CALENDAR

Editor 's note: submit events, meetings, workshops and conferences at least one month in advance to cibm@news-gazette.com for inclusion in Mark Your Calendar.

Untitled < Aug Sep Oct >

September 7
Business Success Human Resource Seminars - Seminar 1: Recruiting and hiring right the first time 8:30 a.m.
Chamber Large Conference Room 1817 S. Neil St., Suite 201, Champaign These seminars are designed specifically for chamber members who are seeking quality, practical and affordable education on managing and grow their companies. Interested individuals can choose the sessions that are right for them -- or they can plan to attend all the sessions. Cost for chamber members is $32 per session or $145 for the entire series. Interested individuals can contact Norma Wesley at (217) 531-4679 or NormaW@champaigncounty.org.

September 9
Chamber breakfast 7:30 a.m.
Hawthorn Suites 101 Trade Centre Drive, Champaign Public affairs analyst Thom Serafin will discuss the November elections and their impact on Illinois.

September 9
Chamber ambassadors meeting 4 p.m.
Chamber Large Conference Room 1817 S. Neil St. Suite 201, Champaign For more information and to get involved, contact Paul Caravelli at PaulC@champaigncounty.org.

September 9
Project management certificate 6 to 9 p.m.
Class continues every Thursday through Dec. 16 Parkland College Business Training and Community Education 1315 N. Mattis Ave., Champaign This program assists in taking the PMP Certification Exam sponsored by the Project Management Institute. For additional exam requirements, visit the PMI website: www.pmi.org/CareerDevelopment/Pages/AboutPMIsCredentials.aspx Participants will be assigned a project to work on by the instructor. Upon successful completion, students receive a certificate of completion from Parkland College. Deadline to register is Sept. 2. Class fee is $1,895, including book. To register, call (217) 351-2235.

September 13
Community Spanish: A survival guide for English speakers 6 to 9 p.m.
Class continues Mondays until Oct. 11 Parkland College Business Training and Community Education 1315 N. Mattis Ave., Champaign Deadline to register is Sept. 7. Class fee is $225, including book and CD. To register, call (217) 351-2235.

September 13
Introduction to home inspection (Pre-licensing)
Class begins online on Sept. 13. Online sessions continue through Nov. 5. Classroom sessions are Saturdays 8 a.m. to 5 p.m., Sept. 18, 25, Oct. 2, 9, 30, Nov. 13 Parkland College Business Training and Community Education 1315 N. Mattis Ave., Champaign E-mail access and an Internet connection are required. Deadline to register is Sept. 6. Class fee is $1,275, including book. To register, call (217) 351-2235.

September 14
Business continuity management certification 9 a.m. to noon
Class continues Tuesdays and Thursdays through Nov. 18 Parkland College Business Training and Community Education 1315 N. Mattis Ave., Champaign Complete an online certification exam from the National Institute of Business Continuity Management as well as the requirements for the Professional Development Series offered by the Emergency Management Institute. Deadline to register is Sept. 7. Class fee is $1,995. To register, call (217) 351-2235.

September 14
Food service sanitation certification 5:30 to 9:30 p.m.
Class continues Tuesdays through Oct. 5. Test is Oct. 12. Parkland College Business Training and Community Education 1315 N. Mattis Ave., Champaign In addition to becoming state certified, candidates who successfully complete this course are eligible for the ServSafe food safety certification examination for an additional fee. Deadline to register is Sept. 7. Class fee is $105, not including book. To register, call (217) 351-2235.

September 16
Agribusiness Council 7:30 to 8:30 a.m.
Carle Development Foundation 911 E. University Ave., Urbana Contact Andrew Proctor, public policy manager, at andrewp@champaigncounty.org.

September 16
Correcting performance problems 8 a.m. to noon
Parkland College Business Training and Community Education 1315 N. Mattis Ave., Champaign Deadline to register is Sept. 9. Class fee is $125, including workbook. To register, call (217) 351-2235.

September 16
Business After Hours 5 to 7 p.m.
Benefit Planning Consultants 2110 Clearlake Blvd. Suite 200, Champaign Proceeds from the $5 per person donation at the door will help fund Chamber programs. The donation for non-members and guests is $8.

September 21
Business Success Human Resource Seminars - Seminar 2: Getting your new employee to quickly be productive and connected to your company 8:30 a.m.
Chamber Large Conference Room 1817 S. Neil St., Suite 201, Champaign Cost for Chamber members is $32 per session or $145 for the entire series. Interested individuals can contact Norma Wesley at (217) 531-4679 or NormaW@champaigncounty.org.

September 24
Building Operator Certification - Level 1 8 a.m. to 4 p.m.
Class continues Thursdays and Fridays: Oct. 8, 22, Nov. 4, 5, 19, Dec. 3, 17 Parkland College Business Training and Community Education 1315 N. Mattis Ave., Champaign All sessions are taught by MEEA instructors and require some out-of-class projects. Deadline to register is Sept. 17. Class fee is $1,250, including BOC certification exams and books. To register, call (217) 351-2235.

NOT SO FAST September 2010

Day of the Department Store

Conventional wisdom says department stores are dinosaurs. They're supposedly unable to thrive against discounters like Wal-Mart, specialty stores like Gap, or web-only retailers like Amazon.

But this year, the three chains that own 45 percent of U.S. department stores are suddenly hot. Revenue at stores open at least a year is up 4.5 percent compared with 3.3 percent for all retailers. Part of the reason is because they had such a lousy 2009, when revenue fell 5.9 percent. But it's also better than 2007 when sales rose just 0.2 percent on average.

Department stores are benefiting from changes in strategies. Macy's is better matching its offerings with local tastes, while all three chains are offering more items that can't be found elsewhere.

Citi analyst Deborah Weinswig has "Buy" ratings on Macy's, Kohl's and J.C. Penney. One reason is that 21 percent of consumers surveyed say they plan to do their school shopping at department stores this year, up from 18 percent last year. The July-September back-to-school shopping season can account for up to 35 percent of a retailer's annual profits.

Penny pinchers should note that these aren't the cheapest stocks out there. Macy's and J.C. Penney trade above the S&P 500 average price-earnings ratio of 15. Kohl's is a bit under. And not all department stores are good buys. Not a single analyst recommends Sears.