Expand a Competitive Moat in Retail by Closing on Sundays?

Expand a Competitive Moat in Retail by Closing on Sundays?

On the surface, the idea of sacrificing fourteen percent, or one-seventh, of a retail store’s potential selling hours seems absurd enough. To do so on a day of the week when most consumers have a day off seems to be even more damaging for the prospects of a retail business. Customers want to purchase goods and services at times that are convenient for them. Many business models revolve around catering to the consumer and this often includes long hours particularly on weekends. Read this article for a couple of examples of cases where a closed on Sunday policy has been successfully implemented.

X

Forgot Password?

Join Us

Password Reset
Please enter your e-mail address. You will receive a new password via e-mail.