A 7,500-square-foot Office Depot?
Smaller stores are adding up for the office supply megachain and the likes of Best Buy and Whole Foods Market
. Sure they might not all follow the less-than-10,000-square-foot mold, but they are shrinking their floor plans to build out their brands and better serve their customers.
Magnus Ohlsson Retail Management, an international retail consultant company, included the idea in its retail forecast last summer, saying “Smaller stores will continue to grow as it means lower investments, closeness to market and higher sales per sqm as well as energy efficiency.”
In our industry, retail leader Lisa Sedlar’s betting on the trend on the natural foods front. Sedlar (pictured) left Oregon’s successful New Seasons to start a chain of small, convenient (see the next trend) grocery stores that lean heavily local, organic and natural.
Be on trend: Review why the big boys are moving in this direction. Likely, you, as an independent natural retailer, already fulfill these customer desires. This is the year to make sure you get your story, your message out there.