Word: retailing
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Taking what he calls "the McRub approach," the hyperkinetic Zanker merged the retail concept with the massage-notions business to create a chain that sells fast, convenient--and fully clothed--massages and massage gadgets. Last February Zanker raised $6.2 million in a public offering. Today there are 15 branches in New York City, Chicago and Denver. Forty more branches are set to open mainly through franchises in eight new markets. Says he: "I see it as the Starbucks of the year 2000. We could put one every two to three blocks." Now you know why he's an entrepreneur...
...will also open its first retail store-front in Holyoke Center on Jan. 2. The store will contain the Let's Go Travel Agency, the linen agency and the Campus Store
...lower price, you might want to consider You Don't Know Jack, a popular and addictive trivia game for Macs and Windows PCs. It's a Jeopardy-like computer game with irreverent questions and an attitude, and it's already a best-seller. Plus, at only $19.95 retail, it won't set you back much...
...anyone is truly threatened by the rise of the Web, it's the record labels' longtime partners, the retail chains. Right now Web fans still have to make do with tinny RealAudio sound clips. There is no technological barrier, however, to downloading entire albums, in pristine digital quality, onto blank CDs--a prospect the Sam Goody stores of the world view with dread. But that's the way it has always been with rock 'n' roll. One person's dream is another's nightmare...
...Star Wars demonstrated that revenues from film-related action figures, magnets and whatnot could rival a movie's ticket sales--and in at least two cases, Batman and Jurassic Park, even surpass box-office revenues. Some estimates place the overall movie tie-in business at $10 billion annually in retail sales worldwide. Entertainment executives make no bones about merchandising's importance. "It's something we all live with every day of our lives," says Richard Cook, chairman of Disney's motion picture group. Time Warner chairman, Gerald Levin, was perhaps excessively frank when he recently talked up Warner Bros...