One of the biggest trends is actually, well, small. The combination of changing consumer shopping behaviors and hard-to-pass-up real-estate opportunities has created an opportunity for many traditional stores.
Over the past few years, some large retailers have decided to forgo the hundreds of thousands of square feet and instead opened smaller stores – and consumers are responding quite favorably.
Consumers at times feel overwhelmed in large, massive merchandised filled stores with so many items to select from.
Having an organized exclusive store is easier for the consumers to browse and connect with the staff; this is where the loyalty begins!
Additional advantages for business owner are lower cost and investment. For many small businesses and start-ups this is just the ticket needed for success!
So think outside the box and think small!
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