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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
Why Platform Matters When Choosing an ERP System
In order to survive, grow, and compete in the digital age, organizations need an ERP that is highly flexible and able to adapt. So, what are the tough platform questions you should ask yourself when shopping for an ERP?
Download the report to find out!
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  Industry Tracker 
 
  • Other News
Without RFID, Inventory Accuracy is Poor
RFID gives brick-and-mortar retailers the data-driven insights that online retailers leverage every day. RFID-based inventory management delivers benefits to retailers, including significant revenue and gross margin uplift, enhanced customer service, confident omni-channel execution, and business insight from inventory analytics. Learn more in this free white paper.
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  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 Shop.org 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. Xinhuanet.com (China) (3/21) Email this Story
Get with the flow. How payment processing affects cash flow.
Cash flow is the lubricant of business. Without a healthy cash flow, business dries up. It stops. It can't function. Which is why it is vital to keep the revenues coming in as the expenses go out. But there's one aspect of cash flow that many of us are not aware of. It is how managing credit cards and other such non-cash payments affect cash flow. Turns out it has a huge affect. Download the free guide today.
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  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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  SmartQuote 
People who are brutally honest get more satisfaction out of the brutality than out of the honesty."
--Richard Needham,
Canadian humorist


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