| May 8, 2012 | News for the retail industry |  |  | |
 | Which do you choose: Customer frustration…or channel integration? Today's consumers expect to shop the way technology lets them work and live: easily, efficiently and seamlessly across channels. Aberdeen's 2012 Analyst Insight on the Omni-Channel Retail Experience explains how your competitors make that happen – and how you can too! This $399 value is now yours free. Download the report now! |
 - Sears stores play a key role in online fulfillment
 Sears stores and a network of direct-delivery centers are playing a key role in the retailer's ongoing efforts to fulfill promises of speedy delivery to online shoppers, says senior vice president Raj Penkar. About 90% of big-ticket items purchased online are delivered the next day, he says, and smaller orders are typically fulfilled via the closest store that can deliver. Retail's BIG Blog (5/8)      - Sycamore makes higher bid to buy Talbots
Private-equity firm Sycamore Partners has increased its offer to acquire Talbots to $3.05 per share, or about $215 million, the companies said Monday. Sycamore, which made its first buyout offer for Talbots in December, owns a 9.9% stake in the company. The Wall Street Journal (5/7) - Avenue's new owner to close stores
Plus-size apparel retailer Avenue will reduce its store count to 300 from the 415 to 420 it currently operates under new owners Versa Capital Management, which bought the chain out of Chapter 11 bankruptcy last month for $32 million. "A lot of what Versa does often involves a first step of retreating to a profitable core," said Versa's Paul Halpern. The Wall Street Journal/Private Equity Beat (5/7)  | 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. |
 - Report: Rising retail turnover raises hopes
Employee turnover at 54 major U.S. retail chains including OfficeMax, Petco and Limited Brands rose to 18% last month, up from 10% last October, according to Hay Group. Economists see turnover as a sign that workers are feeling confident enough in the economy to make a move. The U.S. retail industry employs about 14.5 million people, according to NRF data. Bloomberg Businessweek (5/7) - Goose down prices rise amid shifting global trends
Demand for goose down to fill jackets, vests and pillows is up just as the global supply is starting to decline, a trend likely to drive up prices of the goods for retailers and consumers. China, the top producer of goose down as a byproduct of raising the fowl for food, is turning out less as farmers leave the country for the city and people shift their diets to more meat and fish. The Wall Street Journal (5/7) - Luxury fashion brands add footwear lines
High-end shoe brands will get more competition this fall from fashion designers adding footwear lines as a way to boost sales in a still-tight economy. Brands including Rodarte, Roland Mouret, Hervé Léger by Max Azria plan to step into shoes. "[Adding footwear] is a really great way for [a fashion brand] to round out its portfolio," said Milton Pedraza, CEO of The Luxury Institute. Women's Wear Daily (subscription required) (5/7)  | What Data Thieves Don’t Want You to Know:
How a multi-layered data security solution, including encryption and tokenization, protects data in transit, in use and at rest. When combined, these two technologies provide a powerful method for securing sensitive data wherever it exists. Get proof here. |
 - Limited Brands reaps rewards from IT investments
Beefed-up investments in inventory management technology and point-of-sale systems helped Limited Brands' Victoria's Secret and Bath & Body Works ring up higher April sales. "They can see a product is moving quicker and get back to their supply chain, and reorder it faster," said analyst John Kernan. The Wall Street Journal (5/6) 
| NRF News |  |  | | - Nominations for NRF's Annual Retail Industry Awards accepted through May 25
Each year, NRF recognizes retail industry executives who have displayed creative genius, inspirational leadership, and served the industry with distinction through the Retail Industry Awards program. Three awards are presented at Retail's BIG Show in New York City every January to honor retailers that have gone above and beyond to have a positive impact on the industry. Nominate your favorite retailer now for NRF's Gold Medal Award, Retail Innovator of the Year, or International Retailer of the Year. Learn more.
| Chain Restaurant News | | | | - Darden eateries launch instant e-mailed gift cards
Darden's Red Lobster, Olive Garden and LongHorn Steakhouse chains have started selling gift cards that customers can buy online and send instantly via e-mail. Buyers have the option to customize the cards with their own photos and voices, and themed cards are available for birthdays, Mother's Day and other special occasions. Orlando Sentinel (Fla.) (5/7) | |  | | Position Title | Company Name | Location | | Manager, Mast Global Operations & Integration | Limited Brands | Columbus, OH | | Customer Intelligence Strategist | GFS Marketplace | Grand Rapids , MI | | Senior Architect | Burlington Coat Factory | Burlington, NJ | | Applications Director-Supply Chain | PetSmart | Phoenix, AZ | | Senior Merchant | Golfsmith International | Austin, TX | | Vice President Planning and Allocation | Golfsmith International | Austin, TX | | Merchant – Softlines | Golfsmith International | Austin, TX | | Senior Manager, Marketing | Total Wine & More | Potomac, MD | | Director of Payroll | Burlington Coat Factory | Burlington, NJ | | Merchandise Buyer | Gorsuch Ltd. | Vail, CO | | Senior Manager of Field Human Resources | Ollie's Bargain Outlet | Harrisburg, PA | | Senior Director of Quality and Product Safety | Walmart | Shenzhen, China | | Buyer, Hardgoods | Moosejaw Mountaineering | Madison Heights, MI | | Category Manager/Buyer | The Vitamin Shoppe | North Bergen , NJ | | Retail Merchandise Manager | Le Creuset of America, Inc./Schiller Stores, Inc. | Early Branch, SC | | Wholesale Visual Coordinator | MacKenzie-Childs LLC | New York, NY | | Women's Designer Selling Manager | Saks Fifth Avenue | Beverly Hills, CA | | Merchandise Planner | Stein Mart | Jacksonville, FL | | Fashion Product Manager (Sourcing Manager) | Target | Minneapolis, MN | | Product Manager (Sourcing Manager) | Target | Minneapolis, MI | | Fashion Buyer | Target | Minneapolis, MN | | Target.com Merchandising Buyer | Target | Minneapolis, MN | | Retail Buyer - Home | Target | Minneapolis, MN | | | Click here to view more job listings. | | |
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Shoppers will spend an average of $58.25 on personal services such as spas or facials for Mother's Day. Source: 
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