| January 16, 2012 | News for the retail industry |  |  | |
| Top Story |  |  | | - NRF: 2012 to bring "modest" retail sales growth
U.S. retailers will see sales grow a relatively modest 3.4% this year, after a higher-than-expected 4.7% jump in 2011 that was driven in part by higher prices, according to an NRF forecast. "Consumers are finding a way to get out there and spend. But the consumers are different today. They are much more focused on value. They are much more informed than they ever were," President and CEO Matthew Shay said at Retail's BIG Show on Sunday. Bloomberg (1/15)       | Earn 3X rewards points when you fly with The New Business Gold Rewards Card from American Express OPEN. Designed to earn Membership Rewards® points faster:
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  | Industry Watch | | | | - Nordstrom looks online for fastest growth
Online is Nordstrom's fastest-growing sales channel, and the upscale department store has big investment plans to enhance its online and mobile shopping offerings. The company is working on mobile options to personalize offers based on previous online and in-store purchases, and it's also testing local same-day delivery. The Seattle Times (1/14) - Ulta finds success as the Best Buy of beauty
Ulta Salon, Cosmetics & Fragrance saw same-store sales rise 12.6% in December. The chain drew a growing number of consumers to its 449 one-stop beauty stores with a combination of lower product prices and consultant services. "You can buy a Cover Girl mascara and then splurge on a nicer foundation," said analyst Erika Maschmeyer. Chicago Tribune (1/15) - Are dollar stores the new mecca for home decor?
A number of consumers shifted spending to dollar stores during the recession to find the lowest prices on staples, and many have stuck with stores including Dollar General, Dollar Tree and Family Dollar, shopping the stores for holiday gifts and low-priced home decor items. Time.com (1/14)  | Principles of Checkweighing - Building an Effective Program
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 | NRF 101st Annual Convention & Expo | | | | - A computer that speaks the language of retail?
 Retailers today have access to a flood of valuable consumer data that comes from a wide variety of "unstructured" sources such as social media, which presents an opportunity for merchants who figure out how to harness the data and use it to create personalized shopping services, IBM's Jon Iwata said Sunday at Retail's BIG Show. Their efforts may be aided by computers like Watson, the "Jeopardy!"-winning machine that understands natural language. Retail's BIG Blog (1/16) - Retail's BIG Show brings in more grocers
Retail's BIG Show has increasingly drawn supermarket chains to its expo floor and speaker's stage in recent years, with a special focus on retail technology. This year's lineup includes speakers from Whole Foods, Winn-Dixie, Wal-Mart and Sobey's. Supermarket News (1/13) - Online shoppers support smaller merchants
Some online shoppers are shifting away from Amazon and other big players in favor of small, niche Web retailers, in a move similar to "shop local" campaigns that encouraged consumers to eschew big boxes for Main Street merchants, this story says. "Folks are exercising their desire to support local stores where local is not just in their town, but anywhere in the country," said economics professor Michael Walden. The New York Times (tiered subscription model) (1/15) - PayPal executive talks in-store payment strategy
Don Kingsborough's resume already included stints as founder of Worlds of Wonder Toys and executive roles at Nintendo and Atari when he joined PayPal as vice president in charge of rolling out in-store payment systems last year. The next big payment services winners will be those that are less focused on the nuts and bolts of the technology and more focused on letting consumers make purchases and payments wherever they want to, he said. GigaOm (1/14)  | The telephony market is making a lot of smart people make poor choices. Take a minute to read the latest VoIP News and ground your opinion in hard-bitten analysis. In this complimentary guide, we chart the future of IP-convergence, mobility, IPv6, and much more. Get the VoIP News here. |
 | 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.
| | | Most Popular Headlines from Last Week Results based on number of times each story was clicked by readers. |
| NRF News | | | | - NRF forecasts retail industry sales growth of 3.4% in 2012
Though stubbornly high unemployment and continued uncertainty over the prospects for job growth will continue to dampen the outlook for industry retail sales growth in 2012, the retail industry will still grow at a rate faster than many other industries. According to NRF, retail industry sales will rise 3.4% to $2.53 trillion in 2012 -- slightly lower than the pace of 2011, in which sales grew 4.7%. Read more. - NRF SmartStat: Jan. 16, 2012
 Holiday retail sales totaled $472 billion in 2011. Source: NRF - Brazil and China: The emerging online retail powerhouses
Take a guess: Which are the five largest markets today in terms of online users? The U.S.? The U.K.? Germany? Actually, try China, in first place with 369 million online users, followed by the U.S. (253 million), then India (133 million), Japan (104 million) and Brazil (91 million). In Sunday's BIG Show session on global e-commerce for 2012, retail executives from China, Brazil and Forrester Research shared why the Chinese and Brazilian markets are prime opportunities for retailers looking to expand e-commerce operations. Read more. Shop.org Blog (1/16)
| Chain Restaurant News | | | | - COO: Why Greene Turtle isn't giving up on burgers
 Many chains are promoting chicken instead of pricier beef, but Greene Turtle is going all in with a menu of burgers stuffed with ham, bacon, pepperoni and a variety of cheeses. The sandwiches represented about 65% of all burger sales during the first week, spurring the company to extending the limited-time promotion, says COO Bob Barry. BurgerBusiness.com (1/16) | |  | | Position Title | Company Name | Location | | VP, Division Planning Manager | The Bon Ton Stores, Inc. | Milwaukee, WI | | Retail Analytics Specialist | QuantiSense | Atlanta, GA | | Buyer | Jeans Warehouse | Los Angeles, CA | | Corporate Retail Visual Presentation Manager | Soft Surroundings | St. Louis, MO | | Director eCommerce Operations | Pier 1 Imports | Ft. Worth, TX | | Sales Associate | Saks Fifth Avenue | Naples, FL | | Business Developer | IKEA Trading Services Inc. | Houston, TX | | Women's Designer Selling Manager | Saks Fifth Avenue | Cincinnati, OH | | Fifth Avenue Club Director | Saks Fifth Avenue | San Antonio, TX | | Assistant General Manager Merchandise | Saks Fifth Avenue | Boca Raton, FL | | Assistant General Manager Merchandise | Saks Fifth Avenue | Sarasota, FL | | Talent Development Director | Saks Fifth Avenue | Atlanta, GA | | Pricing Analyst | Barnes & Noble, Inc. | New York, NY | | PM of Multi Channel Retail Systems | bebe Stores Inc | Brisbane, CA | | Senior Manager CRM & Loyalty | bebe Stores Inc | 94005, CA | | GMM - Non Apparel | bebe Stores Inc | Los Angeles, CA | | Director of eCommerce | bebe Stores Inc | Brisbane, CA | | Buyer | Bed, Bath & Beyond | Union, NJ | | Assistant (Associate) Buyers - Brick & Mortar and Ecommerce | Kohl's Department Stores | Milwaukee, WI | | Merchandise Planner-Contemporary | Saks Fifth Avenye | New York , NY | | Saks Fifth Avenue - Marketing Director - Philadelphia area | Saks Fifth Avenue | Bala Cynwyd, PA | | Saks Fifth Avenue - Group Selling Manager - Men's | Saks Fifth Avenue | Chicago, IL | | Talent Development Director | Saks Fifth Avenue | San Antonio, TX | | Marketing Director-San Francisco | Saks Fifth Avenue | San Francisco, CA | | Marketing Director | Saks Fifth Avenue | Indianapolis, IN | | | Click here to view more job listings. | | |
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