November 19, 2010 | News for the retail industry |  |  | | - CEO: Saks aimed to meet recession's challenge
Saks used the recession as an opportunity to challenge everything about its operations, resulting in cost cuts and merchandising changes that strengthened the luxury retailer and prepared it for the economic recovery, CEO Steve Sadove said. Luxury shoppers are spending a bit more optimistically than they were a year ago, but they're still cautious, he said. "The high-end consumer is very much tied to how they feel about their net worth, and that means how is the stock market doing. So there is a very high correlation between the markets and our consumer." TheStreet.com (11/18)         - Betsey Johnson CEO aims to bring back "lost" customers
New Betsey Johnson CEO Susan Falk detailed plans this week to boost sales with a redesigned line aimed at former fans who feel alienated by fashions that feel too young. The company also launched a revamped website this week as part of a push to increase online sales and expects to open more than 35 new brick-and-mortar boutiques in the near future. The Wall Street Journal (11/18)          | 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. | - Merchants go social to win Black Friday shoppers
Retailers plan to use all the online tools at their disposal this year to promote their Black Friday bargains, with more than half planning to send advance e-mails and more than 20% expecting to tweet their deals, according to a recent Shop.org survey. "The rules for Black Friday have changed significantly," said NRF CEO Matthew Shay. CNET (11/18)         - Canada proves profitable for U.S. retailers
Canada has become a hot market for U.S. merchants looking to expand their stores into international markets, Reuters reports. Chains from Victoria's Secret to Home Depot have found a warm reception from Canadian consumers, whose economy emerged from the recession stronger than that of the U.S. Reuters (11/18)          | Adobe Mobile Experience Survey: What Users Want from Media, Finance, Travel & Shopping. With more than 4.5 billion cell phone subscribers worldwide, it's no wonder businesses are betting big on mobile. Get a first-of-its-kind, bird's eye view of what consumers are doing on their mobile devices and what most engages them across 4 key industries. Download the whitepaper. |  | Increase Profitability and Productivity in 2011 Download this free Aberdeen report to learn how Enterprise Resource Planning (ERP) can help improve operational performance, and differentiation. As capital and credit become readily available again, use ERP to gain the competitive advantage. | NRF News |  |  | | - NRF SmartStat: Nov. 19, 2010
60 million Americans say they will definitely shop on Black Friday weekend while another 78 million are waiting to see if the bargains are worth braving the cold and the crowds. Source: NRF survey conducted by BIGresearch         - Giorgio Armani and the future of luxury retail
As global luxury spending begins to stabilize, what can retailers expect from their customers? And, how do they attract new ones? At Retail's BIG Show, Jan. 9 to 12 in New York, Alessandro Valenti, Executive Vice President Retail for Giorgio Armani Corp., will examine the trends and shifts shaping luxury spending as well as review online behavior and identify growth opportunities for retailers in the luxury sector. Learn more.         - At Panda, management meetings resemble encounter groups
Andrew Cherng injects heaping helpings of self-help principles into his management style, and his devotion to the works of Stephen Covey and Deepak Chopra seem to be paying off. The founder of fast-casual Asian chain Panda Express restaurants routinely challenges his managers to reach for their personal and professional bests, a strategy he credits with helping the chain realize healthy sales growth during a down economy. Bloomberg Businessweek (11/18)          | Durable Data Security: Tokenization vs E2EE. How can you stop chasing the moving target of PCI compliance and secure your cardholder data once and for all? This new 14-page White Paper from Retail TouchPoints compares the pros and cons of today's two leading approaches, to help you decide which one will work best in your retail organization. Download your copy now! |  |  |  | | | | |  | Senior Executive Assistant | Chico's FAS Inc., | Fort Myers, FL | Product Marketing Manager | RPI | Seattle, WA | Manager, Web Merchandising Intelligence | Kohl's Corporate Offices | Menomonee Falls, WI | Buyer | Art Van Furniture | Warren, MI | Merchandise Planner | Kohl's Corporate Offices | Milwaukee, WI | Director of E-Commerce | The Wet Seal, INC | Foothill Ranch, CA | VP of Marketing | Teavana | Atlanta - Buckhead, GA | Project Manager 2 | PetSmart | Phoenix, AZ | Director of Display Advertising - ProFlowers, RedEnvelope and Shari's Berries | RedEnvelope / ProFlowers | San Diego, CA | Director of Field Construction | Rent-A-Center | Plano, TX | Manager, Home Office Human Resources (Recruitment & Employee Relations) | Follett Higher Education Group | Oak Brook, IL | Senior Planner - Toys | Walmart | Bentonville, AR | Director Supply Chain Systems and Business Alignment | PetSmart | Phoenix, AZ | Systems Analyst-Labor Applications | PetSmart | Phoenix, AZ | Senior Product Development Analyst | The TJX Companies, Inc. | Framingham, MA | Associate Merchandise Manager, RedEnvelope | RedEnvelope | San Diego, CA | Director, Strategic Communications and Campaign | Universal Technical Institute Inc. | Phoenix, AZ | Retail Marketing Director | OfficeMax, Inc | Naperville, IL | Senior Ecommerce Manager | Expedia | Seattle, WA | Director of Marketing and Licensing | Spencer Gifts | Egg Harbor Township, NJ | Assistant Category Manager - Reader's Market | Sears | Hoffman Estates, IL | Business Process Analyst | QVC | West Chester, PA | | |  | |  |  | SmartQuote |  |  | |  | A house that does not have one warm, comfy chair in it is soulless." --May Sarton, American poet and novelist   | | | This SmartBrief was created for cpgbrokers.data@blogger.com | | | | | | Recent NRF SmartBrief Issues: - Thursday, November 18, 2010
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