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05 November 2012
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Global retail industry news

  Global Industry Watch 
  Retail in Europe 
  • Morrisons to debut Nutmeg clothing line
    UK supermarket chain Morrisons will reportedly release its first fashion line, dubbed Nutmeg, at about 100 stores in March. The move aims to boost sales and market share with expanded non-food offerings. "This is a great opportunity because Morrisons' shoppers are looking for a fresh approach to supermarket fashion," said director of clothing Tim Bettley, a former Peacocks managing director. The Telegraph (London) (tiered subscription model) (03 Nov.) LinkedInFacebookTwitterEmail this Story
  Retail in Asia 
  • Starbucks mixes in a shot of coffee education in China
    Starbucks is opening shops fast in China and is working to win over fans in the world's largest tea-drinking culture with marketing efforts that include coffee education. Many consumers already see the brand in a positive light. "The way you know when you've arrived as a town or city is when Starbucks arrives. It used to be McDonald's, and before that it was KFC," said Paul French, chief China market strategist for Mintel. Advertising Age (tiered subscription model) (05 Nov.) LinkedInFacebookTwitterEmail this Story
  • Japan's retailers report lower sales in October
    Fast Retailing's Uniqlo saw same-store sales in Japan drop 2.2% last month, and other retailers including Takashimaya, Hankyu and Hanshin also reported year-over-year declines. The merchants cited warm weather and two fewer holidays than last October for the declines. Women's Wear Daily (subscription required) (02 Nov.) LinkedInFacebookTwitterEmail this Story
  • Other News
  E-commerce Spotlight 
  • Credit glitch could cost 360buy.com millions
    A bug that allowed customers of China's 360buy.com to recharge credit or virtual currency for more than an hour late last month without paying for it could cost the company as much as $32 million. The online retailer said it may prosecute subscribers who took advantage of the glitch. ZDNet/View from China blog (03 Nov.) LinkedInFacebookTwitterEmail this Story
  Technology Solutions 
  • Tim Hortons aims to rev up mobile payments in Canada
    Canadian coffee and doughnut chain Tim Hortons has outfitted about 2,300 of its stores with technology that lets them accept a wide variety of payment methods, including mobile payments for patrons who have a CIBC credit card and a BlackBerry. QSRWeb.com (02 Nov.) LinkedInFacebookTwitterEmail this Story
  Spotlight on Mass Merchandise 
  NRF News 
  • 3 lessons retailers can learn from the tech titans
    Amazon, Apple, eBay, Facebook and Google have become collectively referred to as the Retail Tech Titans, establishing themselves as leading brands and trendsetters in the global world of retail in the digital age. Lori Schafer of SAS Institute and Deborah Weinswig of Citi Investment Research explained at NRFtech earlier this year that as the focus areas of these companies continue to blur, grow and change, it's vital for the industry to invest in innovation alongside the industry pioneers. Read more. Shop.org Blog (16 Aug.) LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
Whoever is winning at the moment will always seem to be invincible."
--George Orwell,
British novelist and journalist


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