| November 5, 2009 |
News for the retail industry
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- American Eagle adds Times Square location
American Eagle Outfitters has opened a flagship store in New York's Times Square, near Broadway and 42nd Street. The four-level, 25,000-square-foot store will have separate floors for its denim, intimates and dorm wear clothing. The store also will feature a photo studio where customers can have their photos taken and then broadcast on screens outside the store. MediaPost Communications/Marketing Daily
(11/3)
, USA TODAY
(11/3)
    
- Nordstrom debuts international e-commerce
Nordstrom is enabling consumers in 30 countries to purchase its merchandise through its online site. The Seattle-based retailer will offer its products in foreign currencies, including the euro, pound, Czech koruna and Canadian dollar. The Seattle Times
(11/4)
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| Retail Trends |  | |
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- October retail sales mixed
Pent-up demand, unseasonably cold weather and softer year-over-year comparables nudged same-store sales figures up for some retailers in October, typically a slower month. Discount chains including BJ's Wholesale Club and Costco saw same-store sales rise 3.7% and 3% respectively, while midlevel and high-end department stores reported mixed results. With few exceptions, teen retail chains reported declines, including a 15% decrease in same-store sales at Abercrombie. The Wall Street Journal
(11/6)
- Changes in "shapewear" reflect women's struggles
At $750 million in annual sales, triple its business since 2000, the body-wear market continues to boom, but women's dissatisfaction with the undergarments has prompted some makers to revamp their shapewear. Companies such as Spanx are updating their lines to add lace thongs and more colors. Others, such as Not Your Daughter's Jeans, are creating shapewear inside of their regular clothing for easier removal. The Wall Street Journal
(11/5)
- Analysts: Retailers, consumers suffer from a disconnect
Too many retailers remain out of touch with customers' changing attitudes, analysts warn. In a time of tighter budgets, consumers are looking for bargains on items they need. Instead, retailers are slashing prices on items they're looking to dump, analysts say. They're also playing it safe with few "must-have" items for consumers. Together, the disconnect could be disastrous for retailers' holiday season, analysts warn. MSNBC
(11/3)
| Retail Technology | | |
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- ASDA adds virtual assistant to groceries Web site
ASDA has installed a browser-based customer service representative named Amy to its groceries site. The virtual assistant can help online consumers find their way around ASDA's online offering and respond to typed queries. "We always get the thumbs up from customers for providing the best service in stores and now we're extending the service we offer them online," said Jackie Hill, ASDA's head of marketing communications. InternetRetailing.net
(11/3)
| NRF News | | |
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- NRF defends stance on organized retail crime legislation
With the debate about organized retail crime legislation heating up in Congress this week, NRF's Joe LaRocca confronts allegations by auction sites over NRF's stance on the issue. "This is not about large businesses or small businesses, online or offline companies," he writes. "It's about selling legitimate merchandise versus stolen merchandise." Read more.
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NRF SmartStat: Nov. 5, 2009
 The No. 1 reason to attend Retail's BIG Show? Everyone's going to be there. Source: NRF.
| Chain Restaurant News | | |
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- Pizza Hut nets $1 million with iPhone application
Pizza Hut's iPhone application has brought in $1 million in sales in three months, the company said. The application, which has been downloaded by nearly a million people, allows users to order food and play games. It also gives them a 20% discount on all orders. MarketingVOX
(11/4)
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| The Buzz(CORPORATE ANNOUNCEMENTS)
Assortment Planning Webcast
Drawing on more than 25 years of experience specializing in advanced merchandise planning processes, Terry Donofrio, President of Retail Systems & Services, describes how retailers can optimize processes, methods and automation through analytics — to develop localized merchandise plans down to the store level.
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| | Recent NRF SmartBrief Issues:
- Wednesday, November 04, 2009
- Tuesday, November 03, 2009
- Monday, November 02, 2009
- Friday, October 30, 2009
- Thursday, October 29, 2009
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