strip mall retailing

Pick Up Stix Closes 26 Stores Without Notice

Pick Up Stix, a San Clemente,CA based chain of fast casual Asian restaurants, has shuttered 26 stores in Northern California, Nevada, and Arizona as of January 15, 2008. Apparently there was no notice given to the local employees, according to the buzz on Elk Grove, CA based Elk Grove Online (requires registration).

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Wal-Mart Says “Watch Out Tesco!”

Strip Malls Soon To Get A New Player with Marketside Today Wal-Mart announced plans to roll out “Marketside,” a concept intended to compete head on with the UK Giant Tesco, doing business in the U.S as Fresh and Easy. The story is still developing, and the figures in the Forbes article below are incorrect. They [...]

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Shortcuts for Estimating Sustainable Shop Rent Levels

If your franchisor doesn’t have a good income and expense model, or if you’re on your own and you need to estimate the most rent your can pay, here’s a quick calculation for you. From Ask The Strip Mall Insider…

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Blogging for Profitable Strip Mall Retailing

While blogging is still in its infancy for most traditional businesses, there are certain sectors that can benefit greatly from maintaining a blog or interactive web presence. These sectors include professionals, consultants, and yes…..strip mall retailers. Micromarketing is coming on strong, Find Out Why

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Nielsen’s Four Modes of Shopping

Consumers have a predisposition for a shopping pattern for each product considered for purchase, according to Nielsen. The general categories are “grab-’n’-go,” “open to influence by buzz,””seeking new tastes and new formats,” and “price-sensitive.” Retailers must know which products are characterized by each mode, and should merchandise accordingly. The following chart lists examples of products [...]

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SHOP TALK: Shake Up Your Colors!

11-15-07 This evening I was in a local Starbucks which is not a leader in the region. I asked them how their sales trends had been over the last couple of months. “Slightly down, until we went “red,” smiled the young lady behind the counter, “and since that day we’re up $5,000 a week!”

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