Instore Takes a Pounding

Knowing what your customers want is key to the success of any business.  This is particularly true for so called “pound” shops; their customers are focused on value and price. 

The importance of this is perhaps reinforced by the tale of two retailers who operate within the value market.  Poundland has gone from strength to strength, as shown in earlier blog articles, and is set to open at least 30 new stores over the next 12 months.

InStore, on the other hand decided that their customers should move upmarket - and replaced the familiar £-stretcher fascia with the less familiar InStore fascia.

Apprentice Stars Lack Entrepreneurial Spirit

Sir Alan Sugar may be about to choose his next apprentice - but he is unlikely to be impressed with the owners of the Bridge Cafe.  It is the cafe used by the losing team to lick their wounds before doing battle in the board room, but according to…