Monday, April 23, 2012

How department stores can play to their strengths

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April 23, 2012News for the retail industry

  Top Story 
 
  • Long Tall Sally tests tall fashions in the U.S.
    U.K.-based tall-women's fashion chain Long Tall Sally has launched a pop-up shop in New York City's TriBeCa neighborhood and plans to do about two dozen more temporary shops around the country this year to introduce more U.S. women to the brand. The retailer currently operates 20 U.K. stores, 10 in Canada, three in Germany and one each in Minnesota and Michigan. Women's Wear Daily (subscription required) (4/20) LinkedInFacebookTwitterEmail this Story
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  Industry Watch 
 
  • Best Buy board appoints CEO search committee
    Best Buy's board of directors has named board members Lisa Caputo, Ronald James and Sanjay Khosla to the committee that will search for the consumer electronics retailer's next chief executive officer. The committee, which does not include Best Buy founder and board chairman Richard Schulze, is expected to take up to nine months to name a permanent replacement for former CEO Brian Dunn. The Wall Street Journal (4/21) LinkedInFacebookTwitterEmail this Story
  • Wal-Mart faces allegations of bribery in Mexico
    Wal-Mart may be subject to government fines in the US if it's determined that the company didn't take strong enough action after being alerted in 2005 that executives of Wal-Mart de Mexico had allegedly paid millions in bribes to get stores open faster. "We take compliance with the U.S. Foreign Corrupt Practices Act very seriously and are committed to having a strong and effective global anti-corruption program in every country in which we operate," said spokesman David Tovar. The New York Times (tiered subscription model) (4/21), Bloomberg (4/23) 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 
 
  • "This is Retail" finalist draws on the human touch
    Kim Williams, owner of The Polka Dot Press in Tallahassee, Fla., has built her business by building personal relationships with many of the customers who discover her stationery store, she says in the video that landed her on the list of five finalists in NRF's "This is Retail" contest. The human touch has also fueled two generations of growth at WEBS America's Yarn Store in Northampton, Mass., which made it to the contest's top 20. Tallahassee Democrat (Fla.) (subscription required) (4/20), MassLive.com (4/21), Retail's BIG Blog (4/21) LinkedInFacebookTwitterEmail this Story
  • U.S. retailers pick up the fast-fashion pace
    U.S. apparel retailers including Gap, American Eagle Outfitters and Macy's are ramping up efforts to win back fashion-conscious customers from international fast-fashion rivals including H&M and Zara. The retailers are placing smaller factory orders, making last-minute color and design decisions and moving goods from warehouses to sales floors much faster, industry experts say. Orlando Sentinel (Fla.)/Reuters (4/22) LinkedInFacebookTwitterEmail this Story
  • How department stores can play to their strengths
    Selfridge's London flagship has revamped its fashion departments to better reflect each designer's brand and beefed up its collections of ready-to-wear apparel from brands including Lanvin, Givenchy and Alexander McQueen. The changes are part of a larger effort to keep the department store relevant to consumers who have more options than ever before, says creative director Alannah Weston. The Globe and Mail (Toronto) (4/21) LinkedInFacebookTwitterEmail this Story
  • Other News
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  Retail Technology 
 
  • Lowe's boosts online sales with "flexible" fulfillment
    Home improvement retailer Lowe's increased its online sales 70% last year, growth the company attributes largely to a program that offered customers faster delivery times. Under the flexible fulfillment strategy, orders are shipped either from warehouses, the closest Lowe's store or directly from the supplier. Internet Retailer (4/20) LinkedInFacebookTwitterEmail this Story
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  Main Street 
  • Independent booksellers innovate to survive
    Survival in the rapidly changing retail book business means innovating on everything from e-book strategies to shaking up the merchandise mix, says P.K. Sindwani, the owner of Towne Book Center & Cafe near Philadelphia, whose recent relocation saved the business from closing. "You constantly have to innovate, you constantly have to change your strategy. It's like shooting a moving target." The Philadelphia Inquirer (4/22) LinkedInFacebookTwitterEmail this Story
The Buzz(CORPORATE ANNOUNCEMENTS)

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  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.
  Policy & Government Affairs 
  • Mass. merchants want answer on Amazon sales tax
    Massachusetts officials have not said whether Amazon's plan to open a research and manufacturing facility in the state means the online retailer will have to collect sales tax. The state's retailers said any physical presence means the company must abide by sales tax rules that apply to bricks-and-mortar merchants. Boston Herald (4/23) LinkedInFacebookTwitterEmail this Story
  Sponsored Content 
 
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  NRF News 
 
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
  • Are brand mascots cannon fodder in obesity wars?
    Ronald McDonald was a kid-friendly symbol in an innocent time when Willard Scott first donned the makeup and giant shoes in 1963. Today, the clown and other similar brand mascots have increasingly become negative symbols to anti-obesity activists. Proposed legislation that would regulate food marketing to children have included limits in using kid-friendly animated or licensed characters, ideas that were met with resistance from the advertising industry. Advertising Age (tiered subscription model) (4/23) LinkedInFacebookTwitterEmail this Story
Will you help NRF fight for retail? Join more than 100 retailers to advocate for the retail industry on Capitol Hill! Sign up now to visit with lawmakers during the NRF Washington Leadership Conference May 15-16, and help NRF push for job creation, corporate tax reform, sales tax fairness and more.
Register now.
 
Position TitleCompany NameLocation
Retail Construction/Project ManagerJewelry Repair Enterprises, IncDelray Beach, FL
Senior BuyerFloor and Decor Outlets of America, Inc.Smryna, GA
Senior Manager of Field Human ResourcesOllie's Bargain OutletHarrisburg, PA
Buyer, HardgoodsMoosejaw MountaineeringMadison Heights, MI
Director of Retail, Travel Hospitality ServiceDelaware North CompaniesBuffalo, NY
Senior Store Leadership Management PositionSaks Fifth AvenueAtlanta, GA
Learning Solutions Manager PetSmartPhoenix, AZ
Wholesale Visual CoordinatorMacKenzie-Childs LLCNew York, NY
Fashion Product Manager (Sourcing Manager)TargetMinneapolis, MN
Product Manager (Sourcing Manager)TargetMinneapolis, MI
Fashion BuyerTargetMinneapolis, MN
Target.com Merchandising BuyerTargetMinneapolis, MN
Retail Buyer - HomeTargetMinneapolis, MN
Director of Field Human Resources The Vitamin Shoppe North Bergen , NJ
Retail Merchandise ManagerLe Creuset of America, Inc./Schiller Stores, Inc.Early Branch, SC
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
Director E-Commerce Fulfillment OperationsBed Bath and Beyond Inc.Multiple Locations, United States
Click here to view more job listings.

  SmartQuote 
It's not that I'm so smart, it's just that I stay with problems longer."
--Albert Einstein,
German-born physicist


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