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05 March 2013
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Global retail industry news

  Global Industry Watch 
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  Retail in Europe 
  • Report: UK retail sales show signs of recovery
    Same-store sales at UK retailers rose 2.7% last month and overall sales increased 4.4%, as consumers spent more on electronics, home furnishings, apparel and health and beauty products, according to the British Retail Consortium. "There are certainly highly welcome signs here of gradual improvement and customers are feeling a bit more positive, but it's too soon to assume this represents the permanent turnaround we need," said Director-General Helen Dickinson. The Telegraph (London) (tiered subscription model) (05 Mar.) LinkedInFacebookTwitterEmail this Story
  • UK shoppers boost spending on luxury lingerie
    During the recession, UK women shifted their lingerie budgets to lower-priced goods seen as affordable treats. Now, they're spending again on higher-end intimate apparel including shapewear from brands like Spanx and Yummie Tummie, according to marketing firm Research and Markets. (04 Mar.) LinkedInFacebookTwitterEmail this Story
  • Other News
Is Pricing Low Your Strategy to Success? Think again.
Pricing is the heart of a business. It affects everything you do and is affected by everything you do. Economists talk of supply and demand as key factors behind pricing—successful entrepreneurs manipulate demand by making their products more desirable. These six steps will help you determine the right price for your product or service, read the article and learn how to get pricing right.

  Retail in Asia 
  • Luxury brands may look to India for accessories
    Italian luxury fashion brand Ermenegildo Zegna may look to source women's accessories and fabrics from Indian manufacturers for its Agnona brand, executives said this week. Additionally, UK-based menswear brand Hackett's may look to establish a manufacturing hub in India, said managing director Vicente Castellano. The Economic Times (India) (05 Mar.) LinkedInFacebookTwitterEmail this Story
A Retailer's Guide to 'Demand-Driven' (+Gartner Research)
Consumers today have access to endless input and decide in moments. Discover how the demand-driven supply chain responds quickly to changing consumer preferences and supports demand shaping, while pre-emptively positioning inventory. This has far-reaching impacts on the enterprise and supplier community, not to mention the top and bottom line.

  E-commerce Spotlight 
Transformational Journeys: Modern Business Planning
Harvard Business Review explores why CFO's and their finance organizations must adapt to the changing landscape of their markets and how big data, organizational collaboration, and new cloud-based planning and analysis technologies are driving successful change.
Click here to access the report.

  Spotlight on Grocery 
  • Grocers to pay more for meat testing
    Europe's grocery retailers and meat processors will pay more to improve systems for testing and tracing meat to appease consumers who were angered when horse meat was found in a slew of beef meals. In the long run, the system may create a better class of beef that will prove more profitable to supermarkets, industry experts say. Fox Business/Dow Jones Newswires (04 Mar.) LinkedInFacebookTwitterEmail this Story
  • Tesco to back biggest ever diabetes awareness campaign
    Tesco has pledged to raise £10 million for diabetes research and launch an awareness campaign in partnership with Diabetes UK, to help combat the growing rates of Type 2 diabetes in the UK. The supermarket chain will also fund research into a vaccine for Type 1 diabetes, which is not linked to lifestyle. The Grocer (U.K.) (04 Mar.) LinkedInFacebookTwitterEmail this Story
The ROI of Privacy with TRUSTe Solutions
Investment in a Data Privacy Management Platform can deliver significant, positive financial returns for corporate bottom lines. The "Total Economic Impact (TEI) of TRUSTe" Study explains how Forrester Analysts calculated a 151% ROI for TRUSTe customers. Download the study now.

  NRF News 
  • What’s hot in retail (and at NRF)
    February marks the shortest month on the calendar, but the month wasn’t void of important policy and consumer news. Retailers stayed on top of the latest information by visiting a score of NRF resources, including NRF’s 4-5-4 calendar, consumer surveys such as Valentine’s Day shopping and how Americans intend to spend their tax returns, and NRF’s 2012 Annual Report. Read more. Retail's BIG Blog (04 Mar.) LinkedInFacebookTwitterEmail this Story
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