| June 14, 2012 | News for the retail industry |  |  | |
- Nordstrom's growth plans reflect changing times
Nordstrom booked record revenue of $10.5 billion last year, but the chain known for its luxury goods and stellar service isn't resting on its laurels, says president Blake Nordstrom. Growth plans call for about 15 new Nordstrom Rack stores per year, and the company also expects to spend about $600 million to expand into Canada and New York City over the next five years. The Seattle Times (6/13)       | Learn how retail and commercial real estate organizations use place-based decisions to manage change and grow profitability. Speakers from Jones Lang LaSalle, Kohler, and more will discuss location analytics at the Esri Business Summit in San Diego, July 22-24. See the summary of last year's presentations by Starbucks, Edward Jones, and others. | - CEO: Sears may consider more asset sales
Sears posted a $189 million first-quarter profit, buoyed by the spinoff of smaller-format stores, and the retailer remains open to other asset sales where it makes sense as part of a turnaround strategy, CEO Lou D'Ambrosio said Wednesday. "We are evaluating whether assets are more valuable inside or outside the portfolio." Chicago Tribune/Bloomberg (6/13) - TJX predicts another growth year
TJX Cos. saw same-store sales and store traffic rise last year, with 2012 expected to bring more of the same as the company continues to invest in new stores and remodels at its Marshalls and TJ Maxx stores, CEO Carol Meyrowitz told investors at the retailer's annual meeting Wednesday. The company is also exploring the possibilities for e-commerce, she said. Women's Wear Daily (subscription required) (6/13) - Oscar de la Renta ramps up its retail offerings
Oscar de la Renta will double the size of its Madison Avenue flagship in New York City and debut its first London store this fall, part of an effort to increase the brand's retail presence. The brand currently operates 13 retail stores, which showcase the brand's increasingly diverse lines that now include accessories, children's wear, fragrances and bridal. Women's Wear Daily (subscription required) (6/14) - Esprit chairman resigns 1 day after CEO
Esprit Holdings chairman Hans-Joachim Körber resigned Wednesday, one day after CEO Ronald van der Vis said he would leave the struggling fashion retailer. The Hong Kong-based company has struggled against trendier rivals including H&M and Zara in recent years and is now contending with the downturn in Europe, which accounts for 80% of its sales. The Wall Street Journal (6/13)  | 10 Principles for Building an Effective Human Capital Plan
The Human Capital Plan is an important tool that organizations use to drive focused actions that can ensure goal achievement and business success. It allows organizations to assess, plan for, and respond proactively to its human capital challenges and needs. Download the white paper to learn more. |
 - Male fashion fans drive continued menswear growth
Menswear sales are expected to remain strong despite global economic uncertainty, driven by a new generation of fashion fans who aren't afraid to shop, industry watchers say. "There is that thirst from the customer for what's new, having something first, something exclusive," said Saks Fifth Avenue executive Tom Ott. Women's Wear Daily (subscription required) (6/14) - Top trends in retail loss prevention
 Organized retail theft is not only increasing, it's also becoming more violent, says Gary Johnson, vice president of loss prevention for Vitamin Shoppe Industries and chair of NRF's Loss Prevention Advisory Council. Johnson shares his list of the top five trends in retail loss prevention, in advance of next week's NRF Loss Prevention Conference and EXPO. Retail's BIG Blog (6/14) - Global commodity costs drop, consumers wait for lower prices
Prices for commodities including oil, coffee, cocoa and corn have been steadily dropping in recent months amid slowing global demand, but consumers have yet to see corresponding price declines anywhere but at the pump. Producers and retailers say consumers are often the last to benefit from lower costs. "Typically these market fluctuations do not immediately affect Whole Foods Market because we have long-term contracts with our suppliers," Whole Foods spokeswoman Libba Letton said. The New York Times (tiered subscription model) (6/13)  | The Essential Guide to Choosing a Web Analytics and Online Marketing Solution
Today’s web analytics technologies are far superior to the relatively crude clickstream data capture of 10 years ago. Selecting a web analytics and online marketing solution is a high-stakes decision that can shape your company’s fortunes for years to come. Read this white paper to learn how to select the optimal solution for your needs. |
 - Google, Amazon apply for slew of new domains
Google spent $18.7 million in application fees in its quest to register 101 new domains including .mom, .dad and .kid, and Amazon applied for 76 new domains including .book, .movie and .zappos, the Internet Corporation for Assigned Names and Numbers revealed Wednesday. The results of the first round of applications illustrates NRF's point that letting companies control the new domains could result in anti-competitive practices, says general counsel Mallory Duncan. "Consumers going to that domain may not realize that all of their shopping is being done with one company instead of a competitive market." The Washington Post (6/13)  | Download Forrester Research, Inc.'s April 2012 report: SMB eCommerce Solutions 2012, A Guide To Selecting Your eCommerce Solution written by Brian K. Walker. Learn which SMB eCommerce solution you should consider for your business. For example, Forrester expects to see the advent of full-service offerings such as Amazon's suite of solutions. Download your complimentary copy now. |
 - How small merchants can win with space-sharing deals
Small retailers are increasingly forming space-sharing arrangements with other merchants, as a way to both cut costs and work together to boost sales and brand awareness. Some who have done it offer tips on finding the right sharing set up, starting with leases that allow for subletting. Entrepreneur online (6/13)  | RadioShack has a global presence and a variety of innovative products and services. With reasonable investment levels and hundreds of potential markets, a RadioShack franchise represents an exciting opportunity for you to associate with a powerful retail brand. Click here to learn more. |
| NRF News |  |  | | - How to make the cloud work for retail on a global scale
Today's retailers are forced to move at the speed of light just to keep up with their hyper-educated customers, complex supply chains and sometimes globally distributed teams. In a June 21 STORES webinar, Google's Head of Retail Industry Rhonda Stites will join Jason Breazeale, senior manager of collaboration for Ahold, to explain how cloud technology changed the culture for the international food retailing group by using web-based apps to enable seamless collaboration across thousands of stores and a knowledgeable workforce. Learn more or register. - Tell us: Who should win retail's highest honor?
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. The 2013 edition has a new twist, letting the public choose which retailer can join this elite group. NRF's Jennifer Overstreet provides a history of the winners of this distinguished fraternity and explains the ease of the nomination process. Read more. Retail's BIG Blog (6/14)
| Chain Restaurant News | | | | - Starbucks sees sluggish sales in Europe
Starbucks is struggling in Europe amid an economic downturn, CFO Troy Alstead said this week. Same-store sales in the division that includes Europe were down 1% in the most recent quarter. "We continue to struggle from macro challenges in Europe. This was true in the first quarter, it was profoundly true in the second quarter, and it's even more than expected in the third quarter." The Wall Street Journal (6/12) | |  | | Position Title | Company Name | Location | | Category Buyer | School Outfitters | Cincinnati, OH | | Sr. Merchandise Planner | BevMo! | Concord, CA | | Senior Director/Director of Store Operations & Customer Service | BevMo! | Concord, CA | | Assistant Vice President, Allocation | dressbarn | Suffern/border line Mahwah, NJ , NY | | Planner | Bed Bath & Beyond | Union, NJ | | Sr. Analyst, Customer Analytics | REI | Kent, WA | | Divisional Merchandise Manager (DMM) | Perry Ellis International | Miami, FL | | Sr. Site Manager, Shopping Experience | Apple, Inc. | Cupertino, CA | | Vice President Real Estate | Spencer Gifts | Egg Harbor Township, NJ | | Digital/Shopper Planning Director | TracyLocke | Wilton, CT | | Real Estate Manager | Shopko | Green Bay, WI | | Divisional Private Brand Manager--Consumables/HBA | Shopko | Green Bay, WI, WI | | Buyer | Bed, Bath & Beyond | Union, NJ | | Alterations Manager | Saks Fifth Avenue | Huntington Station, NY | | Merchandise Planner | Gorsuch | Vail, CO | | Associate Buyer | Five Below, Inc. | Philadelphia, PA | | Human Resources Director (Talent Development Director) | Saks Fifth Avenue | Palm Beach Gardens, FL | | Senior Director of Merchandising | Francesca's Collections | Houston, TX | | DIRECTOR OF MARKETING – CRM STRATEGY | Saks Fifth Avenue | Huntington Station, NY | | Merchandise Planning Manager | Spirit Halloween | Egg Harbor Township, NJ | | | Click here to view more job listings. | | |
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Almost 30% of consumers will shop online for Father's Day this year, up from 22% last year. Source: 
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