Retail Industry
Industry: Email Alert RSS FeedRetailer uses a high-end presentation to maximize sales of low-end tools. (Niche Opportunities).(Bob's Ace Hardware in Rockford, Illinois)(Brief Article)
Do-It-Yourself Retailing, June, 2003
* What started as a few tables to display entry price-point hand tools has become a full-fledged 34-foot tool bay at Bob's Ace Hardware in Rockford, Ill.
On what is dubbed "Bob's Buys," customers can peruse tools on the shelves, bins and pegboard that occupy the 4-foot-wide customized gondola.
"A lot of people have a tool table, but we've made a statement with it and gone after it aggressively," says owner Janice Westlund. "It's nor for your contractor who needs tools to use on the jobsite but for somebody who needs tools they can use a couple of times."
The tool bay, which was derived as Westlund's relationship with her import tool supplier developed over the years, has been a huge success. Though she didn't want to divulge actual figures,...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article



