Monday, September 19, 2011

Discount chains likely to do the most holiday hiring, experts say

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September 19, 2011News for the retail industry

  Industry Watch 
  • Foreign sales to outpace U.S. revenue at Tiffany
    Tiffany & Co. said it's poised to reap higher sales in faster-growing global markets than at its U.S. stores, driven in large part by wealthy consumers from China and Russia. The chain's U.S. sales dropped to about half of its total this year, from 61% four years ago, and sales in Europe are forecast to rise 20%. Bloomberg (9/16) LinkedInFacebookTwitterEmail this Story
  • Bloomingdale's boosts food offerings with Magnolia Bakery
    Bloomingdale's has increased its fancy food offerings at stores across the country, most recently with the addition of an 850-square-foot Magnolia Bakery location at its New York City flagship. The bakery, which opened last week, is best known for its cupcakes, but the store also offers a full selection of muffins, pies and other baked goods. Women's Wear Daily (subscription required) (9/16) LinkedInFacebookTwitterEmail this Story
  • Wal-Mart's Duke sees opportunities abroad
    Mike Duke, CEO of Wal-Mart, discusses the global economy and how it affects the retailing giant. Duke said that while the US economy remains under pressure due to low jobs and high fuel costs, the company sees retail opportunities in countries such as China and Brazil. He also discusses Wal-Mart's acquisition of Massmart in South Africa. USA TODAY (9/18) LinkedInFacebookTwitterEmail this Story
  • Maryland police arrest man accused of identity theft
    Police in Prince George's County, Md., arrested a 29-year-old man accused of identity theft and credit-card fraud. Among the items seized when officers raided Joel Uzodinma's home and car at 5 a.m. Friday: stolen credit cards, 30 $500 Visa gift cards encoded with allegedly fraudulent data and alphabetized lists of possible identity theft victims. WJLA-TV (Washington, D.C.) (9/16) LinkedInFacebookTwitterEmail this Story
 
  • Other News
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  Retail trends 
 
  • Retailers find broader audience for layaway
    Retailers including Sears, Wal-Mart and Toys R Us are bringing back the layaway plans they did away with in the days of easy credit, and the programs appeal to a broader cross-section of consumers who can't or don't want to incur credit-card debt. "Those that are feeling the pinch have the alternative to make the purchase on something other than credit now," said NRF's Daniel Butler. Sun-Sentinel (Fort Lauderdale, Fla.) (9/18) LinkedInFacebookTwitterEmail this Story
  • Luxury sales aren't slowing down, says LVMH executive
    Demand in the U.S. and Europe for luxury handbags, watches and other products from LVMH Moet Hennessy Louis Vuitton SA is showing no signs of slowing down, despite economic uncertainty, said Yves Carcelle, head of the conglomerate's fashion and leather goods unit. Bloomberg (9/17) LinkedInFacebookTwitterEmail this Story
  • Discount chains likely to do the most holiday hiring, experts say
    People looking for temporary retail jobs this holiday season are likely to have the best luck at discount chains and dollar stores, experts say. "The biggest area (of hiring) will be in the discounters, who will have new shoppers in their stores who are moving down from the middle market," said John Challenger, CEO of outplacement firm Challenger, Gray & Christmas. The Huffington Post/Reuters (9/17) LinkedInFacebookTwitterEmail this Story
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  Retail Technology 
 
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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 
 
  • New rules likely to make it tougher for some to get credit
    New rules that take effect Oct. 1 will require consumers to list personal rather than household income on credit-card applications, likely making it tougher for stay-at-home parents and students to obtain credit. "We don't want to give credit to people who can't pay. But with this rule, we don't know what personal income people are going to put in (their application)," said NRF's Mallory Duncan. The trade group had pushed for rules that would have allowed retailers to issue cards based on a broader set of data including credit scores and the customer's history with the store. Sun-Sentinel (Fort Lauderdale, Fla.) (9/16) LinkedInFacebookTwitterEmail this Story
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Most Popular Headlines from Last Week
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  NRF News 
  • NRF's Matthew Shay named top association exec by CEO Update
    NRF President and CEO Matthew Shay has been named one of the country's top trade association CEOs by the publication CEO Update. The article highlights the recent swipe fee debate as a particular test for Shay and NRF over the past year. After launching its own campaign to mobilize the retail community and raise the profile of retailers on Capitol Hill, one CEO who nominated Shay for the recognition called the swipe fee campaign "a significant win for NRF and the merchants." Read more. LinkedInFacebookTwitterEmail this Story
  • NRF SmartStat: Sept. 19, 2011
    Thirteen retailers including J.Crew, Amazon and Tractor Supply Co. have appeared on the STORES Hot 100 Retailers list every year since it was created. Source: STORES LinkedInFacebookTwitterEmail this Story
 
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
  • Why it took Wendy's more than 2 years to reinvent the burger
    Wendy's will begin serving its new Hot 'N Juicy burgers today, two-and-a-half years after the chain began the reinvention process. The chain recruited a pickle chemist, quizzed patrons on lettuce qualities and embarked on a nationwide burger-tasting tour to get it just right, a key part of the chain's ongoing push to revive flagging sales. USA TODAY/The Associated Press (9/19) LinkedInFacebookTwitterEmail this Story
 
Position TitleCompany NameLocation
Director of Planning and AllocationLittleMissMatchedNew York, NY
Merchandise ManagerParty CityRockaway, NJ
Payroll ManagerParty CityRockaway, NJ
SALES ASSOCIATESAKS FIFTH AVENUEHackensack, NJ
Sales Associate- Saks Fifth Avenue Palm DesertSaks Fifth AvenuePalm Desert, CA
MDSR Buyer-FashionMeijerGrand Rapids, MI
ASSET PROTECTION ASSOCIATESAKS FIFTH AVENUEBAL HARBOUR, FL
SALES ASSOCIATESSAKS FIFTH AVENUENEW YORK, NY
SALES ASSOCIATESSAKS FIFTH AVENUEGREENWICH, CT
Sales Associate Career Day at South Coast PlazaSaks Fifth AvenueCosta Mesa, CA
REGIONAL RECRUITING MANAGERSAKS FIFTH AVENUEATLANTA, GA
Buyer (Lawn & Garden/Seasonal/Trim-A-Tree)Navy Exchange Service CommandVirginia Beach, VA
Sales Associate - Sales Support (stock) - Personal Shopper - Career DaySaks Fifth AvenueMcLean, VA
Sales AssociateSaks Fifth AvenueATLANTA, GA
Replenishment ManagerHeadquarters, MCCSQuantico, VA
Regional DirectorFrancesca's CollectionsPhiladelphia, PA
Vice President of Distribution and LogisticsSleep ExpertsDallas, TX
Visual ManagerSaks Fifth AvenueSan Francisco, CA
Saks Fifth Avenue- Designer Sales AssociateSaks Fifth AvenueHouston, TX
Saks Fifth Avenue- Sales Associate Career Fair- New Orleans, LASaks Fifth AvenueNew Orleans, LA
Product Creative Design - Manager/SpecialistCabela'sSidney, NE
Various Retail Opportunities withinDeloitte Consulting LLPMultiple Locations, United States
Location Director - Home Delivery Organic and Natural FoodSuburban OrganicsOttsville, PA
Corporate Counsel - Employment LawRoss StoresPleasanton, CA
Director of StoresA'GACI, LLCSan Antonio, TX
Click here to view more job listings.

  SmartQuote 
Government is not reason; it is not eloquent -- it is force. Like fire, it is a dangerous servant and a fearful master."
--George Washington,
first U.S. president


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