Publicis in Paris: Not Your Typical Drugstore

As Rupal Parekh reports in Advertising Age, the Publicis Drugstore in Paris truly a one-of-a-kind retailer, and unlike any other drugstore any of us have ever visited.
This is how Parekh describes the Publicis Drugstore: “There are few places in the world where one can purchase a jar of marshmallow fluff, a box of Disney-branded pasta, a package of gourmet gold-flecked Pierre Herme macaroons, and a tin of Petrossian caviar at the same time. But it exists, and the same store carries condiments from around the world like Marmite and Louisiana hot sauce. Walk deeper inside, and you’ll come across glass cases holding classic men’s pocket accessories like Swiss Army Knives and DuPont lighters adjacent to modern ones like Beats by Dre earbuds. The store also has a cigar room and a large selection of wine and booze, literally: It sells magnums of vodka. In the women’s section, the newest Marc Jacobs bags and Chloé wallets beckon and delicate jewelry twinkles, like a $1,750 ring dotted with tiny diamonds. There are plenty of top-of-the-line choices for baby, too, like Burberry bibs and Dior baby bottles. Some cost-conscious items are dotted throughout, like a large collection of Kiehl’s skin products, Moleskine notebooks and Pantone mugs in every color of the rainbow.”
The Publicis Drugstore employs 180 people and is open from 8 A.M. to  2 P.M. every day of the year.
Click the photo for the full Ad Age story.

Posted in Global Retailing, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 6: Merchandise Management and Pricing | Tagged , , , , , | Leave a comment

The Top Fast Casual Restaurants

Fastcasual.com recently released its ranking of the top 100 “fast casual” restaurants. According to Fastcasual.com, the leading five companies are (1) Smashburger, (2) Zoes Kitchen, (3) Firehouse Subs, (4) Zoup, and (5) Freebirds World Burrito. “When Smashburger opened its first unit in 2007, the better burger category was just beginning to emerge. Five years later, Smashburger is an industry leader and has moved both the better burger and fast casual segments forward in major ways.”
To access the full report, click the photo below. Note: A free registration is required.

Posted in Part 1: Overview/Planning, Part 6: Merchandise Management and Pricing | Tagged , , , , , , , , | Leave a comment

Tough Sailing Ahead for Some Traditional Retailers

The retailing landscape has changed so dramatically over the past few years that some well-entrenched retailers are looking out at a tough and complex future in which they must better adapt to prosper — or even survive.
Recently, Brad Stone and David Welch wrote a provocative article in Business entitled “The Future Retail Wasteland.” According to Stone and Welch: “All big-box stores, and Best Buy in particular, thrived in an era when comparison shopping meant physically going from store to store. The effort required of consumers was a kind of transactional friction. With the advent of mobile technology, friction has all but disappeared. Rather than ruminate with a salesperson before making a selection, tech-savvy consumers are more likely to walk into stores, eyeball products, scan barcodes with their smartphones, note cheaper prices online, and head for the exit. Shoppers can purchase virtually any product under the sun on Amazon or eBay while sipping a latte at Starbucks. For traditional retailers, that spells trouble, if not death.”
To read the full article, click the Best Buy photo.

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