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December 14, 2012News for the retail industry

  Top Story 
  • What's next for Barneys New York?
    Barneys was ahead of its time when founder Barney Pressman opened in Chelsea in 1923, as the New York neighborhood was losing residents and shoppers were focused on Herald Square and Fifth Avenue. Today, new owner Richard Perry and his wife, designer Lisa Perry, are once again looking to stay ahead of the trends with a remodel; this lengthy profile looks at where the Perrys come from and where they plan to take the brand next. The New York Times (tiered subscription model) (12/13) LinkedInFacebookTwitterEmail this Story
Is Pricing Low Your Strategy to Success? Think again.
Pricing is the heart of a business. It affects everything you do and is affected by everything you do. Economists talk of supply and demand as key factors behind pricing—successful entrepreneurs manipulate demand by making their products more desirable. These six steps will help you determine the right price for your product or service, read the article and learn how to get pricing right.

  Industry Watch 
 
  • Toys R Us logistics chief is used to managing orders
    Former U.S. Army logistics officer and Gulf War veteran Marie Robinson is now charged with making sure the toys get where they're going. As the chief logistics officer for Toys R Us, Robinson is in charge of the increasingly complex job of making sure the retailer's 600 stores are properly stocked and also that the company's $1 billion in annual online orders are filled promptly and accurately. The Wall Street Journal (12/13) LinkedInFacebookTwitterEmail this Story
  • Toys R Us to woo last-minute shoppers around the clock: Toys R Us stores will open at 6 a.m. on Dec. 21 and stay open until 10 p.m. Dec. 24, an 88-hour marathon aimed at bringing in the procrastinators and night owls in the hours before Christmas. The move follows Macy's announcement last week that most stores will stay open for 48 hours the weekend before Christmas. Los Angeles Times (tiered subscription model) (12/13) LinkedInFacebookTwitterEmail this Story
  • Other News
Building Workplace Trust 2015
Interaction Associates' 6th annual research study tracking trust on the job, Building Workplace Trust, is out, and more than half of employees surveyed give their organizations low marks for trust and leadership. Yet this year's findings again point to how high trust leads to better outcomes and financial results — and even boosts innovation.

  Retail Trends 
 
  • Economist shares insights into 2012's holiday season
    Retail sales rose 0.3% in November, but the next 10 days will really tell the story of the 2012 holiday season, NRF's chief economist Jack Kleinhenz says in this interview with Bloomberg Television. Weather, promotional activity and national political debate over the "fiscal cliff" can all have an affect on shopper behavior, but NRF's forecast for 4.1% growth this season seems to still be on track, he said. Bloomberg (12/13) LinkedInFacebookTwitterEmail this Story
  • The future of retail looks highly personalized
    Retailers already are stepping into the future, where digital technology lets consumers personalize everything from the merchandise mix to the dressing room to meet their personal tastes and needs, experts say. Big data will play a big role, but retailers need to build trust and not cross the line between offering a personalized shopping experience and intruding, says consultant Bob Hetu. National Public Radio (text and audio) (12/13) LinkedInFacebookTwitterEmail this Story
 
  • Most shoppers are more than halfway done, NRF survey says
    Some 11.3% of holiday shoppers are finished, and the average consumer has already completed 56.5% of his or her holiday shopping, up from 46.5% last year, according to an NRF survey. It's a record completion rate for this point in the season, with shoppers reporting significant purchases of clothing, toys and gift cards. MediaPost Communications (12/13) LinkedInFacebookTwitterEmail 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.

  Retail Technology 
  • Gift-box makers see modest rise in demand
    Demand for gift boxes that retailers such as Macy's give away free with purchases has been declining with the rise of online shopping and increasing popularity of gift bags and other alternative packaging. Business is booming at F.C. Meyer Packaging in Pennsylvania this time of year; the rush is strictly seasonal, but the company says demand is up about 5% compared to this time last year. The Wall Street Journal (12/13) LinkedInFacebookTwitterEmail this Story
  Sponsored Content 
 

  NRF News 
  • Same-day delivery: How far have we come?
    Pioneered by Circuit City back in 1999, the concept of same-day delivery and in-store pick-up is not new. But as more multichannel retailers have burst on to the retail scene, brands are embracing the move to implement optimized and streamlined delivery services. In a post on the Shop.org blog, Executive Director Vicki Cantrell explains how this tactic isn’t only boosting sales online, but in-store sales as well. Read more. Shop.org Blog (12/13) LinkedInFacebookTwitterEmail this Story
 
  • What do HSN, BJ’s Wholesale Club and Tractor Supply have in common?
    CEOs Mindy Grossman, Jennifer Hyman, Laura Sen and Jim Wright are set to "sound off" during the student program at Retail’s BIG Show, providing their fountains of retail wisdom to hundreds of today’s brightest students on everything from industry trends to career advice. And before hearing from some of retail’s most amazing leaders, Anne Voller, vice president of talent acquisitions for Macy’s, will moderate a panel of recent graduates on what life is like in the real world. The program is made possible by generous support from The Container Store, Macy’s, Saks, Wal-Mart, and Walgreens. Learn more. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF | Govt Relations | NRF Events | STORES | NRF Foundation

  Chain Restaurant News 
  • Burger King, franchisee strike Mexico expansion deal
    Burger King has formed a joint venture with franchisee Alsea, S.A.B. de C.V., aimed at ramping up expansion in Mexico in the coming years. Alsea, which operates 1,227 restaurants in four Latin American countries, has been a Burger King franchisee for more than a decade; it also operates restaurants under several other brands including Domino's, Starbucks and California Pizza Kitchen. The Miami Herald (free registration) (12/13) LinkedInFacebookTwitterEmail this Story
Register for Retail's BIG Show by Jan. 4 and save $150
Retail's BIG Show 2013, Jan. 13-16, includes an expanded EXPO, keynotes from top executives at Starbucks, Walmart, The Container Store, ANN Inc., and more, and phenomenal networking opportunities you can't get anywhere else. Register now to save $150.
 
Position TitleCompany NameLocation
VP Customer StrategyBurlington Coat FactoryBurlington, NJ
Merchandise Buyer - Multiple Categories, Multiple ChannelsKohl's Department StoresMilwaukee/Menomonee Falls, WI
Merchandise Planner - Multiple CategoriesKohl's Department StoresMenomonee Falls, WI
E-Commerce AnalystBurlington Coat FactoryBurlington, NJ
District ManagerFrancesca's CollectionsRaleigh, NC
Oracle Retail Business ConsultantOracle America, Inc.Nationwide, United States
Senior Supply Chain Solutions Systems Analyst PetSmartPhoenix, AZ
Retail Customer Inventory & Planning Manager LEGO Systems, IncEnfield, CT
Director of Store Systems/ApplicationsThe Vitamin Shoppe North Bergen, NJ
Replenishment Systems ManagerVitamin Shoppe North Bergen , NJ
Strategic Sourcing Manager - Indirect CategoriesRoss Stores Inc.Pleasanton, CA
ASSISTANT GENERAL MANAGER OF MERCHANDISINGSAKS FIFTH AVENUECosta Mesa , CA
ASSISTANT GENERAL MANAGER OF MERCHANDISINGSAKS FIFTH AVENUEPalm Desert, CA
Director, Merchandising Operations REIKent, WA
Director, Event Licensing & Direct to RetailViacomNew York, NY
E-Commerce MerchantKohl's Department StoresMilwaukee / Menomonee Falls, WI
Director Retail Operations HMSHost Detroit, MI
Oracle Retail Technical ConsultantOracle America, Inc.Nationwide, United States
Click here to view more job listings.

  SmartQuote 
The best preparation for tomorrow is to do today's work superbly well."
--William Osler,
Canadian physician


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