Friday, February 17, 2012

Wealthy shoppers drive higher sales at Nordstrom

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February 17, 2012News for the retail industry

  Top Story 
 
  • Talbots secures $75 million loan, continues CEO search
    Talbots has secured a $75 million loan to assure liquidity as it continues a search for a CEO to replace Trudy Sullivan and continues evaluating strategic options, including a possible sale of the company. The women's apparel retailer turned down a December buyout offer from Sycamore Partners. Women's Wear Daily (subscription required) (2/16) LinkedInFacebookTwitterEmail this Story
Do you know what global consumers are buying? What product categories do they prefer? What do they value most in their shopping experience? And how do they differ from country to country? Pitney Bowes Ecommerce Solutions conducted a global survey polling consumers in ten countries including Canada, UK, Australia, China, Japan and Brazil. Download the white paper here.
  Industry Watch 
 
  • Wealthy shoppers drive higher sales at Nordstrom
    Nordstrom reported a 12.5% rise in sales during the quarter ended Jan. 31, as wealthy consumers boosted holiday spending even as less-affluent consumers tightened their belts. The luxury department store plans to invest significantly in its e-commerce efforts this year, open one new full-line store and 15 outlets, and continue to search for the right location for its first store in Canada, executives said. The Seattle Times (2/16) LinkedInFacebookTwitterEmail this Story
  • QVC to launch line of Nicole Richie's designs
    Nicole Richie will debut a line of "bohemian-chic" styles on QVC's "The Buzz on the Red Carpet — Live From L.A." show next week. The pieces include a maxi dress and kimono jacket, and range in price from $75 to $257. "I want to connect with the women watching by letting them know that we are similar in many ways; I'm a mother of two and I work," she said. Women's Wear Daily (subscription required) (2/16) LinkedInFacebookTwitterEmail this Story
 
  • Other News
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!
  Retail trends 
  • Designers partner on tote bag project to fight fakes
    The Council of Fashion Designers of America and eBay have partnered for the second year to create and sell a line of designer tote bags to raise awareness about counterfeit items and design piracy. The bags will be sold only on eBay, beginning March 20. CNBC (2/16) LinkedInFacebookTwitterEmail this Story
  • Toymakers bet parents will spend more this year
    Parents are poised to splurge on their children in 2012 after cutting back last year, say toymakers gathered this week for the 109th American International Toy Fair. Parents are increasingly focusing on quality over quantity, spending on one pricier toy that's likely to hold the child's interest longer, according to NPD Group research. CNBC (2/16) LinkedInFacebookTwitterEmail this Story
  • Luxury market continues global growth
    Global luxury brands enjoyed strong sales growth last year and the momentum continues, even as other consumer product sectors struggle. Luxury companies including LVMH Moët Hennessy Louis Vuitton and PPR continue to see strong sales growth in Asia, and expect to see similar growth in emerging markets including Brazil and Indonesia. The Wall Street Journal (2/17) LinkedInFacebookTwitterEmail this Story
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  Retail Technology 
 
  • Retailers drop F-commerce experiments
    Retailers including J.C. Penney, Nordstrom and GameStop closed their Facebook stores within months of launching them, throwing the future of F-commerce into doubt, said Forrester Research analyst Sucharita Mulpuru. "There was a lot of anticipation that Facebook would turn into a new destination, a store, a place where people would shop," Mulpuru said. "But it was like trying to sell stuff to people while they're hanging out with their friends at the bar." Bloomberg (2/17) LinkedInFacebookTwitterEmail this Story
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  Sponsored Content 
 

  NRF News 
  • NRF welcomes legislation to overturn "ambush" union elections
    NRF urged Congress to move quickly on legislation that would overturn new National Labor Relations Board regulations that allow unions to hold "ambush" organizing elections with little notice to employers. CEO Matthew Shay noted, "This legislation would restore a level playing field to ensure that employees can make an informed decision about joining a union." Read the full release. LinkedInFacebookTwitterEmail this Story
 
  • Turn your associates into retail management superstars
    The NRF Foundation has developed an interactive five-part course aimed at preparing new or aspiring entry-level retail managers for the core competencies of retail management. This instructor-led curriculum can be delivered to meet any retailer's training schedule and includes modules with real-world scenarios to prepare learners for a leadership role in your business. Learn more. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
 
Position TitleCompany NameLocation
Email Marketing ManagerGolfsmithAustin, TX
Retail Systems Implementation ConsultantThe Parker Avery GroupAtlanta, GA
Footwear BuyerBig 5 Sporting GoodsEl Segundo, CA
Buyer, PetitesStein MartJacksonville, FL
Vice President of Human ResourcesTeavanaAtlanta, GA
Retail ManagementTotal Wine & MoreSeattle, WA
General ManagerSaks Fifth AvenueShort Hills, NJ
Business Development - Home Office BasedThe French Company/FacilityConnectTwinsburg, OH
Demand PlannerStaples, Inc.Framingham, MA
Retail Communications and Operations ManagerHanna Andersson LLCPortland, OR
Assistant General Manager of Merchandising (AGMM)Saks Fifth AvenueHackensack, NJ
Manager, Financial Planning and AnalysisSpencer GiftsEgg Harbor Township, NJ
VP Customer StrategyBurlington Coat FactoryBurlington, NJ
Marketing Director -- IndianapolisSaks Fifth AvenueIndianapolis, IN
National Advertising Sales ManagerIntent MediaNew York City , NY
Maintenance AssociateRooms To GoCharlotte, NC
The North Face: Customer Relationship Management ManagerThe North FaceSan Leandro, CA
Senior Product ManagerdunnhumbyCincinnati, OH
Vice President of eCommerceThe Vitamin ShoppeNorth Bergen , NJ
Buyer - Men's Personal FurnishingsBurlington Coat FactoryBurlington, NJ
Director of Procurement ServicesBurlington Coat FactoryBurlington, NJ
VP eCommerceBurlington Coat FactoryBurlington, NJ
Contract Recruiter - MerchandisingBurlington Coat FactoryBurlington, NJ
BuyerJeans WarehouseLos Angeles, CA
Merchandise PlannerBurlington Coat FactoryBurlington, NJ
Click here to view more job listings.

  SmartQuote 
Success is blocked by concentrating on it and planning for it. ... Success is shy -- it won't come out while you're watching."
--Tennessee Williams,
American playwright


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