Sunday, 17 February 2019

Heard Under The Sheds – 17/2/2019


A larger lady asked a trader what material his hat was made of. He said “leather”. She said “If that is leather, I’m a ballerina”. His hat was, and she wasn’t.

A trader commented that the invitation for traders in last week's Heard Under The Sheds to participate in a joint purchase of printed paper carry bags was great for a number of reasons. But the significant one for him was showing that traders can work together for the common good. Michael is the trader doing the liaison with the manufacturer and he makes nothing out of the deal. If you want to get a good rate on recyclable printed paper bags direct from China, call Michael on 0411700727 or email leather@dorys.com.au

Another trader tells us he has taken up the suggestion to buy plain paper carry bags from O’Kelly in Dandenong and is paying around 41.5 cents plus GST for large carry bags with a twist handle and around 24 cents plus GST for medium size bags (355*240*120mm).

According to one trader there is a positive to the really quiet trading days at the moment. He has found that on some days he doesn’t have to count the cash because he can remember every sale. Hmm… not so positive.

Thanks to the trader who sent us this photo of heritage inspection works on our sheds getting underway during the week.

A trader said he was amazed at how much impact a few buses of tourists up on Peel St. can have on market sales. Apparently this occurred on Thursday.

A customer praised the service from some of our traders last week. He mentioned Leo giving him great advice on a cigarette lighter, Tim helping him out with repairs to a silver chain and Alex making him a special belt. A big tick to all those traders from a happy customer who obviously spent a bit of money at our market.

A rain free Wednesday night apparently helped improved sales at the Night Market this week.

February is often a time for reflection by traders and we hear a number of stories including a possible move overseas for one trader, the sale of one of our clothing businesses, and a couple of long term traders seriously considering their future at QVM.

Have Your Say – click here.

Latest Retail News – 17/02/2019


Latest Retail News – 17/02/2019
1. H&M says profit decline due investments in online.
2. Administrators of Napoleon Perdis say 27 stores “unnecessary”.
3. Online retail sales dip in December after strong November.
4. Australian wine sales exceeded production in 2018.
5. December retail sales failed to meet expectations.
6. Nick Scali reports record half year profit.
7. US retail sales expected slower in 2019.
8. Amazon patents parcel delivery via public bus and train.
9. J.C.Penney to exit home appliance business.
10. US supermarket giant, Kroger, increases its range of 15 minute meals.
11. David Jones CEO resigns.
12. Menswear retailer, Ed Harry, to close for good.
13. JB HiFi profit up 5.5% in first half
14. Low business and consumer confidence expected to get worse.
15. Victoria looks to eradicate use of plastic bags by end 2019.
16. Nestle introduces Starbucks range for home consumption.
17. Baby Bunting lifts sales.

How To Get A Container In String Bean Alley



The extra 12 containers for String Bean Alley have been eagerly awaited and EOIs (Expressions of Interest) are now open.

A number of traders have already expressed interest in getting a roller door although the competition will be tough particularly as the opportunity to participate has been spread beyond current market traders. The new trading places in SBA have been advertised broadly on social media.

Perhaps the best advice to traders is to carefully read the Trader Information Pack (click to access). The overarching vision for String Bean Alley is for a community of stallholders that will provide products and services that:
• Are locally designed, sourced and produced;
• Are customised, bespoke and/or personalised elements to the product offer or service;
• Are a specialist range with a stand out point of difference; and
• Have an interesting story behind the product, brand and/or service.

The Trader Information Pack goes into more detail about what those ingredients mean and ticking as many boxes as possible will assist your application. Remember to think outside the square. If you can come up with something special, something that is likely to excite customers, and add a new element to QVM’s overall offer, you increase your chances of success.

It may also be a good idea to talk to current SBA Traders, check out the current container facilities, and actually draw up plans of how things might look in your proposal. SBA Trader Greg Smith can be contacted in Container 2 or on 0406222020 if you need trader assistance.


Sunday, 10 February 2019

Heard Under The Sheds – 10/2/2019



A rather distressed customer told a trader that her first visit to QVM had been spoilt by ill-mannered or disinterested traders. She couldn’t work out why she had received such dismissive behaviour. Fortunately the trader telling us the story had shown genuine concern for her plight and explained that sometimes traders are distracted by other things (like really poor trading). The customer left with at least one trader showing understanding and giving the customer the attention and consideration that every customer deserves.

On a similar vein, a trader tells the story of a customer who acted a little strangely as he entered his stall. He was one of those outspoken customers who likes to make a scene, dresses a little eccentrically, and made some pretty outlandish claims about the important things he has done in life. He selected 4 of this trader’s more expensive items and asked if they could be packed while he went off to look at some neighbouring stalls. The trader didn’t expect to see him again but packed the goods anyway. Half an hour later the customer returned, apologised for the delay while he found an ATM, and handed over cash for the goods. Our trader was left happy and a little ashamed that he had jumped to conclusions about this customer’s intent. You can never tell.

This is a picture of a horse. Not just any horse because it travels greater distances around our market in a day than almost any other person or animal (or toy). The horse is attached to Guru Pete’s cleaning trolley and Pete believes it has been there for more than 15, and possibly 20, years. It was a gift from Kevin & Annette who used to sell soft toys in the market. Kevin and Annette still visit the market regularly for their food shopping.

Trader Co-op. With all this emphasis on recyclable packaging, one of our traders has come up with a bulk buying option for printed paper carry bags direct from China. By dealing direct with a Chinese manufacturer, and combining multiple orders, he is able to minimise freight costs and keep the overall cost down. Michael already has a number of traders interested and if you would like to join this co-operative effort, give him a call on 0411700727 or email leather@dorys.com.au . Michael used to be in the packaging business so he knows his stuff.

Bigass– no, we are not being derogatory. This is one of the brand names for huge industrial fans that may be very useful under our super hot tin roofs. A trader sent us this photo of a giant fan at a local basketball pavilion. He said the cooling effect was quite impressive.

A trader says she is amazed at the number of overseas customers who return to our market. One of her lines is a key tourist product and customers from US or Europe return to her stall on each visit which may be yearly or every few years. It is great that she gets repeat business and of course great that these customers keep QVM on their list of must visit places.


No Taj Mahal, but the improvements to the toilet block at the top of String Bean Alley got a few thumbs up this week. A good clean-up, a coat of paint and replacing a few fittings has certainly improved the appearance.


Marketing Slogan - A Trader Suggestion

Given the impersonal nature of much of today's retailing, this slogan came up in discussion amongst traders. Together with the photo we think it has merit.

Shopping Is Personal At QVM




Changing Retail



Here are a few stories that illustrate the dramatic changes going on in retail right now and there may be some pointers for QVM traders.

Self Driving Grocery Shops - With this new Boston service a robo delivery van pulls up outside your door , you unlock the doors with a pre-arranged code and you choose your groceries. We are mainly thinking essentials here like bread, milk, eggs, fresh vegetables and fruit.

Trader Joes End Grocery Deliveries – yes, this is a non-change because US grocery chain, Trader Joes, has decided to end its grocery delivery service in New York, citing high costs and economical alternatives as key reasons. Trader Joes introduced their delivery service when they had just one Manhattan store. Now they have seven so customers are better serviced and they have many alternative independent delivery services to use.

Ikea Moves Into Abandoned High Street Shops in London, Paris & New York – as furniture retailers and others move out of high streets, Ikea is taking up the space for a magical furniture display, where there are no tills, and no sales made, except those made on line.

Some Product Categories Are Purchased In Big Quantities Online But Not Food – Why?

QVM In The News - 10/2/2019



As customers jostle and shop owners holler on a busy Sunday at Queen Victoria Market in Melbourne, Davide Alberti is up to his elbows in dirty trays ...
The $3m cost of council's failed bid to redevelop Queen Victoria Market ... failed bid to push through its redevelopment of Queen Victoria Market.

Sunday, 3 February 2019

Heard Under The Sheds - 3/2/2019



String Bean Alley reassessment. Now that 12 additional containers are coming to SBA we can expect a reassessment of rents and trading hours. Five day trading is on the cards and new rents will reflect that. Apparently discussions have started with current SBA traders and Expressions Of Interest for new containers are expected to follow.

Ups and downs of trading - some record breaking stories have come out this week, although they are usually the sort of records you don’t want to break. But with a positive spin, two traders have reported that their sales on super hot Sunday had exceeded their Night Market sales before lunchtime. Another had almost reached his total takings for Thursday, Friday, Saturday before noon on Sunday.

A few traders are pleased to see the follow through on complaints about the temporary toilets at the top of SBA. This week’s trader bulletin noted that works are to commence on the block from Monday 4th February.

Graffiti - after the nightclub on Queen St. closed the graffiti count around our market dropped but recently it has shown a resurgence with two instances appearing overnight Saturday. Guru Pete has had to call in the specialists. Graffiti is a bit beyond bucket and mop.

A trader has noticed that the weather station in K Shed has disappeared. The equipment was to record weather variations in K Shed as part of a study of trader/customer comfort levels. He suggested that perhaps it had melted away.

Traders getting together – a trader has suggested that once String Bean Alley is complete, it would be a good opportunity for tenants to get together and start creating some marketing impetus of their own.

Consolidation of stalls – apparently management are seriously looking at the issue (see “Its Time” article ) but rather than wholesale changes to our aisles they are looking at vacant areas such as in A Shed and C Shed that might be roped off for other purposes.

A couple of traders have expressed concern about the current pressures on traders. With January/February takings apparently reaching an all time low, some traders may be entering a danger zone of monetary and emotional stress. Maybe a good time to ask “Are You OK?” There are options for traders including consulting with Small Business Mentors - Call or email Katya at the Trader Lounge to discuss further, via 1300 631 171 or qvm@sbms.org.au




Articles Worth A Read - 3/2/2019


This business buys from department stores and sells through Amazon https://finance.yahoo.com/news/this-millennials-company-makes-millions-buying-from-walmart-and-reselling-on-amazon-151213013.html

Challenging practices based on old standardshttps://www.linkedin.com/pulse/what-standard-youre-copying-exactly-holding-you-back-brendan-richards/

Physical retailing will not die https://www.thedrum.com/news/2019/01/30/physical-retail-not-going-die-says-wlt-group-ceo-david-kassler





Latest Retail News – 3/2/2019


Latest Retail News – 3/2/2019
1. The gap between Coles and Woolworths narrows as Coles gathers pace.
2. Sportswear company, Skins, files for bankruptcy.
3. Chinese tourists spend more on retail shopping than any other travel expense.
4. Kogan share price up after strong Christmas.
5. Vicinity Centres property portfolio lost value over recent 6 month revue although Chadstone and DFO’s up.
6. Myer could lose Nike concessions.
7. Amazon planning its own delivery network.
8. Coles trials Uber Eats meal delivery service.
9. Food is the new fashion in Gold Coast Shopping Centres.
10. Chinese retail activity expected to exceed that of the US by end of year.
11. Walmart withdraws from Google Shopping Service.
12. Online furniture and homewares retailer, Temple & Webster, posts first profit.
13. Luxury retailer, LVMH, reports 21% jump in profit.
14. Insect food products expected in Australian supermarkets this year.
15. Napoleon Perdis blames landlords, banks, and online retailing for collapse of his cosmetics empire.

This Night Market Shot Is Revealing


The photo above was taken from a very popular spot in String Bean Alley during this Wednesday's Night Market. 
The rain induced reflections added a new dimension to the shot as does the eerie glow behind the tall buildings. That was caused by lightning strikes near the city.

The photo tells us something else because normally crowds would block the reflections on the ground but this was a small crowd and it showed in trader's takings. A rather severe rain storm on the cusp of opening (5pm) and the first week of kids back to school probably had something to do with that.