Monday, July 11, 2011

Victoria's Secret builds global brand awareness

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July 11, 2011News for the retail industry

  Industry Watch 
 
  • The Limited works to win favor with fashionistas
    The Limited is revamping its merchandise mix to regain favor with fashion-conscious consumers after several years of losing out to trendier competitors. The chain's expansion plans include 19 new stores set to open this year, including a new one in Providence, R.I. The Providence Journal (R.I.) (free registration) (7/9) LinkedInFacebookTwitterEmail this Story
  • Victoria's Secret builds global brand awareness
    Limited Brands has been slow to launch overseas expansion of its Victoria's Secret and Bath & Body Works chains, but the brands are enjoying increased awareness in international markets just the same. China's online auction site Taobao lists about 14,000 Victoria's Secret items for sale, despite the fact that the chain likely won't have brick-and-mortar stores there for several more years. The Wall Street Journal (tiered subscription model) (7/11) LinkedInFacebookTwitterEmail this Story
  • Toys R Us reportedly aims for 2012 IPO
    Toys R Us is continuing plans to go public but likely won't hold its initial public offering until next year, sources say. The retailer is positioned to launch its IPO whenever it chooses, but concerns about the financial markets amid ongoing turmoil in Greece and a possible financial crisis in Portugal mean a likely delay. Reuters (7/8) LinkedInFacebookTwitterEmail this Story
  • Target stores in Canada will sell perishable food
    Target stores opening in Canada will sell fresh food, as those in the U.S. recently began doing, said Tony Fisher, president of Target Canada. "The breadth of our food assortment will vary by market," he said, but the company does not plan to add SuperTarget stores, which have full supermarkets, when it opens as many as 150 stores in Canada in 2013. The Globe and Mail (Toronto) (7/10) LinkedInFacebookTwitterEmail this Story
 
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  Retail trends 
 
  • Coupon kings and queens run into roadblock
    Retailers including Target, Rite Aid, Publix Super Markets and Walgreen are setting rules to limit "extreme couponing," which can clear shelves, tie up checkout lines and disturb supply-chain formulas. Walgreen, for example, said management can limit the number of items purchased. However, chains are being careful because they don't want to lose business. Advertising Age (tiered subscription model) (7/11) LinkedInFacebookTwitterEmail this Story
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  Retail Technology 
 
  • More merchants go paperless with e-mail receipts
    Retailers including Nordstrom, Gap and Finish Line are offering shoppers the option of having their receipts e-mailed to them rather than handing them a paper receipt at the register. Proponents say the move offers shoppers a convenient option and saves paper, while skeptics say it's a clever way to gain access to shoppers' e-mail addresses for marketing purposes. The Indianapolis Star (7/6) LinkedInFacebookTwitterEmail this Story
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  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 
  • Connecticut first to mandate paid sick leave for hourly workers
    Connecticut has approved a bill that requires employers including restaurants and other service businesses to grant paid sick leave to hourly workers, in a move that is being closely watched by other states and cities considering similar legislation. Supporters say the law will reduce public health risks by keeping sick workers at home, while opponents say it will prove costly to companies and puts the state at a disadvantage in attracting new businesses. Reuters (7/10) LinkedInFacebookTwitterEmail this Story
  NRF News 
  • Pier 1 Imports CIO to headline NRFtech 2011
    Registration is open for NRFtech 2011, the premier technology leadership event of the year. This year's event will feature Andrew Laudato, senior vice president and chief information officer of Pier 1 Imports, as the official emcee. During the conference, Aug. 14-16 at the Hyatt Regency Resort and Casino in Lake Tahoe, Nev., Laudato will share his insights on how to create productive technology systems that support innovative retail concepts. Learn more. LinkedInFacebookTwitterEmail this Story
  • NRF SmartStat: July 11, 2011
    The number of retailers who say they believe law enforcement understands the complexity and severity of organized retail crime grew to 39.5% from 37.7% last year. Source: NRF 2011 Organized Retail Crime Survey. LinkedInFacebookTwitterEmail this Story
 
  • Retail's next 10 years: "Turbulent, uncertain and complex"
    In the midst of changing consumer preferences and demographics, retailers need to make investment decisions now to help them serve future markets. As consumer values and behaviors continue to evolve, a new peer-reviewed white paper in NRF's Retail Reference Center predicts how shoppers' attitudes and patterns of consumption will change over the next decade. Read more. LinkedInFacebookTwitterEmail this Story
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  Chain Restaurant News 
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Senior Manager, Training & DevelopmentTotal Wine & MorePotomac, MD
Merchandise Planner AnalystHeadquarters Marine Corps MWR & Business OperationsQuantico, VA
Senior Merchandise Planner AdministratorHeadquarters Marine CorpsQuantico, VA
Manager Replenishment & AllocationsFive BelowPhiladelphia, PA
Manager IS Data Center & WindowsPetSmartPhoenix, AZ
EH&S ManagerVera Bradley DesignsFort Wayne, IN
Store Infrastructure ArchitectPetSmartPhoenix, AZ
Store Manager (Deploy)Army & Air Force Exchange ServiceDallas, TX
Fashion BuyerTargetMinneapolis, MN
Project ManagerLimited BrandsColumbus, OH

  SmartQuote 
I'm tired of all this nonsense about beauty being only skin-deep. That's deep enough. What do you want -- an adorable pancreas?"
--Jean Kerr,
American author and playwright


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