Friday, June 8, 2012

Best Buy founder abruptly resigns from board

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June 8, 2012News for the retail industry

  Top Story 
 
  • Best Buy founder abruptly resigns from board
    Best Buy founder Richard Schulze resigned as chairman of the board and director on Thursday and said he'll explore options for his 20% equity stake in the company. His departure raises speculation about the retailer's future, but will also give the board a freer hand to hire a new CEO with the vision to reinvent the struggling consumer electronics giant, analysts say. The Wall Street Journal (6/7) LinkedInFacebookTwitterEmail this Story
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  Industry Watch 
 
  • Other News
Business Analytics: Optimizing Your Operations
Organizations are gathering and storing enormous amounts of information. Read this free e-book to see how mid-sized organizations can better use information to drive business decisions to lower costs and improve profit. Discover how you can overcome the barriers midsized business face and improve your competitive position.
  Retail Trends 
 
  • Look to Hispanic women for shopping trends, research says
    Hispanic women are avid bargain hunters who shop at dollar and discount stores and use technology including mobile devices and online searches, according to WSL/Strategic Retail. "Hispanic women are an important population to watch as early adopters of the future of shopping," said President Candace Corlett. "To achieve the American dream of having it all, Hispanic women shop more creatively than other demographics, utilizing every savings opportunity to get what their families need at the lowest price." Progressive Grocer (6/6) LinkedInFacebookTwitterEmail this Story
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  Retail Technology 
 
  • P&G brings mobile shopping to NYC and Chicago
    Procter & Gamble's @PGMobile truck is traveling around New York City, giving residents an opportunity to scan QR codes with their mobile phones to order P&G products from Wal-Mart Stores. Similar QR codes will be on display at bus shelters in Chicago. "People have yet to really adopt buying consumables online," said P&G spokesman Tim Marrin. "We think having free delivery, and getting this message out to urban shoppers who don't have access to Wal-Mart stores, is a great first start." MediaPost Communications/Online Media Daily (6/7), Drug Store News (6/7) LinkedInFacebookTwitterEmail this Story
  • Other News
Experian/Moody's Analytics Small Business Credit Index — "The Q1 analysis has shown that small businesses are finally getting some relief from the credit crunch that has plagued many of them since the Great Recession," said Mark Zandi, chief economist at Moody's Analytics. Download the report now!
  Policy & Government Affairs 
 
  • Lawmakers debate fairness of CARD Act
    New laws regulating credit cards that took effect last year require issuers to consider individual income instead of household income, a provision that retailers and some members of Congress say unfairly penalizes stay-at-home parents. "Historically, credit card issuers have been able to make informed decisions on applicants over the age of 21 and their ability to repay using their years of repayment behavior," said Charming Shoppes' Kirk Simme, who testified on behalf of NRF. The State Journal (Charleston, W.Va.) (6/7) LinkedInFacebookTwitterEmail this Story
Download Forrester Research, Inc.'s April 2012 report: SMB eCommerce Solutions 2012, A Guide To Selecting Your eCommerce Solution written by Brian K. Walker. Learn which SMB eCommerce solution you should consider for your business. For example, Forrester expects to see the advent of full-service offerings such as Amazon's suite of solutions. Download your complimentary copy now.
  Sponsored Content 
 

  NRF News 
  • NRF's Loss Prevention Conference: There's an app for that
    Loss prevention professionals understand the importance of having instant access to information at their fingertips. That's why the mobile app for NRF's Loss Prevention Conference & EXPO, June 20 to 22 in New Orleans, is an all-in-one event guide, complete with session descriptions, speaker information, campus maps and more. Available on Apple and Android devices, the app can be used to create an event schedule in advance, take notes on sessions and more. Download the app. LinkedInFacebookTwitterEmail this Story
  • NRF SmartStat: June 8, 2012
    Over 40% of executives said they are currently deploying cloud technology to manage their retail supply chain or have plans to do so over the next 18 months. Source: Retail Horizons: Benchmarks 2011, Forecasts 2012. LinkedInFacebookTwitterEmail this Story
 
  • How BJ's Wholesale Club upped the ante on video surveillance
    As organized retail criminals get more sophisticated, so should retailers' technology to monitor and catch thieves in the store. In a June 14 STORES webinar, BJ's Vice President of Asset Projection Charles Delgado will explain the benefits and processes involved when selecting the right IP video surveillance system to maximize return on investment, as well as how the results can impact a company. Learn more or register. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
  • K-cup pods to be sold at Starbucks cafes
    Participating Starbucks stores will begin selling 12-count packs of K-cup coffee pods for Green Mountain Coffee Roasters' Keurig machines, a company official said. Starbucks had been selling the pods through third-party retailers, but will begin selling a medium-roast and a dark-roast blend in its stores as soon as next week, with more varieties to come in July. The Wall Street Journal (6/7) LinkedInFacebookTwitterEmail this Story
 
Position TitleCompany NameLocation
Sr. Merchandise PlannerBevMo!Concord, CA
Senior Director/Director of Store Operations & Customer ServiceBevMo!Concord, CA
Assistant Vice President, Allocation dressbarnSuffern/border line Mahwah, NJ , NY
Director of Eastbay BrandFootlocker.com/EastbayWausau, WI
Sr. Site Manager, Shopping Experience Apple, Inc.Cupertino, CA
Alterations ManagerSaks Fifth AvenueHuntington Station, NY
Merchandise PlannerGorsuchVail, CO
Human Resources Director (Talent Development Director)Saks Fifth AvenuePalm Beach Gardens, FL
Senior Director of MerchandisingFrancesca's CollectionsHouston, TX
Divisional Merchandise Manager (DMM)Perry Ellis InternationalMiami, FL
Senior Buyer - Home/FurnitureShopkoGreen Bay, WI
Retail Operations ManagerGirl Scouts of Eastern MassachusettsWaltham, MA
Senior DBA - SQL Server - Oracle ShopkoGreen Bay, WI
Vice President Real EstateSpencer GiftsEgg Harbor Township, NJ
Digital/Shopper Planning DirectorTracyLockeWilton, CT
Merchandise Buyer - Multiple CategoriesKohl's Department StoresMilwaukee/Menomonee Falls, WI
Cosmetics Buyer (Experience Required)Kohl's Department StoresMilwaukee, WI
Merchandise PlannerKohl's Department StoresMenomonee Falls, WI
Direct Marketing Campaign Developer ShopkoGreen Bay, WI
Circulation and Marketing Analyst ShopkoGreen Bay, WI
Marketing Director - NYC StoreSaks Fifth AvenueNew York, NY
Real Estate ManagerShopkoGreen Bay, WI
Divisional Private Brand Manager--Consumables/HBA ShopkoGreen Bay, WI, WI
BuyerBed, Bath & BeyondUnion, NJ
Associate BuyerFive Below, Inc.Philadelphia, PA
Click here to view more job listings.

  SmartQuote 
For disappearing acts, it's hard to beat what happens to the eight hours supposedly left after eight of sleep and eight of work."
--Doug Larson,
American newspaper columnist


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