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October 15, 2012News for the retail industry

  Top Story 
 
  • September retail sales beat forecasts
    Retail and food sales rose 1.1% in September, higher than the 0.7% to 0.8% forecast by economists, led by higher consumer electronics sales after Apple released the iPhone 5, according to a Commerce Department report released Monday. The report also revised upward retail sales growth for July and August, to 0.7% and 1.2% respectively. Bloomberg (10/15), The Wall Street Journal (10/15) LinkedInFacebookTwitterEmail this Story
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  Industry Watch 
 
  • Best Buy limits price-matching promise
    Best Buy's first price-matching plan applies to pretax prices on certain products from 20 retailers, including Amazon, Buy.com and Wal-Mart Stores. The deal, aimed at countering showrooming and increasing holiday sales, does not include eBay or goods offered by third-party sellers on Amazon or other websites. The Wall Street Journal/Dow Jones Newswires (10/12) LinkedInFacebookTwitterEmail this Story
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  Retail Trends 
 
  • Consumers rediscover catalog shopping
    Retailers including J.Crew, Restoration Hardware and Victoria's Secret are finding renewed traction among consumers for updated versions of their catalogs, after several years of downplaying paper in favor of online retail. “In recent years, we have found that more people seem to be interested in using catalogs as a channel to shop," said NRF senior media relations director Kathy Grannis. CNBC (10/12) LinkedInFacebookTwitterEmail this Story
  • Why shoppers don't really mind the Christmas Creep
    Consumers may show scorn when retailers deck the halls for Christmas before Halloween, but a growing number of them are also taking advantage of early discounts, layaway and other promotions that make their holidays more affordable. About 40% of people with children younger than 18 start their shopping before November, according to a survey from RetailMeNot.com. CNBC (10/12) LinkedInFacebookTwitterEmail this Story
  • Retail clinics could see a boom from health care law
    Health clinics at retail stores have been providing a convenient and inexpensive option for people on the go or who don't have insurance. With millions of Americans gaining insurance in 2014 under the health care law, walk-in clinics could see even more business. Patients will have coverage to stop at a clinic for a checkup, not only when they are sick. Star Tribune (Minneapolis-St. Paul, Minn.) (10/13) LinkedInFacebookTwitterEmail this Story
  • Other News
A Retailer's Guide to 'Demand-Driven' (+Gartner Research)
Consumers today have access to endless input and decide in moments. Discover how the demand-driven supply chain responds quickly to changing consumer preferences and supports demand shaping, while pre-emptively positioning inventory. This has far-reaching impacts on the enterprise and supplier community, not to mention the top and bottom line.

  Retail Technology 
  • Millennials use social sites to curate their styles
    The millennial generation is the first to be always connected via mobile devices, and many are also struggling to make a living. The combination has them mixing high- and low-end pieces, eschewing brands and turning to social sites such as Copious to buy, sell and trade pieces with peers. CNN (10/13) 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 
 
  • Business groups push Congress on cargo scanning
    Business groups including NRF and the U.S. Chamber of Commerce are urging Congress to overhaul post-9/11 rules calling for security scanning of all cargo shipped to the U.S. from foreign ports. “The pilot program has shown that it is wrought with problems. There are issues dealing with the technology itself, the implementation, the cost factor it’s going to have on the global supply chain,” said NRF's Jonathan Gold. The Hill (10/13) LinkedInFacebookTwitterEmail this Story
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  NRF News 
  • Retail sales report shows consumer spending surged in September
    Consumers rallied last month in spite of unease surrounding the nation’s high unemployment and long-term fiscal challenges, offering a promising outlook for the holiday months ahead. According to NRF, September industry sales (excluding automobiles, gas stations and restaurants) rose by 0.4% seasonally adjusted from August and 2.1% unadjusted year-over-year. Read more. LinkedInFacebookTwitterEmail this Story
 
  • Small business owner shares career advice: “Don’t drink the profits”
    For Susan Kaufman, turning her passion for wine into a retail business was a no-brainer. It not only opened a new door to a career she had never dreamed of, but Market Alley Wines also filled a niche that the Monmouth, Ill., community has supported from the start. In a recent interview, Kaufman explains how her career journey led her back to an inspirational job in retail, and how she overcomes hiring challenges to run a successful business while also finding time to make a huge difference in her community. Read more. Retail's BIG Blog (10/15) LinkedInFacebookTwitterEmail this Story
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  Chain Restaurant News 
  • Pizza Hut shifts gears on campaign stunt
    Pizza Hut has dropped its promotion asking attendees of this week's town hall debate to query the presidential candidates on their favorite pizza toppings amid harsh criticism that the stunt threatened to make a mockery of the event. Instead, the restaurant chain has taken the question online, with a "sausage or pepperoni" poll and a plan to award pizza for life to one random voter. Advertising Age (tiered subscription model) (10/12) LinkedInFacebookTwitterEmail this Story
  Sponsored Poll 
  • What is the greatest B2B pain your company feels?
Meeting customers' B2B requirements
Errors, delays and cost from manual steps in B2B processes
Inability to scale B2B processes with company growth
Lack of visibility across B2B transactions and supply chain
On-boarding a new customer or supplier

 
Position TitleCompany NameLocation
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
RECRUITING MANAGERSaks Fifth AvenueBoca Raton, FL
Corporate Safety ManagerOfficeMaxNaperville, IL
Click here to view more job listings.

  SmartQuote 
I have loved the stars too fondly to be fearful of the night."
--Galileo Galilei,
Italian astronomer, philosopher and physicist


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