Tuesday, January 17, 2012

Retail's BIG Show: Bigger show crowds reflect solid retail growth

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January 17, 2012News for the retail industry

  Top Story 
 
  • Clinton upbeat about economy, despite challenges
    Former President Bill Clinton expressed optimism about the economy and a belief that U.S. economic success requires global collaboration, in his Monday keynote speech at Retail's BIG Show. "The bottom line is we can't get away from the rest of the world so we have to share the future," he said. BusinessNewsDaily.com (1/16), Women's Wear Daily (subscription required) (1/17) LinkedInFacebookTwitterEmail this Story
 
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  Industry Watch 
  • Sears' new strategy marries categories and content
    Sears is the nation's largest seller of exercise equipment, a fact the retailer plans to capitalize on as part of a turnaround strategy that aims to add value with product-related content in stores and online. In addition to its new FitStudio website, Sears has 38 in-store Fitness Flagships, with equipment set up to look like a gym and sales associates who are often also personal trainers. Advertising Age (tiered subscription model) (1/16) LinkedInFacebookTwitterEmail this Story
  • Other News
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  Retail trends 
 
  • Supermarkets shift gears to cater to food-stamp recipients
    Supermarket chains that used to highlight their Starbucks cafes and upscale olive bars have shifted their focus as more consumers faced with long-term unemployment are shopping with food stamps, a program that rose to a record $71.8 billion last year. The SUPERVALU-owned Save-A-Lot chain promotes bulk items and pricier meat cuts early in the month as shoppers stock up, and highlights smaller packages and less-expensive items later as funds dwindle. Bloomberg (1/17) LinkedInFacebookTwitterEmail this Story
  • Retail customers want to receive and share information
    In a survey of 28,500 people from 15 countries, 76% of respondents said they would welcome more communication from retailers, while 24% said they receive too much. The survey also found that customers are willing to share information about themselves, with 75% saying they would divulge media usage, 73% willing to tell demographic information and 61% fine with sharing identifying information such as a name and an address. Convenience Store News (1/16) LinkedInFacebookTwitterEmail this Story
  • Young shoppers prefer brick-and-mortar, study finds
    Consumers between the ages of 18 and 25 would rather shop in brick-and-mortar stores for clothing and shoes, according to a study at LIM College, although 66% said they head online to do product research and price comparisons first. Additionally, while social media plays a role in brand awareness, 88% said they opt not to shop on Facebook or Twitter. Women's Wear Daily (subscription required) (1/17) LinkedInFacebookTwitterEmail this Story
To make a retail operation truly customer-focused, retailers need to connect customer’s interactions, drive better decisions using science and insight, and optimize operations for efficiency. Retailers who focus on discerning customer sentiment and creating a customer experience will win customers’ long-term loyalty. Learn more.
  NRF 101st Annual Convention & Expo 
 
  • Macy's CEO: Retail industry must be heard
    The retail industry affects 1 in 4 jobs in America, making it vital for Washington lawmakers to hear and respond to the industry's concerns, NRF board chairman and Macy's CEO Terry Lundgren told attendees at Retail's BIG Show on Monday. Retail's BIG Blog (1/17) LinkedInFacebookTwitterEmail this Story
 
  • Maurices demonstrates retail's multi-channel future
    Duluth, Minn.-based Maurices has made great strides in figuring out how to seamlessly combine brick-and-mortar store offerings with digital channels as more shopping moves online, David Jaffe, CEO of parent Ascena Group, explained at Retail's BIG Show. "We don't care if [customers] go online or to the store. Our best customers will do both. It's not either/or. It's and, and, and." Star Tribune (Minneapolis-St. Paul, Minn.) (1/16) LinkedInFacebookTwitterEmail this Story
 
  • Creativity is key to unlocking customers' love
    Baker and entrepreneur Linda Hundt loves her customers, and that shines through starting with the hugs they get when they walk into her Michigan store, Sweetie-licious, Hundt told attendees at Retail's BIG Show. Hundt and Dave Ratner of Dave's Soda and Pet City shared the many ways their small businesses have used creativity to win shoppers' love and loyalty. Retail's BIG Blog (1/16) LinkedInFacebookTwitterEmail this Story
 
  • Bigger show crowds reflect solid retail growth
    Retail's BIG Show in New York City this week attracted about 24,000 people, a record crowd that reflects a year of solid industry growth. Retail sales rose 4.7% in 2011, according to NRF data. CNBC (1/16) LinkedInFacebookTwitterEmail this Story
 
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  Retail Technology 
  • Touchwall lets users make a pizza with Wolfgang Puck
    Celebrity chef and restaurateur Wolfgang Puck has partnered with Possible Worldwide to create an interactive wall that lets users spend five minutes creating a virtual pizza with Puck as part of the HSN Pizza Challenge. The game, on display at the Retail's BIG Show this week, was created to promote Puck's recipes and the kitchen products he sells through HSN. MediaPost Communications/MediaDailyNews (1/16) LinkedInFacebookTwitterEmail this Story
  Policy & Government Affairs 
 
  • NRF vows to push hard on retail policy issues
    NRF will head to Washington this year with a strong lobbying effort and a clearly defined set of policy goals designed to help the industry create new jobs, President and CEO Matthew Shay said in a speech at Retail's BIG Show Monday. "Our goal is to ensure that every candidate for elected office knows these three words: Retail means jobs." NorthJersey.com (Hackensack, N.J.) (free registration) (1/16) LinkedInFacebookTwitterEmail this Story
 
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  NRF News 
  • NRF CEO shares industry issues, policy debates to watch in 2012
    NRF President and CEO Matthew Shay took to the main stage Monday at Retail's BIG Show to update the industry on trends for the coming year that will shape retail. Watch Shay's full remarks as he explains why the retail industry has been "a source of strength during an otherwise sluggish economic recovery," three trends the retail industry will see in 2012, NRF's economic forecast for the year, and what messages NRF will be taking to the Hill to ensure that retail has a voice as big as its economic footprint. Watch the video. LinkedInFacebookTwitterEmail this Story
 
  • NRF SmartStat: Jan. 17, 2012
    More than 3,000 people like NRF on Facebook. View the page. LinkedInFacebookTwitterEmail this Story
 
  • Work in retail? Share your story and win $25,000
    NRF's recently announced This Is Retail video contest is a nationwide search to find the most interesting retail stories in America. To participate in the contest, retail employees or business owners will submit a two-minute video sharing their retail story -- highlighting how their company positively affects shoppers or the community, their role in the creation of a new innovative product or technology, or how an initiative will generate new jobs to boost the economy -- and compete to win up to $25,000. Learn more. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
  • Other News
 
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Click here to view more job listings.

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