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January 2, 2013

  Top Story 
 

It's the New Year! What's YOUR Secret Weapon for Success in 2013? "The Wall Street Journal reports that play areas are malls' new secret weapon for luring shoppers," says David O'Niones, VP Retail, as he reviews the most innovative playscapes in 2012 from retail leaders and newcomers across the industry, and previews what's next. More
  Industry Tracker 
 
  • Feil puts two Fort Wayne retail centers on the market
    The Feil Organization has put two shopping centers in Fort Waye, Ind., on the market. It is being represented by NAI Harding Dahm. The retail centers are the Parkwest Center, listed for $10 million, and the Pine Valley Shopping Center, which is listed for $8 million. REJournals.com (12/31) Email this Story
5 Ways to Win & Keep Financial Customers
View our on-demand webinar to identify high-risk switchers and easily find households with the highest market potential for specific financial products and services. Plus, learn how demographics, attitudes and behavioral insights can enhance the efficiency of your marketing initiatives!
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  Retail News 
  • Analysts: December sales may disappoint
    Retailers are likely to report lower-than-expected same-store sales results for December later this week, a sign that customers held back at the end of the holiday season. The aftermath of Hurricane Sandy, the tragedy of the Newtown, Conn., school shootings and concerns about the "fiscal cliff" probably put a damper on December, analysts say. The Wall Street Journal/Dow Jones Newswires (12/31) Email this Story
  • L’Oréal Paris finds India ripe for growth
    L’Oréal Paris opened its first standalone makeup store in Mumbai in 2010, and the brand has expanded its retail presence in India since then with in-store shops in department stores and plans to expand to new cities. India is seeing growth in luxury cosmetics at a time when sales in other Asian markets have begun to slow, according to Euromonitor data. LiveMint.com/The Wall Street Journal (India) (1/1) Email this Story
  • Retailers say "return fraud" costs them billions
    Retailers are getting ready for a rush of post-holiday product returns, with nearly 1 in 20 expected to be fraudulent. Such returns, in which customers return used or stolen items or produce counterfeit receipts -- is estimated to cost retailers $8.9 billion in 2012, with almost 30% of fraud occurring during the holiday season. Bloomberg Businessweek (12/30) Email this Story
  Finance & Economics 
  • "Fiscal cliff" compromise comes with some business perks
    A deal to avoid the "fiscal cliff" includes some tax breaks that will let many enterprises breathe a bit easier in the short run, including tax incentives for making improvements to stores and restaurants. "This agreement might not be seen as perfect by everyone, but it gives American consumers and businesses the certainty they need to put worries over this issue behind them," said National Retail Federation President and CEO Matthew Shay. Reuters (1/2) Email this Story
  Business Best Practices 
  News from ICSC 
  • ICSC University of Shopping Centers
    The ICSC University of Shopping Centers is the most complete retail real estate educational program available. Held on the campus of the Wharton School of the University of Pennsylvania in Philadelphia March 4 to 6, 2013, this is the largest annual educational event offered by the ICSC. A distinguished faculty of over 80 industry leaders and experienced practitioners, including a cadre of distinguished Wharton School Professors. Courses in three levels of study: Executive, Advanced, and Fundamental. Numerous networking opportunities. Sixty courses in subjects including Asset Management, Property Management; General Studies; Marketing; Leasing; Development, Design and Construction; Law; Finance; Retailing. Real-world examples and practical solutions make this a must-attend event.

    Participants can personalize their University experience. Attend as few as one class or as many as six. Attend any six courses for as little as $140 per class. For more information, go to www.icsc.org/2013UV or contact ICSC's Madison Gross at (646) 728-3461 or mgross@icsc.org. Email this Story
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  SmartQuote 
There is no delight in owning anything unshared."
--Seneca the Younger,
Roman philosopher and playwright


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