Education

Learn about educational events, informative webinars and special reports, designed and prepared to help members stay up-to- date on current business topics, trends and issues!

Pantone Announces Color of the Year 2018

Pantone announced that Ultra Violet is Color of the Year 2018. "A dramatically provocative and thoughtful purple shade, PANTONE 18-3838 Ultra Violet communicates originality, ingenuity, and visionary thinking that points us toward the future." Historically, Ultra Violet has had a long standing as a powerful yet calming color, bringing to mind the mysteries of the night skies…

Stats: Holiday Shopping Predictions

Is the fourth quarter going to bring coal or toys to retailers this year? With an uptick in the economy improving consumer confidence and a 3.2 percent rise in the incomes of middle class Americans, (as reported by the U.S. census bureau in August), signs are good that retailers are on track to get toys in their stockings. Or at least some cash. According to research…

Trends: I-Generation Rocks Black Friday

Of all the shoppers expected to be looking for deals this upcoming holiday season, younger consumers are the most likely to shop in stores on Black Friday. That’s according to a report from Mintel that interviewed 18-22-year-old shoppers (part of the so-called I-Generation of 10-22 years of age) and found that 42 percent are most likely to be in stores on Black Friday, more…

House Considering Tax Reform, Manufacturers / Consumer Goods Suppliers Must Engage

Bold tax reform is making its way through Congress thanks to the efforts of manufacturers and consumer goods suppliers making their voices heard. Following last week’s 24-16 vote of approval from the House Ways & Means Committee, a House floor vote on tax reform is imminent this week. Last week, suppliers let committee members know that tax reform was a priority, but now…

Fermentation Bubbles as Trend

Brooklyn, N.Y. —home to the artisanal pickle set—should also be the hot bed of home fermentation, but retailers in that city are split about whether they see a trend out there. “Unfortunately, it never caught on here,” says Jennifer Baron, owner of A Cook’s Companion on Atlantic Avenue. “Maybe I was too ahead of things, but Brooklyn Kitchen has been very successful. However,…

Retail Profile: Rhubarb Kitchen Shop

“I still feel like the new kid,” says Ellen Kluge as she celebrates her store’s 25th year in business. “But apparently I’m not.” Even though Kluge has been with the store, Rhubarb Kitchen Shop, since she first welcomed customers as its manager in 1992, the excitement she feels running the store and greeting customers has never waned. “I’ve been happy,” she says. She’s…

Stats: Wellspring for Hydration

Consumers are taking their water with them—whether they are hiking, going to the gym or even heading into the office—and products that help with that are selling well. That’s according to a recent study by The NPD Group Inc., which reports that Hydration represents a $345.7 million dollar growth category for the outdoors industry. But kitchenware retailers can ‘tap’ into the…

Selling From the Sidewalk

Just as consumers throw yard sales to rid their homes of unwanted clutter, so retailers throw sidewalk sales to rid their stores of merchandise that, for various reasons, is cluttering up shelves. It is an annual process especially embraced by independent retailers who don’t have to deal with corporate policies regarding pricing and discounting. Which is good, because most…

Retail Profile: Cooks’Wares

It’s a family affair over at Cooks’Wares, in Cincinnati. Founded by Paul Fricke and his wife, Mary, in 1992, and now run by Mary, along with their son Steve and daughter Sharon, the store has been the go-to place for cooking classes in northern Cincinnati since the day it opened 25 years ago. Steve Fricke, the store’s current buyer, says his late dad (Paul Fricke died in…