1: INDUSTRY OVERVIEW: DEPARTMENT STORES
Department stores are large retail outlets that contain numerous individual shops, providing a wide range of product lines. Department stores most oftentimes consist of the following product categories:
1) Food
2) Cosmetics
3) Shoes and Accessories
4) Clothing
5) Interior Décor
6) Restaurants
Depending on the type of department store, department stores can offer a much wider range of products, including furniture, toys, electronics, books, etc.
Department stores come in a wide range of qualities and prices. There are such things as “high-end department stores”, which would focus purely on offering high-profile brands and products, while there are more mass-market targeting department stores, which are more likely to include a wider range of products, including practical household products.
That said, department stores will oftentimes try to cater to specific types of market segments. Particularly in the case of department stores in large cities, each department store will try to position itself differently from its direct and nearby competitors: some will try to cater to younger generations, while some will try to cater to the older generations. Some will try to cater to those interested in mainstream brands, while others will focus more on boutique, independent brands.
In the US, the department store industry includes approximately 20 companies operating roughly 3,500 stores. Major department stores in the US include: Sears, JCPenney, Macy’s, and Dillard’s. The industry earns an annual revenue of around $60 billion USD, 95% of which is earned by the largest 8 companies in the industry.
Some links about the industry:
http://en.wikipedia.org/wiki/Department_store
http://vspages.com/mall-vs-department-store-5580/
http://en.wikipedia.org/wiki/Shopping_mall
http://www.hoovers.com/industry/department-stores/1529-1.html
SPACE
2a: Implicit or Explicit?
From the department store owner’s standpoint, I would say that space is often sold explicitly, as they would charge the tenants per the size of the lease space. On the other hand, for stalls or booths set up in more open areas of the department store, space may be considered more implicit, as these spaces may be sold with less correlation to the exact size of the space.
2b: Ways of Splitting Space
Department stores have different types of spaces within the building that cater to their customers. The most typical type is the space split by fixed walls into one unit, and can usually be shut off or closed by a door or a shutter. These spaces cannot easily be adjusted in terms of size and layout without investment of significant time and money. These fixed spaces are generally leased out to a specific brand or company, such as Zara, Coach, Burberry, etc.
Then there is the semi-fixed space, such as the department store areas dedicated to selling cosmetics or shoes. These are oftentimes open areas in which a specific brand or merchandising line take up certain spaces, but are not divided up by physical walls or entryways. These areas are much more flexible in terms of changing the products being handled, given that one area can easily be changed to carry one brand/line from another; however, certain fixtures used for the displays will be fixed, and hence less flexible to change from a layout perspective.
There is also open space, in which temporary booths or stalls are built to sell a smaller line of products or services.
Different from other uses of store space is the use of space to purely focus on selling experiential services. For department stores, the focus generally remains on selling physical products. However, there are rare instances when space is allocated to selling services—one case being when department stores are attached to movie theaters.
2c: Creating Additional Revenue
One of the most standard ways for department stores to create additional revenue is by holding major seasonal sales. Because the product life cycle of clothes tends to be fairly short, many stores have inventory left over by the time they have to replace old products with new products. Having a highly publicized sale allows for these leftover products to be sold, be it at a lower price than its retail value.
One key to making people spend more money is to convince people to stay out shopping longer. A way to
do this is to provide adequate opportunity for people to take a break from shopping and rest. Many department stores provide these venues by creating food courts—or in high-end places by providing patisseries or coffee shops at which people can recharge before going back to shop some more.
I also think one of the more creative ways in which department stores have used their space to create additional revenue is through creative use of its open space. Another approach department stores can use to bring people to their stores is to provide an additional incentive to go to that location. A common approach used to achieve this in the U.S. has been to create playgrounds in the open areas of the department stores. This service often incentivizes families to go to a department store, simply because it allows an opportunity for their children to play.
One more approach commonly used in Japanese department stores to bring more people to the site is to host certain “festivals” or special events in their open space. For example, department stores would often host weekly “mini fairs” on either the ground floor or the top floor, in which one area of the department store would be devoted to hosting jewelry/clothes/food from brands and shops that usually were not represented at the department store. The content would be changed frequently, and the department store would often be able to bring new people into the store by publicizing new, limited-time genres of offerings at their store.
2d: Potential New Ways of Splitting Space
There are several different directions department stores could potentially go in terms of splitting space differently. One direction would be to use space to create more personalized services to customers. Many of the spaces in department stores are “public”, but allocating a portion of space at high-end stores to allow for “private” space may allow for varying experiences for customers. Customers would be charged a premium for making use of these private spaces.
Another potential use may be to make the spaces more flexible. Instead of sticking with a model that leans heavily toward having “fixed” spaces, changing to a model in which it would be much simpler, cheaper, and quicker to change tenants may be an attractive approach for department stores that are pursuing a more trendy, up-to-date feel.
3: TIME
3a: Implicit or Explicit?
Department stores generally sell time implicitly: this is because the product being sold generally isn’t associated with a particular time limit. For example, it is not like a massage, where you are buying 60 minutes worth of service. The transaction is associated with a physical product unattached to time.
3c: Selling Time Explicitly
Time is currently being sold explicitly at certain department stores, although these cases are generally not a reflection of its overall business model. For example, some department stores may include shops that offer time-explicit services. Some department stores have massage shops, which are time-based service sales.
As another example, some department stores in Japan have small football fields on their rooftops, which people can rent out on an hourly basis.
(http://www.futaba-sp.com/omiya/2010/03/post-23.html)
Some department stores also include game centers for children—some of these entertainment options include machines that run for a set period of time per game.
Department stores will often have restaurants on one of their floors. These restaurants can often choose to set time limits to each group of customers (ex. 2hr limit) to be able to take in more customers during peak times.
(http://www.mitokeisei.co.jp/shop/10_skygarden/11keizan.html)
3d: Creative Things to do with Time
There are a couple things that could be done creatively with time—some of which may already be being done to varying lengths at department stores. One might be to offer some sort of benefit if a certain amount of time is spent within the department store. For example, if a customer was to receive certain benefits if they stayed for 5 hours at a department store on an off-peak day, this could incentivize customers to spend more money during their wait time, and this could also help to improve the image of the department store by maintaining more customers.
Another thing they might potentially consider doing is to include shops that provide rental services. Some shops may already do tuxedo/dress rentals, which would be time-based; they could potentially take this further by doing time-based rentals of other high-end luxury clothes and accessories.
4a/b: Physical and Non-Physical Rate Fences
Below are several examples of physical rate fences (owner-tenant relationships are more likely to be involved with physical rate fences than the tenant-customer relationships)
- (Owner-tenant POV) Depending on the size of the space being rented, owners can choose to increase or decrease the rates
- (Owner-tenant POV) Certain areas of a department store are likely to be more popular/convenient; hence an owner can charge more depending on the location of the space within the store (http://www.ehow.com/facts_6313023_average-retail-lease_.html)
- (Tenant-customer POV) For services such as restaurants within the department store, tenants can set rates by charging differently between open areas and private rooms
In terms of non-physical rate fences, I would say that there are many opportunities to create rate fences, depending on the type of service/product the store sells. There are also several opportunities within the owner-tenant relationship:
- (Owner-tenant POV) Depending on the lease period, the owner can set different rates to charge the tenant
- (Owner-tenant POV) Depending on the credibility/attractiveness of the tenant, the owner can set different rates
- (Tenant-customer POV) Depending on the quality of the product, functionality of the product, or time/length of the service, rates can be set differently. There is an enormously wide range of examples of this in department stores. A Gap outlet, for example, may sell a tank top for $10, while a Burberry outlet would sell a similar styled tank top for $150. Similarly, a cell phone with 3G functionality may sell at a cell phone provider outlet at a certain price, while a phone with 4G functionality would sell at a much higher price.
4c: Creative Ways to Set Rate Fences
Some ways I can think of setting rate fences creatively is to perhaps offer more intangible services—rather than just the physical products. For example, an I Love Bangkok t-shirt may only cost $5 at the actual retail shop, but if the customer already knows what he/she wants, but doesn’t want to make the trip up 7 floors and 5 minutes of walking to get there, the store could potentially charge an extra $1 to have the t-shirt brought down to the concierge desk of the department store for a quick pick-up.
Roscovitine cell line
The lung clearance index (LCI) is responsive to acute respiratory events in preschool children with cystic fibrosis (CF) but its’ utility to identify and manage these events in school-age children with CF is not well defined.
In a multisite prospective observational study, LCI and forced expiratory volume in 1 second (FEV1) were measured quarterly and during acute re
Selleck GSK583
isk adjustment, in addition to largescale testing before public release. Collaboration between payors and physician specialty societies remains key.With the aggressive resource conservation necessary to face the coronavirus disease 2019 pandemic, vascular surgeons have faced unique challenges in managing the health of their high-risk patients. An early analysis of patient outcomes after pandemic-related practice chang
ratu311
dalam perjudian slots online tentu seseorang bettor mesti kerjakan deposit. yang manakah dari deposit berikut yang kedepannya dipakai buat main judi sekalian mendapatkan keuntungan yang besar sekali. beraneka langkah deposit disajikan oleh provider judi slots supaya menimbulkan perhatian pemainnya sekalian memberinya keringanan, satu diantara metoda yang benar-benar baik dan simpel untuk dipakai yakni model deposit lewat pulsa. nach pada saat
special info
Adult Testing for ADHD
A specialist will want to know about your childhood and your history of symptoms. This is because current diagnostic criteria emphasize that ADHD must be present from childhood.
Your specialist may want to use a few different adult ADHD self-assessment tools during your eva
BAI1
Patients may develop recurrent urinary tract infections, pain syndromes, dyspareunia, and voiding difficulty after mid-urethral sling placement that can be treated by partial sling excision.
The primary objective of this study was to evaluate the incidence of de novo incontinence and voiding difficulty after partial sling excision. A secondary objective was to assess risk factors associated
click here
vestigate whether these markers of subclinical cardiovascular disease can be modified to reduce the risk of cardiovascular disease in CKD.
In CKD, increases in NT-proBNP were significantly associated with greater risk of incident HF and AF, and increases in sST2 were associated with HF. Further studies should investigate whether these markers of subclinical cardiovascular disease can be modified to red
small wood burning stove
Installing a Wood Burning Stove For a Shed
Wood burning stoves for sheds are a fantastic option for gardeners looking to add a touch of warmth to their outdoor space. Be aware that any DEFRA-exempt shed log burner has to be situated within a smoke control area and have the flue pipe adequately protected.
To protect yourself from fire, you
https://www.selleckchem.com/products/bismuth-subnitrate.html
A series of halloysite nanotube (HNT)-doped chitosan (CS)/oxidized dextran (ODEX) adhesive hydrogels were developed through a Schiff base reaction. The resultant CS/ODEX/HNT hydrogels could not only form in situ on wounds within only 1 s when injected, but could also adapt to wounds of different shapes and depths after injection. We established four rat and rab
Website Design Services Phoenix
Phoenix Az Digital Marketing Agency.xxx.Phoenix Digital Advertising and marketing Agency specializes in bringing your organization to the forefront of the electronic market. is a reliable digital advertising company that offers cost-efficient online advertising solutions. Utilizing advanced Custom Web Development Phoenix and proven methods, digital advertising agencies in Phoenix aid companies drive traffic and
In the evolving world of technology, where smartphones dominate daily life, having access to the right apps is essential. But what happens when you can’t find the app you need on traditional app stores? Enter ApkLoku, the ultimate destination for APK downloads. Whether you’re a tech enthusiast, a gamer, or just someone seeking alternative apps, ApkLoku is here to simplify your experience.
What Makes ApkLoku Unique?
ApkLoku is more than just a repository of APK files.
upvc door locks replacement chesham Repair My Windows And Doors
Upvc Window Door Lock Replacements Or Repairs
A lot of people require upvc door repair and replacement of locks. This may be due to a break-in or the normal wear and tear. A faulty window lock is not always easy to diagnose or fix.
There are many indicators tha
adhd test
ADHD Test Adults Can Help You Recognize Your Symptoms
Using self-screening tools or ADHD rating scales online isn’t the same as receiving an official diagnosis from a medical professional. They can help you determine symptoms.
will go over all of your medical history, inc
merc key
Programming Mercedes Keys With a Mercedes Key Programmer
It is likely that you will need to program your Mercedes key at some point. The best method to do it is to purchase a professional tool that can accomplish the task properly.
There are many good options available on the marke
For updating Canon printer drivers, use Canon’s support website, ij.sart.canon.
mercedes car keys replacement
How to Find a Replacement Mercedes Key Near Me
There are many options to replace your Mercedes key in case you’ve lost it. Amazon offers a replacement key.
These keys are less expensive than those produced by Mercedes and are available to be delivered to you. Howe
upvc door locks replacement cheshunt Repair My Windows And Doors
Upvc Door Lock Replacements
Many doors made of upvc have multipoint locking systems which secure the door at several points with a turn of the key. This improves security and energy efficiency.
If you’re experiencing issues with your door lock made of upvc, t
mines game
Mines Game Online
It’s fun to play Mines with real money but it’s essential to be familiar with the game before betting. Players can play in demo mode for free to develop strong strategies without taking risks with stakes.
After selecting the desired bet after which the Mines online game lets pl
Haber
When time is restricted, start off setting boundaries on how long it normally takes you to do matters. For illustration, somewhat than browsing the Web when you have to examine electronic mail, just make it possible for oneself five minutes to read through and reply to your messages. Cut out the excess, stop losing time and maintain your self on timetable.
Purchase a calendar to arrange your tasks. A lot of pe
In today’s fast-paced digital era, mobile applications have revolutionized exactly how we live, work, and play. Using millions of applications available, finding trustworthy sources for installing APKs can end up being challenging. That’s exactly where ApkLoku stands out—a reliable platform made for seamless entry to your favorite APKs.
What is definitely ApkLoku?
ApkLoku is an innovative program dedicated to supplying secure, updated, and user-friendly APK files for
BGB-16673
INTRODUCTION Within out-of-hospital emergencies, Primary Health Care (PHC) pediatricians will likely be the first to provide health care at the scene of a life-threatening emergency (LTE) in children. Pediatricians should be trained to initially intervene, safely and effectively the LTEs, including the activation of Emergency Medical Systems (EMS), an adequate stabilization of patients and transport to the hospital. STU
12BET là một thương hiệu cá cược trực tuyến nổi tiếng, cung cấp dịch vụ cá cược thể thao và trực tuyến cho người chơi trên toàn cầu. Được thành lập vào năm 2007, 12BET đã nhanh chóng khẳng định vị thế của mình trong ngành công nghiệp cá cược trực tuyến, đặc biệt tại thị trường châu Á và châu Âu.
angonoka tortoise for sale
How to Buy a Tortoise Online
Research before buying a tortoise. They require special attention, which includes the proper habitat and food. buy baby tortoise online require hibernate in the winter.
You can also check with local reptile shops or pet shops. These establishments can provide information
Fakta-tts.com
Sustain a program that has ideas, pursuits, and discussions during the 7 days. This supplies insight into what you might be equipped to entire in a day and where treasured moments go. This timetable shows what time you shell out on effects and how a great deal you squander on the points that are unproductive to your objectives.
Make fantastic use of a timer. If you are
ODM-201 cost
To evaluate the effect of bacterial exposure on the marginal integrity of dentin-resin interfaces for composites with and without bioactive glass (BAG).
Cavity preparations of 5 mm width and 1.5 mm depth were machined into dentin disks by means of a computer controlled milling system. After applying the bonding agent, cavity preparations (n=3-5) were restored by incremental techn
https://waterloogardens.com/
Buat mendaftarkan tentulah tidaklah hal yang aneh untuk Anda laksanakan. Walau demikian, perihal ini akan jadi begitu aneh apabila Anda menentukan untuk kerjakan daftar di website judi online paling dipercaya ini. Karena itu karenanya jadi hal yang paling penting untuk Anda untuk mengerti jika perihal ini tidaklah cara yang aneh buat Anda kerjakan. Terang saja, masalah ini muncul lantaran Anda wajib lakukan registrasi saat
best ovens and hobs uk
The Best Hobs
Hobs are available in a variety of sizes and materials. The most durable hobs are long-lasting elegant, stylish and easy to clean.
Our experts favour gas hobs because of their precise flame control and versatility. However, electric hobs can be more efficient in energy use and are more
Buy Northern Ireland Driving Licence
Why You Shouldn’t Buy a Fake UK Driving Licence
A fake UK license is a serious offence and could result in serious consequences for the person who uses it. It can lead to financial loss as well as a deterioration of credit scores or even an invasion of privacy. This can also expose an individual to future identity fra
In the ever-evolving world of Android programs, ApkLoku has appeared as an special and positive origin for Android consumers looking to obtain a diverse range regarding apps. Together with the increasing demand for third-party APKs (Android Package Kits), ApkLoku offers an easy-to-use platform for downloading various programs outside the standard Google Play Store. On this page, we’ll check out the important thing features associated with ApkLoku and exactly why it sticks out because a positive
thor311
pemain permainan taruhan judi slots online kerap kali benar-benar merepotkan buat beberapa para pemain terpenting pemula. pasalnya kadang kita sini terserang blokir internet positif sehingga akhirnya tak dapat dicapai. namun banyak pemain mesti dapat kenali kalau ada cara-cara serta cara yang dapat dikerjakan untuk dapat menangani problem itu. ada banyak tehnik serta usul dan cara penting yang setelah itu dapat anda coba kerjakan untuk dapat mendap
Selleckchem PKR-IN-C16
In patients tapering HCQ, baseline prednisone use was independently associated with greater risk of poor outcomes. In the discontinuation cohort, risk of poor outcomes was greater for blacks and those diagnosed with SLE at age ≤25 years. Among those maintaining HCQ, baseline immunosuppressive use and First Nation ethnicity were associated with poor outcomes.
We ident
https://growmintz.com/
Menundukkan musuh dalam suatu taruhan judi online sudah pasti dapat dilaksanakan secara cepat. Ketentuannya pastinya banyak bettor mesti dapat jalankan penempatan taruhan dengan tehnik pintar. Dengan demikian pastinya kemenangan buat kemenangan dapat didapat banyak bettor untuk sampai beberapa keuntungan yang berkali lipat.
Biar musuh dapat kalah berkali kali dalam penempatan taruhan judi karenanya kamu penting lakuk
burç yorumları
Tasarımlar arayın: Zamanla, bir birey hayatınız yüksek sesle konuşan tekrarlayan temalar fark edebilirsiniz.
Bunları şöyle Kullanın Araçlar: motivasyon veya öz değerlendirme için o tavsiyeyi gününüze dahil edin. Günlük burçlar Doğru midir?
Günlük burçların doğruluğu birkaç yöne bağlıdır. Tam doğum verileriniz kullanılarak oluşturulan kişi
In the ever-evolving globe of Android software, ApkLoku has come about as an exclusive and positive source for Android consumers looking to obtain a various range regarding apps. Using the increasing demand for third-party APKs (Android Deal Kits), ApkLoku offers an easy-to-use platform intended for downloading various programs outside the official Google Play Shop. In this article, we’ll discover the key features of ApkLoku and exactly why it stands out while a positive resource for Android app
Senaparib clinical trial
The collective effects of microswimmers in active suspensions result in active turbulence, a spatiotemporally chaotic dynamics at mesoscale, which is characterized by the presence of vortices and jets at scales much larger than the characteristic size of the individual active constituents. To describe this dynamics, Navier-Stokes-based one-fluid models driven by small-scale forces have been proposed. Here
front door locks replacement chingford repairmywindowsanddoors
Common Problems With Composite Door Lock Replacement
Composite doors are top-quality front doors that provide an excellent level of security. However, just like any other type of door, they are susceptible to common issues. These issues can include the door swelling, sagging hinges, and sticky lock
double glazing installation services cheshunt Repair My Windows And Doors
Why Choose a Double Glazed Window Installation Service?
Double glazing is a fantastic way to reduce your energy bills as well as keep your home warm. It can also be a great investment.
Before windows of the new design are installed, the old fram
Buy a Fake UK Licence
Buy European Driving License Uk Online
If you are a holder of a licence issued by an EU or EEA country, you are able to keep it when you move to another EU country. You must however change it to a local license in accordance with the specific guidelines for your country.
Best place to buy oven and hob
How to Choose an Oven That Meets Your Cooking Needs
Over the years ovens have been improved in terms of design and performance. There are now ovens with self-cleaning oven lines.
These lines heat up the interior of the oven, which is beneficial to clean. Some models have a timer which can be set without
view it now
Double Glazed Window Installation
Double glazing can make a big improvement to your home, providing thermal insulation, noise reduction and improved security. However, installing double-glazed windows isn’t a DIY job.
Work with a FENSA approved installer to reap the rewards of your investment. The installer
mines game online
Mines Game Review
The players are pulled into the deep, dark reaches of a abandoned diamond mine, where they will find lots of loot and explosive mines. Each click on a gray square shows either the symbol of a star or numbers, which tell you how many bombs are on that particular square.
<br
ratu311
untuk rincian permainan slots online di saat ini begitu simpel buat dijalankan. pasalnya saat ini udah sangat banyak link web agen taruhan yang dapat dengan gampang dijangkau banyak bettor. taruhan untuk games ini lebih gampang serta lebih lega dijalankan. tentu perihal ini memberinya sejumlah keuntungan untuk beberapa betaruh untuk pasang taruhan. tetapi awal mulanya ketahui terlebih dulu langkah daftar games slots online secara benar. regist
selleck chemical
A decreasing trend of all haematological variables was observed after doxapram administration until recovery, except monocyte, mean corpuscular haemoglobin, red blood cell distribution width and platelet count. Serum urea, creatinine, glucose, cholesterol, direct bilirubin concentration and alanine aminotransferase activity were not changed following doxapram administration compared to the PS treatment. After doxap
emergency gas engineer milton keynes
Gas Safety Certificates For Landlords
Gas safety certificates are required by law for landlords. They are required to be issued prior to the time that new tenants can move in and must be renewed every year. Inability to do this could result in substantial fines.
<b
ko66
Nhà dòng Ko66 đang phát triển thành lựa chọn hàng đầu của nhiều người chơi game bài đổi thưởng trực tuyến. có sự lớn mạnh mạnh mẽ và sự đầu tư bài bản vào các tính năng, nhà sản xuất, Ko66 đã khẳng định được vị thế của mình trong thị trường game online hiện nay. Hãy cùng khám phá những điểm nhấn và lý do vì sao bạn nên tham dự trải nghiệm tại nền tảng này.
<b
Buy A1 and A2 Motocycle Licence Online
Buy European Driving License Uk Online
Buy European driving licence Uk online is a quick and secure method to obtain an UK driving licence. This document allows you drive in any EU country that has an agreement with the United Kingdom.
The standard format for dr
casino mines
Mines Betting
Mines is one of the most well-known betting games you can play on a variety of trustworthy sites. The game falls under the crash games category and is perfect for those who like a little risk.
Each tile is a gem or bomb. The player can adjust the number of mines and their bet. Mines can range from one to 24.
look at this website
How Does the ADHD in Adults Test Work?
A doctor will look over the person’s medical and developmental background including their childhood, work and family life, to determine if they suffer from ADHD. The doctor will also request important members of the family to fill out the symptom scale and talk about how they viewed the indivi
emergency gas engineer milton keynes
What Are Landlord Gas Safety Checks?
Landlord gas checks, also called CP12 certificates, involve inspections of all gas appliances and flues within your property by qualified experts. They ensure that the gas appliances are safe and comply with all legal regulations.
<br
Our Site
Labor Day Couch Sales – Find Cozy Options That Scratch a Designer Itch You May Not Even Know You Have
These Labor Day couch sales will assist you in updating your home without costing you a fortune. These discounts allow you to find stylish options that will satisfy a desire for design that you may not even thought of having.
Furniture retailers are used to offering huge
wbc247사이트
모든 안전한 카지노 사이트를 신뢰할 수 있습니까?
국내 상황에서 100% 안전을 보장할 수 있는 방법은 없습니다. 하지만, 더 안전한 카지노 사이트, 많은 사용자들이 안전하다고 믿고 있는 온카25와 같은 믿을 수 있는 검증업체를 통해 더욱 확실하게 검증된 정직한 운영이 입증되어 더욱 믿음이 갑니다.
그런 안전한 카지노 사이트를 어떻게 확인하고 사용할 수 있는지 알려주시겠습니까?
최근에는 식품 검증 및 안전을 전문으로 하는 업체들이 카지노와 계약을 맺는 사례가 많다. 이러한 사이트는 먹거나 뛰는 사고로부터 안전할 가능성이 거의 확실하며, 안전 및 주요 카지노 사이트 목록이 많이 겹칩니다. 이것이 이러한 안전 카지노 사이트를 확인하는 이유입니다 안전하