Thursday, December 1, 2011

Target bets on December discounts to boost holiday sales

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December 1, 2011News for the retail industry

  Top Story 
  • Strong holiday weekend buoys retailers' November sales
    Retailers reported strong November sales growth on Thursday, boosted by the stronger-than-expected Thanksgiving weekend. Companies including Costco, Limited Brands, Macy's, Buckle and Wet Seal beat analysts' expectations for same-store sales growth. "A strong Black Friday punctuated our very positive sales performance throughout November at both Macy's and Bloomingdale's," said Chairman and CEO Terry J. Lundgren. Google/The Associated Press (12/1), The Wall Street Journal (12/1) LinkedInFacebookTwitterEmail this Story
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  Industry Watch 
 
  • Target bets on December discounts to boost holiday sales
    Target aims to boost holiday sales and win back some of the market share it lost to Toys R Us last year with deep discounts on hot toys and other items throughout December. Target sells between 35% and 40% of its toys in November and December and the chain aims to better the 0.9% December sales increase it reported last year. Reuters (11/30) LinkedInFacebookTwitterEmail this Story
  • Save Mart plans smaller format for Maxx Value
    Save Mart Supermarkets plans to open more Maxx Value Foods stores, but at 20,000 square feet or less and with about 10,000 SKUs. Typical Save Mart stores are about 50,000 square feet, and the retailer opened a 34,000-square-foot Maxx Value store in 2010. "We need to make it smaller because customers really like a smaller footprint," said an executive. Supermarket News (11/30) LinkedInFacebookTwitterEmail this Story
  • Other News
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  Retail trends 
 
  • Most U.S. consumers buy some organic products
    Organic-foods purchases have gone thoroughly mainstream, per a survey carried out by the Organic Trade Association in cooperation with KIWI Magazine, with the data showing that 78% of U.S. households buy at least some organic foods, although the poll did not specify how frequently such purchases are made. The survey looked at the purchasing attitudes and practices of about 1,300 U.S. families. MediaPost Communications/Marketing Daily (11/30) LinkedInFacebookTwitterEmail this Story
  • Does luxury footwear trend have legs?
    Luxury footwear is on the upswing and department stores from Harrods to Neiman Marcus, but industry experts say one of the key things about shoes is how fast trends change. "The type of shoe category du jour is a fashion statement, and I expect this trend to last a few years and then shift elsewhere," said Paula Rosenblum, managing partner at RSR, Miami. Luxury Daily (11/30) LinkedInFacebookTwitterEmail this Story
  • Other News
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  Retail Technology 
 
  • Wal-Mart debuts its first social-gifting app
    Wal-Mart launched a new service called Shopycat, a Facebook application that offers users gift recommendations for friends based on their behavior on the social site. In addition to recommending products the retailer sells, it will also offer up suggestions from more than 20 other merchants including Barnes & Noble, Hot Topic and RedEnvelope. TechCrunch (11/30) LinkedInFacebookTwitterEmail this Story
 
  • Microsoft asks businesses to rethink Kinect
    Microsoft has unveiled a business-centric campaign marketing its Kinect motion-sensing system, which was originally developed for gaming. The campaign pushes the motion sensing device in conjunction with Windows SDK, touting it as a development tool and inviting companies to be inspired by the platform's flexibility. The campaign's focus on imagination is a step forward for Microsoft, which in the past had trouble getting back listing features, writes Scott Gillum. Forbes (11/29) LinkedInFacebookTwitterEmail this Story
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  Main Street 
 
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  NRF News 
  • Why industry executives find value in Retail's BIG Show
    From Steve Sadove at Saks to Stephen Sparrow at SAP, industry executives head to Retail's BIG Show every January in New York for unsurpassed education, countless networking opportunities, and insight into what's on the horizon. In a short video, see why some of the industry's most prominent executives call the BIG Show "the mecca for retail." Read more. Retail's BIG Blog (12/1) LinkedInFacebookTwitterEmail this Story
 
  • How to boost holiday sales with data you already have
    Before shipping deadlines hit in a few weeks, historical patterns show that the next two Mondays may be significant sales days. Shop.org Head of Research Fiona Swerdlow says, "Retailers are sitting on a gold mine of sales data garnered over Black Friday weekend and Cyber Monday, which they should now use to make the most of the next few weeks." In a recent post on the Shop.org blog, Swerdlow shares 3 tactics to use now to boost sales between now and Dec. 24 with existing data. Read more. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
  • San Francisco's "Happy Meal" toy ban starts today
    McDonald's is no longer offering free toys with its Happy Meals in San Francisco to comply with a new city law that takes effect today, but the chain plans to sell toys for 10 cents upon request, with the proceeds going to support its Ronald McDonald House charity. The city won national attention for the ordinance, and similar measures are now pending in New York and Michigan. San Francisco Chronicle (11/30), Bloomberg Businessweek (11/30) LinkedInFacebookTwitterEmail this Story
  • Restaurants see a strong start to the holiday season
    Black Friday food and drink sales rose 11.7% compared with the same day last year, according to First Data. Quickservice chains can build business by encouraging consumers to "skip brown bagging," said an official with WorkPlace Media, which teamed with Technomic on a report finding people with jobs are 50% more likely to dine out over the holiday season compared with the rest of the year. QSR Magazine (11/2011) LinkedInFacebookTwitterEmail this Story
Wal-Mart, DSW and Winn-Dixie showcase solutions at Retail’s BIG Show
With 400+ exhibitors at Retail’s BIG Show, Jan. 15-18 in New York City, you’ll have ample opportunities to see cutting-edge solutions in action. Retailers get a free pass to the EXPO and programming on the EXPO floor. Register now.
 
Position TitleCompany NameLocation
Sales Associate - Contemporary, Women's Designer, JewelrySaks Fifth AvenueNaples, FL
Director, Marketing AnalyticsSaks Fifth AvenueNew York, NY
Coordinator, Communications and Public AffairsNational Retail FederationWashington, DC
Assistant General ManagerSaks Fifth AvenueTulsa, OK
Brand Ambassadors- Escada, Cartier and BurberrySaks Fifth AvenueTulsa, TX
Personal Shopper/Stylist - Saks "Fifth Avenue Club" ConsultantSaks Fifth AvenueSarasota, FL
Director of Learning and DevelopmentBurlington Coat FactoryBurlington, NJ
Director of Store OperationsFrancesca's CollectionsHouston, TX
VP DMM BoysBurlington Coat FactoryBurlington, NJ
Manager, Retail Communications/TrainingL.L. BeanFreeport, ME
Director, International Government AffairThe Clorox CompanyOakland, CA
Paralegal IIIThe Clorox CompanyOakland, CA
Alterations AssociateSaks Fifth AvenueMiami , FL
Click here to view more job listings.

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  SmartQuote 
A failure is not always a mistake, it may simply be the best one can do under the circumstances. The real mistake is to stop trying."
--B.F. Skinner,
American psychologist, inventor and author


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