 | January 6, 2011 | News for the retail industry |  |  | |
- Private-equity firm acquires Dots
Irving Place Capital acquired Dots, a women's fashion and accessories retailer with 414 stores in 26 states. Dots targets 25-to-35-year-old women with trendy fashions, footwear and jewelry whose prices top out around $25. Irving Place's previous investments include stakes in Aeropostale, New York & Co. and Vitamin Shoppe. The Plain Dealer (Cleveland) (1/4)       - Saks to close Denver store this spring
Saks will close its store at Denver's upscale Cherry Creek Mall in March. It will Saks' seventh store closing since July, when the luxury retailer began an evaluation process that's likely to result in more closings of underperforming stores this year. The 87,000-square-foot Denver store opened with the mall two decades ago, and is Colorado's only full-price Saks store. American City Business Journals/Denver (1/5) , Women's Wear Daily (subscription required) (1/6) - Branding is about telling stories, says Under Armour CEO
Brands need to learn to tell stories about themselves, says Under Armour CEO Kevin Plank. The key, Plank adds, is to manage the cadence and continuity of the company's story as it unfolds in each new product, promotion or advertising campaign. "Every great brand is like a great story. Every commercial we run, every product we make, is like a chapter in that book," he says. Knowledge@Wharton (1/5) - Kellwood acquires upscale apparel brand Rebecca Taylor
Kellwood acquired 15-year-old high-end apparel brand Rebecca Taylor, a deal that industry watchers say is the start of a clothing-company buying binge this year. "We look forward to leveraging Kellwood's size, relationships and resources to continue to grow our business both domestically and internationally," said Rebecca Taylor, the brand's namesake. Crain's New York Business (1/5)  | Facebook eCommerce Success: 3 Best Practices
Getting the most from Facebook investments continues to be a leading business concern. Learn how and why a combination of tools — both on-site and off — achieves the greatest impact and optimal user experience. Click here to download the free whitepaper | - Snowstorm softens December retail sales growth
Several U.S. retail chains reported lower-than-expected December sales, with many affected by an East Coast blizzard the day after Christmas. Chains including Gap, Macy's, Target and American Eagle missed analysts' projections for December growth. Some industry watchers say shoppers are likely to make up for lost time this month, while others worry that newly frugal consumers have resumed their thrifty ways. Bloomberg (1/6) , Reuters (1/6) , The Wall Street Journal (1/6) - Jeans manufacturers focus on sustainable processes
Organic cotton labels have disappeared from many high-end jeans brands in the past year or so, a casualty of the downturn that made consumers shop for less pricey pants. Still, the industry hasn't given up on sustainability. The efforts are less visible as brands address manufacturing matters such as water use, dye impact, labor issues and fair trade. The New York Times (free registration) (1/5) - Consumers keep away from clashing colors
 Consumers prefer products with simple colors that complement each other rather than bolder hues that many see as clashing, according to new research. Study subjects asked to pick the colors for seven parts of an athletic shoe tended to choose the same or similar colors for each part. Science Blog (1/5)  | In "How The Vitamin Shoppe Answered the Inventory Question," Tony Truesdale (President & Chief Merchant) and Jason Scheffer (Director of Inventory) discuss how the company quickly raised turn & in-stocks while reducing working capital needs prior to The Vitamin Shoppe's successful IPO. Visit 4R @ NRF - Booth 436 - to learn more. | - Report: Online sales of counterfeit goods likely to soar this year
Online sales of counterfeit products are likely to cost businesses $135 billion in lost revenue this year, according to a report from online brand-protection company MarkMonitor. The company urges online retailers to protect their brands by regularly monitoring the Web and online ads for productsthat use their names, and use legal channels to fight back vigorously against the worst offenders. InternetRetailer.com (1/5)  | |  | | | 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. | |  |  |  |
- Top trends for the upcoming tax season
Taxes were a hot-button issue for much of 2010 in part because of the extension of Bush-era tax cuts, and that is expected to continue into 2011, writes Barbara Weltman. She warns small-business owners to watch out for an increase in IRS audits, more information reporting and continued uncertainty about health-care reform. Small Business Trends (1/4)
| NRF News |  | | | - Retail's BIG Show standard registration ends Friday
Want to attend the year's biggest and best retail industry event? Here's your last chance to save on registration for NRF's 100th Annual Convention & EXPO, Jan. 9-12 in New York City. Registering before January 7 can save you more than $200 off the on-site rate. NRF retail members save even more by registering as a 5-person retail team. Learn more.
 | Cognizant & RIS News Present: Ten Megatrends that Will Rock the Retail World. The retail landscape is forever altered by the escalating demands of the Millennial generation, social media, mobile communications and more. This dramatic shift is driving the need for a radically different shopping experience. Download our new report, and find out how you can earn a $15 iTunes gift card. Click here to learn more. |  | |  | | The Buzz(CORPORATE ANNOUNCEMENTS)
Facebook eCommerce Success: 3 Best Practices
Getting the most from Facebook investments continues to be a leading business concern. Learn how and why a combination of tools — both on-site and off — achieves the greatest impact and optimal user experience. Click here to download the free whitepaper
 | | | Interested in learning more about advertising in NRF SmartBrief? Contact Susan W. Kim at (202) 407-7877 or skim@smartbrief.com.  | | |  | |  |
| Career Track | | | |  | |  | | | | |  |  Senior Buyer for Wine | Total Wine & More | Potomac, MD | | Director of eCommerce | South Moon Under | Berlin, MD | | Senior Project Manager | PetSmart | Phoenix, AZ | | Senior Merchandise Planner/Distributor | Navy Exchange Service Command | Virginia Beach, VA | | Divisional Merchandise Manager | Navy Exchange Service Command | Virginia Beach, VA | | Traffic Management Specialist | Navy Exchange Service Command | Virginia Beach, VA | | Merchandise Planner | Navy Exchange Service Command (NEXCOM) | Virginia Beach, VA | | Chief Financial Officer | Prime Communications | Sugar Land, TX | | Merchandise Planner | Navy Exchange Service Command (NEXCOM) | Virginia Beach, VA | | Associate Buyer - International & Offshore Markets (Bilingual Spanish required) | OfficeMax | Naperville, IL | | Chief Merchant/General Merchandise Manager | Moosejaw Mountaineering | Madison Heights, MI | | Buyer - Ladies Apparel - Special Sizes | Stein Mart | Jacksonville, FL | | Vice President of Strategic Planning | Rent-A-Center | Plano, TX | | | |  | |  |
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