Monthly Archives: June 2013

What Americans Do in a Typical Day

The U.S. Department of Labor regularly publishes data on the lifestyles of Americans, including the amount of time spent on various activities. Recently, the Wall Street Journal created the graphic shown below out of 2012 data on American adults. From … Continue reading

Posted in Part 3: Targeting Customers and Gathering Information, Part 7: Communicating with the Customer | Tagged , , , , , , , | Leave a comment

A Supreme Court Victory for American Express — But Not for Retailers

In a major June 2013 business ruling, the U.S. Supreme Court sided with American Express and against the firms’ retail clients. This is especially significant for smaller retailers. As reported by Lawrence Hurley and Andrew Longstreth for Reuters: “The U.S. Supreme … Continue reading

Posted in Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing | Tagged , , , , , , , , , | Leave a comment

Fastest-Growing U.S. Franchisors

Each year, Entrepreneur magazine ranks more than 100 of the fastest-growing U.S. franchise companies. Here are the top 10 for 2013: Subway — submarine sandwiches & salads; startup costs:  $85,200 – $260,350 Jan-Pro Franchising Int’l. — commercial cleaning; startup costs: $3,150 – $50,410 7-Eleven … Continue reading

Posted in Part 1: Overview/Planning, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 4: Store Location Planning, Part 5: Managing a Retail Business | Tagged , , , , , , | 2 Comments