So even though I live in California and work in a drug store, this is the first I’ve heard of this. Our company doesn’t always communicate what’s going on in pharmacy to the front store folks. I think this is a good thing, the easier it is to get birth control into women’s hands the Read More…
Category: Retail Trends
Retail trends
Target will roll out RFID
Here comes some more technology. Target is going to start using “smart labels” which will actually tell them how much of a certain item is where without having to psychically see it in person. If you have that kind of data on an item, you could actually see it leave the stores Read More…
Beware of These Pricing Tricks Retailers Use to Fool Your Brain
This is from Lifehacker, and most are basics that you already know if you’ve worked in retail for a while. Pricing something 99 cents instead of a dollar is like instinct by now. I’ve also known for a while that Amazon can track my habits and might show me a higher price for an item Read More…
France Mandates that Supermarkets Give Surplus Food to Charity
Kudos to the French here!! While you can argue about government intervention in business, etc., they are doing the right thing and trying to fix something that I’ve talked about before–the needless waste of food. With tons of homeless people everywhere, seeing dozens of loaves of bread thrown out each week (along with Read More…
Retail Apocalypse: Major US Chains Closing 6,000 Stores Nationwide
The author of this article which appeared in Truth & Action took a list of planned retail closings and ties it to fear of Jade Helm, riots and economic collapse. He uses a list which has “more than 6,000 store closings” planned. Classic example of “There are two sides to every story.” I found Read More…
No More Loss Prevention Agents Needed
More new technology heading into retail stores. A tiny sensor placed on a display or a peg which will alert store personnel that someone needs help with high-dollar merchandise OR if they are possibly looking to steal it. Ideally the store personnel then comes over and helps the customer or deters the thief. Read More…
8 Psychological Tricks of Restaurant Menus
I’ve always been fascinated by the psychology part of retail. I was always taught that if you have two sizes of an item, the bigger size always goes on the right (smaller—>bigger) and while it seemed logical for some reason, it made more sense when you realize that most people are right-handed so they Read More…
The Days of Entrepreneurship and The Razor
When I worked for Longs, store managers were trained to be entrepreneurs and to look for items that could be successful in our stores. We did have corporate buyers but they knew that they couldn’t see every vendor out there, and often there were local items that would do well in certain stores. If you Read More…
The Top 10 Toy Crazes of All Time
Time Magazine assembled a list of the top 10 toy crazes of all time. I was working retail in 1982 when Cabbage Patch Dolls came out, and there was never a toy craze like it and never has been since, other than possibly the Razor Scooters. I remember seeing them at a toy show Read More…
Is Walgreens Close To Buying Rite-Aid?
The rumors have been floating for a while, and a board member of Walgreens Boots Alliance is hinting that an acquisition of some kind might be VERY close. Walgreens is hosting an analyst day on Wednesday and Thursday this week so stay tuned for further details. I’m sure CVS is listening… NEW YORK — The buzz Read More…