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.
This is my first time i visit here. สมัครชื้อล็อตเตอรี่
You’ve almost got it. BOLA99
adhd treatment for adults online
ADHD in Adults Symptoms and Treatment
A medical professional can help adults with ADHD. They will inquire about issues at work and at home and also any other issues.
They’ll also look for a history of childhood ADHD symptoms, looking at old school report cards and talking w
https://iviwall.com/
Sebuah perjudian online sekarang ini udah tersebarkan luas sampai ke penjuru dunia serta kesegala mancanegara. Hal tersebut karenakan perjudian telah dapat dipercaya sudah lama bias bisa memberi keuntungan yang lumayan besar serta banyak ke seluruhnya pemainnya. Hal tersebut yang anda kenali jika sudah banyak yang memberikan bukti. Dari bermain judi online, banyak orang sebagai seorang yang kaya. Dari abad dulu perjudian memang sudah ada s
https://juicyfluffy.com/
untuk banyak pemain pemula yang demikian menggemari taruhan judi slots online, karena itu baiknya saat sebelum mengawali taruhan itu kerjakan penyiapan lebih dulu. dengan penyiapan itu, maka simpel buat beberapa pemula untuk temukan kelapangan saat bermain. maka dari itu kemungkinan menang bakal ada selalu untuk mereka.
penyiapan modal buat main
betaruh baiknya menyiapkan modal buat bermain. d
10ft Storage Containers
A 10ft Storage container is a safe and weatherproof way to store your construction materials, gardening equipment and lawns, or other things. The locking system blocks unauthorised access, while the ventilation ports promote airflow to keep your items safe from extreme temperature and moisture.
Food vendors and pop-up shops find that containers
registrierten führerschein kaufen ohne anzahlung
Buy Registered Driving License Online
If you’re a new driver, you must pass the road test to get your license. If you’re moving from another state, you’ll also have to satisfy the training and testing requirements. After you pass the test you will be issued an i
superslotmax
เว็บไซต์สล็อตไม่ผ่านเอเย่นต์ หรือที่รู้จักกันในชื่อสล็อตเปรียบเสมือนหรือสล็อตอินเทอร์เน็ตได้เปลี่ยนเป็นหนึ่งในแบบการเดิมพันออนไลน์ยอดนิยมรวมทั้งมีผลกำไรสูงที่สุด สล็อตแมชชีนแบบเริ่มแรกเวอร์ชันดิจิทัลกลุ่มนี้ให้โอกาสให้ผู้เล่นได้รับรางวัลใหญ่ ้านของตน ในเนื้อหานี้ พวกเราจะเจาะลึกประวัติความเป็นมาของสล็อตออนไลน์ ปรึกษาเกี่ยวกับแ
ndax login
https://iviwall.com/
Satu diantaranya pertanyaan pertama kali yang ditanya merupakan terkait apa sich kelebihan dan keuntungan yang dapat kita dapatkan dan peroleh kalaupun kita coba tergabung dan bermain dalam perjudian online gunakan fitur berbasiskan handphone mobile. Anda coba tanya dari mereka yang telah eksper, mereka bisa menolong anda untuk dapat jawab pertanyaan itu sebab mereka barangkali sudahlah banyak yang tunjukkan sendiri beraneka kelebihan sert
helpful hints
Modern Wood Burners
Modern wood burners are a blend of elegant designs, efficient heating and eco-consciousness. They are a great addition to any home and can provide an alternative source of heat in the event of a power outage.
They are more efficient at heating rooms than fireplaces and emit significa
adhd treatment for older adults
ADHD Symptoms in Adults
If symptoms persist you should take a look at medical or mental health treatment. Some physical health conditions and stress can trigger symptoms that are similar to ADHD.
Treatment options could include medication or lifestyle cha
wood burning stoves for sale
Wood Burning Stoves For Sale
Wood stoves are beautiful and efficient way to heat your home. They come in a variety of styles to complement any design style and are carbon neutral.
If you reside in a smoke-free zone, you’ll want to choose an approved wood stove that is EPA-certified. They
thor 311
blog judi slots online yang bonafide itu jelas punya beberapa syarat-syarat khusus. beragam syarat-syarat itu akan membikin betaruh menjadi bertambah gampang untuk peroleh keuntungan dan kemenangan. dengan mendalami syarat-syarat – persyaratan yang ada, seluruhnya akan menjadi bertambah gampang. di bawah ini yakni beberapa syarat-syarat inti dari web judi slots online yang paling tepercaya.
permainan yang banyak
<
expert in psychiatric assessment
How to Get a Psychiatric Assessment
Psychiatric examinations can help people arrange out their thought patterns, understand how mental health issue develop and connect them to proper treatment. In many cases, the examination can likewise recognize medical conditions like thyroid illness that may appear to be mentally based but are actually physical in nature.
<br
family court psychiatric assessment
The Background of an Initial Psychiatric Assessment
Taking the initial step to look for treatment for mental disease is a brave, respectable and important one. The preliminary psychiatric assessment is a chance for you to interact your issues, questions and worries to your psychiatr
pg333
สล็อตไม่มีอย่างต่ำ ได้แปลงเป็นหนึ่งในแบบการเดิมพันออนไลน์ยอดนิยมเยอะที่สุดในตอนไม่กี่ปีให้หลัง ด้วยกราฟิกที่มีชีวิตชีวา แบบอย่างการเล่นที่น่าสนใจ รวมทั้งโบนัสที่น่าระทึกใจ ก็เลยไม่น่ ี่เกมกลุ่มนี้ได้รับความพอใจจากผู้เล่นจำนวนหลายชิ้นทั้งโลก แต่ว่าพวกเขามาจากไหน คุณจะค้นหาเว็บสล็อตประสิทธิภาพสูงโดยไม่ต้องผ่านผู้แทนได้เช่นไร สล็อตทรูมันนี่ แล้วก็ส
registrierten führerschein kaufen ohne anzahlung
How to Get a Driving License in Germany
Germany is a car-friendly country that has lots of parking spaces and well-maintained autobahns. It is crucial to understand the rules prior to driving in Germany. You must pass the written test before taking the practical test.
<br
https://hourglasssurgerycenter.com/breast-implants-houston/
Breast Implants in Houston: Everything You Need to Know
Houston is a leading destination for breast augmentation, offering advanced surgical options, skilled surgeons, and cutting-edge technology. Whether you’re seeking a subtle enhancement or a dramatic transformation, this guide provides all the essential details about breast implants in Hous
führerschein kaufen deutschland
How to Get a Driving License in Germany
Germany is a country that allows cars with efficient autobahns as well as plenty of parking space. It is crucial to understand the rules before driving in Germany. You must pass the written test before taking your test in the practical.
เข้าแหล่งทำเงิน เปลี่ยนเป็นการปรากฏในโลกของการเดิมพันออนไลน์ โดยเปิดโอกาสผู้เล่นสำหรับการชนะรางวัลใหญ่ในระหว่างที่เพลิดเพลินใจไปกับประสบการณ์การเล่นเกมที่น่าเร้าใจแล้วก็ประทับใจ ด้วยความเจริญก้าวหน้าของเทคโนโลยี สล็อตได้เงินไว เครื่องสล็อตเหมือนจริงกลุ่มนี้ได้ปรับปรุงจากเกม 3 รีลปกติไปเป็นวิดีโอสล็อตระดับสูงที่มีกราฟิก แอนิเมชั่น รวมทั้งคุณลักษณะโบนัสที่ทันสมัย ในเนื้อหานี้ พวกเราจะเอ่ยถึงธุรกรรมทางด้านการเงินที่เกี่ยวเนื่องกับการเล่นสล็อตออนไลน์ แนวทางสร้างรายได้ให้กับเว็บ การยินยอมรับ
lowest price
Comprehending the Cost of Private Psychiatric Assessment
A personal psychiatric assessment can be a valuable action on your mental health journey. It can provide a personalized method to treating your condition and help you understand it on a much deeper level.
Your health insurance coverage may cover
10ft Storage Containers
Using Confined Space Containers to Prevent Hazards
Confined spaces are unique environments that could pose numerous dangers. These include oxygen deficiency, toxic atmospheres, explosive atmospheres, and physical hazards.
These restricted areas may also cause communica
789club
The online casino games are of types. The original type uses web based interfaces whereas the second type uses downloadable interfaces only. In web based interfaces the members can participate in the online casino games directly in region computer system, without downloading any additional software. Regarding second type software really should be essentially acquired. Online casino w
https://wayparkz.com/
sebuah saran singkat buat anda seorang pemain slots online pemula! buat anda beberapa pemain slots pemula, penting anda pahami lebih dahulu sebetulnya permainan ini tak selamanya jadi sumber khusus dari kebahagiaan yang hadir di hidup anda. banyak sisi yang wajib menjadi perhatian saat anda main perjudian online terlebih dulu. jangan sempat memandang mudah perjudian online ini sebab sesungguhnya permainan ini cukup susah.
casino
Money in a bonus could be used weren’t single player games. Included such common games as slot machines and video poker machines. These types of things that need only one player and will not have efficient with others except for everyone who in order to chat with each other within site.
To avoid going for the unreal casinos, you require discover th
comprehensive psychiatric assessment
What is a Psychiatric Assessment?
A psychiatric assessment is the procedure of learning more about your psychological health symptoms. This is done through an interview. Generally, questions are inquired about look and behaviour, speech, state of mind and impact, thought material
führerschein kaufen legal
How to Buy a Driving License Legally in Germany
The process is fairly easy if you hold an official driving license from Australia, Canada or the USA. You will still have to pass a theory test and an actual driving test.
The standard German driving license (fuhrerschein) that is a plastic card confor
expert in psychiatric assessment
Mental Testing and Assessment – Find a Psychiatric Assessment Near Me
Much like a medical physician may buy an X-ray or blood test, a psychologist can utilize psychological tests and other tools to assist comprehend the causes of your symptoms. A skilled mental health specialist, such as the team at RobinsP
king33
If are a shy quiet person, then a busy casino is not for you. On a busy table, there might just be a lot of noise and also people pushing and pushing. At times it can be difficult to acquire near the table to put your bets. At home, you can play quietly on really own without all of the hassles that we’ve stated previously.
You additionally be access simulated casino games from conte
123leo
บาคาร่าไม่ผ่านเอเย่นต์ หลายที่เสนอเครดิตฟรีปริมาณหนึ่ง ให้กับผู้เล่น เพื่อใช้บนแพลตฟอร์มของตนเอง ซึ่งช่วยทำให้ผู้เล่นศึกษากฎ รวมทั้งกลอุบายของเกมได้โดยไม่ต้องเสี่ยงเงินจริง ได้ผลสำเร็จให้ผู้เล่นได้รับประสบการณ์อันมีค่ารวมทั้งความมั่ ื่อมั่นก่อนจะลงทุนเงินของตัวเอง นอกเหนือจากนี้ เครดิตฟรีพวกนี้ยังคงใช้สร้างผลกำไรได้อีกด้วย เมื่อคุณเล่นด้วยเครดิตฟรี คุณจะปราศจากความบีบคั้นที่จะจำเป็นต้องชนะ บาคาร่าเล่นง่ายจ่า
hihuay
หวย หรือที่รู้จักกันในชื่อ “Huaizhi” หรือ “เกมดอกไม้” เป็นเกมลอตเตอรีออนไลน์ที่ได้รับความนิยมยอดนิยมอย่างล้นหลามในกลุ่มผู้เล่นทั่วทั้งโลก พนันสลากกินแบ่ง มีต้นกำเนิดจากจีน แล้วก็เดี๋ยวนี้ได้เข้ามาอยู่ ์แล้ว และก็มอบแพลตฟอร์มใหม่ที่น่าตื่นตาตื่นใจให้ผู้เล่นได้ทดลองเสี่ยงดวงแล้วก็ครอบครองรางวัลใหญ่ ผู้เล่นคนจำนวนไม่น้อยแถลงการณ์ว่าได้รับเงินเยอะแยะจากโปรโมชั่นพวกนี้ รวมทั้งสามารถถอนออกมาจากบัญชีได้โดยง่าย
how to open XML file in readable format
File Magic Utility is a fully integrated file-governance tool crafted to improve how individuals engage with a wide spectrum of file arrangements, providing a user-oriented operational framework and reliable characteristics to amplify workflow efficiency. Among its diverse strengths, The FileMagic application is particularly skilled at working with XML
small wood stove
Why Choose Wood Burner Stoves?
Recent negative press hasn’t hindered wood burning stoves from being a great choice for many households. They are a self-contained source of heat that will remain in operation in the event of power interruptions.
Wood is carbon neutral becaus
https://decidem.primariatm.ro/profiles/tg88studio/
Roulette – There are six players at the table. Each player emerges his or her own color of chips, therefore the dealer can identify the golfer by his color. fun4friends.com/profile-3501229 on the table, wherever you in order to bet. Some situations on betting strategies are; Red/Black numbers, Low/High numbers, Odd/Even or single number selections.
<b
uwin789
สลากกินแบ่งออนไลน์เชื่อถือได้ โลกที่การเดิมพันได้ปรับปรุงไปเป็นอย่ ่กี่ปีให้หลังด้วยการเกิดขึ้นแล้วก็การยินยอมรับอย่างมากมายของแพลตฟอร์มออนไลน์ แพลตฟอร์มหนึ่งยอดนิยมอย่างล้นหลามในกลุ่มผู้เล่นเป็น Huai ซึ่งเป็นพอเพียงร์ทัลพนันลอตเตอรีออนไลน์ ด้วยอินเทอร์เฟซที่ใช้งานง่าย โบนัสที่น่าสนใจ รวมทั้งเกมมากให้เลือก Huai ก็เลยเปลี่ยนเป็นแพลตฟอร์
10ft Storage Containers
Offices And Studios
Container offices are a modern and flexible solution for companies. They are often cheaper than traditional buildings and provide an open and flexible space. They might not be the best choice for all businesses.
Container offices can be designed to create
XML file reader
FileMagic is a flexible data-administration platform crafted to accelerate the strategy by which end-users deal with a large assortment of file structures, delivering a uncomplicated operational framework and capable functionalities to maximize output quality. Within its multiple capabilities, File Magic Utility is highly effective at handling XML files, thereby positioning i
adhd treatment for older adults
Treatment For ADHD in Adults
Treatment for adhd in adults typically includes counseling, medication and skills training. Combining these treatments is the most efficient.
ADHD is often treated by using stimulants (like methylphenidate). They boost and balance brain chemicals that control attention.
<br
789club
Online poker was created in the late 90’s, for a basic program. Since then, it has boomed into one of the largest industries the web has to supply. Almost every house hold in the modern world has your computer with in addition – and anyone with internet access can access online texas holdem.
More than 150 games are upon the Real Time
Come on, you can do it! BOLA99
adhd treatment for adults without medication
Untreated ADHD in Adults
Adults who suffer from untreated ADHD are usually at disadvantage. The symptoms of ADHD like inattention, emotional instability and impulsiveness could cause issues at work, home and in relationships.
suffering from ADHD
metatrader 4 for android
cfd how it works
cfd broker
forex broker
cfd broker
metatrader 4 for ios
789club
With the internet casinos will not want to have to venture out anywhere, just be yourself comfortable and connect to the internet to an internet-based casino, pour yourself a drink, and start playing.
Don’t funds for casino. Gambling with borrowed money is a considerable mistake. Despite the fact you second category casino online crushing debt, but you c
20ft Shipping Containers
Chemical Storage Containers
Chemical storage containers are ideal for storing and hauling bulk chemicals and materials, both hazardous and non-hazardous. They are sturdy and can withstand impacts and punctures.
Store organic s
789club
Speaking of events, the Twin River RI casino is host to many events throughout every season. A 29,000 square foot event arena is often filled by some famous headline performers. The center hosts some great live entertainment and has been doing flawlessly over in the marketplace year. Genuine effort . plenty of music and acting occurring at Twin Rivers Online casino. Additionally, the facility further