 | June 1, 2012 | News for the retail industry |  |  | |
- How colored jeans are changing the apparel industry
Retailers' jeans racks are exploding with bright colors including "ancient fig" purple at J. Crew, Barbados cherry from Lucky Brand, and mango jean shorts at Forever 21. The sudden shift to bright colored pants for men, women and children are aimed at giving consumers a new reason to buy pants, says Lucky CEO Dave DeMattei. The Wall Street Journal (5/30)       | 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! |
 - Sycamore Partners to buy Talbots in $369 million deal
A week after exclusive negotiations ended, private equity firm Sycamore Partners said it will buy women's apparel retailer Talbots for $193.3 million in cash plus assumed debt that brings the value of the deal to $369 million. "Sycamore Partners is a strong investor with substantial resources and expertise, and we look forward to operating as a private company under their ownership," said CEO Trudy Sullivan, who is expected to step down by the end of the month. The Boston Globe (tiered subscription model) (5/31), Women's Wear Daily (subscription required) (5/31) - Nordstrom partners with GQ on curated collections
Nordstrom and men's magazine GQ have created GQ Selects, a collection of between 12 and 18 products selected each month by the magazine's editors that Nordstrom will sell online. "This is about selling product, but it's also about raising our level of awareness in the fashion world," said David Witman, general merchandise manager of men's wear at Nordstrom. Women's Wear Daily (subscription required) (5/31)  | Transforming spreadsheets: planning, budgeting and forecasting for midsize companies
A spreadsheet-based approach to performance management won't meet the challenges facing growing midsize businesses. You need confidence in the information you're using for critical decision-making. Read this white paper to see how IBM® Cognos® Express can transform the spreadsheet-only process. |
 - NRF: Fewer shoppers comb social sites for deals
The percentage of consumers who follow brands on Facebook and Twitter declined to 51% from 58% a year ago, amid higher concerns about privacy and online security. Shoppers increasingly are opting to share their finds on Pinterest rather than the two more established social media platforms, according to a new survey released by NRF. Chicago Tribune (5/31) - How mobile strategies can help battle showrooming
Brick-and-mortar retailers are exploring ways to counter showrooming -- a practice where customers sample products in stores but then use their mobile devices to find better deals online. The practice may be inevitable -- but retailers can hope to turn a browser into "a customer so that as they walk out of the store they are now buying that product at the store through the mobile device or at the checkout with a coupon on the mobile device," said Martin Hayward, director of marketing at Mirror Image Internet. MobileCommerceDaily.com (5/31)  | 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. |
 - Google Shopping will charge merchants for listing
Google will begin charging retailers to list on product-search service Google Shopping, which has been free to merchants that agree to share certain product data. Consumers performed about 80 million shopping-related searches on Google in April, compared with 900 million on eBay and 335 million on Amazon, according to comScore. The Wall Street Journal (6/1) - IBM intros in-store smartphone shopping app
IBM has teamed up with Honeywell to create a "digital shopping assistant," a mobile application that allows in-store shoppers to use their smartphones to pay for items at self-checkout kiosks after scanning them. The app for Android and iOS relies on Honeywell's bar code decoding technology and gives shoppers access to affinity programs, promotions and digital coupons. CNET (5/31)  | Successful Retailers Connect Foot Traffic to Cash Flow. Retail executives who have applied people counting data and analytics to store operations have seen a 7% uplift in sales. Learn how foot traffic data and analysis can help you identify key performance indicators for foot traffic, allocate labor more efficiently, and measure marketing effectiveness. Click for the free whitepaper. |
  | Learn 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. |
 | Policy & Government Affairs |  |  | |
| NRF News | | | | - What's hot in retail (and at NRF)
NRF's annual fly-in in May came on the heels of the report of another month of modest growth in retail sales. But this wasn't the only hot news for retailers last month, as NRF's most sought-after resources included our Mother's Day survey, second-quarter Retail Sales Outlook, and the results of the Shop.org State of Online Retailing survey. Read more. Retail's BIG Blog (6/1) - REI, eBags execs talk mobile marketing strategy across platforms, channels
Every retail marketer knows experimenting with mobile is key to a seamless customer experience across all channels. In a recent May is Marketing Month webinar, Chris Wilson, CMO at eBags, and Jeff Klonowski, mobile e-commerce manager at REI, explained how their companies are seeing the average order value for mobile rise steadily higher than desktops. In response, both shared best practices for measuring success across all devices and how to integrate across channels. Read more. Shop.org Blog (5/30)
| Chain Restaurant News | | | | | |  | | Position Title | Company Name | Location | | Director of Eastbay Brand | Footlocker.com/Eastbay | Wausau, WI | | Senior Director/Director of Store Operations & Customer Service | BevMo! | Concord, CA | | Assistant Vice President, Allocation | dressbarn | Suffern/border line Mahwah, NJ , NY | | Marketing Director - NYC Store | Saks Fifth Avenue | New York, NY | | Buyer | Five Below, Inc. | Philadelphia, PA | | Merchandise Manager - Accessories / Footwear | Hanna Andersson | Portland, OR | | Experienced Retail/Wine Managers | Total Wine & More | Dallas - Fort Worth, TX | | Associate Buyer | Five Below, Inc. | Philadelphia, PA | | Divisional Merchandise Manager (DMM) | Perry Ellis International | Miami, FL | | Merchandise Planner | Kohl's Department Stores | Menomonee Falls, WI | | Direct Marketing Campaign Developer | Shopko | Green Bay, WI | | Circulation and Marketing Analyst | Shopko | Green Bay, WI | | Real Estate Manager | Shopko | Green Bay, WI | | Divisional Private Brand Manager--Consumables/HBA | Shopko | Green Bay, WI, WI | | Buyer | Bed, Bath & Beyond | Union, NJ | | Merchandise Planner | Stein Mart | Jacksonville, FL | | Senior Merchant | Golfsmith International | Austin, TX | | Vice President Planning and Allocation | Golfsmith International | Austin, TX | | Merchant – Softlines | Golfsmith International | Austin, TX | | Senior Buyer - Home/Furniture | Shopko | Green Bay, WI | | Director of Merchandise Planning (General Merchandise) | Meijer | Grand Rapids, MI | | eCommerce Monetization Manager | Meijer | Grand Rapids, MI | | Director of Real Estate | Burlington Coat Factory | Los Angeles, CA | | Retail Operations Manager | Girl Scouts of Eastern Massachusetts | Waltham, MA | | Senior DBA - SQL Server - Oracle | Shopko | Green Bay, WI | | | Click here to view more job listings. | | |
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- Thursday, May 24, 2012
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