Also from David Livingston...
[none]
Correction, you CAN'T use Food Stamps to buy pet food and that is one reason meat sales are a higher percent of sales in Food Stamp areas. Children are fed free lunch and breakfast at schools so this cuts into the supermarket business. Food Stamps are often bartered away...
First, if people are low income they get Food Stamps and WIC, so there groceries are basically free. If you look at the item movement reports at supermarkets that are in low income areas, they are not buying healthy food. Meat sales are usually much higher than normal because...
Those are all nice cute answers when asked about the role of a greeter. The way I see it, their job is 90% loss prevention. Keeping an eye out for shoplifters and being one more line of defense, one more set of eyes on the ground, and one more...
I recall a few years ago A&P came out with their Food Basics format. Jewel with their Jewel T stores. Fleming with YesLess. When you say you have "unbelievably low prices" you better mean that you are lower than Aldi and most certainly lower than Walmart. I saw a...
I don't think we will see an explosion because we have already had these kinds of businesses around for years. The Girl Scouts sell cookies. The high school band sells candy. Boy Scouts sell Christmas wreaths. Unless Sevenly can sell a very compelling t-shirt, they won't be in business...
Target forgets they have an advantage of being able to showroom the products. Customers who want the product immediately can buy it from Target. I've often found that using Target's REDcard and getting 5% off makes them very price competitive with the online retailers. I am actually annoyed when...
This is a television entertainer making a business decision. She's been handed lemons and people are mad at her for making lemonade out of them.
...Pay is set by supply and demand. Most people know you can make about $40,000 in cash and benefits (food stamps, medicaid, Earned Income Credit, WIC, welfare, etc.) from the government if you choose to not work at all. So why go work in retail for $20,000? Sure you...
Public or private, I don't see Sears being much of a retailer. We have seen a trend of store closings by the bushel and that will probably continue. By going private, stockholders will be able to get something for their shares. Most likely they would become worthless over time. ...
I think we live in a new normal. Expect economic indicators like the stock market, interest rates, unemployment, price of gold, etc, to take huge swings. Also expect CEO turnover to go through periods of ups and downs. As retailers try to figure out ways to beat Walmart, Target,...