Monday, April 16, 2012

Francesca's to grow to 900 stores

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April 16, 2012News for the retail industry

  Top Story 
 
  • Retailers saw higher-than-expected March sales
    Retail sales rose 0.8% in March, after a 1% rise in February, indicating that consumers are continuing to spend in spite of higher gas prices, according to a Commerce Department report released Monday morning. Warm weather helped boost sales of spring apparel and home-improvement and gardening supplies, and sales were up in 11 out of 13 retail categories. Reuters (4/16), The Wall Street Journal (4/16), Bloomberg (4/16) LinkedInFacebookTwitterEmail this Story
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  Industry Watch 
 
  • Francesca's to grow to 900 stores
    Houston-based apparel, jewelry and accessories retailer Francesca's plans to grow from 249 stores to about 900. The stores aim for a boutique feel, with smaller, fast-changing inventories that "create a sense of scarcity and newness, which helps drive customer shopping frequency and loyalty," the company says. Investor's Business Daily (4/13) LinkedInFacebookTwitterEmail this Story
  • Mattress Firm on track to add 100 stores a year
    Mattress Firm is expanding as consumers emerge from the recession ready to buy beds again, CEO Stephen Stagner said Friday. The retailer, which recently acquired Mattress Giant, is on track to add about 100 stores per year, Stagner said. CNBC (4/13) LinkedInFacebookTwitterEmail this Story
 
  • Other News
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.
  Retail Trends 
 
  • U.S. apparel prices rose in March
    March apparel prices were up 4.9% compared to the same month last year and 0.5% from February, according to the Labor Department's Consumer Price Index. "It is in light of the strength and resilience in consumer spending that we are seeing some pricing power retained by retailers," said Moody's economist Jeet Dutta. Women's Wear Daily (subscription required) (4/13) LinkedInFacebookTwitterEmail this Story
  • U.S. luxury retailers cater to Chinese tourists
    China provides one of the fastest-growing sources of tourists to the U.S., and wealthy Chinese visitors spend an average of $6,000 per visit compared to $4,000 by tourists from other countries. High-end retailers including Tiffany are increasingly catering to the group at their New York City stores, hiring Mandarin-speaking sales associates and offering broader selections than are found in their stores in China. The New York Times (tiered subscription model) (4/14) LinkedInFacebookTwitterEmail this Story
  • New struggles for independent bookstores
    The Justice Department's lawsuit against Apple and several publishing houses and Amazon's plan to lower e-book prices will make it tougher for independent bookstores to compete, owners say. Google recently opted to stop selling e-books to independent shops and, even if they can find a new supply, they may no longer be able to compete with Amazon on price. The Oakland Tribune (Calif.) (4/13) LinkedInFacebookTwitterEmail this Story
What Every Small-Business Owner Needs To Know For Tax Season
Small-business owners can seize many opportunities to reduce their taxes, lower their expenses and invest in employees and equipment this tax season. It’s important to understand the credits, deductions and strategies you can use to help maximize your business’s tax advantages. Download your 2012 Small Business Tax Strategy white paper now, exclusively for SmartBrief readers.
  Retail Technology 
 
  • 3-D scanners help shoppers find the right fit, style
    Me-Ality scanners at two Massachusetts malls use 3-D imaging technology to measure 200,000 points on the body to help customers find the right size and most flattering styles from more than 40 brands including Gap, Brooks Brothers and Talbots. Boston Herald (4/14) 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.
  Hot Topics 

Top five news stories selected by NRF SmartBrief readers in the past week.

  • Results based on number of times each story was clicked by readers.
  Sponsored Content 
 

  NRF News 
  • Just announced: "This is Retail" Top 5 finalists revealed
    In the semifinal round of NRF's "This is Retail" video contest, America cast over 420,000 votes to decide which retail story would advance past the Top 10. Contestants across the country have pulled out all the stops, lobbying and receiving support from their local broadcasts, print publications and public officials. Now that public voting for round two is complete, the stage is set for an all-out fight to the finish for the five remaining videos. View the Top 5. LinkedInFacebookTwitterEmail this Story
 
  • Moderate retail sales growth continues in March
    Despite the slowly increasing price of gasoline, an uptick of consumer spending helped the retail industry post another month of positive gains in March. According to NRF, March industry sales (excluding automobiles, gas stations and restaurants) increased 0.8% seasonally adjusted from February and 6.6% unadjusted year-over-year. Read more. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
 
Position TitleCompany NameLocation
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
Manager of Visual Merchandising, e-commerceThe TJX Companies, Inc.Framingham, MA
Corporate Counsel - Commercial GeneralistMeijerGrand Rapids, MI
District ManagerHallmarkNashville, TN
VP eCommerceBurlington Coat FactoryBurlington, NJ
Senior Vice President - Human ResourcesBurlington Coat FactoryBurlington, NJ
Enterprise Architect – Global IT Omni-ChannelLevi Strauss & Co.San Francisco, CA
Sr. Business Analyst, Multi-Channel Retail ITLevi Strauss & Co.San Francisco, CA
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 E-Commerce Fulfillment OperationsBed Bath and Beyond Inc.Multiple Locations, United States
Director of OperationsSpencer GiftsEgg Harbor Township, NJ
Manager of Store CommunicationAmerican Eagle OutfittersPittsburgh, PA
Click here to view more job listings.

  SmartQuote 
People who don't take risks generally make about two big mistakes a year. People who do take risks generally make about two big mistakes a year."
--Peter Drucker
Austrian-American writer and management consultant


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