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October 16, 2012News for the retail industry

  Top Story 
 
The Right Competitor Price Monitor for Your Needs
While there are several factors to consider when purchasing a competitor price monitor, the method of data collection is one of the most critical. Find what you need to get accurate competitive insights for your pricing, content, assortment, and marketing. Includes a side by side comparison of different data collection methods. Learn more.
  Industry Watch 
  • Express promotes David Kornberg to president
    Express has named David Kornberg as its new president and charged him with overseeing merchandising and design for men's and women's apparel. Kornberg, a 13-year employee who most recently served as executive vice president of men’s merchandising and design for the 600-store chain, takes over the women's division from executive vice president Fran Horowitz, who will leave the company. Women's Wear Daily (subscription required) (10/15) LinkedInFacebookTwitterEmail this Story
  • Bergdorf, Barneys lauded for relationship building
    Bergdorf Goodman and Barneys New York are wealthy consumers' favorite brands when it comes to maintaining good customer relationships, according to the Luxury Institute. About 70% of respondents who interact with a specific salesperson say the relationship spurs them to spend more with the retailer both in-store and online. Luxury Daily (10/15) LinkedInFacebookTwitterEmail this Story
  • Hudson's Bay may be close to going public
    Hudson's Bay Co., the parent of The Bay in Canada and Lord & Taylor in the US, is reportedly on the verge of announcing plans to go public with an offering on the Toronto Stock Exchange. The company put IPO plans on hold last fall amid a jittery market, but investor interest in Canadian retail and fashion-related companies has since rebounded. Women's Wear Daily (subscription required) (10/16) LinkedInFacebookTwitterEmail this Story
  • Judge rejects class-action vs. Wal-Mart in Texas
    A federal judge in Texas has ruled that Wal-Mart won't face a class-action lawsuit by female employees claiming gender discrimination. The judge ruled that the lawsuit, filed last year and seeking to represent female Wal-Mart and Sam's Club workers in the region, had been filed too late. Bloomberg Businessweek (10/16) LinkedInFacebookTwitterEmail this Story
  Retail Trends 
  • Sales of traditional toys wane in the digital age
    The amount U.S. consumers spend on traditional toys and games has dropped 30% since 1998, and the rate of decline is speeding up, according to research from an industry analyst. The decline comes as more consumers replace board games and dolls with iPads and digital games. CNBC (10/15) LinkedInFacebookTwitterEmail this Story
  • Vermont career center offers NRF service program
    Seven students at the Southwest Vermont Career Development Center in Bennington, Vt., are the center's first to earn NRF's customer service certification as part of their two-year education and training program. The program also includes NRF certifications in sales and retail management. Bennington Banner (Vt.) (10/11) LinkedInFacebookTwitterEmail this Story
  Retail Technology 
  • Magazines turn to e-commerce to drive revenue
    Magazines are looking to increase revenue and profit with online-shopping ventures such as ShopBazaar, a marketplace launched by Harper's Bazaar. The launch included a redesign of the print magazine, and, starting next year, readers will be able to use a smartphone to shop directly from the magazine's pages. CNBC/Consumer Nation blog (10/15) LinkedInFacebookTwitterEmail this Story
  NRF News 
  • H&M: Lessons learned from David Beckham's Super Bowl ad
    A stalwart in the fast-fashion industry for 65 years, H&M has only been in US markets since the early 2000s -- but its progressive cross-channel marketing approach hasn't gone unnoticed. In a presentation at Shop.org's Annual Summit last month in Denver, H&M's North America marketing director Stephen Lubomski shared five basic mandates the company applies for each of its innovative campaigns, and gave an insider's look at the lessons learned from its highly successful David Beckham underwear Super Bowl ad. Read more. Retail's BIG Blog (9/13) LinkedInFacebookTwitterEmail this Story
 
  • Maximise your career through NRF's LinkedIn group
    More than 12,100 retail professionals have joined NRF's LinkedIn group to network with peers, post discussions, find solution providers, and connect with retail recruiters. If you're on LinkedIn, join the NRF group to catapult your connections to a new level. View the group. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF | Govt Relations | NRF Events | STORES | NRF Foundation

  Chain Restaurant News 
  • Darden's LongHorn launches new menu, ad campaign
    LongHorn Steakhouse has launched a new ad campaign with two TV spots that broke this week with the tagline "You Can’t Fake Steak." The commercials tout the chain's extensive menu revamp, which includes a mix of big meaty meals like a 30-ounce Porterhouse for two and a new selection of meals under 500 calories. Nation's Restaurant News (free registration) (10/15) LinkedInFacebookTwitterEmail this Story
The Buzz(CORPORATE ANNOUNCEMENTS)

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  Sponsored Poll 
  • What is the primary obstacle in improving your company's supply-chain processes?
Cost -- we can't spare the cash right now to invest in improvements
Feeling overwhelmed -- we're not sure where to start
Lack of knowledge -- we don't feel like we fully understand what we should be doing
Lack of need -- we're confident that our supply-chain processes are as good as they could be

 
Position TitleCompany NameLocation
Director of Merchandising - Factory HouseUnder ArmourBaltimore, MD
Retail Associate Merchandise ManagerHallmarkKansas City, MO
SALES SUPPORT TEAM MANAGERSaks Fifth AvenueBirmingham, AL
Corporate Saks Fifth Avenue Recruiting ManagerSaks Fifth AvenueMiami, FL
Director of MarketingSaks Fifth AvenuePalm Beach Gardens, FL
Brand Ambassador - Chanel Ready-To-WearSaks Fifth AvenueMiami - Dadeland, FL
Associate BuyerFloor and Decor Smyrna, GA
Corporate Safety ManagerOfficeMaxNaperville, IL
RECRUITING MANAGERSaks Fifth AvenueBoca Raton, FL
Click here to view more job listings.

  SmartQuote 
It is only in sorrow bad weather masters us; in joy we face the storm and defy it."
--Amelia Barr,
British novelist


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