Reading this on a mobile device? Try our optimized mobile version here: http://r.smartbrief.com/resp/dOgNCfbwoceHtGaVEyro

August 9, 2012News for the retail industry

  Top Story 
  • Can Macy's beat online rivals on same-day delivery?
    Macy's is well positioned to compete with Amazon, eBay and other online retailers when it comes to adding same-day delivery, if the retailer determines that's something customers want, Chief Financial Officer Karen Hoguet said. The retailer's large, national base of department stores gives it a leg up over online merchants, which must build warehouses, she said. The Huffington Post (8/8) LinkedInFacebookTwitterEmail this Story
FEATURED ARTICLE: Understanding the Power of the Pareto Principle
Here's how the Pareto Principle, also known as the 80-20 rule, can show you which customers you should spend the most time with. Read the article to learn more.

  Industry Watch 
 
  • J.C. Penney names next in-store shops
    Cosabella Amore and Cosmopolitan are among the newest group of brands that will open shops within J.C. Penney stores, with exclusive lines designed just for the department store chain. Lingerie brands Maidenform and Vanity Fair will get a revamped presence in the stores, and brands including Carter, Giggle, Cynthia Rowley and Tori Spelling will lend their names and styles to the children's department. Women's Wear Daily (subscription required) (8/8) LinkedInFacebookTwitterEmail this Story
  • Macy's boosts forecast on surging second-quarter profits
    Macy's raised its earnings outlook for the year a full five cents per share after reporting strong second-quarter profits, a 3% rise in same-store sales and a 36% increase in online shopping. "We are entering the fall season with optimism about our ability to grow sales and capture market share, especially in the holiday season," said CEO Terry Lundgren. The Wall Street Journal (8/8) LinkedInFacebookTwitterEmail this Story
  • Trader Joe's increases focus on sustainable and local products
    Trader Joe's, which sells food that can't be found elsewhere and focuses on good prices and high quality, is moving toward removing nonsustainable products from its mix. The company also buys some fresh food within 150 miles of its warehouses and signed the Fair Food Agreement, which benefits tomato pickers in Florida. TheAtlantic.com (8/7) LinkedInFacebookTwitterEmail this Story
  • Other News
Time off boosts employee morale — and other pleasant surprises
New research reveals that a clearly articulated time-off policy that's fairly, transparently implemented improves employee productivity and morale —creating a happier, more loyal workforce for long term success.
Click here to read the White Paper

  Retail Trends 
 
  • Limited plans 2,000 seasonal warehouse jobs this year
    Limited Brands is already gearing up to add about 2,000 seasonal workers at its distribution centers, an early sign that holiday hiring may be higher than last year, said NRF's Ellen Davis. "As the holiday season gets earlier every year, it stands to reason that retailers need more seasonal support earlier." The Columbus Dispatch (Ohio) (8/8) LinkedInFacebookTwitterEmail this Story
6 Best Practices to Continuous Planning Success
Whether you call it 'forecasting' or 'planning', the key is to enable a continuous process that delivers real-time, up-to-date information to drive effective business decisions. Download this whitepaper to learn how you can bring everyone in your organization into your planning process.

  Retail Technology 
  • New NRF initiative takes macro-mobile approach
      
    NRF's various arms studied the ways mobile is changing each area of the company and discovered that no group is taking a holistic approach. The result -- the Integrated Mobile Initiative, launched today to take a macro approach to mobile. "Retailers are inherently driven to stay ahead of the curve when it comes to their customers' demands, and today nothing is more important than mobile technologies that provide seamless cross-platform shopping experiences," said Senior VP Vicki Cantrell, who will lead the initiative. Retail's BIG Blog (8/9), Women's Wear Daily (subscription required) (8/9) LinkedInFacebookTwitterEmail this Story

  • The IMI will explore the full scope of issues that impact mobile retailing and offer best practices, case studies, educational content, thought leadership and more. Visit the site.  LinkedInFacebookTwitterEmail this Story
  • The future of retail
    Retail as we now know it will be unrecognizable in a decade, as online shopping changes the way we use brick-and-mortar stores and technology tools from magic mirrors to 3D printers bring new ways to combine the real and virtual worlds, experts say. "The next five years will bring more change to retail than the last 100 years," says Cyriac Roeding, CEO of Shopkick. USA TODAY (8/8) LinkedInFacebookTwitterEmail this Story
  Main Street 
  • How silly socks became a booming retail business
    Back home and cleaning houses in a tough economy in 2002, Carrie Atkinson kept thinking about the cute socks she discovered during her stint as a teacher in South Korea. Finally, she flew back, stocked up and tried her luck at a flea market. The socks sold out and Sock It To Me was born; the company sold half a million pairs and hit $3 million in sales last year. Fast Company online (8/8) LinkedInFacebookTwitterEmail this Story
 
  Policy & Government Affairs 
  • Why merchants are wary about the Visa-MasterCard settlement
    Visa and MasterCard's proposed $7.3 billion settlement of a 2005 class action lawsuit brought on behalf of about 7 million merchants may seem like a windfall at first glance, but some retailers say the fine print makes the deal less and less attractive. While the settlement allows retailers to charge customers more to offset swipe fees, state laws and American Express' rules are likely to keep most from adding the charges. "There’s nothing there," said NRF General Counsel Mallory Duncan. The New York Times (tiered subscription model) (8/8) LinkedInFacebookTwitterEmail this Story
  • Retailers and restaurants more likely to cut health benefits due to Affordable Care Act
    Retailers and restaurants are more likely than other types of businesses to slash health benefits or cut employees' hours in order to avoid penalties stemming from the new health care law, according to a study by consulting firm Mercer. About 9% of retail/restaurant survey respondents say the law will dramatically increase their costs, forcing them to cut the number of full-time employees below the 50-worker threshold that requires them to offer health benefits. The Wall Street Journal (8/8) LinkedInFacebookTwitterEmail this Story
  Sponsored Content 
 

  NRF News 
  • NRF's Integrated Mobile Initiative to serve as hub for mobile trends
    Drawing from NRF's cross-sector membership base of more than 9,000 companies and industry experts, NRF's just-launched Integrated Mobile Initiative, or IMI, will serve as a focal point for discussion and best practices on the practical aspects of mobile retailing today. "Using our arsenal of internal and partner expertise, and industry and original research as the foundation, the IMI will bring real-life experiences to the table for in-depth conversation about the force that is mobile retailing," NRF's Senior Vice President of Communities and Executive Director of Shop.org Vicki Cantrell said. Read more. LinkedInFacebookTwitterEmail this Story
 
  • Lowest rate for Retail's BIG Show expires Aug. 10
    The NRF Annual Convention & EXPO earned the nickname "Retail's BIG Show" because it attracts the biggest crowd, the hottest companies, and the best minds in the industry. With more than 25,000 attending last year, including retailers from 78 countries such as Brazil, Canada and the U.K., the event is a can't-miss in 2013. Save $450 when you register by Aug.10 for this year's show, held Jan. 13 to 16 in New York City. Learn more or register. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
 
Position TitleCompany NameLocation
Director of Human ResourcesThe Buckle, Inc.Kearney, NE
Divisional Merchandising Manager, Men'sStein MartJacksonville, FL
Director of Planning Hot Topic, IncCity of Industry, CA
Merchandise Planner DirectSouth Moon UnderBerlin, MD
Talent Acquisition Manager - Corporate & Supply ChainBurlington Coat FactoryBurlington, NJ
Human Resources Manager - Aventura, FloridaBloomingdale'sAventura, FL
Oracle Database AdministratorSaks Fifth AvenueJackson, MS
Specialty Shop PlannerREIKent, WA
Product Safety & Quality Control SpecialistBurlington Coat FactoryBurlington, NJ
Assistant General Manager of MerchandisingSaks Fifth AvenueSan Antonio, TX
BuyerPayless ShoeSourceTopeka, KS
Planner – Merchandise DistributionPayless ShoeSourceTopeka, KS
VP Customer StrategyBurlington Coat FactoryBurlington, NJ
Marketing ManagerSleep ExpertsDallas, TX
Inventory AnalystREIKent, WA
Associate BuyerFloor and Decor Smyrna, GA
Vice President - TaxBurlington Coat FactoryBurlington, NJ
Director of CompensationBurlington Coat FactoryBurlington, NJ
Category ManagerSaks Fifth AvenueNew York, NY
Click here to view more job listings.

  SmartQuote 
Actions are the seed of fate. Deeds grow into destiny."
--Harry S. Truman,
33rd U.S. president


LinkedInFacebookTwitterEmail this Story

 
Subscriber Tools
     
Print friendly format | Web version | Search past news | Archive | Privacy policy

 
Advertise
Associate Publisher:  Dena Malouf (202) 407-7837
Job Board:  Jackie Basso (202) 407-7871
 
 
 Recent NRF SmartBrief Issues:   Lead Editor:  Megan Conniff
     
Mailing Address:
SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004
 
 
© 1999-2012 SmartBrief, Inc.® Legal Information