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.
ALK inhibitor
Lastly, we analyzed the malignancy rate in the two groups. Results 29 TIR3A and 90 TIR3B patients were included in the study. HT was performed in 10 TIR3A patients and 37 TIR3B patients, respectively, with need for reoperation in 4 TIR3B (10.8%) patients due to histological findings of follicular thyroid carcinoma >1 cm. The malignancy rates were 17.2% in TIR3A and 31.1% in TIR3B, (p = 0.16). Predictability of malignancy was a
cheap wood burning stoves
Wood Burners For Sale
According to Thumbtack the wood stove is the most common way to heat your home. The latest stoves meet EPA emission standards and burn efficiently.
Some states have restrictions on particulate emissions during named high-pollution days. The EPA recommends
CP21 GSK-3 inhibitor
001). The proportion of MSM who had HIV self-testing among prior HIV testers significantly increased from 32.2% (259/805) to 75.2% (406/540) during the study period (trend Z =14.3, P less then 0.001). Conclusions The HIV testing rate, HIV self-testing rate and proportion of men who had HIV self-testing among former HIV testers among web-based Chinese MSM showed substantial increases from 2013 to 2016,and 20
car key replacement mercedes
Mercedes Benz Key Replacement
If you’re seeking a solution to replace your mercedes benz key, there are a variety of options available. You can visit the dealership, buy one online, or hire a locksmith to do it for you.
However there are a few things to consider before you
see more
Oils are subject to several reactions that lead to physical-chemical, sensory and nutritional deterioration. This deterioration process is called rancidity or lipid oxidation, a spontaneous and irreversible phenomenon that can be delayed by the addition of antioxidants. Usually, vegetable oil producers choose to add antioxidants to the upper limit permitted by applicable law as it is not entirely clear the ideal dosages of p
cast iron wood burning stove
cast iron wood burning stove Burning Fires Need to Be Hot and Clean
The warmth and ambiance of wood-burning fires is not just soothing and enchanting but also essential to our health and well-being. They should be hot and clean to work.
Green, or unseasoned wood is very moist that makes it cha
find more
The inclusion of physical health dimensions was perceived as positive, but some patients considered the descriptive system too generic. The results indicate that these patients in general could self-report their health in a meaningful way with the EQ-5D-Y-5L instrument.
The inclusion of physical health dimensions was perceived as positive, but some patients considered the descriptive s
Src inhibitor
Municipal solid waste incineration fly ash (MSWI-FA) has been strictly controlled as hazardous waste globally because it contains various heavy metals and dioxins. This study prepared a nanometallic Al/CaO (n-Al/CaO) dispersion mixture via ball-milling as a reductive stabilization reagent for the simultaneous immobilization of heavy metals and detoxification of POPs like substance in MSWI-FA. Under optimal conditions,
find more
Currently, the utility of TE products and materials are being investigated in several fields of human medicine, ranging from orthopedics to cardiovascular surgery (2-5). In cardiovascular surgery, reconstruction and replacement of cardiac and vascular structures are routinely performed. Considering the shortcomings of traditionally used materials, the need for advanced materials that can “restore, maintain or improve tissue function” are evid
selleck inhibitor
s study provides a proteomic repertoire of confirmed and potential autoantigens for future studies, and the findings are consistent with a mechanism for autoantigenicity how self-molecules may form molecular complexes with DS to elicit autoimmunity. Our data contribute to the molecular etiology of autoimmunity and may deepen our understanding of autoimmune diseases.
Explore the associatio
NS 105
Extracorporeal membrane oxygenation (ECMO) is a rescue treatment used in children and adults with reversible cardiorespiratory failure. The role of ECMO is not fully established in pediatric sepsis. In this retrospective single-center study, we aimed to investigate risk factors and survival in pediatric septic shock supported with peripheral cannulation ECMO. All patients aged 30 days to 18 years treated between 2
nba streams
ABT-199
The 16 countries that have active NBS programs screen for congenital hypothyroidism, 14 for phenylketonuria, 12 for congenital adrenal hyperplasia and cystic fibrosis, and 8 for galactosemia. NBS by tandem mass spectrometry is implemented at a national level only in two countries. Despite these disparities, sustained and significant growth has become evident in the last decade, highlighted by the implementation of new progr
this website
This article argues that oil played an important role in shaping park landscapes in the United States. Scholars have shown how early road building sought to integrate the view of the natural landscape from the driver’s seat. The acceptance of roads as a major feature of parks, like in the Palisades, shows the primacy of oil as a foundation of American life in the twentieth century. This article goes a step further and an
債務舒緩
債務重組是 一種手段 財務管理，這 被設計為 幫助企業或個人重新安排債務 這樣他們 可以更好地償還。此過程涉及與債權人的談判 實現 一個新 還款計劃， 經常 減少每月還款金額和 利率，或延長還款期。IVA（個人自願安排）是 一種 債務重組， 就是 主要是 適合 個人。通過談判，債務人可以償還 主 債務內部 一個特殊的 一段時間，，，， 一起 尾 或許 豁免，從而減輕了個人財務負擔。
每當選擇時 債務重組服務， 很多人 將要 想想 問題 充電。債務重組服務充電標準 給出 不同的機構 可能是 不同的， 因此 非常重要 理解 指控 每個 機構，專業債務重組公司將收取相應的費用 基於 內容和復雜性 關於 服務。選擇哪些機構重組債務 也可能是 遭受 它的聲譽和成功的案例。所以， 仔細決定之前，，，， 你可以 引用 評估和建議 其他客戶。
<b
click here
Thus, we demonstrate successful implementation of a systematic risk assessment during a large measles outbreak to identify and protect at-risk SOT patients. As vaccine hesitancy persists, our strategies may be increasingly relevant to transplant centers and those caring for immunocompromised patients.The synthesis and coordination properties of two fluorescent chemosensors, featuring [9]aneN3 (1,4,7-triazacyclononane;
AMG PERK 44 order
mellifera. By highlighting the most promising traits of Varroa-surviving bees and our current knowledge on their genetic bases, this work will help direct future research efforts and selection programs to control this pest. Additionally, by comparing the diverse populations of honey bees that exhibit those traits, this review highlights the consequences of anthropogenic and natural selection in the interaction
sport surge
PRT4165
and was activated on April 18, 2017. https//clinicaltrials.gov/ct2/show/NCT03119337.Health practitioners play an important role in identifying and responding to domestic violence and abuse (DVA). Despite a large amount of evidence about barriers and facilitators influencing health practitioners’ care of survivors of DVA, evidence about their readiness to address DVA has not been synthesised. This article reports a meta-synt
activators
These options are usually separate of sewers, water, and energy and for that reason promise becoming appropriate for fast-growing urban areas. In addition they permit resource recovery and and are also adaptable to changing ecological and demographic circumstances what makes them more sustainable. More choices, nevertheless, also improve preparing complexity. Structured decision-making (SDM) wil
AZD2811
The detection limit of ELISA is around 3 pg/mL, and the detection limit of FOLISA is below 0.06 pg/mL. FOLISPOT can detect more spots than ELISPOT and can detect targets that are undetectable for ELISPOT. Furthermore, FOLISA and FOLISPOT allowed sequential detection of multiple targets by using a single dye or multiple dyes in one round and sequential detection in multiple rounds. Thus, FOLISA and FOLISPOT enabled simu
read more
For patients with early-stage hepatocellular carcinoma (HCC), liver transplantation offers the best chance of cure. Over the past two decades, selection criteria to determine eligibility for liver transplantation have been constantly refined but a fair allocation strategy of liver grafts to HCC patients remains challenging. In Europe, over a dozen transplantation networks apply different liver transplantation criteria f
FB23-2 price
A series of novel quinazolinone sulfide derivatives containing a dithioacetal moiety were designed and synthesized using Tomato chlorosis virus coat protein (ToCVCP) as a potential drug target, and the inhibitory effect of ToCV was systematically evaluated in vitro and in vivo. The experimental results showed that most of the compounds presented a strong affinity. Notably, the binding abilities of compounds D8 and D16 t
negocio de seguros League City TX
En un mundo empresarial en constante cambio y lleno de incertidumbres, proteger tu inversión y asegurar la continuidad de tu negocio es más crucial que nunca. El seguro de negocio se convierte en una herramienta fundamental para salvaguardar tu empresa contra imprevistos que pueden amenazar su estabilidad y éxito. Desde desastres naturales hasta responsabilidades legales, conta
click through the next post
Choosing the Right Double-Glazing Installation Service
Double glazing is an effective and affordable way to improve your home’s energy efficiency and reduce noise pollution. You can pick from a variety of frames, sizes and colors. It is important to choose a company with a good reputation and a professional installation se
reddit nba streams
https://iva.ctr.hk/
債務重組是 離開 財務管理，這 目的是 幫助企業或個人重新安排債務 為了他們 可以更好地償還。此過程涉及與債權人的談判 到達 一個新 還款計劃， 經常 減少每月還款金額和 利率，或延長還款期。IVA（個人自願安排）是 一種形式 債務重組， 可以 主要是 適合 個人。通過談判，債務人可以償還 一部分 債務內部 一定 一段時間，，，， 一起 尾 或許 豁免，從而減輕了個人財務負擔。
每當選擇時 債務重組服務， 很多人 將要 考慮一下 困境 充電。債務重組服務充電標準 給出 不同的機構 可以 不同的， 就是這樣 極為重要 理解 指控 每一個 機構，專業債務重組公司將收取相應的費用 基於 內容和復雜性 與 服務。選擇哪些機構重組債務 也將是 受 它的聲譽和成功的案例。所以， 仔細決定之前，，，， 有可能 與 評估和建議 其他一些客戶。
<b
Selleckchem BMS-986020
Results indicate that higher-level players seem to be more efficient while moving on-court. When compared to sub-elite and youth, elite players cover less distance at lower average velocities and with lower maximal and average heart rate during competition. However, elite-level players have a greater bandwidth to express higher velocity movements. From the present systematic review, it seems that additiona
Cyclopamine antagonist
Mean upslope shifts in species were driven largely by contracting lower range limits which moved significantly upslope on average across species by 183 m, while upper range limits shifted non-significantly upslope by 72 m, leading to a mean range contraction of 114 m across species. Community composition of understory bird species also shifted over time, with current communities resembling communities fou
click the following document
Childrens Bunk Beds With Steps
Kids’ bunk beds with steps combine safety, style and practicality. They’re an ideal alternative to ladders for younger children and can free up valuable bedroom space.
Ladders are an ideal alternative for older children, especially i
selleckchem
The decline in bone mass and bone strength and musculoskeletal problems associated with aging constitute a major challenge for affected individuals and the healthcare system globally. Sirtuins 1-7 (SIRT1-SIRT7) are a family of nicotinamide adenine dinucleotide-dependent deacetylases with remarkable abilities to promote longevity and counteract age-related diseases. Sirtuin knockout and transgenic models have provided no
Buy UK driving licence online
Buy A1 and A2 Motocycle Licence Online
A1 is the best choice for those who wish to ride smaller motorcycles. It permits you to ride without L-plates, transport Pillion passengers, and even ride on motorways.
You can also upgrade to a full category A licence afte
Sunitinib concentration
Flow cytometry of splenic regulatory T cells (Tregs) and natural killer (NK) cells was performed to assess the immunomodulatory effects. Results Pre-transplantation systemic administration of hiPSC-MSCs increased systemic Tregs activation, decreased the number of splenic NK cells and inflammation, and enhanced survival of transplanted hiPSC-MSCs and hiPSC-CMs. These improvements were associ
selleckchem
dynamics are difficult to capture using traditional approaches, and we compare our results to a standard diffusion model, to highlight the value of real-time data from mobile phones for outbreak analysis, forecasting, and surveillance.
The incidence and mortality rates of smoking-associated lung cancer are high among Chinese immigrant smokers. Coming from a country with different smoking policies,
reddit mma streams
see more
The coronavirus disease 2019 (COVID-19) pandemic, which is caused by the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), has killed more than one million people as of October 1, 2020. Consequently, a search is on for a treatment that can bring the pandemic to an end. However, treatments (vaccine, antiviral, plasma) that are directed at specific viral proteins (RNA polymerase, spike proteins)
check details
Overdose acetaminophen (APAP) can result in severe liver injury, which is responsible for nearly half of drug-induced liver injury in western countries. Previous studies have found that there existed massive hepatocellular necrosis and severe inflammatory response in APAP-induced liver injury. However, the mechanistic linkage between necroptosis and NLRP3 inflammasome pathway in APAP-induced hepatotoxicity remains
AZD1390 nmr
The south displayed greater values than the north, but this difference in provinces narrowed over the years. The water footprint of food was the largest, more specifically, the green component of this water footprint. Promoting a reasonable diet, reducing food waste, improving agricultural production technology, reducing the frequency of changing hotel supplies, and encouraging the use of new energy helped to reduce the
car key and fob replacement
car key fob replacement Near Me
Losing car keys is a major problem. They are lost in your pocket, slip through the cracks of your purse, or are dropped in the trunk while you load your groceries.
Replacing a key fob can be costly. This is particularly relevant for mode
illuminated
A light-up pet dog harness is more than just an accessory; it’s a functional tool for maintaining your pet dog safe and noticeable. Whether walking your pet in low-light conditions or ensuring they attract attention in a crowded park, these illuminated harnesses integrate safety and security, convenience, and design.
Why Pick a Light-Up Pet Dog Harn
https://saltybrick.com/
Banyak terdapat pilihan web biro judi taruhan online yang siap tetapi sedikit sebenarnya yang menjajakan judi online24jam dapat dipercaya 2021. Meski sebenarnya sesungguhnya amatlah penting untuk lantas kita dapat cari dan menunjuk salah satunya alternatif site yang memberinya pelayanan 24 jam itu. Bahkan juga kalaupun butuh kita cari berdasar pada tahun di mana kita pengen memainkan permainan itu termasuk pada tahun 2021. Ini mering
double glazing installation services high-wycombe RepairMyWindowsAndDoors
Double Glazing Installation Near Me
Ask your friends and neighbors about their experiences before contacting any local double glazing installation company. Personal recommendations are more reliable than online reviews in reviewing the quality of work completed by a company.
lg refrigerator
LG Fridge Models
Find the perfect fridge for your family and your lifestyle. are available in a variety of sizes to suit different needs. Some are equipped with smart technology, such as a Door-in Door design that lets you access food quickly and minimizes the loss of cold air.
Some fridges fe
leather sofa and loveseat set
A Leather Modular Sofa is a Sleek, Sophisticated Seating Solution
A leather modular sofa is a chic, sophisticated seating option. They are a great way to use space, make rooms that are divided and are comfortable to relax on.
Modular couches are also much more portable than
Selleckchem Cinchocaine
Numerical computations are carried out utilising the iterative Laplace transform method and comparative study of different fractional differential operators is done. The impacts of various biological parameters on transmission dynamics of COVID-19 is investigated. Finally, we illustrate the obtained results graphically.The purpose of this work is to analytically simulate the mutual impact for the existen
selleck compound
Cut roses is one of the important ornamental cut flowers. Many factors affect the loss of postharvest life quality of cut flower, such as temperature, humidity and the presence of ethylene during postharvest storage. In ethylene sensitive roses, ethylene enhances petal discoloration, chlorophyll degradation, petal efflorescence and increase in petal diameter which generating in flower senescence. This data article
GRL0617 research buy
The neutralization of DTMUV by 1G2 played a clear therapeutic role in mouse models. The passive transfer of 1G2 resulted in 100% survival, reduced weight loss, and the complete clearance of DTMUV from the blood of BALB/c mice. Our findings document, for the first time to our knowledge, that mAb 1G2 targets the cross-reactive epitope on the hi loop of domain II in the E protein and might be of potential therapeu
MM3122 in vivo
RESULTS 48 patients were included in the study. There was no statistically significant difference as to the number of Langerhans cells, in their morphology, or the presence of TNF-α. However, patients presenting with more Langerhans cells in the lesions had cells with a star-like and dendritic morphology, whereas in those with a lower cell count had cells with a rounded morphology and no dendrites (p less then 0.001).
adult adhd tests
ADHD Tests For Adults
The idea of asking your primary physician for a referral to an evaluator that performs ADHD tests for adults is a great idea. You can also inquire with your insurance company or the hospital that is affiliated with universities to find one in your area.
During an ADHD evaluation the evaluator will ask you to fill out questionnaire
second hand wood burning stoves
Wood Burning Stoves For Small Spaces
The sound of the wood stove is a classic method of adding warmth to any space. Wood stoves provide warmth to warm your home, and they also help you save money on energy bills.
They’re great for cabins, tiny homes and even campervans and boats. They can be fitted with either a right or left-ha