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.
check details
Using a transwell model of the BBB we proved the crossing ability of HFn-mAb. Cellular uptake of HFn-mAb by human cerebral microvascular endothelial cells (hCMEC/D3) was demonstrated by confocal microscopy. Moreover, after crossing the endothelial monolayer, HFn-conjugated mAbs retain their biological activity against targets, as assessed by MTS and ADCC assays. Our data support the use of HFn as efficient carrier t
selleck chemical
24 vs 7.17, p = 0.01), lower PaO
(47 vs 145, p < 0.01), and a lower PaCO
(55 vs 73, p = 0.01). Among patients with a positive AT using PaCO
threshold alone, the frequency of patients with post-AT pH < 7.30 was 95% (83/87).
Implementing a BD criteria requiring both arterial pH and PaCO
thresh
Litronesib
07 € per kg N recovered.Ewe Neck is a relatively common morphological defect in Pura Raza Español (PRE) horses and other Baroque type horse breeds, which adversely affects the breeding industry; (1) objectives to establish the within-breed prevalence, possible associated factors, and heritability of Ewe Neck in PRE horses; (2) methods the database included evaluations of 35,267 PRE horses. The Ewe Neck defect, 16 morp
this website
Background Some physicians in intensive care units (ICUs) report that electronic health records (EHRs) can be cumbersome and disruptive to workflow. There are significant gaps in our understanding of the physician-EHR interaction. Objective To better understand how clinicians use the EHR for chart review during ICU pre-rounds through the characterisation and description of screen navigation pathways and workflow p
find more
This approach has improved the preservation of liver cells’ metabolic functions and could be a candidate for the bioartificial liver system.The objective of this study was to evaluate the histopathological effect of gas explosion on rats, and to explore the metabolic alterations associated with gas explosion-induced acute blast lung injury (ABLI) in real roadway environment using metabolomics analyses. All rats were expos
click here
The average oral morphine equivalents consumed during the 6 weeks postsurgery were significantly lower in group 1 at 446.3±266.3 mg (range 10-992) compared to group 2 at 622.6±313.7 mg (range 20-1416) (P < .001). The average oral morphine equivalent corresponds to 60 tablets of 5 mg oxycodone per patient in group 1 vs 84 tablets per patient in group 2. Fifty-nine (83%) patients in group 1 had stopped taking opioids wit
https://www.selleckchem.com/products/1-azakenpaullone.html
Low lymphocytes % [0.5(0.4-1.6), P=.001], insulin use [0.4(0.3-5), P=.003], and old age [0.5(0.1-2.3), P=.025] were associated with extensive lung injury. The risk for in-hospital death was associated with high neutrophil% [1(1-1.4), P=.045], while metformin use was associated with decreased risk for in-hospital death [0.1(0.1-0.6), P=.025]. Insulin use [0.3(0.2-4)
simply click the following article
Melody Blue Spix Macaw
After a long time with worry and speculation, Brazilians and German conservationists managed to successfully bring a group of couples back into their natural habitat. Their story is inspirational however, it is also filled with backbiting and jealousies.
find more
509 vs R2 = 0.298), and the linear relationship model was created as follows thrombosis rate (%) = -11.25 × distal tear number + 105.24. This model was perfectly matched in 10 patients (concordance correlation coefficient = 0.880, P = 0.947). Moreover, when the total area of re-entry tears was constant, the net blood flow increased rapidly with an increase in the tear count.
The numb
redirected here
Buying a 4 Seater Faux Leather Sofa
Leather sofas are an excellent way to add style and durability to your living room. They can also be extremely comfortable. They look stunning and work perfectly with almost any style of decor.
The real leather is expensive however it is well wort
Mindy catalina macaw
Buffy Macaw Bird For Sale
Macaws are captivating birds that can add a lot of personality to your life. They are large parrots that have big personalities and long lives. They can be expensive.
Before deciding to purchase macaws, it is essential to study the laws and regulations of your region and make sure that yo
modern wood burning stove
A Wood Burning Stove in Your Conservatory
A wood-burning stove in your conservatory is a fantastic way of heating the room throughout the year. It’s cheaper than underfloor heating and much more efficient than electric heaters.
There are some things to think about prior to instal
Luxury Lounge 오피사이트
https://queengrown.com/
rasakan soal asyik saat main judi slots online! memainkan permainan slots online betul-betul membahagiakan saat memperoleh sejumlah keuntungan saat mulai berlaga di meja judi. tentulah sekarang anda tidak usah sibuk datang ke casino konservatif buat bermain judi slots. anda perlu bermain judi di dalam rumah dengan memandang monitor handphone atau fitur lain dan bersuka-ria didalamnya.
anda bakal rasakan jika selam
Ghost 2 immobiliser
How a Ghost Immobiliser Can Boost Your Car’s Security
With the increasing incidence of key cloning and relay thefts Car owners are searching for advanced security measures. But determined thieves are constantly finding ways around them.
Ghost immobilisers are e
Gas safety certificate buckingham
Why Landlords Can’t Get Their Renters to Let Them In For A Gas Safety Examination
Lots of landlords have trouble getting their tenants to let them in to perform gas safety checks. is often due to the fact that the renters are reluctant to trust the Gas Safe registered engineer.
Every landlord is legally required
1bet1
With the internet casinos you need to have to venture out anywhere, just make yourself comfortable and connect to the internet to an on the web casino, pour yourself a drink, start off playing.
Monaco Gold casino – If believe of yourself as a high roller, want should be playing at Monaco Precious metals. Their selection of games can’t be as large as other casinos, but their bonuses and progressives are
best refridgerator brand
How to Choose the Best Fridge Freezers
GE fridge freezers get leading marks from reviewers for their strong construct, temperature regulation and frost-free design. This avoids the freezer developing up ice, conserving space and effort when defrosting.
It’s also freestanding, which gives it more flexibility for positioning
macaw purchase
Melody Blue Spix Macaw
After a long time filled with uncertainty and fear Brazilians and German conservationists managed to successfully reintroduce a couple of couples back into their natural habitat. Their story is inspiring but also filled with backbiting and jealousy.
The first obstac
blue african grey parrot
Zuri – A Remarkable Bird For Sale
Zuri is seeking an amazing home that will provide him with love, companionship and the chance to enrich his life through conversations and laughter. He’ll make an excellent family member for the rest of his life.
African Grey’s are voc
baby bedside crib
Transitioning From Moses Basket to Co-Sleeper
With the help of a bedside crib or a co-sleeper, your baby can be comfortable next to your bed. Many come with additional features, like rockers, music, and night lights.
The Shnuggle Air comes with a mattress for a cot and a conversion kit that transforms your child’s
online test for adhd
Adult ADHD Testing and Diagnosis
While different doctors have their own approach to ADHD evaluations, some common components are a clinical interview and behavioral rating scales for ADHD. These tools ask for information about the person’s symptoms, as well as a look at executive functioning deficiencies.
<
the full report
African Grey For Sale
African greys are intelligent birds that can mimic many words. They are among the most sought-after pet birds.
They need to be able to maintain regular human contact and they should spend long periods of time outside their cages. They will become part of their human family and see them as a family.
Size
Fenebrutinib
In the present review article, the possible role of integrative medicine across the breast cancer care continuum has been discussed along with the concept of integrating complementary practices into mainstream health delivery. We have focused on breast cancer as a model cancer that is well amenable to prevention, early detection and stage appropriate treatment. However, our observations are pertinent for
selleck inhibitor
These findings point to the utility of our high-throughput platform for automated scoring of worm postures and in particular, the discovery of potential candidate treatments for PD.Timely ophthalmologic consultation is important to ensure patients receive high quality ophthalmologic care in the Emergency Department (ED). Tele-ophthalmology may prove useful in safely and efficiently managing ED eye-relat
the full report
Blue African Grey Parrot
The African grey parrot is one of the most intelligent animals in captivity. Its cognitive abilities are similar to a child of five years old. They require a responsible owner who will provide them with the physical care and emotional support they require to live a long life.
They are monogamous and live in tree cavities. Their chicks ar
car fob key replacement
Cost of Replacing a Car Key Fob Near Me
The cost of replacing a car’s key can vary depending on the type you want. Keys that are traditional are less expensive to make, while transponder keys are more expensive and require specialized programming that only a locksmith or dealership can do.
nohu
Trong thế giới game on the web hiện nay, cổng video game nổ hũ đang trở thành một trong những lựa chọn hấp dẫn nhất dành cho những tín đồ ham sự mạo hiểm và mong muốn nhận thưởng lớn. Không chỉ mang lại những giây phút giải trí thú vị, game nổ hũ còn là cơ hội để người chơi dễ trúng thưởng lớn. Tuy nhiên, việc lựa chọn một cổng game nổ hũ uy tín sau đó an t
http://WSN.org
Trò chơi bài luôn là một trong những trò chơi phổ biến được yêu thích bởi nhiều người. Với mạng lưới của các nền tảng trực tuyến, game bài ngày càng trở thành một trò chơi thu hút, mang đến cho người chơi những trải nghiệm thú vị.
Trong game đánh bài, người chơi có thể trải nghiệm nhiều game bài như Tài Xỉu, mỗi trò chơi đều có quy tắc riêng biệt, nhưng đều mang đến những cảm giác hồi hộp. Những trò chơi bài này
Mindy catalina macaw
Paisley Hyacinth Macaw For Sale
These birds are expensive and require a lot of attention. They also have a lengthy lifespan – over 60 years.
They are native to South America, and can be found in Paraguay. Brazil, and Bolivia. They live in savannas, palm groves and swamp
bio ethanol fire wall mounted
Bio Ethanol Fireplace Wall
Unlike conventional gas or wood fires, wall-mounted bio ethanol fireplaces can be set up in a variety of spaces. They are perfect for creating a relaxing environment and providing supplementary heat.
They likewise produce fewer toxins than other kinds of fireplaces. However, they are not app
car key and fob replacement
Is It Time to Get a Replacement For Key Fob?
Most new models of automobiles have one key to start and unlock the engine. Some can even do additional tasks like roll down windows and auto-park. Fobs can only be purchased through dealerships as they require sophisticated programming equipment.
<br
ABT199
Viral proteins pUL16 and pUL21 are required for efficient nuclear egress of herpes simplex type 2 (HSV-2) capsids. To better understand the role of these proteins in nuclear egress, we established whether nuclear egress complex (NEC) distribution and/or function was altered in the absence of either pUL16 or pUL21. NEC distribution in cells infected with pUL16 deficient viruses was indistinguishable from that observed in cell
Buy Ireland Drivers License
Taking Driving Lessons in Louth
Learning to drive with an RSA certified driving instructor in Louth is one of the best ways to become an safe driver. Our instructors can help you gain confidence behind the wheels and pass your test on the first try.
<
commercial dual fuel range cookers
Upgrade Your Kitchen With Cheap Dual Fuel Range Cookers
Improve your kitchen by installing a dual fuel range cooker that gives you the power of a gas hob paired with the precise electric oven. Explore a variety of finishes and widths to meet your space and cooking needs.
<
just click the up coming internet site
Reconditioned Dual Fuel Range Cookers
A range cooker is a great addition to any kitchen. It doesn’t need to be expensive. Reconditioned dual fuel range cookers are a great option for those who want to save money but not sacrifice quality.
They combine the advantages of gas and electric cooking into one powerhouse appliance. This kind of cooker i
online test for adhd
Getting a Diagnosis For ADHD Online
Getting a diagnosis for ADHD is an important first step in finding the appropriate support. It can also help avoid long-term issues, like academic issues and strained relations.
Undiagnosed ADHD is a frustrating and confusing condition for many. A clear dia
tgf-beta signals inhibitor
METHODS the alteration in the quantity of trainees amongst the control duration (2012-2014) and 2018 had been examined, taking into consideration the prefecture and specialty chosen. Populace, the percentage of residents aged 65 years or older (the aging process rate), in addition to final amount of overall physicians in each prefec
simply click the following article
What You Should Know Before Making a Macaw Purchase
Macaws are expensive, which is why it is important to budget for their upfront installation costs as well as decades of care. It is also worth considering the possibility of rescuing a bird instead purchasing one from a pet shop or breeder.
<br
continue reading this
Cleo Female Macaws For Sale
Flocks of wild, bright green parrots are a common sight and sound throughout Southern California. In the last few weeks, some birds have been killed.
Kees Houwaart, who breeds hyacinth macaws in the Netherlands, welcomed Garretsen’s inspection and was eager to sign his meticulous CITES documentation. He also pointed out an unopened
the full report
Caring For an African Grey Parrot
African grey parrots, like toddlers, can become bored easily and need mental stimulation to avoid behavioral issues. learn more can be destructive or even cry if they don’t receive enough stimulation.
Highly intelligent, they are the most accur
Idasanutlin ic50
Until now, no clear genotype-phenotype correlation has been identified to guide clinical management. Taken together, these data support the safety of conservative care until ESKD in a subset of patients with CNS.A peptide (Li5-025)-modified gold nanoparticle (AuNP)/(titania (TiO2) + 5,10,15,20-tetrakis(4-aminophenyl)-21H,23H-porphine (TAPP))/glassy carbon electrode (GCE) was developed for lipopolysaccha
boarding up services
Boarding Up Companies
Board up services prevent further damage to buildings temporarily uninhabitable due fire damage or extreme weather events. They can also deter theft, vandalism, and facilitate insurance claims settlement.
A reputable boarding-up business will have all the required equipment and s
債務重組邊間好
債務經常可以感覺就像一場無情的風暴使個人遭受迷失和超支。但是，在混亂之中，有重新控制控制的策略並找出答案實際解決方案。兩個重要的選擇這可能會幫助您駕駛這個海洋那是動蕩的是特定的自願安排（IVA）和債務和解計劃（DRP）。了解這些工具可以授權你去通過樑上的束縛和債務解放培訓課程邁向貨幣恢復。
一個人自願安排（IVA）只是有效的生命線對於許多人結束深深的困擾那是貨幣。此合同那是合理地約束你和你一起債權人允許量身定制的可管理還款計劃您的具體情況。通過同意覆蓋一部分的一個人的債務比一個小組時期 – 通常五到六年 – 您可能有其餘的部分可能關於債務註銷。這種結構化的方法不僅輕鬆分鐘負擔但另外補給品清晰通往未來的道路這當然是無債務。
<br
Buy Ireland Drivers License
Driving Lessons Edinburgh
Driving Lessons Edinburgh is an investment in your future. It’s important to choose an instructor who is qualified and will provide you with top quality instruction. Almost all consumers look for reviews and recommendations online prior to s
MPTP manufacturer
Additional longitudinal analysis is required to better assess these implications. © Springer Nature Switzerland AG 2020.Background A systematic review of the peer-reviewed and grey literature previously identified over 1200 perioperative structure and process quality indicators. We undertook a Delphi consensus process with the aim of creating a concise list of indicators that experts deemed most importa
click here
Proteins have evolved in specific 3D structures and play different functions in cells and determine various reactions and pathways. The newly synthesized amino acid chains once depart ribosome must crumple into three-dimensional structures so can be biologically active. This process of protein that makes a functional molecule is called protein folding. The protein folding is both a biological and a physicochemical process that d
shielded cable
Introduction
Shielded cables are essential components in various industries, providing protection against electromagnetic interference (EMI) and ensuring reliable transmission of signals and power. In applications where flexibility is crucial, such as robotics, automation, and portable electronics, high-flexibility shielded cables play a vital role. This comprehensive guide explores th
goethe-zertifikat kaufen
Osterreichische Sprachdiplom Deutsch (OSD) – What is an OSD Test B1 Certificate?
A certificate from the OSD is a great way to show off your German proficiency. The certificates are widely accepted in Germany, Austria, and other countries.
The OSD Zertifikat certification enables you to communicate on an elementary level in
Ghost 2 immobiliser
Ghost Immobiliser 2
The ghost immobiliser is a new generation device that secures a vehicle without cutting wires or installing an aftermarket alarm/immobiliser fob. It is connected to your vehicle’s CAN data networks, and is programmed with the PIN code by using buttons on the steering wheel and dashboard.