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“Anecdotal feedback from the first day of the trial was overwhelmingly positive with more than half of our customers opting to use the new Self-Checkouts,” Robert Eichfeld, storeoperations director at Aldi Australia, said. We saw Myer fall into the same trap by offering Boxing Day sales, online and suddenly all the lines are gone.
DiscountStores Beat Big-Box Stores. The answer was discountstores, such as 5 Below, dollar stores, and others, as 53 percent said they buy here for this holiday. Once inside, there are a few promotions that help close the deal. Chocolate, cards, and flowers are the most popular gifts.
Sari-sari stores are essentially neighbourhood stores, which figure prominently in lower-middle-class locations in the Philippines. Typical sales figures of these stores can fluctuate wildly, ranging from 1500 pesos (US$27) per day or per month. These storesoperate in what we call a sachet economy.
It should be a model for how other retailers, especially discountstores, operate in the current climate. . Ultimately, there is still a definite need for physical retail stores of all categories.
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