  | January 24, 2011 | News for the retail industry |  |  | |
- RadioShack chief to retire this year
RadioShack Chairman and CEO Julian Day will retire in May from the post he has held since 2006, and the company plans to split the roles between CFO Jim Gooch, who will take over as CEO, and presiding director Daniel Feehan, who will become chairman. The company also said Friday that it expects fourth-quarter earnings to come in below analysts estimates. The Wall Street Journal (1/24)       - Nine West signs designers to launch new collections
Nine West parent The Jones Group has signed designers Sophie Theallet and Giles Deacon to create the first two collections under a new initiative dubbed Shoelaborations. Collections will feature shoes, bags and accessories from new designers, artists and musicians, and the styles will be sold only at Nine West stores and online at its retail site and Facebook Fan Shop. Women's Wear Daily (subscription required) (1/24) - L'Oreal faces cultural challenges in cracking Brazilian market
L'Oreal, the world leader in beauty products, hasn't done well in the lucrative Brazilian market because consumers typically buy their products from door-to-door salespeople. L'Oreal hopes to bridge this sales gap by placing personal-beauty representatives in department stores. The company also is trying to develop products with more natural and local ingredients to better match local shoppers' tastes. The Wall Street Journal (1/21)  | Residents of Top Rung neighborhoods are always in style, preferring to shop at retailers such as Nordstrom and Macy's. They also shop online and are avid readers. How can you find this type of customer? Esri Business Analyst Online enables you to identify your best customers and find more like them. Check out the free Esri ZIP Code Lookup tool. | | Retail Trends |  | | | - Independent bookstores retool their strategies
Independent bookstores, whose sales compose about 10% of the overall market, are creating websites that sell printed and electronic books at prices that rival those of Amazon and Barnes & Noble. The website launches are among the latest moves in an effort to survive in a rapidly changing industry. "We have to figure out how we stay in the game," said Beth Puffer, the director of the Bank Street Bookstore in New York City. "You have to rethink your whole business model because the old ways really aren't going to cut it anymore." The New York Times (free registration) (1/23) - Fast-fashion brands break new ground in the U.S.
Apparel chains including Sweden's H&M, Spain's Zara and Japan's Uniqlo have been expanding their presences in the U.S. and winning fans to their fast-fashion retail models. The moves have spurred U.S. department and specialty merchants to step up their game, analysts say, including J.C. Penney, which introduced European fast-fashion brand MNG by Mango last fall. The line, set to roll out in 600 stores this year, introduces new looks twice a month. Investor's Business Daily (1/21) - Urban malls revitalize as more merchants head for cities
Many chain stores are pulling back from suburban development in favor of opening urban stores, a trend that's paying off for city-based shopping centers and districts that have invested in recent makeovers, said one retail real estate expert. An extensive face-lift has paid off for Westfield Culver City mall, whose 10 million visitors last year represented a 90% increase from 2009. Los Angeles Times (1/23)  | 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! |
 | Hot Topics | | | | Top five news stories selected by NRF SmartBrief readers in the past week. - Results based on number of times each story was clicked by readers.
| | | Most Popular Headlines from Last Week Results based on number of times each story was clicked by readers. |
| NRF News | | | | - NRF SmartStat: Jan. 24, 2011
 79% of retailers say they use Twitter, up from 61% in 2010. Source: Retail Horizons 2010.  | - What the future holds for social commerce
The need to increasingly measure how social media connects to commerce is going to accelerate in 2011. Are you prepared? Join executives from American Eagle Outfitters and 1-800-Flowers.com for a Shop.org webinar on Jan. 26 as they discuss social monetization trends for 2011 including social commerce, virtual goods and currency and group buying. Registration is limited to NRF and Shop.org members only. Learn more. |
| Chain Restaurant News | | | | - Firehouse Subs CEO: Growth hinges on excellence, more choices
It appears, at first glance, that the number of existing U.S. restaurants exceeds demand and leaves little room for new players, writes Firehouse Subs CEO Don Fox. The key to growth, he writes, is to give consumers a reason to dine out more often, by focusing on excellence and creating dining options they can't find anywhere else. FastCasual.com (1/21) | Career Track | | | |  | |  | | | | |  |  Asset Protection Manager | Saks Fifth Avenue | Beverly Hills, CA | | Vice President - Divisional Merchandise Manager | The Vitamin Shoppe | North Bergen, NJ | | Systems Analyst-Merchandising Applications | PetSmart | Phoenix, AZ | | Manager IS Data Center & Wintel | PetSmart | Phoenix, AZ | | Senior Program Manager | PetSmart | Phoenix, AZ | | Corporate Recruiter - Merchandising and Retail | Meijer | Grand Rapids, MI | | 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 | | 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 | | Divisional Merchandising Manager - Men's Sportswear | Stein Mart | Jacksonville, Florida, FL | | Chief Merchant/General Merchandise Manager | Moosejaw Mountaineering | Madison Heights, MI | | 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 | | | |  | |  |
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