 | April 21, 2011 | News for the retail industry |  |  | |
- Penney's CEO: Cotton costs to boost apparel prices
Higher cotton prices are a major concern for apparel retailers, who are likely to increase clothing prices anywhere from 5% to 20% after holding steady for about two decades, J.C. Penney CEO Myron "Mike" Ullman said in a panel discussion Wednesday. With fuel and food costs also on the rise, higher clothing prices may make it tough to keep consumers spending, he said. American City Business Journals/Dallas (4/20)       - Under new CEO, Tesco moves toward a global focus
Philip Clarke has taken the reins as CEO of Tesco following 14 years of growth under the leadership of Sir Terry Leahy. With U.K. business stalled and U.S. stores losing money, his challenge is to change the company from a U.K. business with an international division to one that is truly multinational. Telegraph (London) (4/20) - The Children's Place reports e-mail database breach
The Children's Place said this week that unauthorized users had breached a database of customer e-mails that is maintained by an external service provider. The data includes names and e-mail addresses but no other personal information, the company says. Network World (4/20)  | Westfield Galleria at Roseville Hits Another Milestone in its Rebuilding Efforts. If anything proves that a mall is more than just a shopping destination, it is the experience faced by Westfield Galleria at Roseville. Immediately following the arson fire of last October, the surrounding community rose up and supported the center like a healing friend. (More) | - Officials search for suspect in attempted Colorado mall bombing
Law-enforcement officials are searching for a man who may be a witness or possible suspect in an attempted bombing incident at a mall in Littleton, Colo., on the 12th anniversary of the shootings that left 13 people dead at Columbine High School, less than two miles away. The man was caught on surveillance tape carrying a white plastic bag and walking in an area not typically frequented by the public, shortly before a security guard saw a fire in the area. A later search turned up explosives. CNN (4/21) - Bright white is the new black
Summer's whites are brighter and slated to carry over into fall and winter, as fashion-forward women eschew the old rules and deck themselves in bright white from head-to-toe, no matter the season. "People are so tired of wearing black -- it's sad and downbeat and reminds us of the bad news in the world that has us exhausted and burned out," said David Wolfe of the Donegar Group, which advises retail chains including Target and Dillard's. San Antonio Express-News (4/20)  | Utilize the Zurich Enterprise Risk Management Healthcheck assessment tool to get a better understanding of your current ERM strategy with recommendations for improvement. Sign up for FREE access today! |
 | Retail Technology |  | | | - Store cameras provide insight on shoppers
Brand marketers and retailers are using in-store video to gather information on shopper behavior, including traffic patterns and purchases related to packaging or display. "It's almost like real-time feedback about how many people clicked on a page," said Rajeev Sharma, founder and CEO of VideoMining, which provides video analytics to companies including Food Lion and 7-Eleven. Supermarket News (4/18)  | Business Gold Rewards Card®
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  - How to be a better bookkeeper
If you're like many small-business owners, you probably keep many of your company's financial details in your head, under your "bookkeeper" hat. But without a more formal system, you may be endangering profits and growth, writes Eileen Gunn, who recommends putting major purchases on the calendar at least a year in advance and using one credit card just for business expenses so you always have the proper records at tax time. Entrepreneur.com (4/20) 
| NRF News | | | | - MarthaStewart.com, Godiva, Build-A-Bear entice and excite this Easter
With Easter right around the corner, retailers are ramping up their efforts to get consumers in store and shopping. In a recent post on Retail's BIG Blog, read what retailers such as MarthaStewart.com, Toys "R" Us, Godiva, Macy's, Payless, Build-A-Bear and Kroger are doing to get their piece of the $14 billion Easter pie. Read more. - Tips for a successful affiliate programs from Zappos and Buy.com
Marketing executives from Buy.com and Zappos.com along with Shawn Collins, author of "Successful Affiliate Marketing for Merchants," will discuss seven tried and true strategies companies should consider to make the most out of their affiliate program during a May 12 Shop.org webinar. Attendees will also hear how affiliate programs can help in customer acquisition, retention and branding. Register or learn more.
| Chain Restaurant News | | | |  | |  | | | | | | Flagship Store Manager | MacKenzie-Childs | New York, NY | | Assistant Buyer | Headquarters Marine Corps/MWR & Business Operations | Quantico, VA | | Business Analyst-Merchandising | Headquarters Marine Corps/MWR & Business Operations | Quantico, VA | | Fixtures & Equipment Project Manager | PetSmart | Phoenix, AZ | | Director of Store Operations | Five Below, Inc. | Philadelphia, PA | | Senior Marketing Manager | Stage Stores, Inc. | Houston, TX | | Retail Store Manager | Kitty Hawk Kites/Kitty Hawk Surf Company | Rodanthe, NC | | Director of Campaign Analysis | Chico's FAS, Inc. | Fort Myers, FL | | Marketing Manager Coupon Team | Target | Minneapolis, MN | | Senior Manager, Site Planning | Target | 55402, MN | | Business Process Consultant Target.com | Target | Minneapolis, MN | | | |  | |  |
| SmartQuote | | | |  | Material power that is not counterbalanced by adequate spiritual power, that is, by love and wisdom, is a curse."
--Arnold J. Toynbee,
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Almost 80% of retailers ranked driving up customer loyalty as their top strategic objective for 2011, compared with only 65% last year. Source: 
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