Posts Tagged ‘specialty boutiques’

Small Retailers Gift Destination, Managing Growth, Empowered Buying Communities

By | Wednesday December 8th, 2010 | 02:41 pm | Comments

Detroit retailers push to woo shoppers from malls (the detroit news)
“Small Detroit retailers are ratcheting up their efforts to compete with suburban malls, big box stores and online retailers as a destination for holiday gifts.  The shops sell the type of things you can’t get at a mall, and they are always people’s favorite gifts.”

Handbag maker Vera Bradley shows off 1st earnings since IPO  (indystar)
“The company sells through a network of some 3,300 retailers — but not with the big-box or department stores. Those “indirect” sales were up 10 percent to $59.8 million in the recent quarter.”

Small businesses expect higher sales this year, but spend cautiously on inventory, personnel and retail space (crains ny business)
“Many small businesses are hoping for a better holiday season than they saw in 2009. Holiday retail sales are expected to rise 2.3% this year, to $447.1 billion, according to the National Retail Federation. And the International Council of Shopping Centers predicts that sales could increase by as much as 3.5%.”

Neiman Marcus Inc.’s fiscal first-quarter earnings more than tripled (bloomberg)
“Revenue rose 7 percent to $927.2 million from $868.9 million, helped by better results at its specialty stores, which include Bergdorf Goodman and its namesake stores. Direct marketing revenue also improved.”

What a future tyranny of price could mean for sales and margins (advertising age)
“Is it possible that all of your consumers will bond into communities that demand discounts before they buy? How will you communicate (and differentiate) value when they’re empowered to compare and contrast offerings across product categories, not just within them?”

 

6 Really Good Reasons to Shop Independent Businesses

By | Friday November 19th, 2010 | 03:01 pm | Comments

Buy Small, Get Big: 6 Reasons You Should Support Independent Business Owners

At Noblivity, the goal is to support small brands, up-and-coming designers, and independently owned businesses. Independent and small business owners employ over 90% of workers in the US (US Small Business Advocate), and given the current economic climate, that is a statistic worth supporting.  Here are six more reasons why we all should be supporting the little guy.

- It creates our own economic stimulus plan.  Supporting independent businesses will ensure that your dollars stay in our economy, and don’t go overseas for wages for factory workers or to bonuses for international corporations.  Additionally, independently owned businesses employ workers outside their field – construction to build stores, laborers to make the goods, which has a ripple effect across the nation.  Supporting a local designer has the added benefit of returning your money to the local economy, possibly providing a job for your neighbor or friend.

- It’s greener.  Independent and local businesses don’t need to ship their goods halfway across the world to get them to you.  They don’t need to use environmentally unfriendly transportation – chances are they might be around the corner from you.  Consumer culture gets a bad rap a lot of the time.  If you like to shop, sometimes you can be made to feel like you are personally wasting our natural resources.  Supporting independent shops has the opposite effect.  Small businesses tend to use local, renewable resources, which helps all of us live more in sync with our environment.

- Support American ingenuity.  The American dream of “you can be anything you want to be” can seem out of reach for corporate drones working for a boss they never see.  Independent businesses support the spirit and creativity that made our country great.  When someone loves their job, the quality of work shines through.  Purchasing a lovingly made, high quality item means you won’t be replacing it next year when the strap has broken off or the material is shredding – which leads back to our previous point about living greener.  On top of that, if you support local businesses, you’ll never have to worry about having the same purse, or dress, or shoes as someone else, everything you own will be unique!

- Diversity is the spice of life.  Ever notice that the “big box” stores always seem to cater to the lowest common denominator?  If you’d like a specialty item, good luck finding it in a chain store.  Independent businesses understand the needs of their target customers and aren’t concerned with pandering to all consumers as a whole.  Independent businesses can also be more free to voice dissenting opinions than a large corporation.  Diversity of opinions brings about more acceptance and tolerance – who would suspect that shopping can bring about social change?

- Monopolies are illegal for a reason.  When one company controls the production and sale of products from make-up to car parts, they can also control what they charge.  But when there is competition, there are also competitive prices.  That makes independent businesses the backbone of capitalism.  And just as in nature diversity means there is a species for each niche, businesses can start to find their own niches – which means better products for everyone.

- Invest in future generations.  So many wealthy families earned their money because a parent or grandparent owned their own business, worked grueling hours, and fought to become a mainstay in the American economy.  If independently owned businesses go the way of the dodo and tasmanian wolf, who will become the leaders and investors for our children and grandchildren?  International corporations say that they create jobs, but they also create a vicious cycle of the working poor who can never afford to educate their children.

Jillian Gile is a guest blogger for Pounding the Pavement and a writer on the subject of technical schools  for the Guide to Career Education.

Independent Retailers Seeking the Right Vendor Partnerships?

By | Wednesday August 11th, 2010 | 08:11 pm | Comments

MATCH! Whether it’s The Bachelor, The Bachelorette (seriously?), or match.com we all are suckers for a good love story.

The same is true for relationships developed between a specialty store and their search for the perfect designer and small brand. Retailers spend countless hours and expense seeking the right vendor partnerships – those able to differentiate their store, and make hearts race as the Brown Truck Guy pulls in front of the shop to deliver goods intended to make customers swoon. Sure, the Brown Truck Guy (Gal?) himself may have the same effect, but there is nothing better than opening the first Fall delivery shipped from a favorite emerging brand, and spending the rest of the day re-merchandising the floor with fabulous new finds.

In the spirit of facilitating a strong MATCH! we have begun development on a powerful feature to bring specialty retailers and small brands together faster and more efficiently than most buyers can do on their own. Our goal is to enable or enhance small brand discovery and facilitate exchanges between participants. Using profile data, we generate an extensive world-wide search for brands that match boutique preferences.

Think of preferences as a type of wish list: highly desired brand characteristics, practices and/or attributes that make for an ideal fit for a retailer. A match occurs when a brand meets some number of wish list items. A list of recommended brands, with links to catalogs, is posted to the store’s ‘super cool’ dashboard and emails are generated based on communication preferences. A match made in heaven? We hope so!

We will always strive to design and build features that make the process of finding new and exciting brands easier than ever before, leaving you time to design, create and provide an optimal product or shopping experience for your customers.

As a young girl working at a small speciality shop in Rochester, Michigan I witnessed first hand the power of strong boutique-to-brand relationships. Our customers couldn’t wait (or resist!) the day a particular favorite brand arrived in the store. The buzz thrilled as phones and registers sang throughout the day.

One of the store owners now lives happily ever after with an employee of this brand. MATCH! Red rose delivered.


About Us
Noblivity.com is an innovative marketplace  connecting specialty stores  with small brands enabling rapid discovery, direct access and seamless transactions.

2010 Noblivity MarketPlace Update

By | Monday July 5th, 2010 | 05:43 pm | Comments

We have been in stealth mode working on the new MarketPlace features that are part of our 2010 enhancements and we’re almost ready…

Our team is very excited and looking forward to the next few days when we will introduce the first of many releases.

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