When successful, a store within the store will improve the appeal of both brands involved. That’s especially important for a retailer presumed to be on its deathbed.
Retail
Why the Drugstore May Be the Last Place You Should Buy Prescription Drugs
When consumers need to get a drug prescription filled, they tend to turn to the neighborhood drugstore. Understandably so. But if drugstores were honest, some prescriptions would come with a special warning label: You May Be …
Boob Tube Saturation: After TV Sales Decline Worldwide, Will Price Drops Follow?
Consumers aren’t falling out of love with their TVs. More likely, they can’t justify replacing the big new TV they purchased not long ago, or they’ve run out of places to put yet another screen.
Will Dollar Stores Rule the Retail World?
Last Monday, Dollar General, the U.S.’s largest dollar-store chain, posted better-than-expected profits, helping boost the company’s stock, which is up 15% year to date. And earlier this year, it announced plans to open its …
Beyond Showrooming: 3 Quirky Ways Smartphones Are Changing How We Shop
When shoppers met the smartphone, they quickly learned that the device was ideal for shopping around — while shopping in person. They could do things like check Kelley Blue Book prices at car dealerships, or see if a dress in a …
Addicted to Leather: For Friday Night Lights Author Buzz Bissinger, Gucci Is Like Heroin
Acclaimed journalist Buzz Bissinger knew his clothes shopping habit had gotten out of hand. From 2010 to 2012, he figured he’d spent maybe $250,000 on clothing, most of it leather. When he did the math, though, the total added up closer to $600,000.
Hey Walmart, It’s Hard to Make Sales When Store Shelves Are Empty
One way that Walmart keeps prices low is with minimal staffing levels in stores. But shoppers and workers alike are complaining that Walmart is understaffed, and the results include annoyingly long checkout lines and shelves that …
Are Consumers Getting Tired of Fast Fashion?
Last year, discount meccas like Dollar General and Dollar Tree scrambled to expand into hundreds of new stores stuffed with standard recessionary fare: cheap made-in-China toys, synthetic tee-shirts, and flimsy housewares. Fast fashion retailers like H&M, Uniqlo, and Zara, which churn out the latest styles at record speed, also fared …
The 12 Most Awkward Product Recalls Ever
Yoga is supposed to enhance transparency, but not like this. Trendy apparel manufacturer Lululemon Athletica had to cover its butt this week by pulling some of its pricey yoga pants off store shelves after discovering that a …
The Bigger Box Store: Home Improvement Stores That Are Double the Size of Home Depot
The average grocery store in the U.S. measures under 50,000 square feet. Home Depots average about 100,000 square feet, and the typical Costco or Walmart Supercenter—generally considered the biggest of all big box …
Amazon Prime: Bigger, More Powerful, More Profitable than Anyone Imagined
Membership in Amazon Prime, which offers unlimited free two-day shipping, has doubled in less than two years. Analysts predict it’ll double again by 2017
Online Shoppers: Meh, Same-Day Shipping Isn’t That Big a Deal
Same-day delivery is being pumped up as a major step for e-retail—the service that’ll boost online shopping sales into the next stratosphere. There’s one minor problem, though: Shoppers don’t seem to want it all that much.