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March 20, 2013

  Top Story 
 
  • RECon panelists describe European retailers eager to tap Latin America
    European retailers are seeking growth opportunities in Latin America, according to panelists at the fourth annual RECon Latin America meeting, held in Santiago, Chile. Spain's Imaginarium, an educational-toy store chain, and Portugal's Parfois, a retailer of accessories for women, in particular are pushing to make inroads into the continent. SCT Newswire (3/19) Email this Story
Competitive bidding and higher execution
Auction.com online marketplace delivers a transparent playing field, attracting local buyers, global buyers and everyone in between. The results are quicker, more certain outcomes, and ultimately, better execution. See more about the auctions and view licensing information here.
  Industry Tracker 
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.

  Retail News 
 
  • Bergdorf Goodman to kick up construction dust
    New York City luxury department store Bergdorf Goodman has 40 construction projects set to launch in September. The new features will include a women's shoe salon that's 20% bigger than the old one, and reworked sections for designers including Saint Laurent and Chanel on the women's side and Ermenegildo Zegna and Brioni on the men's, said President Joshua Schulman. Women's Wear Daily (subscription required) (3/19) Email 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.

  Business Best Practices 
  • What you need to realize about failure
    People learn "by accelerating the failure cycle, not by avoiding it," writes Jeff DeGraff, a professor at the University of Michigan. This means you need to continually seek experiences that feel unfamiliar and that cause you to make mistakes. "We make it up as we go along. Otherwise it's just another lap around the planning circuit," he writes. CNNMoney/Fortune (3/18) Email this Story
  News from ICSC 
  • 2013 ICSC Foundation Annual Gala Dinner
    The ICSC Foundation, the non-profit public charity of ICSC, will celebrate its 25th Anniversary with a Gala Dinner at Bellagio Hotel & Casino May 19, in conjunction with RECon. The event includes a cocktail reception, dinner and entertainment by comedian impressionist Terry Fator, winner of “America’s Got Talent.” Limited seating tickets are available as well as sponsorship opportunities for companies wishing to invite clients to reserved tables. The ICSC Foundation promotes and rewards community support efforts and provides undergraduate, graduate-level and retail real estate practitioner’s educational scholarships. Buy tickets, sponsorships and ads here. Email this Story
  • Matchmaking portal is the perfect blend for franchise companies
    The IFA and the International Council of Shopping Centers have created an online matchmaking portal designed to streamline franchise companies seeking real estate and landlords and brokers looking for retailers to fill open space. The ICSC/IFA Matchmaking Database contains available retail properties by location, size, ownership/management and demographic information. ICSC and IFA members can post all their available properties and space needs for free by using the "Add/Update Space Requirements" or "Add/Update Your Available Space" buttons available at the site. Go online for more details. Email this Story
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  SmartQuote 
Nothing is more dangerous than an idea when it is the only one you have."
--Émile Chartier,
French philosopher and journalist


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