A recent article in Retail Wire entitled “Is omnichannel cannibalization retail’s biggest challenge?”, quotes a report by eMarketer, where they conclude: “Despite efforts to increase their online sales and beef up their omnichannel strategy to meet the needs of smartphone-toting and social-media addicted consumers, these retailers are burdened by their physical stores, which still represent a majority of their sales.”
Franchises continue to be a hot opportunity for aspiring entrepreneurs, and a recent article in QSR Magazine confirmed this, indicating that millennials’ next frontier is franchising. The same characteristics that may have annoyed parents and traditional workplaces are well suited for this group who seek “authentic brands that fit their lifestyle”.
When I turned 40, I decided I wanted to run a marathon. Kind of interesting given I had never run anything more than a mile in my life, and that was over 20 years ago. I was intrigued by the magnitude of the accomplishment and thought I would give it a try – and it changed the way I feel about planning.
For the latest news, product updates, and more direct to your inbox.