Posts tagged: Retail

Bad News for Independent Book Stores

Jim Hamilton
 Jan 2, 2011

In December the Minneapolis Star Tribune published an article called “Local bookstores fall to ‘e-book revolution’” about how the combined impact of the economy and the Internet had resulted in the recent closing of four independent book stores in Minnesota. Probably the most depressing aspect in an overall depressing story was the following quote from a representative from one of the bookstores who said, “We’re really now a showroom for books.” What she means is that after browsing in the store, most people then either go home and buy the book on-line or avoid the print version of the book entirely and purchase the e-book. Read more »

Magnetic Graphics System … I see the attraction

Other Posts
 Sep 27, 2010

The other day I got a briefing from a company called Visual Magnetics, which has developed a magnetic coating that it can apply to a wide variety of substrates. When used with the company’s “InvisiLock” system, the graphics printed on Visual Magnetics MagnaMedia can quickly and easily be replaced in part or in whole. There are quite a few advantages to this system but the biggest ones are in the levels of compliance reached by retailers who want to change advertising messages quickly. Read more »

Ritz Camera Files for Chapter 11 Bankruptcy Protection

Ed Lee
 Feb 24, 2009

ritz-logo1InfoTrends predicted in its 2009 Digital Photography Road Map analysis that retailers would be hurt as the digital camera market takes a tumble. Alas, it appears that Ritz Camera will be one of the first victims in 2009.

On Monday, February 23, Ritz Camera announced that it had filed for Chapter 11 bankruptcy protection. This announcement will send ripples across the imaging industry. With almost 800 stores, Ritz Camera is the largest photo specialty retailer in the U.S. The company blames the recession and consumers’ shift to digital photography for part of its losses. Ritz is seeking court permission to obtain $85 million of financing to keep operating while it restructures, and it hopes it may eventually emerge from Chapter 11. We wish them the best of luck.

Read more »

2016 InfoTrends, Inc.

WordPress Appliance - Powered by TurnKey Linux