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The Role of Demographics in Convenience Store Management
The convenience stores industry closed in 2020, with over 150,000 stores operating in the US. Statistics show that single-store operators or private business owners manage about 62% of these convenience stores. The increased growth of convenience stores derives from consumers’ high demand. Modern consumers want to get fast and easy shopping solutions that make convenience…
Can Convenience Stores Become a New Option for Happy Hour?
Every convenience store owner’s goal is to maximize revenue by cementing repeat and consistent customer flow through the establishment. However, it can be challenging to achieve this goal if you lack a concrete convenience store marketing strategy. Like any other modern, competitive business, your success depends on how well you market yourself. But don’t worry…
How Liquor Stores can Build Loyalty Thru Customer Reward Programs
Opening a liquor store takes a tremendous amount of work to get the business up and running. According to recent research by Chase Design, up to 90% of consumers prefer in-store buying of liquor. This shows that customers enjoy being in control of buying their wine, beer, or spirit from their local liquor store. As…
Retail Design Strategies – How to Improve Customer Experience
Whether you are opening a new store or changing some aspects in the current one, you need to learn the best strategies to attract customers. Customers have different preferences, but most of them, if not all, will appreciate an appealing retail store design. Maintaining old customers and attracting new ones requires effective strategies, and one…
Is AI in Retail Here to Stay? Benefits, Uses, Considerations
How ready are you to adopt Artificial Intelligence in retail? Artificial intelligence is evolving each new day, and so is the retail sector. From real-time customized promotions and computer vision to enforcing machine learning for managing inventories, retailers are harnessing the power of AI by connecting with their clients and optimizing operations. To edge out…
7 Liquor Store Display Ideas To Boost Sales
Throughout the United States, certain establishments in every town or city help define a community. No matter where you are, chances are you have entered into your local liquor store. Even at the beginning of the COVID-19 pandemic over a year ago, in many areas of the country, liquor stores were considered essential. A recent…
The Ultimate Guide for Grocery Store Merchandising Ideas
Chances are unless you’ve spent the better part of your life living under a rock, you’ve been inside a supermarket. And if you’re like me and you feel like you spend too many hours of your week inside a grocery store, you might be saying to yourself, if I’ve seen one, I’ve seen them all….