Traditionally a way to dump overstock merchandise and have fun with neighbors, street fairs and sidewalk sales are not as popular with independent retailers as they used to be. Most retailers interviewed for this story have participated in sidewalk sales in the past, but now have decided to take a pass on the events, citing staffing issues among other things. “We used to do…
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IHA’s blog features informative posts written to keep the housewares industry educated and informed about key strategic issues and IHA member services.
Retail Profile: Perennial Accents
Location: St. Joseph, Mich. Founded: 1995 Owner: Kellye Wilson (since October 2018) Square footage: 5,000 sq. ft. Rent or Own: Rent Perennial Accents, which was launched in a barn in 1995 as a family-owned business growing perennial plants, making dried wreaths and selling cookware, got a turnaround when former Whirlpool executive Kellye Wilson bought the…
CONTINUE READINGCarriers Expected to Fabricate Strong Peak Season
Analysts are now predicting that the peak shipping period from Asia to the US will be mild. This prediction is in stark contrast to last year’s peak when available space on ships was tough to secure. Many shippers were forced to pay hefty rate premiums to move cargo during their preferred shipping windows. Conventional wisdom would suggest that the prediction of a mild peak…
CONTINUE READINGGlobal Retail Intelligence – July
July 15 – Spar International Plans to Enter KosovoWith the opening of three stores in Kosovo, three more by the end of 2019 and seven additional stores by 2020, Spar International confirmed that it will work alongside the newly established consortium of wholesale and resale partners in the country. From European Supermarket Magazine July 12 – David Jones…
CONTINUE READINGIMO 2020 Will Impact Multiple Stakeholders
The International Maritime Organization (IMO) has developed several mandates to reduce marine pollution. Effective January 1, 2020, container vessels will only be allowed to use fuel with a maximum sulfur content of 0.5%. The current regulation allows for fuel with a sulfur cap of 3.5%. The cost of this new mandate is going to impact multiple stakeholders in the shipping…
CONTINUE READINGStats: Specialty Cheese Market Expected to Grow
Although it is, ahem, ripe, the market for specialty cheese, while mature, is still expected to grow. Which is good news for those independent retailers who stock bries, blues and cheddars. According to the U.S. Food Market Outlook 2019, a report released by the market research firm Packaged Facts, retail dollar sales of the U.S. natural and specialty cheese market reached…
CONTINUE READINGSocial Influencers = Global Sales: 3 Key Things to Know
By: Dr. Patrick Lynch, Clinical Assistant Professor of Analytics and Leadership at Thunderbird School of Global Management “The brands and manufacturers have all the power!” exclaimed an Instagram social influencer during a recent interview. That may sound strange to leaders in most companies overwhelmed by social media morass from Twitter to Facebook to YouTube. Where to…
CONTINUE READINGTrends: Consumers Love Snacks
According to the NPD Group’s most recent survey, consumers love snacks! And why not. They like tasty, rich snacks, according to the NPD Group’s “Future of Snacking” report, which says consumers “are giving themselves permission to enjoy indulgent snacks.” For retailers with cooking programs, the trend is an interesting one. Why not consider adding classes on how to whip up…
CONTINUE READINGSpecial Spaces
by Michelle Hespe The 2019 gia Global Honoree Futako Tamagawa Tsutaya Electrics from Japan is part of a new wave of retailers that understand that to survive in this industry, you can no longer simply sell products. This company has further raised the bar, creating an enticing society for its customers. Don’t be fooled by the name of the store – Futako Tamagawa Tsutaya…
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