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OUTSIDE THE BOX
Sometimes it’s best to bite the bullet and realize when you’ve
held onto things – or stores – too long. That’s the position of
Marks & Spencer, which has been losing market share for years.
As a remedy, the chain developed a massive five-year store-
closing program in the UK and overseas markets – including
its iconic store on Paris’ Champs-Élysées, proving that profits
trump panache any day.
Food delivery for lunch and dinner isn’t new.
But if you’re craving waffles there’s a new
delivery service for just that. Smash Waffles
has begun operating out of Greenville,
N.C. and uses private commercial
kitchens to make waffles which are
then delivered to customers. They
have a regular weekly lineup and
weekly special flavors smashberry,
a blueberry waffle stuffed with
whipped cream and topped
with cream cheese icing and
shortbread crumbles. Waffles sell
for about $15 per half dozen or $21
for a full dozen, plus delivery fee.
Mi Casa, Su Waffles!
Time to let
Do people spend more on their pets
than their kids? FungGlobal Retail and
Technology reports that pet industry
sales are set to increase 4 percent this
year to about $62.75 billion. Gains are
expected in all categories including
food, accessories, OTC medicines
and vet care services. But this isn’t
all. Technology-enhanced products,
including cameras and wearables
are attracting attention.
Pet Bonanza
A new study by the National Retail
Federation indicates that ads on
shopping carts and at the
checkouts may be fairly
useless. The reason is that
adults are more interested in getting
out of the store and managing kids. As a result, these
ads have little influence on them. The study, based on
data from Prosper Insights & Analytics, found that
direct mail and coupons have a bigger influence.
Ad-
verse
Conditions
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go?
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NEW JERSEY GROCER |