When an institution considers outsourcing its campus bookstore, it’s critical to add up all the related costs and gain a firm understanding of how sales commissions will be calculated in order to accurately compare contract-management proposals and benefits.
Even though your campus store is running in the black—thanks to a great staff and well-oiled operating procedures—a closer look might reveal telltale clues that changes are in order. Here are four indicators that can provide a reality check for your store.
Campus Stores Leave the LeaseA number of institutions are choosing to take control of their campus stores again, transitioning from lease back to self-operation to respond to student and faculty needs and strengthen their school’s brand identity.
As administrators seek solutions to encourage retention and improve student success, many are recognizing the influential role played by the campus store in helping to achieve those goals.