Friday, November 12, 2010

Barnes & Noble tries on in-store toy shops

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November 12, 2010News for the retail industry
 
  Industry Watch 
 
  • BJ's Wholesale puts itself up for sale
    BJ's Wholesale Club's recent decision to auction itself off could spark a bidding war among cash-rich private equity firms looking for their next investment. The move comes months after private equity firm Leonard Green & Partners made an offer to acquire the discount warehouse chain and likely take it private. Boston Herald (11/11) LinkedInFacebookTwitterEmail this Story
  • Barnes & Noble tries on in-store toy shops
    Barnes & Noble launched 3,000-square-foot toy boutiques in five of its stores in the Northeast during the last week, as part of an effort to boost revenue in the face of declining book sales and fill shelves that used to hold books. The chain expects to roll out the concept to more of its 720 stores if it proves successful during the holiday shopping season. Portfolio.com/Reuters (11/11) , The Wall Street Journal (11/12) LinkedInFacebookTwitterEmail this Story
  • Von Maur aims to open first Atlanta-area store
    Midwestern department store chain Von Maur plans to open its first location in the Atlanta market late next year, establishing a Southern flagship in a former Belk department store space. The new store is the start of a Southern expansion strategy that eventually would include two additional Atlanta-area stores, as well as locations in Alabama, Tennessee and the Carolinas. The Atlanta Journal-Constitution (free registration) (11/11) LinkedInFacebookTwitterEmail this Story
  • Philanthropic Gap ad features Foursquare founders
    Foursquare founders Dennis Crowley and Naveen Selvadurai are part of a new Gap ad campaign with a charity angle. The pair are featured in a video ad to benefit children's charity Camp Interactive, one of several videos starring celebrities. The videos feature the charity of the star's choice, and Gap will offer a base donation on top of an additional $1 for each Facebook "Like" the videos receive. Mashable (11/11) LinkedInFacebookTwitterEmail this Story
Did you know that 89% of consumers started their holiday shopping online? Or that searches for 'coupons' peak on Saturdays? If not, you should visit our ThinkHoliday site: www.google.com/thinkholiday where you'll be privy to a wealth of exclusive information on consumer shopping behavior, hot products and the latest holiday insights from Google.
  Retail Trends 
 
  • TV shopping channels thrive in Internet age
    Rather than fading away in the face of online shopping, TV shopping channels HSN and QVC are thriving as consumers become more comfortable with buying high-end fashions and accessories without touching or trying them on first, The Wall Street Journal reports. Both stations boast more products and programming featuring high-end designers and regularly report robust sales growth. The Wall Street Journal (11/11) LinkedInFacebookTwitterEmail this Story
  • Sales rank second to brand buzz for new generation of pop-up shops
    Brands including Levi Strauss and P&G are discovering new ways to use temporary stores, called pop-ups, to build new relationships with customers. Everything was free at the shop P&G opened in Manhattan for 10 days last month, including beauty services featuring the company's products. "This whole notion of temporary retail is here to stay. It's going to be a marketing tool for retailers going forward, whether they are testing a neighborhood or marketing to the end consumer," said Christina Norsig, whose company matches pop-up tenants with real estate owners. Bloomberg Businessweek (11/11) LinkedInFacebookTwitterEmail this Story
Gain Critical Market and Retail Intelligence on POS. How are your competitors leveraging POS, and which systems do they rely on to advance in today's markets? Get fresh insights into today's POS priorities, technology and market trends, plus in-depth vendor comparisons from this new 55-page report from IHL Group. This outstanding value is yours at no cost.
  Retail Technology 
 
  • Digital tech to deck department store displays this season
    Digital displays are set to take center stage in more department store windows this year, as merchants make use of new technology to create cutting-edge merriment. The 16-window display at Saks' New York flagship will include two 3D video monitors that passers-by can watch without the aid of special glasses, Bloomingdale's will boast 100 digital screens featuring computer-generated scenes of winter, and Bergdorf Goodman is sponsoring an online contest that lets customers to design their own fantasy window displays. Bloomberg Businessweek (11/11) LinkedInFacebookTwitterEmail this Story
Are you prepared to battle fraud in 2011? Watch The True Cost of Retail Fraud Webinar: What an Exclusive Study Reveals for 2010 and learn what trends are setting the stage for retail fraud in the upcoming year, along with powerful solutions and benchmarking best practices that can be used by companies of any size.
  Featured Content 
 

  NRF News 
  • Online consumer spending for the holidays looks bright
    With a full 44% of consumers planning to make some portion of their holiday purchases online this year, the outlook for online retailers continues to get brighter. Shop.org's head of research, Fiona Swerdlow, shares six key data points on consumer intentions data sure to get e-commerce execs excited. Read more. LinkedInFacebookTwitterEmail this Story
  • NRF SmartStat: Nov. 12, 2010
    Retailers estimate that less than 4% of returns with a receipt are fraudulent, but that number skyrockets to more than 12% for returns without a receipt. Source: NRF's annual Return Fraud Survey LinkedInFacebookTwitterEmail this Story
 
  • Mentor/mentee positions available through NRF's Women in Loss Prevention Caucus
    Female loss prevention professionals: Don't miss out on this opportunity to network with others in the industry through NRF's Women in Loss Prevention Caucus Mentor program. Mentors provide guidance in the area of career development and support. All participants must currently work for a retail company in the loss prevention department with primary functions in loss prevention, asset protection and/or security. Learn more. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

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--Elizabeth Cady Stanton,
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