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December 4, 2012News for the retail industry

  Top Story 
 
  • Saks CEO shares insight into 21st-century luxury
    Saks depends on personal shoppers to strengthen and maintain relationships with its top customers and uses websites instead of a slew of brick-and-mortar stores to build sales overseas, CEO Stephen Sadove said during his "Saks Fifth Avenue: One-of-a-Kind Luxury in the 21st Century" talk at City University of New York on Friday. The retailer's $3.5 billion piece of the luxury retail market has rebounded since the recession, he said. Women's Wear Daily (subscription required) (12/3) LinkedInFacebookTwitterEmail this Story
2012 Holiday Pricing and Forecasts by Category
2012 seasonal prices are trending notably differently than they were in 2011. This report, which provides 13 charts showing the pricing trends of 2012 compared to 2011, provides information to help retailers forecast pricing to obtain their desired market position. Learn more.
  Industry Watch 
  • Uniqlo parent to pay $300 million for J Brand stake
    Japan's Fast Retailing will acquire 80.1% of US luxury denim maker J Brand Holdings from private-equity firm Star Avenue Capital, in a deal valued at about $300 million. J Brand's high-end jeans are sold at upscale retailers including Barneys New York, Saks Fifth Avenue and Harvey Nichols. MarketWatch (11/30) LinkedInFacebookTwitterEmail this Story
  Retail Trends 
  • How hotel retail is evolving with pop-up shops, experiences
    When hotels create stores, they aren't just looking to sell merchandise. Instead, pop-up shops in places such as Miami's James Royal Palm hotel are looking to provide guests and customers with an experience. The shop, dubbed "Give," is loaded with merchandise with proceeds that help others. Another example of a niche store is at Hotel Terra Jackson Hole, in Wyoming, which features goods made by local artists. USA Today (12/3) LinkedInFacebookTwitterEmail this Story
  • Which digital trends will drive retail in 2013?
    Retailers including Macy's, Saks, Nordstrom, Wal-Mart and Starbucks have crafted winning digital strategies by putting the customer first, according to this story, which takes a look at what's next in the new year. Among the top predictions for 2013: merchants will continue to find new ways to integrate mobile, find ways to use big data to their advantage and perfect the art of the social media conversation. STORES magazine (11/2012) LinkedInFacebookTwitterEmail this Story
  Retail Technology 
  • What is Twitter's role in a digital retail world?
    Merchants of all sizes are finding, and sometimes innovating, new ways to use Twitter to reach prospective customers, drive traffic to their stores and encourage brand fans to spread the word to others, explains Global VP Richard Alfonsi. "Regardless of the goal, authenticity is key. If you think about the image you want to project, the voice you want to use, and are doing that in a natural way that’s engaging with your customer base, that is what resonates and generates success for a business." Retail's BIG Blog (11/27) LinkedInFacebookTwitterEmail this Story
 
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  NRF News 
  • Return fraud to cost retailers an estimated $2.9 billion this holiday
    Each year, criminals conjure sophisticated methods to dupe retailers into buying back fraudulent merchandise. NRF’s 2012 Return Fraud Survey found that the industry will lose as much as $8.9 billion to return fraud this year, with losses in the holiday season reaching $2.9 billion alone. For the first time in the survey’s history, retail loss prevention executives were also asked about the impact of e-receipts on return fraud, with almost 20% saying they have dealt with fraudulent digital receipts. Read more. LinkedInFacebookTwitterEmail this Story
 
  • NRF reinforces call for Obama’s intervention in West Coast port strike
    Entering a full week of picketing that has shut down the ports of Los Angeles and Long Beach, NRF President and CEO Matthew Shay reaffirmed the need for the Administration to arbitrate stalled negotiations between Office Clerical Unit of ILWU Local 63 and the Los Angeles-Long Beach Harbor Employers Association. “The Obama Administration needs to show leadership and resolve to get the ports operational again and prevent any further economic damage,” Shay said. Read more LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF | Govt Relations | NRF Events | STORES | NRF Foundation

  Chain Restaurant News 
  • Eateries aim to capture more holiday dollars
    Restaurant gift cards are available in more places than ever before, and restaurants are ramping up their efforts to compete for holiday shoppers this year with perks including a free Taco Bell item for every $20 spent on gift cards. More than a third of shoppers say they'll give restaurant gift cards this year, according to NRF surveys. CNBC (12/3) LinkedInFacebookTwitterEmail this Story
  • Applebee's to open NYC's "greenest" eatery
    Applebee's new restaurant in New York City's East Harlem neighborhood is being billed as the city's most sustainable restaurant. The eatery, which cost $4 million to build, will include rainwater harvesting on the roof and waterless urinals that conserve about 40,000 gallons of water each year. New York Post (12/2) LinkedInFacebookTwitterEmail this Story
 
Position TitleCompany NameLocation
Director, Event Licensing & Direct to RetailViacomNew York, NY
Manager, Vendor ManagementPetSmartPhoenix, AZ
Director- Financial Planning & AnalysisBurlington Coat FactoryBurlington, NJ
Director of PayrollBurlington Coat FactoryBurlington, NJ
Strategic Sourcing Manager - Indirect CategoriesRoss Stores Inc.Pleasanton, CA
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
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 
It is astonishing what force, purity and wisdom it requires for a human being to keep clear of falsehoods."
--Margaret Fuller,
American journalist and women's rights activist


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