Campus bookstores at most higher education institutions are asked to increase revenues to support operations, scholarships and other campuswide needs as well as drive down prices and ratchet up services to help students.
After years of working with multiple food service vendors and local restaurants, Carnegie Mellon University brought fast-casual bakery chain Au Bon Pain to campus. The school’s first experience with a national restaurant franchise, it was a 12-month process from the brainstorming phase to opening the doors to hungry students.
There is a great need for infrastructure such as classrooms, student housing, dining and wellness facilities. Public-private partnerships (P3s) are a form of contracting between the public sector and private industry that capitalizes on the potential for private investment in a project, while sharing risk between the public and private partners.
In the pursuit of streamlined processes and reduced risk, a significant question is often overlooked: Do you want a store that reflects the personality and values of your campus or do you want a cookie-cutter corporate showroom, focused on selling products and making a profit?
Colleges now enhance game-day experiences with more luxury suites and better wireless connectivity in an effort to lure fans away from the comforts of home and to the stadium. See a slideshow here.