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Retail

Mixed Demand Leads to Mixed Retail Results

NEW YORK – After three weekly sequential sales gains retailers experienced mixed results as retail demand varied across categories and overall was softer than the prior week.

Addicted to Promotions

Last week I gave a webinar to a group of financial advisors and investor types on the transition to digital coupons, and I also spent a few minutes on the phone with a grad student in London who was exploring her options for a research project on customer loyalty. You wouldn't think that these two activities had much in common, but actually, they both had one single theme: promotion addiction.

GOP Supports Franchise Legislation

Republicans love franchisees, and want to protect them. Not all franchisees. Just the ones with lots of money. Money plucked from consumers, and politicians take a cut off the top.

Chain Retail Sales Roar in Early March

NEW YORK – Retail sales roared like a lion during the past week ending March 8, 2014.

Radio Shack Closing 1,100 U.S. Stores after 20% Drop in Sales

Photo by Blue MauMau

Texas-based Radio Shack announced yesterday it would close 1,100 stores across the country after its shares dropped 20 percent.

February Chain Sales End Positive

NEW YORK – Adverse weather conditions throughout the fiscal month made February a challenging environment for retail sales, but chain store sales peeped out from negative territory into positive the final week of the month as increased retailer promotions enticed some consumers to shop and spend.

Ace Hardware Same Store Sales Up 4.3 Percent in 2013

Ace Hardware in Kentucky
photo by bmm

OAK BROOK, Ill. – Ace Hardware Corporation, the largest retail cooperative in which franchisees own the franchisor, has reported its fiscal 2013 revenues.

Gas Dealers Worry about Consumption Trends, Regulation

Texaco Station
photo by Thomas Hawk

LEXINGTON, Ky. – Gasoline dealerships and energy experts are weighing in about the uncertainties of gas price and dealership profits as they move deeper into 2014.

POS Goes Mobile

FPN & NCR Silver mobile POS. Photo from NCRSilver webpage

ORLANDO – Credit card processing firm Franchise Payments Network announced yesterday that it will showcase the new NCR Silver point of sales (POS) for mobile tablets at this weekend's International Franchise Association convention in New Orleans.

Why Green Tea and Chocolate Chips Should Strike Fear into the Hearts of Grocers

In order to do this article justice, I’m going to have to wander pretty far into my personal shopping habits. I don’t make the mistake of thinking that I behave like most consumers, nor that most consumers behave like me.