Vehicles crash into stores 60 times daily in the United States, according to the Storefront Safety Council, causing some 500 fatalities and massive property damage. The cost of these incidents to the insurance industry has been indicated at hundreds of millions of dollars per year — and the cost is rising.
How retailers can avoid a crash course in storefront safety. From Stores
Customized clothing often means high costs and long waits. But eShakti, an online seller of women’s clothing, has come up with a business model that lets shoppers purchase customized dresses that sell for between $50 and $100 with waits of only 10 to 14 days. From Stores
That sums up the picture presented by the 2017 edition of STORES Magazine’s Hot 100 Retailers. There is a distinct lack of big-box general merchandise retailers on the chart, while there are plenty of businesses that exhibit differentiation in the marketplace, innovative merchandising and an appropriate value proposition for the intended customer base. From Stores
Today’s retailer may feel trapped in an epic movie, searching for the Holy Grail — an idea that rewards its finder with a combination of great-and-growing profits and rabidly loyal customers. If so, consider personalized pricing a major clue. From Stores
Change might be the only constant in life, and that certainly is true when it comes to the grocery industry. There is more square footage in grocery retail than ever before, the number of available products is increasing, competition for shelf space is keen, profits are consistently pressured and stores are looking for ways to increase market share. From Stores
Devlyn Optical appeared to have everything going for it. With stores in Mexico, Guatemala, El Salvador and the southwestern United States, the family-owned business had a firm niche and excellent brand recognition among Hispanic eyewear consumers. However, Andrew Devlyn was uneasy. From Stores
As consumers pull back, the future belongs to those who support wellness, experience and convenience. From Stores
Early March saw Kendu showcase the best of the best at EuroShop. Held every three years in Dusseldorf, Germany, 2017 marked the third time that Kendu has exhibited at the world’s largest retail trade show. From The K Magazine
Around 3,000 more food outlets are predicted to open in shopping centres and on high streets by the end of next year but, as Ben Cooper discovers, catering to customers is set to meet some new challenges. From Retail Week Property
The new Islington Square development offers retailers location, history and affluent shoppers to boot. Ben Cooper takes a closer look at the plans. From Retail Week Property