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8 Reasons Why Blockbuster Failed & Filed for Bankruptcy

Indigo 9 Digital

By Tricia McKinnon Before the advent of streaming Blockbuster was a popular video rental store where customers could rent their favourite movies on VHS tapes or DVDs and watch them at home. If the deal went through Netflix would have managed Blockbuster’s online business. Do you like this content?

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e.l.f.’s Strategy for Staying on Top

Indigo 9 Digital

“A few years ago, a prestige brand introduced a new primer format at a $52 price point that quickly became a top primer in prestige,” said Amin. “We e.l.f’s strategy is not lost on the analysts covering the beauty sector with Olivia Tong, managing director and senior consumer staples analyst at Raymond James saying that “we think…[e.l.f.]

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The Top Shopping Mall Trends To Watch Over the Next Decade

Indigo 9 Digital

By Tricia McKinnon If you rolled back the clock to 50 years ago it would be hard to imagine a world where malls were not at the centre of commerce. The Class A malls] will continue to do well,” said Keith Jelinek, a senior managing director at Ankura. Department stores, a mall staple, have been in decline for at least a decade.

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The Downfall of Sears, 5 Reasons Why it’s Struggling to Survive

Indigo 9 Digital

By Tricia McKinnon Did you know that at one time Sears was the largest retailer in the world? Hedge fund manager Edward Lampert, who is also Sears’ former Chairman and CEO and largest shareholder, purchased the company in bankruptcy proceedings for only $5.2 That was back in 1969. That’s what happened with Sears.

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10 Ways to Succeed in Retail

Indigo 9 Digital

Danny Meyer, CEO of the Union Square Hospitality Group and founder of Shake Shack believes if you pay employees higher rates they tend to stay longer and are of a higher quality than employees who accept roles at lower rates. We have all seen the retail employee who seems like they would rather be anywhere else than at work.

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6 of the Best Ways to Retain Customers in Retail

Indigo 9 Digital

Consumers buy things from people and retailers they trust. That’s why you still shop at the mom and pop grocer across the street from your home. If you look at companies like Apple and Amazon they do a really good job of increasing sales from their existing customer base. Do your customers marvel at your product?