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December 2009

In This Issue:

Stores Pull Out Gimmicks

The Smart Move

Tech Tips

Retail Spotlight

Smarter Shoppers

Refer a Retailer

Win Community Support

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URC History

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Stores pull out gimmicks start of holiday shopping season: cookies, longer hours, big deals
 

FILE - In this Jan. 10, 2008 file photo, a variety of retail gift cards are seen on a kiosk at a store in Santa Clara, Calif. Gift cards sales, which took a hit last year, are not expected to revive this holiday season as shoppers stretch their budgets by buying at deep discounts. (AP Photo/Tony Avelar, file) (Tony Avelar, AP / January 10, 2008)

 

As you rush into the holiday shopping season, you may catch a whiff of cookies baking at the mall or find a note from a roving elf on your iPhone or get a coupon by text message.

Across the nation, retailers and mall owners are trying to spark the holiday spirit with longer hours, more live music, twittering elves and even fresh-baked cookies.

Simon Property Group , the nation's largest mall owner, plans to give away more than 2 million bite-size chocolate chip cookies this season in partnership with Nestle's Tollhouse brand.

Cathi Weiner, a senior vice president at Simon Brand Ventures, calls it retail aromatherapy.

"I can't think of anything that can fit into it more - warm cookies in the mall and that type of comfort food feel," she said.

Shoppers will be able to snag several morsels at a time, along with a Nestle coupon during the promotion, which starts
Black Friday , Nov. 27, at 100 locations and runs each weekend through Christmas. But it's strictly BYOM: bring your own milk.

Taubman Centers, with 24 malls nationwide, plans to focus on store employees by delivering breakfast to thousands of workers the day after Thanksgiving, known as Black Friday and traditionally seen as the launch date for the holiday shopping season.

The mall management company also plans to treat store employees to midday massages.

"We wanted our retailers to be at their peak performance," said Taubman spokeswoman Karen MacDonald.

Shoppers also will get free breakfast at Taubman malls in
Los Angeles, Miami, Dearborn, Mich., and Wellington, Fla., while others will offer free parking.

- AP Retail Writer Ashley M. Heher


Continue Reading:
http://www.chicagotribune.com/business/sns-ap-us-
holiday-shopping-notebook,0,5149116.story

Source: Chicago Tribune

The Smart Move: Invest in Technology Today to Improve Your Business!

Now is the time to invest in your company so as business picks up you are in a stronger position to compete.  Leasing is the answer to "creative financing" to get the technology you need today to move your company forward.  Whether it's new Point of Sale equipment, an upgrade to your credit card processing system with gift cards, a service contract or additional software, leasing with affordable payments is the solution.

Choose one of the following deferred payment plans to get your 2009 tax deduction with minimal lease payments until 2010: 

7 Payments of $100
The terms are simple: you pay a $100.00 Security Deposit and your next six payments are $100.00.  If you buy in October 2009, your first regular payment is May 2010. 

60 Days Deferred Payment
You pay one month's payment as the Security Deposit with no invoices until 60 days after funding.  Since lease payments are billed in arrears, this is actually a 90 day deferred payment plan.  Buy in October 2009 and make one payment, zero payments for November and December and payments resume in January 2010.

Lower your cost with the 2009 Tax Deduction

The 2009 Economic Stimulus law permits the depreciation deduction for the first $250,000 in equipment/software purchases. The deduction is on your personal tax return if you are a sole proprietorship, LLC or S Corp. This deduction helps offset other income on your personal tax return. If the deduction exceeds your income, the extra carries forward to the next year. For example, if you are in a 30% tax bracket, a $10,000 technology purchase will save you $3,000 in taxes for a net cost of $7,000.

Be bold and invest in your business today!
To learn more contact Susie Carmen at (800) 305-0461 Ext. 357 or E-mail her at Susie.Carmen@armsys.com

Information Super Highway

Tech Tips  

Price Manager:

Tracking Price Changes
If you set up your system to track price adjustments, adjustment memos will be created to record all changes made to inventory prices by this utility.

Creating Multiple Markdowns
Each time you enter Price Manager, a new markdown file is opened, ready for you to immediately begin creating markdown prices. If you update the markdown and then want to create additional markdowns, you should select PLAN MARKDOWN from the side menu to display the Open Markdown dialog. Next, highlight CREATE NEW and select OK. This creates a new markdown file ready for your use.

Retail Spotlight

Located in downtown Westport, Connecticut,  Soleil Toile has been helping women look their best since they opened in 1990. The owners Marilynn Lipton and her daughter Stacey Lipton Schumer credit their friendly, knowledgeable staff for the continued growth of their business, as well as their own desire to meet the needs of their customers. "Our customers are savvy but they count on us to know what is new in the market, to bring it to them,  and to make sure they are fitted correctly so they leave our shop looking and feeling good. "

Soleil Toile began in a 1,400 square-foot store specializing in fine lingerie from the best domestic and European resources. A move in  1997 to the present 3,400 square-foot shop, allowed space to expand our selection to include swimwear. 

Prior to our move to Retail Pro, our sales were done on a conventional cash register and our inventory had to constantly be counted in order to estimate our stock levels.  We needed the ability to keep track of our stock and our clients' preferences.  Retail Pro attracted us with the ability to order, receive, and maintain a customer history.

In today's challenging retail environment - the more you know, the more you sell.  Now we have come to fully appreciate the analysis aspect of Retail Pro.  We use reports on a daily basis to determine sell through, indentify our best items, target the appropriate customers, and so much more. 

What impresses us most about Advanced Retail Management Systems is the expertise and friendliness of their staff.  The support staff is always patient in guiding us through any issues that we may have. Stacey Ryan in the Sales Department always helps us expedite orders.  She has become an honorary member of the Soleil Toile Family.

Thanks to RPRO and the ARMS staff we have grown to become a more efficient business.   We were thrilled in 2007 to open our second store in New Canaan, Connecticut.
 

Smarter Shoppers vs. Smarter Sellers

Results Improve at Saks, Target but Retailers Prepare for Holiday Bargain-Hunting Battle

 

By ANN ZIMMERMAN, VANESSA O'CONNELL And ELIZABETH HOLMES

Some retailers are finding ways to profit even in the face of declining sales.

On Tuesday, luxury retailer Saks Inc. reported a surprise profit and Target Corp. notched its first rise in year-over-year net income in eight quarters. But both companies reported declines in sales at stores open for a year, and predicted more of the same in the current quarter, which includes Christmas.

Their concerns about holiday sales echo other stores across the spectrum of price and location. In particular, retailers are watching for how many shoppers they can lure in the doors around Black Friday, the day after Thanksgiving, which in flush years has kicked off a holiday shop-a-thon.

smarter_shoppers

 

"The fourth quarter will be decided by the two days after Thanksgiving and the two days before Christmas," Target Chief Executive Greg Steinhafel said.

This year, however, retailers had much more time to strategize against miserly shoppers. Tight inventories should mean they won't be faced with an overhang of merchandise, in contrast to last year when the sudden economic upheaval forced them into profit-eroding clearance sales to unload overstocks.

Continue Reading:
http://online.wsj.com/article/SB10001424052748704538404574
541422940059060.html?mod=dist_smartbrief

Source: The Wall Street Journal

Money 1

Tell another retail store that is looking for a Point of Sale system about Advanced Retail Management Systems. When you refer a retailer to us that participates in a 1 hour web presentation for Retail Pro, CounterPoint or Microsoft RMS, we will send you $100 - it's that simple!

Register your referral today. Call Susie Carmen today at (303) 738-1800 Ext 357 or E-mail her at susie.carmen@armsys.com

  Three Best Ways to Win Community Support
By MAUREEN SCARPELLI

The recession has taken a beating on local businesses, but many consumers still want to support and patronize their neighborhood shops. If you're a small retailer or service provider, highlighting your local roots can keep the regulars coming in - and even attract new customers seeking to improve their hometowns' economic health by buying from local merchants.

Here are three best ways to showcase your origins - and win community support.

Nathan's hosts the International Hot Dog Eating Contest each July.

1. Hold contests or events that capture local flair. Take a hint from Nathan's, which holds one of the nation's most famous annual events every summer at its original location on Coney Island's Surf Avenue: the International Hot Dog Eating Contest. Thousands have packed the beach every Fourth of July since 1916 (with the exception of two years) to see dog-snarfing competitors eat as many as they can in 12 minutes.

Although Nathan's sells their dogs around the world, the company wouldn't think of holding the event anywhere but Coney Island. "I'll be traveling around the world and no matter where I go, someone will always come up to me and tell me how their grandparents kissed for the first time at Coney Island," Nathan's CEO Eric Gatoff says. "The centerpiece of our brand is that store."

On a smaller level, businesses can hosts events that show off their own signature styles and welcome members of the community to participate. Hideaway Pizza, which was founded in Stillwell, Okla., built its reputation by delivering pizzas in painted Volkswagen Beetles. Now, several of the company's stores host "Big Stuff" fundraisers, inviting local groups such as high school teams or church groups to fit as many people as possible into VW bugs. The events raise money or awareness for local charities and causes.

Continue Reading
http://online.wsj.com/article/SB1000142405274870336370
4574503573498581220.html?mod=dist_smartbrief

Source: The Wall Street Journal



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