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Diversity leaders honored at NEW gala
Former Walmart chief information officer and current HP executive Linda Dillman was among a group of 10 executives honored earlier this week as the inaugural class diversity difference-makers was inducted into the Network of Executive Women CPG Retail Diversity Hall of Fame. The inductees received the William J. Grize Award named after the late president and CEO of Ahold USA whose early support of NEW is credited with jumpstarting the organization, which now includes nearly 5,000 members and 400 companies. Grize died in January 2010 at the age of 63 after a short illness.
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ShopperTrak: Holiday sales expected to be up, but foot traffic will drop
CHICAGO — In the wake of several surveys projecting how shoppers will spend this holiday season, the latest study from ShopperTrak expects national retail sales to increase 3% during November and December, while foot traffic will drop 2.2%.
ShopperTrak said its 3% holiday sales increase prediction follows 19 consecutive months of year-over-year U.S. retail sales growth, adding that the expected increase is moderate when compared with the 2010 holiday season's 4.1% sales increase over 2009.