Friday, November 18, 2011

Merchants get ready for busy Black Friday

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November 18, 2011News for the retail industry

  Top Story 
 
  • New footprints and fashions in Target's future
    Target, which saw its strongest quarterly same-store sales increase since 2007 in the third quarter, has two key executive positions to fill in the near-term and a full plate of initiatives to accomplish in the coming years. The chain will launch its first urban City Target stores next year, move into Canada in 2013 and continue to assess new designer capsule collections on the fashion front. Women's Wear Daily (subscription required) (11/16) LinkedInFacebookTwitterEmail this Story
Consumer Insights Your Brand Needs to Know: Latest Trends in Behavioral Advertising
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  Industry Watch 
 
  • Best Buy puts more ad dollars into its holiday stocking
    Best Buy's holiday ad push this year has a bigger budget behind it, as the electronics retailer will prominently feature the tablets, e-readers and smartphones it sells, all of which have been moving briskly off the marketer's shelves. The campaign, via Crispin Porter + Bogusky, Starcom and Razorfish, will have a significant digital component, but also will include five 30-second TV spots, one of which will feature all of the Apple products Best Buy sells. Advertising Age (tiered subscription model) (11/17) LinkedInFacebookTwitterEmail this Story
  • REI to open first NYC store next week
    Outdoor gear and apparel retailer REI will open its first Manhattan store next week, in a historic three-story building in the city's SoHo neighborhood. The 36,000-square-foot store will include a bike repair shop, ski and equipment rentals, and a community room for classes. Women's Wear Daily (subscription required) (11/17) LinkedInFacebookTwitterEmail this Story
  • Coach has big expansion plans for China
    Luxury handbag maker and retailer Coach plans to open about 30 stores per year for the next few years in China, where sales are on track to hit $300 million this year and $500 million in 2014, said president of international operations Victor Luis. The company plans to open most of the new stores in smaller but fast-growing urban areas. The Wall Street Journal (tiered subscription model) (11/18) LinkedInFacebookTwitterEmail this Story
  • Other News
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  Retail trends 
 
  • Merchants get ready for busy Black Friday
    About 152 million U.S. consumers plan to shop during Black Friday Weekend, up from 138 million last year, NRF says, and retailers are getting ready. Macy's will launch humorous ads starring Justin Bieber, who urges shoppers to get an early start. NRF expects shoppers to turn out at the stores that have pushed up their openings to midnight, since many would rather stay up than set their alarms for the next morning, says CEO and President Matthew Shay. MediaPost Communications/Marketing Daily (11/17), Journal and Courier (Lafayette, Ind.) (11/18) LinkedInFacebookTwitterEmail this Story
  • Lowest-priced chains opt for the earliest openings
    Several retailers that cater to low-income shoppers have chosen to stay open on Thanksgiving while luxury merchants will take Black Friday at a more leisurely pace. In the hope of being first to bring in lower-income holiday shoppers, Kmart, Wal-Mart and Old Navy stores will be open on the holiday, while Bloomingdale's, Nordstrom and Saks will stick to their traditional opening times the day after Thanksgiving. Reuters (11/17) LinkedInFacebookTwitterEmail this Story
  • New generation of Chinese tourists drive U.S. luxury sales
    A new generation of more affluent tourists from China are fueling higher sales at luxury retailers including Tiffany & Co., Coach and Ralph Lauren. "Roughly half of our U.S. sales increase in the quarter came from higher spending by foreign visitors, increasingly led by Chinese travelers," said Tiffany's Vice President Mark Aaron. International Business Times (11/17) LinkedInFacebookTwitterEmail this Story
  • Other News
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  Retail Technology 
 
  • Payment startup takes aim at credit card companies
    Online-payment company Dwolla aims to grab market share from credit card companies and online-payment services such as PayPal by charging a flat, 25-cent fee per transaction, instead of a percentage of the purchase amount. ABC News (11/17) LinkedInFacebookTwitterEmail this Story
The last thing customers want is to stand in a long line. That’s why queue busting is a proven way to improve the retail customer experience. Download this white paper Lift Customer Loyalty and Sales with Mobile Queue Busting to learn how modern mobile transaction systems from Zebra can reduce queues without adding expensive checkout counters or staff.
  Main Street 
 
  • Diversity, service key to camera store's success
    Hunt's Photo and Video in Malden, Mass., is one of the few remaining independent camera merchants in the age of digital photography. Third-generation owner Gary Farber says his eight-store company succeeds by tailoring its services to photographers of all levels, from first-time point-and-clickers to professionals. Boston Herald (11/17) LinkedInFacebookTwitterEmail this Story
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  Sponsored Content 
 

  NRF News 
  • Top 10 retailers for customer service announced
    As shoppers prepare to visit stores and websites after Thanksgiving, the finalists for the seventh annual Customers' Choice awards have been announced. The retailers, chosen by over 9,000 shoppers through a write-in survey, include online greats like Amazon and Zappos and multichannel contenders like L.L.Bean and Nordstrom. The final company rankings will be released at NRF's Annual Convention, Jan. 15 to 18 in New York City. View the Top 10. LinkedInFacebookTwitterEmail this Story
  • NRF SmartStat: Nov. 18, 2011
    Just over 60% of retailers now require customers returning items without a receipt to show identification. Source: NRF's 2011 Return Fraud survey LinkedInFacebookTwitterEmail this Story
 
  • Gift card spending to reach $27 billion this holiday season
    Thanks to e-gifting, instant delivery through Facebook, personalized video and even mobile options, gift cards have become unique gift ideas in their own right. According to an NRF survey released today, holiday shoppers are expected to spend an average of $155 on gift cards, the highest amount since 2007. NRF's first holiday survey, released last month, shows that gift cards remain the most requested holiday gift. Read more. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
  • IHOP debuts a new fast-casual format
    At IHOP Express in San Diego, patrons order at the counter, pour their own coffee and are typically out the door in half an hour or less without having to leave a tip. The new format aims to appeal to consumers who have shifted from casual dining to fast-casual eateries in search of faster, less-pricey meals. USA TODAY (11/16) LinkedInFacebookTwitterEmail this Story
  • McDonald's recruits chefs to beef up global menus
    McDonald's restaurants in international markets have upgraded their menus with sandwiches created by classically trained chefs, including Austrian chef Toni Mörwald, whose Surf & Turf burger debuted this week. Earlier this fall, Michelin-starred Italian chef Gualtiero Marchesi created two new sandwiches including the McItaly Adagio, an eggplant mousse made with tomato and ricotta salata cheese. BurgerBusiness.com (11/17) LinkedInFacebookTwitterEmail this Story
Save $250 on Retail’s BIG Show
From leading brands to independent retailers, 20,000+ will head to Retail’s BIG Show in New York Jan. 15-18 to discuss the latest trends and technology driving the retail industry. Be a savvy shopper and take advantage of the advance rate by Dec. 2. Register now.
 
Position TitleCompany NameLocation
Director of Learning and DevelopmentBurlington Coat FactoryBurlington, NJ
Sr. Corporate Internal AuditorPetSmart, Inc.Phoenix, AZ
Fashion BuyerTargetMinneapolis, MN
Sr. Systems Training and Communications SpecialistBj's Wholesale Club, Inc.Westborough, MA
Enterprise Architect ManagerCabela'sSidney, NE
Director, Store Planning and Project DevelopmentRoss Stores, Inc.Pleasanton, CA
Assistant General Manager Merchandise - Hackensack, NJ StoreSaks Fifth AvenueHackensack, NJ
Director of OperationsFive Below, Inc.Philadelphia, PA
Category Manager - Copy & PrintStaplesFramingham, MA
Manager, Retail Communications/TrainingL.L. BeanFreeport, ME
Director, International Government AffairThe Clorox CompanyOakland, CA
VP DMM BoysBurlington Coat FactoryBurlington, NJ
Talent Development DirectorSaks Fifth Avenue- Santa BarbaraSanta Barbara, CA
Paralegal IIIThe Clorox CompanyOakland, CA
Fifth Avenue Club DirectorSaks Fifth AvenueBal Harbour, FL
Click here to view more job listings.

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