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.
ktv789
เว็บไซต์คาสิโนยอดฮิต สามารถสืบย้อนกลับไปได้ เมื่อมีการเปิดตัวเว็บพนันออนไลน์ที่แรก ซึ่งถือว่าเป็นการปูทางไปสู่ยุคสมัยใหม่ของการเล่นเกม ช่วยทำให้ผู้เล่นทั่วทั้ ้าถึงรวมทั้งเพลิดเพลินเจริญใจกับเกมคาสิโนที่พวกเขาชอบพอได้จากที่บ้านของตน รวมค่ายคาสิโนชั้นหนึ่ง ได้รับการพัฒนารวมทั้งปรับปรุงแก้ไขตลอดมา ทำให้ผู้เล่นได้รับประสบการณ์ที่ไม่มีผู้ใดเทียบเคียงได้ ในเนื้อหานี้ พวกเราจะมาตรวจสอบความเป็นมาของคาสิโนออนไลน์รวมทั้งแนวทางที่คาสิโนออนไลน์พว
best robot cleaner
The Best Automatic Vacuum and Mop Combos
The top robot vacuum and mop combos let you cross two chores off your list (three, if you count digging the Swiffer out of storage). They offer smart home integration, self-charging, virtual boundaries and a variety of cleaning modes.
The navigation features of our top picks are the most advanced with the top
Nam doc mai mango
The timing of this will range relying on your pot measurement and variety of tree. Mango bushes require full solar, meaning a minimum of eight hours of direct daylight on most days. Their flower and fruit production will suffer if they don’t get enough mild.
Also, notice that the sap, bark, or fruit pores and skin may be toxic to folks. may be used to make juices, mango nectar,
wall bioethanol fireplace
How to Select the very best Wall Mounted Bioethanol Fires Inside
Ethanol wall fireplaces are a terrific way to enhance your home. They are simple to set up and can be recessed or mounted onto the wall.
Nevertheless, before you acquire a bio ethanol fireplace it is very impo
adult treatment for adhd
Adult ADHD Treatment
Adults suffering from ADHD struggle more than children due to a number of reasons: childhood safeguards that helped them overcome impulsivity and inattention to be able to perform the socially required, but basic requirements of everyday life are no longer offered. Behavioral psychotherapy and medications can help.
Psychot
텐텐벳주소
슬롯 머신 및 팁을 위한 전략
포커 및 기타 게임과 달리 슬롯 머신은 완전히 무작위입니다.
다시 말하겠습니다. 완전히 무작위입니다.
무엇을 해야 할지 알 때 효과적인 전략을 세우고 가장 많은 승리를 거두고,
또한 게임은 재미있고 즐겁게 플레이해야 합니다.
슬롯 머신을 플레이하려면 먼저 자신에게 맞는 게임을 선택하세요.
배당률, 최소 및 최대 베팅, 잭팟 정보를 미리 알고 있는지 확인하십시오.
다음 단계는 이 모든 정보를 기반으로 가장 적합한 게임을 결정하는 것입니다.
유형의 슬롯을 사용할 수 있으며 각 회사에는 다
11 Creative Methods To Write About Compact Treadmill With Incline best compact treadmill with Incline
thor311
bila anda benar-benar berkeinginan untuk bermain perjudian slots online selanjutnya anda dapat mencoba lebih bijaksana jalankan permainan itu, karenanya lantas anda harus dapat mengenali terkait sikap bijaksana apakah yang mesti dipunyai. di saat anda dapat ketahui perihal sikap bijaksana apa yang penting dipunyai, karena itu dengan demikian anda dapat mendapat banyak keringanan serta keuntungan.
beberapa pengg
slot deposit pulsa
In the world of online gaming, innovation is key to improving the player experience. One such breakthrough that has garnered significant attention is Slot Deposit Pulsa—a convenient payment method that allows players to fund their online slot gaming accounts using mobile phone credit (pulsa). This payment system has revolutionized the way players engage with online slots, making the process faster
fuhrerschein-kaufen-ohne-vorkasse
How to Buy a Driving License
Buying a driving license is a multi-step process that involves the fulfillment of eligibility requirements, studying traffic laws, practicing under supervision as well as passing the written and road test, and finally getting your driver’s permit. The cost varies based on the
bioethanol fire media wall
A Wall Mounted Bioethanol Fire
A wall mounted bioethanol fire is an excellent method to include an elegant and safe function to your home. It is simple to set up and can be hung at eye level or greater for a centerpiece. It also doesn’t need a chimney or ventilation.
slot pulsa tanpa potongan
In the world of online gaming, innovation is key to improving the player experience. One such breakthrough that has garnered significant attention is Slot Deposit Pulsa—a convenient payment method that allows players to fund their online slot gaming accounts using mobile phone credit (pulsa). This payment system has revolutionized t
https://www.fileviewpro.com/en/file-extension-mts/
File View Pro is a flexible software solution engineered to simplify file management and provide effortless access to a variety of file formats. Among its notable features is the ability to handle MTS files, which are associated with HD video content captured by AVCHD camcorders. As a leading tool in its category, FileViewPro excels for its effortless ability to open MTS files
cyclosporina inhibitor
The molecular results of this study suggest that quercetin treatment may possibly not be advantageous for increasing stamina exercise overall performance, at the very least after high-dose and temporary therapy.Purified myelin membranes (PMMs) are the beginning product for biochemical researches, from individual components as much as the isolation of detergent-resistan
bioethanol fire media wall
Bioethanol Fires For Media Wall
Wall mounted bio ethanol fireplaces require appropriate website prep and cautious assembly. Follow all manufacturer guidelines for fueling, ignition and flame control.
Whether built into a media wall, a bookcase or included in an existing recess
corporation directory
Workable? I am not sure. I studied some economics in university and am occasion stockbroker, but this stuff is still above my pay primary. I think ideas like this, though, are worth considering. This unique idea seems better expertise than merely stealing money from wealthy with higher taxes. A few money to the people, not the governing. corp filings Plus, it’s not a free gift
sneak a peek at this web-site
The Best Metal Bunk Beds
This bed is ideal for those who prefer a sleek, timeless look. The central ladder design makes it easier to get in bed.
Families with growing kids This bunk bed is able to accommodate full mattresses as well as an trundle for sleepovers. It’s also less expensive than other wooden models.
<br
답지공부방법
No matter how long it may seem to take or what you have to go through in the process, don’t ever give up on your collegiate career! In the heat of the moment, something or someone may hold more appeal than all the studying and endless exams, but in the end, that certificate of graduation will be well worth whatever you have to do to get it.
Study as much as possible every day. Time spent on education will
FAQ Section
Introduction to Teacup Chihuahua Coaching and Socialization Manual
Teacup Chihuahuas are small bundles of joy that deliver huge pleasure for their owners. Inspite of their modest size, these puppies have huge personalities and require correct education and socialization to prosper as well-behaved companions. Whether you’re a initially-time proprietor or skilled with canines, being familiar with their exclusive desires
slot pulsa tri
In the world of online gaming, innovation is key to improving the player experience. One such breakthrough that has garnered significant attention is Slot Deposit Pulsa—a convenient payment method that allows players to fund their online slot gaming accounts using mobile phone credit (pulsa). This payment system has revolutionized the way pla
slot deposit pulsa
The world of online gaming is evolving, with new and innovative ways for players to enjoy their favorite games right from their mobile devices. One of the most exciting trends that has emerged recently is Slot Pulsa Tri, a concept that combines the thrill of online slot gaming with the convenience of mobile phone credit, or pulsa, provided by Tri, one of Indonesia’s leading telecommuni
adult add treatments
Treating Add
Treating add involves medications as well as counseling and education. for attention deficit disorder (ADD) are usually stimulant drugs such as methylphenidate, amphetamine and dextroamphetamine-amphetamine (Adderall XR, Vyvanse). Non-stimulants include atomoxetine as well as guanfa.
Counseling for adults suffering from AD
visit this web-site
Hawkeye Inspections, a premier property inspection service in New Zealand, is committed to ensuring the security, value, and excellence of residential and commercial properties. With a target detailed, thorough inspections, Hawkeye Inspections aims to deliver clients using the information they should make informed property decisions.
Comprehensive Inspection Services
<b
best built in bunk beds
How to Choose the Best Bunk Bed With Slide
A bunk bed with slide transforms a bedroom into a fun and exciting play space. The sturdy construction and safety guardrails ensure a safe sleep. the storage stairs are convenient and provide twin mattresses without the necessity of a box spring.
<b
Đánh giá chi tiết ghế massage Azado
Đệm dày vừa nên, ko bị túng bấn hoặc nóng, cảm giác mượt mịn nâng tầm trải nghiệm. Tại AZADO, tất cả các mẫu ghế mát xa chứ ko chỉ riêng biệt mẫu A266, đều dùng hóa học liệu da ghế Microfiber cao cấp – chủng loại da mô phỏng da thiệt, giống như đến 90%, đem đến cảm hứng êm ả, mượt mịn khi nằm. Vỏ ghế thì sử dụng chất liệu vật liệu bằng nhựa ABS nguyên sinh thân
casino
As long as you can get a computer you can begin to play online games 24hrs a day, it no matter where tend to be or scorching. If you happen to own a portable lap top computer you can play any game opt for while through the move, a lot more are you restricted to set hours or locations.
<br
look at here now
Buy a Driving License – What Classes Are Available?
The first step in purchasing a driving license is to figure out the best class for your particular situation. I have helped countless people from Buffalo to Montauk get their driving licenses. I am aware of the distinctions between classes and how that affects your ability to safely drive.
<br
long hair chihuahua puppies for sale near me
Exceptional Coat Colors and Designs in Chihuahuas Introduction
Chihuahuas are The most beloved Canine breeds, not merely as a result of their charming personalities but also because of their spectacular variety of coat colours and patterns. These small companions are available an assortment of one of a kind and uncommon typ
stylish wallet chains to complement every outfit
tend to be more than just functional accessories; they’re some sort of perfect way to show off your unique type and stand out there in a crowd. In Statement Collective, you’ll find an impressive collection of wallet restaurants designed to raise your accessory game in addition to bring a striking flair to your outfit. Whether you’re searching for a sleek, contemporary des
Purchase Red Vein Kratom Online
Kratom has emerged as a captivating topic of discussion, drawing both intrigue and skepticism from various corners of society. Derived from the leaves of the Mitragyna speciosa tree, native to Southeast Asia, this herbal remedy has been utilized for centuries by local populations for its stimulating and soothing properties. As interest in natural alternatives to pharmaceuticals continues to r
best built in bunk beds
The Best Bunk Bed Brands
Some bunk beds have easy-to climb stairs instead of ladders. This can be safer for children who are young and anyone who struggles to climb a ladder. Stairs also take up more space and may cost more.
Some models have an adjustable trundle which can be put under the bun
Al Fakher disposable vape device maintenance
Vaping offers evolved into a good art form, using myriad choices available to enthusiasts seeking flavor, satisfaction, and convenience. Among the thrilling innovations in the vaping market, the Al Fakher Top Bar 8000 Puffs Disposable Vape is an acronym out being an impressive option that integrates premium quality with the impressive puff count. Known for its shisha-inspired designs and rich flavors, Way Fakh
slot deposit pulsa
In recent years, mobile gaming has surged in popularity, offering a fun and easy way for people to unwind and potentially earn rewards from the comfort of their homes. One such innovation that has made waves in the Indonesian market is Slot Pulsa Indosat. This unique concept blends online slot gaming with mobile phone credit systems, making it an accessible and exciting option for both casual and dedicated gamers.
<b
see here now
Best Cheap Bunk Beds
If you are limited on space, choose a bunk bed with clever storage. There are many options that have drawers on the bottom to store clothes or toys or twin beds that stack and can be separated later on and much more.
Stairs can take up more space however, they’re generally safer
Your Worst Nightmare About Why Are The Glaceous Macaw And Hyancith
Macaw So Alike Come To Life glaucous Macaw
click the following article
The Best Robot Vacuum Cleaner
Robot vacuums can make the chore of vacuuming less painful. Modern models can also mop and even climb (small) steps.
Some have a small bin that they empty on their own. Others can be controlled via a smartphone app rather than the physical remote. Some models have mapping features that assist in navigation.
https://www.thisdaylive.com/index.php/2024/07/07/pastor-chris-nephew-earns-doctorate-degree
A Wonderous Lineage
The Man Of God Reverend Chris Oyakhilome has millions of followers. Pastor Chris Oyakhilome Christ Embassy is an immense Christian family that spreads messages of love, hope and hope. As with all supportive families are, they’re close in many
bioethanol fire media wall
Bioethanol Fire Media Wall
A offers an unique focal point that can be a lovely addition to numerous homes and companies. They’re typically a great choice for open-concept spaces and lofts.
They require no utility connections, venting, or flues, making them easy to set up in a variety of
https://ratusetia.com/
suatu arahan singkat untuk anda seseorang pemain slots online pemula! buat anda banyak pemain slots pemula, butuh anda pahami lebih dulu sebenarnya permainan ini tak selamanya jadi sumber inti dari kebahagiaan yang hadir di hidup anda. begitu banyak hal yang wajib jadi perhatian saat anda main perjudian online lebih dulu. jangan sampai merasa ringan perjudian online ini karena sebetulnya permainan ini cukup susah.
an
adult add treatments
How to Treat Adult ADHD
A holistic approach is the most effective treatment for adult adhd. It could include individual talk therapy and medication management, as well as family or group therapy.
Individual talk therapy may help you deal with emotional issues that may cover ADHD symptoms. This includes embarrassment over memor
텐텐벳도메인
바카라 카지노 슬롯 커뮤니티에서 최고의 슬롯머신을 선택하기 위한 팁입니다.
신뢰할 수 있는 웹사이트에서만 플레이하는 것부터 시작하세요.
입금 후 배팅이 이루어지므로 카지노 커뮤니티에서 높은 평가를 받는 슬롯 사이트만 이용하셔야 합니다.
둘째, 고객 서비스.
고객은 특히 한 번에 여러 카지노 게임을 할 때 고객 서비스 센터에 의존하는 많은 이유가 있습니다.
게임을 빠르게 플레이하는 방법을 배우고 싶다면 빠른 피드백을 제공하는 회사를 선택하세요.
번째 공급자는 최고 수준의 소프트웨어를 제공하는 Bakara Casino Slot입니다.
안전한 슬롯 사
facilities management Auckland
At its core, building management features a massive amount responsibilities aimed at maintaining the physical integrity and functionality in the structure. This includes regular inspections to build systems including HVAC (Heating, Ventilation, and Air Conditioning), plumbing, electrical, and fire safety systems. Timely repairs and preventive maintenance activities are conducted to attenuat
best robot floor cleaner
How to Find the Best Budget Robot Vacuum
A bargain robot vacuum is a steal. Beware of the maintenance costs that could be more than you anticipated: tangles in brushes, clogged air inlets and emptying dust bins will quickly transform your dream of automated cleaning into a chore.
For a lot of people the most affordable robot is the
robotic vacuum cleaner
Buying a Budget Robot Vacuum
Cheap models can perform well even though more expensive robots can take in more dirt and hair. Be sure to check the specifications for clearance and dirt storage, as well as whether the machine can connect to a home assistant like Alexa.
The Dreametech D10 Plus, a mid-range bot, is among the few
5 Killer Quora Answers On Trucking Attorneys Near Me Trucking Attorney
car locksmiths in bedfordshire
Car Locksmiths Bedfordshire
Losing or breaking your car keys is a bothersome and frustrating experience. Expert auto locksmiths can help you return on the road quickly and economically. They offer a series of services, from key fob replacement to replacing ignition systems.
<b
10 Things That Your Family Teach You About Managing ADHD Without Medication adhd Without medication (linkvault.win)
browse stylish earrings for men and women
If you’re on typically the hunt for diamond earrings that blend beauty, modernity, and some sort of bold sense of style, Statement Collective has you included. With a series that caters to all tastes, you’ll find the ideal pair to increase your look and help make a lasting effect. Whether you’re looking for subtle designs or perhaps bold statement items, their range provides somethin
Guide To Best Automatic Vacuum And Mop: The Intermediate Guide For Best Automatic Vacuum And Mop best automatic vacuum And mop
3 seat fabric sofa
Buying a 3 Seater Fabric Sofa
Sofas are among life’s big purchases, so you want to get it right. That indicates discovering a style that fits your area and is comfy to rest on for several years to come.
OKA’s Aberdeen Sofa (PS2,295) will please traditionalists with its scroll arms and wooden feet, while t