July 11, 2011 | News for the retail industry |  |  | | - Victoria's Secret builds global brand awareness
Limited Brands has been slow to launch overseas expansion of its Victoria's Secret and Bath & Body Works chains, but the brands are enjoying increased awareness in international markets just the same. China's online auction site Taobao lists about 14,000 Victoria's Secret items for sale, despite the fact that the chain likely won't have brick-and-mortar stores there for several more years. The Wall Street Journal (tiered subscription model) (7/11) - Toys R Us reportedly aims for 2012 IPO
Toys R Us is continuing plans to go public but likely won't hold its initial public offering until next year, sources say. The retailer is positioned to launch its IPO whenever it chooses, but concerns about the financial markets amid ongoing turmoil in Greece and a possible financial crisis in Portugal mean a likely delay. Reuters (7/8) - Target stores in Canada will sell perishable food
Target stores opening in Canada will sell fresh food, as those in the U.S. recently began doing, said Tony Fisher, president of Target Canada. "The breadth of our food assortment will vary by market," he said, but the company does not plan to add SuperTarget stores, which have full supermarkets, when it opens as many as 150 stores in Canada in 2013. The Globe and Mail (Toronto) (7/10)  | Could your CRM deliver better ROI? Today's CRM systems can dramatically improve your bottom line through better customer marketing, engagement and retention — but only if your program is properly designed. Learn how one specialty retailer increased campaign results 300% through creative segmentation — as one of five proven strategies for CRM success. Download your copy now! |
- Coupon kings and queens run into roadblock
Retailers including Target, Rite Aid, Publix Super Markets and Walgreen are setting rules to limit "extreme couponing," which can clear shelves, tie up checkout lines and disturb supply-chain formulas. Walgreen, for example, said management can limit the number of items purchased. However, chains are being careful because they don't want to lose business. Advertising Age (tiered subscription model) (7/11)  | Get Seen During the Busy Holiday Season Learn how Magellan boosted prominence and position within search results on leading retail sites during the critical holiday season. Download this free case study and see how you can secure premium digital shelf space and increase clicks and sales at the point of purchase. |
- More merchants go paperless with e-mail receipts
Retailers including Nordstrom, Gap and Finish Line are offering shoppers the option of having their receipts e-mailed to them rather than handing them a paper receipt at the register. Proponents say the move offers shoppers a convenient option and saves paper, while skeptics say it's a clever way to gain access to shoppers' e-mail addresses for marketing purposes. The Indianapolis Star (7/6)  | Comprehensive Business Solutions: Optimize Operations and Cut Costs Prepare for the new economy by cutting costs, increasing efficiency, and building lasting relationships with your customers. Read this solution brief to learn how to optimize your operations for profitable growth, and gain competitive insights through better business intelligence. |
 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.
Policy & Government Affairs |  |  | | - Connecticut first to mandate paid sick leave for hourly workers
Connecticut has approved a bill that requires employers including restaurants and other service businesses to grant paid sick leave to hourly workers, in a move that is being closely watched by other states and cities considering similar legislation. Supporters say the law will reduce public health risks by keeping sick workers at home, while opponents say it will prove costly to companies and puts the state at a disadvantage in attracting new businesses. Reuters (7/10) NRF News |  |  | | - Pier 1 Imports CIO to headline NRFtech 2011
Registration is open for NRFtech 2011, the premier technology leadership event of the year. This year's event will feature Andrew Laudato, senior vice president and chief information officer of Pier 1 Imports, as the official emcee. During the conference, Aug. 14-16 at the Hyatt Regency Resort and Casino in Lake Tahoe, Nev., Laudato will share his insights on how to create productive technology systems that support innovative retail concepts. Learn more. - NRF SmartStat: July 11, 2011
The number of retailers who say they believe law enforcement understands the complexity and severity of organized retail crime grew to 39.5% from 37.7% last year. Source: NRF 2011 Organized Retail Crime Survey. - Retail's next 10 years: "Turbulent, uncertain and complex"
In the midst of changing consumer preferences and demographics, retailers need to make investment decisions now to help them serve future markets. As consumer values and behaviors continue to evolve, a new peer-reviewed white paper in NRF's Retail Reference Center predicts how shoppers' attitudes and patterns of consumption will change over the next decade. Read more. Chain Restaurant News |  |  | |  | |  | | | |  | Merchant Opportunities | Kohl's | Milwaukee, WI | Retail Management | Jerry's Home Improvement Center | Eugene/Springfield, OR | New Account Sales Representative | One Step Retail Solutions | Nationwide, United States | Store Manager - Bealls | Bealls | Orlando, FL | Senior Manager, Training & Development | Total Wine & More | Potomac, MD | Merchandise Planner Analyst | Headquarters Marine Corps MWR & Business Operations | Quantico, VA | Senior Merchandise Planner Administrator | Headquarters Marine Corps | Quantico, VA | Manager Replenishment & Allocations | Five Below | Philadelphia, PA | Manager IS Data Center & Windows | PetSmart | Phoenix, AZ | EH&S Manager | Vera Bradley Designs | Fort Wayne, IN | Store Infrastructure Architect | PetSmart | Phoenix, AZ | Store Manager (Deploy) | Army & Air Force Exchange Service | Dallas, TX | Fashion Buyer | Target | Minneapolis, MN | Project Manager | Limited Brands | Columbus, OH | | |  | |  | SmartQuote |  |  | |  | I'm tired of all this nonsense about beauty being only skin-deep. That's deep enough. What do you want -- an adorable pancreas?" --Jean Kerr, American author and playwright  | | | This SmartBrief was created for cpgbrokers.data@blogger.com | | | | | | Recent NRF SmartBrief Issues: - Friday, July 08, 2011
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