More Power to You

| Barbara Arnn

Electric power is indispensable to developed economies, and that simple fact is unlikely to change any time soon. The power industry will continue to grow globally, though regional differences will remain significant, according to the

Popular Club Plan Lays Off 75

| MCM staff

According to the New Jersey Department of Labor, Garfield, NJ-based merchandise marketer Popular Club Plan is laying off about 75 employees.

Hanover Receives Delisting Notice

| MCM staff

The American Stock Exchange has notified Edgewater, NJ-based multititle cataloger Hanover Direct that the mailer may be delisted if it does not comply with quarterly report filing requirements by Dec. 31.

Ernst & Young Analyzes the Top 100 Global Retailers

| Jeff Morris

Selecting the right merchandise. Effectively operating stores in great locations. Adapting quickly to changing market conditions and tastes. It may not sound like rocket science, but these are keys to what makes some retailers wildly successful — while others struggle to maintain market share. They are among the lessons in the Top 100 Global Retailers of 2003, a new report from Ernst & Young LLP that appears in the December issue of Chain Store Age.

On Strong Year, USPS Cautions

| MCM staff

The U.S. Postal Service ended its fiscal year with a surplus for the second year in a row. But the agency warned that increased competition from other carriers and other media nonetheless threaten its future.

RFID Stories of the Week: ARC: EPC RFID ROI is MIA, and AIM Global to Address RFID Skills

| Jeff Morris

1. Translation: Show Me The Money! Companies that are actively investing in EPC RFID (Electronic Product Code Radio Frequency Identification) are doing so because they have to, not because they think they’re actually going to see a return on investment (ROI) anytime soon. In ARC Advisory Group’s Emerging Practices study, only one of 24 companies believed it could have under a two-year payback period. Ninety-five percent of the respondents believed the payback period would be greater than two years.
2. Trade Associations Team to Address RFID Skills Shortage

What do you know about RFID technology? Not much? You’re not alone. Many companies eager to adopt the technology are beginning to be slowed in their efforts by a scarcity of qualified RFID integrators. Two leading trade associations are now teaming up in an attempt to address an industry-wide shortage of professionals knowledgeable about RFID technology. The Computing Technology Industry Association (CompTIA) and AIM Global (the Association for Automatic Identification and Mobility) announced they are working together to develop a vendor-neutral, multi-dimensional certification program for RFID technology.