{"id":41345,"date":"2019-04-18T12:12:46","date_gmt":"2019-04-18T16:12:46","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=41345"},"modified":"2019-04-18T12:12:48","modified_gmt":"2019-04-18T16:12:48","slug":"taking-a-page-out-of-report-showing-brick-and-mortar-stores-drive-sales-beekaboo-beans-opens-flagship-location","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/taking-a-page-out-of-report-showing-brick-and-mortar-stores-drive-sales-beekaboo-beans-opens-flagship-location-41345","title":{"rendered":"Taking a Page out of Report Showing Brick-and-Mortar Stores Drive Sales, Beekaboo Beans Opens Flagship Location"},"content":{"rendered":"\n<br>\n\n\n\n<figure class=\"wp-block-image\"><img fetchpriority=\"high\" decoding=\"async\" width=\"995\" height=\"556\" src=\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2019\/04\/beans-1.png\" alt=\"\" class=\"wp-image-41347\" srcset=\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2019\/04\/beans-1.png 995w, https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2019\/04\/beans-1-300x168.png 300w, https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2019\/04\/beans-1-768x429.png 768w, https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2019\/04\/beans-1-752x420.png 752w, https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2019\/04\/beans-1-640x358.png 640w, https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2019\/04\/beans-1-681x381.png 681w\" sizes=\"(max-width: 995px) 100vw, 995px\" \/><\/figure>\n\n\n\nWord on the street is that brick-and-mortar retail is dying a slow death at the hands of e-commerce, namely industry juggernaut Amazon.com (NASDAQ:AMZN). \u00a0However, recent research indicates that there indeed is value in opening a physical retail shop and that\u2019s data that Peekaboo Beans Inc. (CSE:BEAN) (OTCQB:PBBSF) is following.<br>\n\n\n\nThe Vancouver-based children&#8217;s apparel brand said Thursday that it is launching its flagship store in Tsawwassen Mills in the Greater Vancouver area as part of its omni-channel sales approach. &nbsp;The company utilizes several sales strategies currently, including a growing online presence, \u201cBean Club\u201d memberships and pop-up locations by its \u201cSocial Stylist\u201d team members.<br>\n\n\n\nAccording to <a href=\"https:\/\/www.retail-insider.com\/retail-insider\/2019\/2\/icsc-bricks-and-mortar-omnichannel-halo-effect\">a report<\/a> titled, \u201cThe Halo Effect: How Bricks Impact Clicks,\u201d by the International Council of Shopping Centers, there is a pronounced impact by opening a physical location in addition to an online sales strategy. &nbsp;The council found that overall internet traffic rises by 37% following the opening of a physical store.<br>\n\n\n\nAcross Canada, the council noted that brick-and-mortar stores drove $617 billion in receipts, or 95% of all Canadian retail sales, confirming \u201cthat the blue-chip workhorse of any retail strategy is brick-and-mortar stores.\u201d<br>\n\n\n\nPeekaboo Beans is hosting a grand opening for its new store on Sunday, April 14, 2019. &nbsp;The company announced that there would be big influencers and entertainers for the celebration, including Todd Talbot, host of Canada\u2019s HGTV show \u201cLove it or List it\u201d and a performance by Juno-nominated Bobs &amp; LoLo. <br>\n\n\n\nAlso on hand will be Buggy Baby Fitness for a demonstration on yoga for kids and adults and Erin Ireland\u2019s brand To Die For will be there with their famous snacks, as part of a day full of contest and activities.<br>\n\n\n\nWith less than half an hour in the trading day, CSE-listed shares of BEAN are trading down a penny at 14 cents. &nbsp;US-listed shares, which are typically thinly traded, are flat at 11 cents without a share changing hands today.\n\n\n\n\n\n\n\n\n","protected":false},"excerpt":{"rendered":"<p>Word on the street is that brick-and-mortar retail is dying a slow death at the hands of e-commerce, namely industry juggernaut Amazon.com (NASDAQ:AMZN). \u00a0However, recent [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":41346,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236],"tags":[717,13513],"stock_ticker":[],"class_list":["post-41345","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-nasdaqamzn","tag-peekaboo-beans-inc-csebean-otcqbpbbsf","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - 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