STORES Magazine - May 2011 - (Page 10)

hich is better for your long-term health, shopping or going to the gym? Shopping … really. It turns out that retail therapy helps you live longer — and the benefits are actually greater for men. According to research published in the Journal of Epidemiology & Community Health, regular shopping trips — which typically include seeing friends and/ or people-watching — can help stave off loneliness and improve psychological health. The research comes from a study conducted in Taiwan. Researchers looked at nearly 1,850 people aged 65 and older living independently at home. Participants were asked how often they went shopping, and researchers tracked how long the participants lived by linking them to national death registration data between 1999 and 2008. Those who shopped on a daily basis lived longer than those who shopped less frequently — and this was true even after taking into account individuals’ physical or other health issues. The study found that daily shopping reduced the chances Retail Therapy W trends COMPILED BY STORES EDITORS of participants dying during the study period by more than one-quarter, compared with those who didn’t shop as regularly. Older men who frequently went shopping had the best chances of survival: Their chances of dying during the study period declined 28 percent. Japan: Impact Analysis T he human toll of the disaster in Japan has been the focus of most media reports to date. Still, with retailers in the throes of forecasting and inventory planning for back-to-school and holiday selling, the business impact of the earthquake and tsunami — as well as concerns about radiation — needs to be closely monitored. Dun & Bradstreet released a report last month on the preliminary impact of the Japan disaster, with data derived from a review of more than 195 million businesses in its database. While the report emphasizes that the impact of Japan’s disaster is still uncertain, the analysis provides a window for retailers to begin to assess the challenges they’re likely to face in the coming months. Based on the Japanese suppliers D&B monitors for its U.S. customers, the industries most likely to be impacted include electronics (Japan produces 40 percent of the electronic component supply), automotive and certain textiles. The report indicates that capacity and inventory levels were at an all-time low before the earthquake, and that bringing new supply sources online will not be easy since many of the electronic components manufactured in Japan are highly specialized. The same can be said for some textiles and heavy equipment. WWW.STORES.ORG 10 STORES / MAY 2011 http://WWW.STORES.ORG

Table of Contents for the Digital Edition of STORES Magazine - May 2011

STORES Magazine - May 2011
Editor’s Page
President’s Page
Retail People
Supply Chain
Getting Closer to Customers
Workforce Management
Customer Satisfaction
Customer Rewards
Human Resources
2011 Software Sourcebook Guide
Website Security
Divisional Update
NRF News
Point of View
Retail Industry Calendar
End Cap

STORES Magazine - May 2011