Friday, May 13, 2011

Kohl's to open 30 smaller stores this year

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May 13, 2011News for the retail industry

  Industry Watch 
 
  • Kohl's to open 30 smaller stores this year
    Kohl's plans to open 40 new U.S. stores in 2011, 30 of them with smaller footprints designed for urban areas. The chain has been building and operating the smaller stores, which typically take up about 60,000 square feet, for about a decade in some markets, but the recent rapid rise in online shopping and a desire to enter more densely populated markets where every inch of floor space counts has spurred further plans for smaller stores. American City Business Journals/Dayton, Ohio (5/12) LinkedInFacebookTwitterEmail this Story
  • Q-and-A: OfficeMax marketing executive Bob Thacker
    Retailers and consumers are still in post-recession shock, feeling creativity-killing fear and doubt when what they need to do is shake it off and return to their innovative roots, says retail marketing veteran and OfficeMax executive Bob Thacker. In this Shop.org interview, Thacker shares his insights into the way new and old media will work together, the growing role of mobile and some of his favorite moments from campaigns past. Shop.org Blog (5/13) LinkedInFacebookTwitterEmail this Story
 
  • Other News
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  Retail trends 
 
  • Thieves steal debit-card data from Michaels stores in 20 states
    Thieves tampered with debit-card readers at Michaels stores in 20 states and used the data they retrieved to create new cards and go shopping in California, the company revealed this week. Criminals perpetrated a similar crime at ALDI supermarkets last year, and incidents are on the rise. Often, thieves install devices that read card data and PIN numbers by distracting cashiers or posing as repairmen, and many actually switch out the stores' machines for ones already set up to send them the data, says NRF's Joe LaRocca. The Wall Street Journal (tiered subscription model) (5/13) LinkedInFacebookTwitterEmail this Story
  • Wealthy Americans jump on the cost-cutting bandwagon
    Even the wealthiest Americans are cutting back. Surveys show that even those with ample funds are being more selective in their purchases and say price plays a bigger role in buying decisions. In a Harrison Group survey, 38% of shoppers with a median income of $275,000 a year said they wait for items to go on sale, up from 31% last year. In addition, 32% said they are willing to pay more for designer brands because they're more fashionable, down from 51% in 2008. The Wall Street Journal (tiered subscription model) (5/12) LinkedInFacebookTwitterEmail this Story
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  Retail Technology 
 
  • Retailers work to meld the best of online and in-store
    New retail technology is aiding retailers in their efforts to take the best parts of online and in-store shopping to redefine the shopping experience, a push that started with the introduction of QR codes that offer in-store smartphone users the chance to immediately access product data and deals. Interactive digital displays and other technology on display at NRF's Big Show earlier this year showed off a growing number of options for digitally enhancing the in-store experience. FastCompany.com/FC Expert Blog (5/12) LinkedInFacebookTwitterEmail this Story
  • Will shoppers continue to trust retail kiosks?
    Consumers have become fans of self-service kiosks in a host of retail environments, from the convenience-store machine that doesn't judge you for super-sizing a sandwich to mall scanners designed to calculate your size and help you find the best look. But as stories of data breaches and online tracking mount, Evan Schuman wonders whether consumers will continue to trust kiosks to protect sensitive information. StorefrontBacktalk (5/12) LinkedInFacebookTwitterEmail this Story
 
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  Policy & Government Affairs 
  • Business coalition gears up to fight California trucking bill
    A coalition of business groups including NRF are working to oppose a bill in California that would reclassify independent truckers moving goods from the state's ports and rail yards as employees of the companies with which they contract. Labor interests support the measure, since federal law allows for the organization of employees but prohibits independent truckers from joining unions. DC Velocity online (5/13) LinkedInFacebookTwitterEmail this Story
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  NRF News 
  • NRF joins travel coalition to help boost economic growth
    The nation's largest retail association is now the newest member of the Discover America Partnership -- a broad coalition of associations working to reform the antiquated visa process which has cost the U.S. economy billions of dollars in lost sales from international tourists. A reform of this measure would increase tourism, generating demand for U.S. goods and could potentially create 1.3 million U.S. jobs. Read more. LinkedInFacebookTwitterEmail this Story
  • We're hiring! SVP Communities & Networks position open now
    In an effort to round out its all-star executive team, NRF is looking to fill the newly-created position of Senior Vice President, Communities & Networks and Executive Director of Shop.org. In this dual role, the SVP will facilitate an environment of collaboration between all NRF communities, including retail technology, digital retail and loss prevention communities. Learn more. LinkedInFacebookTwitterEmail this Story
  • Bernanke remarks show no need to delay swipe fee reform
    Federal Reserve Chairman Ben Bernanke's remarks before the Senate Banking Committee solidified his stance on no longer delaying swipe fee reform -- remarks welcomed by the retail industry. "Chairman Bernanke has made it clear not once but twice now that there is no need to delay swipe fee reform and the savings it will bring to American consumers this summer," NRF Senior Vice President and General Counsel Mallory Duncan said. Read more. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
Senior Vice President, Communities & Networks and Executive DirectorShop.orgWashington, DC
Stationery BuyerFive Below, Inc.Philadelphia, PA
General Manager, Retail E-Commerce & CatalogSmithsonian EnterprisesWashington, DC
Web Project ManagerThe Wet Seal, INCFoothill Ranch, CA
Director of Real EstateTeavanaAtlanta, GA
Retail Planogram SpecialistHeadquarters Marine Corps, MCCSQuantico, VA
Entry Level Culinary Full TimeWegmans Food MarketsBridgewater , NJ
Entry Level Culinary Part TimeWegmans Food MarketsOcean , NJ
Cook III Full-Time Customer ServiceWegmans Food MarketsBridgewater, NJ
Tax SeniorPetSmart, Inc.Phoenix, AZ
Director of Talent Acquisitionrue21Warrendale, PA
Retail Marketing ManagerL.L.BEANFreeport, ME
Telecom Business Mgr-OCONUSAAFESOkinawa, Japan
Store Software Applications ArchitectPetSmartPhoenix, AZ
DVP Real EstateSpirit HalloweenEgg Harbor Township, NJ
PlannerSpencer GiftsEgg Harbor Township, NJ
Senior Financial AnalystArt Van FurnitureWarren, MI

  SmartQuote 
A healthful hunger for a great idea is the beauty and blessedness of life."
--Jean Ingelow,
British poet and novelist


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