May 25, 2011 | News for the retail industry |  |  | | - NRF builds momentum with 60-day swipe-fee campaign
NRF's push to ensure that lawmakers don't pass a bill to delay swipe-fee reform has spread to radio stations in 10 states, including Montana, the home state of the bill's sponsor, Sen. Jon Tester. "You want to peak at tournament time if you want to win the championship. You don't want to peak early. That's why [the campaign is happening] now," said NRF President and CEO Matthew Shay. Politico (Washington, D.C.) (5/25)          | Utilize the Zurich Enterprise Risk Management Healthcheck assessment tool to get a better understanding of your current ERM strategy with recommendations for improvement. Sign up for FREE access today! |
- Wal-Mart worker reports from the eye of the storm: Wal-Mart worker Breann Ferguson was on a break when her manager announced the "code black" that meant dangerous weather was on the way. People flocked to the back of the store, where good spirits quickly turned to dread as the tornado hit. "It sounded like someone was taking a sledgehammer and swinging it around and around, and hitting everything in sight." The Wall Street Journal (tiered subscription model) (5/24)
         - Forever 21 bucks the "small is better" trend with super-size stores
Fast-fashion retailer Forever 21 has been building ever-larger stores since it started snapping up former Mervyns locations several years ago, and it's continuing to super-size its stores even as other chains look to shrink their brick-and-mortar footprints. Last month, the chain opened its biggest store, a 150,000-square-foot Fresno, Calif., unit that sits in a former Gottschalk's department store. Los Angeles Times (5/25)         - Nordstrom scouts locations for Canadian expansion
Nordstrom is looking north to make its first foray into international brick-and-mortar retail, and it has begun looking for locations in Canada that would suit one of the company's full-line department stores. The Seattle-based company already attracts Canadians who shop while visiting the U.S., and consumers to the north make up the largest share of Nordstrom's global online customers. Nasdaq.com/Dow Jones Newswires (5/24)         - Harry Winston plans to grow global store base to 50
Luxury jeweler and watchmaker Harry Winston announced aggressive global growth plans aimed at expanding its store base from 19 to 50 during the next five years. The plan includes growing in potentially lucrative markets including China, where it expects to open 10 stores, said CEO Frederic de Narp. Reuters (5/24)          | Are you keeping up with the changing world of employee health care? Get The Basics of Employee Health Care for Small Business: A Guide to Creating a Company Benefit Plan, and find out what you need to know today. There's no obligation. Click to download a FREE whitepaper. |
- Consumers to spend less on graduation gifts, survey says
The recession has apparently taken a toll on graduation gift-giving, according to an annual NRF survey, and the economic boost from graduation spending has fallen to $3.87 billion from $4.5 billion in 2007. Only about 30% of consumers plan to give presents to graduating high school seniors this year and, while they'll spend about the same per student, they're cutting back on the number of graduates on their lists, said NRF's Kathy Grannis. The Palm Beach Post (Fla.) (5/24)         - Tough visa rules hurt sales at U.S. luxury chains, Saks CEO says
Visa rules that make it harder for wealthy foreign tourists to visit the U.S. create a disadvantage for luxury chains here, Saks CEO Steve Sadove said Tuesday. Global tourists account for between 5% and 10% of Saks sales, but the number would be much higher if it were easier for tourists to visit, said Sadove, who has joined efforts by NRF to lobby the White House and State Department in an effort to loosen the rules. Reuters (5/24)          | Turning Online Shopper Uncertainty into a New Source of Sales and Profits. Eliminating consumer uncertainty is a challenge for all online merchants. The question is, how can you address shoppers' concerns and increase sales and profits in the process? Download the buySAFE white paper to learn more NOW! |
NRF News |  |  | | - Fight swipe fees in under 60 seconds
American retailers pay the highest swipe fees in the world. And some in Congress want to keep it that way. You can help fight for swipe fee reform by visiting NRF's take-action center and show your support in less than 60 seconds. Join the fight by sending an e-mail or tweeting your senator, or by "liking" our 60-day campaign to preserve swipe fee reform on Facebook. Learn more.         - Retailers, visit the NRF Loss Prevention EXPO hall for free
Featuring more than 200 solution providers spread over 32,000 square feet of exhibit hall space, the NRF Loss Prevention Conference exhibit floor delivers solutions that define the next generation of asset protection, shrink and fraud reduction, and risk management. The 2011 Loss Prevention Conference & EXPO will be held June 13 to 15 at the Gaylord Texan Resort & Conference Center in Dallas. Retailers, register for your EXPO hall pass and walk the floor for free. Learn more.         Chain Restaurant News |  |  | | - Canada's Edo Japan hits 100 units, builds dinner business
Fast-casual chain Edo Japan recently opened its 100th eatery in Canada and hit $60 million in annual sales. The chain began as a mall-based concept but grew beyond food courts to free-standing stores after customers said they would eat there more often if there were more convenient locations. Mall stores drew lunch crowds, but the new locations also created a larger audience for dinner, said CEO Tom Donaldson. Financial Post (Canada) (5/24)          | |  | | | |  | Divisional Merchandise Manager, Consumables | Headquarters Marine Corps, MCCS | Quantico, VA | Senior Vice President, Communities & Networks and Executive Director | Shop.org | Washington, DC | Web Project Manager | The Wet Seal, INC | Foothill Ranch, CA | Director of Real Estate | Teavana | Atlanta, GA | Director of Retail | Wisteria | Dallas, TX | Planogram Specialist | AAFES | Dallas, TX | Fashion Buyer | Target | Minneapolis, MN | Retail Planogram Specialist | Headquarters Marine Corps, MCCS | Quantico, VA | Entry Level Culinary Full Time | Wegmans Food Markets | Bridgewater , NJ | Entry Level Culinary Part Time | Wegmans Food Markets | Ocean , NJ | Cook III Full-Time Customer Service | Wegmans Food Markets | Bridgewater, NJ | Director of Talent Acquisition | rue21 | Warrendale, PA | Retail Marketing Manager | L.L.BEAN | Freeport, ME | DVP Real Estate | Spirit Halloween | Egg Harbor Township, NJ | Planner | Spencer Gifts | Egg Harbor Township, NJ | Purchasing Buyer, National Accounts | Bed Bath & Beyond | Union, NJ | Senior Merchandise Planning Administrator | Headquarters Marine Corps, MCCS | Quantico, VA | | |  | |  | SmartQuote |  |  | |  | He who is sorrowful can force himself to smile, but he who is glad cannot weep." --Selma Lagerlöf, Swedish author          | | | This SmartBrief was created for cpgbrokers.data@blogger.com | | | | | | Recent NRF SmartBrief Issues: - Tuesday, May 24, 2011
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| | | Lead Editor: Megan Conniff Contributing Editor: Faye Rapoport Mailing Address: SmartBrief, Inc.®, 1100 H ST NW, Suite 1000, Washington, DC 20005 | | | | © 1999-2011 SmartBrief, Inc.® Legal Information | |
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