Monday, July 18, 2011

Prior planning will keep prices flat at Ann Taylor, LOFT

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July 18, 2011News for the retail industry

  Industry Watch 
 
  • Forever 21 prepares to open first U.K. store
    Forever 21 has proven popular with fast-fashion fans in the U.S. and now it plans to bring the concept to the U.K. with its first store in Britain slated to open this month. The family behind the Forever 21 chain is notoriously secretive, but its founder, Do Won "Don" Chang, opens up about the company's past and future. "I feel truly blessed by Forever 21's success," he said. "Forever 21 is my American Dream." The Guardian (London) (7/17) LinkedInFacebookTwitterEmail this Story
  • Spartan highlights products made in Michigan
    Spartan Stores kicked off an expanded "Michigan's Best" campaign, launched in 2009, with more than 3,000 items carrying the label. "The Michigan's Best program supports our state, our farmers, our manufacturers, our neighbors and our families simply by choosing Michigan-made products," said a Spartan executive. Retailing Today (free registration) (7/15), Supermarket News (7/15) LinkedInFacebookTwitterEmail this Story
  • Sources: Liz Claiborne to consider sale of Mexx brand
    Liz Claiborne reportedly is in talks with buyout firms to sell its Mexx brand, which operates stores in Europe, Russia and Canada. Liz Claiborne has been working since 2007 to create profitable free-standing operations for its stable of brands, which also includes Juicy Couture and Kate Spade. Bloomberg (7/15) LinkedInFacebookTwitterEmail this Story
  • Other News
O-I, makers of pure, beautiful, sustainable glass packaging, is proud to sponsor GlassIsLife.com
  Retail trends 
 
  • Retailers push multipurchase deals
    Chains including Kroger, Cub Foods and Pathmark encourage customers to buy products in a larger quantity using discounts that emphasize multiple purchases, such as three cans of Bush's baked beans for $5 or 10 packs of Kroger gummy bears for $10. Customers typically don't have to buy the number suggested to get the discount, but they often do anyway. The New York Times (tiered subscription model) (7/17) LinkedInFacebookTwitterEmail this Story
  • Consumers balk at cause-related products that don't make sense
    Most Americans can name two or three causes close to their hearts, but only 37% of consumers bought products to support causes in the past year, largely because their skepticism kicks in when the products and the causes they're promoting don't match up, according to a new survey from MSLGROUP. "These findings suggest that simply tying a cause to your product to get consumers to purchase is no longer enough, despite what others are telling you," said MSLGROUP's Scott Beaudoin. MediaPost Communications/Marketing Daily (7/15) LinkedInFacebookTwitterEmail this Story
As eCommerce has grown to represent a significant percentage of retail sales and profits, merchants should consider payment strategies that can enhance their online services, open new markets and protect the bottom line. Download this free white paper to learn more.
  Hot Topics 

Top five news stories selected by NRF SmartBrief readers in the past week.

  • Results based on number of times each story was clicked by readers.
  Policy & Government Affairs 
 
  • Costco tries again for liquor sales in Washington
    Costco Wholesale launched another initiative for permission to sell liquor in Washington state, after a measure was defeated at the polls last year. The latest measure, like the previous one, would get the state out of the liquor business, but the plan also calls for retailers to pay a 17% fee on liquor sales and would limit the number of stores in the state that could sell liquor. The Seattle Times (7/17) LinkedInFacebookTwitterEmail this Story
Despite being a backbone enterprise application, Enterprise Resource Planning is often misunderstood. In this guide from Focus, top experts provide their suggestions and recommendations to guide you through your evaluation of the best choices. Unravel the complexities of ERP once and for all to make an informed buying decision by downloading this free white paper.
  NRF News 
  • Planning to attend Shop.org's Annual Summit? Don't miss the savings!
    The agenda has been set, the speakers are prepping, and retail companies are lining up to attend Shop.org's Annual Summit held Sept. 12 to 14 in Boston. Online and multichannel retailers planning to attend digital retail's most influential event of the year can save more than $200 when registering by the July 22 advanced rate deadline. Shop.org retail members, be sure to claim your company's one free pass. Learn more. LinkedInFacebookTwitterEmail this Story
  • NRF SmartStat: July 18, 2011
    June retail sales mark 12 consecutive months of growth. Source: NRF.
 
  • Gas prices, economy play major role in couponing frenzy
    Of the myriad ways consumers are offsetting high gas prices in a fluctuating economy, one of the most popular alternatives seems to be coupon usage. Overall, Americans' use of coupons as a result of fluctuating gas prices has doubled since 2006, and in June 2011 reached the highest reported usage since 2006. In a recent post on Retail's BIG Blog, NRF's Kathy Grannis shares the history behind "extreme couponing" and whether or not the trend is here to stay. Read more. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
  • Social media powered Domino's reinvention
    Changing the pizza recipe was an integral part of Domino's reinvention but social tools that spread the word and fostered transparent communication were at the heart of the transformation, vice president Dennis Maloney said. Part of the push was a promise to only use undoctored food photos and critical pictures from unhappy customers sparked an apologetic commercial with CEO J. Patrick Doyle promising to do better. MediaPost Communications/Online Media Daily (7/14) LinkedInFacebookTwitterEmail this Story
Merchant OpportunitiesKohl'sMilwaukee, WI
Retail ManagementJerry's Home Improvement CenterEugene/Springfield, OR
New Account Sales RepresentativeOne Step Retail SolutionsNationwide, United States
IS Manager Store & DC SupportPetSmartPhoenix, AZ
Loss Prevention Exception Reporting ManagerStein MartJacksonville, Florida, FL
Manager, Product TrainingSamsung Electronics America, IncRidgefield Park, NJ
Career Event - Charleston, SCSaks Fifth Avenue OFF 5THCharleston, SC
VP Divisional Merchandise Manager - Men'sSaks Fifth Avenue OFF 5THNew York, NY
Planogram SpecialistHeadquarters Marine CorpsQuantico, VA
Buyer-Young Men's and Men's CollectionsHeadquarters Marine CorpsQuantico, VA
Sales AssociateUNIQLOManhattan, NY
IT OpportunitiesBelk Inc.Charlotte, NC
Manager of Human ResourcesChico's FAS, Inc.Ft. Myers, FL
Saks Fifth Avenue - Sales Associate - Career Day July 21stSaks Fifth AvenueBoston, MA
Applications Manager-Distribution & TransportationPetSmartPhoenix, AZ
Store Manager - BeallsBeallsOrlando, FL
Manager Replenishment & AllocationsFive BelowPhiladelphia, PA
Fashion BuyerTargetMinneapolis, MN

The Buzz(CORPORATE ANNOUNCEMENTS)

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  SmartQuote 
Ambition is a lust that is never quenched, but grows more inflamed and madder by enjoyment."
--Thomas Otway,
British dramatist


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