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November 30, 2012 SUBSCRIBE

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Sandy takes a bite - Strong sales for Black Friday couldn't help retailers make up for losses during the month from Sandy related store closures Well into the crucial holiday shopping season, and many national retailers are having a tough time getting over the hump that was Superstorm Sandy. "Despite the largest-volume Thanksgiving weekend in our company's history, we were not able to overcome the weak start to the month, which included the disruption of Hurricane Sandy," said Macy's CEO Terry Lundgren in a statement. Other large chains suffered sales declines as well. As December sales begin on Friday, time will tell if retailers are able to make up for the November loss. This year, there are 32 days between Thanksgiving and Christmas, the longest period possible. (Source crainesnewyork.com)

Early November was weak across the board and not just in the Northeast Over all, the 16 retailers tracked by Thomson Reuters that reported results Thursday recorded a 1.6 percent increase in sales at stores that were open at least a year. Analysts had expected a 3.3 percent jump.  (Source nytimes.com)

Fast-food strike rolls out Thursday morning in NYC Fast-food workers from restaurants across the city formed picket lines Thursday morning to protest wages they deem too low, as well as their part-time hours. The action targeted some 20 eateries, mostly in Manhattan, and is part of a broader campaign to organize the industry, which is led by such corporate giants as McDonald's, Burger King, Wendy's and KFC. It was not immediately clear whether the strikes would last more than one day; the strikers do not belong to a union or other formal negotiating entity. (Source crainesnewyork.com)

Senate Judiciary Committee Approves a Bill to Safeguard E-Mail The bill strengthens privacy protection for e-mails by requiring law enforcement officials to obtain a warrant from a judge in most cases before gaining access to messages in individual accounts stored electronically. The bill is not expected to make it through Congress this year and will be the subject of negotiations next year with the Republican-led House. (Source nytimes.com)

President Obama signed Whistle-Blower Protection Law this week
. The legislation, found here, affords greater protection to federal employees who expose fraud, misconduct, and illegality in government operations. The law will also cover workers at the TSA who provide airport security.  (Source wsj.com) (Source aol.com)

Talks resume on strike at biggest US port complex; cost estimated at $1B per day. Labor talks were resuming in an effort to end a strike that shut down most of the terminals at the busiest port complex in the U.S., the Los Angeles and Long Beach harbors. A strike launched by 70 clerical workers on Monday led to a massive backup on Thursday as the strike closed seven of eight Los Angeles terminals and three of six Long Beach terminals. Dockworkers from their union refused to cross their picket line. The port complex handles 40 per cent of the nation's import trade. The lead negotiator for the Los Angeles/Long Beach Harbor Employers Association, Stephen Berry, said he wrote a letter to the union president Thursday afternoon to invite him back to the negotiating table with no preconditions. (Source cbsnews.com)

Supervalu Inc. in active dialogue with a number of interested parties but no guarantee of the outcome Supervalu Inc. shares fell sharply Thursday following a media report that the struggling grocer's talks with a potential buyer has stalled. THE BIG PICTURE: Supervalu announced in July that it was looking at its strategic options, including putting itself up for sale. The company has also suspended its dividend, closed stores, cut staff and replaced its CEO in the past year. (Source Associated Press)

JCPenney and Urban Outfitters are offering shoppers something they can't get online
. JCPenney is planning to replace traditional cash registers with coffee and juice bars. This announcement follows the retailer's previous plans to eliminate cash registers in favor of iPads. Urban Outfitters has recently introduced cages to a couple of its stores and even Banana Republic is starting to host more in-store events with food included.  (Source businessinsider.com)
 
Picture Vice President Biden surprises workers at brand new Costco in Washington, D.C. Biden was welcomed by Costco CEO Craig Jelinek and co-founder Jim Sinegal. After showing his own membership card, Biden traveled throughout the store, stopping frequently to hug fellow shoppers, pose for photos, and enjoy a few samples.  (Source yahoo.com) (Source businessinsider.com)

National Lampoon former CEO who resigned in January convicted of $200M Ponzi scheme Along with two others he swindled investors out of $200M and used the money to buy mansions, classic cars and other luxury items and to keep another Durham company afloat. (Source Associated Press)

Another Romanian Skimmer convicted for hitting 9,000 ATM PINS of UK victims for $4.8M U.S. In a rare open and shut case, 32 year-old Leonid Rotaru was caught on closed-circuit camera fitting a skimming device to an ATM in Bridgwater, Somerset before being arrested when he returned to remove it later on. "This was well-organized, well-orchestrated and with good criminal connections." (Source csoonline.com)

HUB Mall armored car heist -- sole survivor undergoing "inspirational" recovery. Matthew Schuman was shot in the head during an armored car heist back in June that claimed the lives of three other guards. On Thursday, executives from G4S presented a plaque to police chief Rod Knecht and Garnet Muro, director for EMS clinical operations. The plaque was to thank the police officers and paramedics for responding to the June 15 shooting.  (Source edmontonjournal.com) Picture

More than 100 rifles stolen from CSX Train in Atlanta. Authorities say they're searching for dozens of rifles stolen from a CSX train boxcar somewhere in metro Atlanta. CSX Corp. spokesman Gary Sease said that the company is cooperating with law enforcement to recover the weapons. Sease declined to say when or where the thefts occurred. A CSX statement said the company is working with law enforcement officers on the thefts in what the company called "a rigorous investigation led by them." Jacksonville, Fla.-based CSX Corp. has a rail network which includes about 21,000 miles of track in 23 states. (Source wsbtv.com)

Caught on tape: Masked robbers hold up Calif. jewelry store in broad daylight Masked robbers with guns were caught on camera in California holding up a Los Gatos jewelry store in broad daylight Tuesday. In and out in 75 seconds. The suspects escaped in a vehicle that police recovered minutes after the robbery and later determined had been stolen, according to the station. (Source cbsnews.com)
Authorities digging for loot after Multi-County theft ring busted after operating for years in Mount Victory, Ohio Four men had been operating a burglary ring and burying their loot. They expect more arrests and are digging up the stolen goods and trying to find the owners. "In my 20 years, I have never been involved with this big of an operation," Sheriff Keith Everhart said. (Source 10tv.com)

Security guard shot several times in armed robbery at Bottom Dollar Food Store in Laurel, MD The officer is in serious condition and the robbers escaped. (Source privateofficer.com)

Police search for 'smash and grab' CVS burglars in Huntsville, AL Police said a suspect driving a truck rammed into the front door of the pharmacy. Another suspect wearing a ski mask got out of the vehicle then entered the store. Investigators are looking at surveillance video to identify them and to pinpoint what items the burglars took. No one was in the store at the time of the burglary. (Source wsfa.com)


Thieves steal 20,000 pounds of Specialty Pet Food from an Atlanta Warehouse. Once thieves broke inside the warehouse through a window, they used the company’s fork lift to quickly remove 1000 bags of dog food and hundreds of cans of various pet food, total value is over $35,000. The owner of Health Hound and City Kitty may be in trouble financially not only due to the break-in value, but her loss of customers because this specific brand of foods was only available at her stores and is difficult to restock. The owner was not insured for the loss. (Source myfoxatlanta.com)

New Jersey police shoot, kill CVS store robbery suspect. A Leonia, NJ man who may have struggled with mental illnesses was shot dead by police Nov. 25 after allegedly robbing a CVS pharmacy on Broad Avenue while brandishing a large knife. Investigators review the site of a fatal shooting of a man who allegedly robbed a CVS store with a knife on Nov. 25. Three Palisades Park officers and one Leonia officer confronted Rickey McFadden, 47, of Grand Avenue, two blocks from the scene of the robbery, where three of the officers proceeded to open fire at McFadden. McFadden, who was still allegedly carrying the knife at the time of the shooting, suffered multiple gunshot wounds and was pronounced dead at Hackensack University Medical Center shortly after. (Source cliffviewpilot.com)

Fayetteville police shoot man after 5 hour standoff at a convenience store. Police in Fayetteville have shot a man who held them at bay in a convenience store for nearly five hours and then left the store holding a rifle. Police say the suspect went into the store about 2:30 a.m. Friday and apparently was planning to rob the place. He barricaded himself inside after the clerk escaped through the door. The incident ended around 7:30 a.m. when the suspect came out of the store holding a rifle and was shot by police. The man was taken to Cape Fear Valley Medical Center. It was not immediately clear how seriously he was wounded or if any police officers were injured. (Source fayobserver.com)

Grab and Run nets New Jersey thief a $25,000 Rolex. A man walked into Moore Lyons Jewelers in Clifton and ran out with a silver Rolex watch valued at $25,000. Police did stop a vehicle matching the description of the get away car, but no arrests were made. No one was injured during the robbery. (Source northjersey.com)

Two women with three children charged in shoplifting spree at Orange, Connecticut Target. Five people, including three minors, were arrested Wednesday night after they allegedly shoplifted more than $1,250 in merchandise from Target. One woman and the three juveniles were found in a car in the parking lot with stolen merchandise, and a second woman was arrested as she left the store at about 9 p.m. Store officials told police that the younger suspects had stolen the items at the direction of the adults. Nina Denby, 32 and Chanelle Kedazulu, 18 were each charged with three counts of risk of injury to a Minor and conspiracy to commit fourth-degree larceny. The three juveniles were aged 9, 14 and 15. They were not identified because of their age. (Source wtnh.com)

UK reports woman swimsuits are being worn by shoplifters to conceal merchandise. Two Romanian men wearing woman’s swimsuits back to front, use the suit to conceal merchandise close to their body under loosely fitted clothing. The Romanian men claimed to have been forced to shoplift because they could not find work and owed someone money for airfare and experiences for traveling to the UK. Officers said Lancashire was one of the first forces in the country to gain convictions against shoplifters 'going equipped to steal' because they were using swimsuits. (Source lancashiretelegraph.co.uk)

Spartanburg, SC Police find a new strategy to fight Shoplifting. In 2010 shoplifting arrests numbered 600, this year they are already at 752. Spartanburg Police said that one officer per shift will be assigned to answer shoplifting calls. He will also be given permission charge the thief with a bigger offence if they're a repeat offender. Police said they spend more than two hours at a scene talking to witnesses, doing paperwork and making arrests. That can take officers off their routine patrols in your neighborhood. (Source wspa.com)
Click here to view video
In the wake of Hurricane Sandy, a good Samaritan is helping victims this holiday season. The Samaritan, an unnamed Kansas City businessman, traveled to Staten Island yesterday and surprised hurricane victims by handing out $100 bills. He spent the day traveling to different locations where people were most in need, stopping in disaster centers and other places to hand out the bills to people who lost everything in Sandy. "The money is not the point at all. It's about the random acts of kindness. I'm just setting an example, and if 10 percent of the people who see me emulate what I'm doing, anybody can be a Secret Santa!"  (Source huffintgtonpost.com)

Five Below had been looking for their first Director of Loss Prevention after going public and planning massive store growth. Their Q3 results below were very strong. The management team is some of the former Zany Brainy toy store team.

The truth about dishonesty - a must watch animated video - it's 11 minutes! Interesting video that could be used for training. People justifying theft and ultimately facing the epitome of a conflict of interest. Are we creating the right atmosphere?

This is the NYPD - Photo of NYPD officer giving homeless man a pair of boots goes viral with over 1 million facebook views The New York Times reported that DePrimo bought a $75 pair of all-weather boots for the man in Times Square, where the officer was working on a counter-terrorism detail, and helped him put them on. The picture was taken by Jennifer Foster, the communications director for the Public Safety Communications Division of the Pinal County, Ariz., Sheriff's Office. She was visiting Times Square when she saw the homeless man begging for change. The officer expected NOTHING in return and did not know I was watching." (Source today.com)


November Same Store Sales Results


Costco up 6%
Limited Brands up 5%
TJX up 3%
Zumiez down 4.2%

J.C. Penney no longer reports monthly sales results


Quarterly Same Store Sales Results

Five Below Q3 up 8.8% with sales up 40% due to new store growth
Ulta Beauty Q3 up 8.4% with sales 22%
Genesco Q3 up 4% with sales up 8%
Kroger Q3 up 3.2 with sales up 6%
ALCO Stores Q3 down 1.7% with sales up 2.7%

 

 


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Target intensifies Canadian brand building efforts Target is working its way across Canada beginning this week by hosting special events in 20 cities to build interest in the planned opening of 124 stores in 2013. The company said Canadians should be on the lookout for signs of the retailer’s signature Bullseye logo to see if Target is coming to town with artistic performances and other surprises. The company is leveraging Facebook and Twitter by enabling prospective customers to follow the tour progress, schedule and view a digital scrapbook at Facebook.com/TargetCanada or Twitter.com/Target_CA. (Source retailingtoday.com)

Canadian Tire cuts senior jobs to reduce cost ahead of increased competition - in other words due to the U.S. Target invasion, Canadian Tire is cutting senior management jobs as it works to reduce costs to cope with what it expects to be an even more competitive retail landscape in Canada. The company, which also announced a sports company acquisition Wednesday, says at least five executives will be leaving the ranks for various reasons. Though it did not mention the competition by name, many Canadian retailers are gearing up to deal with the presence of U.S. retail giant Target Corp. and the potential that could eat into their sales when it arrives in spring of 2013. (Source edmontonjournal.com)
 

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Downing & Downing Annual Dinner Party and Event. LPNN will be recording - live audience. Monday, Jan 14th at Maloney & Porcelli's. Guest Speaker Tatiana Sandino, Harvard Business School. Co-author of the study "Can Wages Buy Honesty? The Relationship Between Relative Wages and Employee Theft". Rich Mellor, VPLP for the NRF will be introducing this year's Honoree, Joe LaRocca. Honoring Joe LaRocca, VP & Senior Advior of LP, RetaiLPartners and former VP of LP for the NRF for his leadership and dedication to the advancement of the LP profession. Be on the lookout for your invitation. More announcements coming tomorrow! Co-sponsors: Agilence, Axis Communications, Axonify, Bass Security, InstaKey Security Systems, LPI, Se-Kure Controls, WG

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USS - The Family that Stays Together Saves Together. Mini Patriot Family
Another all in the family - Father son duo busted hitting American Eagle Outfitters in Albuquerque, NM The son was pushing his father, who was in a wheelchair and stashing jeans underneath the seat. The duo had been banned from stepping inside the Coronado Mall property because of an earlier shoplifting incident. On Nov. 16, the father-and-son team allegedly pulled a similar scheme at a local T.J. Maxx store. The father, Michael Aragon, 40, has a criminal record that includes numerous misdemeanors and felonies, including possession of a controlled substance from an arrest in 1994. (Source koat.com)

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Vendor Spotlight

Checkpoint - Helping Retailers Gwo Profitably
Checkpoint Systems Introduces Infinite Solutions Product Series
to Help Reduce Retail Shrink


Product Line Closely Developed With Retailers, Combining the Visual Deterrence of Hard Tag
With Convenience of Disposable Tag

THOROFARE, N.J — Nov. 29, 2012 - Checkpoint Systems, Inc. (NYSE:CKP), a leading global supplier of shrink management, merchandise visibility and apparel labeling solutions for the retail industry, today introduced its Infinite Solutions (iS) product series. This product line was closely developed with several large global retailers with the objective of fulfilling a need to provide the visual deterrence of a hard tag. The iS product series adds an additional layer of protection to merchandise that otherwise might have been left unprotected against shoplifting.

The initial introduction consists of the iS Pro Tag, which is the first electronic article surveillance (EAS) solution offering the loss prevention performance benefits of a disposable label with the look and feel of a hard tag; and the iS Surround Tag, which offers retailers a one-time, disposable wrap solution with a fixed EAS attachment peg.

The iS Pro offers flexible attachment options and can be easily secured anywhere on the merchandise with a simple clip, providing the visual deterrence of a hard tag. After the merchandise is purchased, the tag is removed at home by the customer. iS Pro was designed for use with apparel, accessories, shoes, jewelry and more. During pre-launch tests, retailers specifically noted increased speed at point of sale, improved on-shelf availability metrics on protected merchandise, and increased customer satisfaction resulting from having merchandise available on open display.

The iS Surround offers a visual deterrence for a wide range of packaged merchandise with the added benefit of being disposable. Retailers complimented its versatility in protecting a wide variety of merchandise, from gift-boxed perfume and accessory packages to shoe boxes, small electronics and more. The iS Surround wraps tightly around the merchandise and features permanent adhesive on the EAS attachment, ensuring that even if the strings are cut or tampered with, EAS protection remains securely fastened to the box.

According to Farrokh Abadi, President & Chief Operating Officer Shrink Management Solutions, Checkpoint Systems, "Working closely with our retail customers yielded this new iS product line which offers a fresh and much-needed solution during these challenging shrink times. This product range offers added flexibility to protect merchandise with the visual deterrence of a hard tag, the efficiency of a disposable tag and the benefit of increasing on-shelf availability of protected merchandise."

The iS Pro Tag and iS Surround Tag are available immediately.

CONTACT:
George Cohen (for Checkpoint)
GCC, Inc.
617-325-0011
george@gccpr.com

 

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Job Opening

Company

Location

Origination

Dept Mgr Store LP & Safety Lowe's New Hudson, MI Lowe's
Dept Mgr Store LP & Safety Lowe's West Carrollton, OH Lowe's
Dept Mgr Store LP & Safety Lowe's Fremont, CA Lowe's
Dept Mgr Store LP & Safety Lowe's Alcoa, TN Lowe's
Dept Mgr Store LP & Safety Lowe's Hawthorne, CA Lowe's
Dept Mgr Store LP & Safety Lowe's Mechanicsville, VA Lowe's
Safety & AP Mgr Lowe's Rockford, IL Lowe's
District LP Mgr Walgreens Springfield, NJ Walgreens
Loss Prevention Mgr Belk Homewood, AL Belk
Loss Prevention Mgr NAPA Phoenix, AZ NAPA
Retail LP Mgr Bloomingdale's White Plains, NY Monster
Loss Prevention Mgr Sears Albany, GA Sears Holdings Corp.
Loss Prevention Mgr Sears Palmdale, CA Sears Holdings Corp.
Loss Prevention Mgr Sears Tuscaloosa, AL Sears Holdings Corp.
Loss Prevention Mgr Sears Midland, TX Sears Holdings Corp.
Loss Prevention Mgr Sears Springfield, OR Sears Holdings Corp.
Loss Prevention Mgr Kmart Pineville, NC Sears Holdings Corp.
Loss Prevention Mgr Kmart Stevensville, MD
 
Sears Holdings Corp.

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What to Give Your Boss for Christmas It's that time of year again: Christmas season. Tomorrow is December first and you've probably already started planning gift ideas for the people in your life. However, when it comes to buying a present for your boss, don't. It's an honorable sentiment, but make something instead, experts advise. ('Tis the season)

Think Twice Before Giving the Boss a Gift Employees thankful to still have jobs this holiday season may want to show their gratitude at work by giving a gift to the boss. But adding a manager to your Santa list may not be the best career move, and it could end up costing you more than you want to spend. (Ho Ho No?)

How to Choose a Holiday Gift for Your Staff To some, gift-giving can be the hardest part of the holidays -- and not only for the Scrooges that are tight-fisted with cash. The challenge is often deciding what to give and what to spend on your employees, especially if you don't want to give the same gift across the board to everyone. (Creative, fun and affordable)

Should I Buy My Boss a Gift? And Other Holiday Workplace Advice The answers to most workplace-related holiday questions are pretty clear cut. Example: no, you shouldn't drink too much eggnog at any workplace soiree. But what about gifts at work? Here are a couple workplace gift dilemmas answered. (Don't fret)
 

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One of the keys to success is being prepared. Preparation is something many take for granted and don't give it the focus they should. If you want to increase your performance in any endeavor, look at your preparation as a separate project with steps. Break down and prepare a plan for the actual preparation work, itself, making sure it's thorough, deep, exhaustive and timely. Certainly, we all operate best under pressure, but waiting until the last moment to prepare yourself may preclude you from doing all you can do and should do.

Just a Thought,
Gus Downing

Gus Downing

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