By: Dr. Patrick Lynch, Clinical Assistant Professor of Analytics and Leadership at Thunderbird School of Global Management “The brands and manufacturers have all the power!” exclaimed an Instagram social influencer during a recent interview. That may sound strange to leaders in most companies overwhelmed by social media morass from Twitter to Facebook to YouTube. Where to…
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Special Spaces
by Michelle Hespe The 2019 gia Global Honoree Futako Tamagawa Tsutaya Electrics from Japan is part of a new wave of retailers that understand that to survive in this industry, you can no longer simply sell products. This company has further raised the bar, creating an enticing society for its customers. Don’t be fooled by the name of the store – Futako Tamagawa Tsutaya…
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Global Retail Intelligence – June
June 19 – Germany’s Metro Expands in MyanmarMetro Wholesale Myanmar is seeking to expand its operations in Myanmar, aiming to open in Mandalay, Nay Pyi Taw, Taunggyi and other major metropolitan locations in the region. From Consult Myanmar June 17 – Costco to Open Its First Store in ChinaFive years after Costco opened its first online store in China, it plans to open…
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Decidedly Danish
by Michelle Hespe When Bahne was established in 1965 in Denmark, they were already ahead of the game and vastly different from other retail outlets. The business was not just focused on offering customers a store filled with products that they could purchase, but rather, on creating an experience for shoppers. This might be a typical approach in retail now, but it certainly…
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2019 Global Forum Offers Educational Sessions on Global Markets
Housewares suppliers new to the international arena or veteran sales executives wanting to grow their global business will benefit from the 2019 IBC Global Forum, to be held Sept. 15-17 in San Diego, Calif at The Guild Hotel. Overviews by housewares buyers and distributors covering Asia, Spain and the United Kingdom along with sessions on opportunities in key markets around the…
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Stats: NPD Details What is Selling at Retail
The NPD Group’s home division presented its sixth annual industry performance awards during the International Home & Housewares Show this past March. Awards were given to small appliance and housewares (non-electric) brands with the largest increase in U.S. market share in 2018, compared to 2017, according to dollar sales from NPD’s Retail Tracking Service. Three…
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U.S. Custom and Border Protection: Steps to Protect Intellectual Property Rights
The Custom and Border Protection (CBP) encourages the usage of their e-Recordation Program to help copyright owners gain enforcement of intellectual property rights. The CBP has the right to detain, seize, forfeit and destroy any merchandise that enters the U.S. if it infringes on trademark or copyright that has been registered. In order to do so, the trademark…
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IHA Encourages Member Action on Latest Proposed Tariffs
With the most recent list of proposed tariffs affecting the housewares industry, the International Housewares Association is encouraging members to contact their congressional representatives or provide comment to the United States Trade Representative (USTR) on the tariffs’ effect on their business. The List 4 China 301 tariffs proposes up to a 25 percent tariff rate on…
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Coffee’s Retail Buzz
Americans have been waking up to coffee for a while, but now even more U.S. consumers grab at least one cup of Joe every day. According to the latest National Coffee Data Trends report from the National Coffee Association, 63 percent of American adults drink coffee daily. “Coffee is America’s most beloved beverage—and for good reason” says William Murray, NCA president…
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