Wednesday, March 9, 2011

Aeropostale plans to open 25 stores in Asia

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March 9, 2011News for the retail industry

  Industry Watch 
 
  • Aeropostale plans to open 25 stores in Asia
    Teen apparel retailer Aeropostale announced plans to open a store in Singapore later this year, the first step in a plan to open 25 stores in Singapore, Malaysia and Indonesia during the next five years in partnership with operator Montreal PTE. The announcement came on the heels of competitor Abercrombie & Fitch's announcement that it plans to add up to 40 Hollister stores and six namesake flagships in Hong Kong this year. TheStreet.com (3/8) LinkedInFacebookTwitterEmail this Story
  • Reality TV star aims to build branded empire
    Reality TV star Bethenny Frankel hopes to leverage her fame into a successful line of Skinny Girl branded lingerie and shapewear that will be featured on QVC this summer. The new products, forecast to bring in about $3 million in the first year, joins a growing array of Skinny Girl products ranging from exercise DVDs to pre-mixed margaritas. BNET (3/8) LinkedInFacebookTwitterEmail this Story
  • Other News
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  Retail trends 
 
  • Survey: More than half of Americans will celebrate St. Patrick's Day
    More than half of U.S. consumers plan to celebrate St. Patrick's Day next week, up from 45.2% last year, and collectively they'll spend about $4.14 billion on decorations, dining out and party supplies, according to a new NRF survey. About 38 million consumers plan to attend St. Patrick's Day parties at bars and restaurants, the highest number in the eight-year history of the survey. Los Angeles Times (3/8) LinkedInFacebookTwitterEmail this Story
  • Malls expect more grocers to draw shoppers
    Farmers markets and grocers including ALDI and Trader Joe's are moving into mall space, helping to fill cheaper real estate and drive traffic. Today, grocers represent less than 1% of mall square footage, and Craig Johnson with Customer Growth Partners predicts this will increase to 5% by 2020. Bloomberg (3/8) LinkedInFacebookTwitterEmail this Story
  • The changing role of the brick-and-mortar store
    Despite the highly publicized bankruptcies of Blockbuster and Borders, dire predictions that the Internet would bring about the death of brick-and-mortar stores haven't come to pass. Instead, retailers are rethinking the role of the physical store in a digital age. "The physical store is going to remain central to the shopping experience, but the walls are coming down. Customers are going to want an updated, unique experience in stores, and retailers will need to figure out what exactly they want and how to give it to them," says Deloitte senior manager Lisa Gomez. TheStreet.com (3/9) LinkedInFacebookTwitterEmail this Story
  • Other News
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  At the Event 
  • Emotional ties have a place in the customer relationship
    In an era when consumers have many options for finding the products they want to buy, creating emotional bonds that spark loyalty and bring them back to your store is vital, says Amy Klaris, a retail strategist with Kurt Salmon. Research shows consumers believe they share personality traits with their favorite stores and are twice as likely to recommend the retailers they love than the ones they merely like. NRF Blog (3/9) LinkedInFacebookTwitterEmail this Story
 
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  Retail Technology 
 
  • Facebook will stream movies from Warner Bros.
    Facebook users can trade in 30 credits, worth $3, to stream "The Dark Knight" for 48 hours, under a deal between the social site and Warner Bros. The service could mean long-term implications for video-rental company Netflix, but the pay-per-view model might have more of an immediate impact on iTunes and Amazon, said Goldman Sachs Group analyst Ingrid Chung. MediaPost Communications/MediaDailyNews (3/8) LinkedInFacebookTwitterEmail this Story
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  Policy & Government Affairs 
  • More on the debit card swipe fee debate
    Banks and retail groups continue to debate the potential costs and benefits to the consumer of limits on debit card swipe fees, and two representatives took the conversation to PBS Newshour on Tuesday. Banks say the fees pay for the service and they'll have to increase fees elsewhere to make up for it, while retailers argue that high fees set by banks are anti-competitive and harmful to consumers. "There are 7,500 banks in the U.S. And they all charge exactly the same fee. That's not a competitive market. We'd like to see competition," said NRF's Mallory Duncan. PBS (3/8) LinkedInFacebookTwitterEmail this Story
 
  Sponsored Content 
 

  NRF News 
  • Industry pros talk "best of the best" for innovation
    As INNOVATE '11 attendees began to arrive at the Concourse Exhibition Center in San Francisco, we asked a few to share their views on the most innovative retail trends and companies today. In a five-minute video, professionals from John Brown Media, NAB, Gensler, Localeze, The Find and Rich Relevance talk "best of the best" in innovation. Watch the video. LinkedInFacebookTwitterEmail this Story
 
 
  • NRF & KPMG explore lessons learned from the global financial crisis
    Learn about the tactical decisions and strategies retailers across the globe have implemented in the face of a down economy. Together with KPMG, NRF has published the ninth annual state of the industry report -- Retail Horizons -- and will provide a detailed overview of the findings at a March 18 webinar. Sign up now to learn how the industry is recovering and how to position your own company for success. Learn more. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
  • Quickservice franchises get serious about sustainability
    Companies from all areas of business are exploring their options for operating more sustainably, and that includes quickservice restaurant chains. This story looks at efforts by Starbucks, Arby's and McDonald's, including moves by all three to win LEED certification for its new stores at home and abroad. Food & Drink Digital (3/7) LinkedInFacebookTwitterEmail this Story
  • Denny's debuts star-studded video series
    Denny's has launched a series of short online videos set in a booth at one of its restaurants and starring actors and comedians including Kristen Bell, Amy Poehler and Jason Bateman, and hosted by David Koechner of "The Office." The "Always Open" videos have a loose, talk-show format that incorporates real interaction with employees and restaurant guests. All Headline News (3/7) LinkedInFacebookTwitterEmail this Story
  • Other News
  Career Track 
Senior Buyer, Sports & OutdoorsAmazon.comSeattle, WA
Merchandise Planning and Inventory Management Senior ManagerKurt SalmonMultiple Locations, United States
Product Development and Sourcing Senior ManagerKurt SalmonMultiple Locations, United States
Sr. Labor/Employment AttorneyMeijerGrand Rapids, MI
Product Development Foods AssociateMeijerGrand Rapids, MI
General Manager, MerchandiseSmithsonian EnterprisesWashington, DC
National Account ManagerSpecialty Store ServicesNationwide, United States
Senior Marketing Manager, Search Engine Optimizationmacys.comSan Francisco, CA
Manager, Merchandising InitiativesTotal Wine & MorePotomac , MD
District Sales Manager- Texas & Oklahoma MarketLakeshore Learning MaterialsHouston, TX
Director of MerchandisingLakeshore Learning MaterialsCarson, CA
Buyer/Headquarters Level-Marine Corps ExchangesHeadquarters Marine Corps Community ServicesQuantico MCB, VA
Multi-Channel Strategy Sr. ManagerDeloitte Consulting LLPNationwide, United States
Senior Vice President, Communities & Networks and Executive Director, Shop.orgNational Retail FederationWashington, DC
Retail ManagerTri-County FeedsMarshall, VA

  SmartQuote 
The purpose of life on earth is that the soul should grow -- so grow! By doing what is right."
--Zelda Fitzgerald,
American novelist


 
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