 | September 28, 2011 | News for the retail industry |  |  | |
- Best Buy to boost mobile ad spend
Best Buy will boost its digital and mobile advertising and beef up its Geek Squad this holiday season, while hiring about half the number of seasonal staffers it employed last year, CEO Brian Dunn said Tuesday. The chain hopes to make a comeback and woo more customers from online rivals including Amazon and Wal-Mart. Reuters (9/27), Bloomberg (9/27)      - Toys R Us bets on Imaginarium brand
Toys R Us is raising the profile of the Imaginarium brand, which it acquired 12 years ago, with new in-store displays and expanded online offerings in time for the holidays. The company is betting on the Imaginarium line of educational and creative toys and the FAO Schwarz brand to help differentiate Toys R Us from competitors. NorthJersey.com (Hackensack, N.J.) (free registration) (9/27) - Wal-Mart's top 2 e-commerce execs plan to leave
Wal-Mart Stores Vice Chairman Eduardo Castro-Wright, who heads e-commerce, plans to retire in July. Meanwhile, Wan Ling Martello, executive vice president of e-commerce, will leave to become chief financial officer of Nestle. The departures come as Wal-Mart works to woo more online shoppers. Bloomberg (9/27)  | Who Is Buying Your Products?
Whether it's women's clothing, electronics, or auto parts, Esri® Business Analyst OnlineSM identifies the consumer segments that buy your products and reveals where your customers live. Business Analyst Online even includes market potential data that identifies areas that are underserved. Learn more about your customers with a free 14-day trial. | | Retail trends |  |  | | - Apparel chains create new plus-size offerings
Limited will launch a new plus-size brand called eloquii by The Limited online next month and open the first stores next year, with designs modeled after the styles in the chain's namesake stores. Other chains are also making moves to cater to plus-size women, who make up about half the female population in the U.S. Women's Wear Daily (subscription required) (9/27) - Retail chains boost their designer offerings
Target made a big splash with the launch of apparel and other products from designer Missoni, but other chains, including H&M, Macy's and Kohl's, are also beefing up their upscale designer offerings. Designer Karl Lagerfeld has debuted limited-time collections at both H&M and Macy's, and Giambattista Valli will launch a limited line of dresses, jackets and dressy T-shirts at Macy's next month. TheStreet.com (9/27)  | The Business Platinum Card® from American Express OPEN
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  - The reality of RFID's limits and benefits
 Radio-frequency identification tags were a hot and much-hyped topic in the retail world for several years, and the hype grew after Wal-Mart said it would require its 100 biggest suppliers to use RFID tags. While RFID tags aren't ubiquitous on everything today and much of the hype has cooled, merchants are using the tags largely for inventory control and customer-service tasks such as quickly finding garments in the right color and size. Procurement Leaders online (U.K.) (9/27) - Merchants discover the benefits of in-store apps
Brick-and-mortar merchants are fighting back against mobile applications that encourage online buying with apps designed to drive in-store sales. Target's app lets smartphone users scan bar codes for prices, apps from Best Buy and Wal-Mart allows users to check for in-stock products, and ShopKick rewards customers for going to the store. PC Magazine (9/27)  | How to Get the Package You Need—Without Breaking the Bank
A robust benefits package can be the difference between someone choosing to work with you versus a more established competitor. But with the cost of benefits rising each year, providing a benefits package that helps you attract, retain and motivate talented people gets harder all the time. Download, 5 Ways To Manage The Rising Costs of Benefits. |
 | Policy & Government Affairs | |  | | |  | - Small businesses feel ignored in tax-overhaul debate
Small businesses including retailers and restaurateurs say they feel overlooked by the Obama administration and Congress in the debate over changing the tax structure to promote job creation. "I think the president's proposals on the consumer side, the payroll tax relief, is helpful, but without a long-term stable predictable tax policy on the business side, we don't see a lot of positive developments in that area," said NRF Senior VP David French. The News & Observer (Raleigh, N.C.)/McClatchy Newspapers (9/27)  | Business Analytics: Optimizing Your Operations
Organizations are gathering and storing enormous amounts of information. Read this e-book to see how mid-sized organizations can better use information to drive business decisions to lower costs and improve profit. Discover how you can overcome the barriers midsized business face and improve your competitive position. |
| NRF News | | | | - More Americans celebrating, shopping in anticipation of Halloween
Seven in ten Americans will celebrate Halloween this year -- the most in NRF survey history -- and they'll be spending more. The average person will fork over $72.31 on costumes, candy and decorations, bringing total Halloween spending to $6.9 billion. "Many retailers have already stocked their shelves with Halloween merchandise and, given the popularity of the holiday this year, consumers should not hesitate when they find something that would make their celebration complete," said NRF President and CEO Matthew Shay. Read more. - NRF SmartStat: Sept. 28, 2011
 Americans will spend $1 billion on children's costumes this year for Halloween, up from $840 million in 2010. Source: NRF survey conducted by BIGresearch. - Quicker visas for foreign shoppers could increase jobs at U.S. stores
U.S. retailers could see a significant economic boost under legislation unveiled this week that would ease delays in the visa application process for Chinese, Indian and Brazilian citizens who want to shop in the United States. "Visitors from these rapidly developing countries are consumers who shop like it's Black Friday, but because their wait time for a visa has become intolerably long, they're taking their money elsewhere," NRF Senior Vice President for Government Relations David French said. "This legislation would bring tourists back to the U.S. to shop." Read more.
| Chain Restaurant News | | | | - Kosher Subway stores struggle
Subway franchisees launched a plan five years ago to create stores to serve Jewish patrons who keep kosher, but only five of the 15 original stores remain open. Costly kosher meats and other ingredients mean higher prices at the stores, which turned off non-kosher customers, and the stricter dietary rules left the stores out of the chain's mainstream advertising efforts. The Wall Street Journal (tiered subscription model) (9/28) | |  | | Position Title | Company Name | Location | | Director of Planning and Allocation | LittleMissMatched | New York, NY | | Merchandise Manager | Party City | Rockaway, NJ | | Payroll Manager | Party City | Rockaway, NJ | | Vice President, Business Development | Confidential | Akron, OH | | Shopper Marketing and Retail Promotions Director | Two West Inc. | Nationwide, United States | | Associate Merchant - Direct Import | OFFICE DEPOT | Boca Raton, FL | | Senior Corporate Internal Auditor | PetSmart, Inc. | Phoenix, AZ | | Assistant General Manager Merchandise | Saks Fifth Avenue | Hackensack, NJ | | Sales Associate | Saks Fifth Avenue | Huntington Station, NY | | Sales Associate - Assistant Store Manager - Personal Shopper - Stylists - Visual Merchandisers | Saks Fifth Avenue | Boston, MA | | FIFTH AVENUE CLUB DIRECTOR | SAKS FIFTH AVENUE | BAL HARBOUR, FL | | Senior Wine Buyer | Total Wine & More | Potomac, MD | | Sales Associates - Beauty Specialists - Career Fair - Beachwood, OH | Saks Fifth Avenue | Beachwood, OH | | Sales Associate Career Days at Saks Fifth Avenue- Dallas, TX! | Saks Fifth Avenue | Dallas, TX | | Account Manager | SPANX, Inc | Atlanta, GA | | Location Director - Home Delivery Organic and Natural Food | Suburban Organics | Ottsville, PA | | SALES ASSOCIATE | SAKS FIFTH AVENUE | Hackensack, NJ | | Sales Associate- Saks Fifth Avenue Palm Desert | Saks Fifth Avenue | Palm Desert, CA | | Fashion Buyer | Target | Minneapolis, MN | | Regional Director | Francesca's Collections | Philadelphia, PA | | MDSR Buyer-Fashion | Meijer | Grand Rapids, MI | | ASSET PROTECTION ASSOCIATE | SAKS FIFTH AVENUE | BAL HARBOUR, FL | | Vice President of Distribution and Logistics | Sleep Experts | Dallas, TX | | SALES ASSOCIATES | SAKS FIFTH AVENUE | NEW YORK, NY | | SALES ASSOCIATES | SAKS FIFTH AVENUE | GREENWICH, CT | | | Click here to view more job listings. | | |
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