Wednesday, June 15, 2011

J.C. Penney taps Apple's retail chief as next CEO

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June 15, 2011News for the retail industry

  Industry Watch 
 
  • How Apple's retail concept turned the company around: Apple stores grew out of the company's need in the mid-1990s to win visibility for its then foundering Macintosh computers. Today, extensively trained store employees work from tight scripts, emphasize helping customers over selling and bring in $4,406 in sales per square foot. The Wall Street Journal (tiered subscription model) (6/15) LinkedInFacebookTwitterEmail this Story
  • SUPERVALU creates single Essential Everyday store brand
    SUPERVALU is creating a single store brand, Essential Everyday, to replace the different names currently used by its chains including Jewel, Albertsons and Cub Foods. SUPERVALU is putting more focus on private brands as, according to one executive, 94% of SUPERVALU shoppers buy them sometimes and 20% always buy store brands. St. Louis Post-Dispatch (6/15) LinkedInFacebookTwitterEmail this Story
  • Sony stores get a makeover
    Sony is revamping its retail stores with a sleeker look and feel as it aims to grab market share from Apple stores. The consumer electronics company opened the first of its new prototype stores in Los Angeles in April, and plans to eventually replace existing dark, cluttered stores with the new light and airy look. The Wall Street Journal (tiered subscription model) (6/14) LinkedInFacebookTwitterEmail this Story
  • Other News
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  Retail trends 
 
  • Specialty apparel and accessory stores booked May sales gains
    While May retail sales declined overall, specialty apparel and accessories retailers gained 6% over the same period last year. “Though consumers are spending cautiously, we are not seeing them cut out new purchases completely, signaling there is a distinct appetite to spend if economic conditions let them,” said NRF's chief economist Jack Kleinhenz. Women's Wear Daily (subscription required) (6/14) LinkedInFacebookTwitterEmail this Story
  • Report argues for abolishing tariffs on consumer goods
    Tariffs on clothing imports that were originally designed to help save U.S. manufacturing jobs now only punish the low-income consumers, according to a new report from trade policy group ProgressiveEconomy. Abolishing tariffs on consumer goods would result in lower prices on apparel and other items, and provide a boost to the economy by giving consumers more money to spend, the report says. Bloomberg (6/14), Reuters (6/14) LinkedInFacebookTwitterEmail this Story
Central Chef switches to Fulfillment by Amazon and sees a 200% increase in new customers
"Customers demand free shipping…FBA [helps] the customer feel good about the sale, and they like the idea that they're not wasting money to have the product shipped." Michael Eisenberg, CEO, Central Chef. Click here to read the case study.
  NRF's Loss Prevention Conference and EXPO 
  • Crowd control requires advance planning
    Celebrity appearances require careful planning and step-by-step guidelines to ensure safety when popular stars draw big crowds, retail security experts told attendees at NRF's Loss Prevention Conference. Michael Lambos of Professional Security Consultants shared a news story about a 2009 Justin Bieber mall appearance that drew crowds so massive and disorganized that the star never actually made it inside. NRF Blog (6/14) LinkedInFacebookTwitterEmail this Story
 
  • How PacSun used predictive analytics to reduce shrink
    PacSun's efforts to reduce shrink and identify losses has changed significantly in the past several years, with the help of predictive analytics, the company's loss prevention executives said at NRF's Loss Prevention Conference. The process started with organizing and gaining a deeper understanding of the company's data, said LP manager Liz Fitkin. Security Director News (Langhorne, Pa.) (free registration) (6/14) LinkedInFacebookTwitterEmail this Story
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  NRF News 
  • National Retail Security Survey shows shrink on the rise
    Retail shrink is on the rise and cost the industry $37 billion last year, according to preliminary results of the National Retail Security Survey released yesterday at NRF’s 2011 Loss Prevention Conference. Richard Hollinger shared several harrowing statistics from the 124 companies who have responded to the survey. The survey also found that retailers lost more than $12 billion to shoplifting, which accounted for 33% of total losses. Read more. LinkedInFacebookTwitterEmail this Story
 
  • How Winn-Dixie reduced onsite accidents in 18 months
    In an effort to reduce customer and employee accidents in stores, Winn-Dixie developed a strategy to address the issue. In a recent video interview, Dan Faketty, vice president of asset protection at Winn-Dixie Stores, shares how the company's loss prevention team identified the source of the accidents and worked to resolve it. Watch the video. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
  • Starbucks expands m-payment to Android phones
    Starbucks customers with Android-powered phones will now be able to use the chain's mobile payment system, which has been available to BlackBerry, iPhone and iPod touch users since January. The system lets customers pay by holding their phones in front of an in-store scanner, and also allows users to reload their Starbucks cards, check balances and locate stores. The Plain Dealer (Cleveland)/The Associated Press (6/14) LinkedInFacebookTwitterEmail this Story
Store Operations AnalystBevMo!San Francisco Bay Area, CA
Associate BuyerDreams RetailNorthbrook, IL
VP of OperationsSleep ExpertsCarrollton, TX
Manager IS Data Center & WindowsPetSmartPhoenix, AZ
Store Software Applications ArchitectPetSmartPhoenix, AZ
Vice President, Real EstateEarls Restaurant LtdVancouver, Canada
Retail Training & Development ManagerGoodwill Industries of the Southern RiversColumbus, GA
Senior Manager Retail MarketingThe Timberland CompanyStratham , NH
Financial Analyst IIIPetSmart, Inc.Phoenix, AZ
District Manager NY/ NJSaks Fifth Avenue OFF 5THNew York, NY
Sales Associate - Stylist - ConciergeSaks Fifth AvenueNew York, NY
Director of RetailWisteriaDallas, TX
Licensed Product ManagerHarley-DavidsonMilwaukee, WI
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
Project ManagerLimited BrandsColumbus, OH

  SmartQuote 
It's not your job to like me -- it's mine."
--Byron Katie,
American speaker and author


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