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Home   Membership   Conference/Expo   Publications Jan. 11, 2012

Culture & Commerce News Brief

2012 MSA Conference: Discover some teacher's tricks for managing employees!
MSA    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Outstanding teachers know how to reach every student based on his/her individual learning style. Now you can apply their strategies to improve communications with your staff and colleagues! Join MSA member Amy Gilchrist on April 14 in New Orleans as she provides you with tips and tricks you can implement immediately for improved communication with your employees. Time is running out to take advantage of the lowest members-only early bird rates since 2006! Get more details, view the full schedule and register today. More

MSA webinar: Learn the 8 truths about markdowns to improve your bottom line!
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Get set to learn different competitive pricing strategies to maximize profitability! Join retail expert Paul Erickson for an informative webinar, "The Truth About Markups and Markdowns: Pricing Strategies to Improve Your Bottom Line," on Tuesday, Jan. 31 at 10 a.m. Mountain Time. You'll learn the three elements that initial markup must satisfy to achieve your profit goals, how to effectively use pricing psychology to increase markup, how to properly reduce price on merchandise to maximize profitability and more! The cost is only $39 for MSA members and $49 for non-members. Space is limited, so sign up today! More

Get out and support Museums Advocacy Day
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As a proud sponsor of AAM's Museums Advocacy Day, MSA encourages everyone to get involved! The entire museum field is welcome to participate: staff, volunteers, trustees, students, even museum enthusiasts. Whether you are a seasoned advocate, or brand new to the process, Museums Advocacy Day is a unique opportunity to network with museum professionals from your state, hear from political and agency insiders about the current political climate, and meet with the Congressional offices that represent your museum. Get more information and find out how you can participate at the Speak Up for Museums website. More

Now is the time to review your credit card processing costs with Renaissance Associates
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Renaissance Associates, provider of MSA's discount credit card processing program, has some important information on the new Durbin Amendment (of the recent Dodd Frank Financial Regulation Act) that you may want to review with your organization and financial officers. This is the most significant card processing fee decrease Renaissance has seen in more than 20 years. If your organization has not looked at your credit and debit card processing fees in some time, now is the time. If your bank or processor does not have you set up correctly, you will not be able to take advantage of these much lower rate categories. MSA members and affiliates, let Renaissance review your current merchant processor statements and they can analyze them for you to see if you are receiving the lowest debit card rates under this new law. More

Retailers face biggest post-holiday depression since 2009
Chicago Tribune    Share    Share on FacebookTwitterShare on LinkedinE-mail article
U.S. retailers are facing their biggest post-holiday depression since 2009 as consumers, wary about the economic outlook, cut back on spending to pay off credit card bills accumulated last month. The first quarter always is a small season for retailers who typically try to sell left over merchandise during this time. But with stores putting out big, and often better, deals during the holidays this year, there is almost no incentive for people to buy at this time now. More

Lessons learned from the 2011 holiday shopping season
Mobile Commerce Daily    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Now that the 2011 retail holiday shopping season is over, it is time to start assessing what worked and what did not. While mobile was one of the big success stories, it was not all eggnog and candy canes, with some mobile experiences falling short of consumers' expectations. More

Stores pay price for holiday bargains as profits sag
Bloomberg    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Retailers are starting to pay the price for a discounting binge that was deeper and longer than ever — especially stores that cater to middle-income shoppers. More

Retail reinvented, again
The Huffington Post    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The 2011 holiday shopping season saw a 15 percent increase in online sales, up $35.3 billion, but consumer electronics retail bellwether Best Buy reported a 1 percent decline in holiday sales. What is going on? Pretty simple — we are in the middle of another battle between brick-and-mortar and e-commerce and it will continue to drive our venture capital spending strategy. More

Trendspotter shares what to watch in retail in 2012
Retail's BIG Blog    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Marian Salzman, one of the world's top trendspotters and CEO of Euro RSCG Worldwide PR, North America and Euro RSCG Life PR, is in the business of figuring out what trends will take off. From popularizing the terms 'metrosexual' and 'singleton' to predicting the political climate of the current election cycle, Salzman holds an impressive track record of spotting trends ranging from advertising and lifestyles to the food we like to eat. Here is her 2012 trends forecast. More

Why Monday is e-retailers' favorite day of the week
Time Moneyland    Share    Share on FacebookTwitterShare on LinkedinE-mail article
For most employees, Monday means time to get back to the workday grind. And it looks like retail therapy is often the prescription consumers use to cope with a "case of the Mondays." The first day of the workweek also is almost always the biggest day of the week for online shopping — even after the holiday season. More

Top 5: 2012 small business trends
American Express OPEN Forum    Share    Share on FacebookTwitterShare on LinkedinE-mail article

It's a new year, and so you may be wondering what's in store for your company. Here are the top five small business trends for 2012, courtesy of USA Today small business columnist Steve Strauss.

Smartphones turn millions more Americans into mobile shoppers
eMarketer    Share    Share on FacebookTwitterShare on LinkedinE-mail article
In 2011, U.S. mobile commerce sales (including travel) surged 91.4 percent, to reach $6.7 billion. Continued strong growth will boost sales to $31 billion in 2015. More smartphone users, greater consumer comfort with mobile shopping and an increasing number of retailers launching mobile sites and apps will all play a part in propelling m-commerce sales. More

20 ideas worth stealing
NRF Stores    Share    Share on FacebookTwitterShare on LinkedinE-mail article
In the midst of a slow-but-relatively-steady economic rebound, retailers big and small faced the challenges of the marketplace head-on during 2011, putting the big three — originality, imagination and ingenuity — to work in new and exciting ways. We're talking inventive apps for smartphones and tablets, vending machines dispensing fresh-baked goods, blizzard forecasts in the heat of summer and even more convenient delivery options. Great concepts, all springing from a germ of an idea — and all worth a second look. More

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Your January small business checklist
Forbes    Share    Share on FacebookTwitterShare on LinkedinE-mail article
In the workplace, getting a task done is not done by resolution. Using a checklist is far more efficient than going by a resolution because there is an instant sense of accomplishment when you check off what you finished. Add your resolution to your daily to-do list and you'll find it will get resolved, no problem. In the meantime for the month of January, add these to-do items to your small business checklist instead of waiting to work on them later in the year. More

Less stress, better results
CBS News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Ruthless, take-no-prisoners, never-look-back businesspeople are an archetype straight out of central casting. Most of us aren't like that. Most of us have a healthy concern for how others perceive us. That's a good quality to possess, if only because people who want to be liked tend to be more likable and likable is good. More

Amazon, Indiana strike state sales tax deal
Chicago Tribune    Share    Share on FacebookTwitterShare on LinkedinE-mail article and Indiana Governor Mitch Daniels unveiled an agreement that may mean that the world's largest Internet retailer starts collecting sales tax in the state in 2014. Amazon will voluntarily begin collecting Indiana sales tax on Internet purchases on Jan. 1, 2014, or 90 days from any federal online sales tax legislation that may pass before that time. More

Guggenheim Museum launches ebooks expanded online publications
The Huffington Post    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Guggenheim is now taking a stab at digital publishing with the launch of eBooks and an expanded online publication store. The collection will also include the first-ever catalog of an exhibition to be published in an eBook format. More

School cuts also threaten culture sites
The New York Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
As Texas schools whittle their budgets in response to the state's multibillion dollar education cuts, they are eyeing every expenditure, from athletics to busing and even field trips. Museums, symphonies and other cultural institutions, already suffering from the economic downturn, may be an unexpected casualty of state budget cuts. More

Heart of Brooklyn launches national initiative    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Heart of Brooklyn, a cultural partnership of six neighboring cultural institutions anchored around Grand Army Plaza in central Brooklyn, N.Y., announced the next phase of Building Strong Community Networks — a catalyst for promoting critical change and inclusive civic and cultural engagement in Brooklyn. More

Why should we fund the arts?
The Guardian    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Publicly funded arts institutions are under more pressure than ever to quantify the social benefits they bring, as would be done for schools and hospitals. But isn't the crucial role of art to challenge the way society is run? More

The articles that appear in the MSA Culture & Commerce News Brief are chosen from a variety of sources to reflect important news relevant to the cultural commerce industry. An article's inclusion in the Culture & Commerce News Brief does not imply that MSA endorses, supports or verifies its contents or expressed opinions. Factual errors are the responsibility of the listed publication.


MSA Culture & Commerce News Brief
Colby Horton, Vice President of Publishing, 469.420.2601   Download media kit
Courtney Hodges, Content Editor, 469.420.2604   Contribute news
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