Thursday, June 21, 2012

How loss prevention leadership can transform the organization

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June 21, 2012News for the retail industry

  Top Story 
 
  • Apple to boost hourly wages for U.S. store workers
    Apple will give its hourly retail workers in the U.S. raises of as much as 25% after evaluating pay rates in an internal review earlier this year, employees said this week. About two-thirds of the company's 350 stores are in the U.S., employing workers whose pay averages between $9 and $15 per hour and can rise to $30 for members of the "Genius" tech support team. The Wall Street Journal (6/20) LinkedInFacebookTwitterEmail this Story
Which seniors are most profitable for you?
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  Industry Watch 
 
  • Saks invests to turn stores into tourist draws
    Saks Fifth Avenue is investing in new infrastructure and strategies aimed at capturing more of the growing hordes of international tourists to its 45 U.S. stores in the coming years, Vice President Kathleen Ruiz said at a recent conference. The retailer's efforts will include upgrading systems to allow Asian shoppers to pay with their debit cards, and partnerships with airlines and luxury travel networks. Women's Wear Daily (subscription required) (6/19) LinkedInFacebookTwitterEmail this Story
  • Gap CEO shares outlook for growth
    Gap will continue expanding its outlet store locations even as it cuts underperforming retail space from its full-price namesake and Banana Republic stores, CEO and Chairman Glenn Murphy said this week. The company is taking a wait-and-see approach to expansion in Europe and will expand its presence in Japan with the opening of its first Old Navy store there next month. Women's Wear Daily (subscription required) (6/20) LinkedInFacebookTwitterEmail this Story
  • Sears launches vacation-package layaway
    Sears unveiled searsvacations.com this week, a website that lets shoppers book vacations and put them on layaway. The site includes hotels, cruises, rental cars and airline tickets, as well as 100 pre-paid vacation packages. Time.com (6/20) LinkedInFacebookTwitterEmail this Story
  • Other News
Cloud Security Who Do You Trust?
Cloud computing changes the way we use computing with the promise of significant economic and efficiency benefits. But significant security issues are presented with this new approach to computing. This white paper explains why trust, reliability and security decisions are central to choosing the right model.
  NRF's 2012 Loss Prevention Conference 
 
  • How loss prevention leadership can transform the organization
    Saks has cut its shrink rate 70% since a 2005 SEC investigation spurred changes at the luxury retail chain, and along the way it learned some vital lessons about the important role the asset-protection team plays in fostering an ethical company culture, CEO Stephen Sadove told attendees during his Wednesday keynote at NRF's Loss Prevention Conference. "Clarity of strategies, over communication" and "constant planning," went a long way toward helping reduce the shrink, he said. Security Director News (Langhorne, Pa.) (free registration) (6/20) LinkedInFacebookTwitterEmail this Story
  • Why diversity is key to a strong loss prevention team
    Retail loss prevention is increasingly becoming an attractive career field, drawing people with the diverse backgrounds and viewpoints that make for stronger teams, said panelists at NRF's Loss Prevention Conference. "People with law degrees or those who would not traditionally consider loss prevention or asset management are now attracted to the opportunities in these fields," said SUPERVALU VP Carol Martinson. Retail's BIG Blog (6/20) LinkedInFacebookTwitterEmail this Story
 
  • Fighting back against habitual retail thieves
    Habitual retail criminals can be violent, intimidating and capable of doing significant financial damage, but retailers can take several steps to make cases against them that will stick, loss prevention specialists from Gap and CVS told attendees at NRF's Loss Prevention Conference. "These repeated offenses compromise the safety of employees and overall shopping experience, and can have long-term effects on one store or multiple stores across America," said Gap's Jason Adams. Retail's BIG Blog (6/21) LinkedInFacebookTwitterEmail this Story
 
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  Retail Trends 
 
  • Report: Women demand more from their makeup
    U.S. women have learned to expect more from their makeup, driven by marketing campaigns that boast the multi-tasking abilities of new cosmetics, according to NPD Group. "Makeup products with skincare benefits create a perception of 'more bang for the buck,' and consumers may believe they are getting more value," the report says. MediaPost Communications/Marketing Daily (6/20) LinkedInFacebookTwitterEmail this Story
  • Why French bookstores continue to thrive
    France boasts 2,500 bookstores, and sales of print books rose 6.5% between 2003 and 2011, highlighting both the country's ongoing reverence for the printed word and government policies and laws that shore up book sales, industry experts say. Laws prohibit even online retailers from offering discounts of more than 5% on print books and ban any discounting on e-books. The New York Times (tiered subscription model) (6/20) LinkedInFacebookTwitterEmail this Story
Find your 25th hour — Want to boost your company's productivity? Microsoft is offering a workplace productivity survey to help you discover how to give your people more time to innovate, plus find ways to improve your company's productivity. Get the survey and see how you can get time on your side.
  Retail Technology 
The Buzz(CORPORATE ANNOUNCEMENTS)

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  NRF News 
  • How e-fairness could bring 15,000 jobs in Ohio
    During the last Retail Means Jobs road show in the Buckeye State, NRF President and CEO Matthew Shay met with 70 retail industry leaders to discuss the most pressing issues facing the industry today. His message: A federal solution to sales tax fairness would not only level the playing field, but also bring balance and jobs to the state's economy. Read more. Retail's BIG Blog (6/20) LinkedInFacebookTwitterEmail this Story
  • Cargo at rest is cargo at risk: Tips for minimizing theft
    The FBI estimates cargo theft can be as high as a $30 billion problem for retailers every year. So how can retailers get out in front of this growing problem? In a breakout session at NRF's Loss Prevention Conference, Con-way's Chris Zook joined law enforcement officials from the Shelby County Sheriff's Office, who unveiled how the two organizations partnered to uncover the crime rings responsible for high-value thefts. Read more. Retail's BIG Blog (6/20) LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
  • Starbucks to open 1st Tazo tea shop this fall
    Starbucks will open a 1,700-square-foot tea-only shop near its Seattle headquarters in October, selling more than 80 varieties of its Tazo-branded tea in loose-leaf form and hot and cold tea beverages, the company said. The shop will also include a blending station where customers can create personalized blends to brew in the store or take home. Bloomberg Businessweek (6/20) LinkedInFacebookTwitterEmail this Story
 
Position TitleCompany NameLocation
Spirits BuyerTotal Wine & MorePotomac, MD
Area Director - Specialty RetailThe Container StoreHouston, TX
Category BuyerSchool OutfittersCincinnati, OH
Sr. Merchandise PlannerBevMo!Concord, CA
VP eCommerceBurlingtonBurlington, NJ
eCommerce Merchandise ManagerGorsuchVail, CO
VP DMM Ladies Shoes BurlingtonBurlington, NJ
Divisional Vice President, Marketing - CustomerREIKent, WA
Divisional Vice President, Marketing - Brand CreativeREIKent, WA
Divisional Merchandise Manager (DMM)Perry Ellis InternationalMiami, FL
Sr. Analyst, Customer Analytics REIKent, WA
Associate BuyerFive Below, Inc.Philadelphia, PA
Sr. Site Manager, Shopping Experience Apple, Inc.Cupertino, CA
DMMFrancesca's CollectionsHouston, TX
Manager, Information Systems AuditPetSmart, IncPhoenix, AZ
Associate Buyer - ToysShopkoGreen Bay, WI
Divisional Private Brand Manager - LadiesShopkoGreen Bay, WI
DIRECTOR OF MARKETING – CRM STRATEGYSaks Fifth AvenueHuntington Station, NY
PlannerBed Bath & BeyondUnion, NJ
Merchandise Planning ManagerSpirit HalloweenEgg Harbor Township, NJ
Click here to view more job listings.

  SmartQuote 
To acquire knowledge, one must study; but to acquire wisdom, one must observe."
--Marilyn vos Savant,
American columnist


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