| January 4, 2011 | News for the retail industry |  |  | |
- Nook gave Barnes & Noble a holiday boost
Demand for Barnes & Noble's Nook e-reader spurred the chain to its first same-store sales increase in more than three years, the company said. Preliminary tallies show an increase of 9.7% in the nine weeks ended Jan. 1, compared with the comparable period a year earlier. The bookseller also reported that Dec. 23 was the largest single selling day in the company's history. The Wall Street Journal (1/3)        | 32% will buy from a competitor when faced with an out-of-stock. Be a hero. Save the sale. Sterling Always In Stock gives you access to inventory everywhere, which means the sale is saved and the safety of future business is secured. Visit hero.sterlingcommerce.com to demo our "Do the Math" calculator and you will see the value of attacking out-of-stocks. | - Expanding online sales to create new jobs at Macy's
Macy's plans to add 725 jobs in New York and San Francisco during the next two years, as it beefs up its e-commerce offerings at macys.com and bloomingdales.com. Macy's, which now employs about 161,000 people, has reported double-digit online sales growth in recent years, and its e-commerce revenue rose 29% in the first 10 months of 2010. The Wall Street Journal (1/4) - J. McLaughlin opens larger Connecticut flagship
Brooklyn-based specialty retailer J. McLaughlin opened a 5,500-square-foot flagship in Westport, Conn. The store, which is larger than the chain's other locations, is laid out in a "street of shops" concept similar to the original Henri Bendel store in New York, allowing for quick merchandising changes. "We plan to do a lot of experimentation in Westport," said President and CEO Steve Siegler. Women's Wear Daily (subscription required) (1/4)  | Today's leading technologies provide new ways to solve old problems. See Family Dollar's CIO, Joshua Jewett, discuss "Delivering Business Impact with SaaS" describing how Family Dollar used a SaaS-based inventory solution to quickly deliver significant results. Visit 4R @ NRF - Booth 436 - to learn more. | - Retailers reap rewards from big crop of new ideas
Other people's big ideas are often worth stealing or at least taking a hard look at, writes Susan Reda in the new issue of Stores Magazine. Among the top 20 big retail ideas that came to fruition last year were Wild Things' crowdsourcing strategy, which recruited 800 consumers to help choose the outdoor gear merchant's new logo, and McDonald's high-profile sponsorship of the popular FarmVille game on Facebook. STORES magazine (1/2011) - How the retail game has changed since 2007
Shoppers delivered a stronger-than-expected holiday season, but the results don't wipe away the aftereffects of a recession that may have resulted in permanent changes in how consumers buy. Holiday splurges aside, people are still feeling frugal, and many have found joy in living with less, say some cultural anthropologists. Chicago Tribune (1/4)  | INTRODUCING HP ePRINT— Print from anywhere from any mobile device.* The HP Officejet Pro 8500A Plus e-All-in-One now with $120 INSTANT REBATE. BUY NOW.
*Requires an Internet connection to the printer. Feature works with any Internet- and Email-capable device. Print times may vary. Click here for details. |
 - Self-checkout gains ground, but hurdles remain
Self-checkout machines are more common in supermarkets, pharmacies and other stores, and retailers say they save money and reduce checkout time. Some customers find the systems difficult, but others say that turning mobile phones into hand-held scanners has made spending too easy. The Boston Globe (1/4) - Sears debuts Blue Blogger Crew to promote consumer electronics
Sears recruited a team of consumer electronics bloggers to boost sales of the chain's gadgets and devices. The team, dubbed the Sears Blue Blogger Crew, will start by covering the International Consumer Electronics Show in Las Vegas this week, and will tweet and make video appearances on behalf of the retailer from CES and future industry events. Mashable (1/3)  | Olympic leadership lessons from USA Basketball
Discover the tactics that Jerry Colangelo employed to overcome USA Basketball's Olympic losing streak. Learn how Colangelo and Coach K built a team that could compete internationally & how to adapt your leadership style to gain the same type of success. Check out Sustaining the Leadership Edge for just $75. |
 | Main Street |  | | |
| NRF News | | | | - ORC: The $30 billion-a-year industry
At $30 billion a year, organized retail crime is the big business retailers need to see fail. Today on Retail's BIG Blog, NRF's Senior Asset Protection Advisor Joe LaRocca shares why retail theft of goods is also a gateway crime that often leads to other organized crime activities like health care fraud, money laundering and terrorism. Read more. - Celebrating 100 years: a look back at Retail's BIG Show
From bar codes and POS systems to mobile and social media, NRF Foundation Executive Director Kathy Mance shares memories of her 30 years attending NRF's Annual Convention. In a recent blog post, Mance writes about what's changed (and what's still the same) after three decades of Retail's BIG Show. Read more.
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- Monday, December 27, 2010
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