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WRC 2014: 'Disruptors' a key concern for global retailers

2014-10-01 18:13:00| Daily apparel & textile news and comment - from just-style.com

Disruption was the central theme at this year's World Retail Congress in Paris, covering everything from the innovation of new businesses to the latest generation of millennial shoppers. Indeed, it's an issue of key concern for global retailers, as Steve Sadove, chairman of the National Retail Federation and former Saks CEO, explains.

Tags: key global concern retailers

 

Big Shift In China Economy To 'disrupt' Western Retailers: Li & Fung Head

2014-09-29 19:14:50| Logistics - Topix.net

China's role in supplying cheap consumer goods to the West could end in coming years due to rising domestic consumption and worker pay, stoking inflation and unsettling retailers in Western markets, the chairman of logistics group Li & Fung "China will disrupt the world," William Fung of Hong Kong-based Li & Fung, which supplies firms like Walmart Stores Inc China is a country that operates in economic cycles of 30 years, Fung said, and between 1979 and 2009, it had been the world's "factory" producing consumer goods at low prices, notably thanks to the low wages paid to its workers. "When China starts consuming and with India right behind it, I predict a round of price increases and margin squeezes," he Fung said.

Tags: big china head western

 
 

Walmart, Toys "R" Us among retailers ramping up holiday season hiring

2014-09-25 03:01:57| Trucking - Topix.net

Toys "R" Us announced this week it plans to hire 45,000 employees nationwide at stores and distribution centers, with 400 seasonal employees slated for Orlando-area stores, which is 100 fewer than last year's hiring estimate . For Toys "R" Us, holiday hiring typically begins at the end of September, with new seasonal employees starting work in early October.

Tags: toys holiday season hiring

 

The woes of Rio's small retailers

2014-09-25 01:06:37| BBC News | Business | UK Edition

Shopkeepers struggle with rising rents and high crime levels

Tags: small retailers rios woes

 

UK: Retailers urged to create more biodegradable clothing

2014-09-23 15:10:00| Daily apparel & textile news and comment - from just-style.com

Designers and retailers in the UK are being urged to create clothes from more easily biodegradable materials to ease waste disposal issues.

Tags: create clothing retailers urged

 

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