Thursday, June 16, 2011

Collective Brands CEO steps down

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June 16, 2011News for the retail industry

  Industry Watch 
 
  • J.C. Penney rethinks the shopper experience
    J.C. Penney's announcement this week that Apple store executive Ron Johnson will be its next CEO hints at the chain's plans to reinvent itself and make the department stores more relevant in an online shopping age. Other retailers have attempted to revamp their concepts with varying degrees of success, including Macy's, which put an emphasis on new, exclusive apparel lines, and PetSmart, which added grooming and other services that online merchants can't offer. The New York Times (tiered subscription model) (6/15) LinkedInFacebookTwitterEmail this Story
  • H&M sees success with interactive social strategy
    H&M's global head of digital media Jordan Nasser saw early the power that Facebook and other social sites have to spark conversations that build relationships and long-term customer loyalty. In 2006, Nasser created a Facebook page where brand fans quickly began a dialog about when they might see stores in their markets. Today, the chain has 7.4 million Facebook fans. "Everything we do should be interactive in some way. This increases the time spent online and our sales." Women's Wear Daily (subscription required) (6/15) LinkedInFacebookTwitterEmail this Story
  • Other News
3 Proven Rich-Media Strategies for Your 2011 Campaigns
Today's hyperconnected consumers expect rich, engaging experiences wherever they interact with your product or service. In this report you will learn how to use rich media to:
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  Retail trends 
 
  • The new store mannequins
    Retailers whose windows boasted generic mannequins a decade ago have dramatically upgraded their models in recent years to better reflect their brand personalities, from curtsying little girl figurines at Disney stores to mannequins that lie down to show Armani Exchange shoppers what the lingerie will look like in real life. The trend has boosted business for mannequin makers, including Colorado-based Fusion Specialties, whose sales rose 48% last year. The New York Times (tiered subscription model) (6/15) LinkedInFacebookTwitterEmail this Story
  • U.S. apparel retailers find legions of fans in France
    Young consumers in France are trading in their Chanel jackets for American-style tailored sweatpants and increasingly flocking to new stores from U.S. chains including Abercrombie & Fitch, where about 150 consumers waited in line to enter the new Paris flagship recently. Chains including Gap, Banana Republic and Victoria's Secret are planning expansions in Europe, where profits are higher because goods are more expensive and shoppers expect to pay full price. The New York Times (tiered subscription model) (6/15) LinkedInFacebookTwitterEmail this Story
 
  • Beauty sales are looking good
    A report from NPD and SymphonyIRI finds a 5% first-quarter increase in sales of prestige products and a 4% rise in mass brands, including double-digit growth in the nail segment. "Despite the current economic situation, the beauty industry continues to trend upward, showing growth for the fourth consecutive quarter in both the food/drug/mass and prestige channels," said Diane Nicholson, an NPD executive. MediaPost Communications/Marketing Daily (6/15) LinkedInFacebookTwitterEmail this Story
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 
 
  • How a routine Texas traffic stop sparked a statewide ORC campaign
    Texas State Troopers pulled over a rental truck in a routine traffic stop in 2003, only to discover $31 million in baby formula stolen from several area stores. The find highlighted the public safety dangers of organized retail theft and spurred the state's retailers and law enforcement agencies to band together to create an education and information program, Joe Williams of the Texas Retailers Association told attendees at NRF's Loss Prevention Conference. NRF Blog (6/15) LinkedInFacebookTwitterEmail this Story
 
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  Retail Technology 
 
  • Grocery executive and father of the bar code dies at 81
    Alan Haberman didn't invent the modern bar code, but in the early 1970s he headed the committee of supermarket executives who chose the now-ubiquitous symbol and spent years convincing consumer product makers to adopt it as part of a push to cut overhead costs by increasing automation. Haberman, a Massachusetts grocery executive who started his career at Hills Supermarkets and went on to become president of Hills-Korvette Supermarkets and then CEO of Finast, died Sunday at age 81. The New York Times (tiered subscription model) (6/15) 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!
  Main Street 
  • Protect your personal assets when seeking business loans
    Many small-business loans require a personal guarantee that can put your family's assets, including your home, at risk. If you must agree to such a guarantee, lawyer Richard Reinis offers some advice: Tell your spouse, limit your exposure, narrow the conditions for enforcement of the guarantee and take out insurance in case of a worst-case scenario. BusinessWeek.com/Today's Tip blog (6/15) LinkedInFacebookTwitterEmail this Story
  Policy & Government Affairs 
  • Feds spread immigration audits to 1,000 businesses nationwide
    The Immigration and Customs Enforcement agency has notified about 1,000 more businesses of all sizes that it plans to inspect their hiring records as part of a crackdown on employing undocumented workers. The new round of audits affects companies in several industries including quickservice restaurants and produce growers. Audits at Chipotle restaurants in Minnesota, Virginia and Washington, D.C., within the past year led the company to let go of hundreds of workers. The Wall Street Journal (tiered subscription model) (6/16) LinkedInFacebookTwitterEmail this Story
  Sponsored Content 
 

  NRF News 
  • 3 tips to advance or start a career in loss prevention
    With thousands of retail loss prevention executives on hand at this week’s Loss Prevention Conference in Dallas, NRF jumped at the chance to sit down with a few leaders and pick their brains about career advancement. In a three-minute video, Melissa Mitchell of LifeWay Christian Stores, Dan Doyle of Beall’s, and Brent Holland of FurstPerson share insights on how to advance (or start) a career in retail loss prevention. Watch the video. LinkedInFacebookTwitterEmail this Story
  • Retail container traffic close to flat through July
    Import cargo volume at the nation’s major retail container ports is expected to remain at about the same levels as last year through July before starting to resume increases later this summer, according to the monthly Global Port Tracker report released today by NRF and Hackett Associates. "With rising gas prices and challenges in the labor and housing markets, consumer spending has slowed and retailers have adjusted their inventory levels accordingly," NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. "We are confident long-term consumer demand will grow, and that imports will pick up significantly in the fall." Read more. LinkedInFacebookTwitterEmail this Story
  • Retail leaders let loose at Cowboys Stadium
    LP ’11 conference attendees scored big this year at Tuesday night’s networking reception, held on the field of Dallas Cowboys Stadium. Dressed in their own hometown jerseys, attendees had the chance to test their football skills with field goal kicking, end zone passing, and time trials. The reception also included a silent auction to raise money for the National Law Enforcement Museum. Watch a video recap. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
  • Burger King promotion makes fans work for their Whoppers
    Burger King's newest promotion offers DirecTV customers the chance to win free Whoppers by watching a channel broadcasting nothing but a spinning picture of the signature sandwich and pressing buttons on command to prove they haven't tuned out. The chain wanted to do something more than merely give away food in exchange for Facebook likes, said the ad man who created the promotion. "People are willing to do a lot to get their hands on whopper." ClickZ (6/15) LinkedInFacebookTwitterEmail this Story
  • Other News
Store Operations AnalystBevMo!San Francisco Bay Area, CA
Associate BuyerDreams RetailNorthbrook, IL
VP of OperationsSleep ExpertsCarrollton, TX
Vice President, Real EstateEarls Restaurant LtdVancouver, Canada
Retail Training & Development ManagerGoodwill Industries of the Southern RiversColumbus, GA
Director of RetailWisteriaDallas, TX
Senior Manager Retail MarketingThe Timberland CompanyStratham , NH
Financial Analyst IIIPetSmart, Inc.Phoenix, AZ
Manager IS Data Center & WindowsPetSmartPhoenix, AZ
Store Software Applications ArchitectPetSmartPhoenix, AZ
District Manager NY/ NJSaks Fifth Avenue OFF 5THNew York, NY
Sales Associate - Stylist - ConciergeSaks Fifth AvenueNew York, NY
Fashion BuyerTargetMinneapolis, MN
Licensed Product ManagerHarley-DavidsonMilwaukee, WI
Merchandise Planning AdministratorHeadquarters Marine Corps, MCCSQuantico, VA
Manager General Merchandise #792BRHarley-DavidsonMilwaukee, WI
Project ManagerLimited BrandsColumbus, OH

The Buzz(CORPORATE ANNOUNCEMENTS)

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  SmartQuote 
Failure: A man who has blundered but is not able to cash in on the experience."
--Elbert Hubbard,
American writer, publisher, artist and philosopher


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