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March 22, 2013

  Top Story 
  • USA Outlet Shopping Festival will debut Memorial Day
    The Outlet Marketing Alliance and Shop America Alliance will kick off the first USA Outlet Shopping Festival this Memorial Day weekend. It will be a nationwide event featured with special deals and promotions. It is expected to be an annual event. SCT Newswire (3/21) Email this Story
  Industry Tracker 
  • Other News
  Retail News 
  • Smartphones turn shoppers away from impulse buys
    Shoppers who used to thumb through a magazine or get a sudden candy-bar craving at the checkout counter are more likely these days to whip out their smartphones to text and tweet while waiting to pay. This trend has Hearst, Coca-Cola and others looking for new spots in the store to display their impulse items. Those feeling the shift most acutely are "retailers with more traditional checkout experience, with a lot of impulse purchases displayed and long line times," said senior director Artemis Berry. Bloomberg Businessweek (3/21) Email this Story
  • S. Korea's retailers see slow start to 2013
    Sales at South Korea's three biggest discount retailers, E-Mart, Lotte Mart and Homeplus, fell 10.3% in the first two months of the year, and top department stores Lotte, Shinsegae and Hyundai saw a 3.7% drop, according to the Ministry of Knowledge Economy. (China) (3/21) Email this Story
  Business Best Practices 
  • Are you too nice?
    "We want to be nice all of the time, whether at home or at work," writes Amy Keyishian for Forbes, but being too nice at work can be a problem. She lays out nine strategies for overcoming "niceness" in the workplace, including projecting confidence when you feel insecure and invoicing all of your billable hours. Forbes/LearnVest (3/21) Email this Story

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  News from ICSC 
  • 2013 ICSC Foundation Annual Gala Dinner
    The ICSC Foundation, the non-profit public charity of ICSC, will celebrate its 25th Anniversary with a Gala Dinner at Bellagio Hotel & Casino May 19, in conjunction with RECon. The event includes a cocktail reception, dinner and entertainment by comedian impressionist Terry Fator, winner of “America’s Got Talent.” Limited seating tickets are available as well as sponsorship opportunities for companies wishing to invite clients to reserved tables. The ICSC Foundation promotes and rewards community support efforts and provides undergraduate, graduate-level and retail real estate practitioner’s educational scholarships. Buy tickets, sponsorships and ads here. Email this Story
  • Matchmaking portal is the perfect blend for franchise companies
    The IFA and the International Council of Shopping Centers have created an online matchmaking portal designed to streamline franchise companies seeking real estate and landlords and brokers looking for retailers to fill open space. The ICSC/IFA Matchmaking Database contains available retail properties by location, size, ownership/management and demographic information. ICSC and IFA members can post all their available properties and space needs for free by using the "Add/Update Space Requirements" or "Add/Update Your Available Space" buttons available at the site. Go online for more details. Email this Story
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--Richard Needham,
Canadian humorist

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