Tuesday, June 14, 2011

5 leadership tips from GameStop CEO Paul Raines

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June 14, 2011News for the retail industry

  Top Story 
 
  • 5 leadership tips from GameStop CEO Paul Raines
    Everything from excellent customer service to improving loss prevention starts at the top, and good leaders set the example, GameStop CEO Paul Raines told attendees at NRF's Loss Prevention Conference. Raines shares five tips for improving your leadership skills, including staying current with technology and new loss prevention tools and encouraging loss prevention executives to work with marketing and merchandising teams to develop win-win strategies. NRF Blog (6/13) LinkedInFacebookTwitterEmail this Story
 
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  Industry Watch 
 
  • VF Corp. to buy Timberland for $2 billion
    VF Corp. plans to acquire footwear and outdoor apparel company Timberland in a deal valued at $2 billion, the companies said Monday. VF, which owns The North Face, Wrangler and Lee, will pay $43 per share for publicly traded Timberland, which may be best known for its rugged work boots. Bloomberg (6/13), InternetRetailer.com (6/13) LinkedInFacebookTwitterEmail this Story
  • LUSH lends its name to campaign for same-sex marriage
    LUSH Handmade Cosmetics, which has used its stores to campaign for causes including the environment and human rights, has launched a promotion to support a nonprofit organization aimed at overturning the 1996 Defense of Marriage Act. While many brands steer their social cause marketing away from controversial issues, LUSH opts to support causes that are in line with their customers' philosophical beliefs and lifestyle choices. St. Petersburg Times (Fla.) (6/14) LinkedInFacebookTwitterEmail this Story
  • Other News
Could your CRM deliver better ROI?
Today's CRM systems can dramatically improve your bottom line through better customer marketing, engagement and retention — but only if your program is properly designed. Learn how one specialty retailer increased campaign results 300% through creative segmentation — as one of five proven strategies for CRM success. Download your copy now!
  Retail trends 
 
  • Survey: Grocery spending drops as consumers find ways to save
    Americans are spending 7% less on average for groceries each month, even though prices are higher, according to a consumer survey from Acosta Sales & Marketing. Households with an annual income of less than $75,000 have reduced spending by 10% or more. Because of high gas prices, shoppers are making fewer trips to grocers, and they are trimming bills by buying less, using coupons, searching for sales and choosing discount stores. Supermarket News (6/13) LinkedInFacebookTwitterEmail this Story
  • Other News
Turning Online Shopper Uncertainty into a New Source of Sales and Profits. Eliminating consumer uncertainty is a challenge for all online merchants. The question is, how can you address shoppers' concerns and increase sales and profits in the process? Download the buySAFE white paper to learn more NOW!
  NRF's Loss Prevention Conference and EXPO 
 
  • NRF's Matthew Shay kicks off conference with kudos to LP teams
    Retail loss-prevention teams have seen their jobs become more complex with new technologies that promise greater efficiencies but also come with a host of new security challenges, NRF CEO Matthew Shay said in his speech to kick off NRF's Loss Prevention conference in Dallas on Monday. "LP is staying ahead of the curve in a number of ways," he said. NRF Blog (6/13) LinkedInFacebookTwitterEmail this Story
 
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  Retail Technology 
  • AisleBuyer lets shoppers bypass the checkout lines
    App maker AisleBuyer has raised an additional $7.5 million in venture capital funding for its application that lets shoppers avoid checkout lines altogether by using their smartphones to ring up items and pay by snapping a photo of their credit card. The app includes additional features such as the ability to scan barcodes while shopping to access product reviews and additional information. TechCrunch (6/13) LinkedInFacebookTwitterEmail this Story
  Main Street 
  • What's more important than branding? Everything
    When you see the successful branding efforts of a company such as Coca-Cola, it's tempting to engage in some branding of your own, which Susan Payton writes is anything "to make your company stand out in a sea of non-differentiated brands." But for small businesses, "[b]randing can wait," Payton writes. Product development, sales efforts, advertising, PR and social media should all take priority in terms of time and budget. Small Business Trends (6/13) LinkedInFacebookTwitterEmail this Story
  Sponsored Content 
 

  NRF News 
  • What to do when an active shooter comes to work
    During a session about active shooters at NRF's Loss Prevention Conference, Albuquerque Police Chief Ray Schultz walked attendees through a July 2010 situation at Emcore Corp. where a gunman killed his girlfriend then walked the halls looking for more victims, firing 23 rounds in less than three minutes. In a video, Schultz discusses what they learned from the Emcore incident, how to prepare employees for a potential shooting in the workplace, what should be in every company's "go" bag, and why failure to plan for an active shooter situation could put any retailer out of business. Read more . LinkedInFacebookTwitterEmail this Story
  • Retail sales up for 11th straight month, though consumer spending slows
    Although retail sales may have risen slightly, rising gas prices and a weak labor market were the cause of slowing consumer spending. According to data released by NRF today, retail industry sales for May increased 0.1 percent seasonally adjusted from April and 5.0 percent unadjusted year-over year. "Retailers are not surprised to see the momentum in consumer spending slowing, given the lackluster performance of employment and housing," said NRF President and CEO Matthew Shay. "Long-term economic growth will be reliant on Congress and the Administration's ability to support policies that promote private sector growth." Read more. LinkedInFacebookTwitterEmail this Story
  • 5 tips for preparing your business for a natural disaster
    According to the Red Cross, 15% to 40% of businesses fail following a natural disaster. Are you doing everything you can to protect your enterprise? In yesterday's session on preparing for national emergencies at NRF's Loss Prevention Conference, executives from Sears Holding Corp. and Juniper Networks shared five tips for business owners on how to ready themselves in case of an emergency. Read more. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
 
Associate BuyerDreams RetailNorthbrook, IL
VP of OperationsSleep ExpertsCarrollton, TX
Manager IS Data Center & WindowsPetSmartPhoenix, AZ
Store Software Applications ArchitectPetSmartPhoenix, AZ
Project ManagerLimited BrandsColumbus, OH
Retail Training & Development ManagerGoodwill Industries of the Southern RiversColumbus, GA
Vice President, Real EstateEarls Restaurant LtdVancouver, Canada
District Manager NY/ NJSaks Fifth Avenue OFF 5THNew York, NY
Sales Associate - Stylist - ConciergeSaks Fifth AvenueNew York, NY
Senior Manager Retail MarketingThe Timberland CompanyStratham , NH
Financial Analyst IIIPetSmart, Inc.Phoenix, AZ
Licensed Product ManagerHarley-DavidsonMilwaukee, WI
Director of RetailWisteriaDallas, TX
Merchandise BuyerFive Below, Inc.Philadelphia, PA
Fashion BuyerTargetMinneapolis, MN
Merchandise Planning AdministratorHeadquarters Marine Corps, MCCSQuantico, VA
Purchasing Buyer, National AccountsBed Bath & BeyondUnion, NJ
Manager General Merchandise #792BRHarley-DavidsonMilwaukee, WI

  SmartQuote 
All progress has resulted from people who took unpopular positions."
--Adlai E. Stevenson,
American politician


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