August 16, 2011 | News for the retail industry |  |  | | - Express to open Brooklyn flagship next year
Express will open a 10,000-square-foot flagship on Fulton Street in Brooklyn, N.Y., joining other national apparel chains including H&M and Aeropostale that are in the process of opening stores in the newly fashionable downtown Brooklyn area. "On the back of $200 million in public infrastructure improvements, we've been able to attract something like $3.4 billion in new private investment for the downtown area in the last five years," said New York City Mayor Michael Bloomberg. Women's Wear Daily (subscription required) (8/15), The Wall Street Journal (tiered subscription model) (8/16)  | 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! |
 Retail trends |  |  | | - Men's luxury accessories are on the rise
Luxury department stores including Neiman Marcus and Bergdorf Goodman are renovating some stores to add space for accessories and new shoe departments, including upscale men's accessories, a category that's seeing robust growth, said Neiman Marcus specialty retail president Jim Gold. "It used to be more utilitarian. Now men are starting to think of bags from a fashion perspective. They want to make a statement with a briefcase, a cross-body bag, a travel bag, a carry-on to a plane, a duffle." Women's Wear Daily (subscription required) (8/15) - Consumer confidence feels the ripple effect when spending slows
Consumers concerned about their economic futures are saving more and spending less, even when they can afford small splurges, and the ripple effect is likely to be felt among consumers and businesses for the next few years, economists say. Retailers see some rays of hope -- despite consumers' gloomy outlook, retail sales rose in July and, merchants say, eventually people have to replace appliances and other basic items. Los Angeles Times (8/16) - Economic ups and downs bring merchandising challenges
Retailers heading into the holidays face great uncertainty when it comes to inventory levels and knowing how much merchandise to stock. In one positive sign, container traffic bringing merchandise in through the nation's ports is headed in the right direction, said NRF Vice President Jonathan Gold. Pittsburgh Post-Gazette (8/16)  | Maximize Your Business's Potential. Choose the American Express OPEN® Charge Card that's right for your established business. • Purchasing Power • Savings on business expenses • Cash flow flexibility • More rewards American Express OPEN®. Apply Now. |
 - Retail CIOs share tips on navigating business intelligence
Figuring out how to interpret a rising tide of available business intelligence can be complicated, but it's worth it, a panel of retail CIOs told attendees at NRFtech Monday. Investments in business intelligence have paid off in increased understanding of when and how your customers shop online and in stores, said Petco CIO Herman Nell. Retail's BIG Blog (8/15) - Kayak.com's Terry Jones shares tips on forging customer connections
Websites and mobile devices have transformed the travel industry, Kayak.com chairman and Travelocity founder Terry Jones said in his keynote address at NRFtech on Monday. Jones shared three tips to help retailers combine new technology with basic common sense to forge better customer connections, starting with asking what your customers want from you. Retail's BIG Blog (8/15)  | Five Ways for SMBs to Succeed Using Unified Communications Unified Communications (UC) are communications integrated to optimize business processes. This white paper provides a list of the results that small and medium businesses can achieve by utilizing UC, such as efficiency and effectiveness, reduced costs, increased revenues, and enhanced customer relationships. |
NRF News |  |  | | - Caught on tape: Surveillance shows criminal flash mob looting D.C.-area store
An associate working the night shift at a D.C.-area 7-Eleven was rendered helpless as dozens of youths rushed the store and stole merchandise around 2 a.m. on Saturday. Video of the incident shows many of the offenders smiling and laughing before walking out of the store without paying. Area police said this group "clearly had a plan" and that it seemed it was an "orchestrated event." Watch the video. - NRF SmartStat: Aug. 16, 2011
Almost 60% of shoppers say they plan to buy electronics or computer-related equipment for back to school, spending an average of $365. Source: NRF survey conducted by BIGresearch Chain Restaurant News |  |  | | - Chipotle to host first food and music festival in Chicago
Chipotle will host a daylong festival in Chicago on Oct. 1 that will bring together chefs including Michael Chiarello and Jonathan Waxman, with artisan food and winemakers and popular musical acts, the company said. Cultivate Chicago aims to spark conversation about food and sustainable-food issues. QSRMagazine.com (8/15) |  | Position Title | Company Name | Location | Sr. Pricing Analyst | Office Depot | Boca Raton, FL | Loss Prevention Exception Reporting Manager | Stein Mart | Jacksonville, Florida, FL | Applications Manager-Distribution & Transportation | PetSmart | Phoenix, AZ | Senior Project Manager | PetSmart | Phoenix, AZ | Senior Merchandise Planner | Navy Exchange Service Command | Virginia Beach, VA | Merchandise Buyer | Kohl's Department Stores | Milwaukee/Menomonee Falls, WI | Sales Associate- Part Time | Saks Fifth Avenue | Houston, TX | Houston Sales Associate Career Days!! | Saks Fifth Avenue | Houston, TX | VP Business Intelligence | Army & Air Force Exchange Service | Dallas, TX | Manager, Help Desk | Total Wine & More | Potomac, MD | Regional Visual Trainer | Victoria's Secret | Dallas/Houston, TX | Sr. Internet Buyer | Tween Brands Direct, LLC | New Albany, OH | Sales Associates, Saks Fifth Avenue Las Vegas | Saks Fifth Avenue | Las Vegas, NV | REGIONAL RECRUITING MANAGER | SAKS FIFTH AVENUE | TAMPA OR SARASOTA, FL | Director of eCommerce Technology | Moosejaw | Madison Heights, MI | Sales & Education Executive | Napoleon Perdis Cosmetics | Nationwide, United States | Fashion Buyer | Target | Minneapolis, MN | Senior Retail Marketing Advertising Manager | Cabela's | Sidney, NE | Business Services Specialist | Headquarters, Marine Corps Community Services | Quantico, VA | | Click here to view more job listings. | | SmartQuote |  |  | |  | Self-plagiarism is style." --Alfred Hitchcock, American director  | | | This SmartBrief was created for cpgbrokers.data@blogger.com | | | | | | Recent NRF SmartBrief Issues: - Monday, August 15, 2011
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