Monday, December 5, 2011

Macy's CEO shares strategy for Bloomingdale's growth

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December 5, 2011News for the retail industry

  Top Story 
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  Industry Watch 
 
  • Macy's CEO shares strategy for Bloomingdale's growth
    Bloomingdale's is the smaller, upscale sister to 880-store Macy's, but it has been a growth brand and there are plenty of expansion plans. Chairman and CEO Terry Lundgren shares some of his plans for the 41-store chain, including a strategy of expanding into smaller, creatively designed spaces such as a 76,000-square-foot Santa Monica, Calif., store where dressing rooms can be lifted to the ceiling to create floor space for a fashion show. Women's Wear Daily (subscription required) (12/5) LinkedInFacebookTwitterEmail this Story
  • Task force helps Cook County, Ill., merchants fight theft
    Police in Orland Park, Ill., realized during a bust last year that they were hard-pressed to combat the growing sophistication of organized retail thieves. The Cook County Regional Organized Crime task force, which formed a year ago, brings together retailers and law enforcement at the local, state and federal level to fight organized retail theft, and the results were displayed in a recent undercover sting that netted 59 arrests. The New York Times (tiered subscription model) (12/3) LinkedInFacebookTwitterEmail this Story
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  Retail trends 
 
  • Counterfeit goods sellers add new categories
    Most online shoppers are savvy enough by now to avoid buying fake prescription medications and knockoff bags, but there's a new crop of counterfeits. Fake perfumes range from harmless scents to rash-causing chemical concoctions, batteries and extension cords can be dangerous, and knockoff toys that haven't been tested can contain lead and pose choking hazards. The Wall Street Journal (12/4) LinkedInFacebookTwitterEmail this Story
  • Holidays bring an increase of retail crime
    Retailers have already taken a significant hit from organized retail theft this year, and it's slated to get worse as the holiday shopping season heats up. "This year, the indicators we have seen year-to-date all show that retail crime has been on the rise. Organized retail crime, which is professional shoplifting and return fraud, where people return things back to the store, is up," said NRF Vice President Joseph LaRocca. CNBC (12/2) LinkedInFacebookTwitterEmail this Story
  • Other News
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  Retail Technology 
 
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  Main Street 
 
  • Charming Charlie stays focused on growth
    Retail entrepreneur Charlie Chanaratsopon started the Houston-based Charming Charlie jewelry and accessories chain while earning his MBA seven years ago, and the company has since grown to 178 stores in 33 states. After opening the seventh store, Chanaratsopon hit on the concept of grouping merchandise based on color rather than category, a signature style that sets it apart from rivals, one analyst says. Houston Chronicle (12/2) LinkedInFacebookTwitterEmail this Story
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  Hot Topics 

Top five news stories selected by NRF SmartBrief readers in the past week.

  • Results based on number of times each story was clicked by readers.
  Policy & Government Affairs 
  • Column: Why the Fed should cut debit card fees further
    Retailers and shoppers in the midst of the year's biggest selling season are beginning to reap the benefits of an estimated $7 billion in annual savings from lower debit-card fees, but they would be saving twice that if the Federal Reserve had followed Congress' rules, writes NRF general counsel Mallory Duncan. "Fed officials allowed themselves to be influenced by the very banks they are supposed to regulate. We want them to go back and follow the law this time." The Washington Post (12/1) LinkedInFacebookTwitterEmail this Story
 
  Sponsored Content 
 
Most Popular Headlines from Last Week
Results based on number of times each story was clicked by readers.

  NRF News 
 
  • Retail and consumer products: How to prosper in a new era of growth
    Shoppers today are responding differently than in past economic cycles, placing more emphasis on value. These shoppers, aided by the Internet, are smarter and more demanding. In a recent addition to NRF's Retail Reference Center, Jeff Edelman of RSM McCladrey shares how to win over the hearts and minds of your key shoppers by understanding what they want, when they want it and at what price they are willing to pay. Read more. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
  • McDonald's launches online video series in Canada
    McDonald's Canada has created a video series dubbed "The Originals" for viewing on Facebook and YouTube. The series centers on friends Bryce and Jason, a former McDonald's employee, who make the restaurant their "creative HQ" as they write a TV show pitch. BurgerBusiness.com (12/2) LinkedInFacebookTwitterEmail this Story
 
  • Other News
 
Position TitleCompany NameLocation
Footwear BuyerForman MillsPennsauken, NJ
IS Director of OperationsPetSmartPhoenix, AZ
Software Applications Architect-Merch/MarketingPetSmartPhoenix, AZ
Buyer - Women's Accessories and GiftsPier 1 ImportsDallas / Ft. Worth, TX
Mens BuyerBurlington Coat FactoryBurlington, NJ
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
Alterations AssociateSaks Fifth AvenueMiami , FL
VP DMM BoysBurlington Coat FactoryBurlington, NJ
Paralegal IIIThe Clorox CompanyOakland, CA
Click here to view more job listings.

  SmartQuote 
It is better to use fair means and fail, than foul and conquer."
--Sallust,
Roman historian


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