retail

Global Retail Intelligence – February

To follow is a brief review of retail news from around the world: February 1 - Temasek, Others Plan to Sell Stake in Indonesian Retailer Matahari Major shareholders, including Singapore state investment firm Temasek Holdings Pte Ltd., are planning to sell their stake in the Indonesian retailer Matahari in a deal that could value the company at as much as $1 billion,…

Retail Profile: The Kitchen Koop

Owner: Deon Foster Location: Portsmouth, Va. Founded: 1998 What is special about The Kitchen Koop? The retailer’s customers say it is the store’s service and great selection of cookware. They come in and stay a while, enjoying the Southern hospitality. “Dropped in with my spouse after a lunch date just to look around,” writes one customer. “We spent a lovely hour or so…

Trends: Gift Giving – It’s the Thought That Counts

From wedding registries to gift baskets, gifting gives back to kitchenware and housewares retailers all year long. The tradition of giving other people presents drives sales during the all-important fourth quarter and retailers spend their year plotting a strategy to stock and merchandise the products that their customers will want to give to others. But what makes a good…

IHA Global Innovation Awards (gia) Winners Announced

The International Home + Housewares Show and International Housewares Association (IHA), the global sponsors and organizers of the IHA Global Innovation Awards (gia) program, today announced the national gia winners of 2016-2017 – including 28 outstanding home and housewares retailers from 27 countries around the globe. The gia program was created by the IHA and…

Global Retail Intelligence – January

To follow is a brief review of retail news from around the world: January 4 – Future Group partners with Cognizant for FMCG arm FCL IT major Cognizant has entered into a strategic partnership with Kishore Biyani-led Future Group to transform its FMCG arm Future Consumer Ltd (FCL) into a connected enterprise. Under the pact, the New Jersey-based firm will build a platform…

Global Retail Intelligence – December 2016

To follow is a brief review of retail news from around the world: December 1 - When it comes to shopping, Canadians just aren’t clicking as only 2% of sales are made online While bricks and mortar retailers remain justifiably panicked about losing sales to digital-only ecommerce players like Amazon, it still comes as a surprise to learn that online sales account for just…

Coffee Perks Up Sales

Retailers say that coffee-making products are helping to caffeinate their top lines as more consumers attempt to make their special brew at home. And in a reverse move from Nobel laureate Bob Dylan going electric at the Newport Jazz Festival, consumers and retailers are unplugging their machines. Sales of pour-over cones, borosilicate glass containers, vacuum brewers, burr…

IHA Members Meet with Key Australian & New Zealand Buyers

Six IHA member companies participated in the IHA Trade Mission to Sydney and Auckland, October 30 – November 4 to develop sales opportunities in Australia and New Zealand. The participating IHA members, Astage, Candle Warmers, Honey-Can-Do, Hutzler Mfg., Nordic Ware and Whitmor, met with key home and housewares retailers and toured retail stores to learn more about how…

Global Retail Intelligence – November 2016

To follow is a brief review of retail news from around the world: November 1 - Australian Dollar Growth Bloomberg says that the performance of the Australian dollar may be a positive indicator for the global economy. The currency is the top performer in developed markets since mid-year, and Australia’s ties to China and commodities makes it an economic barometer. The…