| May 11, 2012 | News for the retail industry |  |  | |
- Target names next round of merchants for The Shops
New York City home decor boutique Patch NYC will join SoHo shop Kirna Zabete, menswear boutique Odin and San Francisco's Curiosity Shoppe in the second round of The Shops at Target, set to launch with the back-to-school season in September. The first round of The Shops, a collection of small merchants, launched this week and will run for six weeks or until merchandise runs out. Star Tribune (Minneapolis-St. Paul, Minn.) (5/10)       | 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! |
 - Warren Buffett backs Coty's bid to buy Avon
Investor Warren Buffett's Berkshire Hathaway would provide capital to help fund Coty's proposed acquisition of Avon, which the company has raised to $10.7 billion from an earlier offer of $10 billion, the company said this week. Buffett would reportedly contribute about $2.5 billion to fund the deal. The Wall Street Journal (5/10) - Betsey Johnson to liquidate stores
The Betsey Johnson chain will begin liquidating merchandise and close most of its 69 stores to pay off creditors, after failing to secure a buyer in a bankruptcy court auction. The chain filed for Chapter 11 bankruptcy late last month. The Wall Street Journal (5/10)  - Falling cotton prices to help retailers' bottom lines
Cotton prices hit a 21-month low and continue to decline as U.S. production rises and demand from manufacturers in China and India slows, according to the USDA. It's good news for apparel retailers including Gap and Abercrombie & Fitch, which expect to see lower costs in the second half of the year. Bloomberg (5/11) - Motherhood changes shopping priorities, Mintel finds
Mintel research shows that mothers of young children take into account safety, chemicals in food and price when they grocery shop. Though 46% said finding lower prices has become more important since becoming a mother, 33% said the content of the food has become a higher priority. Drug Store News (5/10)  | Simple Strategies for Enhancing eCommerce Profitability
As the economy begins to recover, consumers continue to migrate to online shopping. Merchants are looking online to differentiate their businesses and improve profitability. Explore four payment-related strategies that can enhance online services, open new markets and increase profits in this free white paper. |
 - Lingerie brand Bare Necessities launches tablet catalogs
Online lingerie retailer Bare Necessities has dropped its print catalogs and created two new tablet-only versions of the books, which will appear in the Google Catalogs and Catalog Spree catalog aggregator applications. "By eliminating our print editions, we are able to design a catalog exclusively for the digital environment," said chief marketing officer Jay Dunn. Internet Retailer (5/10) - VC firm, Belly bet on relationship-building
Retailers can't count on price to keep customers spending in the age of "showrooming" so they'll have to depend on building loyalty by cultivating relationships. Chicago-based digital customer-loyalty start-up Belly aims to help them do just that, along with $10 million in new funding from venture capital firm Andreessen Horowitz. Fast Company online (5/8)  | Interactive marketers are feeling the pressure from government to offer clear, transparent privacy regulations for consumers. This free whitepaper, discusses various legislation, such as the EU Cookie Directive, and outlines how marketers must comply while offering a positive and enriching consumer interaction via the new paradigms of consensual targeting. Get the free whitepaper here. |
 | Policy & Government Affairs |  |  | | - Retailers take their issues to Washington
Some 200 retailers and the three winners of NRF's "This is Retail" contest will head to Washington, D.C., next week to meet with lawmakers as part of NRF's Washington Leadership Conference. "It's a great opportunity to connect our retailers ... with their lawmakers," said senior vice president David French. National Journal (5/10)
| NRF News | | | | - New national travel and tourism strategy could mean billions to U.S. economy
The Obama administration unveiled yesterday a unilateral plan to encourage more domestic and international travel, with the goal of welcoming 100 million international visitors to the United States by the end of 2021. "By streamlining our visa application and review process we can increase international travel, tourism and trade, especially among emerging economies and markets like Brazil, China and India, and welcome more shoppers from our shores to our stores," NRF President and CEO Matthew Shay said. Read more.
| Chain Restaurant News | | | | - New menu spurs sales growth at Burger King
Burger King's turnaround efforts and a new menu including salads, snack wraps and smoothies fueled a 4.6% rise in same-store sales in the first quarter, the biggest sales increase for the chain in more than eight quarters. The chain added 22 new restaurants in the quarter, all of them outside the U.S. QSRWeb.com (5/10) | |  | | Position Title | Company Name | Location | | Manager, Mast Global Operations & Integration | Limited Brands | Columbus, OH | | Senior Buyer - Home/Furniture | Shopko | Green Bay, WI | | Merchandise Buyer - Multiple Categories | Kohl's Department Stores | Milwaukee/Menomonee Falls, WI | | Cosmetics Buyer (Experience Required) | Kohl's Department Stores | Milwaukee, WI | | Merchandise Planner | Kohl's Department Stores | Menomonee Falls, WI | | Senior Merchant | Golfsmith International | Austin, TX | | Vice President Planning and Allocation | Golfsmith International | Austin, TX | | Merchant – Softlines | Golfsmith International | Austin, TX | | Senior Manager, Marketing | Total Wine & More | Potomac, MD | | Director of Payroll | Burlington Coat Factory | Burlington, NJ | | Senior Manager of Field Human Resources | Ollie's Bargain Outlet | Harrisburg, PA | | Buyer, Hardgoods | Moosejaw Mountaineering | Madison Heights, MI | | Senior Director of Quality and Product Safety | Walmart | Shenzhen, China | | Category Manager/Buyer | The Vitamin Shoppe | North Bergen , NJ | | Retail Merchandise Manager | Le Creuset of America, Inc./Schiller Stores, Inc. | Early Branch, SC | | Wholesale Visual Coordinator | MacKenzie-Childs LLC | New York, NY | | Fashion Product Manager (Sourcing Manager) | Target | Minneapolis, MN | | Product Manager (Sourcing Manager) | Target | Minneapolis, MI | | Fashion Buyer | Target | Minneapolis, MN | | Target.com Merchandising Buyer | Target | Minneapolis, MN | | Retail Buyer - Home | Target | Minneapolis, MN | | Senior Architect | Burlington Coat Factory | Burlington, NJ | | Applications Director-Supply Chain | PetSmart | Phoenix, AZ | | Women's Designer Selling Manager | Saks Fifth Avenue | Beverly Hills, CA | | Merchandise Planner | Stein Mart | Jacksonville, FL | | | Click here to view more job listings. | | |
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Americans intend to spend over $1.6 billion in consumer electronics or computer-related accessories on mom this Mother's Day. Source: 
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