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March 28, 2013News for the retail industry

  Top Story 
 
  • J.C. Penney changes pricing strategy on store brands
    J.C. Penney plans to raise prices on store brands such as St. John's Bay, jcp, Stafford and Arizona, then lower them to appear as a discount. "While our prices continue to represent a tremendous value every day, we now understand that customers are motivated by promotions and prefer to receive discounts through sales and coupons applied at the register," says spokeswoman Daphne Avila. Reuters (3/27) LinkedInFacebookTwitterEmail this Story
Tender Retail invites you to: Payment Landscape conference!
Come meet an unprecedented line-up of renowned speakers. Discover how key partners can assist you in successfully navigating through the inevitable changes affecting the US payment landscape. Key topics: mobile technology, EMV (Chip&PIN), security, alternative payments, and more! Take advantage of a full day with industry experts. Learn more!
  Industry Watch 
  • Retail veteran Tom Shull leads U.S. military's AAFES
    Retail stores and malls operated by Army & Air Force Exchange Service increasingly will compete with chains including Wal-Mart, Best Buy and Cabela's as veterans return home from Iraq and Afghanistan, making it vital for the operation to keep up with the times. At the helm is former Barneys New York CEO Tom Shull, the first civilian ever to hold the top job at the $10 billion-a-year retail business. The Dallas Morning News (subscription required) (3/20) LinkedInFacebookTwitterEmail this Story
  • Sears aims at Amazon with e-commerce fulfillment service
    Sears is launching an initiative to ship products sold by other online retailers. Along with drawing e-tailers to the existing Sears.com Marketplace, which lets online sellers connect with buyers, the move is intended to challenge Amazon's dominance of the e-commerce sphere. "We have to change the game," explains Sears CEO Edward Lampert. "We not only need to adapt, we need to lead and stay ahead of the curve." The Wall Street Journal/Dow Jones Newswires (3/27) LinkedInFacebookTwitterEmail this Story
  Retail Trends 
  • Retailers rush red-carpet-inspired fashions to market
    Instant images of the latest looks from the red carpet splashed across blogs and social media sites spur retailers from Sears to Forever 21 to add the looks to their collections more quickly. A month after the Oscars, prom dresses modeled after popular styles, such as the white gown worn by Jennifer Laurence, are on sale at Sears, and all the pink at the event has inspired new looks at BCBGMAX Azria. Forbes (3/27) LinkedInFacebookTwitterEmail this Story
  • Why customers make the purchasing decisions they do
    Understanding the way consumers make buying decisions is more critical than ever in today's fast-moving world, as evidenced by the success of Costco and Warby Parker, writes author and Wharton School professor Barbara E. Kahn. "First, consumers recognize a need, then they search for information about products that might solve that need, they create a consideration set, and finally make a choice." Harvard Business Review online (3/27) LinkedInFacebookTwitterEmail this Story
 
  Retail Technology 
  • Survey: Consumers use mobile more for banking than buying
    Consumers used their smartphones to check bank balances, make deposits and pay bills 33% more last year than the year before, according to the Federal Reserve, but they're not showing the same enthusiasm when it comes to making mobile payments in stores and restaurants. Only 6% of Americans paid with a smartphone last year and fewer than 25% are interested in being able to do so. The Wall Street Journal (3/27) LinkedInFacebookTwitterEmail this Story
Network with global supply chain leaders
NRF's Global Supply Chain Summit, May 19-21 in Dallas, Texas, provides a unique opportunity to network and learn from senior-level retail supply chain executives and key strategic partners in a collaborative atmosphere. Save $200 when you register by May 1. Register now.
  NRF News 
  • Charting the path of retail technology with ARTS standards
    From guiding retailers on their path to achieving seamless integration with point-of-sale and cloud systems, business process models, mobile and more over the past 20 years -- you could say the Association for Retail Technology Standards has led the retail industry through the IT learning curve. At Retail’s BIG Show, executives representing retailers and solution providers explained why ARTS standards are essential to their business and presented the ARTS roadmap for 2013 and beyond. Read more. Retail's BIG Blog (2/14) LinkedInFacebookTwitterEmail this Story
 
  • How will Department of Transportation initiatives affect supply chains?
    Retail supply chain executives are faced with increasingly complex challenges, complicated in part by an aging transportation infrastructure. At NRF’s Global Supply Chain Summit, May 19 to 21 in Dallas, Deputy Transportation Secretary John Porcari will address the Obama Administration’s key initiatives that will impact how efficiently retailers can get products to store shelves and in consumers’ hands. Learn more and register. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF | Govt Relations | NRF Events | STORES | NRF Foundation

  Chain Restaurant News 
  • Wendy's lowers forecast for Affordable Care Act costs
    New requirements set to take effect next year under the Affordable Care Act will cost about $5,000 per restaurant for Wendy's, about one-fifth of the chain's original estimate, CFO Stephen Hare said. Some workers will find options that are more cost-effective than the company plan, he said, and others will likely opt not to get insurance and opt instead to pay the less-expensive personal penalty. The Wall Street Journal (3/27) LinkedInFacebookTwitterEmail this Story
 
Position TitleCompany NameLocation
Buyer - Basketball CategoryFootlocker.com/EastbayWausau, WI
Director of Retail SystemsPerry Ellis InternationalMiami, FL
Compliance Manager- Program Assessment and EngagementGap Inc.San Francisco, CA
Retail Store ManagerThe Orvis CompanyMemphis, TN
Retail Planning ManagerThe Orvis CompanySunderland, VT
Retail Fishing ManagerThe Orvis CompanyPasadena, CA
Retail Fishing ManagerThe Orvis CompanyLombard, IL
Merchandise Replenishment Analyst job#3769Headquarters Marine Corps Community Services (MCCS)Quantico, VA
Director of MarketingCity Sports, Inc.Boston, MA
Click here to view more job listings.

  SmartQuote 
We owe something to extravagance, for thrift and adventure seldom go hand in hand."
--Jennie Jerome Churchill,
American-born British society figure


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