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October 29, 2012News for the retail industry

  Top Story 
 
  • East Coast retailers prepare for Hurricane Sandy
    Retailers on the East Coast were boarding up windows and battening down the hatches Sunday to prepare for Hurricane Sandy, but even stores preparing to evacuate late Sunday stayed open during the day to serve shoppers on the hunt for supplies. Major retailers have about 10% of their U.S. stores in Sandy's path; experts say retailers lose during hurricanes both because people avoid malls and because they buy necessities and forgo luxuries and impulse buys. Women's Wear Daily (subscription required) (10/28), CNBC (10/28) LinkedInFacebookTwitterEmail this Story
  • Monster storm bears down on Halloween sales: Some 170 million American consumers were set to spend about $8 billion in Halloween this year, according to NRF survey data gathered weeks before Hurricane Sandy became a threat. It's too early to know how badly the storm will impact Halloween sales, but it's likely that many in the East put off planned costume and candy purchases in favor of storm supplies, writes Forbes' contributor Laura Heller. Forbes (10/26) LinkedInFacebookTwitterEmail this Story
Webinar: How social can influence and monetize brand engagement
Join TIBCO Loyalty Lab for the Success with Social Loyalty webinar Tuesday, November 6 at 10:30am PST. Learn how to integrate social activity into existing reward structures and how companies are shifting from rewarding transactions to rewarding engagement. Register now and turn the promise of social loyalty into a results-producing reality.
  Industry Watch 
  • Lord & Taylor to open NYC flagship on Thanksgiving
    Lord & Taylor will open its Fifth Avenue flagship from 10 a.m. to 7 p.m. on Thanksgiving Day, in a surprise move that breaks with tradition. The city's other major department stores, Saks Fifth Avenue, Bergdorf Goodman, Macy’s and Bloomingdale’s, have no plans to open on the holiday. Women's Wear Daily (subscription required) (10/26) LinkedInFacebookTwitterEmail this Story
  • Piperlime, Spanx cross channel borders in pursuit of sales
    Spanx will open new branded stores while retailer Brookstone makes its gadgets available at Target, a couple of the latest examples of the ways brands are branching out to build sales in a digital age. Online retailers Warby Parker, Bonobos and Gap's Piperlime have also ventured into the realm of brick-and-mortar stores. USA Today (10/28) LinkedInFacebookTwitterEmail this Story
  • Other News
  Retail Trends 
  • The bricks-versus-clicks battle heats up for the holidays
    Brick-and-mortar retail chains are finding more ways to fight back against online competitors, from price-matching guarantees to digital store upgrades to promotions touting the advantages omnichannel retailers offer. "Every possible way the customer wants to use the Internet — or their neighborhood store — to interact with Toys R Us is available," said Toys R Us CEO Jerry Storch. Los Angeles Times (tiered subscription model) (10/28) LinkedInFacebookTwitterEmail this Story
  • 5 holiday shopping predictions to pay attention to: Consumers are expected to start holiday shopping earlier this year, thanks in part to expanded layaway programs from retailers looking to capture a more of the $586 billion in consumer spending. Americans are expected to spend 4.1% more on the holidays this year, according to an NRF survey. "In spite of the uncertainties that exist in our economy and among consumers, we believe we’ll see solid holiday sales growth this year,” said NRF President and CEO Matthew Shay. The Charlotte Observer (N.C.) (10/27) LinkedInFacebookTwitterEmail this Story
  Retail Technology 
  Hot Topics 

Top five news stories selected by NRF SmartBrief readers in the past week.

  • Results based on number of times each story was clicked by readers.
  Policy & Government Affairs 
  • EBay, Costco support book reseller in Supreme Court case
    The Supreme Court will hear a case Monday to determine whether a student infringed on copyright protections when he went on eBay to resell textbooks bought by his relatives in Thailand. Costco, eBay and Google back the student, in the case that will answer questions about what legal protections copyright holders have when a product made outside the U.S. is sold. The Washington Post/The Associated Press (10/29) LinkedInFacebookTwitterEmail this Story
  NRF News 
  • Wal-Mart President and CEO Bill Simon joins Retail BIG Show as keynote
    Providing value today is more than offering shoppers the lowest prices; successful brands take notice of big issues that matter to customers and their communities. Wal-Mart President and CEO Bill Simon will discuss this and more at Retail’s BIG Show, Jan. 15 in New York City. In his keynote address, Simon will elaborate on the role Wal-Mart and the industry as whole must play in the revival and recovery of the American economy. Read more. LinkedInFacebookTwitterEmail this Story
 
  • How to use social media to create meaningful conversations
    Effectively engaging with customers through social media means more than delivering relevant content to fans. The medium has quickly become a primary space for retailers to monitor consumer sentiments and gather consumer insights to cultivate trends. In a STORES webinar on Nov. 1, executives from SAP Retail and Bazaarvoice will provide real-world examples of the ways retailers are analyzing user-generated content to manage customer interactions, improve loyalty and drive sales on social media. Learn more or register. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF | Govt Relations | NRF Events | STORES | NRF Foundation

  Chain Restaurant News 
  • Star quarterback buys Papa John's franchise
    Broncos quarterback Peyton Manning will invest in 21 Papa John's franchises in the Denver market. The pizza chain's CEO John Schnatter officially announced the newest franchisee during a spot that aired Sunday. “I don’t know of a person or business partner who has a higher standard on quality or competes more fiercely than Peyton Manning - on and off the field,” Schnatter said. Bloomberg Businessweek (10/27) LinkedInFacebookTwitterEmail this Story
 
Position TitleCompany NameLocation
The Divisional Merchandise Manager - Ladies Stein MartJacksonville, FL
Director of Merchandising - Factory HouseUnder ArmourBaltimore, MD
Sr. Food Buyer99¢ Only Stores Los Angeles, CA
Sr. General Merchandise Buyer 99¢ Only StoresLos Angeles, CA
Advertising ManagerREIKent, WA
Sr. IT Internal AuditorPetSmartPhoenix, AZ
District ManagerHallmarkNew Orleans, LA
Channel Sales and Business DevelopmentSLI SystemsSan Jose, CA
Sales Director - East CoastSLI SystemsNew York/New Jersey, NY
Market Development RepresentativeSLI SystemsSan Jose, CA
Selling Manager - HandbagsSaks Fifth AvenuePalm Beach Gardens, FL
Selling Manager - Women's ShoesSaks Fifth AvenueAtlanta, GA
Selling Manager - Men'sSaks Fifth AvenueShort Hills, NJ
Click here to view more job listings.

  SmartQuote 
Being inexhaustible, life and nature are a constant stimulus for a creative mind."
--Hans Hofmann,
German-American abstract expressionist painter


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