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January 17, 2013News for the retail industry

  Top Story 
  • American Eagle to cut back on discounting
    American Eagle Outfitters aims to cut its annual merchandise markdown rate from 37% to 30%, with more careful inventory management and fewer promotions during the year, the company said Wednesday. The teen apparel chain began its efforts to reduce promotions last year, a move CEO Robert Hanson said will result in a 1% improvement in margin performance for 2012. The Wall Street Journal (1/16) LinkedInFacebookTwitterEmail this Story
  Industry Watch 
  • CEO: What lululemon learned from the holidays
    Lululemon, known for its $100 yoga pants, will raise its game with bold moves rather than diving into the discounting game to attract customers, said CEO Christine Day. In this CNBC interview, she also shares insight into the retailer's holiday season missteps, changing shopping trends and how the company is addressing them. CNBC (1/16) LinkedInFacebookTwitterEmail this Story
 
  • Meijer selects president and co-CEO
    J.K. Symancyk, who joined Meijer in 2006 and has been chief operating officer for a year, has been named president of the retail chain. Mark Murray will become co-CEO, a newly created position, alongside Hank Meijer. "Having worked with J.K. in his different roles here at Meijer, we are very confident he is the right leader to help continue our path of growth and expansion," Hank Meijer said. Progressive Grocer (1/15) LinkedInFacebookTwitterEmail this Story
  • What the digital revolution means to Belk
    Digital technology is driving the biggest upheaval in business since the Industrial Revolution, and it's vital for retailers to keep up, Deloitte's Alison Paul said in a session at Retail's BIG Show. Belk CEO Thomas Belk Jr. detailed how his chain invested millions in new technology in its push to cater to the bigger-spending omnichannel shopper. Retail's BIG Blog (1/16) LinkedInFacebookTwitterEmail this Story
 
  Retail Trends 
  • High-end retailers feed demand for personalization
    A Nordstrom store in White Plains, N.Y., featured lingerie personalized with monograms and messages last month, catering to the growing trend of luxury shoppers looking to put their own stamp on products from throw pillows to panties. "There is a new kind of importance placed on self-expression and on items that are made just to be identified with an owner," said luxury consultant Robert Burke. Bloomberg Businessweek (1/16) LinkedInFacebookTwitterEmail this Story
  • Retail executives reflect on the 2012 holidays
    Discounts aren't going away anytime soon as budget-squeezed consumers continue to demand deals, but some retailers are finding ways to cut back on promotions in search of better margins, a hot topic as executives reflected on the holiday season at the ICR XChange this week. "This year was a very compressed holiday season right up to the end, and we had lines that were 50 to 70 people deep, an hour wait to buy a gift card," said lululemon CEO Christine Day. Women's Wear Daily (subscription required) (1/16) LinkedInFacebookTwitterEmail this Story
  NRF 102nd Annual Convention & Expo 
  • Amazon's award illustrates retail's evolution
    The retail industry is changing in significant ways, a fact on display when NRF gave its highest retail award to Amazon's Jeff Bezos at Retail's BIG Show this week. Forbes contributor TJ McCue cheers the decision to recognize the online retail pioneer. "Amazon is a worthy competitor and one that is setting the stage for retail’s future, or, its demise." Forbes (1/16) LinkedInFacebookTwitterEmail this Story
 
  • Political uncertainty colors retailers' mood
    Retailers gathered for Retail's BIG Show this week were optimistic as they explored the many ways technology and trends are coming together to shape the industry's future, but there was less optimism and more worry when the talk turned to politics. "Retailers want some level of certainty about taxes, some level of certainty about the deficit, some level of certainty about the debt ceiling. All these things are just hanging out there and need resolutions," said Macy's chairman and CEO Terry Lundgren. Women's Wear Daily (subscription required) (1/17) LinkedInFacebookTwitterEmail this Story
 
  Retail Technology 
  • How in-store tech tools can combat showrooming
    Savvy brick-and-mortar merchants are working to reverse the effects of showrooming, arming associates with iPads and other mobile tools to keep customers coming back, said panelists at Retail's BIG Show this week. "You should bring technology into the store, instead of having the consumer go home and use their own technology," said Macy's director of consumer insights and strategy Cheryl Berinato. Luxury Daily (1/16) LinkedInFacebookTwitterEmail this Story
  NRF News 
 
 
  • An exclusive look inside RAMA’s CMO Summit
    While thousands of retailers packed New York’s Javits Convention Center on Tuesday, a select group of retail advertising and marketing executives met across town to network and discuss hot industry topics. A Flickr slideshow and a #CMO13 Twitter feed on Retail’s BIG Blog provide a glimpse inside the meeting, which discussed how to manage and structure omnichannel strategies across an organization, how to best leverage large amounts of customer data, the ways chief marketing officers’ roles are evolving and more. Read more. Retail's BIG Blog (1/16) LinkedInFacebookTwitterEmail this Story
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  Chain Restaurant News 
  • Dunkin' maps a return to Southern California
    Dunkin' Donuts westward expansion will take it to Southern California, with plans to sign franchisees and open restaurants in at least six markets by 2015. It's the second time around for the chain, which operated about 15 California stores in the late 1990s but eventually closed them all, saying it lacked the infrastructure needed to grow. The Boston Globe (tiered subscription model) (1/16) LinkedInFacebookTwitterEmail this Story
 
Position TitleCompany NameLocation
Technical Support Statistician - Retail SolutionsSAS InstituteNationwide, United States
Assistant BuyerEverything But WaterOrlando, FL
Merchandise BuyerEverything But WaterOrlando, FL
Marketing Manager GFS Marketplace Grand Rapids , MI
Vice President of StoresKitchen & CompanyWilmington, DE
Vice President of MarketingSleep ExpertsCarrollton, TX
Selling Manager - Women's ShoesSaks Fifth AvenueMiami / Dadeland, FL
Immediate Opening for Experienced Transactional Real Estate Attorney ConfidentialSan Francisco, CA
Brand AmbassadorSaks Fifth AvenueBal Harbour, FL
Safety Program Manager CarMaxRichmond, VA
Assistant DesignerKohl's Department StoresMilwaukee , WI
Century 21 Department Stores eCommerce Project ManagerCentury 21Secaucus, NJ
BuyerCentury 21 Department Storesnew york city, NY
Oracle Merchandise Operations Management Consultants Oracle America IncNationwide, United States
Director of MarketingSaks Fifth AvenueHuntington Station - Long Island, NY
Click here to view more job listings.

  SmartQuote 
Admiration is a very short-lived passion that immediately decays upon growing familiar with its object; unless it be still fed with fresh discoveries, and kept alive by a perpetual succession of miracles rising into view."
--Joseph Addison,
British writer and politician


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