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March 13, 2013News for the retail industry

  Top Story 
  • Costco boosts profits, market share
    Costco's second-quarter earnings beat analysts' expectations as the warehouse retailer booked higher membership fees and continued to gain market share. "The retailer's ability to keep members engaged and coming back for more is unparalleled," said analyst Sandy Skrovan. CNBC/Reuters (3/12) 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 
 
  • Ulta makes interim CFO appointment permanent
    Beauty products retailer Ulta has named interim chief financial officer Scott Settersten to the post permanently, the company said Tuesday. Settersten, a 15-year PricewaterhouseCoopers veteran, took over the post in October when Bruce Hartman left after a month on the job. The Wall Street Journal (3/12) LinkedInFacebookTwitterEmail this Story
  • A&P expects $130M from real estate sales
    A&P says it will "unlock substantial real estate value" as it sells noncore properties. The 300-store chain, which emerged from bankruptcy in March 2012, will generate $130 million or more through "a combination of leasehold sales and sale-leaseback transactions," according to the company. Progressive Grocer (3/12) LinkedInFacebookTwitterEmail this Story
  • Penney's CEO: Focus in on the customer
    J.C. Penney went upscale last week with a pop-up shop designed to tout its collaboration with Canadian apparel brand Joe Fresh. CEO Ron Johnson acknowledged early missteps in his turnaround strategy, but said he's focused on moving forward with the chain's efforts to bring business back to the stores. "The business backdrop is interesting, but my focus is totally on the customer. That's where I need to spend my time." Los Angeles Times (tiered subscription model) (3/12) 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 Trends 
 
  • Retail sales rose sharply in February
    February retail sales rose 1.1%, the biggest jump in five months, as consumers spent more in eight out of 13 categories including autos, building materials and general merchandise, according to a Commerce Department report released Wednesday morning. "These numbers are cause for cautious optimism," said analyst Terry Sheehan of Stone & McCarthy Research. Bloomberg (3/13), Chicago Tribune (tiered subscription model)/Reuters (3/13) LinkedInFacebookTwitterEmail this Story
  • Can retailers be all things to all shoppers?
    Retail is moving closer to an omnichannel world where some shopping trips can be achieved with a few clicks and others require a trip to see and touch the product before purchase. In response, traditional retailers are making online moves, online retailers are starting to gain a physical presence and things are changing constantly as merchants on both sides figure out how to meet the new demands, writes marketer Lisa Arthur. Forbes (3/12) 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 
 
  • Column: Can Google help retailers compete with Amazon?
    Reports that Google may help retail chains keep their customers away from doing business with Amazon by providing same-day delivery of products are circulating on the Internet, Don Davis writes in this analysis. Amazon overtook Google on shopping-related searches in 2011, according to Forrester Research. Davis details the operational issues that Google and retailers would face in implementing a delivery scheme. Finally, a Google spokeswoman says the company has "nothing to announce at this time." Internet Retailer (3/12) LinkedInFacebookTwitterEmail this Story
The ROI of Privacy with TRUSTe Solutions
Investment in a Data Privacy Management Platform can deliver significant, positive financial returns for corporate bottom lines. The "Total Economic Impact (TEI) of TRUSTe" Study explains how Forrester Analysts calculated a 151% ROI for TRUSTe customers. Download the study now.

  NRF News 
  • Why consumers are falsely "warned" about credit card surcharges
    A blitz of propaganda has erupted across the country as credit card companies look to divert shoppers' attention away from the consistent rise in swipe fees, which have tripled over the past decade. A proposed settlement of merchants' lawsuit over swipe fees would theoretically let retailers surcharge for credit card use, but NRF President and General Counsel Mallory Duncan says most merchants have no plans to do so. Read more. STORES magazine (3/2013) LinkedInFacebookTwitterEmail this Story
 
  • For Walgreens, omnichannel is imperative to success
    From redesigned flagship stores to enhanced fulfillment options such as same-day delivery, Walgreens has diligently repositioned the 112-year-old company to be a model 21st-century retailer. During Retail’s BIG Show in New York, Walgreens' vice president of e-commerce shared a glimpse of the company’s omnichannel evolution and how investments both online and off have helped meet the demands of the digital age. Read more. Shop.org Blog (2/6) LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF | Govt Relations | NRF Events | STORES | NRF Foundation

  Chain Restaurant News 
  • Dunkin' to move to 100% sustainable palm oil
    Dunkin' Brands will set a timetable for ensuring all of its palm oil comes from sustainable sources or is offset by purchasing certificates, the company said. New York state Comptroller Thomas DiNapoli, in response, withdrew a shareholder resolution requesting that the company consider how palm-oil production affects society and the environment. The Wall Street Journal/The Associated Press (3/7) LinkedInFacebookTwitterEmail this Story
 
Position TitleCompany NameLocation
Client Manager4R Systems, Inc.Berwyn, PA
Allocation and Replenishment ManagerHibbett Sporting Goods, Inc.Birmingham, AL
Buyer-eCommercePetSmartPhoenix, AZ
Sr. Manager, Site MarketingPetSmartPhoenix, AZ
Sr. Manager, SearchPetSmartPhoenix, AZ
Senior Corporate Internal AuditorPetSmartPhoenix, AZ
Merchandise PlannerSTEIN MARTJacksonville, FL
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 MarketingCity Sports, Inc.Boston, 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
Vice President of Retail, Parks & ResortsDelaware North CompaniesBuffalo, NY
VP of MerchandisingUniversity Co-operative SocietyAustin, TX
Director Internal AuditUlta BeautyBolingbrook, IL
Click here to view more job listings.

  SmartQuote 
Humor is an affirmation of dignity, a declaration of man's superiority to all that befalls him."
--Romain Gary,
French diplomat, novelist, film director and aviator


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