November 21, 2012 | News for the retail industry |
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- Retailers take different tacks for Black Friday
Some retailers including Foot Locker and Target aim to drive higher-margin Black Friday sales with new products and exclusive merchandise, while others from Crocs to Wal-Mart will depend on bargain-basement prices to lure budget-conscious consumers. "The Target-Neiman Marcus mashup is going to bring excitement to Target," analyst Deborah Weinswig said. "Everyone wants something new this year, but doesn't want to spend a fortune." The Wall Street Journal
(11/20)
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Industry Watch | | |
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- Best Buy aims to build on e-commerce success
Online retail has been one bright spot in Best Buy's ongoing struggle to remain relevant in a digital age. The retailer has laid out a five-point strategy to boost e-commerce revenue, starting with increasing the conversion rate, executives say. Internet Retailer
(11/20)
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- Column: Thanksgiving openings arise from shopper demand
Retailers planning to open on Thanksgiving Day are reacting to growing demand from consumers who want to make shopping part of their holiday activities, writes NRF President and CEO Matthew Shay. A small-but-vocal minority of opponents say the practice will prevent retail workers from having a holiday, but offers of overtime pay have actually resulted in waiting lists of workers looking to work, he writes. USA Today
(11/20)
- The rise and fall of big-box stores
The big-box retail model that turned Wal-Mart, Target and Kmart into colossal successes is now half a century old, and experts say there are no guarantees the big chains will be around in another 50 years. The rise of e-commerce means physical stores could evolve into showrooms rather than one-stop retail spaces, says business historian Marc Levinson. "[E]ven if they still exist, they may be quite different," he says. National Public Radio (text and audio)
(11/19)
- What drives the Black Friday shopper?
Consumers who rise before dawn to shop on Black Friday are largely drawn by the thrill of the treasure hunt, along with a need by some to take a break from family togetherness after Thanksgiving, says consultant Paco Underhill. Experts divide Black Friday shoppers into three general categories: young women who enjoy the social aspect of shopping in groups, hard-core bargain hunters and families on a budget. Women's Wear Daily (subscription required)
(11/21)
| Stop overpaying for address autocomplete Retailers like Michaels and DICK'S Sporting Goods are switching to Radar for address autocomplete and address validation, saving up to 90%. Radar's address autocomplete APIs are part of Radar Maps Platform, the cost-effective, all-in-one alternative to Google Maps and Mapbox. |
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Retail Technology | | |
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- Mall of America turns to texts to manage parking
Security officers at the Mall of America in Bloomington, Minn., say about 1,500 shoppers ask for help each year after they lose track of their cars in the giant shopping center's 12,550-space parking lot, prompting the mall to devise a tech-based solution. This week, the mall rolled out an SMS-based system that sends text messages reminding customers where they parked. Adweek
(11/20)
NRF News | | |
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- Why this Thanksgiving will be stuffed with digital deals
Whether traditional, multichannel or pure play, more retailers than ever are offering online-only promotions just for Thanksgiving Day. Shop.org's Artemis Berry explains how consumer demand has driven these one-day-only deals, as well as a number of digital trends -- including mobile-exclusive deals and special partner promotions -- that are helping a number of retailers pack tomorrow full with offers for deal-seeking shoppers. Read more. Shop.org Blog
(11/21)
- Looking for updated news and trends during Black Friday weekend? Look no further
NRF's 2012 Holiday Headquarters has kicked into high gear, offering retailers a fresh twist on holiday resources, including a fully interactive Holiday Survival Kit and Shop.org's first-ever e-commerce holiday sales forecast. If you're a retailer, reporter or industry pro, you can access all of NRF's holiday news releases, survey results, top tips, guidelines, blog posts, frequently-asked holiday questions and historical holiday information, all in one spot. Learn more.
Chain Restaurant News | | |
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Editor's Note | | |
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SmartBrief will not publish Thursday and Friday
In observance of Thanksgiving in the U.S., SmartBrief will not be published Thursday and Friday. Publication will resume Monday. Enjoy the holiday!
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Position Title | Company Name | Location |
Senior Vice President, General Merchandise Manager | Total Wine & More | Potomac, MD |
Retail Customer Inventory & Planning Manager | LEGO Systems, Inc | Enfield, CT |
Director of Store Systems/Applications | The Vitamin Shoppe | North Bergen, NJ |
Replenishment Systems Manager | Vitamin Shoppe | North Bergen , NJ |
Business Marketing Manager - Foods | Meijer | Grand Rapids, MI |
Facilities Maintenance (HVAC-R) Technician - Level III | Meijer | Carmel, IN |
Supply Chain Planner | Meijer | Grand Rapids, MI |
Merchandise Buyer - Multiple Categories, Multiple Channels | Kohl's Department Stores | Milwaukee/Menomonee Falls, WI |
Corporate Recruiter | Meijer | Grand Rapids, MI |
Merchandise Planner - Multiple Categories | Kohl's Department Stores | Menomonee Falls, WI |
Supply Chain Solutions Systems Analyst | PetSmart | Phoenix, AZ |
Oracle Retail Technical Consultant | Oracle America, Inc. | Nationwide, United States |
Oracle Retail Business Consultant | Oracle America, Inc. | Nationwide, United States |
Senior Vice President of Marketing | Total Wine & More | Potomac, MD |
General Merchandise Manager | Five Below, Inc. | Philadelphia, PA |
Merchandise Planner | Little Switzerland | St. Thomas, USA Virgin Islands |
Product Manager - Time Tool Optics/ NavCom | REI | Kent, WA |
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Click here to view more job listings. |
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SmartQuote | | |
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| If the only prayer you said in your whole life was 'thank you,' that would suffice."
--Meister Eckhart, German theologian and philosopher
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| Recent NRF SmartBrief Issues:
- Tuesday, November 20, 2012
- Monday, November 19, 2012
- Friday, November 16, 2012
- Thursday, November 15, 2012
- Wednesday, November 14, 2012
| | | Lead Editor: Megan Conniff
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