Reading this on a mobile device? Try our optimized mobile version here:

13 November 2012
Sign upForwardArchiveAdvertise
Global retail industry news

  Global Industry Watch 
  • Brick acquisition is just the beginning, Leon's says
    Toronto-based Leon's Furniture's deal to acquire rival the Brick is likely just the first step in an expansion plan that would eventually bring the brands to the US, president and CEO Terry Leon said Monday. The company will continue to run both brands as separate entities, while realizing economies of scale that will help both chains cut costs as they face growing competition. The Toronto Star (12 Nov.) LinkedInFacebookTwitterEmail this Story
  • Chanel's Eres expands its global reach
    Chanel-owned luxury lingerie and swimwear brand Eres opened its first boutique in Istanbul in September and will debut in Kiev and St. Barth's later this year. The new shops are part of a larger global expansion plan that will give the young brand a total of 31 locations worldwide by the end of 2012. Women's Wear Daily (subscription required) (12 Nov.) LinkedInFacebookTwitterEmail this Story
  Retail in Europe 
  • High street retailers welcome early Christmas
    Debenhams will launch a six-day holiday spectacular sale this week, with discounts up to 25%, making it the latest UK retailer to get an early jump on holiday shoppers in a push to end the disappointing year on a higher note. Chains including Marks & Spencer, Hobbs and H&M are also doing earlier promotions, driving experts to forecast a deeply promotional holiday season. The Telegraph (London) (tiered subscription model) (12 Nov.) LinkedInFacebookTwitterEmail this Story
  • Other News
  Retail in Asia 
  • Small merchants struggle in South Korea
    Samsung and others on the list of South Korea's 10 biggest family-run conglomerates or "chaebol" comprise more than half the value of the country's entire stock exchange, and many small merchants say the giants are winning at their expense. “To outsiders, it may seem like the economy is doing relatively well, but there are people stuck in the cracks of society where chaebol wealth was supposed to trickle down to,” said finance professor Kim Woo Chan. Bloomberg Businessweek (13 Nov.) LinkedInFacebookTwitterEmail this Story
  E-commerce Spotlight 
  • UK online shoppers to spend 20% of budget on m-commerce
    Consumers in the UK are on track to spend £4.6 billion on online shopping in the first two weeks of December, with 20% of it spent shopping via mobile devices, according to IMRG and Capgemini. "The high street as we knew it, where the 'showroom' inside the four walls of the store was the centre of our shopping experience, has transformed for ever. Consumers now carry a global store in their pocket allowing them to shop anytime, anywhere," said Olivier Ropars, senior director at eBay's mobile division. The Guardian (London) (12 Nov.), Internet Retailer (12 Nov.) LinkedInFacebookTwitterEmail this Story
  • Lazada aims to beat Amazon in emerging markets
    Online marketplace Lazada has raised $40 million in new funding to build out its shopping platform in parts of Asia. Lazada, launched by German incubator Rocket Internet, aims to succeed with an Amazon-like model in emerging markets including Vietnam and Malaysia where the online retail giant doesn't yet operate. TechCrunch (12 Nov.) LinkedInFacebookTwitterEmail this Story
  Technology Solutions 
  • Holt Renfrew gets social to woo younger shoppers
    Holt Renfrew has spent much of its 175th year building a social-media presence and digital strategy aimed at driving younger shoppers to its nine Canada stores. A campaign dubbed Hot@175 integrated a variety of elements from Twitter, Facebook and Instagram pages to digital video to a pop-up truck that traveled from town to town selling themed designer sweatshirts. Women's Wear Daily (subscription required) (13 Nov.) LinkedInFacebookTwitterEmail this Story
  Spotlight on Grocery 
  • Danish government drops 'fat tax'
    The Danish government has dropped the tax it implemented a year ago on food products that contain more than 2.3% saturated fat and won't move forward with a similar surcharge on sugar, as part of a national budget compromise. The taxes, aimed at helping Danes fight obesity, met strong criticism by retailers and food manufacturers, who said they drove consumer prices higher and put jobs at risk. The Grocer (U.K.) (12 Nov.) LinkedInFacebookTwitterEmail this Story
  • British dairies look to China for growth
    UK environment secretary Owen Paterson is leading a trade delegation on a fact-finding mission in an effort to determine how the government can help British dairy farmers ramp up their exports to China. "There is rapidly increasing demand for high-quality, reliable dairy foods, so it's a screaming good opportunity for us." The Grocer (U.K.) (12 Nov.) LinkedInFacebookTwitterEmail this Story
  • Other News
  NRF News 
  • The features, benefits and fundamentals for leveraging mobile POS
    Customers today expect a seamless multichannel experience, and mobile point-of-sale technology has become a predominate trend in successfully managing shopper expectations. In a STORES webinar on 15 November, executives from Celerant Technology and Motion Computing will explain how to utilize mobile POS to help increase employee efficiency and improve customer service on the front end, and how to use this technology for immediate access to product and customer information to create a seamless shopping experience. Learn more or register. LinkedInFacebookTwitterEmail this Story
Join NRF | NRF Events | FIRAE | STORES | Training and Certification

For the happiest life, rigorously plan your days, leave your nights open to chance."
--Mignon McLaughlin,
American author and journalist

LinkedInFacebookTwitterEmail this Story

Subscriber Tools
Print friendly format | Web version | Search past news | Archive | Privacy policy

Associate Publisher:  Dena Malouf 202-407-7837
 Recent NRF Global SmartBrief Issues:   Lead Editor:  Liz DeHoff
Mailing Address:
SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004 USA
© 1999-2012 SmartBrief, Inc.® Legal Information