 | August 29, 2011 | News for the retail industry |  |  | |
- How Saks turned around its inventory imbalance
Saks had the fastest sales growth and the second largest profit gain among nine department store peers in the most recent quarter, according to Bloomberg. The company has made great strides since 2008, when its inventory imbalance forced it to resort to 70% markdowns. Helpful strategies in Sak's turnaround include better allocating inventory, reducing expenses, improving sales training and reducing store count. Bloomberg (8/29)      - "Touchability" the key to J.Crew's success
J.Crew President Jenna Lyons reflects on adapting her private school uniform when tracing the roots to her fashion success. She cites "touchability" as the desired balance to her line, a look that encompasses a perfectly clean and kempt image with just enough messiness to remain approachable and real. The Globe and Mail (Toronto) (8/27)  |  |  | | Your customers move fast. Can your POS keep up?
Today's shoppers are fully connected, highly informed, omni-channel and fast — and they expect nothing less of you! Learn how mobility can meet their demands by enabling richer engagement, instant information, seamless service and enhanced functionality. This new RTP White Paper explains your options and opportunities. Get your free copy now! | |  |  |  |
 - The rules of back-to-school shopping
In order to maximize value at the minimal cost, retail experts recommend several tips for customers who are doing back-to-school shopping. Included in the list are pre-shopping online, shopping late, shopping unconventionally and bringing your smartphone. Consumers are estimated to spend $22.8 billion on back-to-school shopping, according to NRF figures. USA TODAY (8/28) - Mash-up style trending on the back-to-school scene
Today's fashionistas dress to assert identity, looking to pop culture for inspiration and adding individual tweaks. "Layering colors, graphics, trompe l'oeil prints and accessories is such a fun, carefree look and allows kids to experiment and find their own personal style," says Nancy Dennis, Sears Canada brand and trend director for children's wear. The Globe and Mail (Toronto) (8/27)  | O-I, makers of pure, beautiful, sustainable glass packaging, is proud to sponsor GlassIsLife.com |
 - How mobile is enhancing in-store experience
With Finish Line offering an app that supplies shoppers with access to real-time inventory at nearby locations, and Wet Seal offering free Android phones to anyone trying on jeans in their stores, retailers are blending the line between technology and in-store shopping. Advertising Age offers six examples of how bricks-and-mortar stores are using mobile. Advertising Age (tiered subscription model) (8/29)  | Positioning IT as an enabler of business growth
As global business strategies place new emphasis on growth, many CIOs understand that IT needs to change. This white paper discusses the IBM solutions that can enable companies to balance driving growth with cutting costs while making their infrastructure safer and more efficient, flexible and innovative. |
 | 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.
| | | Most Popular Headlines from Last Week Results based on number of times each story was clicked by readers. |
| NRF News | | | | - How Hurricane Irene tested retailers' disaster plans
Retail disaster preparedness plans for stores such as Walmart and The Home Depot were put to the test as Irene slowly made its way up the East Coast this weekend. In a recent post on Retail's BIG Blog, NRF Senior Asset Protection Advisor Joe LaRocca shares how retailers worked with local, state and federal authorities to ensure the safety of customers and associates and discussed how retailers nationwide use small and large-scale events to test their disaster preparedness plans. Read more.
| Chain Restaurant News | | | | - Quickservice restaurants add veggies, fruits to menus
McDonald's, Wendy's and Burger King have all added "fresh" options to their menus, trying to capitalize on the fresh-food movement started by Subway and Chipotle. NPD Group said the quickservice chains want to attract weight-conscious Americans but will have a hard time overcoming their fries-and-burgers image. MSNBC/TODAY (8/25) | |  | | Position Title | Company Name | Location | | Chief Financial Officer (CFO) | Forman Mills | Pennsauken, NJ | | Various Retail Opportunities within | Deloitte Consulting LLP | Multiple Locations, United States | | Sales Associates- Saks Fifth Avenue Palm Desert, CA | Saks Fifth Avenue | Palm Desert, CA | | Product Creative Design - Manager/Specialist | Cabela's | Sidney, NE | | Program/Engagement Manager | The Yacobian Group | Boston, MA | | Corporate Counsel - Employment Law | Ross Stores | Pleasanton, CA | | Marketing Director | Saks Fifth Avenue | San Francisco, CA | | Merchandise Planner | Kohl's Department Stores | Menomonee Falls, WI | | Assistant Buyer | Kohl's Department Store | Menomonee Falls, WI | | Director of Stores | A'GACI, LLC | San Antonio, TX | | SALES ASSOCIATE | SAKS FIFTH AVENUE | NAPLES, FL | | San Antonio Sales Associate Career Days! | Saks Fifth Avenue | San Antonio, TX | | IT Business Analyst - eComm / Internet Marketing | Academy Sports & Outdoors | Katy, TX | | Fashion Buyer | Target | Minneapolis, MN | | Merchandise Buyer | Kohl's Department Stores | Milwaukee/Menomonee Falls, WI | | Senior Wine Buyer | Total Wine & More | Potomac, MD | | Regional Visual Trainer | Victoria's Secret | Dallas/Houston, TX | | Applications Manager-Distribution & Transportation | PetSmart | Phoenix, AZ | | Senior Project Manager | PetSmart | Phoenix, AZ | | Director of eCommerce Technology | Moosejaw | Madison Heights, MI | | Sr. Internet Buyer | Tween Brands Direct, LLC | New Albany, OH | | Sales Associates - Saks Fifth Avenue - Career Fair - Chevy Chase, MD | Saks Fifth Avenue | Chevy Chase, MD | | Loss Prevention Exception Reporting Manager | Stein Mart | Jacksonville, Florida, FL | | | Click here to view more job listings. | | |
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