| February 29, 2012 | News for the retail industry |  |  | |
- The new face of the coupon shopper
Coupon users today are likely to be educated and tech-savvy women who have grown accustomed to seeking out the best deals, and high-income households are more likely to use coupons than families that make less than $35,000 a year, according to Coupons.org. CNBC (2/28)      - Costco boosts sales, membership fees
Costco reported an 8% increase in same-store sales and a 13% rise in profits during its most recent quarter, buoyed by new membership fees and budget-conscious consumers looking to save by buying in bulk. The company, which operates 600 warehouse stores, reported total revenue of nearly $23 billion. CNBC/Reuters (2/29), ABC News/The Associated Press (2/29) - Gordman's to open first 3 stores in Utah
Ohama-based discount department store chain Gordman's will open its first store in Utah next month and expects to have three operating by July as part of the company's push to expand beyond the Midwest and Plains states. The company has 74 stores in 16 states, offering discounts of up to 60% on apparel, home goods and other merchandise. The Salt Lake Tribune (Utah) (2/28) - What does Martha Stewart's brand stand for?
Martha Stewart Living Omnimedia booked about $1 billion in sales last year with products ranging from bathroom faucets to designer dog bowls, but some branding experts say recent moves to diversify into pet products and office supplies are creating consumer confusion about what the brand represents. Stewart says diversification hasn't altered her mission. "We haven't veered from the path of making life more efficient, more organized, more beautiful." USA TODAY (2/27)  | WEBINAR: Be a Social Media Change Agent 2 PM ET on 3/1
Featured Guest: Brian Solis, Principal Analyst, Altimeter Group
Attend this webinar to learn how to use social media to improve your customer experiences and brand relationships — including, translating activity and conversations into insights, how social media drives customer expectations and aligning internal teams and functions. Register. | | Retail trends |  |  | | - The future of dollar stores
The $52 billion dollar store industry grew substantially during the downturn as cash-strapped consumers sought out lower prices on a variety of goods. In the process, chains including 99 Cents Only Stores, Dollar Tree, Dollar General and Family Dollar improved the look of their stores and overcame a reputation for selling "junk" that's likely to keep bargain hunters coming back as the economy recovers, say some industry experts. San Diego Union-Tribune (2/28) - Tough chic, classic shapes on tap for fall shoes
Footwear fans will find plenty of high-end options this fall, from "tough chic" boots boasting buckles and nail heads to classic shapes dressed up in new colors and materials, retail buyers say. "The colors of the season, especially the evergreens and crimsons, are the ones to pick up," Bergdorf Goodman senior vice president Linda Fargo. Women's Wear Daily (subscription required) (2/27)  | NEW: The 2011 American Pantry Study
This study takes a deeper look into consumer behaviors and attitudes to reveal the continued impact of the recession on the consumer, shopping attitudes, shopping channels and buying practices. Including data on more than 200 brands in over 20 categories, this is a must read for any brand looking to sell more product. Download it now. |
 - Gopago aims to expand mobile options for consumers
Consumers don't care about advances in mobile payment systems as much as they care about technology that improves the shopping experience, says Gopago CEO and founder Leo Rocco. Gopago aims to win fans for its system by moving more functions to the smartphone, allowing consumers to complete their transactions more efficiently and without waiting in lines, Rocco says. Wired.com (2/28) - PayPal is skeptical about NFC-driven payment systems
Several banks and mobile companies are touting their efforts to create mobile-payment systems using near-field technology, but PayPal said the complex alliance among all players and a significant investment in equipment could make the systems obsolete by the time they're up and running. The Guardian (London) (2/28)  | The Business Case for Mobile and Tablet Shopping
Is mobility an out-of-reach luxury or could it really improve your business? Get the facts! Aberdeen’s Analyst Insight examines the impact of mobile solutions on retail transactions, customer expectations, and important profit opportunities. This research – a $399 value- is yours free! Download your copy here! |
| NRF News | | | | - Could a new bill affect Presidents Day sales for retailers?
Since 1968, Presidents Day has been an annual holiday celebrated on the third Monday of February and has brought billions in revenue for the retail industry. A recent bill introduced in Congress would change the date of the holiday back to George Washington's actual birthday, Feb. 22, and would be observed on any weekday. "There's no doubt it's a significant shopping holiday," Vice President for Government Relations David French said. "Moving it off the third Monday and allowing it to float would make it harder for certain retailers to market sales opportunities." Read more. - Get the inside scoop of Retail Horizons survey results
Retail Horizons, NRF's most illustrious industry benchmarking report, collects data on retailers' intentions in nine areas of operations including customer insight, e-commerce, supply chain and marketing. In a NRF Foundation webinar on March 23, KPMG Global Head of Retail Mark Larson will discuss the results of the 10th annual Retail Horizons survey and give takeaways that will help retailers position themselves for success. Learn more and register.
| Chain Restaurant News | | | | | |  | | Position Title | Company Name | Location | | Director, Store Environment & Merchandise Planning | Harbor Freight Tools | Calabasas, CA | | Business Analyst | QuantiSense | Atlanta, GA | | Implementation Consultant | QuantiSense | Atlanta, GA | | Email Marketing Manager | Golfsmith | Austin, TX | | Vice President of Human Resources | Teavana | Atlanta, GA | | Merchandise Planner | Burlington Coat Factory | Burlington, NJ | | Selling Manager, Women's Shoes - NYC Store | Saks Fifth Avenue - NYC Store | New York, NY | | IS Director of Operations | PetSmart | Phoenix, AZ | | Merchandise Planner | The Bon Ton Stores | Milwaukee, WI | | Vice President Real Estate | Pier 1 Imports | Fort Worth, TX | | Manager Training & Development | Naarjtie Kids | Salt Lake City, UT | | Global Insights Manager | Burt's Bees | Durham, NC | | Designer - Footwear/Girlcare | Tween Brands Service Co. | New Albany, OH | | National Advertising Sales Manager | Intent Media | New York City , NY | | Maintenance Associate | Rooms To Go | Charlotte, NC | | The North Face: Customer Relationship Management Manager | The North Face | San Leandro, CA | | AVP - Marketing | West Marine | Watsonville, CA | | Senior Manager, Manhattan WMS Applications | PEAPOD | Lake Zurich, IL | | Senior Product Manager | dunnhumby | Cincinnati, OH | | Senior Vice President, General Merchandise Manager | Total Wine & More | Potomac, MD | | Vice President of eCommerce | The Vitamin Shoppe | North Bergen , NJ | | Visual Merchandiser Manager | Castle Megastore Group | Tempe, AZ | | DVP Spirit Halloween Marketing, Licensing & Creative Services | Spirit Halloween | Egg Harbor Township, NJ | | Demand Planner | Staples, Inc. | Framingham, MA | | Manager, Financial Planning and Analysis | Spencer Gifts | Egg Harbor Township, NJ | | | Click here to view more job listings. | | |
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In Iowa, retail is responsible for 16% of the state's labor income and supports more than 460,000 jobs. Source: 
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