Industry Headlines – January 16, 2014
- US holiday sales rise but discounts to hit margins: Retail sales rose 3.8% for 2013’s holiday season. (Reuters)
- Battle of the Christmas decorations for Hong Kong malls: Hong Kong centers have created holiday spectacles. (Digital Journal)
- Retail giants cement global dominance, eye Australia: The worlds biggest retailers are doing quite well. (ABC)
- Macy’s shares jump on restructuring, layoffs: The retailer is planning big changes, including layoffs, store closures, and new locations. (USA Today)
- POS prompts creep out consumers: IT professionals, at least, seem to resent being advertised to based on their location. (Retailing Today)
- Inside the world’s biggest shopping mall: Take a trip to the Dubai Mall. (Stuff)
- Age matters: Spotlighting the generational impact on spending: The NRF has a new report on how age affects spending habits. (Retail’s Big Blog)
- Proliferation of shopping malls in South Africa set to continue: 2014 looks to be another big year for the industry in South Africa. (BusinessDay)
- Babies’R’Us shows off new baby bump: The retailer pairs with popular website The Bump to offer new value to its shoppers. (Retailing Today)
- Without rebirth, malls face extinction: The suggestion seems unreasonably dire, but there are valid points made. (NBC)
- Mall of America puts in Wi-Fi to drive in-venue experiences: The second-largest mall in America embraces showrooming. (Mobile Commerce Daily)
- 50 most powerful retailers: An up-to-date list of the top retailers in Australia. (Inside Retailing)
- The only way for retail to survive is to increase pay and decrease inventory: A fascinating look at one future for the industry. (Quartz)
- DSF impact: Dubai malls open until 2am: The party doesn’t stop during the Dubai Shopping Festival. (Emirates 24/7)
- Metrotown: The 60-year making of a mega mall: The evolution from a single Sears store to the second-largest mall in Canada. (Vancouver Sun)
