Monthly Archives: February 2011

Just as 2010 brought many challenges and opportunities for retail supply chains, we believe 2011 will do the same. The strong growth we saw in 2010 has retailers cautiously optimistic that the economic recovery is finally taking hold. However, this does not mean retailers or their customers are fully out of the woods yet. One [...]

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During last month’s NRF Annual Convention & EXPO, Terry Lundgren, President and CEO of Macy’s, Inc., moderated an all-star panel of fellow retail leaders. Answering such questions as “what’s the next big breakthrough?” and “what do great leaders have in common?”, the retailers combed through their careers to share insights during the session, The Future [...]

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Sometimes commercials and other forms of advertisements cause such a stir, it becomes a natural conversation topic anywhere you go. It’s quite common these days to be chatting with a colleague and somewhere along the way a certain funny, gripping, controversial, emotional or dynamic commercial or ad gets mentioned. Retailers often aim for that exact reaction – will this [...]

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To Andrew Koven, the practice of retailing is “both a science and an art.” From his retail beginnings in a warehouse to his current gig as President of E-Commerce and Customer Experience at Steve Madden, Andrew Koven’s career goal has never changed. He still aspires every day to “surprise and delight customers.” In advance of [...]

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Last Friday, the U.S. Immigration and Customs Enforcement’s Homeland Security Investigations (ICE HSI) announced the expansion of its Organized Retail Crime Pilot Program into an ongoing, national initiative, which will be known as the SEARCH initiative (Seizing Earnings and Assets from Retail Crime Heists). The Organized Retail Crime Pilot Program (ORCP), which launched on July [...]

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While 2010 was a year of recovery for parts of the U.S. economy and the retail sector in particular, it was also fraught with significant challenges, especially for those involved in supply chain operations. Retailers faced many issues in 2010 that challenged their ability to bring products to market, including a lack of available capacity [...]

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I testified yesterday before the House Committee on Education and the Workforce concerning the effect of the health care law on the economy, employers and the workforce. You can find my testimony along with others on the committee’s website and even watch the archived committee hearing webcast. It is always an honor to testify before [...]

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Despite all the benchmarking, researching and strategizing carried out by retailers, putting together a forward plan for anything more than a few years ahead can sometimes seem like more of an exercise in crystal ball gazing than actual business planning. However, that’s not to say retailers can ignore the need for some long term thinking. [...]

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NRF has been very clear about where it stands on swipe fees. But in Saturday’s Washington Post business section, the fight against swipe fees found an interesting ally: columnist Steven Pearlstein. In his column titled, “Credit card companies figure out how to spin straw into gold,” Pearlstein paints a clear picture of credit card company [...]

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During this year’s Annual Retail Industry Luncheon, Gordon Segal, co-founder of Crate and Barrel, presented three distinguished awards to retailers that stand out among their peers. Selected by retail chief executives, the winners – past and present – have demonstrated excellence in the industry and inspired fellow retailers. Segal said that these winners are “tomorrow’s [...]

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