Tuesday, March 29, 2011

Wal-Mart reopens 12 of 24 stores damaged in Japan disaster

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March 29, 2011News for the retail industry

  Industry Watch 
 
  • Wal-Mart reopens 12 of 24 stores damaged in Japan disaster
    The earthquake and tsunami that devastated parts of Japan damaged 24 of Wal-Mart's 371 stores in the country, but 12 of them were open for business on Monday, and the retailer plans to open the others as soon as possible. Two of the stores were completely covered in mud, but workers at the other 22 locations set up shop in the parking lots shortly after the disaster to give away bottled water and noodles and sell some limited items. Reuters (3/28) LinkedInFacebookTwitterEmail this Story
  • 7-Eleven mobilizes for Japanese disaster relief
    Almost 39,000 7-Eleven stores worldwide are raising money for disaster relief in Japan. "We want to connect with our customers around the world to assist Japan and its people in rebuilding their lives after such devastating disasters," said President and CEO Joe DePinto. The effort includes collection canisters and a company contribution. Convenience Store News (3/28) LinkedInFacebookTwitterEmail this Story
  • Other News
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  Retail trends 
 
  • Consumer spending continues 8-month upswing in February
    Consumer spending rose 0.7% in February, making it the eighth consecutive month of growth and easing some concerns about the economy. Adjusted for inflation, consumption rose 0.3%, according to a Commerce Department report released Monday. "Consumers could have endured these higher [gasoline] prices by cutting back on discretionary purchases, but they did not," said Ken Mayland, president of ClearView Economics. The Wall Street Journal (3/29) LinkedInFacebookTwitterEmail this Story
  • Experiential gift cards aim to spread "social capital"
    The latest trend in gift cards involves giving loved ones the gift of new experiences, from romantic dinners for two in Manhattan to surfing in California. Sellers including Smartbox, Cloud 9 Living and Xperience Days say the new cards are winning fans because they make givers feel creative and give recipients choices of exciting new experiences they can share with their social networks. "Status is out, social capital is in. ... You can post pictures of your African-safari experience, but you can't put up a picture of your Mercedes. That's tacky," said Mintel analyst Susan Menke. Advertising Age (tiered subscription model) (3/28) LinkedInFacebookTwitterEmail this Story
  • Luxury retailers are betting big on China's wealthiest consumers
    China boasts 115 billionaires and almost 1 million millionaires, and luxury retailers including Dolce & Gabbana and Ralph Lauren are betting big with plans to add stores there in the coming years. Other merchants have made similar moves in recent years, only to find that many of China's wealthiest prefer to do their high-end shopping in other countries, where prestige is higher and prices are lower -- only 40% of the $13 billion in luxury purchases by China's consumers were made at home last year. CNBC (3/28) LinkedInFacebookTwitterEmail this Story
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  Retail Technology 
 
  • Fashism 2.0 debuts with enhanced sharing features
    Fashism, a mobile application and social game aimed at making brick-and-mortar shopping more fun by allowing users to seek fashion advice from other users by uploading pictures of themselves, has launched a new version that adds even more sharing features and geo-location technology that lets shoppers identify their exact locations. The app also includes an augmented reality feature that enables users' smartphones to identify the highest-rated outfit in each nearby store. Women's Wear Daily (subscription required) (3/28) LinkedInFacebookTwitterEmail this Story
  • Other News
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  Main Street 
 
  • 5 ways to prepare for disaster
    It doesn't take a magnitude 9.0 quake to wreak havoc on a small business, writes Rieva Lesonsky. To prepare for the burst pipes and office fires that can strike at any time, create a disaster plan, back up your data and keep insurance up to date. Also, make sure your suppliers are geographically diverse to minimize the effect on your business if a natural disaster hits one part of the country or the world. GrowSmartBusiness.com (3/28) LinkedInFacebookTwitterEmail this Story
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  NRF News 
  • Save the date for NRF's Washington Leadership Conference
    Whether you're a big box, independent retailer, chain restaurateur or state association executive, your voice matters and needs to be heard. Bringing together retail industry leaders and policymakers, NRF will host its 76th annual Washington Leadership Conference June 20-21 in our nation's capital. We know retail is important -- let's make it more important to those on Capitol Hill. Learn more. LinkedInFacebookTwitterEmail this Story
  • NRF SmartStat: March 29, 2011
    Almost 80% of retailers ranked driving up customer loyalty as their top strategic objective for 2011, compared with only 65% last year. Source: Retail Horizons 2011. LinkedInFacebookTwitterEmail this Story
 
  • When retailers will report monthly sales in 2011
    NRF's 4-5-4 calendar serves as a voluntary guide for the retail industry and ensures sales comparability between years by dividing the year into months based on a 4 weeks/5 weeks/4 weeks format. The 4-5-4 calendar also establishes sales release dates, which have historically been on the first Thursday following the month's end. NRF has released calendars for 2011, 2012 and 2013. View the calendars. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
  • Hardee's aims turkey burger at "young, hungry guys" who count calories
    Hardee's recently became the first national quickservice chain to add a turkey burger to the permanent menu, aiming to appeal to its target demographic of young, male customers. The chain partnered with "Eat This, Not That" co-author Matt Goulding, who spent time with chefs in Hardee's test kitchens to develop a sandwich that met taste expectations as well as health requirements, said spokeswoman Jenna Petroff. SmartBrief/SmartBlog on Restaurants (3/29) LinkedInFacebookTwitterEmail this Story
 
  • Orders of Wendy's fries rise 10% with new recipe
    Orders that include fries have increased at Wendy's since the chain introduced -- and heavily marketed -- its new, crispier, skin-on version flavored with sea salt. Additionally, consumer surveys show that a significant percentage of guests who have tried the fries would recommend them to friends, a key metric for a chain that in the past often lost the "veto vote" in favor of chains with better-tasting fries, some industry experts say. Advertising Age (tiered subscription model) (3/28) LinkedInFacebookTwitterEmail this Story
  • Other News
Merchant Opportunities at Kohl'sKohl'sMenomonee Falls, WI
Senior Buyer, Sports & OutdoorsAmazon.comSeattle, WA
Senior Marketing ManagerStage Stores, Inc.Houston, TX
Senior Project ManagerPetSmartPhoenix, AZ
Director of Customer LoyaltyAeropostaleNew York, NY
Vice-President 24HourFitness.com24 Hour FitnessSan Ramon, CA
Regional Retail Point of Sale (ROPS) Coordinator/NTE 2 yearsHeadquarters, MCCSQuantico, VA
Industrial Engineer LOGSWalmartBentonville, AR
Sr. Strategy Project Manager, LogisticsWalmartBentonville, AR
Senior Planner, Various CategoriesWalmartBentonville, AR
Replenishment ManagerWalmartBentonville, AR
Distribution Center Area DirectorPetSmartAtlanta, GA
Energy ManagerTractor Supply CompanyBrentwood, TN
General Manager, MerchandiseSmithsonian EnterprisesWashington, DC
Retail ManagerTri-County FeedsMarshall, VA
Inventory ManagerTractor Supply Companybrentwood, TN

  SmartQuote 
When a man points a finger at someone else, he should remember that four of his fingers are pointing at himself."
--Louis Nizer,
American lawyer


 
This SmartBrief was created for cpgbrokers.data@blogger.com
 
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