 | September 8, 2011 | News for the retail industry |  |  | |
- Successful strategy will guide Costco after CEO retires
Costco CEO Jim Sinegal built the warehouse chain from a single store to an international chain by staying true to his simple philosophy of never overcharging for products. When he retires on his 76th birthday in January, new chief and longtime Costco executive Craig Jelinek isn't likely to tamper with the proven recipe for success. Reuters (9/7)      - Wal-Mart eyes possible Japan acquisitions
Wal-Mart may look to acquisitions to boost business in Japan, where it currently operates 413 stores, international division President and CEO Doug McMillon said at a retail conference Wednesday. Sales in the small but important market have been on the upswing in the months since the March earthquake and tsunami. Reuters (9/7) - Karl Lagerfeld launches capsule collection at Macy's
Many U.S. consumers got their first glimpse of styles from European designers via department stores, including Karl Lagerfeld, who credits department stores for paving the way for his U.S. success. This week, the designer was on hand at Macy's to debut a new exclusive collection on sale at 225 of the chain's stores as well as the website. Women's Wear Daily (subscription required) (9/7) - Coldwater Creek gives TV a try
Idaho-based Coldwater Creek is taking to the TV airwaves for the first time in a bid to expand its share of female shoppers ages 45 and over. The "Still Got It" campaign includes seven TV ads via DeVito/Verdi in New York that seek to convey wearers of its clothing as confident and playful. The campaign comes as the chain seeks to bounce back after a significant sales drop in its most recent quarter. MediaPost Communications/Marketing Daily (9/7) - Outlet malls reap the rewards of back-to-school thriftiness
Parents determined to properly outfit their children for the return to school have increasingly opted for outlet malls to find name brands including Gap, Nike and Vans at prices that can range from 25% to 70% off. The trend is a shift from the early days of the recession, when consumers eschewed name brands and flocked to discount stores to shop solely on price. ABC News/The Associated Press (9/7) - Retail executives head into autumn in a cautious mood
Growing economic uncertainty in the U.S. and Europe has retail executives from J.C. Penney, Nordstrom, Wal-Mart and other chains cautious about the outlook for the near future. "I'm not an economics expert, but I look at unemployment, I look at housing prices, and I feel firsthand what my customers are feeling on a day-in, day-out basis. So, I don't see this getting any better anytime soon," said Urban Outfitters CEO Glen Senk. Women's Wear Daily (subscription required) (9/7) - Spring to bring sporty neon looks
Department store buyers expect to see upscale sportswear and plenty of fluorescent colors for spring as nearly 100 designers show off their latest collections at New York Fashion Week. "Designers are thinking about what does the customer not have and what ultimately will do well at retail, and customers respond to color," said Neiman Marcus fashion director Ken Downing. Reuters (9/7)  | You already know that meeting labor and employment regulations can create major administrative burdens. Well, guess what? Many federal agencies have been busy changing and updating these regulations while speeding up enforcement activity. Join our free webinar to learn more. HRCI credit approved. |
 | Policy & Government Affairs |  |  | | |  | - Canada lawmakers to investigate higher prices at U.S. chains
A committee in the Canadian Senate will investigate the practice by some U.S. retailers of charging more for their goods in Canada than they do at home. Canadian consumers have been complaining about the disparity, and finance officials wonder about the reasons behind it, given that the country's currency has been higher than the U.S. dollar for most of the past five years. United Press International (9/7)  | John Jantsch invites you to go local
As customers continue to rely on the Web to help them screen local businesses, local businesses must take steps to ensure that they pop to the top of online searches. Duct Tape Marketing's John Jantsch offers strategies for local marketing success in this free white paper from American Express OPEN, How to Win at the Local Marketing Game. Download your free copy now, exclusively for SmartBrief readers. |
| NRF News | |  | | - Sneak peek: 4 ways you can make more money next week
If you've attended the Shop.org Annual Summit before, you've heard of the perennial favorite session "40+ Things You Can Do To Make More Money Next Week." In advance of next week's 2011 event, Shop.org's Artemis Berry previews four tips from the speakers themselves: Ryan Urban of Bounce Exchange, Scot Wingo of ChannelAdvisor, Amy Africa of Eight by Eight and Michael Mothner of Wpromote. View the tips. - NRF SmartStat: Sept. 8, 2011
 The average age of a tablet owner is 36, younger than smartphone owners. Source: BIGresearch survey - How does your company stack up against the competition?
Survey collection for Retail Horizons, NRF's most illustrious industry benchmarking report, is officially under way. Retailers, complete the benchmarking survey by Oct. 7 and receive a customized company report with key metrics to compare your company against the industry standard. The study, which collects data on retailers' intentions in nine areas of operations including customer insight, e-commerce, supply chain and marketing, will be released at Retail's BIG Show in January. Learn more.
| Chain Restaurant News | | | | | |  | | Position Title | Company Name | Location | | Chief Financial Officer (CFO) | Forman Mills | Pennsauken, NJ | | Vice President of Distribution and Logistics | Sleep Experts | Dallas, TX | | Visual Manager | Saks Fifth Avenue | San Francisco, CA | | Saks Fifth Avenue- Designer Sales Associate | Saks Fifth Avenue | Houston, TX | | Saks Fifth Avenue- Sales Associate Career Fair- New Orleans, LA | Saks Fifth Avenue | New Orleans, LA | | Candy Merchant | Five Below, Inc. | Philadelphia, PA | | Sales Associate Saks Fifth Avenue, Beverly Hills | Saks Fifth Avenue | Beverly Hills, CA | | Selling Manager - Shoes | Saks Fifth Avenue | New York, NY | | SALES ASSOCIATES - FULL-TIME, PART-TIME, SEASONAL | SAKS FIFTH AVENUE | TROY, MI | | Sales Associate | Saks Fifth Avenue | ATLANTA, GA | | SALES ASSOCIATE | SAKS FIFTH AVENUE | SHORT HILLS, NJ | | MDSR Buyer-Fashion | Meijer | Grand Rapids, MI | | Senior Manager, Training & Development | Total Wine & More | Potomac, MD | | Various Retail Opportunities within | Deloitte Consulting LLP | Multiple Locations, United States | | Merchandise Planner | Kohl's Department Stores | Menomonee Falls, WI | | Assistant Buyer | Kohl's Department Store | Menomonee Falls, WI | | Product Creative Design - Manager/Specialist | Cabela's | Sidney, NE | | Regional Director | Francesca's Collections | Philadelphia, PA | | IT Business Analyst - eComm / Internet Marketing | Academy Sports & Outdoors | Katy, TX | | Corporate Counsel - Employment Law | Ross Stores | Pleasanton, CA | | Merchandise Buyer | Kohl's Department Stores | Milwaukee/Menomonee Falls, WI | | Director of Stores | A'GACI, LLC | San Antonio, TX | | VP of Facility Management and Support | AAFES | Dallas, TX | | Fashion Buyer | Target | Minneapolis, MN | | Sr. Internet Buyer | Tween Brands Direct, LLC | New Albany, OH | | | Click here to view more job listings. | | |
| SmartQuote | | | |  | Without leaps of imagination, or dreaming, we lose the excitement of possibilities. Dreaming, after all, is a form of planning."
--Gloria Steinem,
American journalist and women's rights advocate  |
| | This SmartBrief was created for cpgbrokers.data@blogger.com
| | | | | | | | | Recent NRF SmartBrief Issues: - Wednesday, September 07, 2011
- Tuesday, September 06, 2011
- Friday, September 02, 2011
- Thursday, September 01, 2011
- Wednesday, August 31, 2011
| | | Lead Editor: Megan Conniff
Contributing Editor: Faye Rapoport
Mailing Address:
SmartBrief, Inc.®, 1100 H ST NW, Suite 1000, Washington, DC 20005 | | | | | | © 1999-2011 SmartBrief, Inc.® Legal Information |
|
No comments:
Post a Comment
Please comment thoughtfully CPG Brokers, your best resource to optimize your in store self exposure and maximize sku distribution.