Entries tagged “retail”

Starbucks is adding ‘Trenta’ size cups to it’s drink lineup.  The 31-ounce cup will be used only for iced coffee and iced tea drinks and will cost $0.50 more than a similar Venti sized drink.

The National Post has a graphic showing how large the new cup really is (hint: it’s bigger than an average stomach).

Which national chain is the biggest in NYC?  Dunkin’ Donuts with 448 stores, but only 105 in Manhattan.  Starbucks, in contrast, has 227 total stores, with 182 of them in Manhattan.  These numbers, and others, show that mom & pop stores are disappearing while national chains are taking their place.

My favorite example of Starbucks’ ridiculousness is at 57th and Lexington.  There’s a Starbucks on the north side of the street, and another one about 1/2 block away on the south side of the street.  Yeah, crossing 57th Street is soooooo difficult.

Retail sales in NYC have fallen 8-10 percent from 2008, yet Apple has increased 2.5 percent and may be the highest grossing Fifth Avenue retailer.

Apple’s Fifth Avenue emporium probably has annual sales of more than $350 million, topping any of the chain’s other outlets, said Jeffrey Roseman, executive vice president of real- estate broker Newmark Knight Frank Retail in New York. The location is 10,000 square feet, putting its sales per square foot at a minimum of $35,000, based on Roseman’s estimate.

That’s the equivalent of selling one Mercedes-Benz C300 sedan per square foot. Apple may be the highest grossing retailer ever on Fifth Avenue, said Faith Hope Consolo, chairman of the retail leasing and sales division at Manhattan-based Prudential Douglas Elliman Real Estate.

About two weeks ago I was in both Tiffany’s and Apple at about the same time on successive weekdays, and the difference in the amount of people (and people actually buying) was beyond compare. I had no problem browsing every counter on the main floor and the third floor in Tiffany’s, and was constantly asked if I needed assistance. In contrast, every table in the Apple store was jam packed with people, sometimes three deep waiting to play with a Mac or an iPod/iPhone, and the line to purchase general items was 20 minutes long.

Let me make sure you understand exactly what the above means…in the 5th Ave store, if you want to buy a Mac, iPhone, or iPod, you do so at small, dedicated “kiosks” around the main floor; if a salesperson assists you in deciding which third-party radio/iPod dock you should buy for your iPod or whatever else they sell there, they check you out right there with your credit card using a wireless doohicky; the only people standing on the general cash register line are people who are paying cash, or who are buying boxed products and weren’t lucky enough to get help from the roving Apple staff…even with 10+ cash registers servicing the line, it was still 20 minutes.

After my visits to both Tiffany’s and Apple, I bought more Apple stock. The difference between the day it opened and the middle of a major recession was nil.

Kmart Won’t Let You Order a Wii, Even Though They’re In Stock

wii

I’d like to get a Wii, but I’m not willing to buy a whole bundle for $500+ and get four games, three of which I’m not interested in. I’m also not interested in waiting on line at the Nintendo store before 7:00 a.m. hoping to get one of the 12 or so that they might sell that day. I can wait for the day that I can walk into any Best Buy or Circuit City and just buy the base $250 unit and the one additional game I might be interested in.

In an effort to find a Wii, I’ve added a Wii tracker to my RSS reader in case someone has the base unit for sale online. This morning, I found out that Kmart has just that. Over my morning cup of coffee, I went to the Kmart site, and attempted to order the Wii.

When I added it to my cart, I was greeted by a message that, especially with my slow-morning-brain, I found quite perplexing.

Wii shopping car

So how exactly does one go about and order one from Kmart?  They have them in stock, but have a limit of 0 per order.

Oh well. Guess it’s not meant to be at this time.

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