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January 23, 2013News for the retail industry

  Top Story 
 
Integrating Multi-Channel Processes for an Efficient Supply Chain
The Men's Wearhouse successfully integrated multi-channel processes under one division to reduce labor and inventory costs, improve inventory accuracy and visibility, more efficiently use temporary workers, and improve customer satisfaction through increased on-time performance and delivery. Download our case study to find out how they did it.
  Industry Watch 
  • PetSmart promotes president to CEO post
    PetSmart has named president and chief operating officer David K. Lenhardt as its new chief executive officer, replacing CEO Bob Moran who will stay on as chairman of the board. Lendhardt, who joined the company 13 years ago after a career in investment banking, will also take a seat on the board. The Wall Street Journal (1/22) LinkedInFacebookTwitterEmail this Story
  • Other News
Is Pricing Low Your Strategy to Success? Think again.
Pricing is the heart of a business. It affects everything you do and is affected by everything you do. Economists talk of supply and demand as key factors behind pricing—successful entrepreneurs manipulate demand by making their products more desirable. These six steps will help you determine the right price for your product or service, read the article and learn how to get pricing right.

  Retail Trends 
 
  • The changing world of retail pricing
    Retailers have more tools than ever to help them set optimum prices, and the successful ones are investing in tools and separate pricing teams to get it right, said RSR Research's Nikki Baird during a panel at Retail's BIG Show. "There are no retailers in the world who have ever succeeded who have disregarded the behavior of customers and the presence of competition," said retail veteran turned professor Mark Cohen. Forbes (1/22) LinkedInFacebookTwitterEmail this Story
 
A Retailer's Guide to 'Demand-Driven' (+Gartner Research)
Consumers today have access to endless input and decide in moments. Discover how the demand-driven supply chain responds quickly to changing consumer preferences and supports demand shaping, while pre-emptively positioning inventory. This has far-reaching impacts on the enterprise and supplier community, not to mention the top and bottom line.

  Retail Technology 
  • Why tech vendors kick off the year at NRF show
    Tech vendors say their annual treks to Retail's BIG Show offer a chance to show off the latest new things to existing retail clients while reaching out to potential new customers. "There are so many big retailers here and we absolutely can't touch everybody all the time, all year long, so being here is really important," said NEC Display Solutions' sales director Christopher A. Sullivan. Multichannel Merchant (1/21) LinkedInFacebookTwitterEmail this Story
 
  Main Street 
 
  • Management skills your employees will appreciate
    Managers who are overly authoritative or controlling risk embittering the employees they oversee, writes Victor Lipman. For this reason, it's important for managers to be calm, caring and focused on communication. "When companies are concerned about turnover, productivity, and chronically high levels of employee disengagement, they need to look thoughtfully at how they're selecting and training their managers," he writes. Forbes (1/18) LinkedInFacebookTwitterEmail this Story
Transformational Journeys: Modern Business Planning
Harvard Business Review explores why CFO's and their finance organizations must adapt to the changing landscape of their markets and how big data, organizational collaboration, and new cloud-based planning and analysis technologies are driving successful change.
Click here to access the report.

  NRF News 
  • Ready, set ... Will you be ready for the Affordable Care Act?
    Good insurance coverage isn’t enough for employers to avoid penalties once each part of the Affordable Care Act goes into effect -- especially if an employee’s share of the premium exceeds a certain income level. NRF Vice President and Employee Benefits Policy Council Neil Trautwein will cover key provisions like this one in a webinar on Feb. 1, explaining the basics and nuances that all business owners need to know as well as how the law will shape future workforce decisions. Learn more or register. LinkedInFacebookTwitterEmail this Story
  • NRF SmartStat: Jan. 23, 2013
    27,600 people attended Retail’s BIG Show in 2013, surpassing last year’s record-breaking mark of 25,500. Source: NRF. LinkedInFacebookTwitterEmail this Story
 
  • Same-day delivery: How it's transformed retail
    Pioneered by Circuit City in 1999, the concept of same-day delivery and in-store pick-up is not new. But as more multichannel retailers have burst on to the retail scene, brands are embracing the move to implement optimized and streamlined delivery services. In a post on the Shop.org blog, Executive Director Vicki Cantrell explains how this tactic isn’t only boosting sales online, but in-store sales as well. Read more. Shop.org Blog (12/13) LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF | Govt Relations | NRF Events | STORES | NRF Foundation

  Chain Restaurant News 
  • Restaurants look to smaller spaces for growth
    Tighter post-recession lending rules and rising labor costs as the Affordable Healthcare Act takes effect have some restaurant chains trying out smaller spaces. Chains including Burger King, Pizza Hut and Philly Pretzel Factory are seeing success with smaller units and kiosks that appeal to franchisees because they cost less to open and require fewer workers than full-line restaurants. The Wall Street Journal (1/22) LinkedInFacebookTwitterEmail this Story
  • Other News
 
Position TitleCompany NameLocation
Assistant BuyerEverything But WaterOrlando, FL
Merchandise BuyerEverything But WaterOrlando, FL
Marketing Manager GFS Marketplace Grand Rapids , MI
Vice President of StoresKitchen & CompanyWilmington, DE
Selling Manager - Women's ShoesSaks Fifth AvenueMiami / Dadeland, FL
Brand AmbassadorSaks Fifth AvenueBal Harbour, FL
Immediate Opening for Experienced Transactional Real Estate Attorney ConfidentialSan Francisco, CA
Safety Program Manager CarMaxRichmond, VA
Century 21 Department Stores eCommerce Project ManagerCentury 21Secaucus, NJ
BuyerCentury 21 Department Storesnew york city, NY
Oracle Merchandise Operations Management Consultants Oracle America IncNationwide, United States
Vice President of MarketingSleep ExpertsCarrollton, TX
Director of MarketingSaks Fifth AvenueHuntington Station - Long Island, NY
VP MarketingLittle SwitzerlandSt. Thomas, USA Virgin Islands
Journeyman Meat Cutter - Indianapolis MarketMeijerGreenwood, IN
Click here to view more job listings.

  SmartQuote 
Lend yourself to others, but give yourself to yourself."
--Michel de Montaigne,
French writer


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