Retail Systems Research examines the challenges and opportunities presented by the new retail landscape and provides five recommendations for how retailers can adjust to consumer price transparency.   Whitepapers The Ups and Downs of Network Availability Optimizing Price in a Transparent World Consignment sales: Market Penetration VS Risk Mitigation Increase Your Hiring Performance with the Ultimate Recruitment Technology Checklist! The Roadmap from Multi-Channel to Cross-Channel Retailing Floor Planning: Shifting From a Tactical to a Strategic View Cashing in on the Mobile Bar Code Revolution Midmarket Retail Bounces Back Upcoming Event Collaborative Localization: Visibility at the Store Shelf STORES Webinar Thurs, Feb 9 at 2 p.m. Eastern

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