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November 14, 2012News for the retail industry

  Top Story 
 
Retail winners are embracing an omnichannel strategy
Retail is undergoing a transformation spurred by new technology and consumer demands, and companies are moving towards omnichannel to stay relevant. As traditional systems fall short, leaders are adopting cloud-based technology to gain visibility and connect with partners. Download this free white paper to learn how retailers use cloud to gain a level of control not possible with license-and-install software.
  Industry Watch 
  • Best Buy's new CEO outlines turnaround strategy
    Best Buy's new CEO, Hubert Joly, says that he will concentrate on online sales in order to revive slipping revenue at the electronics chain. Joly says he will improve the online platform, in-store presence, customer-loyalty programs and vendor relations, among other tasks. The Wall Street Journal (11/13) LinkedInFacebookTwitterEmail this Story
  • Home Depot sees a stronger housing market
    Home Depot has remained skeptical that the housing market would rebound quickly, but the retailer now says its strong third-quarter performance reflects a housing revival. "We can start to see the housing market as an assist to our growth rather than an anchor," said CEO Frank Blake. The Wall Street Journal (11/13) LinkedInFacebookTwitterEmail this Story
  • Saks: Sandy may slow holiday sales growth
    Saks likely won't see the holiday sales gains it would have if Hurricane Sandy hadn't hit so hard in the region where the department store chain rings up more than half of its sales, the company said Tuesday. The retailer expects flat same-store sales at stores in the affected region but doesn't foresee long-term damage, said CEO Steve Sadove. Reuters (11/13) LinkedInFacebookTwitterEmail this Story
  • Other News
  Retail Trends 
  • Sandy takes a bite of October retail sales
    U.S. retail sales fell 0.3% in October, the first decline in four months, according to the Commerce Department. Retailers felt the effects of Hurricane Sandy, with eight of 13 major merchandise categories showing declines. However, some retailers including department store chains Macy's and Kohl's saw sales rise despite the storm. CNBC/Reuters (11/14), Bloomberg (11/14) LinkedInFacebookTwitterEmail this Story
  • How the election slowed the arrival of holiday shopping
    Black Friday may seem to come earlier every year, but the barrage of holiday marketing would have started even sooner this year without an election to slow it down, said NRF spokeswoman Kathy Grannis. "In the swing states, retailers were not going to throw up the expensive ad dollars in a month where we had a very heated presidential race." Adweek (11/13) LinkedInFacebookTwitterEmail this Story
  • Grocery landscape changes in Mass.
    Massachusetts, like many other states, is seeing more grocery competition from nontraditional sources. Specialty retailers such as Whole Foods Market and Wegmans Food Markets are opening more stores, as are discounters such as Save-A-Lot, ALDI and PriceRite. However, local chain Shaw's Supermarkets has eliminated 700 jobs, while Johnnie's Foodmaster, also a local chain, is going out of business. The Boston Globe (tiered subscription model) (11/12) LinkedInFacebookTwitterEmail this Story
  Retail Technology 
  • Why PayPal is focusing on in-store payments
    PayPal has branched out in recent months under President David Marcus, moving fast to ramp up in-store payment services and squaring off with Square on mobile payments. "If consumers start realizing that they get the best discounts because they check into stores, then they'll do it," he said. The Wall Street Journal (11/13) LinkedInFacebookTwitterEmail this Story
  Sponsored Content 
 

  NRF News 
  • Hurricane Sandy and looming fiscal cliff impact October retail sales
    Americans continue to hold their own in this unsteady economic environment, but the ripple effect of Superstorm Sandy and the looming fiscal cliff also made an impact on shopping habits last month. According to NRF, October industry sales fell by 0.3% seasonally adjusted from September, yet increased 3.9% unadjusted year-over-year. “While Hurricane Sandy certainly impacted consumer spending in the northeast and mid-Atlantic states, the larger threat to the overall economy is the impending fiscal cliff, which impacts Americans across the country," NRF President and CEO Matthew Shay said. Read more. LinkedInFacebookTwitterEmail this Story
 
  • Survey: Gift cards set to be the season’s hottest gift for 2012
    Retailers are pulling out all the stops to make gift cards personalized, convenient and creative this holiday season, and shoppers are responding by spending more than ever on this flexible gift. NRF’s latest holiday survey shows Americans will spend an average of nearly $157 on all types of gift cards, the highest amount in the survey’s 10-year history. Total spending on gift cards is expected to reach $28 billion, with department store and restaurant type gift cards topping the list as the most popular. Read more. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF | Govt Relations | NRF Events | STORES | NRF Foundation

  Chain Restaurant News 
  • Wendy's mobile ads promote Redhead Roasters to coffee lovers
    A new Wendy's mobile campaign inside the Pandora application aims at increasing in-store traffic and purchases of its Redhead Roasters line of coffee and tea. "People who buy coffee out skew to smartphones, tend to be app users and make decisions about where to go get coffee while on the go," says Director of Digital Marketing Brandon Rhoten. The campaign rewards check-ins after using GPS-enabled devices to guide consumers to the nearest Wendy's. Mobile Marketer (11/13) LinkedInFacebookTwitterEmail this Story
 
Position TitleCompany NameLocation
Senior Vice President, General Merchandise ManagerTotal Wine & MorePotomac, MD
The Divisional Merchandise Manager - Ladies Stein MartJacksonville, FL
Sr. Food Buyer99¢ Only Stores Los Angeles, CA
Sr. General Merchandise Buyer 99¢ Only StoresLos Angeles, CA
Oracle Retail Technical ConsultantOracle America, Inc.Nationwide, United States
Oracle Retail Business ConsultantOracle America, Inc.Nationwide, United States
Senior Vice President of MarketingTotal Wine & MorePotomac, MD
General Merchandise ManagerFive Below, Inc.Philadelphia, PA
Advertising ManagerREIKent, WA
Merchandise PlannerLittle SwitzerlandSt. Thomas, USA Virgin Islands
Channel Sales and Business DevelopmentSLI SystemsSan Jose, CA
Sales Director - East CoastSLI SystemsNew York/New Jersey, NY
Market Development RepresentativeSLI SystemsSan Jose, CA
Product Manager - Time Tool Optics/ NavComREIKent, WA
Click here to view more job listings.

  SmartQuote 
The best way to find out if you can trust somebody is to trust them."
--Ernest Hemingway,
American author and journalist


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