Thursday, January 26, 2012

J.C. Penney launches new "square deal" logo

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January 26, 2012News for the retail industry

  Top Story 
 
  • CEO: Bon-Ton to take its lead from customers
    Customers have more shopping choices than ever before, which means retailers must listen to them and tailor their offerings accordingly, says newly named Bon-Ton CEO Brendan L. Hoffman. "Otherwise, she's going to go to another store or she's going to go online. So it goes back to, 'The customer's always right,'" said Hoffman, who takes over the job on Feb. 7. Milwaukee Journal Sentinel (tiered subscription model) (1/25) LinkedInFacebookTwitterEmail this Story
  Industry Watch 
 
  • J.C. Penney launches new "square deal" logo
    J.C. Penney says its latest logo, a red square and a smaller blue square with the "jcp" name in the corner, was made to resemble a flag and represents the "square deal" shoppers can expect under the department store chain's new pricing system. The latest look replaces a logo launched less than a year ago. The Wall Street Journal (1/26) LinkedInFacebookTwitterEmail this Story
  • Penney aims to prove change is good: Major changes unveiled by J.C. Penney CEO Ron Johnson on Wednesday are focused on pricing, promotion and personality and aim to breath new life into the 110-year-old department store chain, writes STORES editor Susan Reda. Retail's BIG Blog (1/25) LinkedInFacebookTwitterEmail this Story
  • New strategy harks back to Penney's roots: Former store clerk James Cash Penney launched his department store chain 110 years ago in a Wyoming coal-mining town, with a no-haggling policy and an everyday low-price strategy that resembles the pricing changes the company announced this week. The Wall Street Journal (1/26) LinkedInFacebookTwitterEmail this Story
  • Wal-Mart ends night shifts for greeters
    Wal-Mart has removed greeters from the overnight shift at its U.S. stores, in a move to save money and ensure proper staffing levels during peak shopping times, the company said. The retailer has been reassigning night-shift greeters at its 3,000 U.S. supercenters to other jobs during the last six months. Bloomberg (1/25) LinkedInFacebookTwitterEmail this Story
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  Retail trends 
 
  • U.S. retail chains add electric charging stations
    Sales of electric cars are on the rise and retailers and shopping centers across the country are adding electric-car charging stations to help them fuel up. Walgreens has added stations at about 800 stores, Macy's is testing them at a handful of locations in San Diego, and Kohl's and Best Buy have launched tests as well. Los Angeles Times (1/26) LinkedInFacebookTwitterEmail this Story
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  Retail Technology 
 
  • Gristedes upgrades its in-store IT systems
    New York City supermarket chain Gristedes has overhauled its in-store IT system to improve service, offer Wi-Fi access needed for mobile promotions, add digital signage, improve inventory management systems and provide a seamless backup for times when the system goes down. "Because of the old New York City infrastructure ... we were constantly having problems," said CIO Chris McCrae. STORES magazine (1/2012) LinkedInFacebookTwitterEmail this Story
Consumer Insights Your Brand Needs to Know: Latest Trends in Behavioral Advertising
Learn what brand managers, advertisers, as well as networks, agencies, and publishers need to know about consumer survey insights into behavioral ad serving, also known as interest-based advertising. Learn more today!
  Main Street 
 
  • How to improve your tax-preparation process
    A number of strategies, such as switching to a computerized accounting system and regularly balancing your books, can help set up your business for success this year, writes Bonnie Lee of Taxpertise. "Review your company's financial statements on a regular basis to determine the progress of your business, pinpoint weak spots, and to plan for the future," she writes. Fox Business Small Business Center (1/20) LinkedInFacebookTwitterEmail this Story
Maintaining accurate inventory is at the heart of retailing. Perpetual inventory solutions are one means to that end. Download our white paper, Inventory Is the Store: How Mobility Maximizes Return on Investment, to learn how Zebra mobile inventory solutions improve inventory management by meeting your inventory where it lives on the shelves.
  Policy & Government Affairs 
 
  • Lobbyists react to State of the Union
    President Barack Obama didn't heed requests from the retail industry to mention its role as a job creator in Tuesday's State of the Union address. "A lot of his speech was focused on the notion of bringing manufacturing jobs back to the United States. Well, retailers haven't left," said NRF's top lobbyist, David French. Roll Call (free content) (1/26) LinkedInFacebookTwitterEmail this Story
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  NRF News 
 
 
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
  • Has Smashburger found the secrets to success?
    Smashburger has grown to 143 locations in 25 states and gained loyal followings in each market without spending on TV or radio ads. The chain, which launches with a locally flavored burger in each new city, depends on social media to boost its profile in the increasingly crowded field of fast-casual players. Reuters (1/25) LinkedInFacebookTwitterEmail this Story
 
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  SmartQuote 
A committee is a group of the unprepared, appointed by the unwilling to do the unnecessary."
--Fred Allen,
American comedian


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