Wednesday, September 29, 2010

URBN CEO: Mobile may impact in-store more than online

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September 29, 2010News for the retail industry
 
  Industry Watch 
 
  • Penney exits catalog business to drive Web traffic: J.C. Penney will cease publication of its remaining specialty catalogs and launch a "Look Book" that will contain a scaled-down merchandise selection and refer readers to the website for more information and to make a purchase. The switch means the company will need to stock merchandise only for its stores and website. The Dallas Morning News (9/25) LinkedInFacebookTwitterEmail this Story
  • Sears is set to debut toy shops at 85 stores this season
    Sears Holdings said it plans to add permanent toy shops inside 85 of its stores in major markets, in time for the holiday season. The move comes as the result of feedback from consumers who reacted positively to a pilot program at 20 stores last year. Reuters (9/24) LinkedInFacebookTwitterEmail this Story
  • H&M to delay some store openings as construction slows
    H&M said Wednesday it will delay plans for some new stores next year amid a construction slowdown that has impacted the apparel chain's ability to find prime locations, especially in southern Europe. The company, which operates about 2,000 stores worldwide, saw double-digit same-store sales increases recently, but new store openings have historically contributed to H&M's profit growth. The Wall Street Journal (9/29) LinkedInFacebookTwitterEmail this Story
  • Other News
Adidas Group Drives Innovation with PLM
Hear Adidas' IT visionary, Peter Burrows tell the story of one of the most dynamic PLM journeys in the industry. Learn how the company behind the World Cup, NFL, NBA and many other sports uses PTC's single PLM system to master complexity around the world to propel its winning, multi-brand portfolio. Watch the Video.
  Retail Trends 
 
  • Consumers are less confident but still spending
    Americans grew less confident in the economy in September, according to the latest index released Tuesday, but for many retailers that attitude hasn't translated into slower performance, according to this report. Several chains raised their outlooks recently, including Bed Bath & Beyond, Talbots and Lululemon. CNNMoney.com (9/28) LinkedInFacebookTwitterEmail this Story
Attend The True Cost of Retail Fraud Webinar: What an Exclusive Study Reveals for 2010 and learn what trends are setting the stage for retail fraud in the upcoming year, along with powerful solutions and benchmarking best practices that can be used by companies of any size.
October 5 | 12 p.m. Eastern / 9 a.m. Pacific.
  Retail Technology 
 
  • Consumers hit stores armed with smartphones
    Smartphone usage is rising fast among U.S. consumers, along with a growing demand for mobile applications that help savvy shoppers find the best deal, compare products and search for similar items, all without ever leaving the store. "Consumers are no longer thinking they have to go home to the Internet," said Mitch Joel, president of Twist Image, at the Shop.org Summit. The Dallas Morning News (9/29) LinkedInFacebookTwitterEmail this Story
 
  • URBN CEO: Mobile may impact in-store more than online
    Glen Senk, CEO of the company that owns top retail brands including Urban Outfitters and Anthropologie, shared his thoughts on the emergence of mobile as retail's "fourth channel" at the Shop.org Summit. The mobile channel's ability to allow shoppers to shop and pay from their phones is poised to "revolutionize" the in-store experience, Senk said. Shop.org Blog (9/28) LinkedInFacebookTwitterEmail this Story
 
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  Featured Content 
 

  NRF News 
  • House votes to create organized retail crime unit at Justice Department
    NRF welcomed House passage of legislation that would establish a new unit at the Department of Justice dedicated exclusively to investigating and prosecuting organized retail crime. "This is strong bipartisan legislation to combat the serious problem of organized retail crime," NRF Senior Asset Protection Advisor Joseph LaRocca said. The Organized Retail Theft Investigation and Prosecution Act of 2010 passed on a voice vote Tuesday night but still needs Senate approval. Read the news release. LinkedInFacebookTwitterEmail this Story
  • 10 lessons on using social media to connect with customers
    What can an airline teach retailers about social media? In this case, a lot. Southwest Marketing VP Kevin Krone spoke at the Shop.org Summit about ways social media drives revenue, why it matters, and 10 lessons they learned along the way. Among the 10 tips: Have fun -- this is not a burden, it's a gift. Read more. LinkedInFacebookTwitterEmail this Story
  • NRF SmartStat: Sept. 29, 2010
    Americans are expected to spend an average of $66 each on Halloween this year, which is comparable to spending in 2008. Source: NRF survey conducted by BIGresearch LinkedInFacebookTwitterEmail this Story
 
  • Congressional and administration officials address NCCR CEO summit
    House Minority Leader John Boehner and other top members of Congress and the Obama administration were among the featured speakers as NRF's National Council of Chain Restaurants held its second annual CEO Policy Summit in Washington this week. Boehner, an Ohio Republican in line to succeed House Speaker Nancy Pelosi if the GOP regains the chamber's majority in November's elections, discussed prospects for renewal of Bush era tax cuts, health care reform and union "card check" legislation, among other topics. Read more. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
  • Uno Chicago Grill exec charts post-bankruptcy path
    With its bankruptcy filing behind it, Uno Chicago Grill heads into the future with a cleaned-up balance sheet and a revamped menu, with plans to expand two newer concepts, says Rick Hendrie, SVP of marketing. Uno Due Go is a fast-casual franchise concept aimed at nontraditional locations including airports and college campuses, while Uno Express is a quickservice licensed concept that allows operators to avoid the higher fees that come with franchising. PizzaMarketplace.com (9/28) LinkedInFacebookTwitterEmail this Story
  • Mediterranean concepts expand as doctors laud the diet
    A growing number of fast-casual chains are serving fare that fits in with the Mediterranean diet that doctors have long recommended as heart-healthy. Eateries including Zoe's Kitchen, Daphne's Greek Cafe, Garbanzo Mediterranean Grill and Kalamata Greek Cafe have created menus that feature the diet's staples such as olive oil, whole grains and vegetables. FastCasual.com (9/28) LinkedInFacebookTwitterEmail this Story
  Career Track 
Human Resources Director, Merchant DevelopmentWal-MartBentonville, AR
Retail Solution/Application ConsultantMicroStrategyChicago, IL
Director of MerchandisingTotal Wine & MorePotomac, MD
Associate Buyer (Merchant)Zale CorporationIrving (DFW), TX
Senior Retail Marketing ManagerCabela'sSidney, NE
IT Development ManagerThe Timberland CompanyStratham, NH
ControllerPacific Gateway ConcessionsSouth San Francisco, CA
Web Analytics ManagerNeiman MarcusDallas, TX
Inventory Accountant - IntermediateFollett Higher Education GroupOak Brook, IL
Database Marketing AnalystCSN Stores, LLCBoston, MA
Sales Forecast ManagerCarolina PadCharlotte, NC
Head of eBusiness OperationsCrate and BarrelNorthbrook, IL
Manager, Strategic Retail PricingCVS CaremarkWoonsocket, RI
Website AnalystFollett Higher Education GroupOak Brook, IL
Online Buyer - Home ElectronicsSearsHoffman Estates, IL
AnalystOakley, IncFoothill Ranch, CA
Manager of Children's Product DevelopmentThe TJX Companies, Inc.Framingham, MA
eCommerce Web BuyerBelkCharlotte, NC
North America Retail Accounting ManagerNike, Inc.Portland, OR
Innovation Leader - MaximizerHallmark CardsKansas City, MO
Category ManagerCVS CaremarkWoonsocket, RI
Director of Strategic PricingGuitar CenterWestlake Village, CA
Principal Business ConsultantOracle CorporationAtlanta, GA
Retail BuyerUniversity Co-operative Society, IncAustin, TX
VP of Business Systems & Process Implementation / AdministrationDick's Sporting GoodsPittsburgh, PA

  SmartQuote 
You cannot shake hands with a clenched fist."
--Indira Gandhi,
Indian prime minister


 
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