Lowe's

Retailers see Smaller Outlets as the Next Big Thing
February 29, 2012

Bigger is not always better. Just ask the biggest retailers in the country - and their customers.

To Neng Yang, the Best Buy store in Independence, Mo., is just too overwhelming - so much so that she only shops there once a year, at the holidays. So when she needed a new cellphone, she bypassed the 55,000-square-foot store with its many departments - appliances, big-screen TVs, computers, cameras, car audio, video and music. Instead, she stopped across the street at the Best Buy Mobile store.

The slimmed-down 850-square-foot sister store concentrates only on mobile

Survival of the Fittest
June 1, 2003

PARA Improves on Natural Selection with "Survival of the Fittest" By David Dritsas Uncertain economic times have a tendency to spur references to Darwin's theories of evolution. But these references are often framed in negative terms, and miss evolution's most basic premise, which is that "survival of the fittest" is based on positive adaptation. If any business is susceptible to the elements of change, it is retailing, so perhaps it's no surprise that this year's Professional Audio/Video Retailers Association (PARA) conference, held in climate-friendly Miami, Florida, preached the mantra of Darwin. While trimming costs and operational expenses are helpful retailing strategies, the