Industry Headlines: September 29
- Study: Make Way For Winter Holiday Markdowns: Looks like most experts agree that US retail will see a slight increase this holiday season, but we’ll probably see deep discounts to go with it. (MediaPost)
- In Time of Scrimping, Fun Stuff Is Still Selling: Rather than give up luxuries for necessities, many shoppers are cutting back on necessities as far as possible so they can still afford their luxuries. (New York Times)
- Centro close to rising in new form: The developer inches closer to a finalized restructuring plan. (The Age)
- 2 malls put stock in an e-magazine: Texan centers aim a new digital magazine toward Mexican tourists. (San Antonio Express-News)
- IKEA sets up playpen for men: Creative or undignified? IKEA lets men take a break from shopping. (The Star)
- West Hollywood ban on sale of fur apparel nears adoption: Fur may be returning, but it’s no longer welcome in some areas. (LA Times)
- 47% of top 100 shopping centres don’t use social media for marketing: UK centers are lagging in social engagement. (The Drum)
- Filling the Void Left by Borders: Hope for the bookstore may not be lost – independent booksellers are snapping up vacant Borders locations. (New York Times)
- Asian retailers most optimistic: World Retail Congress: A look at the confidence of retailers around the world. (India Retailing)
- A tree grows with Ikea: Ikea’s Life Improvement Project is starting up a series of random acts of kindness with a seedling giveaway. (Retailing Today)
- Stores give staff iPads to keep up with shoppers: If shoppers have instantly available Internet access, the people serving them probably ought to as well. (Reuters)