| March 9, 2012 | News for the retail industry |  |  | |
- New Bon-Ton chief shares turnaround strategy
New Bon-Ton president and chief executive Brendan Hoffman said the chain's strategy to turn around sales will look more evolutionary than revolutionary. The chain will beef up its offerings from contemporary designers including Michael Kors and continue to ramp up social marketing and e-commerce efforts, he said. Women's Wear Daily (subscription required) (3/7)       | Imagine collaborating with business leaders from around the world. MBA@UNC makes it happen. Earn an MBA online from the top-ranked mba program at UNC Kenan-Flagler.
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 | Industry Watch |  |  | | - Whole Foods to open in Detroit
A Whole Foods is opening in Detroit, a city of boarded-up homes and budget problems, a move that might mean the city's plight could be improving. "This is huge for Detroit," said Olga Stella of the Detroit Economic Growth Corp. "It has such an ability to attract national attention not just from other retailers but other developers. It's in a category all its own." The Wall Street Journal (3/8) - Neiman Marcus opens long-awaited Walnut Creek store
Neiman Marcus opened the doors today on its third store in southern California, an 85,870-square-foot, two-story store in the San Francisco suburb of Walnut Creek. Neighbors originally opposed the store and the traffic it would bring but rallied when a rival mall developer tried to block the development. In 2009, voters approved a ballot measure that paved the way for the store to open. The Oakland Tribune (Calif.) (3/8), Women's Wear Daily (subscription required) (3/8)  |  |  | | See how Cardmembers use American Express OPEN Cards to help run their business:
“I put all Membership Rewards® points back into the business for goods, products, or travel and I'll be using them to get a new voice-internet-phone system installed.” - Lenie Ramos Trent, little twig
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  - H&M, Macy's and Saks gear up for "Fashion Star"
NBC will debut "Fashion Star" on Tuesday, a competition between 14 fledgling designers whose winning works from each of the show's 10 episodes will go on sale at H&M, Macy's and Saks the day after each show airs. "We kind of approached it as a 10-hour commercial on network television, which is pretty hard to turn down," said Saks' chief creative officer Terron Schaefer. Boston Herald (3/8) - Apple's popularity is a mixed blessing for retail chains
Best Buy and RadioShack see increased sales when Apple releases a product, but their profit margin on Apple gadgets pales in comparison with that of other brands. Best Buy makes about 17% profit on each iPhone sold, compared with 100% on a comparable Google Android phone. Reuters (3/8), Reuters (3/8)  | Redefining commerce in the age of the customer
Today's customers have information at their fingertips and can dictate a new set of terms in the dynamic relationship between buyers and sellers. Smarter Commerce puts the customer at the center of all operations. Read this brochure to learn how your organization can build better business processes. |
 | Retail Technology | | | | - New Nordstrom iPad app lets users order custom suits
 Designer Joseph Abboud has launched a new iPad application that gives Nordstrom associates the ability to help customers order made-to-measure suits in about 30 minutes. The suits will be made at a factory in New Bedford, Mass., and shipped directly to customers within two weeks, the company says. Mashable (3/8) - Is bedtime prime time for impulse buys via iPads?
A growing number of iPad users have replaced bedtime magazine flipping with browsing on the Apple gadget, and one study shows most iPad browsing happens around 10 p.m. The trend is a potential boon for retailers, since the gadget makes it easier for consumers to make impulse buys. The Business Insider (3/8)
| NRF News | | | | - There's just one week left to submit your retail story for a chance to win $25,000
Two minutes is all retail employees need to share how their retail story serves as a positive catalyst for change in your community, an innovation for the retail industry, or an initiative to generate jobs and boost the economy. To help energize your creative side and keep you organized, NRF has created a list of "winning" video tips and FAQs to help you keep focused on what's important -- sharing why you have one of the best retail stories in America. March 16 marks the end of the submission process, but also the beginning to deciding which videos will be in the running for $50,000 in cash and a trip to Washington, D.C. Learn more. - NCCR calls for a halt to "ambush" election regulations
In a letter to Capitol Hill yesterday, the National Council of Chain Restaurants urged Congress to block the NLRB from implementing new rules that allow unions to hold elections in as little as 14 days, down from the current median of 37 days. "Elections conducted under these conditions would allow union organizers to conduct stealth organizing campaigns for months in advance targeting unsuspecting employees and employers and would unfairly restrict the ability of a business owner to discuss this vitally important issue with their employees prior to such an election," said NCCR's Rob Green in the letter. Read the full release.
| Chain Restaurant News | | | | - McDonald's makes changes to value menu
McDonald's will replace the small soft drinks and french fries on its value menu with fresh baked cookies and ice cream cones this month. It also will debut an Extra Value Menu designed to give cash-strapped customers more options. "The choices have been available for quite some time; we're just making it easier for customers to find them and enjoy them," said marketing chief Neil Golden. Reuters (3/8) | |  | | Position Title | Company Name | Location | | Planner | Stein Mart | Jacksonville, FL | | Business Analyst | QuantiSense | Atlanta, GA | | Implementation Consultant | QuantiSense | Atlanta, GA | | Email Marketing Manager | Golfsmith | Austin, TX | | Director, Store Environment & Merchandise Planning | Harbor Freight Tools | Calabasas, CA | | Vice President of Human Resources | Teavana | Atlanta, GA | | Director of Store Initiatives | Burlington Coat Factory | Burlington, NJ | | VP eCommerce | Burlington Coat Factory | Burlington, NJ | | Director, Online Marketing | Bath & Body Works Direct, Inc. | Columbus, OH | | Talent Acquisition Manager - Stores | Burlington Coat Factory | Burlington, NJ | | Buyer, Petites | Stein Mart | Jacksonville, FL | | Visual Merchandiser Manager | Castle Megastore Group | Tempe, AZ | | AVP - Marketing | West Marine | Watsonville, CA | | Senior Manager, Manhattan WMS Applications | PEAPOD | Lake Zurich, IL | | Merchandise Planner | The Bon Ton Stores | Milwaukee, WI | | Direct Marketing Manager | RadioShack | Fort Worth, TX | | Manager, Financial Planning and Analysis | Spencer Gifts | Egg Harbor Township, NJ | | Director of Operations | Spencer Gifts | Egg Harbor Township, NJ | | Demand Planner | Staples, Inc. | Framingham, MA | | Merchandise Planner | Kohl's Department Stores | Menomonee Falls, WI | | Merchandise Buyer | Kohl's Department Stores | Milwaukee/Menomonee Falls, WI | | Assistant General Manager of Merchandising (AGMM) | Saks Fifth Avenue | Atlanta, GA | | Global Insights Manager | Burt's Bees | Durham, NC | | Designer - Footwear/Girlcare | Tween Brands Service Co. | New Albany, OH | | Merchandise Planner | Burlington Coat Factory | Burlington, NJ | | | Click here to view more job listings. | | |
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