Blog: Looking for rays of optimism at World Retail Congress
Dean Best | 19 September 2012
Looking back at my previous missives from the annual World Retail Congress, three years ago I wrote about the "economic storm-clouds swirling around the sector". Unfortunately, in many ways little has changed but, for the next three days in London, retail executives will be looking for optimism and opportunities in the industry.
This year's World Retail Congress is at the Excel centre in the east of London, not even a Mo Farah jog away from the Olympic Stadium where, this summer, the Games lifted the UK's mood.
There have been precious few signs that the exploits of Farah et al have had any impact on consumer confidence and, for the next three days, retail executives will debate at the World Retail Congress how to eke out growth in what remains a very challenging sector.
Stay tuned to just-food.com, its Twitter page (@just_food) and my Twitter feed (@dean_best) for the latest news and views from the event.
First up this morning, Tesco CEO Philip Clarke will discuss how retailers can "go for growth in a world of change", an apt title for a speech given by a retail executive facing his own challenges in revitalising the UK retail giant's domestic business.
Danone completed its US$12.5bn acquisition of WhiteWave Foods this week. The move will roughly double Danone's presence in North America, where WhiteWave is a top four dairy player. ...
Premier Foods plc revealed today (28 March) it has secured a deal with its pension scheme trustees that will see the UK food maker reduce its pension burden....
Hain Celestial, under the scrutiny of the investment community in recent months and facing some challenges in its domestic market, has announced another shuffling of its management pack....
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