Wednesday, October 20, 2010

Cincinnati proves a growing market for Saks

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October 20, 2010News for the retail industry
 
  Industry Watch 
 
  • Brookstone launches wholesale and licensing division
    Gift and gadget retailer Brookstone has launched a wholesale and licensing division aimed at expanding the audience for the brand. Longtime Brookstone exec Rudy Woodard has been named executive vice president for product development, and former VF Corp. exec Douglas Colley will head operations for the division. InternetRetailer.com (10/19) LinkedInFacebookTwitterEmail this Story
  • Apple store attendance outpaces amusement parks
    More than 74.5 million consumers visited Apple's 317 retail stores worldwide last quarter, setting a foot-traffic record for the chain and outpacing attendance at live-entertainment venues. Quarterly visitors totaled more than the combined 2009 attendance at Disneyland and Disney World. The Atlantic (10/2010) LinkedInFacebookTwitterEmail this Story
  • Cincinnati proves a growing market for Saks
    Saks CEO Steve Sadove made a quick trip to Cincinnati this week, reassuring the city that the luxury chain sees a bright future for its downtown store. Saks, hit hard by the recession and on a mission to cut costs and beef up the bottom line, has closed six stores this year. The Cincinnati Enquirer (10/18) LinkedInFacebookTwitterEmail this Story
  Retail Trends 
 
  • NRF survey: What will the top 10 holiday trends be?
    Americans aren't ready to return to their post-recession shopping patterns, but they are a bit more willing to consider impulse buys and purchase presents for themselves as well as others this season, writes NRF VP Ellen Davis. Using data from this week's holiday shopping survey, Davis details the top 10 holiday trends for 2010, which include a renewed focus on service and value over price. NRF Blog (10/20) LinkedInFacebookTwitterEmail this Story
  • Industry experts' optimism is tinged with caution
    Signs that the economy is starting to improve had a panel of industry experts waxing optimistic while cautioning that the recovery is far from "typical," at a conference this week. Luxury retail is coming back and some shoppers are once again focused on big-ticket items, said NRF's Scott Krugman, but retailers continue to keep inventories low and focus on promotions. "Everyone knows we're out of the recession. But I don't think consumers are buying it yet." eTrucker.com (10/20) , TruckingInfo.com (10/20) LinkedInFacebookTwitterEmail this Story
  • Global luxury sales are set to hit 2007 levels
    Sales of luxury goods worldwide are on a pace to reach levels not seen since 2007, according to Bain & Co. Fast-growing demand for high-end apparel, accessories, watches and jewelry among Chinese consumers as well as rebounding U.S. demand are driving higher sales. Bloomberg (10/18) LinkedInFacebookTwitterEmail this Story
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  Retail Technology 
  • Retail sites find Flash features don't play on iPad
    Retailers that have spent heavily to develop attention-grabbing e-commerce sites are growing increasingly frustrated about Apple's decision not to support Adobe's Flash on its mobile browser. Chains including Saks and Macy's have spiced up their sites with Flash features, but their efforts don't translate for iPad and iPhone users. The Wall Street Journal (10/20) LinkedInFacebookTwitterEmail this Story
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  Featured Content 
 

  NRF News 
  • NRF tax counsel on C-SPAN: VAT is not the answer
    With the release of NRF's study on the impact of a proposed Value Added Tax as a way to combat the country's growing budget deficit, NRF Tax Counsel Rachelle Bernstein was invited to discuss the study results on C-SPAN's "Washington Journal." When discussing alternatives to a VAT, Bernstein shared that real economic recovery won't be found in a Value Added Tax, but can be addressed with job creation and reduced government spending. Watch the segment. LinkedInFacebookTwitterEmail this Story
  • NRF SmartStat: Oct. 20, 2010
    Four out of five shoppers who say the economy will impact them this holiday season say they'll compensate by spending less. Source: NRF survey conducted by BIGresearch LinkedInFacebookTwitterEmail this Story
 
  • Retail safari store tours explore New York's most intriguing retailers
    Participate in one of three intimate study tours on the heels of Retail's BIG Show, Jan. 9 to 12, 2011, in New York. Tours focus on concept and trendy specialty stores, big box and food format stores, as well as international retailers. Participants will explore the likes of Target, The Plaza's Food Hall, Reed Krakoff, Alexis Bittar, Kid Robot, and Track & Field. Prices range from $85 for NRF members to $160 for nonmembers. Space is limited and advance registration is required. Register or learn more. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
  • Darden details Middle East expansion plans for 3 brands
    Darden Restaurants has partnered with developer Americana Group to bring its Red Lobster, Olive Garden and LongHorn Steakhouse brands to the Middle East. The agreement calls for at least 60 new eateries in several cities including Egypt, Kuwait and Lebanon during the next five years. Americana owns about 1,200 eateries in the region, including U.S. concepts such as KFC, Krispy Kreme and TGI Friday's. American City Business Journals/Orlando, Fla. (10/19) LinkedInFacebookTwitterEmail this Story
  Career Track 
Inventory Control AnalystCastle Megastore GroupTempe, AZ
Senior Director - Retail ApplicationsDSW, Inc.Columbus, OH
Division Merchandise ManagerSearsHoffman Estates, IL
Senior Marketing Manager-Customer ExperiencePetSmartPhoenix, AZ
Human Resources ManagerNeiman MarcusDallas, TX
Senior PlannerPetSmartPhoenix, AZ
Product Development Foods AssociateMeijerGrand Rapids, MI
Merchandise Planner - Emblematic Apparel and Gifts, U.S. StoresFollett Higher Education GroupOak Brook, IL
Foods Product Development Associate Sourcing ManagerMeijerGrand Rapids, MI
Foods Product Development Sourcing ManagerMeijerGrand Rapids, MI
Senior Merchandise Planner - Emblematic Apparel and Gifts, U.S. StoresFollett Higher Education GroupOak Brook, IL
Senior Retail Marketing ManagerCabela'sSidney, NE
Inventory Accountant - IntermediateFollett Higher Education GroupOak Brook, IL
Head of eCommerce OperationsCrate and BarrelNorthbrook, IL
ControllerPacific Gateway ConcessionsSouth San Francisco, CA
Website AnalystFollett Higher Education GroupOak Brook, IL
Manager of Associate RelationsChico's FAS, Inc.Fort Myers, FL
Category Manager - Own Brands (Food & Consumables)SearsHoffman Estates, IL

  SmartQuote 
It's unbelievable how much you don't know about the game you've been playing all your life."
--Mickey Mantle,
American baseball player,
quoted for his birthday, Oct. 20, 1931


 
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