Posts Tagged ‘spending money’

Fastest growing retailers

Posted on: August 11th, 2014 by

Whole Foods MarketFollowing the recession, retailers are growing once again and, increasingly, moving online. In the first quarter of 2014, retail sales were 2.4% higher than the same time the year before, largely helped by a 15% jump in e-commerce sales. Online retail is increasingly accounting for more and more of America’s shopping.

Yet not all retailers have adapted to a market where many Americans have less disposable income, and are increasingly choosing to shop online. Other companies, in turn, have become enormously successful by embracing these changes. Based on figures from the National Retail Federation’s (NRF) STORES magazine, compiled by Kantar Retail, 24/7 Wall St. identified America’s Fastest-Growing Retailers.

In 2013,’s U.S. sales rose by 27%, the most of any retailer. For some retailers, such as Tractor Supply Co., part of its continued growth comes from the fact that they sell products simply cannot, such as farm equipment and livestock.

Many other retailers have also moved online, embracing a more-targeted approach in order to set themselves apart from the competition. Bryan Gildenberg, chief knowledge officer at Kantar Retail, told 24/7 Wall St. that this kind of personalized approach, “makes buying much more enjoyable and finding what you want much quicker.”

Some retailers have benefited from the financial struggles facing many Americans. This includes Family Dollar, which targets low income shoppers and had 11% growth in sales in 2013. Others, such as Sherwin Williams, have benefited from more positive developments in the economy. An improving housing market helped the company’s sales rise by 18% last year.

And while many growing retailers are deeply impacted by changes in the economy, others are benefiting from evolving customer tastes. Both Whole Foods and Apple are among the fastest-growing retailers in America, and both have very strong brands aligned with changing consumer spending. Whole Foods’ commitment to organic food and Apple’s exceptional mobile product quality both resonate strongly with customers, who are often willing to pay more for these items.

While many of the fastest-growing retailers have different customers and products, they also have a great deal in common. Gildenberg noted that many retailers aimed “most of [their] energy at the middle of the market.” However, he added that, recently, growth has generally been stronger among companies that target a specific segment of the population.

For example, he noted that Whole Foods and Family Dollar are much more similar than they might look at first glance. “They both target segments of the population that general mass retail, for whatever reason, doesn’t serve as well.”

The addition of new stores can also play an important role in driving sales growth. Excluding Amazon, which is exclusively online, all but one of the fastest-growing retailers increased their U.S. store count in 2013. The one retailer that did not do so, AT&T, has heavily invested in new store designs and has opened or renovated a number of locations. Gildenberg noted that store growth is currently quite strong among more specialized retailers with unique store concepts.

To identify America’s 10 fastest-growing retailers, 24/7 Wall St. reviewed STORES’ Top 100 Retailers report. The report is based on Kantar Retail’s estimates for companies’ retail-only sales, and includes the 100 largest companies by this measure, as well as their estimated number of stores. The companies on our list had the largest percentage gains in U.S. retail sales between 2012 and 2013. Sales figures listed do not include third-party sales. We also excluded Albertson’s and Ascena Retail Group from our list. These companies had retail revenue gains that were largely driven by transformative mergers and acquisitions.

What you should buy in bulk

Posted on: June 21st, 2011 by

Buy in BulkExtreme couponing has brought buying in bulk to a whole new level.  Yes, these people are saving a lot of money, but at what cost?  Time, sanity?  For the average person, when it comes to buying in bulk, savings can be hit or miss.  Stocking up on the wrong things can lead to waste and spoilage.  However, if you pick up the right items and find the right coupons for these purchases, bulk buying can save you a small fortune.  Here are ten items you should buy in bulk whenever possible.

1. Toilet Paper

We all need toilet paper and it doesn’t go bad.  So why not buy it in bulk?  Buying in bulk can be up to 50 percent cheaper than just buying a few rolls at a time.  So find a place to store some extra (like under your bed or furniture with storage in it) and save yourself a few bucks.

2. Soap and Shampoo

Soap and shampoo are two more things everyone needs.  Buying these items in bulk saves a few cents an ounce on shampoo or per bar of soap.  While this may not seem like very much, over time it definitely adds up.

3. Alcohol

Would you rather pay $8 for a 6-pack or $14 for 20-pack?  Definitely go with the 20-pack so you can save some money and don’t have to hit up the beer store the next time you want a beer (and also save money on gas because you will be making fewer trips to the store).

4. Office Supplies

Next time you need office supplies such as pens, folders, or staples, be sure to buy them in bulk.  Doing this can save you up to 50 percent off the price you would have paid if you didn’t buy in bulk.

5. Toothbrushes/Toothpaste

If you practice good dental hygiene, you purchase toothbrushes and toothpaste every so often.  You could either buy two toothbrushes for $8 or six for $14. Similarly, you could buy a tube of toothpaste for $5 or get three for $10.

6. Vitamins

Spending money in the name of health is always a good idea.  You can save a few cents per pill by buying in bulk.  Again, this may not seem like very much, but over time the savings add up.

7. Non-Perishable

Food items when it comes to buying food items that will not perish quickly, such cereal, tuna, or soft drinks, opt to buy in bulk.  Doing so is 30 percent cheaper than just buying one box, can, or drink at a time.

8. Blank CDs and DVDs

Next time you want to burn a CD or make a DVD, buy in bulk.  Sure, you may end up with enough blank CDs or DVDs to last you the rest of your life, but you will save 25 percent off the price you would have paid had you not bought in bulk.

9. Detergent

Everyone does laundry, and there is no way to get around it.  By spending a little more to get a huge tub of detergent instead of a smaller one, you can save up to 17 cents a load.