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13 March 2013
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Global retail industry news

  Global Industry Watch 
  • Report: Governments, retailers can make factories safer
    Governments in Bangladesh, Pakistan and other garment-producing countries need to improve when it comes to properly inspecting factories, and global retailers should install safety programs and make audit findings known to help prevent future factory disasters, according to a new report from The Center for Research on Multinational Corporations and the Clean Clothes Campaign. The report comes after two factory fires last year that killed more than 400 workers. Women's Wear Daily (subscription required) (12 Mar.) LinkedInFacebookTwitterEmail this Story
  Retail in Europe 
  • Tesco to pay £50 million for Giraffe restaurant chain
    Tesco has sealed a deal to acquire the well-known high street restaurant brand Giraffe, which is slated to open its 48th unit this month. The move would give the supermarket chain the ability to open in-store Giraffe restaurants as part of a push to soften the stores, which also includes last month's announcement that Tesco bought a 49% stake in coffee shop brand Harris + Hoole and would begin opening shops adjacent to Tesco stores. The Telegraph (London) (tiered subscription model) (13 Mar.) LinkedInFacebookTwitterEmail this Story
  • ASDA may make a bid to buy HMV
    Wal-Mart-owned supermarket chain ASDA is reportedly considering a bid to buy music and movie retailer HMV, which has marked 103 of its 223 stores for closure since entering administration in January. Rival Morrisons has already claimed six of the closed stores to expand its convenience store chain, but sources say ASDA is interested in HMV as a separate brand. The Grocer (U.K.) (12 Mar.), The Sun (London) (12 Mar.) LinkedInFacebookTwitterEmail this Story
  Retail in Latin America 
  • Mexico's retailers see 5% sales rise in February
    The 30,000 retail members of Mexico's Antad saw strong overall sales growth in February and a 0.2% rise in same-store sales, despite the fact that the month was one day shorter this year. Department stores fared the best, with higher sales of shoes and clothing driving a same-store sales increase of 9.4%. The Wall Street Journal (12 Mar.) LinkedInFacebookTwitterEmail this Story
  E-commerce Spotlight 
  • Subscription model wins over Australian shoppers
    DailyJocks men's fashion blogger Nicholas Egonidis launched a subscription website six months ago that sells a monthly selection of underwear, an enterprise that's drawn about 5,000 subscribers. Subscription online shopping seems to be gaining more fans, especially when it comes to clothing and cosmetics. However, the model is likely to remain a niche in the larger online-retail picture, experts say. The Sydney Morning Herald (Australia) (12 Mar.) LinkedInFacebookTwitterEmail this Story
  Technology Solutions 
  • Report: Near-term mobile growth concentrated in developing world
    During the next five years, 80% of new mobile subscriptions will originate in the developing world, according to a report by Strategy Analytics. Although much of the projected growth to 8.9 billion subscriptions globally will come in China and India, the Middle East and Africa will account for substantial shares as well, the report says. TechCrunch (07 Mar.) LinkedInFacebookTwitterEmail this Story
  Spotlight on Luxury Goods 
  • Dior and Harrods celebrate 60-year anniversary
    Harrods will host nine separate Dior pop-ups and 33 window displays for a month starting this week, to celebrate spring and a collaboration that goes back 60 years. "Luxury is evolving at a very fast pace and we've seen huge growth coming from the power brands of the last decade, but also renewed interest and demand for craftsmanship and heritage," said Harrods chief merchant Marigay McKee. Women's Wear Daily (subscription required) (12 Mar.) LinkedInFacebookTwitterEmail this Story
  • Retail buyers bet on luxury footwear
    Style shifts in high-end footwear have retail buyers bullish on the category for fall, as fashionistas trade in their towering platforms for single-soled pointy toes, boots and flats. "Fall will be a season where fabrication and materials are so important. We saw less color in footwear and a greater emphasis on materials and interesting combinations," said Bloomingdale's fashion accessories director Brooke Jaffe. Women's Wear Daily (subscription required) (11 Mar.) LinkedInFacebookTwitterEmail this Story
  • Kate Spade to add iPads for in-store signage
    Kate Spade will begin using iPads as signage in its Saturday stores in Tokyo and roll them out in other markets, including the US, later this year. Taking a leaf from Apple's book, the stores will use the gadgets as signage that also let shoppers view product and demonstration videos. CNET (11 Mar.) LinkedInFacebookTwitterEmail this Story
  NRF News 
  • A year in review: View NRF's digitally enhanced Annual Report
    View a snapshot of NRF's successes on behalf of the retail industry by visiting NRF's recently released and fully interactive Annual Report. The 2012 digital edition covers NRF's campaigns for health care reform changes, sales tax fairness and lower swipe fees; telling the industry's story on Capitol Hill and through thought leadership in national and international media; and a glimpse into 2012 events such as Retail's BIG Show and the Shop.org Summit. Explore our year. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
Humour is an affirmation of dignity, a declaration of man's superiority to all that befalls him."
--Romain Gary,
French diplomat, novelist, film director and aviatour


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