Retailing Tidbits – August 2007
by Veronica Stone on August 6th, 2007
JUST back from Toy Fair in NY and it seemed like there was some business going on the first day. One vendor hawking his products to us boasts that soon it will be in Wal-Marts. As a small independent retailer do you think that is what I want to hear? So I can take my profit margin and slice it down the instant it hits the box store. What are some vendors thinking?
COLORS are important in your store. At Children’s Place stores they changed to blacks and browns. Said it was more sophisticated. Yes, of course, a sophisticated three-year-old! Rule #1: Market to your client. Maybe the little tots wear suits and ties when shopping there and I’m off on this one!
THE top items from the CES Show that wrapped up are PC’s, accessories and digital imaging devices. Steep price declines in plasma and LCD’s flattened the marketplace on that category.
