STORES Magazine - November 2008 - (Page 18)

trEnDS 10 THINGS YOU MAY HAVE MISSED Menu addition … Rather than fighting efforts to have restaurant chains post calorie counts, Yum! Brands will begin providing such information voluntarily in company-owned locations. The parent of A&W All American Food, Kentucky Fried Chicken, Long John Silver’s, Pizza Hut and Taco Bell is encouraging franchisees to follow suit, with an eye toward Compiled by David P. Schulz 1 aiming both for those who want to listen to it and those who want to make it. For the former, Best Buy is paying approximately $121 million to acquire Napster, the digital music service. At the other end of the spectrum, Best Buy has introduced musical instruments, recording equipment and related accessories in about 85 stores across the country. Follow the money … America’s shoppers aren’t in much of a buying mood these days, so Bloomingdale’s is taking its expansion plans abroad. The Dubai Mall in the United Arab Emirates will be home to a 146,000-sq.-ft. Bloomingdale’s department store and a 54,000-sq.-ft. home store. “This will be our company’s first overseas location,” says Terry J. Lundgren, chairman and CEO of parent Macy’s Inc., adding that Dubai is a “fast-growing, affluent marketplace.” In the U.K., supermarket operator J Sainsbury has begun providing dentist services in one of its locations. Boardroom battle … This has not been a good year for Dillard’s, with losses growing from last year’s levels and hurricanes battering stores and customers in several of its markets. Now, angry investors want the Dillard family to relinquish control of the company. Leading the charge are Clinton Group and Barrington Capital Group, which want Dillard’s to buy the family’s Class B shares that allow them to elect two-thirds of the company’s directors. 8 pliance costs,” says Diana Kelley, partner in data security consulting firm Security Curve. Immediate need … Can’t wait to get to a television or computer to start shopping? QVC is rolling out a suite of mobile services that includes m.QVC.com, so con- 6 4 system-wide compliance by the end of 2010. Yum! Brands is also calling for federal legislation to establish uniform guidelines for menu board calorie labeling. Fast-stepping … Two days after announcing that it was buying skateboard apparel brand CCS from Delia’s for $102 million, Foot Locker said it was terminating Richard Mina, president and CEO of Foot Locker USA. There was no explanation given for Mina’s ouster. 2 New and improved … The PCI Security Standards Council has released version 1.2 of the Payment Card Industry Data Security Standards, which took effect last month (use of version 1.1 is scheduled to end December 31). “The clarifications and language revisions should go a long way in easing implementation questions and help to reduce com- 3 sumers can browse product information and make purchases. Shoppers must register for the new service, but after that can make a purchase with as few as two text messages, says Bob Myers, QVC vice president of platforms and broadcast technology. Behind the music … Best Buy is expanding its footprint in the music business, Selling wellness … A Rand Corp. study indicates 3.5 million people have been served at in-store clinics, and 61.3 percent of them do not have a primary care physician. Most visits are for eye, ear, nose and throat ailments, respiratory or urinary tract infections and blood or screening tests. Could instore dental clinics be next? 7 Broadening Gap … Gap Inc. has opened its 100th franchised store overseas, unveiled a plan to add units within Liverpool department stores in Mexico and acquired Athleta, a catalog merchant selling women’s athletic and active wear. In expanding an arrangement with Fawaz Alhokair Group, franchised Gap units will open in Egypt and Jordan before the end of this year, with Banana Republic stores debuting in those countries next year. 9 5 Outlet pulls plug … Lifetime Brands, marketer of housewares and home decor items under names that include KitchenAid, Cuisinart, Gorham, Mikasa, Calvin Klein, Sabatier and International Silver, is closing all of its remaining outlet stores. Among the 53 stores to be shuttered are 39 Pfaltzgraff factory stores and eight Farberware outlets. 10 18 STORES / NOVEMBER 2008 WWW.STORES.ORG http://m.QVC.com http://WWW.STORES.ORG

Table of Contents Feed for the Digital Edition of STORES Magazine - November 2008

STORES Magazine - November 2008 Contents Executive Editor's Page President's Page Every Cup Counts What Shoppers Think Less Park Time, More Shop Time 10 Things You May Have Missed Numbers Worth Counting Full Price/Markdown Retail People Retail Held Captive First Look Concept2Watch Marketing Technology Custom Software PCI Compliance Data Security Arts Update Newsbeat LP Issues: Q&A Cover Story Surveillance Systems Online Fraud Industry Perspective LOEB Retail Letter Point of View NRF News Retail Crossword Retail Industry Calendar Last Laugh

STORES Magazine - November 2008

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