  | January 12, 2011 | News for the retail industry |  |  | |
- Disney to build on success of new store format
Disney will open at least 25 new and remodeled stores this year, building on the success of a new, entertainment-driven prototype launched in 19 major markets last year, the company said. Plans call for new stores in upscale malls in North America and Europe, where the Disney brand is already known and loved, said Disney Stores Worldwide President Jim Fielding. Reuters (1/11)       - Kmart tests financial services in 4 markets
Kmart stores in Illinois, Los Angeles, Puerto Rico and Wisconsin are testing financial services centers where shoppers can cash checks, transfer money and perform other basic finance tasks. Larger retail rival Wal-Mart has had success with its financial services and is expanding them to more stores. Chicago Tribune (1/11) - TJX gets aggressive to battle organized retail crime
 The parent of Marshall's and T.J. Maxx is aggressively going after organized retail crime cells that cost the industry billions of dollars a year. The company uses in-house investigators to track suspects and conduct reverse stings, TJX's national investigations director Eliot J. Green told attendees at NRF's BIG Show. "You don't want to just catch one cell. ... You have to work your way up the organization to take out the head of the snake." The Boston Globe (1/12) - Sears to debut Kardashian Kollection this summer
Sisters Kim, Khloe and Kourtney Kardashian signed an exclusive deal with Sears to sell their designs at in-store shops in 400 U.S. Sears stores. The Kardashian Kollection shops will includee apparel, jewelry and handbags aimed at 17-to-35-year-olds. Women's Wear Daily (subscription required) (1/12)  | Unsure how to respond on Facebook?
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 - Internet, mobile strategies lead the shift in retail sector
A panel of retail and social media executives at the annual Financo Forum agreed that mobile shopping is in the forefront this year. Rue La La CEO Ben Fischman said, "If only now you are starting to think about creating a mobile app, you are incredibly late." Despite advances in technological devices, a brick-and-mortar store "is the brand," yet the group agreed that commodity-driven retailers may not survive. TheStreet.com (1/11) - Clothing companies consider options as cotton prices climb
Growing global demand and weather-related shortages have pushed cotton prices to record highs, leaving merchants to wonder whether to risk sales by raising apparel prices or live with shrinking margins. Some are finding additional alternatives, including locking in lower prices for several years and shifting production to less expensive materials. Inc.com (1/11)  | 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 50% off pricing! |
 | NRF 100th Annual Convention & Expo |  |  | | |  | - Gadgets drive retail industry change
Tech tools and trends are driving much of the change in retail this year, from merchants such as Macy's expanding their use of RFID tracking technology to more stores adding Wi-Fi for smartphone-using customers, said speakers and vendors at NRF's BIG Show. "In 10 years, the entire world will be mobile 24 hours a day with a device that's getting smaller and more powerful. We have to get our hands around this because the consumer demands a two-way dialogue," said Macy's marketing chief Peter Sachese. St. Petersburg Times (Fla.) (1/12) - Little guys compare notes at NRF's BIG Show
Small retailers shared some of their hard-won wisdom on changing customer trends at this week's BIG Show. The rise of social networking has been a challenge for many, including Amanda Kinsella, marketing director for air-conditioning and heating company Logan Services. Kinsella hired a college intern and took classes to get up to speed on the best uses of the new marketing channel, and sales have soared since, she said. The Oregonian (Portland) (1/11) - How Saks solved its inventory glitches
 High out-of-stock rates and inventory forecasting errors spurred Saks to invest in a demand chain management solution. Executivess Molly Shaw and Phil Sleboda explained the system at NRF's BIG Show, and said the implementation changed how people work, and improved inventory management and gross margins. NRF Blog (1/11)  | New 2010 Enterprise VoIP Buyer's Guide
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| NRF News | | | | - NRF names David French chief lobbyist
NRF announced Tuesday the appointment of David French as senior vice president for government relations. French will lead NRF's lobbying to ensure that the industry's advocacy footprint matches its broad economic footprint. As part of NRF's new strategic plan, the organization will add resources to support its outreach on Capitol Hill. Read more. - Why the Web has won
In the past decade there have been two winners in the retail space -- warehouse clubs and Web-based stores, according to Patti Freeman Evans, research director at Forrester Research. Why has the Web superseded other channels? Evans shares three reasons for the success of the Web, as well as what changes retailers need to make to compete. Read more. - Precision retailing: revolutionizing cross-sale opportunities
Scott Flathers, vice president of solution engineering for SAP, says the best definition of precision retailing is "influencing a customer's buying decision while they're walking down the aisle of a grocery store." Flather's took BIG Show attendees through retailing giant Groupe Casino's new mobile app, which is revolutionizing up-sale and cross-sale opportunities directed at the customer at the point of purchase. Read more.
| Chain Restaurant News | | | | - Chipotle adds soup to the menu in Chicago
Chipotle added posole to the menu at its Chicago locations, the only other market besides the company's hometown of Denver to do so. The chain, known for keeping its menu simple and rarely introducing new items, added the vegan soup in response to online requests from patrons, said founder and co-CEO Steve Ells. Crain's Chicago Business (1/11) - McDonald's debuts heftier burgers in Japan
McDonald's, which has added more-healthful and lower-calorie options to its U.S. menu, has gone in the opposite direction in Japan, where consumers are known for healthful diets and trim figures. Recently, the chain rolled out four big burgers named for U.S. locations as part of its Big America 2 campaign, including the Idaho -- a 713-calorie quarter-pound burger slathered with cheese, hash browns and bacon. The Wall Street Journal (1/12) | Career Track | | | |  | |  | | | | |  |  Senior Buyer for Wine | Total Wine & More | Potomac, MD | | Director of eCommerce | South Moon Under | Berlin, MD | | Loss Prevention Manager-PowerMax Warehouse-McCalla, Ala | OfficeMax | McCalla, AL | | Vice President of Supply Chain & Replenishment | Total Wine & More | Potomac, MD | | Planogram Specialist | Exchange (Army Air Force Exchange Serivce) | Dallas, TX | | 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 | | Divisional Merchandising Manager - Men's Sportswear | Stein Mart | Jacksonville, Florida, FL | | Divisional Merchandising Manager - Home Decor & Gifts | Stein Mart | Jacksonville, FL | | Senior Project Manager | PetSmart | Phoenix, AZ | | Senior Merchandise Planner/Distributor | Navy Exchange Service Command | Virginia Beach, VA | | Divisional Merchandise Manager | Navy Exchange Service Command | Virginia Beach, VA | | Chief Merchant/General Merchandise Manager | Moosejaw Mountaineering | Madison Heights, MI | | Traffic Management Specialist | Navy Exchange Service Command | Virginia Beach, VA | | Merchandise Planner | Navy Exchange Service Command (NEXCOM) | Virginia Beach, VA | | Merchandise Planner | Navy Exchange Service Command (NEXCOM) | Virginia Beach, VA | | Associate Buyer - International & Offshore Markets (Bilingual Spanish required) | OfficeMax | Naperville, IL | | Vice President of Strategic Planning | Rent-A-Center | Plano, TX | | | |  | |  |
| SmartQuote | | | |  | If there's anything I've learned from my years in the tech world, it's that companies don't get killed by competition. They usually find creative ways to commit suicide."
--Sridhar Vembu,
CEO of Zoho  |
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