Friday, July 29, 2011

2011's top back-to-school trends include deals, survey finds

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July 29, 2011News for the retail industry

  Industry Watch 
  • Lord & Taylor will harness the wind to power 2 stores
    Lord & Taylor has contracted with Austin, Texas-based Green Mountain Energy to provide wind energy to run two of the 185-year-old chain's department stores with wind power, including the New York City flagship on Fifth Avenue. The move helped push the company into 17th place on the Environmental Protection Agency's list of Top 20 retailers that are embracing clean energy. Crain's New York Business (7/28) LinkedInFacebookTwitterEmail this Story
  • Amazon debuts local deals in Chicago
    Amazon launched AmazonLocal deals in Chicago through a partnership with daily-deal website LivingSocial, in which the retailer has an equity stake. AmazonLocal, which launched last month in Boise, Idaho, with offers from merchants and restaurateurs, debuted in Chicago with a dinner for two at Real Tenochtitlan Restaurant for $35. Chicago Tribune (7/28) LinkedInFacebookTwitterEmail this Story
  • Apple stores show a high tolerance for silly behavior
    Comedian Mark Malkoff has been making a spectacle of himself at New York area Apple stores, testing the chain's reputed tolerance for odd behavior by bringing a goat into one store and eating a pizza he had delivered while browsing at another. None of the stunts got Malkoff kicked out, a sign some experts say of an effort to create a customer-friendly experience. "What are you going to do when you see someone order a pizza? Fight with him? He might just buy his next computer there," said NRF vice president Daniel Butler. MainStreet.com (7/29) LinkedInFacebookTwitterEmail this Story
 
  • Other News
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  Retail trends 
 
  • 2011's top back-to-school trends include deals, survey finds
    Value and economy are the watchwords for budget-conscious parents heading into the back-to-school shopping season, and the top theme is "Spend where you need to, save where you can," according to surveys from NRF and BIGresearch. Parents are evaluating last year's purchases to see which items might make it another year, then spending to supplement, the survey found. They're also focusing more on quality and service than price to determine the true value of their purchases. Retail's BIG Blog (7/29) LinkedInFacebookTwitterEmail this Story
  • Studies: Luxury cosmetic sales rise as big-ticket splurges decline
    Luxury shoppers are opting to shop for high-end lipsticks and lotions while pulling back on bigger ticket purchases, new data shows. Sales of luxury cosmetics have increased steadily this year and increased 11% in May, according to new figures from NPD Group. Meanwhile, luxury spending is down overall amid sharply lower consumer confident among affluent consumers, according to a report from Unity Marketing. MediaPost Communications/Marketing Daily (7/28) LinkedInFacebookTwitterEmail this Story
  • Gadget retailers reap benefits from buyback insurance
    Consumer-electronics retailers including RadioShack and Best Buy now offer buyback insurance plans that promise to pay up to half of a product's original cost when shoppers trade it in for a newer model within a few years, in exchange for an upfront fee. The profitable programs appeal to consumers striving to stay current in a fast-changing tech world, but some critics warn consumers to read the fine print before paying for a buyback policy. Bloomberg Businessweek (7/28) LinkedInFacebookTwitterEmail this Story
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  Retail Technology 
 
  • Jewel-Osco offers Groupon deal on Unilever ice cream
    Groupon is offering a 40% discount on Unilever ice cream sold at Jewel-Osco stores in the Chicago area. Shoppers must purchase the deal for $9 to receive $15 worth of products from Ben & Jerry's, Popsicle, Good Humor, Breyers or Klondike using their Jewel-Osco Preferred Customer Card. Progressive Grocer (7/28) LinkedInFacebookTwitterEmail this Story
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  NRF News 
  • Web growth outpacing store growth; Forrester executive shares why
    In a sneak peek from part two of Shop.org's State of Retailing Online survey, three-quarters of retailers have experienced more than 10 percent year-over-year growth in the online channel this year. As retailers embark on the back-to-school season this month and the holiday season shortly after, Forrester Research Principal Analyst Sucharita Mulpuru shares why web growth has been consistently stronger than offline and offers two tips to keep this momentum going. Read more. LinkedInFacebookTwitterEmail this Story
  • NRF SmartStat: July 29, 2011
    Over 60% of consumers said they will begin shopping for back-to-school items at least three weeks before school starts. Source: NRF survey conducted by BIGresearch. LinkedInFacebookTwitterEmail this Story
 
  • Maximize your career through NRF's LinkedIn group
    Nearly 5,000 people have joined NRF's LinkedIn group to network with peers, post discussions, find solution providers, and connect with retail recruiters. If you're on LinkedIn, join the NRF group to catapult your connections to a new level. View the group. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
  • McDonald's leverages Foursquare in McCafe promo
    Consumers in the New York City region participated in McDonald's "Toast Your Town" campaign, posting comments about their hometowns with the #toastyourtown hashtag. As a result, followers of @McDNYTriState grew from 900 to 7,423. Next, three Foursquare competitions invited customers to check in at a local McDonald's to win a McCafe party. New Jersey and Manhattan won the first two contests; the third starts Aug. 8. MediaPost Communications/Marketing Daily (7/28) LinkedInFacebookTwitterEmail this Story
  • Higher food costs drive up the price of a restaurant meal
    Prices for restaurant meals and groceries rose 3.7% in the 12-month period that ended in June, as eateries including Chipotle passed along some of the higher commodity prices to their customers. Chains also are seeing higher prices eat into their profit margins. Chipotle expects to see food inflation rise 5% this year while Yum! Brands is calling for a rise of up to 7%. Bloomberg (7/25) LinkedInFacebookTwitterEmail this Story
  • Other News
Merchant OpportunitiesKohl'sMilwaukee, WI
Director, Safety and HealthOfficeMaxNaperville, IL
IS Manager Store & DC SupportPetSmartPhoenix, AZ
Loss Prevention Exception Reporting ManagerStein MartJacksonville, Florida, FL
Sales AssociateSaks Fifth AvenuePhoenix, AZ
Sales AssociateSaks Fifth Avenue- San Francisco, CASan Francisco, CA
Sales & Education ExecutiveNapoleon Perdis CosmeticsNationwide, United States
Business AnalystFive Below, Inc.Philadelphia, PA
District ManagerFive Below, Inc.Philadelphia, PA
Fashion BuyerTargetMinneapolis, MN
Sales AssociateUNIQLOManhattan, NY
IT OpportunitiesBelk Inc.Charlotte, NC
Store Manager - BeallsBeallsOrlando, FL
Manager, Product TrainingSamsung Electronics America, IncRidgefield Park, NJ
Department Manager - Designer - Saks Fifth Avenue ChicagoSaks Fifth AvenueChicago, IL
Senior Retail Marketing Advertising ManagerCabela'sSidney, NE
SALES ASSOCIATES AND BEAUTY SPECIALISTSSAKS FIFTH AVENUESTAMFORD, CT
SALES ASSOCIATES AND SALES SUPPORT ASSOCIATESSAKS FIFTH AVENUEHUNTINGTON STATION, LONG ISLAND, NY
SALES ASSOCIATESSAKS FIFTH AVENUETROY, MI

  SmartQuote 
Here is the rule to remember in the future, when anything tempts you to be bitter: not, 'This is a misfortune' but 'To bear this worthily is good fortune.' "
--Marcus Aurelius,
Roman emperor


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