StORES Magazine - August 2007 - (Page 24)

UPFRONT RETAIL that’s a standout. Still it begs the question: will customers return to see what’s new, in much the same way as they visit their favorite specialty retailer? Or do they prefer the old familiar place to be the old familiar place? nomically disadvantaged patients is not a priority.” Implementation of the new CMS policy is scheduled to begin October 1; effects of the cuts will begin to be felt after Jan. 30, 2008. deals Newegg.com has selected Coremetrics as its web analytics provider. Abercrombie & Fitch has chosen the FraudNet fraud detection solution from The 41st Parameter to support growth strategies. Canadian fashion retailer YM will deploy more than 400 TeamPoS 3000 point-of-sale (POS) terminals from Fujitsu Transaction Solutions. Belk department stores has licensed and implemented Connect3’s AMP Performance Series solutions. Papa Murphy’s take-and-bake pizza chain is employing geoVue’s modeling and optimization solutions software. Century 21 Department Stores has chosen Escalate Retail’s Merchandising, Planning and Allocation solutions to power its next generation of growth. Get the latest news on retail implementations, executive changes and vendor news delivered to your e-mailbox twice a month. Subscribe at www.stores.org. Turn, Turn, Turn M ENTION a four seasons restaurant in New York and people will no doubt assume you’re talking about midtown’s illustrious power lunch venue. But a recently opened restaurant on East 53rd Street at Park Avenue is taking the four seasons quite literally. Park Avenue Summer is currently serving New Yorkers’ palates, but in a few weeks it will close — then reopen as Park Avenue Autumn. Three months later, the restaurant will close again — then reopen as Park Avenue Winter. The restaurant takes seasonality to new heights, overhauling the menu, the place settings, the uniforms, the graphics, the wine displays and, most of all, the decor — every thee months. The restaurant’s interior was created by design agency AvroKo, which is reported to have taken its cues from theater stage sets to help facilitate the transition from one season to the next. The notion of seasonal menu updates in the uber-competitive restaurant space is hardly a choice — it’s an absolute. Offering a new experience all around, however, True Blue and Engaged, Too B RAND KEYS Customer Loyalty Engagement Index recently published the top 10 most “engaging” jeans on the U.S. market (“engaging” defines the degree to which the brands are viewed as meeting the expectations consumers have for jeans). What can we learn from this list? Levi’s is mounting a comeback, jeans with price tags often eclipsing the $100 mark are clear winners, and, in the case of Joe’s Jeans, its entirely possible to build a brand online – even if it’s in a category notorious for fit challenges. 1. Levi’s 2. Joe’s Jeans 3. True Religion 4. Wrangler 5. Tommy Hilfiger 6. Diesel 7. Guess? 8. Rock & Republic 9. 7 For All Mankind 10. GAP Less Is More HE RETAIL TEAM at Nau hopes to reinvent the way people shop by encouraging customers to browse the store – but not to buy there. The Portland, Ore.-based retailer currently operates four retail stores called “web fronts.” The stores, which look more like a gallery than a specialty shop, combine the intimacy of a boutique with the efficiencies of the web. The thinking goes: if shoppers use the store as a showroom and a fitting room and make purchases on the web, Nau T can build smaller stores, reduce in-store inventory, shrink operating expenses and consume less. In an effort to drive home the point, the in-store product offering is sparse; while the entire product selection is featured, sizes are limited. The Nau team, several members of which cut their retail teeth at Patagonia, has also set its sights on reshaping the outdoor apparel business and redefining business activism. Nau uses only renewable resources such as recycled polyester and soda bottles, organic cotton and clothes made from industrial scrap. Five percent of the value of all in-store purchases is donated to a charitable organization dedicated to solving environmental or humanitarian problems; the shopper chooses from a menu of “Partners for Change.” 24 STORES / AUGUST 2007 WWW.STORES.ORG http://Newegg.com http://www.stores.org http://WWW.STORES.ORG

Table of Contents Feed for the Digital Edition of StORES Magazine - August 2007

Contents Executive Editor's Page President's Page Upfront NRF News Retail People Concept2Watch Supermarkets Cover Story Online Marketing In-Store Marketing RFID Data Management Payment Systems Software Loss Prevention E-Commerce Risk Management Communications Loyalty Marketing Human Resources Mobile Commerce Loeb Retail Letter Arts Update Point of View Advertising Index Retail Industry Calendar

StORES Magazine - August 2007

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