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October 3, 2012News for the retail industry

  Top Story 
 
  • J.C. Penney chief sees better days ahead
    Customers will begin embracing the reinvented brand and its 100 shops-within-a-store concept by the time J.C. Penney's radical transformation hits the one-year mark on Feb. 1, CEO Ron Johnson said at a fashion industry luncheon on Tuesday. "Market share will come broadly as people shop," he said. Women's Wear Daily (subscription required) (10/2), The Wall Street Journal (10/2) LinkedInFacebookTwitterEmail this Story
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  Industry Watch 
  • Amazon's success forces retailers to change, analysts say
    Amazon's stellar e-commerce success is revolutionizing retail and forcing merchants worldwide to change to stay competitive, analysts said. The company pioneered features including free shipping, online loyalty programs and video merchandising that are increasingly must-haves for online retailers. Women's Wear Daily (subscription required) (10/2) LinkedInFacebookTwitterEmail this Story
  • IKEA sees appeal widen among age groups
    IKEA may be seen by many as an affordable source of college dorm furniture, but the brand is increasingly appealing to bigger-spending homeowners looking to furnish living rooms and bedrooms and redo kitchens, IKEA USA President Mike Ward said in this CNBC interview. CNBC (10/1) LinkedInFacebookTwitterEmail this Story
 
  • Best Buy founder moves ahead with due diligence
    Best Buy founder Richard Schulze reportedly is examining the chain's books along with at least four private equity firms that might consider financing an $11 billion buyout of the consumer electronics retailer. The plan is in its early stages, and to succeed, Schulze and his partners would likely need to devise a credible strategy for turning around the company's fortunes. Reuters (10/3) LinkedInFacebookTwitterEmail this Story
  • Other News
  Retail Trends 
  • Why retailers care more about consumer confidence than showrooming
    Retail CFOs are much more focused on how consumer confidence will affect spending than they are about the much-publicized showrooming trend, according to a poll from BDO USA. "Retailers are focusing on that customer experience and customer service aspect that many consumers will value, the key is how much will consumers value it over a bottom line price," said BDO partner Stephen Wyss. Chicago Tribune/Reuters (free registration) (10/2) LinkedInFacebookTwitterEmail this Story
  Retail Technology 
  • New generation of apps help shoppers stay organized
    Organization experts advise consumers to use the methods that work best for them, whether it's old-fashioned spreadsheets or newfangled mobile applications. A new slew of apps aim to aid shoppers with everything from budgeting and tracking spending to making sure shoppers check their lists twice this holiday season. USA TODAY (10/2) LinkedInFacebookTwitterEmail this Story
  Policy & Government Affairs 
  • How the election will affect retailers' holiday campaigns
    National retailers that typically go all out with holiday commercials around Nov. 1 will hold off until after the presidential election in many markets this year to avoid the risk of paying premium prices to be heard among the plethora of campaign messages. "Absolutely, if they can, they'll stay away from the swing states until right after the election," said NRF SVP Mike Gatti. Advertising Age (tiered subscription model) (10/2) LinkedInFacebookTwitterEmail this Story
  NRF News 
  • 3 issues retail HR executives need to watch in 2012
    Senior human resources and employment law executives from some of the nation’s top companies, including Ann Inc., Domino’s, Neiman Marcus, Nordstrom, Pier 1 Imports, Ross Stores and Winn-Dixie, will gather in Dallas next week to hear industry leaders discuss best practices for managing employer-employee relations at NRF’s Human Resources Executives Summit. Top issues on their minds? Labor, health care and immigration. Read more. Retail's BIG Blog (10/3) LinkedInFacebookTwitterEmail this Story
 
  • NRF to federal court: Federal Reserve set debit card swipe fees too high
    NRF’s attorneys presented oral arguments yesterday before the U.S. District Court to express concern that the Federal Reserve overstepped its authority in writing regulations to implement a 2010 swipe fee reform law. The arguments turned on whether the language written by Congress was sufficiently precise and the extent, if any, to which the Fed had room to interpret the language which called for swipe fees that are “reasonable” and “proportional” to banks’ actual costs of processing debit card transactions. Read more. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
  • CEO: Darden on track to add 50,000 jobs
    Red Lobster parent Darden Restaurants expects to open about 500 new eateries in the next five years, and each location will employ about 100 people for a total of 50,000 new jobs, CEO Clarence Otis Jr. said in a presentation this week. Darden currently employs about 185,000 people at its 2,000 restaurants and Orlando, Fla., headquarters. American City Business Journals/Orlando, Fla. (10/2) LinkedInFacebookTwitterEmail this Story
 
Position TitleCompany NameLocation
Retail Associate Merchandise ManagerHallmarkKansas City, MO
Senior Vice President of MarketingTotal Wine & MorePotomac, MD
Director of MarketingSaks Fifth AvenuePalm Beach Gardens, FL
Brand Ambassador - Chanel Ready-To-WearSaks Fifth AvenueMiami - Dadeland, FL
Regional Human Resouces ManagerSpencer Gifts/Spirit HalloweenSan Francisco Bay Area, CA
Director of Business IntelligenceGolfsmith International Austin, TX
Executive AssistantTracyLockeWilton, CT
Associate BuyerFloor and Decor Smyrna, GA
Associate Buyer, Children's BooksBarnes & Noble Inc.New York, NY
BuyerBarnes & Noble Inc.New York, NY
Corporate Safety ManagerOfficeMaxNaperville, IL
Click here to view more job listings.

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  SmartQuote 
There is nothing so agonizing to the fine skin of vanity as the application of a rough truth."
--Edward Bulwer-Lytton,
British politician, poet, playwright and novelist


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