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September 27, 2012News for the retail industry

  Top Story 
 
  • RadioShack CEO leaves after 1-year stint
    RadioShack chief executive officer James F. Gooch left the post after a little more than a year, the company said Wednesday. "In its discretion, the board decided the timing was right," a company spokesman said. "Moving forward with the decision sooner rather than later will help establish the right leadership to address the company's challenges and capitalize on its opportunities." The Wall Street Journal (9/26) LinkedInFacebookTwitterEmail this Story
Apply 'The Art of War' to Beat Internet Pure Plays
What can retailers learn from 'The Art of War'? Back in the 6th century BC, the Chinese military strategist Sun Tzu developed a set of core concepts and principles. Accenture believes they are still highly relevant for retailers struggling to compete against online pure plays. Watch this video on 10 ways to compete with the e-commerce players.
  Industry Watch 
 
  • Store brands take on health consciousness
    Traditional grocers are introducing private labels with organic and healthful products to stay competitive against farmers markets and specialty stores. Kroger launched Simple Truth and Simple Truth Organic; Safeway debuted Open Nature in 2010; and SUPERVALU plans to expand private-label offerings this year. The Wall Street Journal (9/26) LinkedInFacebookTwitterEmail this Story
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  Retail Trends 
  • Why stores of the future will have smaller footprints
    The era of the big-box bricks-and-mortar store is waning as retailers retool physical spaces to become smaller and more adaptable in the digital age, according to a report. "Forward-thinking retailers should diversify format portfolios, test smaller footprints and offer niche products targeted to specific shopper segments," said Kantar's Bryan Gildenberg. MediaPost Communications/Marketing Daily (9/26) 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.

  Retail Technology 
  • Younger shoppers drive the showrooming trend
    Thirtysomething shoppers and their younger counterparts are largely behind the rapid growth of showrooming, using their mobile gadgets and tech savvy to seek out the best deals, according to AlixPartners. “Now that we can check online prices instantaneously by scanning barcodes, taking pictures or speaking into our smart phone, the barriers have come down and it has increased dramatically,” said managing director Joel Binder. Women's Wear Daily (subscription required) (9/26) LinkedInFacebookTwitterEmail this Story
  • Retailers develop new ways to track shoppers in stores
    Retailers looking to locate and track precisely where their customers are at any given second are still destined for disappointment, but a myriad of options that use everything from Wi-Fi signals to the earth's magnetic field are bringing them closer, writes StoreFrontBackTalk. StorefrontBacktalk (9/24) LinkedInFacebookTwitterEmail this Story
  Main Street 
 
  • The pros and cons of selling products on TV
    This article looks at the considerations behind whether Emmy-winning makeup artist and retailer Eve Pearl will accept an invitation to market her products on ShopNBC. Home-shopping TV can be an effective branding strategy and can give a business owner the opportunity "to tell her story in an extremely saturated category of business," said Jen Groover, creator of the Butler Bag and chief executive of Jen Groover Productions. The New York Times (tiered subscription model) (9/26) LinkedInFacebookTwitterEmail this Story
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.

  Policy & Government Affairs 
 
  • Darden, Sears change their employee health benefit approaches
    Thousands of full-time employees at Sears and Darden Restaurants will soon be eligible for new health-benefits plans that give them a "fixed sum of money" to put toward whatever medical coverage and insurer they pick from an online marketplace. "It puts the choice in the employee's hands to buy up or buy down," said Darden senior vice president Danielle Kirgan. The Wall Street Journal (9/26) 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.

  Sponsored Content 
 

  NRF News 
  • Don’t get spooked: Visit Halloween Headquarters for holiday resources
    A record 170 million people plan to celebrate Halloween this year and now is the time for retailers to plan for all of those extra holiday operations. Visit NRF’s Halloween Headquarters for the latest consumer survey results, historical holiday data, industry news and more to learn how shoppers plan to search and spend this Halloween season. Learn more. LinkedInFacebookTwitterEmail this Story
 
  • How to use ARTS standards to boost your social media presence
    While many retailers have seen success using social media to connect with customers, the capabilities and opportunities of social media are still evolving. At the ARTS Users’ Conference, Sept. 30 to Oct. 2 in Dallas, Darrell Sandefur, director of digital architecture at Luxottica Retail, will explore the different types of social media goals, strategies, and tactics being employed in the retail industry. Attendees will also review the "ARTS Social Media Blueprint for Retail" whitepaper, an ARTS resource that delves into available programs, technologies and tools for incorporating social media into retailers’ business plans. Learn more. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
  • Arby's makes strides standing alone
    Arby's saw its same-store sales rise 4.9% last year and expects to see additional gains in 2012, CEO Hala Moddelmog said. The chain last year reported declines before a buyout by Roark Capital Group 18 months ago separated Arby's from Wendy's. Since going private in the deal, Arby's has engineered a turnaround strategy that includes revamping its menu with new items such as a hot turkey sandwich, closing unprofitable stores and aggressively signing new franchisees. The Atlanta Journal-Constitution (9/26) LinkedInFacebookTwitterEmail this Story
 
Position TitleCompany NameLocation
Senior Vice President of MarketingTotal Wine & MorePotomac, MD
Associate Program Designer/Project ManagerCustomer Communications GroupCharlotte, NC
Process/Distribution Center Manager VitaminshoppeNorth Bergen, NJ, NJ
Regional Human Resouces ManagerSpencer Gifts/Spirit HalloweenSan Francisco Bay Area, CA
Director of Business IntelligenceGolfsmith International Austin, TX
Marketing Manager - Mass MediaREIKent, WA
Creative DirectorLa-Z-Boy IncorporatedMonroe, MI
Executive AssistantTracyLockeWilton, CT
Associate BuyerFloor and Decor Smyrna, GA
Associate Buyer, Children's BooksBarnes & Noble Inc.New York, NY
BuyerBarnes & Noble Inc.New York, NY
Corporate Safety ManagerOfficeMaxNaperville, IL
Click here to view more job listings.

  SmartQuote 
No one ever said on their deathbed, 'Gee, I wish I had spent more time alone with my computer.'"
--Danielle Berry,
American computer programmer


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