Family Dollar and the slow, surprising death of the discount store
Posted by in Intelliretail

Family Dollar and the slow, surprising death of the discount store

Family Dollar and the slow, surprising death of the discount store | IntelliRetail.com

What has happened to that great American archetype, the penny-pinching bargain shopper?

Americans were once known to love a good deal; this is the country that invented ending every price with “$.99” Add to that the US economy has been less than robust for the past six years, marked by a recession leading into a rocky, dissatisfying recovery that includes a weak housing market and 10 million people out of work.

Source: Family Dollar and the slow, surprising death of the discount store | Money | theguardian.com

Rights to all content (text, images, videos etc.) with post source. If you think these are wrongly attributed email us



Related posts

Can Department Stores Regain Their Relevance?
Intelliretail

Can Department Stores Regain Their Relevance?


Can Department Stores Regain Their Relevance?

In the heyday of department stores, fashionable ladies flocked to luxury emporiums like Le Bon Marché, Bergdorf Goodman, Saks Fifth Avenue and Selfridges. Department stores were wondrous and bright communal playgrounds, places to socialise and explore the seemingly endless stock of goods, often from far-flung locales. In the fight for consumer dollars, department stores have lost significant ground to monobrand stores, specialty retailers and e-commerce players. Can they regain their relevance? Source: Reinventing The Department Store - BoF - The Business of Fashion Rights to all content (text, images, videos etc.) with post source. If you think these are wrongly attributed email us

Americans Have Been Cursing at Automated Checkouts Since 1937
Intelliretail

Americans Have Been Cursing at Automated Checkouts Since 1937


Americans Have Been Cursing at Automated Checkouts Since 1937

Who enjoys struggling with microscopic barcodes and unmarked bits of produce in the self-checkout lane? Nobody? Too bad; self-automated modules are here to stay. With a few exceptions, virtually every new grocery store in America is asking consumers to do a bit of work at the end of their trip, reducing face-to-face interaction with employees and, theoretically, overhead costs. Self-checkout feels like a product of the disconnected Internet age, but in fact, the concept is nearly 80 years old. Next time you openly swear at a fritzing scanner, direct the sentiment at Clarence Saunders. Born 1881 to a Virginia tobacco farmer, Saunders spent a lifetime grasping for heights of shopping automation even greater than we know today, then falling and bootstrapping himself back up again and again. Source: Americans Have Been Cursing at Automated Checkouts Since 1937 - CityLab Rights to all content (text, images, videos etc.) with post source. If you think these are wrongly attributed email us

Here’s How Online Stores Change Prices Depending on How You Shop
Intelliretail

Here's How Online Stores Change Prices Depending on How You Shop


Here's How Online Stores Change Prices Depending on How You Shop

A team of researchers at Northeastern University recently analyzed how e-commerce sites tailor prices to specific shoppers based on their digital habits and demographics, such as their ZIP code. According to the study, presented last week at the Internet Measurement Conference in Vancouver, major e-commerce sites including Home Depot, Walmart, and Hotels.com list online prices that are all over the map, and in some cases, these prices are “personalized” to the behavior of particular shoppers, including whether they shop on a phone or on a desktop. Source: Online Stores Change Prices Depending on How You Shop. Here's How | WIRED Rights to all content (text, images, videos etc.) with post source. If you think these are wrongly attributed email us

Leave a comment