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October 19, 2012

  Top Story 
 
  • Conference panelists: Latin America is prime for retail real estate
    Latin America's growing middle class and healthy macroeconomics make the area fertile ground for retail real estate, and Brazil, Chile, Uruguay and Peru are in the AT Kearney global retail development index's top 10, said officials, including ICSC's vice president of global development Jorge Lizán, at the Conference of the Americas. However, hurdles including fiscal and import restrictions and a shortage of skilled workers still plague the retail industry in Latin America, but efforts such as ICSC's educational programs are helping. SCT Newswire (10/18) Email this Story
It's Time to Engage with Your Customers!
Discover how you can unify customer communications across your organization, connect with customers on any platform and transform every touchpoint into a two-way dialogue. Download Top10 Trends in Customer Engagement to find out how to create a winning customer experience and build customer loyalty!
  Industry Tracker 
  • Ambitious retail project planned for Times Square site
    A Times Square development site in New York City traded for $430 million. The buyers are the Witkoff Group, an investment unit of Vector Group LTD, Maefield Development, Infinity Urban Century and Winthrop Realty Trust. The new owners plan to build a 10-story, 130,000-square-foot retail structure and 500-room hotel tower. CoStar Group (10/17) Email this Story
  • Grocery-anchored retail centers are hot again
    The appeal of grocery-anchored retail centers is returning after national investment sales dropped to $600 million in the first quarter, from $2 billion in the third and fourth quarters of 2011. Two major portfolios have traded, suggesting a resurgence. CoStar Group (10/17) Email this Story
Getting Paid: How to Get Customers to Pay Up
Dealing with the money isn't fun, but it's a necessary evil for staying in business. While every business has their ups and downs, the key to positive cash flow is collecting payments in full and on time to keep the cash coming in as predictably as possible. Seem impossible? Learn how these small-business owners did it.

  Retail News 
 
  • Retailers take aim at online rivals with private labels
    Retailers from Macy's to Family Dollar are fighting off the rising showrooming trend with private-label lines customers won't find anywhere else, industry experts say. "The need to aggressively innovate and develop recognizable brands has resulted in an increased focus on quickly, efficiently and effectively creating products," said Citi analyst Deborah Weinswig. Forbes (10/18) Email this Story
  • Will retailers' anti-showrooming strategy backfire?
    Best Buy and Target both have launched price-matching programs in a push to combat showrooming, but some industry watchers say the devil may be in the details. Both programs require shoppers to not only ask for the lower price but prove on the spot that they can get the item cheaper online. The Wall Street Journal (10/18) Email 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.

  Finance & Economics 
 
  • "Fiscal cliff" could trigger recession, 15 CEOs warn
    The chief executives of 15 of the biggest U.S. financial companies warned in a letter to President Barack Obama and Congress that failure to head off the "fiscal cliff" could lead to a sharp rise in interest rates, a downgrade of America's credit rating and recession. JPMorgan Chase CEO Jamie Dimon said he will "do whatever it takes" to persuade Congress to find a way to prevent massive spending cuts and tax increases from automatically taking effect at the beginning of next year. The Washington Post (10/18), Market News International (10/18), The Hill/On the Money blog (10/18) Email 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.

  Business Best Practices 
 
How to Achieve IT Agility: A Survival Guide for IT Decision Makers
When business teams add new apps and services to already-strained networks, IT departments are accountable for making everything work. Is your team ready for this challenge? Read this eGuide to learn how IT teams are automating their networks, why they're utilizing Ethernet fabrics and SDN, and what success looks like as they regain network control and business relevance.

  SmartQuote 
We wander for distraction, but we travel for fulfillment."
--Hilaire Belloc,
Anglo-French writer and historian


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