Friday, October 8, 2010

Mitchells moves west in search of new customers

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October 8, 2010News for the retail industry
 
  Industry Watch 
 
  • Mitchells moves west in search of new customers
    For more than 50 years, Connecticut-based Mitchells stores' fortunes rose and fell along with those of the Wall Street execs and hedge-fund managers who bought their high-end suits. Now the chain, whose high-profile clientele includes former GE chief Jack Welch, is looking westward with its acquisition of San Francisco-based Wilkes Bashford, whose styles are prized by tech moguls such as Apple's Steve Jobs. Bloomberg (10/7) LinkedInFacebookTwitterEmail this Story
  • Amazon is ready for rivals with Android application store
    Amazon is set to ramp up its head-on competition with Apple and Google as it prepares to launch an Android application store. Industry types say Amazon will start with a big advantage over Google, having cemented payment relationships with millions of customers who have become familiar with the company's checkout system. The Wall Street Journal (10/7) LinkedInFacebookTwitterEmail this Story
  • Mango plans aggressive expansion in China
    Spanish clothing retailer Mango plans to open up to 220 stores in China next year, building on the success of its existing 100 locations there as it aims to capture more of the fast-growing market. The company now reaps about 3% of its total sales from China, and it expects that share to rise to 10% by 2013. Bloomberg (10/6) LinkedInFacebookTwitterEmail this Story
 
  • Other News
How can you control your largest source of shrink… if it can't even be seen? Learn how top retailers such as Vitamin Shoppe find, track, and stop employee theft. Our free White Paper explains key loss prevention facts and trends that you need to know, and how exception reporting—properly executed—can dramatically increase your profits and deliver big ROI! Get your copy now!
  Retail Trends 
 
  • Retail fashion buyers praise spring styles from Paris
    Paris Fashion Week proved inspirational for retail buyers, who lauded the diverse mix of retro and modern styles from a host of houses including Chanel, Givenchy and Balenciaga. "Paris has been an interesting juxtaposition: The effusive, Yves Saint Laurent fever with rich peasant, bohemian look on one side, and pared-down chic, with the love of white on the other," said Neiman Marcus fashion director Ken Downing. Women's Wear Daily (subscription required) (10/7) LinkedInFacebookTwitterEmail this Story
  • Grocery choices reflect a changing industry
    California's Silicon Valley, where some grocery stores are struggling and others are thriving, reflects the larger forces at work in the industry, with consumers able to buy food from drugstores, discount stores, gourmet markets and more. "Now we have a proliferation of formats unlike anything we've seen before," said food-industry expert Ben Senauer. "And customers are being pulled in all these different directions." San Jose Mercury News (Calif.) (free registration) (10/6) LinkedInFacebookTwitterEmail this Story
  • The importance of focusing on the local angle
    Companies that for decades sold the same items and had the same look in every community are now discovering the benefits of tailoring their offerings to local likes and dislikes. For example, the recipe for Coke changes slightly in different markets, and Kraft Foods monitors sales to help grocery stores stock items to meet the tastes of different regions. DailyFinance.com (10/7) LinkedInFacebookTwitterEmail this Story
  • Other News
Are you prepared to battle fraud in 2011? Watch 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.
  Retail Technology 
 
  • Facebook fans crave exclusive retail deals
    Merchants are working hard to discover the best ways to turn Facebook fans into customers. At last week's Shop.org Summit, Jones Apparel Group e-commerce President Ron Offir offered insight into his company's successful efforts, which focus on creating new experiences, pop-up shops and exclusive deals users won't find on the company's e-commerce site. Shop.org Blog (10/6) LinkedInFacebookTwitterEmail this Story
 
In any industry, operational excellence revolves around key business outcomes including productivity, cost control, and quality of service. For retailers, all of these outcomes are highly, if not entirely, dependent on the quality of the workforce and how it is managed. Find out what challenges retailers are facing, and what a workforce management solution can do for your bottom line.
  Featured Content 
 

  NRF News 
  • How to convert "likes" to sales
    You've developed a strong and vibrant Facebook community in love with your brand ... now what? Ron Offir, president of e-commerce at Jones Apparel Group, shares how Facebook pop-up stores may be the key to converting "likes" into sales. In a three-minute video, Offir explains what the company learned from a three-day Facebook campaign with designer Rachel Roy. Watch the video. LinkedInFacebookTwitterEmail this Story
  • NRF SmartStat: Oct. 8, 2010
    Holiday retail sales are expected to reach $447.1 billion for 2010. Source: NRF LinkedInFacebookTwitterEmail this Story
 
  • 80 of the Top 100 retailers attend Retail's BIG Show
    Retail's biggest names -- Wal-Mart, Kroger, Target, Walgreen and The Home Depot -- attended Retail's BIG Show in 2010. The 2011 event, our centennial celebration, will be held Jan. 9 to 12, 2011, at the Jacob K. Javits Convention Center in New York. Register by Oct. 15 and save $350. Learn more. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
 
  • 3 ways Chipotle cooks up strategic success
    To turn a startup into a thriving business, it's important not to bow to other people's ideas of what makes a company work, says Chipotle founder Steve Ells. Having a fresh perspective can lead you to come up with bright ideas that will differentiate you from your rivals and inspire real loyalty among your customers and employees. "When I started Chipotle, I didn't know the fast-food rules," Ells recalls. "People told us the food was too expensive and the menu was too limited. Neither turned out to be true." CNNMoney.com/Fortune (10/7) LinkedInFacebookTwitterEmail this Story
Expert career advice — for a bargain price
Just one hour with a top career coach can cost $300. The Career Summit 2010 gives you access to 20 of the best recruiters, coaches, columnists and experts for one low price. Take control of your future and find satisfaction in your career. Discount ends 10/10 — register today!
  Career Track 

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Buyer/Merchant (Foods Merchandising)MeijerGrand Rapids, MI
Category ManagerCVS CaremarkWoonsocket, RI
Associate Buyer (Merchant)Zale CorporationIrving (DFW), TX
Branch Head Logistics & CommunicationHeadquarters Marine Corps/Marine Corps ExchangesQuantico, VA
IT Development ManagerThe Timberland CompanyStratham, NH
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eCommerce Web BuyerBelkCharlotte, NC
Senior Retail Marketing ManagerCabela'sSidney, NE
Website AnalystFollett Higher Education GroupOak Brook, IL
Lead Business Systems Analyst - CRMChico's FAS, Inc.Fort Myers, FL

  SmartQuote 
The wise man questions the wisdom of others because he questions his own, the foolish man, because it is different from his own."
--Leo Stein,
American art collector and critic


 
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