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March 8, 2013News for the retail industry

  Top Story 
  • Sycamore Partners to pay $600 million for Hot Topic
    Equity firm Sycamore Partners has sealed a deal to acquire teen apparel retailer Hot Topic for $600 million or $14 per share. The deal will take the chain private and provide the funds it needs for growth. "As a private company, we will be in a better position to navigate unpredictable market and economic cycles with a long-term perspective, rather than being subject to short-term and quarterly Wall Street expectations," said spokeswoman Jennifer Vides. The Wall Street Journal (3/7) LinkedInFacebookTwitterEmail this Story
  Industry Watch 
  • H&M debuts premium & Other Stories brand
    H&M opens its & Other Stories store in London this week, featuring premium fashion lines that fall in between the brand's regular fast-fashion stores and its high-end COS brand. The new brand is influenced by fashion bloggers, social media and the concept of savvy shoppers who put their own looks together from a variety of sources. The Guardian (London) (3/8) LinkedInFacebookTwitterEmail this Story
  • Women-owned businesses to sell items on Walmart.com
    Wal-Mart's website is adding an "Empowering Women Together" section, selling items from small, women-owned businesses. The section will sell more than 200 items, including a dress from the Gahaya Links company in Rwanda, and a gift set of soup mix and cornbread mix from the Women's Bean Project. Reuters (3/7) LinkedInFacebookTwitterEmail this Story
  • Adidas wins in China with wider selection
    Adidas booked a 12% sales increase in China in the fourth quarter, as rivals Nike and Li Ning struggled to boost sales and market share. The German-based brand is winning over Chinese consumers with a growing array of sportswear, casual clothing and high-end fashions. The Wall Street Journal (3/7) LinkedInFacebookTwitterEmail this Story
  Retail Trends 
  • Retailers report a rise in February sales
    Costco, Limited Brands and Gap reported strong same-store sales increases in February, two of the 13 U.S. retailers that still report monthly sales results. "By and large, the middle class is just shaking off the intractability in Washington and feeling better about shopping," said Joel Bines, managing director of consulting firm AlixPartners' retail practice. Reuters (3/7) LinkedInFacebookTwitterEmail this Story
  • Other News
  Retail Technology 
  • Retailers turn to Etsy for competitive edge
    Etsy, the website that started as a place for artisans to sell their wares directly to consumers, is testing the business-to-business waters with pilot site Etsy Wholesale. Retailers including Nordstrom, West Elm and Anthropolgie have already been turning to Etsy artists to stock their stores with one-of-a-kind collections. Forbes (3/7) LinkedInFacebookTwitterEmail this Story
  NRF News 
  • Why the swipe fee "settlement" is far from settled
    Lawyers behind a class action lawsuit over Visa and MasterCard swipe fees have been sending out notices in the past few weeks asking retailers to decide whether to accept a $7.25 billion settlement in the case. Retailers have until May 28 to decide on a number of issues, including whether to take the money and whether to file objections to other provisions of the settlement. Read more. Retail's BIG Blog (3/8) LinkedInFacebookTwitterEmail this Story
 
  • When retailers will report monthly sales in 2013
    NRF's 4-5-4 calendar serves as a voluntary guide for the retail industry and ensures sales comparability between years by dividing the year into months based on a four-weeks/five-weeks/four-weeks format. The 4-5-4 calendar also establishes sales release dates, which have historically been on the first Thursday following the month's end. NRF has released calendars for 2013 through 2017. View the calendars. LinkedInFacebookTwitterEmail this Story
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  Chain Restaurant News 
  • Loyalty to the brand bodes well for Starbucks
    Starbucks has generated such brand loyalty among coffee drinkers that it continues to outperform competitors, from Dunkin' Donuts and Krispy Kreme to independent and artisan coffee houses, says branding expert Priya Raghubir. "Starbucks stands for coffee; it's converted that into an experience." The Huffington Post (3/7) LinkedInFacebookTwitterEmail this Story
 
Position TitleCompany NameLocation
Client Manager4R Systems, Inc.Berwyn, PA
Account PlannersMARC USAPittsburgh, PA
Buyer-eCommercePetSmartPhoenix, AZ
Sr. Manager, Site MarketingPetSmartPhoenix, AZ
Sr. Manager, SearchPetSmartPhoenix, AZ
Senior Brand ManagerThe Yankee Candle Company, Inc. South Deerfield , MA
Category Sales AnalystThe Yankee Candle Company, Inc. South Deerfield, MA , MA
Director, E-Commerce Marketing The Yankee Candle Company South Deerfield , MA
Online Marketing Manager The Yankee Candle Company South Deerfield , MA
Social & Mobile Marketing Manager The Yankee Candle Company South Deerfield , MA
Director of eCommerceBelkCharlotte, NC
Sr. Business Systems Analyst - eCommerceBelkCharlotte, NC
Sr. Systems Analyst - eCommerceBelkCharlotte, NC
Delivery Manager - Master Data & Merchandising Systems SupportBelkCharlotte, NC
Delivery Manager - CRMBelkCharlotte, NC
Director of MarketingCity Sports, Inc.Boston, MA
Senior Corporate Internal AuditorPetSmartPhoenix, AZ
Merchandise PlannerSTEIN MARTJacksonville, FL
Vice President of Retail, Parks & ResortsDelaware North CompaniesBuffalo, NY
VP of MerchandisingUniversity Co-operative SocietyAustin, TX
Director of E-CommerceKitchen & CompanyWilmington, DE
Senior Strategic PlannerTracyLockeWilton, CT
Director Loyalty Marketing REIKent, WA
Director Internal AuditUlta BeautyBolingbrook, IL
Click here to view more job listings.

  SmartQuote 
Hope never abandons you, you abandon it."
--George Weinberg,
American psychologist, writer and activist


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