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Joel Warady's RetailWire Blog
March 10, 2010
Carol raises some excellent points in her article, and her triangle is a great illustration of the challenges that can exist, or the beautiful relationship that can develop.Here is the way that I look at the relationship. The owner of a hot property (licensor), a popular brand is like an ...
March 9, 2010
Walmart has put itself in a tough position. The dollar stores, like Family Dollar and Dollar General are less expensive on most items when compared to Walmart. And they now carry many of the major brands, with products produced specifically for this low-priced channel. Target has a higher perceived quality, ...
March 8, 2010
This makes perfect sense for Urban Outfitters. There are many couples who look to have non-traditional weddings, where the traditional wedding dress has no role. Urban Outfitters will be able to cater to its core customer base with this bridal offerings, and yet not necessarily be competing head-on with traditional ...
March 3, 2010
My favorite subject -- the way Macy's continues to eliminate its unique services to get as close to a generic department store as possible. Instead of eliminating the department, wouldn't Macy's be better served to make the gift-wrapping service a unique, memorable, and remarkable point of difference? What if they ...
March 2, 2010
Retailing is theater. Impulse buys will increase if the performance within the store is stellar, the stories being told are compelling, and emotion-drive and execution is on target. If retailers get this (some do; Apple, Trader Joes, Costco) they will have huge success at driving impulse sales....
February 24, 2010
I recall filling out the "birthday card" when I was a kid. There was nothing better than receiving the postcard in the mail around the time of my birthday, and going to the store to get my free cone.We had to give our information then; we give our information now. ...
February 23, 2010
Ask yourselves this question: When you think high-tech, digital delivery of content, which names come to mind? Who would you trust?Best BuyAmazonBarnes & NobleAppleMicrosoftBordersAt what point does Walmart come to mind? Never! They are a great destination for hard goods and soft goods, but I simply don't think that they ...
February 19, 2010
With all due respect to the analyst, I do not see a wholesale purchase of Rite Aid by Walgreens. What I do see happening is someone coming in and providing Rite Aid with the necessary capital to jump start their business, both on store refurbishment (badly needed) and marketing.Rite Aid's ...
February 18, 2010
Walgreens went a number of years with a somewhat arrogant attitude in which they were steadfast in growing the chain organically, as opposed to through acquisition. Obviously, that attitude has changed.The Duane Reade acquisition is a smart one, and one that is not unexpected. DR has the best real estate ...
February 16, 2010
It is no surprise that House Parties are gaining momentum. It is the next level of social media; face to face marketing, having influencers talk to friends. It is like social media on steroids; it takes the experience from the computer screen into real life, and into the homes where ...
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