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October 2, 2012News for the retail industry

  Top Story 
  • NRF expects holiday growth to hit 4.1%
    Retail sales are on track to rise 4.1% in November and December, down from a 5.6% rise in the holiday sales period last year, NRF forecast Tuesday. "It's the uncertainty about where the economy is going, the uncertainty at the federal level about the fiscal cliff, the absence of a path forward from the president and the Congress," said NRF President and CEO Matthew Shay. Reuters (10/2), The Washington Post/The Associated Press (10/2), Bloomberg (10/1) LinkedInFacebookTwitterEmail this Story
  Industry Watch 
  • Macy's to boost holiday hiring to 80,000
    Macy's will hire about 80,000 seasonal staffers for its namesake and Bloomingdale's stores and to staff call centers and online retail fulfillment centers, the company said Monday. Hiring will be up about 2% compared to last year; the company employs about 175,000 permanent staffers. USA TODAY/The Associated Press (10/1) LinkedInFacebookTwitterEmail this Story
  • Toys R Us to match prices this holiday season
    Toys R Us has launched a "Price Match Guarantee" on all products in the store through Christmas Eve, in a push to increase market share. Customers presenting current, valid print ads touting a lower price at a competing retailer will get the lower price, the company said. The Wall Street Journal (10/2) LinkedInFacebookTwitterEmail this Story
  • Bergdorf Goodman show off new men's shoe department
    Bergdorf Goodman recently debuted a bigger shoe department at its Fifth Avenue men's store in New York City, which consolidates all of the footwear in one place and adds a host of new lables including Yves Saint Laurent, Giorgio Armani, and Florsheim by Duckie Brown. Women's Wear Daily (subscription required) (10/1) LinkedInFacebookTwitterEmail this Story
  • Other News
  Retail Trends 
  • How to compete with tech titans
    Five tech titans including Amazon and eBay are going head-to-head against retail's top players, but they're not doing anything that traditional retailers don't have the tools and ability to do, said retail experts Lori Schafer and Deborah Weinswig at Shop.org's Annual Summit. Partner with tech rivals when possible, emulate them when you can and spend resources where it makes the most sense, they advise. STORES magazine (10/2012) LinkedInFacebookTwitterEmail this Story
  Retail Technology 
  • Bloomingdale's, Microsoft teamed on Fashion Week event
    Bloomingdale's partnered with Microsoft to create a Fashion Week event that showed off the intersection of fashion and technology. The star of the week was Swivel, a virtual fitting room that uses Windows Kinect technology to let users try on new looks, which Bloomingdale's showcased at 20 of its stores. STORES magazine (10/2012) LinkedInFacebookTwitterEmail this Story
  • Traditional retailers take cues from clicks
    Brick-and-mortar retailers are taking some lessons from e-commerce, including replacing sometimes half-dressed mannequins with digital screens that can be updated quickly. The U.K.'s Marks & Spencer has incorporated a slew of new digital technology in its newest store. eConsultancy.com (10/1) LinkedInFacebookTwitterEmail this Story
  NRF News 
  • NRF forecasts holiday sales increase of 4.1%
    Though rising consumer confidence is slightly outweighing economic and fiscal uncertainties -- including the upcoming presidential election, confusion surrounding the fiscal cliff, and an unemployment rate stuck at 8% -- NRF’s holiday forecast is the most optimistic since the recession. Surpassing the 10-year average of 3.5%, holiday sales this year are expected to increase 4.1% to $586.1 billion. Read more. LinkedInFacebookTwitterEmail this Story
 
  • How Pier 1 found omnichannel success with ARTS
    At a time when many retailers were entering e-commerce, Pier 1 took a step back in 2007 to find the best opportunities to unite cutting-edge technology and seamless store operations. But what steps were involved to find the solutions to fit their business needs? In his keynote presentation at the ARTS Users’ Conference yesterday, Pier 1 SVP and CIO Officer Andrew Laudato explained how, with the help of ARTS-based solutions, the company transitioned to a cloud-based model to revamp their online presence and become truly omnichannel. Read more. Retail's BIG Blog (10/2) LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
  • Red Lobster aims to broaden appeal with new menu
    Darden Restaurants-owned Red Lobster will debut new menu items on Oct. 15 that are designed to appeal to the non-seafood fans in the group. The new menu will boost non-seafood dishes from about 8% to about 25% of the total menu, and will include more lower-priced and lighter dishes including salads as well as new recipes such as Parmesan-crusted Chicken Alfredo, the company said. SeattlePI.com/The Associated Press (10/1) LinkedInFacebookTwitterEmail this Story
  • Taco Bell touts purple glow of redesigned restaurants
    Taco Bell is celebrating its 50th birthday this year with a redesign that it is testing at three locations with plans to add three more next year. The design includes a slew of subtle changes aimed at making the stores look sleeker and more modern, plus exterior lighting that makes the structure glow purple as night falls. The Huffington Post (10/1) LinkedInFacebookTwitterEmail this Story
 
Position TitleCompany NameLocation
Retail Associate Merchandise ManagerHallmarkKansas City, MO
Senior Vice President of MarketingTotal Wine & MorePotomac, MD
Associate BuyerFloor and Decor Smyrna, GA
Regional Human Resouces ManagerSpencer Gifts/Spirit HalloweenSan Francisco Bay Area, CA
Director of Business IntelligenceGolfsmith International Austin, TX
Executive AssistantTracyLockeWilton, CT
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.

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  SmartQuote 
Even if you're on the right track, you'll get run over if you just sit there."
--Will Rogers,
American performer, humorist and critic


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