Friday, September 2, 2011

Finish Line pays $8.5 million to buy 18-store running chain

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September 2, 2011News for the retail industry

  Industry Watch 
 
  • Sears' Craftsman tools hit Costco stores
    Sears will sell Craftsman tools at Costco, an effort that aims to reach a new market of customers that do not shop at Kmart or Sears. "It's an opportunity to bring the equity of this product to households that aren't going to Sears," said Kris Malkoski, vice president and general manager of the Craftsman brand. Chicago Tribune (8/31) LinkedInFacebookTwitterEmail this Story
  • Finish Line pays $8.5 million to buy 18-store running chain
    The Finish Line has acquired an 18-store chain of specialty running shops for $8.5 million. The Finish Line, which operates 647 mall-based stores in the U.S., said it plans to expand the acquired chain's e-commerce capabilities and add new stores to the existing roster, which includes Greater Boston Running Company, Texas Running Company and Princeton Running Company. Women's Wear Daily (subscription required) (9/1) LinkedInFacebookTwitterEmail this Story
  • Abercrombie stops charging more in Canada
    Abercrombie & Fitch dropped a policy of charging more for its products in Canada than in the U.S., and held a 30% off sale at its Toronto store. The change follows a similar move by J.Crew last week, and both companies were reacting to complaints by Canadian consumers who challenge the need to charge up to 50% more north of the border. United Press International (9/1) LinkedInFacebookTwitterEmail this Story
  • Other News
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  Retail trends 
  • Pop-up stores may fall victim to rising rents
    A rise in retail rents is likely to dampen the pop-store trend, although some companies will still use them to build awareness and try out new concepts. "There was a lot of vacant space and they had an opportunity to fill those spaces at very nominal cost," said real estate broker Faith Hope Consolo. "But that's not what it's about today." American Public Media/Marketplace (9/1) LinkedInFacebookTwitterEmail this Story
  • School uniforms come in a happy medium
    Schools with strict dress codes and uniform policies have relaxed their rules somewhat in recent years to avoid the risk of over-the-top rebellion. Merchants are helping students find a way to add a little of their own style with pencil and boot-cut khakis at Lands' End and tighter fitting blouses and polos at uniform company French Toast. The New York Times (tiered subscription model) (9/1) LinkedInFacebookTwitterEmail this Story
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  Retail Technology 
 
  • Saks turns NYC windows into digital hub for Fashion's Night Out
    Three windows at Saks Fifth Avenue flagship in New York have been transformed with 64 iPad screens and 18 Apple cinema display screens set up this week and designed to capture and share every real-time minute, Twitter feed and social media post from the upcoming Fashion's Night Out event. Luxury Daily (9/1) LinkedInFacebookTwitterEmail this Story
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  NRF News 
  • What's hot in retail (and at NRF!)
    From earthquakes to hurricanes to criminal flash mobs, the month of August was anything but slow in Washington. Last month's most popular resources on NRF's websites included a list of the 100 fastest-growing retailers in the country, ten trends for this year's back-to-school season, and tremendous interest in the keynotes and networking opportunities at Shop.org's Annual Summit this month in Boston. Read more. LinkedInFacebookTwitterEmail this Story
 
  • NLRB ruling enables unions to organize certain departments within retail companies
    Earlier this week, the National Labor Relations Board issued three rulings that will make it easier for unions to organize private sector workplaces, similar to elements of the Employee Free Choice Act rejected in Congress in 2007. In one ruling, unions could cherry-pick certain departments or groups of employees within a company rather than being required to have a unionization vote by all employees. In retail, a union could organize just the shoe department in a department store, for example. NRF called the action "backdoor card check" and said the rulings threaten the ability of businesses to create jobs. Read more. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
  Editor's Note 
  • SmartBrief will not be published Monday
    In observance of Labor Day in the U.S., SmartBrief will not be published Monday, Sept. 5. Publication will resume Tuesday. LinkedInFacebookTwitterEmail this Story
 
Position TitleCompany NameLocation
Chief Financial Officer (CFO)Forman MillsPennsauken, NJ
SALES ASSOCIATES - FULL-TIME, PART-TIME, SEASONALSAKS FIFTH AVENUETROY, MI
Sales Associate Saks Fifth Avenue, Beverly HillsSaks Fifth AvenueBeverly Hills, CA
Selling Manager - ShoesSaks Fifth AvenueNew York, NY
Various Retail Opportunities withinDeloitte Consulting LLPMultiple Locations, United States
SALES ASSOCIATESAKS FIFTH AVENUESHORT HILLS, NJ
Merchandise PlannerKohl's Department StoresMenomonee Falls, WI
MDSR Buyer-FashionMeijerGrand Rapids, MI
Assistant BuyerKohl's Department StoreMenomonee Falls, WI
Senior Manager, Training & DevelopmentTotal Wine & MorePotomac, MD
Merchandise BuyerKohl's Department StoresMilwaukee/Menomonee Falls, WI
IT Business Analyst - eComm / Internet MarketingAcademy Sports & OutdoorsKaty, TX
Regional Visual TrainerVictoria's SecretDallas/Houston, TX
Sales Associates- Saks Fifth Avenue Palm Desert, CASaks Fifth AvenuePalm Desert, CA
Product Creative Design - Manager/SpecialistCabela'sSidney, NE
Program/Engagement ManagerThe Yacobian GroupBoston, MA
Sr. Internet BuyerTween Brands Direct, LLCNew Albany, OH
Director of StoresA'GACI, LLCSan Antonio, TX
Corporate Counsel - Employment LawRoss StoresPleasanton, CA
Loss Prevention Exception Reporting ManagerStein MartJacksonville, Florida, FL
Fashion BuyerTargetMinneapolis, MN
Sales Associates - Saks Fifth Avenue - Career Fair - Chevy Chase, MDSaks Fifth AvenueChevy Chase, MD
VP of Facility Management and SupportAAFESDallas, TX
Regional DirectorFrancesca's CollectionsPhiladelphia, PA
Click here to view more job listings.

  SmartQuote 
A creative man is motivated by the desire to achieve, not by the desire to beat others."
--Ayn Rand,
Russian-American writer and philosopher


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