Showing posts with label United States. Show all posts
Showing posts with label United States. Show all posts

Monday, November 29, 2010

The post Turkey Leadership Sensation

Now that this year's Thanksgiving has come to an end, we are pretty sure that you have returned to work relaxed, belly full, wallets empty, and ready to take on your job with gusto! With that in mind, we have noticed a few bits and pieces that could help in  motivating your team, improving your leadership and of course, adding some fun into the workplace.

Mr Rogers and Management Advice 
Most of us can remember Mr. Rogers. From PBS, Mister Rogers Neighborhood ran on TV from 1968 to 2001, offering a safe and sane TV show for millions of children over the year. Much maligned and mocked, It seems that there is some advice for the workplace in Mr. Rogers approach, and you can read about it HERE. it is a summary of an article from a recent issue of Fast Company.

We liked one of the five management tips best: "Be Consistent in who you are, and what people should expect. We think this is especially important in the campus world, and for retailers to stay focused on their core products and values. Although the desire to snag trends is important, staying focused on your history, and your core mission creates an environment of customer trust and satisfaction.

Speaking of Values...
Have you ever spent what seems like an endless amount of time with staff and bosses hashing out your mission statement, core values and the like? After you wordsmith and hammer out some pithy statements, what happens next? They often become just words on the page, added to annual reports or appearing on the staff bulletin board.

What about sharing these values with your customers? We stopped for a burger at the restaurant chain "Red Robin" recently, and were intrigued by how this restaurant gets their message out. They have printed their core values on the back of drink coasters and the check envelope. There are four values; Honor, Integrity, Continuing Seeking Knowledge and Having Fun. They call it "Living the Core Values", and the descriptions are well written. It suggests that this might be a good place to work, or at least someplace you might want to come back for more meals.

We liked the core value of "Having Fun". As Red Robin sees it, fun is about staying fresh, vibrant and always willing to seek out and learn new things. Value number two is good as well. Integrity. Empower people to do the right thing and they will.

We think it is smart and clever. Does it work in campus retail? We think so, if you took your values and printed them on receipts, receipt holders or displayed them individually throughout the store. A way to share your values with your customers.

Cyber Monday and Holiday shopping.
A few surveys gave us pause last week as the media looked at workplace, employees and holiday shopping.

The first survey asked 100 large company IT managers how they handled employees shopping on line during work hours. 44% said they now block popular online shipping sites to combat "time theft", especially at this time of the year. Most employees admit to shopping on work time, but under estimate the time they spend online, or argue that their activities are during break times.

We thought it is something for managers and supervisors to keep an eye out as Cyber Monday rolls along.

The second survey (one commissioned by Ebay), was intriguing as we had just not thought that much about it. Their survey showed that 6 percent of workers admitted to calling in sick in order to Christmas Shop. 20% of the respondents had considered doing this.

It is not a large percentage, but it does give one pause, and, as always it's something for people supervisors to keep watch on during the holiday shopping frenzy.

Can Campus Retailers.....Connect?
There was a recent article in NACS Campus Marketplace about Assumption College (Worcester, MA) that we liked. Presumably this store has an employee by the name of "BookstoreJosh". In a fit of creativity, they have created two YouTube videos to promote the bookstore, both as a place with more products than textbooks, and a fun place to hang out.

Now many stores have done similar on YouTube, but have generally been a bit flat and boring. YouTube by committee, without much spark. Assumption and BookstoreJosh have gone the other way, creating fun and friendly videos that highlight the store in a positive and enthusiastic vein.

We like video #2 best, with it's campy batman theme music and focus on the bookstore as a campus community center. "The Bookstore....we've got time" is the tag line, and while we would have nixed the "window shopping" line, we enjoyed the focus on using the store's Mac demos for "time wasting activities"

Good job, and we are waiting for the next chapters in the Assumption College Bookstore video library. You can see the whole video at http://www.youtube.com/watch?v=7pSYPErEULc&feature=related
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Friday, November 12, 2010

A tale of Two Retailers

The is the story of two fashion retailers. One that had it all, and the other that wants it all. A tale of how one retailer has a ride to the top, only to experience an inglorious collapse. The other, a small regional company, that has defied all odds to become bigger and bigger - even in a tough economy.

Our story begins with the manufacture and retailer "American Apparel". From the very beginning, American Apparel sought to redefine clothing basics. Their spin was to create well made, high quality T-Shirts, sweatshirts and the like. Good quality, no frills, basics you could wear outside your house without feeling embarrassed. They added to this quality by creating products that were cut specifically to fit women. A new idea, and one that was embraced wholeheartedly.

Now selling basic t's is pretty dull. So, American Apparel made their name known by creating provocative advertising, and to being one of the first to tout their clothing as being sweatshop free, ethical clothing. A differentiators from the rest of the marketplace. Spurred on by the media attention and customer enthusiasm, American Apparel went on a rapid expansion plan. Opening stores everywhere, pouring millions into marketing campaigns, and creating a pop culture star out of founder Dov Charney.

Yet now it is saddled with $120 Million in debt, the retail stores (over 200 at last count) are doing poorly and customers have lost interest in the company, finding other retailers to fill the void for basic fashion wear. Now, just over a decade from inception, American Apparel is contemplating Chapter 11. A shell of its former self.

LuLuLemon
On the other side of the fashion coin is manufacturer and retailer LuluLemon. Founded in Vancouver BC less than 10 years ago, the moderately priced yoga and fitness fashion label has grown from a few local stores to a dominate player in the fitness clothing sector. Touting fashionable, moderately priced fitness wear, LuLuLemon rode the wave of increased popularity of Yoga as the new fitness regimen.

The company has found success, and expanded rapidly throughout Canada, and now into the US marketplace. What makes their story remarkable, is this rapid and successful expansion during the recession. While other retailers pray for 1% or 2% same store sales growth, LuLuLemon is experiencing double digit growth this year - 30% to 40% over 2009. A company to be reckoned with.

A fall from grace and a Phoenix from the recessionary ashes. That's our tale of two retailers.









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Thursday, September 16, 2010

In a New York Minute - The Walgreens experience

A few weeks back, I had the opportunity to visit New York City for a week. It was a spur of the moment trip, and I didn't give much thought to my plans, just headed out looking for adventure. Of course I couldn't stop my curious mind from making note of some retail and cultural trends  as I walked and explored the Big Apple.
My first stop, like all good tourists, was Times Square. Now I've been to Times Square before. Yet, it never ceases to amaze me." Bright Lights, Big City" said Jay Macanery, and the area continues to live up to that moniker. It's all giant neon and scrolling screens, looming above a mass of humanity. Humanity of course being all tourists. I doubt many New Yorkers spend much time there, what with the flashing cameras,  the out of towners, and the heavy preponderance of chain restaurants all proclaiming how BIG they are (The Largest Chili's in the world!).
There is lots to write about Times Square retail wise, but what I experienced was the Walgreens Drugstore. It's a super drugstore to be sure. A tower in the middle of Times Square, and is the first retailer that greets you as you come up from the subway. But it's a Walgreens, and beside the giant neon ads on the front of this drugstore, the three floors inside remind you of that.
My experience at Times Square Walgreens is what's interesting. Or frustrating. Or maddening when you see chain retailers that want to operate all of their units from the same mediocre play book.
You see I wanted a bottle of wine. Yes, I could go into any number of places to have a glass of wine, only to discover that (a) they don't put the prices of drinks on menus and (b) there is a very good reason for that when you get the bill. So, being ever so slightly worried that I would spend all my consumable cash on 2 glasses of wine, I went looking for a wine/liquor store around Times Square.
There are none. Well, I'm sure there are,   but I was starting to feel a bit peckish and the glare of the Toys R Us Ferris Wheel may have disoriented me. Or,  it was the crowds and the big SUV Strollers that seem to always be biting at your heels. And then my great inspiration. Walgreens! Wine and Beer! I love America! Perfect. Pick up a bottle, walk across the street to subway, go back to my place and day one of my adventure pleasantly comes to a close.
And yes Walgreens sells wine and beer, and some alcohol cooler things that I think are marketed to 14 year olds. (Seriously, what adult drinks bubble gum tutti fruit rum infusion coolers? And why? ). So I pick up my wine and begin the quest for a corkscrew. Yes, normally I pack a corkscrew for emergencies such as this, but  this was a spur of the moment trip, so my packing regime was a bit out of whack. Trolling the shelves for said corkscrew, I finally found a surly employee who, without so much stopping to chew her gum, raised a well manicured finger and spat out "Housewares - third floor". Thank you dear I muttered, wondering if customer service manuals were written by members of the East German Police.
Cruising the escalator to the third floor I wonder aimlessly until I find the minuscule housewares section, somewhere between hygiene products and disposable diapers for every age group. I'm carrying my bottle around, curiously drawn to the 12 liner feet of every age group diapers (cradle to the grave indeed),  and finally, after three cruises through the aisles found the shelf tag for corkscrews. Out of stock. *sigh*
So here I am. Corked bottle in hand, third floor of what I am sure is the LARGEST WALGREENS IN THE WORLD, and no corkscrew. I thought of going back down and asking Miss manicured finger if they had one in the back room, or picking up the bubble gum rum infusion drinks with the easy twist off cap. Neither seemed like a great plan, nor did the "I Heart NYC" Corkscrew that I found in the souvenir section for the princely sum of $25.00. So i left sans corkscrew, hoping that I could find one back at the apartment that I was staying at. I stood in a long line, paid for my wine and stepped over the SUV strollers. I pushed out the Walgreens entrance,  a  a sigh of relief, and stood next to Miss manicure finger puffing on her Virginia Slim.
Of course you are asking yourself. What does this whole story have to do with Walgreens head office and operational efficiency and building sales? Well let me tell you:
First off, It's your environment that matters in retail. You can 800 stores, all across the country, but each one is unique in where it is located. Someone at head office has missed the fact that they could make a lot more money by expanding their wine and beer and bubble gum cooler selection. No not at all 800 stores - but at the Times Square one. If I have trouble finding vino, I'm sure I am not the only one, so why can't the chain recognize this and work to modify the selection based on location? Seems a no brainer to me.
Second, What's that adage in retail about putting complementary products together to drive add on sales? Did Walgreens miss that day at retail 101? Why on earth would you put wine on one floor and corkscrews two floors up? Everyone, from the manager to the district manager,  to the head office plan-o-gram folks, should have figured that one out. It's like putting the Anthro textbook at one end of the store and the Anthro study guide far off in the other corner.
And finally, I've been around the block a few times retail wise. I can smell a push a mile away. I bet they haven't had stock of the $5.00 corkscrews for ever, forcing consumers to by the cheap plastic "I Heart NY" products for four to five times the price. Yes that increases sales, but at the cost of consumer cynicism and lost on-going loyalty.
So there are my retail tips for the day. Look at your location and what you can leverage. Remind yourself to check your product selection and see if it makes sense, and above all, watch those out of stocks!
I went home, found something that was close to a corkscrew, and had a lovely glass of wine from a mason jar.
Hopefully Miss manicured finger has finished her gum.
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