Wednesday, June 29, 2011

Private-equity group to buy BJ's for $2.8 billion

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June 29, 2011News for the retail industry

  Top Story 
 
Seth wants you to poke the box
Best-selling author Seth Godin's latest book provides you with inspiration and concrete recommendations for taking an entrepreneurial approach to everything. Stop hesitating or stop waiting for permission - and just go. SmartBrief readers receive exclusive access to a free excerpt of Poke the Box.
  Industry Watch 
 
  • Ulta Salon to debut in-store grooming boutiques for men
    Ulta plans to roll out men's grooming boutiques in almost all of its 389 stores this summer, featuring products from The Art of Shaving line as well as electric razors and other grooming supplies designed to draw more male shoppers and the women who buy for them. Reuters (6/28) LinkedInFacebookTwitterEmail this Story
  • B&N bets Angry Birds status will boost store traffic
    Barnes & Noble's brick-and-mortar stores will be the first "Magic Places" in the popular gaming application Angry Birds, which means players who stop at one of the stores will be able to add a new character to the game for free, a fact the company is betting will shore up flagging foot traffic at its physical locations. PaidContent.org (6/28) LinkedInFacebookTwitterEmail this Story
  • Children's Place gears up for better back-to-school season
    The Children's Place has tightened inventories and added new product lines to entice back-to-school shoppers this season, positioning itself for a much better back-to-school season than last year, CEO Jane Elfers said at a retail conference this week. "Last year, back to school was very difficult for us. This year, we are in a much better position ... because inventories are in a better position." Reuters (6/28) LinkedInFacebookTwitterEmail this Story
  • Other News
Scheduling That Works for Employers and Employees: It's Not a Mirage
Download the white paper How Automated Schedule Design and Management Benefits Both Employers and Employees for valuable tips on giving scheduling control and flexibility to employees. The result? Automated scheduling increased employee effectiveness for 84 percent of managers.
  Retail trends 
 
  • Retailers partner to clean up the air around U.S. ports
    Retailers including Best Buy, Home Depot, J.C. Penney, Lowe's, Target and Wal-Mart have partnered with other companies that ship through the nation's ports to clean up the air pollution that results from moving cargo. Under the partnership, trucking companies sign on to cut pollution levels during the next three years by tracking diesel emissions and replacing "dirty" older trucks with cleaner new ones. Retailing Today (free registration) (6/28) LinkedInFacebookTwitterEmail this Story
  • Shoplifters linked to Mexican Mafia prison gang
    Police in Albuquerque arrested three members of a gang called the Mexican Mafia at a shopping center, after an e-mailed tip led them to the suspects who had been trying to use stolen credit cards to shop. Authorities say the men had about 50 stolen or fraudulent cards at the time of the arrest, along with thousands of dollars worth of stolen electronics equipment. KRQE-TV (Albuquerque, N.M.) (6/24) LinkedInFacebookTwitterEmail this Story
  • Budget-conscious consumers cut back on store visits, spending
    Wealthy consumers are still shopping for pricey yoga pants and luxury goods, but less affluent families are struggling to live within their budgets as unemployment remains high and prices rise, retailers said at a summit this week. While retail sales rose slightly last month, shoppers are making fewer store visits and going online more often to research products and find the best deals before they buy. St. Petersburg Times (Fla.) (6/28), Reuters (6/28) LinkedInFacebookTwitterEmail this Story
Ad Compliance Best Practices Kit — Stay ahead of consumer concern and government regulation with TRUSTe. Gain an overview of what Behavioral Advertising (OBA) is, why it is important, and what your options are. Insights from the FTC, DAA, TRUSTe, Forbes, Publisher's Clearing House and more. Register Now.
  Main Street 
 
  • Are you missing the signs?
    Despite all the "sexy new ways" to market your business, Rhonda Abrams believes it's a mistake to overlook the old-school sign. Whether it's a billboard, an awning or a logo on the side of your truck, signs can be a cheap way to grab attention and reinforce your brand, Abrams writes. Put a sign up once and it does its job for years, "unlike a TV or website ad that disappears in 30 seconds or a Facebook posting that gets pushed down within an hour." USA TODAY (6/24) LinkedInFacebookTwitterEmail this Story
  • Other News
New cloud management techniques enable IBM to provide a simplified "anywhere, anytime" self-service approach for the delivery and consumption of IT services. Read this paper to see how using a cloud-based approach for your IT can free you to reap immediate benefits of a specific technology instead of having to spend time, resources, and money focusing on how to implement it.
  Policy & Government Affairs 
  • Fed isn't likely to make big changes to proposed swipe-fee limits
    The Federal Reserve isn't likely to veer very much from a 12-cent limit on debit-card transaction fees when it issues new rules later today, although banks defeated in their effort to delay implementation are still hoping to push the limit by a few cents. "It would be surprising to us if it came below the 7-12 cent number and it would be disappointing if they moved beyond the 7-12 cent number on the high side," said NRF's David French. Reuters (6/29) LinkedInFacebookTwitterEmail this Story
  Sponsored Content 
 

  NRF News 
  • What will consumer spending patterns look like in 2020?
    Retailers' success often depends on their ability to predict the future -- a bit of a hurdle, to say the least. In a new peer-reviewed white paper in NRF's Retail Reference Center, Deloitte's Lawrence Hutter attempts to take some of the mystery out of the next 10 years, predicting the evolution of Chinese, European and Japanese markets, which burgeoning markets may begin to emerge and what the demographics landscape will look like. Read more. LinkedInFacebookTwitterEmail this Story
  • NRF SmartStat: June 29, 2011
    American graduates raked in more than $3.8 billion in gift cards, apparel, greeting cards, electronics and other presents this year. Source: Survey conducted for NRF by BIGresearch. LinkedInFacebookTwitterEmail this Story
 
  • NRF releases monthly sales reporting dates for 2012, 2013
    NRF's 4-5-4 calendar serves as a voluntary guide for the retail industry and ensures sales comparability between years by dividing the year into months based on a 4 weeks/5 weeks/4 weeks format. The 4-5-4 calendar also establishes sales release dates, which have historically been on the first Thursday following the month's end. NRF has released calendars for 2012 and 2013. View the calendars. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
  • How Subway's first employee grew with the company
    Dick Pilchen was hired as the first employee and charged with marketing Pete's Subs, which in 1965 began selling foot-long subs from a stark white store in Connecticut. Pilchen is credited with creating the color scheme and much of the personality of the chain that became Subway. At age 71, he's not resting; he co-owns five Subway shops in Massachusetts and plans to open five more in the next half decade. QSRWeb.com (6/28) LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
The arts are an even better barometer of what is happening in our world than the stock market or the debates in Congress."
--Hendrik Willem van Loon,
Dutch-born American historian and journalist


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