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Retailers tally a mixed October as sales rose 1.6 percent
The New York Times    Share   Share on FacebookTwitterShare on LinkedinE-mail article
Retailers hoping for clear indicators about the strength of the holiday shopping season did not get much guidance from their October sales results, which left some of them with more confidence and others with increased caution. At the 28 stores tracked by Thomson Reuters, an index that excludes the nation's largest retailer, Wal-Mart, there was a 1.6 percent increase in sales at stores open at least a year. That met analysts' expectations, and was the 14th month of increased sales, but the increase was the lowest since April. More



PRSM Association offers early registration rate for PRSM2011! National Conference
National Retail Federation    Share    Share on
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PRSM has a special rate of $179 for retailers registering for the PRSM2011! National Conference taking place April 3-5 in Nashville. Visit the PRSM2011! National Conference website for more information.

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JoS. A. Bank Clothiers announces the opening of its 500th store
BusinessWire via MarketWatch    Share    Share on FacebookTwitterShare on LinkedinE-mail
article
JoS. A. Bank Clothiers, Inc. announces the opening of its 500th store. The 500th store will open in Washington, D.C. The company has opened over 200 stores in the past five years and it expects to open another 100 to 175 stores in the future as part of its long-term plan to grow the chain to approximately 600 full-line stores and 50 to 75 factory stores in the United States, depending on the performance of the company over the next several years and the development of the factory store concept. More

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The secrets behind Black Friday leaks
Yahoo! Finance    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Word is already out: Black Friday sales, which traditionally begin the Friday after Thanksgiving, have been leaked to websites and news outlets throughout the country. If you want to find out what discounts your favorite store is offering, chances are that a little digging online will reveal them. BlackFriday2010.com, which is run by coupon site Brad's Deals, already lists discounts from Ace Hardware and Sears. More

Customer-centric analytics helps Family Dollar streamline processes and fuel growth
STORES Magazine    Share    Share on FacebookTwitterShare on LinkedinE-mail article
It wasn't too long ago that Family Dollar was growing at a breakneck pace of 500 stores per year. But when same-store comparables began to slip, the company slammed the brakes on expansion, committing to a three-year plan to hone merchandising, training and business intelligence. After 10 straight quarters of comp store growth, however, the brakes are off. The company plans to add 300 new stores in 2011 and begin an aggressive plan to remodel existing stores, with a goal of refreshing all 6,800 units over a four-year period. More



How Starbucks took the lead on LEED
GreenBiz    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Last year, Starbucks announced its intention to complete U.S. Green Building Council's LEED certification for all new company-owned stores starting in late 2010. Since then a number of Starbucks stores have been built or remodeled as part of the new LEED Volume Certification program that Starbucks helped to establish. When Starbucks first investigated building certification programs, Starbucks found that none were practical for retail. Like many evolving programs and processes that support sustainability, LEED required creativity and effort to fit Starbucks' business model. More



Simon has taste for mall renovation
The Indianapolis Star    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Fashion Mall makeover in Indianapolis is one of 16 redevelopment projects costing a total of $1.5 billion that Simon will undertake at its regional malls starting next year and running into 2013, Simon Chairman and Chief Executive Officer David Simon said in a conference call with stock analysts to discuss the company's third-quarter financials. More

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Bankrupt Blockbuster to hire 4,000 for holidays
Kansas City Star    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Don't count Blockbuster out yet.The Dallas-based movie and game rental chain is hiring about 4,000 seasonal employees to staff its stores nationwide this holiday season. That's comparable to previous years when Blockbuster wasn't reorganizing under Chapter 11 bankruptcy. More



Food sellers grit teeth, raise prices
The Wall Street Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
An inflationary tide is beginning to ripple through America's supermarkets and restaurants, threatening to end the tamest year of food pricing in nearly two decades. Prices of staples including milk, beef, coffee, cocoa and sugar have risen sharply in recent months. And food makers and retailers including McDonald's Corp., Kellogg Co. and Kroger Co. have begun to signal that they'll try to make consumers shoulder more of the higher costs for ingredients. More
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    PRSM Weekly
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