 | September 15, 2010 | News for the retail industry |  |  | | - Louis Vuitton cuts hours to conserve for Christmas
Luxury retailer Louis Vuitton has begun closing its Paris shops an hour earlier than usual, as part of an effort to conserve inventory for the upcoming holiday season, Reuters reports. The company's luxury bags prove popular with international tourists. Reuters (9/14)       - Sears signs French Connection for exclusive fashion line
Sears plans to launch UK Style by French Connection, an exclusive line of apparel and accessories, as part of its revamped focus on fashion aimed at attracting younger shoppers, Women's Wear Daily reports. The line is slated to launch this spring at 200 remodeled Sears stores; eventually, the companies expect to expand to about 500 stores and build the line to include swimwear, sunglasses and home decor products. Women's Wear Daily (subscription required) (9/15) - Kohl's plans to debut new line
Kohl's expects to launch a new line next year, after seeing success with earlier efforts including Simply Vera by Vera Wang. Earlier this year the company announced a partnership with footwear retailer Aldo to create an exclusive shoe line that's set to hit stores in 2011 as well. TheStreet.com (9/14) - Lowe's sets its sights on smaller DIY projects
Lowe's has revamped its strategy in the wake of an uncertain economy that has consumers staying in their homes longer and focusing on smaller projects such as painting and re-carpeting, the home-improvement chain said. The retailer also plans a nationwide expansion of its efforts to help customers save on power bills with products that measure, reduce and generate energy. MediaPost Communications/Marketing Daily (9/15)  | At Walmart.com, Global eCommerce & VUDU, your reach and impact is well beyond the walls of our stores. With over 1,000,000 products online, we harness the versatility and convenience of the Internet to save people money so they can live better. Are you an experienced Software Architect or Engineer interested in eCommerce? Join Walmart eCommerce today! | - September retail sales are likely to tell more of the story
Back-to-school sales and tax-free holidays helped boost August's retail sales, which means merchants and industry watchers must wait for September sales to get a truer picture of whether the economy is rebounding, some economists told CNBC. A small September increase similar to the 0.4% in August would be a good sign -- but not a great one. "That's strong enough to prevent a second recession, but not anywhere near fast enough to prompt a rapid rebound in GDP growth," one analyst said. CNBC (9/14) - Bargain-hunting buyers boost sales tax collections
Florida's sales tax coffers are slowly starting to fill again as cost-conscious buyers seek more bargains, The Tampa Tribune reports. Consumers' craving for deeper discounts has proved a boon to some retailers, including Furniture and Mattress Clearance Centers, which buy and resell closeout home furnishings from Macy's and other department stores. The Tampa Tribune (Fla.) (9/14)  | 2010 has been a transition year for retail. Moving forward, will you survive — or thrive? Right now, your competitors are planning strategies to take full advantage of post-recession trends. Learn what they're doing and how you can get ahead — in service, marketing, POS, mobility and channel integration — with Boston Retail Partner's 11th Annual POS Benchmarking Survey. Get your copy now! | - Stores to stock more portable gadgets this holiday season
Retailers are shifting their approach to consumer electronics merchandising this holiday season as shoppers slow spending on TVs in favor of e-readers, smartphones and other mobile devices, The Wall Street Journal reports. Best Buy plans to showcase iPads and Kindles and transform sections at the centers of its stores into hands-on demonstration areas for video game accessories. The Wall Street Journal (9/14)  | Mobile technology can provide a platform for interactive real time workforce management. Equipped with mobile devices, managers and employees can communicate seamlessly to exchange information, staff shifts and ultimately improve the customer shopping experience. Download this complimentary article to get insight on the impact of mobile technology on workforce management. |
| NRF News |  | | | - Retail CMO shares marketing tips for small businesses
Allan Dick, CMO of Vintage Tub & Bath, began his marketing career selling liquidated items on eBay and quickly learned how to compete in the retail world. In a recent Q-and-A, Dick shares niche marketing tips for small businesses, what he'd do with an extra $500,000 in his budget, and how to sell online retail to offline manufacturers. Read more.
| Chain Restaurant News | | | | - The science of soft-serve on display at DQ factory
Dairy Queen's chief branding officer closely guarded the quickservice chain's proprietary soft-serve ice cream recipe on a recent tour of the Edina, Minn., factory where workers toil daily to perfect sweet treats and new menu items. After workers in the lab are done testing, at least 100,000 customers and employees taste new creations before they show up on the chain's menu. ABC News (9/14)  | |  | | The Buzz(CORPORATE ANNOUNCEMENTS)
Retail clothing store opportunities are leaking out of ZIP Code 92704. Do you know what's happening in your market? Get a free ESRI Retail MarketPlace Profile report from Business Analyst Online to understand supply and demand, and review the number of businesses by industry sector such as clothing, shoes, furniture, electronics, and more.
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