| June 27, 2012 | News for the retail industry |  |  | |
- Saks CEO takes optimistic outlook
A weakening of the euro against the dollar may mean fewer tourists shopping at Saks, but visitors still appear to be shopping at the luxury department store. The currency issue also portends higher profit margins on merchandise imported from Europe, says CEO Steven Sadove. The retailer is moving ahead with plans to enlarge the designer shoe department at its New York City flagship, which already boasts footwear from several European brands. Forbes (6/26)       | Benchmark & Improve Vendor EDI Compliance
The Trading Partner Intelligence - EDI Compliance application from SPS Commerce helps retailers and e-tailers measure vendors' EDI compliance. Learn more about our cloud-based analytic applications for scorecarding and enhancing vendor compliance. For more information, please call 1-866-245-8100. | |
| Industry Watch |  |  | | - Wal-Mart's clinic growth is slower than expected
In 2007, Wal-Mart Stores said it planned to open as many as 2,000 health clinics by 2012, but the retailer has only 149 locations, after closing 33 this year. "By any account, clinics are still a pilot," said John Agwunobi, president of health and wellness. "We continue to watch and tweak, and we're candidly evolving and innovating to see where to go." The Wall Street Journal (6/27)  | Earn 5X Points on select Business Expenses for the first 3 months†
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  - Survey: Shoppers tie more purchases to brand names
Brand names and logos are important to 29% of shoppers when they're making fashion buying decisions, up from 8% five years ago, according to a Brand Keys survey. Ralph Lauren/Polo was the most popular brand, followed by Armani, Nike, Versace and Chanel, the survey found. Women's Wear Daily (subscription required) (6/26)  | Deliver a Personal Shopping Experience Across Multiple Channels
View this webinar to learn how Moosejaw Mountaineering, an outdoor recreation apparel and gear retailer, gets into the heads of its customers, finds out what they really want, and then engages the customer on a very personal level to deliver a seamless experience across all channels. Click here to view the webinar now. |
  - Urban Outfitters studies Amazon to increase online sales
Urban Outfitters aims to make half of sales online, using tactics that proved successful at Amazon. Strategies include investing in technology that makes it easier for shoppers to sort through merchandise and an expanded distribution system to reduce shipping time, Chief Financial Officer Frank Conforti said. Bloomberg Businessweek (6/26) - Why digital is crucial for bricks-and-mortar retailers
Brick-and-mortar fashion merchants and digital developers are coming together to create new tools designed to drive consumers back to the store. "The reality is that the vast majority of sales are still offline and that's where most impulse purchasing happens, in the physical store," says Forrester Research's Sucharita Mulpuru. Women's Wear Daily (subscription required) (6/27)  | Find your 25th hour — Want to boost your company's productivity? Microsoft is offering a workplace productivity survey to help you discover how to give your people more time to innovate, plus find ways to improve your company's productivity. Get the survey and see how you can get time on your side. |
 | Policy & Government Affairs | |  | | |  |  | We're Not Just Bankers, We're Builders
GE Capital offers businesses and consumers around the globe an array of financial products and services, helping to build businesses through capital, insight, knowledge and expertise. We're not just bankers, we're builders. Visit GE Capital. |
 
| NRF News | | | | - Last chance to share your thoughts on retail's talent challenges
NRF is surveying retail leaders to gain a better understanding of retailers' views on current trends and issues facing our industry, specifically the perception of retail careers and the industry's talent challenges. Results from the survey will help shape a number of NRF priorities and initiatives going forward. The survey, which closes this Friday, June 29, will take about five minutes to complete. Learn more. - Boosters to fences and beyond: How to build a solid ORC case
Before an ORC ring can be brought to justice, it's critical for retailers to understand all the links in the ORC chain to build a sound prosecution strategy. At NRF's Loss Prevention Conference, CVS/Caremark's nationwide manager for organized retail crime was joined by two tenured prosecutors to explain how to lay the groundwork for these complicated cases, and why patience is one of the biggest components of all. Read more. Retail's BIG Blog (6/22)
| Chain Restaurant News | | | | - How 1 small chain came back from bankruptcy
Bugaboo Creek Steak House has emerged from bankruptcy with new owners, a new menu and a not-so-new obstacle -- overcoming the stigma that comes with a bankruptcy filing, says President Christopher Campbell. "I feel a bankruptcy gets more bad press than the company that takes it out [of bankruptcy] and into a positive place. We're still fighting bad publicity." Restaurant Management online (6/26)  | |  | | The Buzz(CORPORATE ANNOUNCEMENTS)
2012 Product Sourcing Survey: Deloitte invites you to participate in this timely survey of apparel, grocery and general merchandise sourcing trends, identifying insights that can drive differentiated products, increased margins, and reduced cycle time. Take the survey and gain insights into retail sourcing trends and the latest strategies.
Interested in learning more about advertising with SmartBrief? Click here for detailed industry information and media kits.  | |  | |  |
| |  | | Position Title | Company Name | Location | | Spirits Buyer | Total Wine & More | Potomac, MD | | Area Director - Specialty Retail | The Container Store | Houston, TX | | Category Buyer | School Outfitters | Cincinnati, OH | | Sr. Merchandise Planner | BevMo! | Concord, CA | | Mobile Retail and Special Projects Manager | LEGO Systems, Inc. | Enfield, CT | | District Manager | Hallmark | Raleigh, NC | | District Manager | Hallmark | New Orleans, LA | | VP eCommerce | Burlington | Burlington, NJ | | eCommerce Merchandise Manager | Gorsuch | Vail, CO | | VP DMM Ladies Shoes | Burlington | Burlington, NJ | | Divisional Vice President, Marketing - Customer | REI | Kent, WA | | Divisional Vice President, Marketing - Brand Creative | REI | Kent, WA | | Sr. Analyst, Customer Analytics | REI | Kent, WA | | Sr. Site Manager, Shopping Experience | Apple, Inc. | Cupertino, CA | | DMM | Francesca's Collections | Houston, TX | | Manager, Information Systems Audit | PetSmart, Inc | Phoenix, AZ | | Associate Buyer - Toys | Shopko | Green Bay, WI | | Divisional Private Brand Manager - Ladies | Shopko | Green Bay, WI | | Planner | Bed Bath & Beyond | Union, NJ | | Merchandise Planning Manager | Spirit Halloween | Egg Harbor Township, NJ | | | Click here to view more job listings. | | |
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Almost 50% of consumers said they will do more comparative shopping with ad circulars and newspapers for back-to-school items this year.. Source: 
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