Tuesday, February 8, 2011

J.C. Penney to offer in-store shoppers digital experiences

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February 8, 2011News for the retail industry

  Industry Watch 
 
  • Barneys CEO details plans to revamp the brand
    Barneys New York CEO Mark Lee talked publicly about plans to revitalize the brand for the first time since taking the top spot at the iconic specialty chain last fall. This year, Barneys plans to invest in store renovations, a website overhaul that includes a new section dedicated to the history and inspiration for Barneys' windows, and catalog shots from backstage at the Spring 2011 shows taken by high-profile art photographers. The Wall Street Journal (2/8) LinkedInFacebookTwitterEmail this Story
  • More changes for RadioShack as CFO takes the reins
    When RadioShack finance chief and newly appointed President Jim Gooch takes over for retiring CEO Julian Day in May, he'll take up the ongoing task of fine-tuning the merchandise mix. The chain has seen success with increased mobile offerings including adding iPhones and cellphone kiosks in Target, but hasn't done as well in other areas. TWICE (2/7) LinkedInFacebookTwitterEmail this Story
  • Sources: Big Lots might put itself up for sale
    Big Lots reportedly is exploring strategic options that could include a sale of the company, a move sparked by interest from two potential suitors, sources said. The chain, whose 1,400 U.S. stores sell discounted brand-name wares culled from other retailers' overstocks and returns, reportedly was approached by private-equity firms Thomas H. Lee Partners and Bain Capital. Bloomberg Businessweek (2/7) LinkedInFacebookTwitterEmail this Story
  • Other News
Drive sales by adding mobile to your retail communications and marketing campaigns using SMS. Common Short Code (CSC) based text messaging campaigns deliver great results. Download this whitepaper to see how SMS is helping retailers disseminate calls-to-action quickly and to a wider base of population, driving traffic and increasing revenue.
  Retail Trends 
 
  • Local pet shops serve growing demand for organic food
    Independent pet stores are seeing sales of premium pet food rise after taking a dip during the recession, and more small operators aim to capitalize on growing demand for natural, organic, raw food and gluten-free dog and cat fare to help them stand apart from big box chains. Los Angeles Times (2/7) LinkedInFacebookTwitterEmail this Story
Find Out Why Meetings Will Increase in 2011
The number of 2011 meetings being planned by companies will increase 8% over 2010, according to 459 meeting planners responding to the FutureWatch 2011 survey. In addition, 18% of respondents expect a significant budget increase this year; 39% foresee a slight increase.
Is your company at a disadvantage?
  Retail Technology 
 
  • J.C. Penney to offer in-store shoppers digital experiences
    J.C. Penney plans to install large touchscreens called "findmore" devices in 120 of its stores, enabling customers to search the retailer's website for merchandise. In 50 jewelry departments, shoppers can scan an iPad to review offerings in the store's Modern Bride concept. "Offering an in-store digital experience that drives additional sales is a true differentiator for J.C. Penney, and continues to build on our leadership in the digital space as we merge our online and in-store shopping experiences," said Tom Nealon, a J.C Penney vice president. The Wall Street Journal/Dow Jones Newswires (2/7) , Retailing Today (free registration) (2/7) LinkedInFacebookTwitterEmail this Story
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  Main Street 
 
  • Big banks lent billions more to Main Street in 2010
    Three of the largest banks in the U.S. boosted small-business lending by $16.5 billion last year, an increase of 16% compared with 2009 levels. But concerns continue: The Federal Deposit Insurance Corp. on Jan. 13 established a hot line for small-business complaints about banks, and about 300 calls had been logged as of Thursday. Bloomberg Businessweek (2/7) LinkedInFacebookTwitterEmail this Story
  • Other News
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  Featured Content 
 

  NRF News 
  • Urban Outfitters, Arcadia Group, The Container Store execs honored
    The retail industry honored three retail legends at the Annual Retail Industry Luncheon. Glen Senk of Urban Outfitters took home Retail Innovator of the Year, Sir Phillip Green of the Arcadia Group was awarded International Retailer of the Year, and Kip Tindell of The Container Store was named Gold Medal Winner for 2011. Read more. LinkedInFacebookTwitterEmail this Story
  • NRF SmartStat: Feb. 8, 2011
    Consumers will spend $3.5 billion on jewelry this Valentine's Day, up from an estimated $3.0 billion last year. Source: NRF survey conducted by BIGresearch . LinkedInFacebookTwitterEmail this Story
 
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
  • Panda Express plans to grow to 2,300 restaurants by 2015
    Panda Express plans to add nearly 1,000 locations as it expands eastward during the next five years to new markets including northwest Arkansas, Lexington, Ky., and Norfolk, Va. Chinese food ranks as the top ethnic cuisine, but there isn't a leading national chain in the fast-casual segment. Panda Express sees an opportunity to take the lead. FastCasual.com (2/7) LinkedInFacebookTwitterEmail this Story
  • Chains find new ways to advertise during the Super Bowl
    Jack in the Box was the only restaurant company that bought airtime for advertisements during Sunday's Super Bowl, but other chains found ways to build buzz for themselves around the game, including former advertiser Papa John's, which this year shifted to more of a social strategy. Chicago's Himalayan Restaurant & Bar won free attention as the focus of one of three controversial Groupon spots. SmartBrief/SmartBlog on Restaurants (2/8) LinkedInFacebookTwitterEmail this Story
 
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  SmartQuote 
If your company has a clean-desk policy, the company is nuts and you're nuts to stay there."
--Thomas J. Peters,
American management expert and writer


 
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