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January 27, 2012News for the retail industry

  Top Story 
 
  • CEO: Penney's transformation won't bite bottom line
    J.C. Penney won't borrow to fund the $800 million transformation it detailed earlier this week, and the company doesn't expect the investment to have a negative impact on profits this year, CEO Ron Johnson told analysts Thursday. "We are fundamentally reimagining every aspect of our business and we fully expect the bold and strategic changes we are making to our operations will result in improved profitability." The Wall Street Journal (1/27) LinkedInFacebookTwitterEmail this Story
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  Industry Watch 
 
  • Towns fight to keep their local Sears stores
    Many of the Sears stores slated for closure this year are located in small towns where they're one of a handful of shopping options. Officials in at least four such towns are using petitions, rallies and even the offer of tax incentives to convince Sears Holdings to keep their stores open, but so far the company is holding firm to its plan to close the underperforming locations. The Huffington Post (1/26) LinkedInFacebookTwitterEmail this Story
  • Bottom Dollar debuts in Pittsburgh
    The Pittsburgh region is blanketed with ads for Bottom Dollar Food, which will have 14 stores there by the end of February. The chain, which saves money by stocking goods still in boxes and charging for grocery bags, sells fresh produce and national and private-label brands at 18,000-square-foot stores. Pittsburgh Post-Gazette (1/26) LinkedInFacebookTwitterEmail this Story
  • Rugged Bear brand makes a comeback
    Rugged Bear, the upscale children's clothing retailer that closed its stores last year, is planning a return of the brand with new lines set to debut in July at U.S. department stores including Von Maur, Peebles and Lord & Taylor. Private-equity firm TRB Acquisitions purchased the rights to the brand, which operated 29 retail stores in six Northeast states before filing for bankruptcy a year ago. The Hartford Courant (Conn.) (1/26) LinkedInFacebookTwitterEmail this Story
  • J. Crew turns its hand to haberdashery
    J.Crew will open a new shop next month centered on its popular Ludlow men's suit. The 2,100-square-foot Ludlow Shop in New York City's TriBeCa neighborhood will have a tailor on staff and will also sell Thomas Mason shirts, ties and Italian leather shoes. Women's Wear Daily (subscription required) (1/26) LinkedInFacebookTwitterEmail this Story
A Retailer's Guide to 'Demand-Driven' (+Gartner Research)
Consumers today have access to endless input and decide in moments. Discover how the demand-driven supply chain responds quickly to changing consumer preferences and supports demand shaping, while pre-emptively positioning inventory. This has far-reaching impacts on the enterprise and supplier community, not to mention the top and bottom line.

  Retail trends 
 
  • Better times for home-improvement chains
    Lowe's and Home Depot are seeing signs of a turnaround, as new-home construction starts to pick up and more consumers spend on home-improvement projects and big-ticket appliances. Home-improvement spending rose 4.3% in the three-month period ending last November, according to the Census Department. The Wall Street Journal (1/27) LinkedInFacebookTwitterEmail this Story
Transformational Journeys: Modern Business Planning
Harvard Business Review explores why CFO's and their finance organizations must adapt to the changing landscape of their markets and how big data, organizational collaboration, and new cloud-based planning and analysis technologies are driving successful change.
Click here to access the report.

  Retail Technology 
 
  • Signature app acts as in-store personal shopper
    Startup Signature launched a mobile application this week that aims to give retailers a way to offer customers personalized shopping services while in their stores. The app sends users updates on new products from preferred brands, information on in-store events and notifies users when new products arrive on the selling floor. TechCrunch (1/26) LinkedInFacebookTwitterEmail this Story
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  NRF News 
  • Ahead of primary, NRF CEO addresses Florida business leaders on retail's economic impact
    "The Republican presidential candidates aren't the only ones campaigning this week in Florida on the platform of economic growth and job creation," NRF President and CEO Matthew Shay shared with Florida business leaders this week. Shay underscored the important role the retail industry plays in powering the economy, which supports one in four Florida jobs, during two Retail Means Jobs speeches this week in Orlando -- a week before the Florida Republican presidential primary. Read more. LinkedInFacebookTwitterEmail this Story
  • NRF SmartStat: Jan. 27, 2012
    More than 7,700 people are connected to NRF through LinkedIn. View the page. LinkedInFacebookTwitterEmail this Story
 
  • Retail loss prevention execs to head to New Orleans for NRF's 2012 event
    Registration is officially open for the NRF Loss Prevention Conference & EXPO, June 20 to 22 in New Orleans -- and each year, hundreds of retail's top brands attend. For the 2012 event, thousands of top LP professionals and industry partners will head to the Big Easy this summer to network and learn about emerging LP trends and technologies. Register by Feb. 3 and save more than $400. Learn more. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
The Buzz(CORPORATE ANNOUNCEMENTS)

New RSR Research: Retailers Turn to eCommerce as Digital Channels Platform. Retailers, both online pureplays and traditional retailers, increasingly rely on their eCommerce platform as their central digital face to the customer, according to a new study, “eCommerce 2012: Back to the Future”, by RSR Research. Free download (registration required).

Interested in learning more about advertising with SmartBrief? Click here for detailed industry information and media kits.  

 
Position TitleCompany NameLocation
Divisional Merchandise ManagerWest MarineWatsonville, CA
Marketing ManagerWest MarineWatsonville, CA
Retail Analytics SpecialistQuantiSenseAtlanta, GA
Footwear BuyerBig 5 Sporting GoodsEl Segundo, CA
Merchandising DirectorStein MartNew York, NY
Corporate Retail Visual Presentation ManagerSoft SurroundingsSt. Louis, MO
VP, Division Planning ManagerThe Bon Ton Stores, Inc.Milwaukee, WI
Buyer - Men's Personal FurnishingsBurlington Coat FactoryBurlington, NJ
Director of Procurement ServicesBurlington Coat FactoryBurlington, NJ
VP eCommerceBurlington Coat FactoryBurlington, NJ
Contract Recruiter - MerchandisingBurlington Coat FactoryBurlington, NJ
Merchandise Manager - HousewaresPier 1 ImportsDallas / Ft. Worth, TX
Software DeveloperPetSmartPhoenix, AZ
Business DeveloperIKEA Trading Services Inc.Houston, TX
Assistant ControllerBrooks BrothersEnfield, CT
DVP Spirit Halloween Marketing, Licensing & Creative ServicesSpirit HalloweenEgg Harbor Township, NJ
Sr. Director, Store Planning and ConstructionSpencer Gifts/Spirit HalloweenEgg Harbor Township, NJ
Regional Manager (West)Perry Ellis InternationalDallas, TX
BuyerBed, Bath & BeyondUnion, NJ
Assistant (Associate) Buyers - Brick & Mortar and EcommerceKohl's Department StoresMilwaukee, WI
Director eCommerce OperationsPier 1 ImportsFt. Worth, TX
Sales AssociateSaks Fifth AvenueNaples, FL
Merchandise Planner-Contemporary HandbagsSaks Fifth AvenueNew York , NY
Merchandise Planner-Designer ShoesSaks Fifth AvenueNew York , NY
Divisional PlannerBurlington Coat FactoryBurlington, NJ
Click here to view more job listings.

  SmartQuote 
I am sustained by the tranquility of an upright and loyal heart."
--Peter Stuyvesant,
Dutch-American statesman


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