Thursday, September 1, 2011

Costco co-founder to step down from CEO post on Jan. 1

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September 1, 2011News for the retail industry

  Industry Watch 
 
  • Costco co-founder to step down from CEO post on Jan. 1
    Costco CEO and co-founder Jim Sinegal said he'll step aside as chief on Jan. 1, and will be replaced by current president and COO Craig Jelinek. Sinegal will remain on the chain's board and said he'll remain at the company through 2013 to help with the transition. CNBC/Reuters (8/31) LinkedInFacebookTwitterEmail this Story
  • Toys R Us to cut back on temporary holiday stores
    Toys R Us said Wednesday it will open fewer than the 600 pop-up stores it opened during the holidays last year, but said the exact number hasn't been determined yet. The chain, which operates Babies R Us and FAO Schwarz brands in addition to its namesake stores, filed for an $800 million IPO earlier this year but doesn't plan to go public until 2012. Reuters (8/31) LinkedInFacebookTwitterEmail this Story
  • Other News
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  Retail trends 
 
  • Survey: Specialty online retailers improve in customers' eyes
    Giants Amazon, Wal-Mart and eBay are still the top e-commerce sites in customers' eyes, but specialty merchants have been learning and improving enough to move up STORES' Favorite 50 list. As younger consumers become more focused on value, teen-focused retailer Aeropostale gained favor for offering more online deals and Forever21 jumped ahead by promoting new categories such as plus sizes in its online offerings. STORES magazine (9/2011) LinkedInFacebookTwitterEmail this Story
  • Back-to-school shoppers opt for pens, not iPads
    Parents who fill their local retailers this week in a last-minute rush to make sure their children start school with all the necessary supplies are not likely to head over to the gadget aisles, per research from Publicis Groupe's MediaVest, which says the stress of the rocky economy is prompting parents to pare back their back-to-school shopping lists. Whereas mobile devices for their children were a top priority last year, parents' emphasis this year is on the most basic of supplies and clothing that are being offered on sale or in a discounted fashion. MediaPost Communications/MediaDailyNews (8/31) LinkedInFacebookTwitterEmail this Story
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  Main Street 
  • A hurricane hit your business -- now what?
    Businesses often turn to their insurance policies in the wake of natural disasters, but common mistakes can delay or derail payments, Carol Tice writes. She offers seven tips for navigating the claims process, including resisting the urge to clean up the damage until after an insurance representative checks the site. Also, business owners shouldn't be afraid to appeal a damage estimate they think is too low, Tice advises. Entrepreneur.com/The Daily Dose blog (8/31) LinkedInFacebookTwitterEmail this Story
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  NRF News 
  • Nordstrom, Macy's, GameStop make strides on STORES' Favorite 50 online retailers list
    Amazon.com, Walmart.com and eBay are holding down the top spots on STORES Magazine's Favorite 50 online retailers survey, but a new batch of online companies are making big impressions on online shoppers. According to the 2011 list, Macys.com joined the top 10 for the first time in the survey's history while Nordstrom and GameStop each debuted for the first time. Read more. LinkedInFacebookTwitterEmail this Story
  • NRF SmartStat: Sept. 1, 2011
    Almost 30% of consumers said they would do more comparative shopping online this year for back-to-school items. Source: NRF survey conducted by BIGresearch. LinkedInFacebookTwitterEmail this Story
 
  • September is National Preparedness Month. Are you ready?
    This month, businesses and families are encouraged to set aside time to plan for an event that could cause everything from a disruption in the day-to-day to significant loss of life. In a recent post on Retail&'s BIG Blog, NRF's Joe LaRocca outlines how NRF is working with the U.S. Department of Homeland Security and the Federal Emergency Management Agency to encourage retailers and private citizens to be informed, make a plan and get involved. Read more. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
 
Position TitleCompany NameLocation
Chief Financial Officer (CFO)Forman MillsPennsauken, NJ
Sales Associate Saks Fifth Avenue, Beverly HillsSaks Fifth AvenueBeverly Hills, CA
Selling Manager - ShoesSaks Fifth AvenueNew York, NY
SALES ASSOCIATESAKS FIFTH AVENUESHORT HILLS, NJ
MDSR Buyer-FashionMeijerGrand Rapids, MI
Senior Manager, Training & DevelopmentTotal Wine & MorePotomac, MD
Various Retail Opportunities withinDeloitte Consulting LLPMultiple Locations, United States
Marketing DirectorSaks Fifth AvenueSan Francisco, CA
Merchandise PlannerKohl's Department StoresMenomonee Falls, WI
Assistant BuyerKohl's Department StoreMenomonee Falls, WI
Sales Associates- Saks Fifth Avenue Palm Desert, CASaks Fifth AvenuePalm Desert, CA
Product Creative Design - Manager/SpecialistCabela'sSidney, NE
Program/Engagement ManagerThe Yacobian GroupBoston, MA
IT Business Analyst - eComm / Internet MarketingAcademy Sports & OutdoorsKaty, TX
Merchandise BuyerKohl's Department StoresMilwaukee/Menomonee Falls, WI
Regional Visual TrainerVictoria's SecretDallas/Houston, TX
Director of eCommerce TechnologyMoosejawMadison Heights, MI
Director of StoresA'GACI, LLCSan Antonio, TX
Sr. Internet BuyerTween Brands Direct, LLCNew Albany, OH
Corporate Counsel - Employment LawRoss StoresPleasanton, CA
Loss Prevention Exception Reporting ManagerStein MartJacksonville, Florida, FL
Fashion BuyerTargetMinneapolis, MN
Sales Associates - Saks Fifth Avenue - Career Fair - Chevy Chase, MDSaks Fifth AvenueChevy Chase, MD
VP of Facility Management and SupportAAFESDallas, TX
Regional DirectorFrancesca's CollectionsPhiladelphia, PA
Click here to view more job listings.

The Buzz(CORPORATE ANNOUNCEMENTS)

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  SmartQuote 
Routine is not organization, any more than paralysis is order."
--Arthur Helps,
British writer


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