WWD Retail Headlines » Berggruen Deal for Karstadt in the Home Stretch Posted 42 hours ago Investor awaits final court approval for takeover of department stores. [Link] WWD Retail Headlines » Dior Relaunches at South Coast Plaza Posted 2 days ago Eva Mendes, who wore Dior to the Academy Awards, hosted the cocktail party for the luxury [...]
Now although consumers aren’t pinching pennies when it comes to spending on Father’s Day, NRF surveys shows that consumers are in fact being frugal in every other aspect because of sky-rocketing gas prices. At least 44.8% consumers surveyed said they would simply drive less. ‘”Consumers will be looking for retailers that provide the best return [...]
Father’s Day will hardly be a day of pinching pennies this year. In fact the National Retail Federation’s recent Father’s Day survey show that spending is projected to reach $9.0 billion* up from last year’s $8.2 billion with the average person spending $88.80 on their papas. Even though gas prices are still increasing, consumers are [...]
Only a few years ago the only technologically advanced item retailers had were a security system. It’s mind-boggling that today, we have online stores that rely entirely on technology. Smaller retailers are technologically going at a slower pace, and that’s ok, but if efficiency (and fewer employees) is what you seek – then seek and [...]
About 50 years ago “five and dime” stores emerged selling to consumers extremely low priced everyday items and other goodies. Remember J.J. Newberry? Woolworth’s was also originally a dollar store that has considerably expanded. Today dollar stores have taken over the same extreme value niche. And they are taking the world by storm. This is [...]
More and more magazines and news stories across the board are featuring and noticing that dollar party supplies can make great items for parties and gatherings. Seems like party stores aren’t the only place to shop anymore, even the proverbial ‘Mom & Pop’ stores are stops nowadays. With a little creativity and theme you too [...]
Has your dollar store reached a slump? Or are you often times not breaking even? Is the ever-increasing rise of inflation pulling the proverbial rug from under you? If you find yourself in this situation (and trust us it is very common) perhaps adding a section of items over $1.00 might help. Defeats the purpose [...]
We are sure that when you opened up (or if you’re opening) a store you had a target customer in mind. Middle-class? Single? Hipsters? Male or Female? Whoever it may be always think about your target customer and continue to build your store around them. Because remember: you can’t be all things to all people. [...]
