Phil Storage’s company, ShopFlix, allows manufacturers, brokers, and retailers to monitor visual merchandising plans. SoapBox Cincinnati has more: Shoppers who file purposefully down store aisles may think they’re on a personal mission: bread, juice, tissues, bananas. In fact, retailers design their spaces to remind patrons that while they only need one thing, it wouldn’t hurt […]
ShopFlix Helps Monitor Merchandising Read More »
When I was a kid, we’d often stop in at the local pet store just to see the new puppies and kittens that they had in stock. We never had any intention of purchasing anything, and I’m sure we’re weren’t alone. Now, a pet store owner in Beaufort, South Carolina has figured out how to
Pet Shop Profits from Window Shoppers Read More »
Do you want to start a liquor store in a big way? If you want to get into the business in a really big way, the Washington State Liquor Control Board has put all 167 of their state owned liquor stores up for auction. According to the state, the 167 stores do $888 million in
Auction: Want to Buy 167 Liquor Stores? Read More »
Amazon Prime is a membership program on Amazon.com. After joining, members pay an annual fee of about $80, and get free two-day shipping on just about everything Amazon sells. I know that the numbers below are true for me. Amazon doesn’t disclose details of the Prime program publicly but according to estimates Amazon Prime members:
Amazon Prime, By the Numbers Read More »
I’ve said before that this rumor from Jason Calacanis seems like the direction retail is heading: The store could just be a showroom with display units of appliances and “geniuses” running around showing you the top 25 vacuums in action. Or the top 10 juicers actually making juice. It could be Consumer Reports meets the
Rumor: Amazon.com Retail Stores Coming? Read More »
Is Black Friday the best day to buy something? Not always, according to Oren Etzioni’s new website, Decide.com. The site looks at current and historical prices and rumors about upcoming models and tries to estimate the best time to buy. Let’s see what Decide.com says about some popular gift ideas: Apple MacBook Pro -Wait for
Decide.com Tells You When to Buy Read More »
In the Adirondack Mountains of New York State, there’s a hardy little town named Saranac Lake. Without a department store since 2002, and growing tired of the fifty mile commute for supplies, the 5,000 residents decided to do something about their situation: They decided to raise capital to open their own department store. Shares in
Town Opens Own Department Store Read More »
LA Times: …Outdoor retailers are bouncing back from the recession. That is particularly true in California, where recreation gear merchants have made plans to open new stores and expand existing outlets to take advantage of the state’s massive sales potential and reputation as an outdoor enthusiasts’ playground. Sales of such outdoor gear as tents, backpacks,
Outdoor Recreation Boom in California Read More »
CNN Money: After a decade as a divorce attorney, Alexander Rhoads grew weary of “seeing people in conflict,” he says. “It took a toll on me.” A foodie whose own kitchen is stocked with 150 seasonings, he began thinking about the spice store he loved visiting in his native Chicago. After two years studying similar
Lawyer Turned Spice Trader Read More »
Online retailers have always competed by offering convenience and low prices, but they’ve lately began to master the art of getting people to buy things they don’t yet know they want. Inc.com reports that these new start-ups–like Gilt Group, LivingSocial, and Groupon–send locally targeted e-mails (hello, Shreveport, Louisiana!), give huge discounts (50 percent off is
Big Ideas 2011: Rethinking Retail Read More »
