| January 27, 2012 | News for the retail industry |  |  | |
| Top Story |  |  | | - CEO: Penney's transformation won't bite bottom line
J.C. Penney won't borrow to fund the $800 million transformation it detailed earlier this week, and the company doesn't expect the investment to have a negative impact on profits this year, CEO Ron Johnson told analysts Thursday. "We are fundamentally reimagining every aspect of our business and we fully expect the bold and strategic changes we are making to our operations will result in improved profitability." The Wall Street Journal (1/27)       | The Business Platinum Card® from American Express OPEN
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  - Towns fight to keep their local Sears stores
Many of the Sears stores slated for closure this year are located in small towns where they're one of a handful of shopping options. Officials in at least four such towns are using petitions, rallies and even the offer of tax incentives to convince Sears Holdings to keep their stores open, but so far the company is holding firm to its plan to close the underperforming locations. The Huffington Post (1/26) - Bottom Dollar debuts in Pittsburgh
The Pittsburgh region is blanketed with ads for Bottom Dollar Food, which will have 14 stores there by the end of February. The chain, which saves money by stocking goods still in boxes and charging for grocery bags, sells fresh produce and national and private-label brands at 18,000-square-foot stores. Pittsburgh Post-Gazette (1/26) - Rugged Bear brand makes a comeback
Rugged Bear, the upscale children's clothing retailer that closed its stores last year, is planning a return of the brand with new lines set to debut in July at U.S. department stores including Von Maur, Peebles and Lord & Taylor. Private-equity firm TRB Acquisitions purchased the rights to the brand, which operated 29 retail stores in six Northeast states before filing for bankruptcy a year ago. The Hartford Courant (Conn.) (1/26) - J. Crew turns its hand to haberdashery
J.Crew will open a new shop next month centered on its popular Ludlow men's suit. The 2,100-square-foot Ludlow Shop in New York City's TriBeCa neighborhood will have a tailor on staff and will also sell Thomas Mason shirts, ties and Italian leather shoes. Women's Wear Daily (subscription required) (1/26)  | Top 5 HR Compliance Concerns for Small Business
Small and medium sized companies spend a lot of time focusing on core business issues, but they may overlook one of the most potentially serious and costly issues — regulatory compliance. How do you know what issues to look for in order to protect the company? Download this must-read paper that discusses the top 5 HR compliance issues. |
 - Better times for home-improvement chains
Lowe's and Home Depot are seeing signs of a turnaround, as new-home construction starts to pick up and more consumers spend on home-improvement projects and big-ticket appliances. Home-improvement spending rose 4.3% in the three-month period ending last November, according to the Census Department. The Wall Street Journal (1/27)  | Maintaining accurate inventory is at the heart of retailing. Perpetual inventory solutions are one means to that end. Download our white paper, Inventory Is the Store: How Mobility Maximizes Return on Investment, to learn how Zebra mobile inventory solutions improve inventory management by meeting your inventory where it lives on the shelves. |
 - Signature app acts as in-store personal shopper
Startup Signature launched a mobile application this week that aims to give retailers a way to offer customers personalized shopping services while in their stores. The app sends users updates on new products from preferred brands, information on in-store events and notifies users when new products arrive on the selling floor. TechCrunch (1/26)  | Costs are rising in China and Japan, prompting high-tech firms across Asia to consider new sourcing locations so they can remain efficient, while focusing more on service. What will be the impact of this behavioral shift? Learn about the findings in this free white paper. |
| NRF News | | | | - Ahead of primary, NRF CEO addresses Florida business leaders on retail's economic impact
"The Republican presidential candidates aren't the only ones campaigning this week in Florida on the platform of economic growth and job creation," NRF President and CEO Matthew Shay shared with Florida business leaders this week. Shay underscored the important role the retail industry plays in powering the economy, which supports one in four Florida jobs, during two Retail Means Jobs speeches this week in Orlando -- a week before the Florida Republican presidential primary. Read more. - NRF SmartStat: Jan. 27, 2012
 More than 7,700 people are connected to NRF through LinkedIn. View the page. - Retail loss prevention execs to head to New Orleans for NRF's 2012 event
Registration is officially open for the NRF Loss Prevention Conference & EXPO, June 20 to 22 in New Orleans -- and each year, hundreds of retail's top brands attend. For the 2012 event, thousands of top LP professionals and industry partners will head to the Big Easy this summer to network and learn about emerging LP trends and technologies. Register by Feb. 3 and save more than $400. Learn more.
| Chain Restaurant News | | | |  | |  | | The Buzz(CORPORATE ANNOUNCEMENTS)
New RSR Research: Retailers Turn to eCommerce as Digital Channels Platform. Retailers, both online pureplays and traditional retailers, increasingly rely on their eCommerce platform as their central digital face to the customer, according to a new study, “eCommerce 2012: Back to the Future”, by RSR Research. Free download (registration required).
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| |  | | Position Title | Company Name | Location | | Divisional Merchandise Manager | West Marine | Watsonville, CA | | Marketing Manager | West Marine | Watsonville, CA | | Retail Analytics Specialist | QuantiSense | Atlanta, GA | | Footwear Buyer | Big 5 Sporting Goods | El Segundo, CA | | Merchandising Director | Stein Mart | New York, NY | | Corporate Retail Visual Presentation Manager | Soft Surroundings | St. Louis, MO | | VP, Division Planning Manager | The Bon Ton Stores, Inc. | Milwaukee, WI | | Buyer - Men's Personal Furnishings | Burlington Coat Factory | Burlington, NJ | | Director of Procurement Services | Burlington Coat Factory | Burlington, NJ | | VP eCommerce | Burlington Coat Factory | Burlington, NJ | | Contract Recruiter - Merchandising | Burlington Coat Factory | Burlington, NJ | | Merchandise Manager - Housewares | Pier 1 Imports | Dallas / Ft. Worth, TX | | Software Developer | PetSmart | Phoenix, AZ | | Business Developer | IKEA Trading Services Inc. | Houston, TX | | Assistant Controller | Brooks Brothers | Enfield, CT | | DVP Spirit Halloween Marketing, Licensing & Creative Services | Spirit Halloween | Egg Harbor Township, NJ | | Sr. Director, Store Planning and Construction | Spencer Gifts/Spirit Halloween | Egg Harbor Township, NJ | | Regional Manager (West) | Perry Ellis International | Dallas, TX | | Buyer | Bed, Bath & Beyond | Union, NJ | | Assistant (Associate) Buyers - Brick & Mortar and Ecommerce | Kohl's Department Stores | Milwaukee, WI | | Director eCommerce Operations | Pier 1 Imports | Ft. Worth, TX | | Sales Associate | Saks Fifth Avenue | Naples, FL | | Merchandise Planner-Contemporary Handbags | Saks Fifth Avenue | New York , NY | | Merchandise Planner-Designer Shoes | Saks Fifth Avenue | New York , NY | | Divisional Planner | Burlington Coat Factory | Burlington, NJ | | | Click here to view more job listings. | | |
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| | | | | | | | | Recent NRF SmartBrief Issues: - Thursday, January 26, 2012
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- Tuesday, January 24, 2012
- Monday, January 23, 2012
- Friday, January 20, 2012
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