Friday, December 10, 2010

Luxury shoppers lead Neiman Marcus to triple profits

Reading this on a mobile device? Try our optimized mobile version here: http://r.smartbrief.com/resp/AbaIdNdKdIdjhNxMfDajaIcOydpB

December 10, 2010News for the retail industry

  Industry Watch 
 
  • High-end jewelry stores rebound
    The post-recession era has been good to Tiffany and other high-end jewelry merchants, with sales rebounding strongly as wealthier consumers start splurging again. But the joy hasn't spread to lower-priced bauble sellers such as Zale, which remains cash-strapped. Unlike other retail sectors that have rebounded relatively uniformly, jewelry merchants are seeing two distinctly different recoveries. The Wall Street Journal (12/10) LinkedInFacebookTwitterEmail this Story
  • Lululemon debuts "stink-free" yoga wear
    Athletic apparel company Lululemon talked up its latest innovation during a call this week to announce earnings growth that beat analysts' expectations. A new line of yoga wear made from fabric laced with silver to squelch odor-causing bacteria is the latest in the innovative chain's products created in response to customer demand, industry experts say. The Globe and Mail (Toronto) (12/10) LinkedInFacebookTwitterEmail this Story
  • Other News
Mobile Marketing, Mobile Payments: Both or Neither?
Trust ACI Worldwide as your payments system provider. Please click here to answer five short questions on how you see mobile being implemented in your organization.
  Retail Trends 
 
  • Retailers take the toy game seriously this season
    Retailers are working harder this holiday season to capture a larger share of the $22 billion toy market. Toys R Us launched 600 pop-up stores around the country, bookseller Barnes & Noble created in-store toy departments, and Target has boosted its toy offerings to about 8,000, more than any other mass merchant. Lower prices, fewer players and the need to compete with electronic gadgets for consumer dollars are behind the trend, industry analysts say. The Sun (Baltimore) (12/10) LinkedInFacebookTwitterEmail this Story
  • Shoppers leave the plastic at home for the holidays
    More shoppers are paying for holiday purchases with cash instead of credit cards, determined to stick to strict budgets and avoid a repeat of recession-era struggles to pay off their debts, according to several recent surveys. Meanwhile, credit card companies are offering increasingly attractive discounts and deals to encourage shoppers to use their cards, and retailers are promoting deals tied to their branded store cards, whose holders tend to spend more and shop the stores more frequently. The New York Times (free registration) (12/9) LinkedInFacebookTwitterEmail this Story
  • Apparel chains shake things up to cater to mature customers
    Today's mature woman dresses to fit her own personal style, a fact chains such as Chico's, Ann Taylor and Jones New York are keeping in mind as they change up their merchandise mixes, this story reports. Some of the changes were spurred by the recession, during which more women shoppers focused on acquiring classic pieces that fit in with their wardrobes rather than snapping up the latest trendy fashions. The Miami Herald (free registration) (12/8) LinkedInFacebookTwitterEmail this Story
Supercharging the Online Channel
Getting to the right shoppers and then converting them to buyers in your online store is every retailer's key objective. Short purchase windows, impatient buyers, and new mandates around security are creating unprecedented demands on commerce sites. Learn how to attract customers to your site, optimize their online shopping experience and drive more transactions. Watch the webinar NOW!
  Retail Technology 
 
  • Puma adds in-store iPads to tap shoppers' creative energy
    Puma has invested in an extensive in-store iPad solution that allows shoppers to design their own shoes. Customers work at a table covered in materials used to build two of Puma's popular shoe styles, using iPads to design a personalized pair. The computer sends the completed design and order to the register. The chain is rolling out the new system in 15 European stores this month, with plans to bring it to the U.S. next year. Advertising Age (tiered subscription model) (12/9) LinkedInFacebookTwitterEmail this Story
 Multichannel Retailing 2010: Facts, Issues, and Opportunities for Growth.
Most retailers operate with a combination of stores, websites and other channels. But what is really being achieved with the extension of multichannel retailing, and which challenges and opportunities do you need to address now to stay competitive in 2011? Find out with this free, in-depth market research.
 

  Featured Content 
 

  NRF News 
 
  • Attending Retail's BIG Show with colleagues?
    NRF retail members attending Retail's BIG Show can save even more by registering as a team of five. The new team rate applies to retail members registering at the same time. Each team member receives the "Members Only" retail team rate of $725 per person -- a $550 savings off the on-site rate. Learn more. LinkedInFacebookTwitterEmail this Story

Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
  • Nestle cafes to expand in the Middle East
    Nestle announced two franchise deals this week that will increase the number of Nestle Toll House Cafe by Chip locations in the Middle East. One group plans to open at least 47 of the dessert bars in Saudi Arabia during the next decade, and a second franchisee plans to roll out at least 48 cafes in Kuwait, UAE and Jordan. QSRWeb.com (12/9) LinkedInFacebookTwitterEmail this Story
  • Other News
  Career Track 

Manager, Web Merchandising IntelligenceKohl's Corporate OfficesMenomonee Falls, WI
Director, Guest ServicesSpencer Gifts/Spirit Halloween/ToyZam!Egg Harbor Township, NJ
Director of Marketing and LicensingSpencer Gifts/Spirit Halloween/Toyzam!Egg Harbor Township, NJ
Director of eCommerceSpencer Gifts/Spirit Halloween/ToyZam!Egg Harbor Township, NJ
Buyer - Ladies Apparel - Special SizesStein MartJacksonville, FL
Senior Software EngineerBass Pro ShopsSpringfield, MO
Store Technology LeaderPetSmartPhoenix, AZ
Director of Field ConstructionRent-A-CenterPlano, TX
Manager, Home Office Human Resources (Recruitment & Employee Relations)Follett Higher Education GroupOak Brook, IL
Regional Manager Development ProgramFollett Higher Education GroupMultiple Locations, United States
Retail Construction Project ManagerTeavanaAtlanta, GA
Assistant Category Manager - Reader's MarketSearsHoffman Estates, IL
Planogram Specialist (Temporary not to exceed 2 Years)Headquarters Marine Corps/ Marine Corps ExchangeQuantico, VA
Business Process AnalystQVCWest Chester, PA
Legal CounselKohl'sMenomonee Falls, WI
Branch Head/Field Operations (Marine Corps Exchanges)Headquarters/MCCSQuantico Marine Corps Base, VA

  SmartQuote 
It seems that we learn lessons when we least expect them but always when we need them the most, and, the true gift in these lessons always lies in the learning process itself."
--Cathy Lee Crosby,
American actress


 
This SmartBrief was created for cpgbrokers.data@blogger.com
 
Subscriber Tools
     
Update account information | Change e-mail address | Unsubscribe | Print friendly format | Web version | Search past news | Archive | Privacy policy
 
Advertise
Senior Account Director:  Susan Kim (202) 407-7877
Job Board:  Celia Rothschild (202) 470-1159
 
 
 Recent NRF SmartBrief Issues:   Lead Editor:  Megan Conniff
Contributing Editor:  Faye Rapoport
   
Mailing Address:
SmartBrief, Inc.®, 1100 H ST NW, Suite 1000, Washington, DC 20005
 
 
© 1999-2010 SmartBrief, Inc.® Legal Information

No comments:

Post a Comment

Please comment thoughtfully CPG Brokers, your best resource to optimize your in store self exposure and maximize sku distribution.