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190
M&S will stop opening new stores in three years
Wednesday, May 22, 2013
Marks & Spencer is to stop opening new general stores in the UK amid a shift to internet shopping. The company will build four new large outlets over the next three years, but then call a halt to 129 years of bricks and mortar expansion.
Tags:
Market Development Models, Marks & Spencer, Store Based vs Ecommerce, Store Network, United Kingdom
Hong Kong is ready for NFC mobile payment
Wednesday, May 22, 2013
Hong Kong has a high smartphone penetration rate. HKMA said that smartphones are expected to contribute 90% of Hong Kong’s new mobile phone shipment in 2013.
Tags:
Hong Kong, Mobile payment
Kroger creates app for its card
Wednesday, May 22, 2013
Nation's largest grocery chain Kroger has launched an electronic version of its customer loyalty card.
Tags:
Kroger, Loyalty (Digital Shopper Marketing), USA
E-commerce poised to be allowed with FDI in retail
Tuesday, May 21, 2013
India government is considering a proposal to allow companies applying for foreign direct investment (FDI) in multi-brand retail to enter the e-retailing segment as well.
Tags:
eBay, E-Commerce Commercialization, India, Market Development Models
Tesco gets go-ahead for earlier Ludlow deliveries
Tuesday, May 21, 2013
Supermarket giant Tesco is set to be given the green light to make earlier deliveries in Ludlow on
Tags:
Optimization & Operational Excellence, Political/Regulatory Retail Market Drivers, Tesco, United Kingdom
SM Group plans second 'Mall of Asia'
Tuesday, May 21, 2013
Philippine-based SM Group is investing 5 billion pesos (US$121.5 million) to open its second 'Mall of Asia' in Cebu with 400,000 sqm.
Tags:
Market Development Models, Philippines, SM Group, Store Network
Neiman Marcus changing its business model in China: International Shipping from the US
Tuesday, May 21, 2013
Entered China in 2012 through its partnership Glamour Sales Holdings, Neiman Marcus will be closing its warehouse in China for its Chinese online store neimanmarcus.com.cn.
Tags:
China, E-Commerce Commercialization, Market Development Models, Neiman Marcus, USA
Shoprite dismisses plans to close Tanzania shop
Tuesday, May 21, 2013
South Africa-based Shoprite has dismissed recent speculations regarding the imminent closure of some of its stores and possible exit from Tanzania.
Tags:
Checkers, Market Development Models, ShopRite ZA, South Africa, Tanzania
Marks & Spencer: Lowest Profits Since 2009
Tuesday, May 21, 2013
The company's annual results show its strong food sales performance has been hampered by poor general merchandise sales.
Tags:
Financials, Results, KPI, Marks & Spencer, United Kingdom
Best Buy Has $81 Million First-Quarter Loss on Price Cuts
Tuesday, May 21, 2013
Best Buy Co. (BBY), the world’s largest consumer-electronics retailer, posted an $81 million first-quarter net loss as the company lowers prices to compete with online rivals.
Tags:
Best Buy, Financials, Results, KPI, Pricing Optimization, USA
eBay to Introduce Retailer Click-and-Collect Service for 2013
Tuesday, May 21, 2013
Online giant eBay is to launch its first click and collect service for 2013
Tags:
eBay, E-Commerce Commercialization, Ecommerce Enablement (Social), Europe, Flexible Fulfillment (Integrated Retailing), Merchandising Innovation, North America, Optimization & Operational Excellence, Services, Technological Retail Market Drivers, United Kingdom, USA
Google Checks Out on Checkout
Tuesday, May 21, 2013
Google will close down its Google Checkout online payment service for good in November of this year
Tags:
Digital commerce, E-Commerce Commercialization, Ecommerce Enablement (Social), Google, Mobile payment, North America, Optimization & Operational Excellence, Payments (Mobile), Point of Sale (Mobile), Services, Shopify, Shopping (Mobile), Technological Retail Market Drivers, Technology, USA, Vendor Engagement (Integrated Retailing)
Amazon Grabs Retailer Top Spot from Walmart, but the Fight is Far From Over
Monday, May 20, 2013
Walmart is in the throes of its latest – and most serious-looking – effort to build a substantial online business to compete with Amazon
Tags:
Amazon, Competition, E-Commerce Commercialization, Ecommerce Enablement (Social), Flexible Fulfillment (Integrated Retailing), Future Insights & Analytic Engines, Industry Dynamics, Loyalty (Digital Shopper Marketing), Market Development Models, Next Generation Loyalty and CRM, North America, Pricing, Retail Branding & Marketing, Shopping (Mobile), Social Media (Digital Shopper Marketing), Store Based vs Ecommerce, Store Network, Urban Delivery Networks (Integrated Retailing), USA, Walmart
Argentines Turn to Bitcoin for Stability
Monday, May 20, 2013
Argentines are now turning to Bitcoins for savings and investments in order to circumvent the Argentine peso inflation because of the difficuly of acquiring US dollars due to government restrictions.
Tags:
Argentina, Economic Retail Market Drivers, Inflation & Currency
Falabella In Talks to Acquire Sanborns in Mexico
Monday, May 20, 2013
Chilean retailer Falabella is in talks to acquire Mexican department store retailer Sanborns, owned by the world's richest man, Carlos Slim.
Tags:
Acquisition/Divest/Merge, Chile, Falabella, Market Development Models, Mexico, Sanborns (Grupo)
Seamless and GrubHub Announce Merger
Monday, May 20, 2013
Seamless North America LLC and GrubHub Inc. today announced the signing of a definitive agreement to merge two of the nation's premier services for ordering takeout.
Tags:
Acquisition/Divest/Merge, Financials, Results, KPI, Payments (Mobile), Urban Delivery Networks (Integrated Retailing), USA
Target opens an e-retail technology center
Monday, May 20, 2013
Target Corp. is opening Target Technology Innovation Center in San Francisco where data, technology and product experts will strive to increase the chain’s strength in e-retail and mobile commerce. The hired 20 employees will discuss on projects that include augmented reality, QR codes, etc.
Tags:
E-Commerce Commercialization, Organization Effectiveness, Target, USA
Lack of Evidence Results in closing of India Investigation of Walmart
Monday, May 20, 2013
India's investigation into whether Walmart may have bribed officials to gain wider access to the country's vast market has been "closed" due to lack of evidence, a report said Saturday. The one-man committee of retired justice Mukul Mudgal probing the matter is likely to submit a report to the government next week saying there was no "adequate" evidence to suggest Walmart was involved in any unlawful activity in India, a newspaper reported, quoting unnamed sources.
Tags:
India, Walmart
Tesco Plans to Operate 60 Bistro Points by Year-End
Monday, May 20, 2013
Tesco, a British operator of supermarkets and hypermarkets, intends to enlarge the chain of self-service restaurants under the Bistro brand, located in its stores, to 60 points in Poland by the end of 2013
Tags:
Poland, Private Label, Store Network, Tesco, United Kingdom
Hopes For Real to Rebound Seen as Brazil Addresses Inflation
Monday, May 20, 2013
The real weakened 0.7 percent against the dollar last week, sending it outside the so-called trading envelope for the first time since March
Tags:
Brazil, Inflation & Currency, Pricing
Chile Economy Grows Less Than Forecast as Investment Boom Wanes
Monday, May 20, 2013
Chile’s economy grew less than analysts expected in the first quarter as a surge in investment began to ease
Tags:
Chile, Consumption, Economic Retail Market Drivers, Employment, Financials, Results, KPI, GDP - National Accounts, Inflation & Currency, Latin America, Liquidity- Credit and Savings, Political/Regulatory Retail Market Drivers
Best Buy Finds Value in Real Estate Over Retail
Monday, May 20, 2013
Best Buy is looking to see how they can best utilize their floor space, and sacrificing traditional retail space of poorly-performing products might be their answer
Tags:
Best Buy, Big Box Regeneration, Brand and Category Retention, Franchise/Affiliate/Coop, Market Development Models, Merchandising Innovation, North America, Optimization & Operational Excellence, Organization Effectiveness, Pricing Optimization, Service counter, Store Based vs Ecommerce, Store Regeneration, Technological Retail Market Drivers, USA
India-based Reliance Retail opens new concept 'Reliance Digital Express'
Monday, May 20, 2013
India-based retailer Reliance Retail has launched its new concept banner Reliance Digital Express in Mumbai, India, targetting the gadget lovers.
Tags:
India, Market Development Models, Reliance Retail Ltd, Store Network, Store Regeneration
Tesco clothing brand F&F plans international expansion
Monday, May 20, 2013
Tesco's apparel banner F&F is planning to open more than 50 new franchise stores worldwide over the next five years
Tags:
Europe, F&F, Middle East & Africa, Tesco, United Kingdom
China-based electronics retailer Suning the first chain to open in Tibet
Monday, May 20, 2013
Suning will be the first Chinese retail chain to expand to the autonomous region of Tibet.
Tags:
China, Market Development Models, Suning Home Appliances
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