Re:1 out of every 153 American workers is an Amazon employee
by ethbr0 on Saturday July 31, 2021 @04:56PM
(#28021474)
That's the GE-ification of retail.
Yes, you should allocate a larger share of scarce resources (in this case, floor space) to high-margin product...
... but not at the expense of the central thesis of why customers actually come to your store.
B&N was able to sell high margin gift shop items because traffic was already there as a bookstore... and there as a bookstore because they had reading areas and a coffee shop.
Yes, you should allocate a larger share of scarce resources (in this case, floor space) to high-margin product...
... but not at the expense of the central thesis of why customers actually come to your store.
B&N was able to sell high margin gift shop items because traffic was already there as a bookstore... and there as a bookstore because they had reading areas and a coffee shop.