The department store business model isn’t quite working in our current retail environment, so two of the country’s larger chains are thinking about taking on some roommates to help pay the bills. Both Kohl’s and Macy’s plan to do business in a smaller part of their existing stores if someone will rent them. [More]
While McDonald’s doesn’t own the majority of its restaurants, it does own tens of billions of dollars’ worth of the real estate where those restaurants operate, leasing them to franchisees. That’s a valuable asset, and the company is facing pressure from some investors to spin off its land and buildings into a separate, publicly traded McDonaldland. I mean, real estate investment trust. Which they should name McDonaldland. [More]
The manufacturers of home inkjet printers have to make a profit somehow, and most companies choose the classic model of selling printers for a low price that gobble ink cartridges, which happen to also be sold by the manufacturer. Now Epson is introducing a new line of printers in the United States that costs more, but comes with refillable cartridges and enough ink to last for three years. Will American consumers be interested? [More]
Food trucks aren’t just for cleverly named cupcakes. Indiana University has launched “Garden On The Go,” an initiative to send trucks full of fruits and vegetables for sale to Indiana’s “food deserts.” These are places where people are poor and markets with fresh veggies are frequently more than a mile away. Normally, these folks often have to get their food from gas stations, convenience stores, and restaurants.