  January 25, 2011 | News for the retail industry |  |  | |  | Same DemandTec results, now serving softlines. Recently announced DemandTec Lifecycle Pricing for Softlines delivers the most advanced science available for deep intelligence on volatile merchandise, forecasting, and shopper-centricity for apparel, footwear, and other retailers selling short lifecycle merchandise. Learn more now. | - Retail chains hope space-sharing deals drive traffic
Many large department store and discount chains are leasing space to specialty retailers in the hope of luring more traffic and higher sales. Recent deals include a Forever 21 store that will take up 15% of the space at a Sears in Costa Mesa, Calif., and RadioShack's cell-phone kiosks inside Target stores. Wal-Mart has reserved space in about 400 of its U.S. stores and is in search of a retail partner, the company said. CNNMoney.com/Fortune (1/24)         - Department stores beef up investment in online retail
Department stores including Dillard's and Macy's are making a major investment as more customers migrate to shopping online. Last month, both chains announced a plan to open Internet-only fulfillment centers. Macy's added that it plans to hire hundreds of workers to support online retail growth. "If online is the fastest-growing segment, you have to be insane not to invest a disproportionate amount of your available capital to online," said retail consultant Howard Davidowitz. Arkansas Business (1/24)         - Recession set limited-selection discount grocers on growth path
Limited-selection supermarket chains including Aldi and Save-A-Lot won recession-era shoppers drawn by lower prices at stores that sell about 80% of the items offered in traditional supermarkets and focus on private-label lines. Aldi plans to add up to 100 stores this year, and Save-A-Lot expects to double in size during the next half-decade. USA TODAY (1/24)          | Blog like the big brands Sony's Sukhjit Ghag joins practitioners from Cisco, Ford, McDonalds and Proctor & Gamble to share insights into using blogs to expand your business. 23 blogging experts give you strategies for engaging your fans & growing your brand at the Blogging Success Summit. Limited time early bird pricing! |
- Food safety law includes supply transparency
The new U.S. food safety law includes a requirement that all levels of the food supply chain keep information about where their food came from and where it is going, in digital form. Already, some consumers can use mobile devices to instantly learn the sources of their food, and technology companies are introducing products that help track, manage and access the data. The Washington Post (1/24)          | Changing Dynamics of Consumerism When asked to consider their top strategic priorities retailers chose customer satisfaction and retention as the top overall corporate priority. Retailers must focus on maximizing opportunities, shaping customer demands and anticipate their needs inside the store. Learn more about shaping your store in this free e-book. |
 Main Street |  |  | | - Take another look at your tax returns -- before the IRS does
Faulty math, incomplete information and questionable tax preparers are three of the factors that can be an invitation for an IRS audit, Barbara Weltman writes. Certain forms and schedules can also raise a red flag, and some personal deductions -- such as higher-than-average charitable contributions -- may result in a closer look at your business returns. The Wall Street Journal (1/24)         - Why expanding businesses need to expand management
For a growing business, there are few decisions more important than expanding the management team beyond its founders. Experts recommend thinking carefully about the kind of leader you're looking for, and then providing that person with a well-planned transition to win employees' support. CNNMoney.com/Fortune (1/24)         NRF News |  |  | | - Super Bowl consumer spending expected to reach $10 billion
As Super Bowl Sunday approaches, the average consumer is expected to spend $59.33 on game-related merchandise, apparel and snacks, with total spending expected to reach $10.1 billion according to a new NRF survey. More good news for electronics retailers: 4.5% of consumers also say they'll purchases a new television for the event. Read more.         - NRF SmartStat: Jan. 25, 2011
Mobile commerce was identified as a top strategic initiative by 69 percent of retailers for 2011, up from 28 percent a year ago. Source: Retail Horizons 2010.         - Retail execs, economist share roadmap to global economic recovery
"The recovery is taking hold, but there is mixed evidence as to where and how quickly," said Mark Greene, CEO of FICO. Greene lead a panel discussion on this very topic with executives from Kingfisher, Retail Brand Alliance and Collective Brands and economist Mark Zandi of Moody's. The panel discussed regional areas of strength for retailers, as well as challenges and opportunities within the global economy. Read more.         Chain Restaurant News |  |  | | - McDonald's to raise prices this year on higher food costs
McDonald's plans to raise at least some prices at its restaurants around the globe this year, offsetting at least part of the higher prices for the 10 commodities that comprise about three-quarters of its food-prep costs, the company said Monday. Costs in the U.S. are rising more slowly than they are in Europe, which is a more fragmented market, the company said. Reuters (1/24)         - Papa John's passes up Super Bowl ad in favor of giveaway
Past Super Bowl advertisers including Papa John's and Denny's said they won't spring for ads this year. The pizza chain, which advertises in NFL games throughout the season, said it will instead give away large pizzas if the game goes into overtime for the first time. Denny's, which used spots in past years to promote free Grand Slam breakfasts the day after the game, said it's creating a new marketing campaign after switching ad agencies. USA TODAY (1/23)          | |  |  | The Buzz(CORPORATE ANNOUNCEMENTS) Faced with large amounts of data and customer information from across several brands, Chico's was recently in need of a better way to manage and analyze its data. SAS was able to provide a solution that meets these business challenges and helped Chico's create a targeted marketing campaign that tripled the results of previous campaigns. Learn more. Interested in learning more about advertising in NRF SmartBrief? Contact Susan W. Kim at (202) 407-7877 or skim@smartbrief.com.  |  |  | |  |  | |  | | | |  | Retail Consulting Affiliate | Management One | Multiple Locations, United States | Asset Protection Manager | Saks Fifth Avenue | Beverly Hills, CA | Vice President - Divisional Merchandise Manager | The Vitamin Shoppe | North Bergen, NJ | Vice President, Sterling | Sterling Shoes Inc. | VANCOUVER, Canada | Systems Analyst-Merchandising Applications | PetSmart | Phoenix, AZ | Manager IS Data Center & Wintel | PetSmart | Phoenix, AZ | Senior Program Manager | PetSmart | Phoenix, AZ | Operational Initiatives Manager | Ross Stores, Inc. | Pleasanton, CA | Store Operations Manager - dd's DISCOUNTS | Ross Stores, Inc. | Pleasanton, CA | Manager of New Store Openings & Operations | Ross Stores, Inc. | Pleasanton, CA | Corporate Recruiter - Merchandising and Retail | Meijer | Grand Rapids, MI | Program Analyst/Logistics | Marine Corps Exchanges/Headquarters Marine Corps | Quantico, VA | Merchandise Data Analyst | Marine Corps Exchanges/Headquarters Marine Corps | Quantico, VA | Vice President of Supply Chain & Replenishment | Total Wine & More | Potomac, MD | Chief Merchant/General Merchandise Manager | Moosejaw Mountaineering | Madison Heights, MI | Divisional Merchandising Manager - Men's Sportswear | Stein Mart | Jacksonville, Florida, FL | Divisional Merchandising Manager - Home Decor & Gifts | Stein Mart | Jacksonville, FL | Associate Buyer - International & Offshore Markets (Bilingual Spanish required) | OfficeMax | Naperville, IL | VP of Marketing | Teavana | Atlanta - Buckhead, GA | Lead Analyst, Paid Search | Target Corporation | Minneapolis, MN | Senior Manager, Site Planning | Target Corporation | Minneapolis, MN | | |  | |  | SmartQuote |  |  | |  | You read a book from beginning to end. You run a business the opposite way. You start with the end, and then you do everything you must to reach it." --Harold Geneen, American businessman   | | | This SmartBrief was created for cpgbrokers.data@blogger.com | | | | | | Recent NRF SmartBrief Issues: - Monday, January 24, 2011
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