| June 5, 2012 | News for the retail industry |  |  | |
- Report: Online retail theft rose last year
About 96% of retailers fell victim to organized retail theft last year, up from 94.5% in 2010, with cities including Chicago, New York and Los Angeles hit particularly hard, according to NRF's annual study. "What this tells us is that as retailers and law enforcement become more aware of and more proactive in pursuing organized retail crime gangs, criminals have become more desperate and brazen in their efforts, stopping at nothing to get their hands on large quantities of merchandise," said NRF vice president Rich Mellor. Chicago Tribune (6/5), Women's Wear Daily (subscription required) (6/5)       | Cloud Security Who Do You Trust?
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 - Target gets serious about urban retail
Target is putting the finishing touches on a high-profile urban experiment in Chicago's downtown Loop, a smaller store designed to woo city dwellers who previously have had to trek to the suburbs in search of specific items. Target also plans to open the smaller City stores in Los Angeles, Seattle and San Francisco this year. "It's like we've been dating long distance. Now we're going to be right in their backyard," said executive John Griffith. Bloomberg Businessweek (5/31) - Jones Group to acquire Brian Atwood brand
The Jones Group said Monday it will acquire the Brian Atwood footwear brand for an undisclosed amount. The deal, which includes the ongoing services of designer Brian Atwood, is aimed at further raising the company's reputation for upscale shoes, following earlier acquisitions of the Stuart Weitzman and Kurt Geiger brands. Crain's New York Business (6/4)  | Could you get more ROI from CRM?
It's no secret that closer customer relationships generate more sales. But if you haven't introduced your associates to the power of advanced clientelling, you haven't even begun to realize your full profit potential! Learn how with our in-depth White Paper: Five Steps to a Better Class of Clientelling. Download your copy now! |
 - Cotton prices fall to 31-month low
Cotton futures fell significantly this week, hitting a 31-month low amid slowing global demand. The shift signals lower costs for apparel retailers that were struggling with record-high cotton prices last year. "The commodity pressures that we're seeing in cotton are beginning to ease," said J.Crew CFO Stuart Haselden. Bloomberg Businessweek (6/4) - Women's apparel retailers face ongoing challenges
Sales of women's fashions have been slowing since before the recession and apparel sales aren't rebounding nearly as fast as shoes, bags and accessories. The trend comes with complex challenges for apparel brands and upscale retailers, and the potential for long-term shifts in how much space stores dedicate to women's fashions in the future. "It's not a price issue. There are lifestyle changes," said Neiman Marcus CEO Karen Katz. Women's Wear Daily (subscription required) (6/4)  | 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. |
 - IKEA TV to come with built-in shopping features
IKEA is set to launch a new line of Uppleva TVs next month that have the ability to let users shop and pay for IKEA products. The remote has a button that lets users click during certain commercials and access online e-commerce pages that let them buy the goods in the ad. GigaOm/NewTeeVee (6/4) - More retail stores start selling Square card readers
More than 20,000 U.S. retail stores including Walgreens, FedEx Office, and Staples now sell Square credit-card readers, the company said Monday. Square attaches to Apple and Android mobile devices and enable small merchants to easily accept credit card payments. VentureBeat (6/4)  | Top 5 HR Compliance Concerns for Small Business
Small and medium sized companies spend a lot of time focusing on core business issues, but they may overlook one of the most potentially serious and costly issues — regulatory compliance. How do you know what issues to look for in order to protect the company? Download this must-read paper that discusses the top 5 HR compliance issues. |
  | 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 |  |  | | |  | - Denver names task force to raise retail sales
Denver's economic development office has created a six-member task force of area retail and business experts charged with studying the reasons the city's sales tax collections have fallen behind. The committee will hire a consultant that will be responsible for improving the city's retail performance and attracting new retailers to Denver. The Denver Post (6/5)  | Discover Balanced Travel at Element Hotels
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| NRF News | |  | | - NRF report shows increase in severity, complexity of organized retail crimes
As top-level retail executives and law enforcement become more proactive in pursuing organized retail crime syndicates, criminals have become increasingly brazen in their efforts. In NRF&'s eighth annual ORC survey, a record 96% of the 125 retail executives surveyed said their company was a victim of organized retail crime within the last year as concerns over cargo theft, violence and collusion are on the rise. Read more. - Bare Necessities CMO talks new rules of mobile and social
With the emergence of new social media platforms and mobile gadgets, retail marketers have an ever-expanding arsenal of ways to creatively reach customers. To get a CMO's perspective on where the social and mobile wave is taking the industry, Bare Necessities CMO Jay Dunn explains how brand consistency across all channels and a "transmedia" marketing model must go hand-in-hand for retailers to effectively reach the super-connected shopper. Read more. Retail's BIG Blog (5/2)
| Chain Restaurant News | | | | - Starbucks to pay $100 million for bakery brand
Starbucks said Monday it has agreed to acquire San Francisco-based Bay Bread and its La Boulange brand of homemade granola, organic bread and sandwiches for $100 million in cash. La Boulange operates 19 bakeries and sells its products in grocery stores and restaurants; Starbucks plans to both add the bakery's products at its namesake stores and open new La Boulange locations, the company said. Bloomberg Businessweek (6/4) | |  | | 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 | | Alterations Manager | Saks Fifth Avenue | Huntington Station, NY | | Merchandise Planner | Gorsuch | Vail, CO | | Sr. Analyst, Customer Analytics | REI | Kent, WA | | Manager, Information Systems Internal Audit | PetSmart, Inc. | Phoenix, AZ | | Marketing Director - NYC Store | Saks Fifth Avenue | New York, NY | | Senior DBA - SQL Server - Oracle | Shopko | Green Bay, WI | | Vice President Real Estate | Spencer Gifts | Egg Harbor Township, NJ | | Digital/Shopper Planning Director | TracyLocke | Wilton, CT | | 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 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 | | 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 | | Senior Buyer - Home/Furniture | Shopko | Green Bay, WI | | | Click here to view more job listings. | | |
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