Global Retail Intelligence – May
To follow is a brief review of retail news from around the world: May 28 – Walmart and Amazon Battle India’s Strong Players, Traditional Family Run Stores Thousands of “kiranas” throughout India pose a legitimate threat to the models of the Western, organized retailers’ models, as they are well-established, pay low wages and pay little […]
May Currency Outlook
In their May 2018 Currency Outlook report, Tempus, an exchange rate and global payments company, provides a detailed report including the following topics and sections: In Brief First quarter U.S. GDP showed higher level of growth than anticipated The USD appreciated 2.4% in April GBP sunk due to Brexit uncertainties Euro-zone’s economic recovery has reached […]
Global Retail Intelligence – April
To follow is a brief review of retail news from around the world: April 16 – JD.Com Plans to Open 1000 Stores Per Day The Chinese online retail giant opened a store a week in March and announced that their goal is to continue their rapid expansion of franchised convenient stores to reach 1 million […]
April Currency Outlook
April’s Currency Movements: Implications for International Trade In their April 2018 Currency Outlook report, Tempus, an exchange rate and global payments company, provides a detailed report including the following topics and sections: In Brief The USD fell by more than half of a percentage The Fed raised interest rate to 1.75%, signaling confidence The European Central […]
Export 101: Understanding Export Compliance
Product Testing and Compliance When selling products to international markets, some certifications and compliance testing is likely required before your product can be shipped. The type of product you sell will determine which testing protocol and certifications are required. Certification proves a minimum level of credibility to the market. Consumers in global markets increasingly seek […]
Canadian Tire: Key Canadian Retailer Update
As a preview to the presentation during the upcoming IBC Global Forum, the following is a brief on Canadian retailer, Canadian Tire. As of September 20, the speaker for the Canadian Tire presentation will be Doug Young, replacing Oliver Horton. Canadian Tire has a network of more than 1700 stores (to view, click the “View Map” […]
March Currency Outlook
In their March 2018 Currency Outlook report, Tempus, an exchange rate and global payments company, provides a detailed report including the following topics and sections: In Brief The USD recovered by 1.5% according to the Bloomberg Dollar Spot Index Among the G-10, the Canadian Dollar fell the most, 4.6% The Japanese Yen gained 2.5%, reaching its […]
Global Retail Intelligence – March
To follow is a brief review of retail news from around the world: March 19 – Alibaba’s New App Focuses on Discounted Products The new App features products that sell below 19.9 yuan (˜US$3). This “Taobao Special Offer Edition” offers products across a large range of categories, including food, clothing and electronics accessories and includes […]
2018 Global Powers of Retail Report Released
2018 Global Powers of Retail Report by Deloitte In the 2018 Global Powers of Retail Report, newly produced by Deloitte as a collaboration with STORES magazine, authors explore the transformative environment that is enabling consumers to shop however, wherever, whenever and for whatever they want. This disruption of traditional business models has resulted in significant […]
February Currency Outlook
In their February 2018 Currency Outlook report, Tempus, an exchange rate and global payments company, provides a detailed report including the following topics and sections: In Brief The USD was at its lowest since 2011 The Euro surged by 3.3%, reaching its best level in 3 years The Bank of Canada increased Interest Rates and the […]
