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.
c1 zertifikat kaufen
Buy B1 Certificate to Become a German Speaker
Buy b1 certificate is an important step in the process of integrating and can result in more work, study and travel opportunities. It also helps you meet the requirements for a settlement permit or naturalization.
The B1 exam is the third level in the
Selleck Amenamevir
Artificial tongues have been receiving increasing attention for the perception of five basic tastes. However, it is still challenging to fully mimic human tongue-like performance for tastes such as astringency. Mimicking the mechanism of astringency perception on the human tongue, we use a saliva-like chemiresistive ionic hydrogel anchored to a flexible substrate as a soft artificial tongue. When exposed to as
TGF-beta Smad signaling
7 ± 3.8% (n = 3) in rice, respectively. The results on quantitative analysis were similar to that of LC-MS and better than that obtained by using immunoaffinity column (IAC) or molecularly imprinted polymer (MIP). This protocol provided an efficient access to high-efficient online specific recognition of ZEN in cereals by using such an aptamer-affinity capillary monolithic column. V.In this work,
See What Gas Safety Certificate Homeowner Tricks The Celebs Are Utilizing gas safety Certificate homeowner
selleck kinase inhibitor
Glutathione (GSH) is the main component of the mitochondrial thiol pool and plays key roles in the biological processes. Many evidences have suggested that cysteine and homocysteine also exist in mitochondria and are interrelated with GSH in biological systems. The fluctuation of the levels of mitochondrial thiols has been linked to many diseases and cells’ dysfunction. Therefore, the monitoring
selleck products
The issue of secondary pollutants represents a classic problem in the urea-based selective non-catalytic reduction (SNCR) process. Therefore, this study took to investigate the evolutions of secondary pollutants when including additives during the urea-based SNCR process. Results indicated that additives, namely hydrogen peroxide, sodium carbonate, and ethanol, clear improved denitration efficiency between 750 °C –
Pirinixic activator
oclopramide appears to be safer and longer acting than neostigmine in the Arabian horse breed. Ultrasonography is a valuable noninvasive tool for the quantification of intestinal contractility. Future studies should consider the use of various dosages of metoclopramide and administration routes and investigate its impact on horses with GI transit disorders and inclusion in colic post-operative ca
Selleck SR-4835
5% vs. 64.4%, P=0.848). Ischemia on myocardial perfusion imaging was the most predictive variable for a referral to invasive coronary angiography (odds ratio 31.8, 95% confidence interval 14.6-69.5, P less then 0.001). There was no significant difference between the younger and elderly patients in revascularization rate and adverse events until discharge (39% vs. 40%, P=0.99 and 7.1% vs. 8.8%, P=0.6, respectively).
cheap car key fob replacement
When to Get a Key Fob Replacement
The majority of new cars come with key fobs that allow you to unlock and allow the car to start. If you’re looking to replace yours be prepared for a costly replacement.
You can employ locksmiths to reprogram your replacement fob for a much lo
Selleckchem Tacrolimus
Importantly, these hAFSC-iPSC-CMs demonstrated low major histocompatibility complex (MHC) class I antigen expression and the absence of MHC class II antigens, indicating their low immunogenicity. The intramyocardial transplantation of hAFSC-iPSC-CMs restored cardiac function, partially remuscularized the injured region, and reduced fibrosis in the rat infarcted hearts. Therefore, hAFSC-iPSCs are
adult ADHD symptoms men
ADHD Symptom Test For Adults
If you feel agitated and often lose things, or if you find yourself unable to focus on something, you might require an ADHD evaluation. The evaluation is usually performed by a health care professional or mental health professional.
Your evaluator mig
Axel terrier welpen kaufen
Buy Cayden Yorkshire Terriers
It is crucial to include an opening paragraph that will draw the reader into your essay. It motivates the topic or topic that your essay will address and introduces your position on this issue.
Breeders may offer a guarantee or contrac
adhd testing online
ADHD For Adults Test
If you are suffering from symptoms of ADHD, a health care professional can help. They will work with you to find coping strategies, hold you accountable, and assist you in addressing the areas in your life that require improvement, such as maintaining jobs or smoothing relationships.
To be dia
Selleckchem Phlorizin
Generalist taxa on steel surfaces likely provide functional stability and biofilm protection for the community with limited functional trade-offs compared to surrounding environments. Further, characterization of a core steel microbiome increases the understanding of these complex steel surface microbial communities and their similarities to core microbiomes in other environments.The Núcleo de Es
CTx-648
The optimized formulation was observed to possess physical stability under different stress conditions and acceptable drug content. In vitro dissolution of optimized SS SMEDDS revealed a higher dissolution rate of CFZ as compared to native forms of CFZ. The permeability of CFZ from optimized SS SMEDDS across various excised segments of rat intestine was observed to be multifold higher as manifested by 2.05-fold high
PHA-793887 manufacturer
e., what we think others think of an agent) and (b) co-mentalizing mentalizing about an agent in conjunction with others’ mentalizing of that agent (i.e., conforming to others beliefs about another agent’s internal states). The weights of these four elements is determined by metacognitive insight and confidence in one’s own or another’s mentalizing ability, yielding a dynamic interaction between these cir
buy PMA activator
Mercury- Selenium concentrations were determined in 136 samples of Carcharhinus falciformis (Silky shark) sampled from the Chiapas coast, Gulf of Tehuantepec, Mexico during August 2014 – January 2015. Average Hg concentrations in neonates and juveniles (all values in μg g-1 w.w.) were found to be 0.115 and 0.129 respectively, below the maximum permissible limit of 1 μg g-1 set by the Mexica
African Grey Parrot
The Daughter of a Female
The daughter wanted to help her father’s parrot adjust his new life. She spent months trying to get him to taste new foods and get out of his cage. He was visibly unhappy with his surroundings.
The most effective method to differentiate between a female and male african grey parrot, is through DNA testing. This method is precise and
in the know
Britta Yorkshire Terrier Puppies For Sale
Yorkies are extremely active dogs who enjoy receiving lots of attention. They are smart easily trained and have strong bonds with their owners.
Because of their tiny bladders, they need to be
SH-4-54 in vivo
Bupivacaine and Levobupivacaine are frequently used local anesthetic drugs in spinal anesthesia practice. Both agents have arrhythmic effects on the heart. However, there is no clear information about which agent is more arrhythmogenic.
The aim of this article is to investigate the effects of bupivacaine and its S (-)-enantiomer, levobupivacaine, on cardiac arrhythmias in pati
TGF-beta Smad signaling
7 ± 3.8% (n = 3) in rice, respectively. The results on quantitative analysis were similar to that of LC-MS and better than that obtained by using immunoaffinity column (IAC) or molecularly imprinted polymer (MIP). This protocol provided an efficient access to high-efficient online specific recognition of ZEN in cereals by using such an aptamer-affinity capillary monolithic column. V.In this work,
deferoxamine inhibitor
The introduced oxygen significantly enhanced mesenchymal stem cell (MSC) survival without inducing ROS production under hypoxic condition. Co-delivery of MSCs and microspheres towards the mouse ischemic limbs ameliorated MSC survival, proliferation and paracrine effects under ischemic circumstances. It also notably ac
Selleck Avasimibe
Chronic pain syndromes cost the US healthcare system over $600 billion per year. A subtype of chronic pain is neuropathic pain (NP), which is defined as “pain caused by a lesion or disease of the somatosensory system,” according to the International Association for the Study of Pain (IASP). The pathophysiology of neuropathic pain is very complex, and more research needs to be done to find the exact mech
https://www.selleckchem.com/products/crenolanib-cp-868596.html
osome export.Pseudomonas aeruginosa has long been established as the most prevalent respiratory pathogen in Cystic Fibrosis (CF) patients, with opportunistic infection causing profound morbidity and mortality. Recently, Aspergillus fumigatus has also been recognised as a key contributor to CF lung deterioration, being consistently associated with decreased
robot hoover
The Best Robot Vacuum Cleaner For Your Home
This robot vacuum and mop is a step above our budget-friendly pick. It has self-emptying bins that are large and a wide range of top-of-the-line features. Its intelligent mapping and real-time hazard avoidance are impressive.
It can clean hardwood floors and maneuver around obstacles in the household. It also handles carpetin
Dansylcadaverine
t that the infrared thermography (IRT) might be useful as an adjunct assessment tool to evaluate the thermophysiological changes, which can be used to predict the complications caused by improper casting, over manipulative or stretching and casting-pressure related complications.Novel coronavirus (severe acute respiratory syndrome-coronavirus-2 SARS-CoV-2), which arose from Wuhan, Chi
best rated robot vacuum
How to Choose a Robot Hoover and Mop
Some robot mop vacuums also sweep. Others do both. The sweeping pads and dustbins should be cleaned regularly on robot mops that just sweep.
Those that mop also need their water tank to be kept full and their mops cleaned (o
online marketplace
We are happy with our dedication to providing high-quality property on the market in Sri Lanka for the previous 20 years. We at all times prioritize our customers’ satisfaction and keep their trust at each step of our journey to guarantee that your real estate wants are met with the utmost care and attention. These providers supply a hassle-free method to gauge your land’s baseline value and connect with serious consumers. By getting real,
leather sofas
Leather Vs Fabric Sofas
When you are looking for a leather sofa, keep in mind that quality is essential. Leather sofas are more easy to clean than fabrics and are less prone to staining.
Leather furniture appears elegant and authentic. To keep leather soft and supple, it is recommended that you apply leather conditioner at a minimum of two times per year.
<b
Savolitinib mouse
Values of
greater than 15.40 are considered high risk.
Rbr80 is an effective index to evaluate the pneumonia-associated risk from airborne bacteria. Values of Rbr80 greater than 15.40 are considered high risk.
The aim of the present study was to evaluate the performance of the simultaneous detection of HIV-1 RNA, HIV-1 DNA, and HCV RNA
click here
Aim Gene polymorphisms are critical in warfarin dosing variation. Here, the role of rare CYP2C9 alleles on warfarin doses in Chinese Han patients was investigated. Methods A retrospective study recruited 681 warfarin treated atrial fibrillation patients. The genetic and clinical data were collected. Dose-related variables were selected by univariate analyses and the warfarin-dosing algorithm was derived by
check details
Cancer cells perform a metabolic rewiring to sustain an increased growth rate and compensate for the redox stress caused by augmented energy metabolism. The metabolic changes are not the same in all cancers. Some features, however, are considered hallmarks of this disease. As an example, all cancer cells rewire the amino acid metabolism for fulfilling both the energy demand and the changed signaling routes. In these
Geldanamycin clinical trial
BACKGROUND Prematurity is the leading cause of mortality in children under 5 years of age globally and is also frequently associated with postnatal growth failure (PGF). Although most preterm births occur in low resource settings, little is known about their postnatal growth outcomes especially in rural areas. We evaluated the incidence and factors associated with PGF among preterm infants managed a
adhd online testing
ADHD Adult Test – Important Steps in Diagnosing Adult ADHD
During an ADHD test, your doctor will ask you questions about your personal and family background, your work and school performance, as well as your environment. They will also request your medical history and conduct an examination of your body.
A f
read more
nges in tumour size and the biomarker alpha-fetoprotein) and the deterioration of liver function is less in those who have the hepatitis C virus, than in those who do not.
Focal adhesion kinase (FAK) is a non-receptor tyrosine kinase upregulated in many tumor types and a promising target for cancer therapy. Here, we elucidated the functional role of FAK in intrahepatic cholangiocarcinoma (iCCA) develop
Phosphoramidon cost
62 (0.43,0.87). When being evaluated depending on the testing set, the association was still existed, and PCR model had excellent classification performance, in which area under the curve (AUC) was 0.88 (95% CI 0.78, 0.99). In addition, the model also had valid calibration with a non-significant Hosmer-Lemeshow Chi-square of 9.44 (P = 0.307) in the testing set. n-6 PUFAs were inversely assoc
Relacorilant
Both had second stem cell mobilization prior to ASCT2 with prior melphalan exposure. Four patients (15%) died before day 100. Progression-free and overall survival were significantly longer from ASCT2 for those who had durable remission after ASCT1 (≥5 years) and for those who did not receive therapy between ASCTs. ASCT2 is feasible and can produce favorable outcomes, especially among those with durable response t
OTUB2-IN-1 mw
Recent social media trends have demonstrated increased interest in dancing during the final weeks of pregnancy and labor. However, there is limited evidence about dancing during labor and its impact on labor pain and duration as well as patient satisfaction. Before conducting a prospective study, given that enrollment is often challenging, our feasibility study aimed to assess the willingness of pregnant women to p
this website
This variant was located in the acceptor region. Six of the variants were missense mutations. Additionally, six different benign variants were detected in 30 patients; however, they were not associated with ASD. Two patients carried multiple rare variants.
and
functional analysis with this gene will help to understand its contribution to ASD pathogenesis
Bruno mini yorkshire terrier kaufen
Britta Yorkshire Terrier Puppies For Sale
Yorkshire Terriers first gained acclaim as fashionable lap dogs in the Victorian period in England. They are brave, energetic and spirited dogs who thrive on the attention of others.
They possess a stro
EGFR inhibitor
The field-induced superconductor-insulator transition (SIT) in two-dimensional (2D) systems is a famous example of a quantum phase transition. However, an emergence of an anomalous metallic state induced by field has been a long-standing problem in 2D superconductors. While theories predicted that the emergence is attributed to strong phase fluctuations of the superconducting order parameter due to quantum fluctuations, usu
related
African Grey For Sale
African greys are intelligent birds that can mimic a variety of words. They are among the most popular pet birds.
They need to be able to enjoy regular human contact and they should spend extended periods of time out of their cages. They view their human family as their own and will bond extremely closely.
<br
Bicuculline
The difference between measurements was small at immediately post and 5 minutes post. The Bayes factors were in the direction of the null but did not exceed the threshold needed to accept the null hypothesis. However, at 5 minutes post, the differences were within the range of practical equivalence (within ± 4.6%). PRINCIPAL CONCLUSIONS Our findings suggest that changes in limb occlusion pressure measured by hand-he
mini biewer yorkshire terrier kaufen
Buy Mini Biewer Yorkshire Terrier
Biewer Yorkshire Terriers (sometimes referred to as “Biewer Yorkies”) are relatively new to the dog world. The breed was born when two Yorkshire Terriers carrying a recessive gene for piebaldness created a unique pied puppy.
<b
selleck kinase inhibitor
Also we found that DERA4 could induce the production of Reactive oxygen species (ROS), the common signal of senescence and stress responses, which gives us the clue that DEAR4 may play an integrative role in senescence and stress response via regulating ROS production. Copyright © 2020 Zhang, Li, Gao, Xu and Guo.Plant genomes vary greatly in composition and size mainly due to the diversity of repetitive DN
Z-VAD-FMK mouse
Background Coronavirus disease 2019 (COVID-19) is a global pandemic caused by the Severe Acute Respiratory Syndrome Coronavirus-2 (SARS-CoV-2). Since the outbreak, the disease has caused more than 60,502 deaths worldwide. Lian-Hua Qing-Wen Granule (LHQWG) is widely used in treating COVID-19 in China. However, there is no evidence that LHQWG is effective for COVID-19. Methods and analysis A comprehensive litera
severe macaw
How Much Does it Cost to Buy a Macaw?
The purchase of a macaw is expensive. If you adopt from a shelter or rescue the cost of adoption can be considerably less.
You must also consider the regular costs of food toys, vet care, and cage or aviary. Macaws are also flock species and require constant attention.
You
VX-745 nmr
This study was carried out on patients with diabetic foot ulcer (DFU) to assess the clinical characteristics, spectrum of microbial flora, antibiotic sensitivity, and devise an empiric antimicrobial therapy.
Clinical data and tissue samples were collected from 105 diabetic foot ulcer patients between December 2018 and November 2019. The collected samples were processed as per Clinic
VX-478 clinical trial
Several clinical studies have shown that exposure of skin to solar ultraviolet (UV) radiation causes adverse effects, such as inflammation, oxidative stress and DNA damage. As a result, different skin disorders can arise among which skin cancer, including non-melanoma skin cancer (NMSC) and melanoma (MM). Phenolic compounds are plant-derived secondary metabolites with a well-known antioxidant ac
https://www.selleckchem.com/products/pj34-hcl.html
Docking simulations of ACP to castor Δ9-desaturase and ivy Δ4-desaturase suggest that ACP desaturase interactions could lead to a preferential selection between the motifs.The blood-brain barrier (BBB) is a highly restrictive barrier that preserves central nervous system homeostasis and ensures optimal brain functioning. Using BBB cell assays makes it possible to investigate wheth