Monthly Archives: July 2009

Today marks the official grand opening of the first-ever J.C. Penney store in Manhattan. The 153,000 sq. ft. two-level store is located in the Manhattan Mall at 33rd Street and 6th Avenue.
On hand for opening day festivities were the Honorable Michael R. Bloomberg, Mayor of the City of New York and J.C. Penney Chairman and [...]

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Posted in: Retail Trends | STORES magazine Tagged , , , , , , , |
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Where is the constituency for health care reform? Is Congress trying to legislate a need that the public does not agree exists? It may seem that way, but I wouldn’t go that far.
Only the most determined naysayers would agree with the proposition that the status quo on health care is acceptable and sustainable. (We [...]

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Posted in: Health Care | Public Policy Tagged , |
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Present-day pawn shops sell a variety of merchandise including jewelry, tools, OTC drugs, game consoles and games, CDs, DVDs, computers, and other expensive electronics. Pawn shops don’t only exchange valuables for cash, they also make straight purchases of desirable merchandise which can be quickly resold.
Recent police raids of a pawn shop in Maryland yesterday, [...]

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Posted in: Loss Prevention Tagged , , , , , , , , |
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Eric Olson is at it again. NRF’s resident content guru has been working hard to set up a great list of speakers and session topics for NRFtech, and the line-up is impressive: Tory Burch’s Vicki Cantrell will be speaking, as will Dennis Hodgson from A.C. Moore plus Phil Francis and Don Beaver from PetSmart. In [...]

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Posted in: Events | Technology Tagged , , , , , , , |
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The NRF Board of Directors members met yesterday with Senate Finance Committee Chairman Max Baucus, D-Mont.  The meeting and generous allocation of time Baucus gave the NRF Board and senior staff was telling – the retail industry is our nation’s largest employment sector and Baucus was eager to engage our leadership on the future of [...]

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Posted in: @NRF | Health Care | Public Policy Tagged , , , , , , , , , , |
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Tracy Mullin has been named one of the country’s top trade association executives by the publication CEO Update.
The prestigious list, which ranks association leaders from all industries and published in the July edition of CEO Update, considered hundreds of executives.
“Leading the group since 1993, she’s grown NRF’s annual meeting and fostered a culture of employee [...]

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CEOs from many of the nation’s largest and best-known retail companies are gathering in Washington today for NRF’s annual mid-year Board of Directors meeting and CEO Summit.
Board members will deal with business matters during a meeting at NRF headquarters this afternoon, then discuss a variety of pressing public policy issues during a briefing by the [...]

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Leases are one of the most complex areas in accounting. There are renewal options, rent holidays, sale-leaseback transactions, executory charges, short-term leases, long-term leases, contingent rentals, and on and on.  Imagine trying to figure out how to account for all of these in your financials…
Those in the finance and accounting world have known for years [...]

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Posted in: Finance Tagged , , , , , , , , , , , |
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On Tuesday, NRF sent a letter to Treasury Secretary Timothy Geithner urging government assistance for CIT, saying failure of the major lender could have severe consequences for the retail industry and the nation’s economy. For the last four days, NRF has been talking to business reporters worldwide about the importance — and urgency — of [...]

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Posted in: Public Policy Tagged , , , , , |
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Today’s news reports that the “card check” component of the Employee Free Choice Act may be altered is a testament to the hard work and focus of retailers around the country who have contacted lawmakers in opposition to this legislation.  NRF’s goal is to keep the pressure on key Senators in opposition to any new [...]

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Posted in: Public Policy Tagged , , , , , |
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