Tuesday, January 25, 2011

Borders to sell calendar-kiosk business

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January 25, 2011News for the retail industry

  Industry Watch 
 
  • Other News
Same DemandTec results, now serving softlines. Recently announced DemandTec Lifecycle Pricing for Softlines delivers the most advanced science available for deep intelligence on volatile merchandise, forecasting, and shopper-centricity for apparel, footwear, and other retailers selling short lifecycle merchandise. Learn more now.
  Retail Trends 
 
  • Retail chains hope space-sharing deals drive traffic
    Many large department store and discount chains are leasing space to specialty retailers in the hope of luring more traffic and higher sales. Recent deals include a Forever 21 store that will take up 15% of the space at a Sears in Costa Mesa, Calif., and RadioShack's cell-phone kiosks inside Target stores. Wal-Mart has reserved space in about 400 of its U.S. stores and is in search of a retail partner, the company said. CNNMoney.com/Fortune (1/24) LinkedInFacebookTwitterEmail this Story
  • Department stores beef up investment in online retail
    Department stores including Dillard's and Macy's are making a major investment as more customers migrate to shopping online. Last month, both chains announced a plan to open Internet-only fulfillment centers. Macy's added that it plans to hire hundreds of workers to support online retail growth. "If online is the fastest-growing segment, you have to be insane not to invest a disproportionate amount of your available capital to online," said retail consultant Howard Davidowitz. Arkansas Business (1/24) LinkedInFacebookTwitterEmail this Story
  • Recession set limited-selection discount grocers on growth path
    Limited-selection supermarket chains including Aldi and Save-A-Lot won recession-era shoppers drawn by lower prices at stores that sell about 80% of the items offered in traditional supermarkets and focus on private-label lines. Aldi plans to add up to 100 stores this year, and Save-A-Lot expects to double in size during the next half-decade. USA TODAY (1/24) LinkedInFacebookTwitterEmail this Story
Blog like the big brands
Sony's Sukhjit Ghag joins practitioners from Cisco, Ford, McDonalds and Proctor & Gamble to share insights into using blogs to expand your business. 23 blogging experts give you strategies for engaging your fans & growing your brand at the Blogging Success Summit. Limited time early bird pricing!
  Retail Technology 
 
  • Food safety law includes supply transparency
    The new U.S. food safety law includes a requirement that all levels of the food supply chain keep information about where their food came from and where it is going, in digital form. Already, some consumers can use mobile devices to instantly learn the sources of their food, and technology companies are introducing products that help track, manage and access the data. The Washington Post (1/24) LinkedInFacebookTwitterEmail this Story
Changing Dynamics of Consumerism
When asked to consider their top strategic priorities retailers chose customer satisfaction and retention as the top overall corporate priority. Retailers must focus on maximizing opportunities, shaping customer demands and anticipate their needs inside the store. Learn more about shaping your store in this free e-book.
  Main Street 
  • Take another look at your tax returns -- before the IRS does
    Faulty math, incomplete information and questionable tax preparers are three of the factors that can be an invitation for an IRS audit, Barbara Weltman writes. Certain forms and schedules can also raise a red flag, and some personal deductions -- such as higher-than-average charitable contributions -- may result in a closer look at your business returns. The Wall Street Journal (1/24) LinkedInFacebookTwitterEmail this Story
  • Why expanding businesses need to expand management
    For a growing business, there are few decisions more important than expanding the management team beyond its founders. Experts recommend thinking carefully about the kind of leader you're looking for, and then providing that person with a well-planned transition to win employees' support. CNNMoney.com/Fortune (1/24) LinkedInFacebookTwitterEmail this Story
  • Other News
  Featured Content 
 

  NRF News 
  • Super Bowl consumer spending expected to reach $10 billion
    As Super Bowl Sunday approaches, the average consumer is expected to spend $59.33 on game-related merchandise, apparel and snacks, with total spending expected to reach $10.1 billion according to a new NRF survey. More good news for electronics retailers: 4.5% of consumers also say they'll purchases a new television for the event. Read more. LinkedInFacebookTwitterEmail this Story
  • NRF SmartStat: Jan. 25, 2011
    Mobile commerce was identified as a top strategic initiative by 69 percent of retailers for 2011, up from 28 percent a year ago. Source: Retail Horizons 2010. LinkedInFacebookTwitterEmail this Story
 
  • Retail execs, economist share roadmap to global economic recovery
    "The recovery is taking hold, but there is mixed evidence as to where and how quickly," said Mark Greene, CEO of FICO. Greene lead a panel discussion on this very topic with executives from Kingfisher, Retail Brand Alliance and Collective Brands and economist Mark Zandi of Moody's. The panel discussed regional areas of strength for retailers, as well as challenges and opportunities within the global economy. Read more. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
  • McDonald's to raise prices this year on higher food costs
    McDonald's plans to raise at least some prices at its restaurants around the globe this year, offsetting at least part of the higher prices for the 10 commodities that comprise about three-quarters of its food-prep costs, the company said Monday. Costs in the U.S. are rising more slowly than they are in Europe, which is a more fragmented market, the company said. Reuters (1/24) LinkedInFacebookTwitterEmail this Story
  • Papa John's passes up Super Bowl ad in favor of giveaway
    Past Super Bowl advertisers including Papa John's and Denny's said they won't spring for ads this year. The pizza chain, which advertises in NFL games throughout the season, said it will instead give away large pizzas if the game goes into overtime for the first time. Denny's, which used spots in past years to promote free Grand Slam breakfasts the day after the game, said it's creating a new marketing campaign after switching ad agencies. USA TODAY (1/23) LinkedInFacebookTwitterEmail this Story
The Buzz(CORPORATE ANNOUNCEMENTS)

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Interested in learning more about advertising in NRF SmartBrief? Contact Susan W. Kim at (202) 407-7877 or skim@smartbrief.com.  

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  SmartQuote 
You read a book from beginning to end. You run a business the opposite way. You start with the end, and then you do everything you must to reach it."
--Harold Geneen,
American businessman


 
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