STORES Magazine - May 2009 - (Page 10)

CONSIDER THIS / PRESIDENT’S PAGE Change Is in the Air BY TRACY MULLIN The Voice of Retail Worldwide STORES is published by NRF Enterprises Inc., a subsidiary of National Retail Federation Inc., 325 7th St. NW, Washington, D.C. 20004. (202) 783-7971 FAX (202) 737-2849 ou may have already heard about the proposed merger between NRF and the Retail Industry Leaders Association. This decision will likely be finalized by the end of this summer, after each respective board has the opportunity to vote on the merger. I wanted to give you a bit more insight into what to expect, as well as share some additional news. In my opinion, the announcement that two powerful trade associations will merge could not come at a better time for our industry. This new partnership will allow retailers to have a cohesive, powerful voice on important public policy issues and enable greater networking for retailers in all categories. Our vendor community will be able to take advantage of some economies of scale, reaching out to potential customers through a series of coordinated industry events instead of trying to make decisions on which competing conferences to attend. NRF would not be where it is today without our extraordinary membership base. Please be assured that our entire staff will be working diligently to ensure that this transition is smooth. It is my hope that most of you will be unfazed by the merger — except that those of you with membership in both associations will not be paying two sets of dues! I’m sure I speak for both the NRF and RILA staffs when I say that we value your commitment to our organizations, will do everything we can to make this new partnership valuable to you and look forward to having you as our ally in this next step. From a personal perspective, the timing is perfect. After more than 30 years at NRF, my employment contract is set to expire, and late last year I informed NRF leadership of my intention to retire. After assisting NRF through this transition period, I look forward to tackling some new projects and embarking on new adventures. During my incredible ride at NRF, I have seen the retail industry undergo a real transformation. From watching a small Arkansas discounter catapult to the top of the charts to seeing how the Internet is changing the way our customers shop, it’s been a powerful movement to watch. I’ve had the remarkable opportunity to serve as NRF’s CEO since 1993, and have helped secure some remarkable victories for the industry in that time. But I am most proud of the fantastic staff that we have built; what they continue to accomplish on Capitol Hill, with our retail members, in the press, and at our events amazes me every single day. These committed people, who give their heart and soul to the retail industry, are my legacy. I can’t think of a more fitting tribute. I will never lose my love of retailing, and it’s bittersweet to move on. That said, it is time for new leadership. Please know that I wholeheartedly support this merger and believe that, while the transition may be challenging, it will be worthwhile. All the best, Y CHAIRMAN OF THE BOARD Myron E. (Mike) Ullman, III, Chairman and CEO, J.C. Penney Company, Inc. VICE CHAIRMEN Philip L. Francis, Chairman and CEO, PetSmart, Inc. Stephen I. Sadove, Chairman and CEO, Saks Incorporated PRESIDENT & CEO Tracy Mullin SENIOR VICE PRESIDENTS Denise Brassé, Industry Relations Mallory B. Duncan, General Counsel Michael G. Gatti, Communications David Hogan, Retail Operations and CIO Carleen C. Kohut, CFO Steven J. Pfister, Government Relations NRF Divisions Association for Retail Technology Standards EXECUTIVE DIRECTOR Richard E. Mader (202) 626-8140 National Council of Chain Restaurants PRESIDENT John R. (Jack) Whipple (202) 626-8183 FAX: (202) 626-8185 Retail Advertising & Marketing Association EXECUTIVE DIRECTOR Michael G. Gatti (202) 626-8117 FAX: (202) 737-2849 EXECUTIVE DIRECTOR Scott Silverman (202) 626-8192 FAX: (202) 626-8191 325 7th Street, NW Suite 1100 Washington, D.C. 20004 All articles published in this magazine represent solely the individual opinions of the writers, and not necessarily those of the National Retail Federation. 10 STORES / MAY 2009 WWW.STORES.ORG http://WWW.STORES.ORG

Table of Contents for the Digital Edition of STORES Magazine - May 2009

STORES Magazine - May 2009
Executive Editor's Page
President's Page
Facts to Chew On
What Shoppers Think
Deals "R" Us
10 Things You May Have Missed
Numbers Worth Counting
Full Price/Markdown
Retail People
Cover Story: Brand X Power
Home Improvement
Credit Where Credit's Due
Locate, Locate, Locate
New Playbook
Staying in the Fast Lane
Clean and Green
Driven to Please
Farm System
Rx for Shrink
Zeroing Out Zombies
Rogues Gallery
Ounce of Prevention
Loeb Retail Letter
Chain Action
Optimism Rocks
ARTS Update
Point of View
Retail Crossword
Retail Industry Calendar
End Cap

STORES Magazine - May 2009