Tuesday, April 17, 2012

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April 17, 2012News for the retail industry

  Top Story 
 
  • Macy's stars in reality TV special
    Macy's will award $1 million to the fashion, home goods or food entrepreneur who wows judges Tommy Hilfiger, Marcus Samuelsson and Martha Stewart on "Macy's Million Dollar Makeover." The prime time TLC special, which airs tonight, gives each contestant 24 hours to create a presentation and two minutes to pitch it, in the hopes of winning not only the cash but a chance to sell their products at Macy's stores. MediaPost Communications/Media Daily News (4/16) LinkedInFacebookTwitterEmail this Story
The Men's Wearhouse successfully integrated multi-channel processes under one division to reduce labor and inventory costs, improve inventory accuracy and visibility, more efficiently use temporary workers, and improve customer satisfaction through increased on-time performance and delivery. Download our case study to find out how they did it.
  Industry Watch 
 
  • How one "This is Retail" finalist helps power the economy
    NRF's "This is Retail" contest helps put a human face on all the data that illustrate the industry's impact on the economy. Jim Adams' video, which made it to the list of top five finalists, uses humor and real employees to illustrate how one purchase at his Falls Road Running Store in Baltimore spurs spending throughout the local economy. Retail's BIG Blog (4/17) LinkedInFacebookTwitterEmail this Story
 
  • Ralphs, Wal-Mart cut prices in Southern California market
    Competition for grocery customers is growing as more players enter markets such as Southern California, where Ralphs and Wal-Mart recently touted price cuts to entice customers. "Customers are saying: 'I want lower prices, I want you to make it easier and I want it to be immediate," said Ralphs spokeswoman Kendra Doyel. "We took items our customers buy more often or every day, and we lowered those prices throughout the entire store." San Diego Union-Tribune (4/16) LinkedInFacebookTwitterEmail this Story
  • SUPERVALU announces leadership change
    SUPERVALU selected Dan Sanders to become head of Albertsons Southern California, Keith Wyche leader of ACME Markets and Brian Audette president of Cub Foods. Sanders is ACME's president; Wyche is Cub Foods' president; and Audette is group vice president for merchandising transformation and process improvement. Drug Store News (4/16), Progressive Grocer (4/16) LinkedInFacebookTwitterEmail this Story
  • Other News
Tax season can be tough. The IRS has increased the time it spends auditing small businesses by 30%. This free white paper brought to you by American Express OPEN, will help you learn how to navigate changes in tax legislation, leverage often overlooked deductions and strategize for the coming years. Download your free white paper, What Every Small Business Owner Needs To Know For Tax Season.
  Retail Trends 
 
  • Retailers continue to create jobs
    Retail hiring may be uneven from month to month, but sales growth tends to spur hiring and a strong first quarter likely means more retail jobs this year, experts say. "There are concerns out there, but on the other hand there's momentum in hiring and in spending," said NRF chief economist Jack Kleinhenz. Bloomberg (4/17) LinkedInFacebookTwitterEmail this Story
  • NRF applauds March retail sales growth
    Monday's report that March retail sales rose a better-than-expected 0.8% sparked optimism among retailers and NRF. "While retailers wait until the end of April to gauge the success of the spring shopping season, it's evident that consumers are holding their own against rising gas prices and other economic concerns," said NRF President and CEO Matthew Shay. American City Business Journals/Washington (4/16) LinkedInFacebookTwitterEmail this Story
  • Other News
Which do you choose: Customer frustration…or channel integration? Today's consumers expect to shop the way technology lets them work and live: easily, efficiently and seamlessly across channels. Aberdeen's 2012 Analyst Insight on the Omni-Channel Retail Experience explains how your competitors make that happen – and how you can too! This $399 value is now yours free. Download the report now!
  Retail Technology 
 
  • Pinterest drives the need for mobile-optimized retail sites
    Retailers and consumer product brands have embraced Pinterest, a visual social platform that lets users easily share pictures of their products. "Pin It" buttons also make it easier for users to make a purchase, provided retailers have mobile-optimized sites that allow seamless transactions, says Branding Brand CEO Chris Mason. Luxury Daily (4/16) LinkedInFacebookTwitterEmail this Story
What Data Thieves Don’t Want You to Know:
How a multi-layered data security solution, including encryption and tokenization, protects data in transit, in use and at rest. When combined, these two technologies provide a powerful method for securing sensitive data wherever it exists. Get proof here.
  Main Street 
 
  • What new federal size definitions mean for small companies
    A move by the Small Business Administration to broaden its definition of small businesses could mean that companies will face more competition for federal contracts designed for small companies. "A lot is riding on whether a business can maintain a position as small," federal contracting consultant William Spriggs said. The Wall Street Journal (4/4) LinkedInFacebookTwitterEmail this Story
On the Internet, page-loading delays can stop customers from buying. Download our free report 3 Proven Ways to Boost Transactions with Web Acceleration and learn how Limelight Network's front-end acceleration technology can improve Time to Actions.
  Policy & Government Affairs 
 
Amazon Webstore — Security, Scalability, & Reliability for your eCommerce Business
Hosted on Amazon’s cloud, Webstore scales with your business so you can test new ideas — like a flash sale microsite — without investing in expensive hardware or infrastructure. Learn more now.
  Sponsored Content 
 

  NRF News 
  • Voting begins for final round of NRF's "This is Retail" contest
    It's the home stretch of the nationwide "This is Retail" contest, and only five videos remain in the final round. The final week of the tournament has removed the bracket-style matchups, and now each video is pitted against each other in a dash to the $25,000 grand prize. The three contestants receiving the most votes will be flown to NRF's Washington Leadership Conference in Washington, D.C. where the official rankings will be unveiled. Voting for the Top 5 continues from now until 11:59 p.m. ET on Sunday, April 22 so pick your favorite "This is Retail" story and vote up to ten times a day. Learn more. LinkedInFacebookTwitterEmail this Story
 
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
  • McDonald's names new chief operating officer
    McDonald's has named Tim Fenton to the COO post, to replace Don Thompson when he takes over as CEO following Jim Skinner's retirement in June, the company said Monday. Fenton, who started with the company as a crew member in 1973, is currently president of the Asia, Pacific, Middle East and Africa division. The Wall Street Journal (4/16) LinkedInFacebookTwitterEmail this Story
  • Other News
The Buzz(CORPORATE ANNOUNCEMENTS)

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Position TitleCompany NameLocation
Retail Construction/Project ManagerJewelry Repair Enterprises, IncDelray Beach, FL
VP Retail MerchandisingLittle Switzerland St. Thomas, USVI, USA Virgin Islands
Senior BuyerFloor and Decor Outlets of America, Inc.Smryna, GA
Senior Store Leadership Management PositionSaks Fifth AvenueAtlanta, GA
Director of Field Human Resources The Vitamin Shoppe North Bergen , NJ
Retail Merchandise ManagerLe Creuset of America, Inc./Schiller Stores, Inc.Early Branch, SC
Senior Manager, Training & DevelopmentTotal Wine & MorePotomac, MD
District ManagerHallmarkNashville, TN
Manager of Visual Merchandising, e-commerceThe TJX Companies, Inc.Framingham, MA
Corporate Counsel - Commercial GeneralistMeijerGrand Rapids, MI
Director of MarketingMoosejawMadison Heights, MI
Cosmetics Buyer (Experience Required)Kohl's Department StoresMilwaukee, WI
E-Commerce MerchantKohl's Department StoresMilwaukee / Menomonee Falls, WI
Merchandise PlannerKohl's Department StoresMenomonee Falls, WI
Merchandise Buyer - Multiple CategoriesKohl's Department StoresMilwaukee/Menomonee Falls, WI
Director of OperationsSpencer GiftsEgg Harbor Township, NJ
Manager of Store CommunicationAmerican Eagle OutfittersPittsburgh, PA
Director E-Commerce Fulfillment OperationsBed Bath and Beyond Inc.Multiple Locations, United States
Click here to view more job listings.

  SmartQuote 
Man cannot discover new oceans unless he has the courage to lose sight of the shore."
--André Gide,
French author


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