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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 
 
Without RFID, Inventory Accuracy is Poor
RFID gives brick-and-mortar retailers the data-driven insights that online retailers leverage every day. RFID-based inventory management delivers benefits to retailers, including significant revenue and gross margin uplift, enhanced customer service, confident omni-channel execution, and business insight from inventory analytics. Learn more in this free white paper.
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  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
Embrace Disruptive Innovation
Traditional business is constantly being impacted by overwhelming and sudden shifts in the marketplace. This new normal is "disruptive innovation". Read this white paper to learn what disruptive innovation is and how your company can use cloud ERP to stay in the game.
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  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
Get with the flow. How payment processing affects cash flow.
Cash flow is the lubricant of business. Without a healthy cash flow, business dries up. It stops. It can't function. Which is why it is vital to keep the revenues coming in as the expenses go out. But there's one aspect of cash flow that many of us are not aware of. It is how managing credit cards and other such non-cash payments affect cash flow. Turns out it has a huge affect. Download the free guide today.
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  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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