Industry Summits
Consumers edging into "green" territory
NEW YORK (Reuters) - U.S. consumers are slowly becoming "greener," though the motivation may be more about saving money and less about concern for the environment, executives and analysts said this week. Full Article
Retailers see rewards of better customer service
NEW YORK (Reuters) - Office supply retailer Staples Inc. used to hold pizza parties at the end of each month to reward its top-performing store employees. Full Article
Retail success not just a click away
LONDON (Reuters) - The growth of non-food sales over the Internet shows no signs of abating, but click-and-buy is no panacea for retailers' problems, says Kevin Hawkins, Director General of the British Retail Consortium. Full Article
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UK's mid-range retailers seen merging to survive
LONDON (Reuters) - Pressure to keep costs low and stay on top of new trends will force mid-range UK retailers to consolidate or close shop, the British Retail Consortium Director-General Kevin Hawkins said. Full Article
Forget the economy, buy your kid a pony
NEW YORK (Reuters) - Oil prices and interest rates keep climbing, but U.S. consumer products makers remain confident that shoppers will shell out $300 for a toy pony or $3,500 for a high-tech refrigerator. Full Article
Assault, fraud, theft dog UK retailers
LONDON (Reuters) - Violent assault, abuse and infected needles are just some of the challenges that British retailers deal with every day, on top of the more prosaic growing competition, higher costs and fickle consumers. Full Article
Karstadt expects to be debt free soon
LONDON (Reuters) - KarstadtQuelle expects to be debt free within weeks after it raised 3.7 billion euros by selling property earlier this year, the German retailer's chief executive told the Reuters Consumer and Retail Summit. Full Article
Premium products give retailers a boost
LONDON (Reuters) - Rising competition, higher costs and an uncertain economic climate are prompting retailers to push premium products to increase margins, top officials said at the Reuters Consumer and Retail Summit. Full Article
Europe's retail suppliers face pricing pinch
LONDON (Reuters) - If suppliers to Europe's retailers think they are already feeling the pinch, the future promises to get even tighter. Full Article
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