| October 13, 2011 | News for the retail industry |  |  | |
- CNN looks at retail's role in economic recovery
 With plans to hire about half a million seasonal workers and the prospect of pumping $465 billion into the economy in November and December, retail plays a pivotal role in the nation's economic recovery, NRF's Ellen Davis told CNN this week. Christine Finnie, who expects to hire four temporary workers at her gift shop in Manassas, Va., said sales are better. "I expect things are going to continue to improve, and I do expect this Christmas will be better than last year's." Retail's BIG Blog (10/13)       | |  | | | Customer Centricity in Retail
With today’s pressures, it can be difficult to keep customers’ interests front-and-center. Yet, this is exactly what they demand from us. Download "Balanced Centricity: Delivering on the customer-centric philosophy" white paper to learn how a smart balance of customer governance and intelligence is helping businesses to improve their customer focus - and their bottom line. | |  | |  |
- Sears looks to license high-profile brands
Sears is reportedly shopping around for a firm to help it license its DieHard, Craftsman and Kenmore brands as a way to build a new revenue source. Recently, the retailer began selling its branded products at Ace Hardware and Costco stores, and in June the company signed a DieHard licensing deal with Dorcy International. Bloomberg (10/12)  | Move beyond credit risk defense. Gain the power to grow with BusinessIQ℠. For a limited time, you can see the benefits of Experian business information for yourself with a 30 day free trial* of our commercial credit reports and scores – with no strings attached. |
 - Mixed messages on holiday inventories
Retailers looking to have enough merchandise to satisfy holiday shoppers without overstocks that will lead to the need for deep discounts may be erring on the side of slightly higher inventories this season, according to a recent survey. However, ports and rail companies say shipments are down and retailers including Stage Stores and Charming Shoppes say they'll stock less this season. Forbes (10/12), The Wall Street Journal (tiered subscription model) (10/13) - Price increases had shoppers buying less, Levi's says
Shoppers at J.C. Penney, Sears and Kohl's bought fewer pairs of Levi's last quarter, after the company raised prices to offset higher cotton and commodity costs, said CEO Blake Jorgensen. The company turned to discounting to clear out fall styles, a move that, along with NRF's forecast of a modest 2.8% increase in holiday sales, has executives cautious about the upcoming season. Bloomberg (10/12) - Burberry executive says luxury spending remains strong
Stacey Cartwright, finance director at Burberry, said that the U.K. luxury goods company is not seeing a decline in demand despite the fragile economy. "No evidence of any slowdown ... What we have seen is consistent strong brand momentum and business growth," Cartwright said. Burberry reported a 29% surge in quarterly revenue. Reuters (10/12)  | Used to verify compliance, understand operations and identify risks, LP audits are an essential part of asset protection in retail. However, many retailers are not getting the most out of their audits. Click here to learn how LP audits can help your retail business reduce losses and increase profits. |
 - Zoomingo app points shoppers to in-store sales
A new mobile application compiles data from 70,000 stores across the country and repackages it for local consumption by Android and iPhone users looking for in-store sales on fashions, accessories and beauty and home products. Zoomingo includes data from a host of national brick-and-mortar merchants including Nordstrom, Macy's and J.C. Penney. TechCrunch (10/12)  | White Paper: Improving the Safety of Pumped Food Products
This paper explains how x-ray inspection is especially effective at detecting contaminants in pumped food products like liquids, slurries and semi-solids. It reviews the factors manufacturers must consider, suggests typical applications and where to install an x-ray system on the line. Download your free copy now! |
 - Clinton Kelly and how he's building his brand
Clinton Kelly has built his brand over nine successful seasons helping women overcome their fashion faux pas on "What Not to Wear." As he prepares to open a chain of retail stores next month, Kelly shares some of the lessons he has learned along the way, starting with the reminder that your own personal style reflects the public image of your brand. CNNMoney.com (10/12)  | You may be considering a cloud computing solution or in the midst of specifying one or even implementing a solution. Read this paper to see what IBM discovered about how companies like yours are adopting, implementing and using cloud computing solutions. Learn about the current rate of adoption, drivers, barriers, and considerations that are influencing the adoption of cloud computing. |
 | Policy & Government Affairs |  |  | | |  | - Lawmakers introduce bill to repeal swipe-fee reform
Retail organizations were outraged at the news Wednesday that U.S. Reps. Jason Chaffetz and Bill Owens have introduced a bill that would repeal the recently enacted Durbin Amendment, which capped the fees banks can charge on debit-card transactions. "Repealing these reforms sends a message that anti-competitive, price-fixing behavior on the part of the country's biggest banks is acceptable," said NRF general counsel Mallory Duncan. CSP (10/13)  | NRF News | |  | | - NRF opposes effort to repeal swipe-fee changes
Wednesday's introduction of legislation to repeal debit-card swipe fee reform could cost consumers more than $6 billion a year in savings that merchants plan to pass along to their customers. NRF immediately weighed in on the bill with NRF General Counsel Mallory Duncan commenting, "Congress needs to stop doing the bidding of the banks and think about the people who paid for the bank bailout not so long ago -- consumers and Main Street merchants." Read more. - Register for Retail’s BIG Show by Oct. 15 and save $350
Saks Fifth Avenue, 1-800-Flowers.com, and Target have already registered for retail's biggest event of 2012. Have you? The 2012 NRF Annual Convention & EXPO attracts more than 22,000 industry pros, more than 500 solution providers, and over 250 of the industry's best speakers. Register by the Oct. 15 early registration deadline and save $350. Learn more.
| Chain Restaurant News | | | | | |  | | Position Title | Company Name | Location | | VP of Marketing | Teavana | Atlanta - Buckhead, GA | | Merchandise Manager | Party City | Rockaway, NJ | | Shopper Marketing and Retail Promotions Director | Two West Inc. | Nationwide, United States | | Vice President, Business Development | Confidential | Akron, OH | | HR Director, Retail Stores | SalonCentric | Based in NJ & NYC, NJ | | Assistant General Manager - Merchandise | Saks Fifth Avenue | Boca Raton, FL | | Assistant General Manager | Saks Fifth Avenue | Tulsa, OK | | Sales Associates, Alterations, Asset Protection, Department Manager | Saks Fifth Avenue | Chevy Chase, MD | | Merchandise Buyer - Fashion Apparel | Kohl's Department Stores | Menomonee Falls, WI | | Designer, Stores | Chico's FAS, Inc. | Fort Myers, FL | | Corporate Visuals Manager | MacKenzie-Childs LLC | New York , NY | | Manager of Store Design | Chico's FAS, Inc. | Fort Myers, FL | | Asset Protection Associate | Saks Fifth Avenue | Stamford, CT | | Brand Ambassador- Women's Designer Sportswear | Saks Fifth Avenue | San Antonio, TX | | Cosmetics Business Manager | Saks Fifth Avenue | Bal Harbour, FL | | Sales Associate Career Day- Las Vegas, NV | Saks Fifth Avenue | San Francisco, CA | | Marketing Director | Saks Fifth Avenue | Hackensack, NJ | | Construction Project Manager | Chico's FAS, Inc. | Fort Myers, FL | | Purchasing Agent | Chico's FAS, Inc. | Fort Myers, FL | | Visual Merchandising Manager | Headquarters, MCCS | Quantico, VA | | Fashion Buyer | Target | Minneapolis, MN | | Contract Recruiter - Merchandising | Burlington Coat Factory | Burlington, NJ | | Location Director - Home Delivery Organic and Natural Food | Suburban Organics | Ottsville, PA | | Store Manager-Luxury Retail-San Diego | Tourneau LLC | San Jose, CA | | Assistant Store Manager-Luxury Retail-San Jose | Tourneau LLC | San Jose, CA | | | Click here to view more job listings. | | |
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