Word: retailing
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...Draft Project Impact Report anticipates that the first floor will include 6,000 square feet of retail space, a conference room, an atrium, an outdoor space that may be turned into an eating space if one of the retail spaces is rented out to a restaurant or cafe, and a daycare center that will accommodate around 70 children. Ten to 15 percent of the children will come from the community, and the rest will be children of Harvard affiliates...
...removing invasive noises or rescoring unappealing music. It seems simple, but while many businesses have mastered the art of influencing shoppers through sight (with alluring displays) and smell (say, by piping the odor of fresh coffee throughout a store), few have focused on the smart use of sound, says retail psychologist Tim Denison of the British Retail Think Tank. But that's changing. U.S. firm Muzak used to be the butt of jokes for its bland elevator music, but it now supplies some 400,000 shops, restaurants and hotels around the world--including Gap, McDonald's and Burger King--with...
...rule seems clear for retail soundscapes: slow is good. As people's biorhythms often mirror the sounds around them, a gently meandering mix of classical music or soothing ambient noise encourages shoppers to slow down and relax. And, says Denison, an unhurried consumer is exactly what retailers want. "If customers are moving less quickly," he says, "they're more likely to engage with a product and make a purchase...
Still, even a start-up that blows up can be rewarding, so long as the risks are appropriate. Martin Lehman was 61 when he finally opened the doors to his first women's-apparel store in 1984, realizing a lifelong dream. After a long career as a retail executive ended when he lost his job in a merger, Lehman invested a quarter of his $1 million nest egg in his new venture. His business did fine, growing to six stores in six years. Then, he says, a nasty falling out with his partner forced them to sell at a loss...
...first wants to ban plastic bags in Boston's large retail stores, though the council has been debating the definition of “large retail store” since he submitted the proposal a month...