Happy Independence Day to independent stores. :) Today's Times shares how a recent Amazon change may help indy stores against its tyranny.
View Post
April 25, 2016
April 25, 2016
Ever wish your independent store had lots of locations? It's normal to want to grow. Well, today's WSJ shares that some department stores may have bitten off more than they can chew. The article compares sales per square foot to 2006's. One issue with this article is that 2006 wasn't just any year: it was a wonderful year for retail sales - right before the economic bubble burst. Comparing anything to a high can be misleading.
The silver lining on this article is that big box store closings may ...
Read More
December 1, 2015
December 1, 2015
Indy retailers are losing the battle to get their part of the online market, according to today's WSJ. Indy retailers online sales year over year didn't grow nearly as much as big box stores' sales. Specialty shops' sales grew 7% while the big box stores grew by 4x that (30%).
How can we help indy stores get their share? We need to give them better websites that are filled with more products. We need to give them tools that help them better share news and sales, and connect with their customers ...
Read More
November 17, 2015
November 17, 2015
Do big box stores demand better terms than indy stores from indy manufacturers? Yes, and that is why we salute Etsy for asking big box stores to sign a pledge to be less demanding and help indy manufacturers. Please find the article from HFN here: