Industry Headlines: March 27, 2014
- Westfield sells Derby, Merry Hill and Sprucefield shopping centres to Intu: The £867.8m deal is sure to shake things up in the UK. (BBC)
- Today’s Girls Love Pink Bows as Playthings, but These Shoot: A new era of gendered children’s toys change the script for girls—a change worth considering when planning children’s activities. (New York Times)
- After Winter’s Chill, Economists Predict A Warming Trend: Along with spring flowers, sales will bloom. (NPR)
- Retailers Are Finding That Data Vulnerability Can Undo Years of Brand Equity: Data breaches can shatter a brand, big or small. Adweek looks at how to recover. (Adweek)
- Nordstrom delays openings of low-cost Rack stores in Canada: The planned 2015 launch has been pushed back two years. (The Globe and Mail)
- Big supermarkets put consumers on trial at concept stores: How the grocery industry trials new ideas and tiny tweaks. (Good Food)
- Birchbox, Seller of Beauty Products, Steps Out From Web With a Store: An interesting shift, as a monthly subscription box retailer hits brick and mortar. (New York Times)
- Brands may give in to uniform discount demand: Indian mall owners work with multichannel retailers to bring online discounts to the mall. (Business Standard)
- Deutsche Strategist Discusses Importance of Sustainability Data: Why REITs focus on sustainability. (REIT.com)
- Simon Property Group Launches Venture Capital Fund With a Twist: The fund will focus on companies that are working on innovative retail tech. (Co-Star Group)
- Yorkdale Mall upgrades security in wake of shootings: The center is doubling down on surveillance, among other security measures. (Toronto Star)
- Westfield secures funds for restructure: The company is now ready to split its Australia and New Zealand business from its international offering. (Inside Retail)
- Shop Windows Go Digital as Dummies Get Smarter to Boost Sales: Mannequins are starting to offer more than just a place to hang clothes. (Business of Fashion)
- Gmail’s Promos Tab Could Soon Be A Photo Stream: The Promotions tab has been something of a curse for brands. Will making it more visual help? (Racked)
