Industry Eye: Prospecting - Target, Staples, Wizards of the Coast
Pop-up Stores Attract New Shoppers for Target
Looking to acquire customers in urban areas where it lacked retail presences, U.S. discount chain Target opened temporary pop-up stores in New York City; Washington, D.C.; and San Francisco amid the holiday rush.
Open for three days only (Dec. 11-13), the temporary locations offered scaled-down merchandise assortments of just 50 products, but the assortments included limited-edition items and holiday fare. The pop-up stores were staffed by employees from the company's headquarters in Minneapolis and local stores from around the three regions.
The pop-up stores helped Target penetrate underserved markets while at the same time drum up holiday sales. And in the case of the New York store, it provided a glimpse into a future marketplace: Target plans to open its first Manhattan location this year.
"The pop-up store has been an overwhelmingly successful marketing strategy," said Joshua Thomas, a Target spokesman, in a company release. "It's not uncommon at all for products that we feature in our pop-up stores to sell out entirely." —Joe Keenan
Staples' Goal-Setting Program Brings Retailer Prospects
Prospects are a byproduct of a program Staples launched in January to help small businesses set, track and achieve professional goals in 2010.
The Staples stickK to it! program, which is scheduled to run until April 12, was launched in partnership with stickK.com, a website that offers members the opportunity, through "commitment contracts," to show themselves and others the value they put on achieving their goals.
Small business pros can log on to www.staples.com/goals and sign up for the program. Then, they can select professional goals they'd like to achieve; track progress; and earn EasyPoints redeemable for Staples merchandise ?and services.
Staples is promoting the campaign via a union with America's Small Business Development Centers, a network of 1,000 business centers that help 1 million small businesses each year.