Tuesday, May 3, 2011

Retailers were ready when bin Laden news hit

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May 3, 2011News for the retail industry

  Industry Watch 
 
  • Amazon prepares to debut exclusive flash-sale site for fashion
    Amazon is set to launch a members-only fashion website today, offering as much as 60% off apparel, jewelry, shoes and accessories for men, women and children. MyHabit.com will compete with established flash-sale sites for fashion, such as Gilt.com and RueLaLa.com, with four to six daily designer deals and as many as 40 weekly sales. Women's Wear Daily (subscription required) (5/3) LinkedInFacebookTwitterEmail this Story
  • Drugstore chains ramp up retail clinic offerings
    Pharmacy chains have seen sales from in-store clinics grow an average of 81% each year since 2005, and the big three have ramped up clinic offerings to attract new customers. Walgreens now offers daily cholesterol and blood-sugar testing at more than 1,400 of its U.S. stores, CVS MinuteClinics just added B-12 shots and HPV vaccines, and RiteAid is touting its vaccines for shingles and whooping cough. MediaPost Communications/Marketing Daily (5/2) LinkedInFacebookTwitterEmail this Story
  • Dish Network names new Blockbuster president
    Dish Network has named Michael Kelly as the new president for video rental chain Blockbuster, which the satellite TV company acquired for $320.6 million last month. Dish bought Kelly's company, Kelly Broadcasting Systems, in 2009, and he has served in several executive roles since. InternetRetailer.com (5/2) LinkedInFacebookTwitterEmail this Story
  • Other News
Facebook eCommerce Success: 3 Best Practices
Getting the most from Facebook investments continues to be a leading business concern. Learn how and why a combination of tools — both on-site and off — achieves the greatest impact and optimal user experience. Click here to download the free whitepaper
  Retail trends 
 
  • Retailers were ready when bin Laden news hit
    T-shirt sellers were already selling commemorative shirts when President Barack Obama officially announced the death of Osama bin Laden on Sunday night, and retailers around the country have followed suit with a slew of memorabilia to mark the terrorist leader's fall. "Entrepreneurs are keen on finding the moment. At the end of the day, if they're not providing it, somebody else is going to," said NRF spokesman Scott Krugman. The Palm Beach Post (Fla.) (5/2), USA TODAY (5/2) LinkedInFacebookTwitterEmail this Story
  • How the Millennials are shaping the future of luxury retail
    Luxury retailers who use social media to reach Generation Y's influencers with authentic messages and sell them quality products that stand the test of time are seeing a brighter future, experts say. As a group, the generation is outspoken, influencing not only each other but also the rest of the world. "What they do now, they will likely do when they're older. But what they're doing now gets communicated to other segments of the population, as well," said Ideeli CEO Paul Hurley. STORES magazine (5/2011) LinkedInFacebookTwitterEmail this Story
  • Small merchants feel the pinch of higher cotton prices
    Small apparel retailers such as Painted Pony in San Antonio, Texas, are feeling the pain as cotton and other fabric prices continue to rise. Owner and designer Kathy Hoermann changed up her offerings to include more rayon blends, linen and faux silks after seeing cotton prices increase about 30% last year, but higher costs for the non-cotton fabrics finally led her to raise prices on her garments. San Antonio Express-News (5/2) LinkedInFacebookTwitterEmail this Story
Akamai - The Right Partner with the Right Solution
Are you failing to to satisfy user expectations for an outstanding online shopping experience? Do you need to accelerate your dynamic content? Do you strive to be a retailer that pushes the envelope with site technology and offerings? Learn why the Akamai Dynamic Site Accelerator is the right solution for those issues and more.
  Retail Technology 
 
  • 20 top Twitter feeds from national retailers
    Retail chains have ramped up their activity on Twitter, and they're taking diverse approaches when it comes to content, from customer service and lessons in company culture from Zappos to tech support from Best Buy's Geek Squad to home maintenance tips from Home Depot and bargains from Target and Sears. Practical eCommerce (5/2) LinkedInFacebookTwitterEmail this Story
Star Bright Kids gets 1 order every 30 seconds during holiday season on Amazon.com
"During the holiday season, FBA ships approximately 2,000 orders a day for Star Bright Kids Company, a task that would be impossible for the two of us on our own." Susan Klieman, Co-President Star Bright Kids Company. Click here to read the case study.
  Main Street 
 
  • Social recruiting: Efficient, yes -- but dangerous too
    With memberships ranging from 100 million to 500 million, LinkedIn, Twitter and Facebook can bring a new level of efficiency to employee recruiting, Sarina Trangle writes. Experts say it's important to build your community before an employee search, or consider paid ads to expand your applicant pool. But be careful about researching candidates selectively: Information such as age and religion can open you up to charges of illegal bias. BusinessNewsDaily.com (4/28) LinkedInFacebookTwitterEmail this Story
  • Tips for solving the profit problem
    Fewer than 40% of small businesses reported profits or an increase in profits last year, according to the National Small Business Association. Patricia Sigmon says too many business owners watch income rather than profit and lack a formal budget to keep a rein on expenses. Another tip for boosting profit: Find a way to charge by subscription or retainer, helping to generate more consistent cash flow. Crain's New York Business/Executive Inbox blog (4/29) LinkedInFacebookTwitterEmail this Story
Most retailers are now realizing the impact of effective inventory management on their bottom line. Inventory management is the number-one supply chain initiative current and planned, according to a study by the National Retail Federation. Learn more about intelligent inventory management solutions that predict the best mix for long term success.
  Policy & Government Affairs 
  Sponsored Content 
 

  NRF News 
  • State of Retailing Online details the current mobile retail landscape
    Retailers are substantially increasing investment of mobile and social efforts by leaps and bounds, according to a recent Shop.org survey. The 2011 State of Retailing Online report, released today, found that 48% of retailers report having a mobile-optimized website, 35% have deployed an iPhone app, and 15% offer an Android app and an iPad app, respectively. The report also found that 21% of all mobile traffic originates from tablets. Read more. LinkedInFacebookTwitterEmail this Story
 
  • A retailer's guide to the 112th Congress
    As the 112th Congress takes up national debt, tax policy and privacy issues in the coming months, don't miss out on the best resource on public policy for retail executives -- NRF's Government and Legal Affairs Update. Covering a range of issues like swipe fees, labor and health regulations, consumer privacy and online marketing, this report provides background, recent Congressional actions and the impact on retail of the many issues before Congress. Learn more. LinkedInFacebookTwitterEmail this Story

Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
  • Other News
The Buzz(CORPORATE ANNOUNCEMENTS)

Harnessing the power of social media analytics allows you to sift through thousands of consumer comments to gain insights about how your brand is perceived. Learn how retailers can benefit from social media analytics from Lori Schafer, Executive Advisor for Retail at SAS, and hear her tips on how you can get started. Click here to listen to the podcast.

Interested in learning more about advertising in NRF SmartBrief? Contact Susan W. Kim at (202) 407-7877 or skim@smartbrief.com.  

  Editor's Note 
  • SmartBrief has an Android app
    SmartBrief is proud to announce the launch of our Google Android application, available for download at Android Market. The app extends our promise to keep you informed and save you valuable time every day. Download the app, and tell us what you think. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
The mediocre teacher tells. The good teacher explains. The superior teacher demonstrates. The great teacher inspires."
--William Arthur Ward,
American author


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