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March 25, 2013News for the retail industry

  Top Story 
 
  • Best Buy founder becomes chairman emeritus
    Best Buy founder Richard Schulze has decided to return to the retailer in the role of chairman emeritus, weeks after ending his attempt to assemble an investor group to buy the company. Schulze, the largest shareholder with a 20% stake, also named long-time colleagues Brad Anderson and Al Lenzmeier to the board of directors. The Wall Street Journal (3/25) LinkedInFacebookTwitterEmail this Story
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  Industry Watch 
  • Cabela's works to win over outdoorsy women
    Outdoor gear retailer Cabela's keeps women in mind when it stocks and staffs new stores, such as the one that opened recently in Grandville, Mich., which sells jewelry and pink NRA T-shirts alongside its regular hunting and fishing gear. "Even with camo (camouflage) we are making new designs and cuts that are created specifically for women," said spokesman Wes Remmer. MLive.com (Michigan) (free registration) (3/24) LinkedInFacebookTwitterEmail this Story
  • Mango takes success lessons from Zara
    Inspired by successful Zara and its parent Inditex, Mango has moved away from party dresses to more casual styles, cut prices about 20%, moved to adopt a fast-fashion model and increased efforts to expand outside of Spain. Mango, which plans to open 300 new stores this year, has also added new accessories and men's brands and plans to add several other new brands including plus-size styles. Bloomberg Businessweek (3/24) LinkedInFacebookTwitterEmail this Story
  • J. Crew maps growth plans for 2013
    J. Crew, which booked an 11% rise in fourth-quarter same-store sales and $2.23 billion in 2012 sales, plans to invest between $135 million and $145 million in capital expenditures this year. The fashion retailer expects to open 46 new stores and will also invest in expanding its international online retail and digital marketing efforts. Women's Wear Daily (subscription required) (3/22) LinkedInFacebookTwitterEmail this Story
  • Other News
  Retail Trends 
  • Dollar stores stay popular as economy improves
    The popularity of discount chains including Dollar Tree, Family Dollar and Dollar General skyrocketed during the recession and is continuing to grow even as the economy improves as consumers in markets such as Lake County, Fla., look to stretch their budgets. "As the economy's improving, these customers have found they're willing to shop across all segments," said NRF vice president Dan Butler. Orlando Sentinel (Fla.) (tiered subscription model) (3/24) LinkedInFacebookTwitterEmail this Story
  Retail Technology 
  • Is it the end of the cash register?
    Retailers including Barneys New York, J.C. Penney and Coach are experimenting with tablets, iPods and other mobile gadgets that may one day soon replace bigger, bulkier cash registers. "Consumers want the retailer to bring the register to them," said Lori Schafer, executive adviser at retail software provider SAS Institute. Green Bay Press-Gazette (Wis.)/The Associated Press (3/22) LinkedInFacebookTwitterEmail this Story
  Hot Topics 

Top five news stories selected by NRF SmartBrief readers in the past week.

  • Results based on number of times each story was clicked by readers.
  Policy & Government Affairs 
  NRF News 
  • Senate overwhelmingly approves marketplace fairness amendment
    Leveling the playing field between online and Main Street retailers earned a symbolic victory over the weekend when the Senate approved a sales tax fairness amendment to the FY14 budget resolution by a 75-24 vote. The budget resolution is non-binding, so additional action will still be required before the sales tax could become law, but NRF plans to make it a top priority. Read more. LinkedInFacebookTwitterEmail this Story
 
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  Chain Restaurant News 
  • Darden's future tied to specialty chains
    Darden Restaurants' growth strategy hinges on turning around its biggest brands including Olive Garden and Red Lobster by keeping menu prices steady and cutting back on expansion, while at the same time focusing on faster growth among its specialty brands, CEO Clarence Otis said Friday. The 168-unit specialty group, which includes Yard House, Bahama Breeze, Eddie V's, Capital Grille and Seasons 52, has positive same-store sales and room to grow. The Wall Street Journal (3/23) LinkedInFacebookTwitterEmail this Story
 
Position TitleCompany NameLocation
Buyer - Basketball CategoryFootlocker.com/EastbayWausau, WI
Client Manager4R Systems, Inc.Berwyn, PA
Compliance Manager- Program Assessment and EngagementGap Inc.San Francisco, CA
Merchandise Replenishment Analyst job#3769Headquarters Marine Corps Community Services (MCCS)Quantico, VA
Retail Store ManagerThe Orvis CompanyMemphis, TN
Retail Planning ManagerThe Orvis CompanySunderland, VT
Retail Fishing ManagerThe Orvis CompanyPasadena, CA
Retail Fishing ManagerThe Orvis CompanyLombard, IL
Allocation and Replenishment ManagerHibbett Sporting Goods, Inc.Birmingham, AL
Director of MarketingCity Sports, Inc.Boston, MA
Click here to view more job listings.

  SmartQuote 
A thing is mighty big when time and distance cannot shrink it."
--Zora Neale Hurston,
American author


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