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December 15, 2008News for the retail industry

  Industry Watch 
 
  • Wal-Mart CEO: Consumers alter food, medicine purchases
    Purchases of frozen food and storage containers are on the rise, while the growth of prescription drugs has slowed during the recession, Wal-Mart's CEO said. At the same time, business owners are loading up on supplies more frequently but in smaller amounts. Reuters (12/14) LinkedInFacebookTwitterEmail this Story
 Feeling the Pinch in Today's Difficult Credit Market?
Increasing credit costs can ripple through your business to affect longer-term plans that are essential to growth. Download the CFO Research Services report produced in collaboration with American Express: No Stone Unturned: Strategies for Cash Management in Hard Times to gain insight on how midsize companies are adapting in order to maintain their competitive positions under tough circumstances.
 

  Retail trends 
  • Retailers ease way for returns
    With shoppers getting pickier about what they buy and returns expected to be up almost a quarter compared with last year, 11% of retailers are loosening their return policies, according to the NRF. In addition, more than half said they would be more flexible during the holiday season. Referring to consumers, an NRF official said, "Historically, they might have kept items they weren't sure about, and today they're bringing the items back." The Sun (Baltimore) (12/14) LinkedInFacebookTwitterEmail this Story
  • How to get consumers involved
    This article offers an introductory look at how marketers can use Web 2.0 tools such as blogs, social networks and wikis to engage customers. The main hurdle traditional marketers face is the collaborative nature of these media. It can be hard for companies to grasp that Web 2.0 isn't a sales environment as much as it is a way to find out what customers are thinking. The Wall Street Journal (free content) (12/15) LinkedInFacebookTwitterEmail this Story
  • Discounts on the rise as Christmas gets closer
    With the discounts growing steep as Christmas nears, traffic increased at stores this past weekend. But analysts say people were still making fewer purchases than last year. From Black Friday through Dec. 6, luxury sales fell 34.5%, apparel sales dropped 22.9% and electronics sales decreased 22.3%. Online sales have succumbed to the economy as well, falling by 1%. NYTimes.com/The Associated Press (12/15) LinkedInFacebookTwitterEmail this Story
  • Other News
  Retail Technology 
  • The challenge of getting noticed on Facebook, social networks
    Although neither Procter & Gamble nor Facebook will disclose how well the CPG giant's ads are performing on the social-networking site, the relationship exemplifies the challenges of trying to get users' attention in the social space, according to this article. Brand advertisers "can be more intrusive, but the outcome will not be positive. Or they can create genuinely entertaining commercials, but spend ungodly sums to do so," Randall Stross writes. "When Facebook convinces advertisers to stage Super Bowl-sized entertainment every day, its future will be assured." NYTimes.com (12/13) LinkedInFacebookTwitterEmail this Story
  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.
The Buzz(CORPORATE ANNOUNCEMENTS)

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Interested in learning more about advertising in NRF SmartBrief? Contact Susan W. Kim at (202) 407-7877 or skim@smartbrief.com.  

  NRF News 
  • Visit NRF's private-ballot resource center
    Educate your work force with NRF's private-ballot resource center. The Employee Free Choice Act effectively would remove a fundamental principle of American democracy for retail workers -- their right to request a secret-ballot election in deciding on union representation. The current system would be replaced with a "card check" shortcut in which a workplace would automatically be unionized if 50% of the workers simply sign an authorization card, enabling a labor union to totally control the process. With consumer confidence and spending in decline, retailers will bear a disproportionate burden if the EFCA is passed. Learn more. LinkedInFacebookTwitterEmail this Story
 
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
  Career Track 
Director, International LogisticsPETCOSan Diego, CA
Director, Supply Chain PerformanceStein Mart, Inc.Jacksonville, FL
POS Technical Support Representative - System Device SalesEpson America, Inc.TBD
Director of Store OperationsLane BryantColumbus, Ohio
General Manager, RetailDelaware North CompaniesLos Angeles, CA
Merchandising / Store Operations Retail TechnologyTomax CorporationSalt Lake City, UT
Web Design ManagerCabela's Inc.Sidney, NE
Manager Store OperationsCharming Shoppes, Inc.Bensalem, PA
Help Desk ManagerTotal Wine & MoreUS-MD-Bethesda
Merchandising Specialist - MD, Glen BurnieMosaicUS-MD-Glen Burnie

  SmartQuote 
Opportunity is missed by most people because it is dressed in overalls and looks like work."
-- Thomas Edison,
American inventor


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