What Is the World’s Largest Retail Store?

At least for now, the answer is NOT Macy’s Herald Square. And it is not in the United States.
Click the image to find out the answer.
   Public Domain Photo
Posted in Global Retailing, Part 4: Store Location Planning | Tagged , , , | Leave a comment

How McDonald’s Came Back Bigger Than Ever

As Keith O’Brien writes about McDonald’s in the New York Times: “The company’s bottom-line success in recent years has been unmatched by its traditional burger-chain competitors. Wendy’s and Burger King have been losing market share, while McDonald’s has been growing, according to an analysis by Technomic Inc., a Chicago-based food-service research and consulting firm. Technomic estimates that McDonald’s owns nearly 17 percent of the limited-service restaurant industry in the United States. That’s not only the largest share, according to the analysis, but also nearly as much as the next four restaurants in that category combined — Subway, Starbucks, Burger King and Wendy’s.”
Click the photo for O’Brien’s full story.

Photo by Stephen Lewis for the New York Times
Posted in Part 7: Communicating with the Customer, Part 8: Putting It All Together, Social Media and Retailing | Tagged , , , , , , | Leave a comment

Digital Tools Key for Grocery Shopping, Online and Off

Online food shopping has not lived up to many predictions. However, the Internet has a growing role to play. As reported by eMarketer: “‘What is changing—and rapidly—is how likely grocery shoppers are to use a variety of digital tools to research and plan purchases, whether or not those purchases ultimately are made online,’ said Krista Garcia, eMarketer analyst . ‘These tools are affecting how brick-and-mortar retailers sell groceries, and how supermarkets and customers interact.’”
Click the chart to learn more.

 

Posted in Online Retailing, Part 3: Targeting Customers and Gathering Information, Technology in Retailing | Tagged , , , | Leave a comment