| November 2, 2012 | News for the retail industry |
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| Industry Watch | | |
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- Retailers work to get back to normal after the storm
Retailers and malls in New Jersey, New York and Connecticut continued to get more locations up and running on Thursday, three days after Hurricane Sandy devastated parts of the area and left millions without power. Chains including Kohl's, Sears, J.Crew, Talbots and Nordstrom made progress but still had some stores unable to open due to power outages. Women's Wear Daily (subscription required)
(11/2)     
- Fast Retailing debuts new store concept in Tokyo
Japan's Fast Retailing has opened its first Uniqlo Marché store, a 28,000-square-foot two-story space inside Tokyo's Printemps Ginza department store. The new store concept is designed to show off several of Fast's brands including Comptoir des Cotonnniers, Theory offshoot PLST, G.U., and lingerie line Princesse Tam Tam. Women's Wear Daily (subscription required)
(11/1)
| Retail Trends | | |
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- RAND sees downside to retail-clinic expansion
As more retail clinics open, there is concern that consumers will miss out on comprehensive health services by relying on clinics instead of physicians, according to a study by the RAND Corporation. While retail clinics do not aim to provide primary care, their low cost and convenience might lure consumers away from a "medical home." Reuters
(11/1)
| Retail Technology | | |
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- PayPal joins price-matching game
PayPal introduced price matching for the holidays, promising to make up the difference if a customer using the service to pay finds the same item elsewhere for less, the eBay-owned company said. The program aims to persuade consumers to use PayPal in store and online. Reuters
(11/1)
- Google Wallet extends appeal with e-commerce payments for mobile
In the struggle to seize ground in the slowly developing mobile-wallet field, Google is expanding the functionality of its offering by adding easy, three-tap checkouts for e-commerce sites that provide Google Wallet as an option. The feature is designed to make Google Wallet a more attractive choice for consumers. But it should also help online retailers consummate m-commerce sales, 97% of which are abandoned on smartphones due to the difficulty of filling out payment information on a tiny screen. TechCrunch
(11/1)
| Policy & Government Affairs | | |
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- NRF urges court to reject Visa, MasterCard settlement
NRF filed a brief Thursday in U.S. District Court in New York, outlining the reasons the trade group and many of its national retail members believe a judge should reject the swipe-fee settlement proposed by Visa and MasterCard. The brief argued against giving the case class-action status and said a provision barring even retailers that opt out of the settlement from filing future claims is too broad. Bloomberg Businessweek/The Associated Press
(11/1)
| NRF News | | |
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- ABC News: Retailers continue to grapple with organized retail crime
 Shrink cost retailers more than $34 billion in 2011, with shoplifting accounting for over one-third of losses alone, according to NRF. As NRF’s Vice President of Loss Prevention points out in this recent interview with ABC Nightly News, organized retail crime syndicates are cashing in on innocent shoppers by reselling stolen items through anonymous vendors like online auction sites or flea markets -- compromising the health and safety of consumers while making it more difficult for retailers to put a stop to this costly crime. Watch the video. Retail's BIG Blog
(11/2)
- How "socialnomics" is transforming the retail industry
As the explosion of new social, mobile and digital technologies profoundly change how consumers acquire, interpret and act on information, retailers must reinvent how to connect with their target shopper. In a keynote at Retail's BIG Show this January, Eric Qualman, best-selling author of "Socialnomics," will offer a fascinating look at the impact of social media on retailers and the challenges they face in this new digital world, as well as provide real-world examples of retailers leveraging technologies and analytics to meet customers' expectations. Learn more.
| Chain Restaurant News | | |
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- Coupons, daily deals help Starbucks boost results
Starbucks profits and same-store sales rose in the most recent quarter, driven largely by promotions including "treat receipts" designed to bring morning coffee drinkers back in the afternoon and a LivingSocial daily deal. The chain plans to take a cautious approach to promotions going forward, CEO Howard Schultz said, because too much discounting can boost traffic but take a bite out of profits. The Wall Street Journal
(11/1)
- Denny's to add BYO Burgers to the new menu
Denny's new menu set for release in January will include the addition of a permanent Build Your Own Burger option. The casual family dining chain launched the feature as a promotional offering this year and found it resonated strongly with core customers, the company said. BurgerBusiness.com
(11/1)
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| Position Title | Company Name | Location |
| Senior Vice President, General Merchandise Manager | Total Wine & More | Potomac, MD |
| The Divisional Merchandise Manager - Ladies | Stein Mart | Jacksonville, FL |
| Sr. Food Buyer | 99¢ Only Stores | Los Angeles, CA |
| Sr. General Merchandise Buyer | 99¢ Only Stores | Los Angeles, CA |
| Senior Vice President of Marketing | Total Wine & More | Potomac, MD |
| General Merchandise Manager | Five Below, Inc. | Philadelphia, PA |
| Advertising Manager | REI | Kent, WA |
| Channel Sales and Business Development | SLI Systems | San Jose, CA |
| Sales Director - East Coast | SLI Systems | New York/New Jersey, NY |
| Market Development Representative | SLI Systems | San Jose, CA |
| Selling Manager - Handbags | Saks Fifth Avenue | Palm Beach Gardens, FL |
| District Manager | Hallmark | New Orleans, LA |
| Product Manager - Time Tool Optics/ NavCom | REI | Kent, WA |
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| SmartQuote | | |
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 | Thinking is the enemy of creativity. It's self-conscious, and anything self-conscious is lousy. You can't try to do things. You simply must do things."
--Ray Bradbury,
American writer
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| | Recent NRF SmartBrief Issues:
- Thursday, November 01, 2012
- Wednesday, October 31, 2012
- Tuesday, October 30, 2012
- Monday, October 29, 2012
- Friday, October 26, 2012
| | | Lead Editor: Megan Conniff
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Nearly half of online retailers said the average order value on tablets was higher than sales via websites. Source: 
