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December 5, 2012News for the retail industry

  Top Story 
 
  • Union, West Coast ports reach agreement to end strike
    After a marathon session of negotiations, union leaders reached a tentative agreement with the ports of Los Angeles and Long Beach that will send clerical workers back to their jobs after a week-long strike. "The national economy is still trying to get on its feet and this strike would have been decidedly unhelpful," said trade economist Jack O'Connell. Los Angeles Times (tiered subscription model) (12/4) LinkedInFacebookTwitterEmail this Story
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  Industry Watch 
 
  • Bergdorf Goodman names 3 to executive posts
      
    Reuters
    Tracy Margolies leaves Saks to return to Bergdorf Goodman as senior vice president and merchandise manager for several women's apparel and accessories categories, one of three executive appointments announced Tuesday. The luxury department store also promoted Elizabeth Hui von der Goltz to senior vice president and hired John Capizzi as vice president and general manager. Women's Wear Daily (subscription required) (12/4) LinkedInFacebookTwitterEmail this Story

  • Will 2013 bring faster growth for Lululemon?
    Vancouver-based Lululemon Athletica's sales and popularity exploded as the brand took pricey yoga togs mainstream, but analysts say the retailer may be poised for even bigger growth next year. Manufacturers will increase production for the growing retailer in 2013, a shift that will help the brand overcome inventory issues and keep up with demand. Financial Post (Canada) (12/4) LinkedInFacebookTwitterEmail this Story
  • J.Crew investor may acquire Topshop stake
      
    Reuters
    Sir Philip Green reportedly is in talks to sell a 25% stake in Topshop to private equity firm and J.Crew investor Leonard Green & Partners. The deal would value the entire company at about $1.6 billion, and could be announced as soon as Thursday, sources say. Recently, Topshop opened locations in Chicago and Las Vegas, and a Los Angeles store is planned for 2013. The Wall Street Journal (12/4) LinkedInFacebookTwitterEmail this Story

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  Retail Trends 
  • Survey: Return fraud on the rise as holidays approach
    U.S. retailers expect to lose about $2.88 billion to return fraud this season, according to an NRF survey of loss prevention executives, and new technology that allows for digital receipts and in-store returns of goods purchased online are likely to make the problem worse. “Many shoppers love the convenience and flexibility that digital receipts offer them, and unfortunately criminals are finding ways to manipulate them,” said NRF vice president Rich Mellor. Women's Wear Daily (subscription required) (12/4) LinkedInFacebookTwitterEmail this Story
  • Barbie gets a hardhat as dads buy the toys
    Toy makers are changing their offerings to appeal to the growing number of dads who are doing more of the family gift shopping, with Barbie construction sets and pastel-hued Legos that experts say appeal to girls and have the potential to help them learn spatial relations and improve math and science skills. “Once it’s in the home, dads would very much be able to join in this play that otherwise they might feel is not their territory,” said psychologist and Mattel consultant Maureen O’Brien. The New York Times (tiered subscription model) (12/3) LinkedInFacebookTwitterEmail this Story
  Retail Technology 
  • Macy's debuts screen-on-the-sleeve sweater
    Macy's is promoting a new sweater as part of the Sean John line that comes with a video screen on the sleeve, a video device from Recom Group that can hold up to two hours of footage and run for eight to 10 hours before it needs charging. “I've had guys tell me they wear it in a nightclub and crowds will form around them,” said Recom CEO Rob Norden. MediaPost Communications/Marketing Daily (12/4) LinkedInFacebookTwitterEmail this Story
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  NRF News 
  • NRF welcomes end of port strike
    With assistance from intermediaries, parties at the Ports of Los Angeles and Long Beach negotiated a settlement late last night to bring an end to the week-long strike. Now that the nation’s largest port facility is now reopened, the focus turns to ports along the East and Gulf Coast for a resolution to come before the end of the month. “Retailers, manufacturers and the rest of the business community cannot afford another shutdown,” NRF CEO Matthew Shay said today. “Our economy cannot withstand another port disruption.” Read more. LinkedInFacebookTwitterEmail this Story
 
  • What’s hot in retail (and at NRF)
    From the 2012 elections and fighting for a fiscal cliff fix to a historic Black Friday weekend, last month was a November to remember for the retail industry. Retailers stayed on top of the news by visiting a score of NRF resources, including NRF’s Holiday Headquarters, the projections and results from Black Friday weekend, and NRF’s Holiday Survival Kit in interactive flip book format. Read more. Retail's BIG Blog (12/1) LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF | Govt Relations | NRF Events | STORES | NRF Foundation

  Chain Restaurant News 
  • Darden cuts 2013 outlook as sales fall
    Olive Garden and Red Lobster parent Darden Restaurants cut its sales growth forecast for fiscal year 2013 amid a fall-off in business at its restaurants, CEO Clarence Otis said Tuesday. "Our disappointing results for the quarter point to the need for bolder changes in the promotional approach at our three large brands," he said. The Wall Street Journal (12/4), Reuters (12/4) LinkedInFacebookTwitterEmail this Story
  • Other News
 
Position TitleCompany NameLocation
ASSISTANT GENERAL MANAGER OF MERCHANDISINGSAKS FIFTH AVENUECosta Mesa , CA
ASSISTANT GENERAL MANAGER OF MERCHANDISINGSAKS FIFTH AVENUEPalm Desert, CA
Manager, Vendor ManagementPetSmartPhoenix, AZ
Director, Event Licensing & Direct to RetailViacomNew York, NY
Merchandise Buyer - Multiple Categories, Multiple ChannelsKohl's Department StoresMilwaukee/Menomonee Falls, WI
Merchandise Planner - Multiple CategoriesKohl's Department StoresMenomonee Falls, WI
Senior Supply Chain Solutions Systems Analyst PetSmartPhoenix, AZ
Retail Customer Inventory & Planning Manager LEGO Systems, IncEnfield, CT
Director of Store Systems/ApplicationsThe Vitamin Shoppe North Bergen, NJ
Replenishment Systems ManagerVitamin Shoppe North Bergen , NJ
Director- Financial Planning & AnalysisBurlington Coat FactoryBurlington, NJ
Director of PayrollBurlington Coat FactoryBurlington, NJ
Strategic Sourcing Manager - Indirect CategoriesRoss Stores Inc.Pleasanton, CA
Oracle Retail Technical ConsultantOracle America, Inc.Nationwide, United States
Oracle Retail Business ConsultantOracle America, Inc.Nationwide, United States
Merchandise PlannerLittle SwitzerlandSt. Thomas, USA Virgin Islands
Click here to view more job listings.

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  SmartQuote 
The forceps of our minds are clumsy things and crush the truth a little in the course of taking hold of it."
--H.G. Wells,
British author


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