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16 January 2013
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Global retail industry news

  Global Industry Watch 
  • Q-and-A: Metro marketing chief Marc Giroux
    Consumers are demanding more value, and technology is giving them tools to make better-informed buying decisions than ever before, says Marc Giroux, marketing chief at Canadian supermarket chain Metro. In this interview before his session at Retail's BIG Show, he explains how the chain's Metro & Moi loyalty program uses customer data to improve the customer experience. Retail's BIG Blog (15 Jan.) LinkedInFacebookTwitterEmail this Story
 
  Retail in Europe 
  • Weak sales in Europe lead to mixed month for H&M
    Sweden-based H&M saw same-store sales decline 2% in December as belt tightening continued among consumers in Europe, where it has the bulk of its business. While it was the third consecutive month of same-store sales declines for the chain, the decline was less than analysts forecast and overall sales actually rose 8%. Reuters (15 Jan.) LinkedInFacebookTwitterEmail this Story
  • Other News
  Retail in Asia 
  • Alibaba CEO calls it quits
    Jack Ma, the 48-year-old CEO of Chinese e-commerce giant Alibaba, is to step down in May, saying that it's time for a younger generation to lead the company forward. Ma, who describes himself as "ET-like" in his resignation letter, says finding a suitable successor won't be an easy task. "Taking over from a CEO with such a distinct personality ... requires great courage and the willingness to make sacrifices,” he asserts. China Daily (Beijing) (15 Jan.), The Wall Street Journal (15 Jan.) LinkedInFacebookTwitterEmail this Story
  E-commerce Spotlight 
  • Panel: Global growth depends on many channels
    Retailers looking to expand their brands to new international markets need to take a multichannel approach that includes tailored marketing messages delivered via mobile and digital formats, McMillanDoolittle senior partner Anne Brouwer said at Retail's BIG Show. In the "Delivering a Global Retail Brand Experience" panel Monday, Brouwer and fellow executives also shared eight components needed for a successful global campaign. Luxury Daily (15 Jan.) LinkedInFacebookTwitterEmail this Story
  Spotlight on Luxury Goods 
  • Burberry's retail rise offsets wholesale slump
    Burberry reported a 13% jump in retail sales in the third quarter, but wholesale revenue from sales to department stores and specialty shops dropped 5%, the company said. Burberry and other luxury brands have been tightening up on wholesale distribution in recent months, largely to prevent potentially brand-damaging discounting by their retail customers. The Wall Street Journal (15 Jan.) LinkedInFacebookTwitterEmail this Story
  • Hugo Boss plans more global growth in 2013
    Germany-based luxury suit brand Hugo Boss is optimistic about 2013, aiming to boost sales with changes including a shift from mostly wholesaling to opening more branded retail stores. The company is also experimenting with technology such as infrared sensors that track customers by body heat to determine which parts of the store are most popular. Reuters (11 Jan.) LinkedInFacebookTwitterEmail this Story
  NRF News 
  • What will it take to thrive in the global arena?
    At Retail's BIG Show in New York City, executives from Mango, Delhaize Belgium and Ebeltoft USA recap a recent study of 92 retailers in 18 countries to explain which companies are expanding globally the right way and focusing on innovative concepts and methods needed to exceed customer expectations around the world. Read more. LinkedInFacebookTwitterEmail this Story
 
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  Editor's Note 
  • Up-to-the-minute social coverage of Retail's BIG Show 2013
    Whether you're attending Retail's BIG Show in NYC this week or just eager for the latest updates, check out NRF SmartBrief's Storify live feed, which curates the best and most important social content about the event. LinkedInFacebookTwitterEmail this Story
  SmartQuote 
Not in the clamor of the crowded street, not in the shouts and plaudits of the throng, but in ourselves, are triumph and defeat."
--Henry Wadsworth Longfellow,
American poet and educator


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