If you’re like most retailers, you may often ask yourself how you can attract more millennial customers to your business. This generation is often generalized in broad strokes and described using negative words like lazy, entitled and delusional. However, millennial …
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Affluent Consumers Opt to Shop Small, Avoid Malls
Spending growth at small businesses has outpaced big-box chains in the past two years and affluent consumers are contributing to the growth, according to Bloomberg. When consumers aren’t shopping online, they are seeking out businesses that provide personal connections and …
Read More »2017 Holiday Sales Forecast: Online Shopping Up, Overall Sales to Climb
Retailers across the country are gearing up for a busy holiday sales season, with sales projected to be 3.6 to 4 percent higher than last year, the National Retail Federation (NRF) reports. That increased spending can add up for independent …
Read More »Wrap-Up: Dustin Kaehr’s Retail Is… Series
Throughout 2017, retail consultant Dustin Kaehr has shared his insights into the cornerstones of running a successful retail operation. He’s drawn from his 17 years of experience working with all types of retailers, including small independent businesses as well as …
Read More »Expert Perspective: Retail Is…Store Design
Click the picture to download a PDF of this story. By Dustin Kaehr, dk@dustinkaehr.com My grandpa used to love eating at little hole-in-the-wall restaurants. “It may look like a dump, but those places usually serve the best food.” My dad, who …
Read More »Home Depot’s Strategy for Reaching America’s Largest Age Group
Home Depot and other retailers are altering their marketing campaigns, product design and consumer outreach programs to better target 26-year-olds, currently the largest age group in the U.S., reports The Washington Post. The cohort numbers around 4.8 million people and …
Read More »Generation Z: Reaching the Next-Gen Consumer
Generation Z, the generation after millennials (born between 1995 and 2012, according to Forbes) makes purchasing decisions differently from every previous generation, mostly because of how they engage with digital and social media, according to influencer marketing agency Mediakix. These consumers …
Read More »10 Reasons My Wife Drives 115 Miles to IKEA
Click the picture to download a PDF of this story. As a writer for Hardware Retailing, I’m constantly on the lookout for retailers who do a great job merchandising their wares and providing outstanding customer service. So when I discovered that my …
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