Tuesday, August 7, 2012

Best Buy founder makes a bid to buy the company

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August 7, 2012News for the retail industry

  Top Story 
 
  • Kohl's stays the course with 10 planned store openings
    Kohl's plans to open 10 new stores this fall, including three in Connecticut. While staying true to its department store roots, Kohl's has added celebrity brand names, online kiosks and electronic signs displaying prices and discounts that have helped keep the retailer's profits on the rise. "Kohl's has been very deliberate in its growth strategy, and we are careful to select locations that are adjacent to or near cities and towns we are familiar with through current store locations," said district manager Michael Rusciano. The Hartford Courant (Conn.) (8/6) LinkedInFacebookTwitterEmail this Story
The Secrets of Apple's Retail Success
Apple Stores have shattered traditional metrics and changed the face of the retail industry forever. Go behind the scenes of Apple Stores and learn techniques Apple uses to delight their customers. Download this free eBook here. Brought to you by TimeTrade — the leader in online appointment scheduling for retail.
  Industry Watch 
 
  • Best Buy founder makes a bid to buy the company
    Best Buy founder and former chairman Richard Schulze made an unsolicited $10 billion bid Monday to buy the consumer electronics retailer he started 46 years ago. Schulze, still the largest shareholder with 20% of the company, will need board approval before putting together an investment group and submitting a formal bid, the board said. The Wall Street Journal (8/6) LinkedInFacebookTwitterEmail this Story
  • Will back-to-school give Penney's a boost?
    J.C. Penney's revamped stores, new pricing structure and iPad-toting employees give the department stores an updated look and feel, and enhance consumers' shopping experience. The chain hopes these changes will boost sales during the all-important back-to-school season. About 60% of families with children are expected to shop in department stores this season, according to NRF data. San Diego Union-Tribune (8/6) LinkedInFacebookTwitterEmail this Story
  • Saks teams beauty editors with brands for charity
    Saks will hold its inaugural Beauty Editors Day at its New York City flagship next week, pairing 32 beauty editors with an equal number of brands to raise funds for the Look Good Feel Better organization. Customers will get one-on-one consultations with women's magazines beauty editors and beauty brands in exchange for a $30 donation to the charity, which helps cancer patients cope with treatment side effects that affect their appearance. Luxury Daily (8/6) LinkedInFacebookTwitterEmail this Story
  • Other News
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  Retail Trends 
 
  • Retailers aim to recharge customer service efforts
    Online retail is growing and putting more pressure on brick-and-mortar retailers, many of which are boosting efforts to improve customer service. Using scripted approaches to customer service, creating more flexible return policies and giving sales associates more training, retailers hope to gain loyalty from in-store consumers. "Service is even more important than it's ever been. If I'm going to spend the time and effort of going to a store, the service had better be good," said Saks CEO Stephen I. Sadove. Women's Wear Daily (subscription required) (8/6) LinkedInFacebookTwitterEmail this Story
  • Other News
10 Principles for Building an Effective Human Capital Plan
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  Retail Technology 
  • Study: Online campaigns boost real-world retail activity
    Google AdWords campaigns have a dramatic effect on consumers' real-world shopping behavior, according to a RapidBlue analysis, boosting both stores' total foot-traffic and consumers time in-store by double-digit figures. That suggests that focusing on click-thru rates and other online-only metrics might be missing out on a substantial portion of digital campaigns' actual ROI, writes Dan Mitchell. CNNMoney/Fortune (8/6) LinkedInFacebookTwitterEmail this Story
  Main Street 
 
  • Harmons holds 80th birthday bash
    Harmons Grocery Stores, which has grown from a fruit stand to a 16-store chain in Utah, is marking 80 years since it was founded with free pie, ice cream and other giveaways. The company has grown and changed over the years, shifting about 10 years ago to a focus on local and freshly prepared food. The Salt Lake Tribune (Utah) (8/4) LinkedInFacebookTwitterEmail this Story
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  NRF News 
  • Retailers and cross-channel consistency: A global report
    Retailers meeting today's cross-channel demands for seamless functionality is no small task -- especially when magnified to markets across the world. In a post on the Shop.org blog, Okamura Consulting's Jim Okamura shares the background of their recently released report, which tallied how 144 multichannel retailers were delivering in 17 markets across the world, and puts in perspective the tactics that are positioning retailers as cross-channel champions. Read more. Shop.org Blog (7/16) LinkedInFacebookTwitterEmail this Story
 
  • How social media has revolutionized back-to-school shopping
    With the average family spending more than $1,100 per college student, according to NRF, many brands are designing marketing programs to engage students from their first moment on campus with the hopes of turning them into brand advocates and, ultimately, loyal lifelong customers. According to a white paper by Mr. Youth, while many in the industry identify August and September as the center of the back-to-school bullseye, it's the end of a six-month journey that brands, for the most part, are completely missing. Read more. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
  • What can big hospitals learn from the Cheesecake Factory?
    Cheesecake Factory restaurants serve more than 80 million customers each year, with substantial portions of made-fresh foods at affordable prices -- can the chain and others like it teach big hospitals a thing or two? Surgeon and writer Atul Gawande explores the question in this piece that goes behind the scenes at Cheesecake Factory to uncover the chain's secrets to success. The New Yorker (subscription required) (8/13) LinkedInFacebookTwitterEmail this Story
  Editor's Note 
  • Have you figured out Google+ yet?
    NRF SmartBrief is proud to share an exclusive chapter from best-selling author Guy Kawasaki's new book, "What the Plus! Google+ for the rest of us." In return for updating your SmartBrief profile, we will give you Chapter 6 of Kawasaki's book on Google+ -- "How To Share Posts" -- absolutely free. Learn more here. LinkedInFacebookTwitterEmail this Story
 
Position TitleCompany NameLocation
Director of Human ResourcesThe Buckle, Inc.Kearney, NE
Divisional Merchandising Manager, Men'sStein MartJacksonville, FL
Director of Planning Hot Topic, IncCity of Industry, CA
Associate BuyerFloor and Decor Smyrna, GA
Merchandise Planner DirectSouth Moon UnderBerlin, MD
Talent Acquisition Manager - Corporate & Supply ChainBurlington Coat FactoryBurlington, NJ
Oracle Database AdministratorSaks Fifth AvenueJackson, MS
Product Safety & Quality Control SpecialistBurlington Coat FactoryBurlington, NJ
Assistant General Manager of MerchandisingSaks Fifth AvenueSan Antonio, TX
Director - Financial Planning & Analysis (Real Estate)Burlington Coat FactoryBurlington, NJ
VP Customer StrategyBurlington Coat FactoryBurlington, NJ
Retail Buyer - HomeTargetMinneapolis , MN
Specialty Shop PlannerREIKent, WA
Marketing ManagerSleep ExpertsDallas, TX
Category ManagerSaks Fifth AvenueNew York, NY
BuyerPayless ShoeSourceTopeka, KS
Planner – Merchandise DistributionPayless ShoeSourceTopeka, KS
Inventory AnalystREIKent, WA
Director of Visual MerchandiseSpirit HalloweenEgg Harbor Township, NJ
Fashion BuyerTargetMinneapolis, MN
Merchandise Planner (various categories)Kohl's Department StoresMenomonee Falls, WI
Target.com Merchandising BuyerTargetMinneapolis, MN
Vice President - TaxBurlington Coat FactoryBurlington, NJ
Director of CompensationBurlington Coat FactoryBurlington, NJ
Click here to view more job listings.

  SmartQuote 
He who fears he shall suffer, already suffers what he fears."
--Michel de Montaigne
French philosopher and statesman


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