Subject:
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Re: Target Exclusive Trains On Clearance
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Newsgroups:
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lugnet.market.theory
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Date:
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Fri, 13 Dec 2002 17:09:38 GMT
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Viewed:
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1637 times
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"Bryan Kinkel" <helpdesk@loseyourmind.com> wrote in message
news:H72H60.4C5@lugnet.com...
> I believe, that in general, if a new product does not move in a few weeks,
> Target will blow it out.
>
> I think this is a great strategy by Target. I'm no retail expert, but I
> think selling a slow moving item at a cut price and getting fresh stock on
> the shelves will generate more revenue rather than clogging the shelves • with
> the slow movers and management hoping the items eventually sell.
> (<cough>TRU<cough>).
>
> Whenver I go to Target, the shelves are about as immaculate as can be. And
> there is usually a relatively low number of items on the shelf. The number
> of items allowed on the shelf seems to vary by department. For example,
> there is always tons of toothpaste and other personal car products on
> display. You always need those.
[ ... snipped ... ]
I have to agree with you here. One thing about this hobby, you get to learn
the habits of some of the big retailers. TRU, Wal-Mart, Target, and K-Mart
all seem to have very different philosophies about retail.
Target as a company, seems to be the most aggressive about moving product
out the door. It seems to me that they would rather it go out the door at a
lower price than deal with moving it around (shelving and reshelving). Once
they decide they don't want something - they get it out of the store in a
hurry freeing their shelf space up for something else. Wal-Mart does this
to a lesser extent, K-Mart rarely and TRU almost never. Wal-Mart and K-Mart
seem to do it on a store by store basis (e.g. my Wal-Mart still stocks Yoda
a full price while other Wal-Mart stores have put them on clearance).
Just my observations from hunting for LEGO bargains!
Mike
--
Mike Walsh - mike_walsh at mindspring.com
http://www.ncltc.cc - North Carolina LEGO Train Club
http://www.carolinatrainbuilders.com - Carolina Train Builders
http://www.bricklink.com/store.asp?p=mpw - CTB/Brick Depot
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Message has 1 Reply:
 | | Re: Target Exclusive Trains On Clearance
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| (...) Good observations. And if I may be so bold as to connect the dots further... of those 4 retailers, who seems to be doing the best overall and who the worst? (strangely enough, both Target and TRU outsource a lot of their web presence to (...) (22 years ago, 13-Dec-02, to lugnet.market.theory)
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Message is in Reply To:
| | Re: Target Exclusive Trains On Clearance
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| I believe, that in general, if a new product does not move in a few weeks, Target will blow it out. I think this is a great strategy by Target. I'm no retail expert, but I think selling a slow moving item at a cut price and getting fresh stock on (...) (22 years ago, 13-Dec-02, to lugnet.market.theory)
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