Accountability, resilience and other lessons from retail leaders

Being accountable for their actions, developing solutions quickly, building relationships with colleagues and paying close attention to details are among the hard-learned lessons designer Rebecca Minkoff, Kohl's Blake Smith, Neiman Marcus CEO Karen Katz and other retail leaders shared at the Student Program at Retail's BIG Show this week. "Success is sweet revenge," Katz said, sharing a lesson about resilience and persistence.

Humanities supporters vow to defend NEA, NEH

A report suggesting the Trump administration could eliminate funding for the National Endowment for the Arts and the National Endowment for the Humanities was called "devastating news" by Robert Newman, president and director of the National Humanities Center. Newman says supporters will lobby and mobilize the public to save the funding.

Survey: Credit managers more optimistic about defaults

Credit managers haven't abandoned their view that credit defaults will climb in the next 12 months worldwide, but they're more optimistic about how much of a problem it will be, a quarterly survey by the International Association of Credit Portfolio Managers found. The greatest shift in sentiment is in North America, where 36% of credit managers anticipate increasing defaults, significantly down from 66% in the previous quarter.

Publix beefs up services to stay competitive

Florida-based Publix is highly ranked among groceries for its customer service, and the retailer is working to adapt further amid growing competition. The retailer's new projects include a delivery partnership with Instacart, in-store Starbucks kiosks and a more active social media strategy.

Cell phone use during workout affects intensity, balance
1/19/2017 HealthDay News

Research showed talking on a cell phone or texting while exercising reduced workout intensity and balance. Researchers reported in the journals Computers in Human Behavior and in Performance Enhancement & Health that listening to music on a cell phone while working out did not affect postural stability.

Target to be major soccer sponsor under new CMO

Target announced that its new chief marketing officer will be Rick Gomez, and that it will serve as an official partner of Major League Soccer. The retailer has also become the jersey sponsor for Minnesota United FC, which is the official retailer of US Youth Soccer and presenting sponsor during the Target United Cup.

Sears turns to AI to help shoppers buy tires

Sears has tapped IBM Watson artificial intelligence technology for a new app that helps shoppers choose tires. Through the Digital Tire Journey app, users answer questions about driving priorities, vehicle type, climate and more, and they can purchase recommended tires online or schedule an appointment at a Sears auto shop.

Data breaches, security spending rise in 2016
1/20/2017 Bloomberg

Data breaches rose 40% in 2016 from 2015 to hit a record high of 1,093, per data from the Identity Theft Resource Center. Spending on security products and services also increased, to $73.7 billion, and is expected to get close to $90 billion in 2018.

AbbVie's Imbruvica wins FDA nod as marginal zone lymphoma treatment

An accelerated approval has been granted by the FDA to AbbVie's Imbruvica, or ibrutinib, allowing its use as a treatment for marginal zone lymphoma in patients who need systemic therapy after receiving one or more prior anti-CD20-based treatments. The decision was based on results of a midstage study.

"Latin-centered" Raze raises $5M in funding

Startup Raze has reportedly raised approximately $5 million in funding. The venture, a collaboration among actress Sofia Vergara, Luis Balaguer, former Fox Television Studios President Emiliano Calemzuk and others, will feature scripted and unscripted "Latin-centered" content across multiple platforms targeting US-based Latinos.

Video: Canadian airport looks to spend $4B on improvements

Vancouver International Airport in Canada has proposed investing $4.19 billion over the next 20 years to expand and improve the facility. The projects include a terminal expansion, a new taxiway and road improvements, and the plan could be finalized in 2018.

LM Wind to expand Canadian turbine blade factory
1/20/2017 (U.K.)

LM Wind Power has unveiled plans to expand a turbine blade factory in Quebec with the goal of supplying the US wind industry with more components. "With this investment, LM Wind Power Canada will become the largest supplier of wind turbine components in Quebec and will export 100% of its production," said Quebec Energy Minister Pierre Arcand.

American to launch "basic economy" service in February
1/20/2017 Daily News (New York)

American Airlines is launching its new "basic economy" service Feb. 10, offering travelers a low-cost, no-frills option when booking travel. United Airlines is rolling out a similar program.

Welcoming 4-legged guests: Service animals and the law
1/20/2017 Hotel Business

Hoteliers must be alert both to the legal mandate to accommodate service animals and to the possibility of fakery by some pet owners, an advocate for people with disabilities says. Cathy Burds advises hiring professionals to train staff in federal compliance and posting notices to guests.