September 19, 2011 | News for the retail industry |  |  | | Industry Watch |  |  | | - Foreign sales to outpace U.S. revenue at Tiffany
Tiffany & Co. said it's poised to reap higher sales in faster-growing global markets than at its U.S. stores, driven in large part by wealthy consumers from China and Russia. The chain's U.S. sales dropped to about half of its total this year, from 61% four years ago, and sales in Europe are forecast to rise 20%. Bloomberg (9/16) - Bloomingdale's boosts food offerings with Magnolia Bakery
Bloomingdale's has increased its fancy food offerings at stores across the country, most recently with the addition of an 850-square-foot Magnolia Bakery location at its New York City flagship. The bakery, which opened last week, is best known for its cupcakes, but the store also offers a full selection of muffins, pies and other baked goods. Women's Wear Daily (subscription required) (9/16) - Wal-Mart's Duke sees opportunities abroad
Mike Duke, CEO of Wal-Mart, discusses the global economy and how it affects the retailing giant. Duke said that while the US economy remains under pressure due to low jobs and high fuel costs, the company sees retail opportunities in countries such as China and Brazil. He also discusses Wal-Mart's acquisition of Massmart in South Africa. USA TODAY (9/18) - Maryland police arrest man accused of identity theft
Police in Prince George's County, Md., arrested a 29-year-old man accused of identity theft and credit-card fraud. Among the items seized when officers raided Joel Uzodinma's home and car at 5 a.m. Friday: stolen credit cards, 30 $500 Visa gift cards encoded with allegedly fraudulent data and alphabetized lists of possible identity theft victims. WJLA-TV (Washington, D.C.) (9/16)  | The Business Platinum Card® from American Express OPEN Spending power for your business. Premium benefits for you. Access a portfolio of 30+ premium benefits, including: • Membership Rewards® points that pay for flights, hotels, and more • 24/7, 1-on-1 Concierge for help with your life and your Business • Complimentary Airport Club Access Business Platinum Card APPLY NOW |
 - Retailers find broader audience for layaway
Retailers including Sears, Wal-Mart and Toys R Us are bringing back the layaway plans they did away with in the days of easy credit, and the programs appeal to a broader cross-section of consumers who can't or don't want to incur credit-card debt. "Those that are feeling the pinch have the alternative to make the purchase on something other than credit now," said NRF's Daniel Butler. Sun-Sentinel (Fort Lauderdale, Fla.) (9/18) - Luxury sales aren't slowing down, says LVMH executive
Demand in the U.S. and Europe for luxury handbags, watches and other products from LVMH Moet Hennessy Louis Vuitton SA is showing no signs of slowing down, despite economic uncertainty, said Yves Carcelle, head of the conglomerate's fashion and leather goods unit. Bloomberg (9/17) - Discount chains likely to do the most holiday hiring, experts say
People looking for temporary retail jobs this holiday season are likely to have the best luck at discount chains and dollar stores, experts say. "The biggest area (of hiring) will be in the discounters, who will have new shoppers in their stores who are moving down from the middle market," said John Challenger, CEO of outplacement firm Challenger, Gray & Christmas. The Huffington Post/Reuters (9/17)  | From Black Friday to special promotions, the management of special events is relevant to all segments of retail. Anticipating what could happen, particularly in light of changing technologies and new generations of customers, can be difficult. Click here to reveal the art to minimizing the risk at special events. |
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 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 |  |  | | | | - New rules likely to make it tougher for some to get credit
New rules that take effect Oct. 1 will require consumers to list personal rather than household income on credit-card applications, likely making it tougher for stay-at-home parents and students to obtain credit. "We don't want to give credit to people who can't pay. But with this rule, we don't know what personal income people are going to put in (their application)," said NRF's Mallory Duncan. The trade group had pushed for rules that would have allowed retailers to issue cards based on a broader set of data including credit scores and the customer's history with the store. Sun-Sentinel (Fort Lauderdale, Fla.) (9/16)  |  |  |  | Your customers move fast. Can your POS keep up? Today's shoppers are fully connected, highly informed, omni-channel and fast — and they expect nothing less of you! Learn how mobility can meet their demands by enabling richer engagement, instant information, seamless service and enhanced functionality. This new RTP White Paper explains your options and opportunities. Get your free copy now! |  |  |  |  |
| Most Popular Headlines from Last Week Results based on number of times each story was clicked by readers. | NRF News |  |  | | - NRF's Matthew Shay named top association exec by CEO Update
NRF President and CEO Matthew Shay has been named one of the country's top trade association CEOs by the publication CEO Update. The article highlights the recent swipe fee debate as a particular test for Shay and NRF over the past year. After launching its own campaign to mobilize the retail community and raise the profile of retailers on Capitol Hill, one CEO who nominated Shay for the recognition called the swipe fee campaign "a significant win for NRF and the merchants." Read more. - NRF SmartStat: Sept. 19, 2011
Thirteen retailers including J.Crew, Amazon and Tractor Supply Co. have appeared on the STORES Hot 100 Retailers list every year since it was created. Source: STORES Chain Restaurant News |  |  | | |  | Position Title | Company Name | Location | Director of Planning and Allocation | LittleMissMatched | New York, NY | Merchandise Manager | Party City | Rockaway, NJ | Payroll Manager | Party City | Rockaway, NJ | SALES ASSOCIATE | SAKS FIFTH AVENUE | Hackensack, NJ | Sales Associate- Saks Fifth Avenue Palm Desert | Saks Fifth Avenue | Palm Desert, CA | MDSR Buyer-Fashion | Meijer | Grand Rapids, MI | ASSET PROTECTION ASSOCIATE | SAKS FIFTH AVENUE | BAL HARBOUR, FL | SALES ASSOCIATES | SAKS FIFTH AVENUE | NEW YORK, NY | SALES ASSOCIATES | SAKS FIFTH AVENUE | GREENWICH, CT | Sales Associate Career Day at South Coast Plaza | Saks Fifth Avenue | Costa Mesa, CA | REGIONAL RECRUITING MANAGER | SAKS FIFTH AVENUE | ATLANTA, GA | Buyer (Lawn & Garden/Seasonal/Trim-A-Tree) | Navy Exchange Service Command | Virginia Beach, VA | Sales Associate - Sales Support (stock) - Personal Shopper - Career Day | Saks Fifth Avenue | McLean, VA | Sales Associate | Saks Fifth Avenue | ATLANTA, GA | Replenishment Manager | Headquarters, MCCS | Quantico, VA | Regional Director | Francesca's Collections | Philadelphia, PA | Vice President of Distribution and Logistics | Sleep Experts | Dallas, TX | Visual Manager | Saks Fifth Avenue | San Francisco, CA | Saks Fifth Avenue- Designer Sales Associate | Saks Fifth Avenue | Houston, TX | Saks Fifth Avenue- Sales Associate Career Fair- New Orleans, LA | Saks Fifth Avenue | New Orleans, LA | Product Creative Design - Manager/Specialist | Cabela's | Sidney, NE | Various Retail Opportunities within | Deloitte Consulting LLP | Multiple Locations, United States | Location Director - Home Delivery Organic and Natural Food | Suburban Organics | Ottsville, PA | Corporate Counsel - Employment Law | Ross Stores | Pleasanton, CA | Director of Stores | A'GACI, LLC | San Antonio, TX | | Click here to view more job listings. | | SmartQuote |  |  | |  | Government is not reason; it is not eloquent -- it is force. Like fire, it is a dangerous servant and a fearful master." --George Washington, first U.S. president  | | | This SmartBrief was created for cpgbrokers.data@blogger.com | | | | | | Recent NRF SmartBrief Issues: - Friday, September 16, 2011
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- Monday, September 12, 2011
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