Tuesday, April 12, 2011

Wal-Mart campaign touts more items, low prices

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April 12, 2011News for the retail industry

  Industry Watch 
 
  • Sears remakes its cosmetic departments
    Sears is expanding its makeup counters and adding new cosmetic brands to its offerings at 100 stores, building on a successful test of expanded makeup counters in 13 stores last year. In addition to brands including L'Oreal, Maybelline and Essie, the expanded offerings will feature skin-care lines and fragrances, as well as on-site beauty advisers. Crain's Chicago Business (4/11) LinkedInFacebookTwitterEmail this Story
  • Wal-Mart campaign touts more items and low prices
    Wal-Mart Stores, reversing a strategy that involved reducing the number of items in stores, is heralding the return of those items in a campaign called "It's Back." Store signs starting in May will highlight the return of items such as fabric and fishing gear, and store managers are being encouraged to highlight low prices compared with other retailers. The Wall Street Journal (4/11) LinkedInFacebookTwitterEmail this Story
  • Virginia city to benefit from J. Crew's global expansion plans
    J. Crew is planning a $20 million expansion to a facility in Lynchburg, Va., to feed new international markets. The apparel chain, which plans to open its first store outside the U.S. and start shipping orders to Europe this year, expects to create about 175 permanent jobs with the expansion. J. Crew opened its distribution center in Lynchburg in 1986 and today employs about 1,300 workers there. The News & Advance (Lynchburg, Va.) (4/11) LinkedInFacebookTwitterEmail this Story
  • Amazon tops Forbes' list of fastest-growing retailers
    Citing Amazon's 219% increase in sales between 2006 and 2010, Forbes ranked the online merchant the fastest-growing retailer. Amazon and Netflix are the only online-only merchants to make the list, which also includes teen-apparel chain Rue 21 and consumer electronics retailer HHGregg. Forbes (4/11) LinkedInFacebookTwitterEmail this Story
  • Amazon to launch lower-priced ad-supported Kindle e-reader: Amazon plans to launch a Kindle e-reader that sells for $114, $25 less than the lowest-priced version of the popular gadget, but there's a tradeoff. Users of the new Kindle with Special Offers will view advertising on the homepage as they're choosing which digital books to read. General Motor Co.'s Buick brand, Procter & Gamble Co.'s Olay line and Visa Inc. are in line to be the first Kindle advertisers, Amazon said Monday. The Wall Street Journal (4/12), Bloomberg (4/12), MocoNews.net (4/11) LinkedInFacebookTwitterEmail this Story
  • Other News
Facebook eCommerce Success: 3 Best Practices
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  Retail trends 
 
  • Ports beef up radiation inspections of goods from Japan
    Federal agents have increased radiation inspections on ships bringing goods from Japan to the ports of Los Angeles and Long Beach. Since March 18, inspectors have flagged three vessels and 1,800 containers for further inspection, but all were eventually cleared and released, authorities say. April imports at the ports are expected to rise 8.2% above March levels, according to NRF figures, but imports of high-tech goods and cars from Japan are expected to decrease in the coming months as the country's factories struggle to recover from earthquake and tsunami damage and power outages. Press-Telegram (Long Beach, Calif.) (4/11) LinkedInFacebookTwitterEmail this Story
  • Luxury merchants likely to continue their lead in the recovery
    Luxury retailers including Saks and Neiman Marcus were among the first to recover as wealthier consumers started shopping again, and signs point to them continuing to lead in the recovery. Higher-income consumers suffered more psychological than financial damage during the downturn, experts say, and a strong stock market has provided a powerful boost. "The strength of our business -- luxury -- is typically tied to how our customers feel about their personal financial situations. The financial markets are a good barometer of this," said Saks spokeswoman Julia Bentley. The Wall Street Journal/Dow Jones Newswires (4/11) LinkedInFacebookTwitterEmail this Story
  • Fashionistas find in-home trunk shows appealing
    Companies including Carlisle, Doncaster and Worth are finding favor with time-crunched style-conscious women who see the appeal of home-based personal shoppers. Consultants set up weeklong trunk shows in their homes and take smaller selections to their customers' homes, keeping detailed records of what customers buy in order to help them update looks in later seasons. "We keep track of what you bought so this spring we have tops for the bottom you bought last year," said Kathleen McGhee, a director at the Worth Collection. Pittsburgh Post-Gazette (4/12) LinkedInFacebookTwitterEmail this Story
Akamai - The Right Partner with the Right Solution
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  Main Street 
 
  • Customers are like elephants -- they never forget
    Chris Dagger says he was surprised when customers swarmed into his new coffee shop. Just one problem: Most of them remembered the diner that had previously occupied the space, and they came in looking for burgers and fries. So when Dagger opened a second location about an hour away, he reached out through newspaper ads and social media to explain what customers could expect. The new shop is "already receiving more daily customers than our first location and there's no confusion over what we're about," he says. BNET/Owners Only blog (4/11) LinkedInFacebookTwitterEmail this Story
  • Other News
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  NRF News 
  • UPS president offers insights on how retailers can grow
    During a session at NRF's Global Supply Chain Summit, UPS Americas President Romaine Seguin shared tips for retailers on growing their companies after the recession. One of her tips: Go where the customers are. "If you're only selling in [the U.S.], you're missing out on 95% of this world's customers," she said. Read more. LinkedInFacebookTwitterEmail this Story
 
  • Retail container traffic to rise 9% in April
    Import cargo volume at the nation's major retail container ports is expected to be up 9% in April over the same month last year, according to the monthly Global Port Tracker report. "There are challenges ahead from rising prices for gasoline and other essentials, but inventories are under control and retailers are optimistic," said NRF Vice President Jonathan Gold. Read more. LinkedInFacebookTwitterEmail this Story
  • With enhanced technology, retailers and FBI renew efforts to combat retail crime
    NRF, in conjunction with the Food Marketing Institute and the Retail Industry Leaders Association, has announced a plan to launch an enhanced version of the Law Enforcement Retail Partnership Network, a secure national database that allows retailers to share information to combat organized retail crime. The new system, called LERPnet 2.0, will be developed and managed by the ISO Crime Analytics unit of Verisk Analytics. Read more. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
  • More U.S. chains bet on success in India
    Denny's, Pollo Tropical, Applebee's and Johnny Rockets are among the latest crop of U.S. casual and fast-casual chains counting India as a key market for future growth, a country that has proven successful for early entrants including McDonald's and Yum! Brands. Restaurant brands seeking success in India face a few hurdles, including ownership laws that require them to sign Indian partners and a largely vegetarian population that means tweaking the menus. The Sun (Baltimore)/Reuters (4/11) LinkedInFacebookTwitterEmail this Story
 
  • Other News
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Marketing Manager Coupon TeamTargetMinneapolis, MN
Senior Manager, Site PlanningTarget55402, MN
Business Process Consultant Target.comTargetMinneapolis, MN

  SmartQuote 
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--Publilius Syrus,
Latin maxim writer


 
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