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.
replacement car key fobs
How to Get a Replacement Electronic Car Key Fob
Modern cars are equipped with fobs that open doors and even start engines. A lot of them come with advanced features, like auto-parking or rolling down windows.
It’s simple and cheap to change the battery. Numerous online videos or owne
INF195 cell line
Strongylidae egg counts were higher, and the occurrence of Anoplocephalidae eggs was more likely in bachelors than in band stallions, whereas Ascarididae egg counts were higher in band stallions. Strongylidae and Ascarididae egg counts were not increased in lactating females. Strongylidae egg counts were higher in subadults than in foals. Regardless of sex and age, Ascarididae infections were more likely under wet c
Selleck TMZ chemical
The contribution of geographical distance was similar for both microbial groups. © 2020 The Authors. Environmental Microbiology published by Society for Applied Microbiology and John Wiley & Sons Ltd.Atropisomers possessing multiple stereogenic axes are intriguing molecules with huge uncovered potential. As compared with molecules with multiple stereogenic centers for which countless methods exist fo
CA-074 methyl ester inhibitor
Variations in the vessel radius of segmented surfaces of intracranial aneurysms significantly influence the fluid velocities given by computer simulations. It is important to generate models that capture the effect of these variations in order to have a better interpretation of the numerically predicted hemodynamics. Also, it is highly relevant to develop methods that combine experimental o
SMIP34 mw
There are entropic functionals galore, but not simple objective measures to distinguish between them. We remedy this situation here by appeal to Born’s proposal, of almost a hundred years ago, that the square modulus of any wave function | ψ | 2 be regarded as a probability distribution P. the usefulness of using information measures like Shannon’s in this pure-state context has been highlighted in [Phys. Lett. A1993, 181,
read more
The measure of performance for a given trial was the difference in degrees between the orientation of the target and that reproduced by the observer. We found that guessing rate was lower with regular than irregular rhythms. However, there was no effect of rhythm type (regular vs irregular) on the quality of representation (measured as the variability in reproducing the target). Furthermore, the rhythm effect was present
Selleckchem Linsitinib
Ramachandran dynamics, where only the two key torsions are mobile, accelerate the slowest transition by an order of magnitude. We also show that simulations of a complex glycan cover significantly larger regions of the configuration space when mixed with constrained dynamics. MAJOR CONCLUSIONS Robosample is a tool of choice for efficient conformational sampling of large biomolecules. GENERAL SIGNIFICANCE Robo
Eprenetapopt
Meanwhile, CtBP2 shRNA interact with ZBTB18 to block cells at phase G0/G1 and suppress SHH-GLI1 pathway. CtBP2 shRNA decreased tumor volume, increase ZBTB18 expression in tumor tissues, and inhibit SHH-GLI1 pathway in mice, which could be reversed by ZBTB18 shRNA.
CtBP2 elevation and ZBTB18 down-regulation were found in GBM, both of which were associated with prognosis
https://www.selleckchem.com/products/ms4078.html
SnO2 nanoparticles (NPs) have been used as reversible high-capacity anode materials in lithium-ion batteries, with reversible capacities reaching 740 mAh·g-1. However, large SnO2 NPs do not perform well in charge-discharge cycling. In this work, we report the incorporation of MoS2 nanosheet (NS) layers with SnO2 NPs. SnO2 NPs of ~5 nm in diameter synthesized by a facile hydrothermal p
deep leather couch
Buying a Modern Leather Sofa
If you want a modern leather sofa that will last, choose one with sturdy frames and sustainable materials. Full-grain or top-grain leather is the most durable, but it’s also expensive.
This 4.6-star sofa has a modern, sleek design with soft, buttery leather that looks aged for an organic look. You can pick from a variety of colors to
selleck chemicals llc
Inflammatory signaling is required for hematopoietic stem and progenitor cell (HSPC) development. Here, we studied the involvement of RIG-I-like receptors (RLRs) in HSPC formation. Rig-I or Mda5 deficiency impaired, while Lgp2 deficiency enhanced, HSPC emergence in zebrafish embryos. Rig-I or Mda5 deficiency reduced HSPC numbers by inhibiting inflammatory signals that were in turn enhanced in Lgp2 deficient
Why No One Cares About Replacing Lost Keys To A Car
lost my car keys what do i do
check details
Expanding and reprogramming the genetic code of cells for the incorporation of multiple distinct non-canonical amino acids (ncAAs), and the encoded biosynthesis of non-canonical biopolymers, requires the discovery of multiple orthogonal aminoacyl-transfer RNA synthetase/tRNA pairs. These pairs must be orthogonal to both the host synthetases and tRNAs and to each other. Pyrrolysyl-tRNA synthetase (PylRS)/PyltRNA pairs
https://www.selleckchem.com/products/coti-2.html
Melo melo is an ecologically and economically important species of Neogastropoda, which is an ecologically diverse group of carnivorous marine gastropods. However, the taxonomic classification and phylogenetic studies have so far been limited. In this study, we report the second complete mitochondrial genome of Volutidae from M. melo. The mitogenome has 15,721 base pairs (68.3% A + T
wood burning stoves for sale
Contemporary Wood Burners
Wood stoves may appear identical from the outside, but a closer inspection uncovers important modifications that boost efficiency and reduce emissions to the air. This is good news for homeowners.
Open fires release carcinogenic particles
AdipoRon
Close associations between single-celled marine organisms can have a central role in biogeochemical processes and are of great interest for understanding the evolution of organisms. The global significance of such associations raises the question of whether unidentified associations are yet to be discovered. In this study, fluorescence-activated cell sorted photosynthetic picoeukayote (PPE) populations and single cells we
DDR1-IN-1
DSS, as compared to the other models. To our knowledge, this is the first study to use machine learning models to predict physician responses to alerts; furthermore, it can help to develop sophisticated CDSSs in real-world clinical settings.
Chronic heart failure (CHF) and chronic obstructive pulmonary disease (COPD) often coexist and are associated with a high morbidity and reduced quality of life (
http://www.babyfacepuppies.com/
Introduction to Teacup Chihuahua Coaching and Socialization Guidebook
Teacup Chihuahuas are small bundles of Pleasure that carry enormous happiness to their homeowners. Inspite of their tiny dimension, these canine have major personalities and involve correct education and socialization to thrive as well-behaved co
dual fuel range cooker with hot plate
Bring Professional Style and Design to Your Home Kitchen With a Range Style Dual Fuel Cooker
Bring professional style and design to your kitchen by installing the range-style dual fuel cooker. This powerful appliance combines electric and gas cooking features and oven controls in one appliance that is p
brands of fridge
The Finest Brands of Refrigerators
There’s nobody finest brand of refrigerator. However according to CR’s laboratory and study information, GE, Bosch, Whirlpool, and KitchenAid fridges are resilient and trustworthy.
GE has standard French door and side-by-side styles, along with high-tec
Y-27632 mouse
Various surface treatments on zirconia have been reported for dental porcelain veneer. However, it has not been determined which of these treatments provide the highest bond strength. The purpose of this study is to compare the effect of airborne particle abrasion and atmospheric pressure plasma treatment on the shear bond strength between zirconia and dental porcelain veneer. The groups were divided into four groups
buy african grey
Buy African Grey Cages
African Greys are an excellent pet bird for experienced bird owners. They are highly intelligent and require lots of time and stimulation.
It can become anxious and destructive when you leave an african gray unattended for a long period of time. It could also begin to scream out in an effort to attract attention.
<
selleck inhibitor
The Kapitza resistance (Rk) at the water-carbon nanotube (CNT) interface, with water on the inside of the nanotube, was investigated using molecular dynamics simulations. We propose a new equilibrium molecular dynamics (EMD) method, also valid in the weak flow regime, to determine the Kapitza resistance in a cylindrical nanoconfinement system where nonequilibrium molecular dynamics (NEMD) methods are not suitable.
Selleck VX-702
In order to study the effects of chlorine dioxide (ClO2) disinfection on the super antibiotic resistance genes (SARGs), the final effluents before and after chlorine dioxide were sampled throughout one year in a wastewater treatment plant (WWTP). The bacteria and extracellular nucleic acid were collected using microporous membrane filtration and nucleic acid adsorption particles, respectively. A total of 9 SARGs was d
silver dual fuel range cookers
Bring Professional Style and Design to Your Home Kitchen With a Range Style Dual Fuel Cooker
Dual fuel cookers bring professional style and elegance to your kitchen. This powerful appliance combines gas and electric cooking functions with oven controls to create a powerful appliance.
Ch
https://www.selleckchem.com/products/stf-083010.html
005). Our results indicate that DRUML accurately ranks anti-cancer drugs by their efficacy across a wide range of pathologies.TEM-1 β-lactamase degrades β-lactam antibiotics with a strong preference for penicillins. Sequence reconstruction studies indicate that it evolved from ancestral enzymes that degraded a variety of β-lactam antibiotics with moderate efficiency. This gene
boarding up wokingham
What is a 24 Hour Boarding Up Service?
A board-up service is an excellent way to protect your home from further damage resulting from natural disaster, accident or fire. It helps prevent further damage and keeps out trespassers from your property as well as debris, extreme weather, and other hazards until permanent repairs are completed.
<
this website
25%) leached into the washout solutions within 24 hours. In conclusion, activated carbon rapidly and successfully deactivated the medications tested, suggesting activated carbon-based drug disposal system provides a convenient, secure, and effective method for unused medication.The Egocentric Temporal Order (ETO) bias is the finding that self-initiated action-events are perceived as having occurred prior to simultaneous
Simnotrelvir
This systematic review aims to investigate the role of the oral microbiome in the pathophysiology of mental health disorders and to appraise the methodological quality of research of the oral-brain axis which is a growing interest area. The PRISMA guideline was adopted, to carry out an electronic search through the MEDLINE database, to identify studies that have explored the role of the oral microbiome in the path
learn more
The novel coronavirus SARS-CoV-2 (COVID-19) has rapidly emerged as a public health emergency. In the United States, “stay-at-home” orders have led to loss of social routines and the closing of restaurants and bars; as a result, sales of alcohol have increased. The aim of this study was to assess changes in alcohol use patterns as a result of social distancing measures.
A single onli
https://www.selleckchem.com/products/dotap-chloride.html
This article is protected by copyright. All rights reserved.
To determine the psychological resilience and perceived stress levels of healthcare workers in COVID-19 intensive care units.
The study was conducted with 418 physicians and nurses in Turkey between July and August 2020. The data were collected with
Smad activation
This paper examines the Court of Protection decision in Briggs v Briggs. It considers whether the approach of the Court, which gave effective decisive weight to a patient’s previously expressed wishes about whether he should be kept alive in a minimally conscious state, is a proper application of the ‘best interests’ test under the Mental Capacity Act 2005. It assesses whether the Briggs approach is effectively applying a ‘
https://www.selleckchem.com/
Musculoskeletal pain is a common chief complaint in primary care and contributes to disability and a loss of independence. Musculoskeletal pain can be a diagnostic challenge for NPs. A thorough understanding of the pathophysiologic processes involved can help clinicians link the clinical manifestations and treatment for musculoskeletal injury causing pain.
Musculoskeletal pain is a common chief complaint
STAT inhibitor
This study was designed to investigate the prevalence and characteristics of Salmonella in three Chinese pig abattoirs (A, B, and C) in Wuhan city in 2016. Four types of pig samples were collected and cultured for Salmonella. Salmonella was detected from 329 samples among the 1440 tested (22.9%). There was no significant difference in the overall prevalence between the first visit and the second visit and among the t
Selleckchem Enpp-1-IN-1
Recently, we have witnessed a shift in the nature of genetic testing. What was once solely in the hands of the scientific community is now easily accessible to anyone. Commercial companies such as Veritas Genetics, Ancestry, and 23andMe offer cheap direct-to-consumer home DNA kits that are branded as a “health and ancestry service.” These tests are gaining in popularity, and it is estimated that since th
in wall ethanol fireplace
Bioethanol Fire Media Wall
A bioethanol fire media wall provides an unique centerpiece that can be a stunning addition to lots of homes and organizations. They’re often a great choice for open-concept spaces and lofts.
They require no energy connections, venting, or flues,
graded dual fuel range cookers
A Stainless Steel Range Cooker Dual Fuel Can Transform Your Kitchen
A stainless steel range cooker dual fuel is a premium appliance that can transform your kitchen. You can find them from brands such as Thermador and Cafe Appliances.
include a gas stovetop and an electric oven to maximize the benefits of each. The gas cooktop fe
Ro 61-8048 concentration
high prevalence of clarithromycin resistance (see Visual Abstract, Supplementary Digital Content 1, http//links.lww.com/CTG/A342).
Anti-tumor necrosis factor (TNF) therapy is effective in inducing remission in Crohn’s disease in 60% of patients. No serological biomarkers are available, which can predict response to anti-TNF. We aimed to investigate serological markers of collagen turn
AZ32 ATR inhibitor
ociations may differ based on cognitive status. Future studies should investigate the hypothesis that sleep impairment mediates part of the association between specific personality traits and health-related outcomes.Polyploidy generally provides an advantage in phenotypic variation and growth vigor. However, the underlying mechanisms remain poorly understood. The tetraploid L. sino-americanum exhibits altered morpho
https://www.selleckchem.com/products/irak-1-4-inhibitor-i.html
The CAM model enables an in vivo analysis of the individual sub-steps of the metastatic cascade like local invasion, intravasation, or the establishment of metastasis in particular organs. Incubated fertilized chicken eggs are inoculated with human tumor cells and further processed for up to 9-10 days. The invasion and metastasis of these cells is then dete
Lixisenatide
Migraine with brainstem aura (MBA) accompanied by disorders of consciousness (DOC) is a rare subtype of migraine. The pathophysiology of MBA with DOC has not been elucidated yet. Some patients have a family history of migraine, and women are more affected than men. The aura symptoms are diverse; however, when MBA is combined with DOC, the clinical manifestations are more complicated. Coma is the most common clinic
Jackpot Slot
Slot online semakin populer di kalangan penggemar permainan judi, dan salah satu istilah yang sering muncul adalah “slot gacor”. Banyak pemain yang mencari mesin dengan tingkat kemenangan tinggi, atau yang sering memberikan hadiah. Dalam pencarian ini, Deluna4D telah menjadi salah satu platform yang menarik perhatian banyak orang. Di sini, Anda bisa menemukan berbagai jenis permainan slot yang menawarkan peluang besar untuk menang, serta b
adhd test adult
Adult ADHD Test – How to Identify Adult ADHD Symptoms
ADHD is a condition that is difficult to diagnose in adults. Therefore, it’s important to have the correct adult adhd test in place.
Many people who receive an ADHD diagnosis as an adult can be afflicted by a variety o
10 Private Adhd Assessment Uk-Related Projects That Stretch Your Creativity why are adhd assessments so expensive
selleck kinase inhibitor
12% sensitivity, 97.60% specificity, 97.60% recognition accuracy, and a false detection rate of 0.76 per hour in the invasive EEG dataset, which included 566.57[Formula see text]h of EEG recording data from 21 patients. Taken together, the results show that TD has a good detection effect for seizure classification and that this method has high computational speed and great potential for real-time
case battles
How to Succeed in CSGO Case Battles
CSGO Case Battles are an innovative and exciting way to earn valuable Skins. They’re a great alternative to the normal in-game opening of cases and offer a substantial profit margin. To be successful in the case fight players must take into consideration several aspects.
<b
boarding up services woodley
What is a 24 Hour Boarding Up Service?
A boarding-up service is a great method to protect your home from further damage following natural disaster, accident or fire. It stops further damage from occurring and keeps trespassers out as well as debris, extreme weather, and other hazards until permanent repairs are made.
<b
buy p-Hydroxy-cinnamic Acid
In this research, we compared the phenotypical characters, total anthocyanins content, total phenols content, and antioxidant activity of red-fleshed apple cultivars ‘XJ4’, ‘QN-5’, ‘DH’ and ‘HX1’ at three fruit developmental stages. A further flavonoids metabolites study was conducted in ‘XJ4’ and ‘DH’. We found broader variation of total anthocyanins content in the peel of the four cultiva
selleck chemical
A farm upbringing has been associated with lower risk of asthma and methylation of asthma-related genes. As such, a farm upbringing has the potential to transfer asthma risk across generations, but this has never been investigated. We aimed to study the generational effects from a parental farm upbringing on offspring asthma.
Our study involved three generations 5759 parti
Brigimadlin MDM2 inhibitor
Peatland rewetting aims at stopping the emissions of carbon dioxide (CO2) and establishing net carbon sinks. However, in times of global warming, restoration projects must increasingly deal with extreme events such as drought periods. Here, we evaluate the effect of the European summer drought 2018 on vegetation development and the exchange of methane (CH4) and CO2 in two rewetted minerotrophic fens (