Monday, January 17, 2011

Home Depot's CFO turns her attention to technology

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

January 17, 2011News for the retail industry

  Industry Watch 
 
  • More retailers get into the food business
    Companies including Target, CVS Caremark and Walgreen are selling more fresh, prepared and frozen food in their stores, and traditional grocers are feeling the pinch of competition. Convenience and discount stores said the goal is to increase visits. Deutsche Bank analyst Bill Dreher said customers visit Target stores that stock groceries almost twice as frequently as they do stores without groceries. The New York Times (free registration) (1/16) LinkedInFacebookTwitterEmail this Story
  • Home Depot's CFO turns her attention to technology
    Home Depot was the first home-improvement chain to launch a mobile shopping app last year, and it's moving fast to catch up its tech-savvy competition. The push toward technology is led largely by CFO Carol Tome. Tome oversaw about $350 million in tech spending during the past year. Bloomberg Businessweek (1/13) LinkedInFacebookTwitterEmail this Story
  • Houston's Pinto Ranch gambles on Vegas expansion
    Western-wear retailer Pinto Ranch plans to open its newest store and its first outside Texas this fall, in the high-end Fashion Show Mall in Las Vegas. Luxury retail in Vegas did better than hotels and real estate during the downturn, says CEO Walter Pye Jr. He expects to find an eager audience for the town's first western-wear store among international tourists shopping for a piece of Americana. Houston Chronicle (1/14) LinkedInFacebookTwitterEmail this Story
 
  • Workhorse brands find upscale fans
    Duluth Pack and other "workhorse" brands are finding customers among wealthier consumers who want lasting "Made in America" brands. The Minnesota-based manufacturer and bag retailer, which began 128 years ago making sturdy canoe packs and other wilderness gear, now sells its pricey backpacks and duffel bags at Barneys and Urban Outfitters. Star Tribune (Minneapolis-St. Paul, Minn.) (1/15) LinkedInFacebookTwitterEmail this Story
  • Other News
Each year U.S businesses spend trillions of dollars on goods and services. Focus Research empowers buyers to spend their budget wisely by offering easily accessible and trustworthy information on vendors that support small and mid-size business operations. Download this free whitepaper that compares leading CRM vendors to ensure you choose what's best for your organization.
  Retail Trends 
 
  • Grocery chains feel the squeeze of growing inflation
    Rising food prices mean supermarkets this year will face the ongoing question of whether to absorb the higher costs or pass them along to consumers still struggling to recover from the recession. The number of consumers who depend on food stamps has risen significantly in the past four years, and giant discount chains and warehouse stores are using lower prices to grab more grocery sales, making it less likely that chains will be able to substantially raise prices in 2011. Star Tribune (Minneapolis-St. Paul, Minn.)/The Associated Press (1/16) LinkedInFacebookTwitterEmail this Story
  • Retailers take a cautious approach to 2011
    Merchants cheered better-than-expected holiday sales, but many are still unsure what 2011 will bring. Continued high unemployment may mean a return to belt-tightening after a seasonal splurge, and apparel makers and merchants such as VF Corp. and Aeropostale are keeping inventories lean and anticipating price increases as cotton costs continue to rise. The Wall Street Journal (1/15) LinkedInFacebookTwitterEmail this Story
  • Other News
Gain insight into the overall health of U.S. businesses and how to leverage new tools to better manage business, while reducing risk exposure. View our on-demand Webinar Gain a clearer picture of small-business risk in an uncertain market.
  Retail Technology 
 
  • Canadian company creates aromas to encourage spending
    Canada's Mood Media developed scents to help retailers entice target shoppers, keep them in the store longer and encourage them to buy. "The longer you can get a customer to stay in the store, the more likely they are to buy," CEO Lorne Abony said. "We've proved from our work in America that using the smell of grass cuttings in a (do-it-yourself) store, for example, encourages people to think about buying gardening equipment." United Press International (1/15) LinkedInFacebookTwitterEmail this Story
  • Online sales of household basics heat up
    Free shipping, lower prices and overall convenience make the prospect of buying household essentials online more attractive, with sites such as Amazon's Diapers.com and Soap.com leading the way. "The value proposition of our site specifically revolves around convenience, speed of delivery and the customer-service level," said David Zhang, Soap.com's marketing director. Chicago Tribune (1/14) LinkedInFacebookTwitterEmail this Story
INTRODUCING HP ePRINT— Print from anywhere from any mobile device.* The HP Officejet Pro 8500A Plus e-All-in-One now with $120 INSTANT REBATE. BUY NOW.
*Requires an Internet connection to the printer. Feature works with any Internet- and Email-capable device. Print times may vary. Click here for details.
  Hot Topics 

Top five news stories selected by NRF SmartBrief readers in the past week.

  • Results based on number of times each story was clicked by readers.
  Featured Content 
 
Most Popular Headlines from Last Week
Results based on number of times each story was clicked by readers.

  NRF News 
  • Retail container traffic to be up 8% in January
    Import cargo volume at the nation's major retail container ports is expected to be up 8% in January over the January 2010, according to the monthly Global Port Tracker report released by NRF and Hackett Associates. "While the economy clearly began to recover in 2010 and drove up cargo volume as retail sales improved, maintaining that momentum in 2011 could be difficult," said Jonathan Gold, NRF's vice president for supply chain and customs policy. Read more. LinkedInFacebookTwitterEmail this Story
  • NRF SmartStat: Jan. 17, 2011
    Retail industry sales for December rose 5.3% unadjusted year-over-year. Source: NRF. LinkedInFacebookTwitterEmail this Story
 
  • Find out what you missed at Retail's BIG Show
    If you missed NRF's Centennial Celebration in New York City last week, coverage of the show is at your fingertips on Retail's BIG Blog. Take a peek at a few highlights from the show, including a list of nine retailers who get customer experience right, and a brief on what augmented-reality technologies can do for the shopping experience of the future. Read more. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
  • Starbucks to launch larger cold-drink cup
    Starbucks plans to debut its 31-ounce "Trenta" cup for iced coffee, iced tea and lemonade in 14 states on Feb. 1, and expand the rollout nationwide by May. The coffee chain faces increased competition from McDonald's and other quickservice chains that have expanded their coffee and upscale beverage offerings. Portfolio.com/Reuters (1/16) LinkedInFacebookTwitterEmail this Story
  • Smokey Bones to weave websites into one
    Orlando-based Smokey Bones Bar & Fire Grill will roll out a new website to replace individual sites run by staffers at each of its restaurants. The individual sites helped spur interest in the restaurants, the company said, but it became difficult to maintain consistent quality across all the websites. "You might find that Sally has gone back to school and doesn't really have that time now to spend working on the website, so that was an issue," said Pete Bell, chief marketing officer. Orlando Sentinel (Fla.) (1/16) LinkedInFacebookTwitterEmail this Story
  Career Track 
Asset Protection ManagerSaks Fifth AvenueBeverly Hills, CA
Senior Buyer for WineTotal Wine & MorePotomac, MD
Loss Prevention Manager-PowerMax Warehouse-McCalla, AlaOfficeMaxMcCalla, AL
Lead Analyst, Paid SearchTarget CorporationMinneapolis, MN
Senior Manager, Site PlanningTarget CorporationMinneapolis, MN
Program Analyst/LogisticsMarine Corps Exchanges/Headquarters Marine CorpsQuantico, VA
Merchandise Data AnalystMarine Corps Exchanges/Headquarters Marine CorpsQuantico, VA
Corporate Recruiter - Merchandising and RetailMeijerGrand Rapids, MI
Planogram SpecialistExchange (Army Air Force Exchange Serivce)Dallas, TX
Operational Initiatives ManagerRoss Stores, Inc.Pleasanton, CA
Store Operations Manager - dd's DISCOUNTSRoss Stores, Inc.Pleasanton, CA
Vice President of Supply Chain & ReplenishmentTotal Wine & MorePotomac, MD
Manager of New Store Openings & OperationsRoss Stores, Inc.Pleasanton, CA
Divisional Merchandising Manager - Men's SportswearStein MartJacksonville, Florida, FL
Divisional Merchandising Manager - Home Decor & GiftsStein MartJacksonville, FL
Senior Project ManagerPetSmartPhoenix, AZ
Senior Merchandise Planner/DistributorNavy Exchange Service CommandVirginia Beach, VA
Divisional Merchandise ManagerNavy Exchange Service CommandVirginia Beach, VA
Traffic Management SpecialistNavy Exchange Service CommandVirginia Beach, VA
Merchandise PlannerNavy Exchange Service Command (NEXCOM)Virginia Beach, VA
Merchandise PlannerNavy Exchange Service Command (NEXCOM)Virginia Beach, VA
Associate Buyer - International & Offshore Markets (Bilingual Spanish required)OfficeMaxNaperville, IL
Chief Merchant/General Merchandise ManagerMoosejaw MountaineeringMadison Heights, MI

  SmartQuote 
All progress is precarious, and the solution of one problem brings us face to face with another problem."
--Martin Luther King Jr.,
U.S. civil rights leader,
quoted for Martin Luther King Jr. Day in the U.S., Jan. 17, 2011


 
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
Associate Publisher:  Susan W. 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
 
 
© 1999-2011 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.