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06 November 2012
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Global retail industry news

  Global Industry Watch 
  • Canadian retailers import more Black Friday traditions
    Black Friday's shopping traditions are moving north, as more Canadian malls and retailers adopt the U.S. tradition of opening early and offering deals to kick off the holiday shopping season the day after Thanksgiving. "Our retail sector has to work hard to remain competitive and keep shoppers north of the border," said Martin Wray, a vice president at Cadillac Fairview, which will open nine of its Ontario malls early. Reuters (05 Nov.) LinkedInFacebookTwitterEmail this Story
  Retail in Europe 
  • M&S boosts profits with fewer promotions
    Marks & Spencer reported higher profits in the first half of the year, the result of fewer pricing promotions, CEO Marc Bolland said Monday on a conference call that came 18 months into his three-year turnaround plan. M&S also announced Monday that it has hired former Victoria's Secret executive Janie Schaffer as its new director of lingerie and beauty. The Telegraph (London) (tiered subscription model) (05 Nov.), Bloomberg (06 Nov.) LinkedInFacebookTwitterEmail this Story
  • AB Foods credits Primark with uptick in profits
    Primark's affordable fast-fashion has increasingly appealed to Brits on a budget. The retailer opened 19 new stores in the recent fiscal year, plans to debut 12 more before Christmas, and drove higher sales and profits for parent AB Foods. The Telegraph (London) (tiered subscription model) (06 Nov.) LinkedInFacebookTwitterEmail this Story
  Retail in Asia 
  • Parkson teams with partners to open stores in Myanmar
    Singapore-based Parkson Retail Asia has formed a joint venture with two partners to open and operate department stores in Myanmar. The deal is part of a larger plan by Parkson to expand across Southeast Asia, with stores that expect to serve middle- to upper-income households. The Sun (Malaysia) (06 Nov.) LinkedInFacebookTwitterEmail this Story
  E-commerce Spotlight 
  • Other News
  Spotlight on Grocery 
  • Tesco debuts online shop aimed at busy commuters
    Tesco has created the Commuter Zone, a portal on the supermarket chain's online retail site aimed at serving busy business people. The service, marketed heavily in London, groups products including sushi, fruit, chocolate, prepared meals and other items likely to be on commuters' shopping lists. The Grocer (U.K.) (03 Nov.) LinkedInFacebookTwitterEmail this Story
  • Waitrose goes "unglamorous" for charity
    UK supermarket chain Waitrose launched a holiday ad campaign last weekend that trades decked halls and pricey sets for celebrity chefs Delia Smith and Heston Blumenthal in an empty studio. The ad explains that Waitrose will donate an additional £1 million to community causes rather than spend it to produce traditional holiday commercials. The Retail Bulletin (05 Nov.) LinkedInFacebookTwitterEmail this Story
  • Kellogg's creates virtual store to boost online sales
    Cereal and snack maker Kellogg's has created a virtual store that will be displayed in UK supermarket chains through the end of the year. The Special K Snack Store gives customers product information on the line of branded snacks, and gives them the option of adding the items to their next online shopping list. MarketingWeek.co.uk (U.K) (free content) (05 Nov.) LinkedInFacebookTwitterEmail this Story
  • Other News
  NRF News 
  • NRF's Holiday Headquarters is open for business
    NRF's 2012 Holiday Headquarters is officially open, offering retailers a fresh twist on holiday resources, including a fully interactive Holiday Survival Kit and Shop.org's first-ever e-commerce holiday sales forecast. If you're a retailer, reporter or industry pro, you can access all of NRF's holiday press releases, survey results, top tips, guidelines, blog posts, frequently-asked holiday questions and historical holiday information, all in one spot. Learn more. LinkedInFacebookTwitterEmail this Story
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--William Gibson,
American-Canadian author


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