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.
mental health checkup
Advantages of Private Mental Health Services
Private mental health services offer a number of advantages over the public options. These include:
Many private programs provide an affordable sliding fee for people who do not have insurance or have an insurance plan the program accepts. Teletherapy is a part of this. These also have more flexibility with thei
シリア 治安 良かった
Introduction
Efficient time management is a crucial strategy to stay productive in every area of life. Whether ‘re a learner, a business professional, or simply managing a busy lifestyle, mastering your tasks can dramatically improve your output. In this article, we’ll outline actionable tips to help you be more organized with your tim
Slot Gacor Malam Ini
Link Slot Gacor Gampang Menang Terbaik Melalui Jackpot Terbesar Hari ini
Situs website link slot gacor terbagus gampang menang menjadi pilihan situs net bagi setiap player kami yang taat. Pemain tentu
aja dapat mengharapkan tingkat kemenangan yang berlimpa
adult toys for mens
Powerful Man Adult Toys For Penis and Prostate
Men can experience extreme sexual pleasure with toys created particularly for their penises and prostates. These toys amplify experiences and deliver effective, sensible thrills that are difficult to replicate with a partner.
Discreet masturbation sleeves like the Fleshlight
thor 311
sikap arif di permainan apa saja memang sangat butuh dan perlu sekali dipakai pada permainan apa saja termasuk dalam perjudian slots online. anda mesti yakini buat punya sikap bijaksana lantaran dengan begitu anda dapat memperoleh sejumlah keuntungan dari permainan itu. sedikitnya ada dapat usaha untuk mengerti bagaimana langkahnya biar kamu di mana dapat mendapati kemenangan seringkali serta menjauhkan diri dari kekalahan.
Qua này cũng thể hiện tại được quy mô của cửa sản phẩm, uy tín thương hiệu xứng đáng để nhân viên chi tiêu và sử dụng tự tin “chọn mặt gửi vàng” rộng. Toshiko T18 hiện tại là một vào những mẫu ghế mas sa tại Bạc Bẽo Liêu bán chạy hiện tại nay. Sản phẩm ghi điểm cùng với khách sản phẩm nhờ thiết kế mặt ngoài bắt đôi mắt, góp ko gian thêm sang trọng và hiện đại. Với kiến thiết sang trọng, nhỏ gọn gàng thì người dùng hoàn toàn có thể dễ dàng đặt bất kể đâu vào nhà cửa. Giải quyết bài xích toán n
Can I simply say what a relief to discover somebody that
genuinely understands what they are discussing on the net.
You definitely realize how to bring a problem to light
and make it important. More people have to look
at this and understand this side of your story.
I was surprised that you’re not more popular since you surely possess the gift.
my web-site john nettles heart attack
clinical psychiatrist near me
Discover a Psychiatrist Near Me Who Deals With Adult ADHD
Having ADHD can cause issues with work and school duties, relationships, and even family life. However, seeking treatment can assist individuals live their best lives.
You can get det
freestanding fridge freezer frost free
Fridge Freezer No Frost
The fridge freezer that is frost-free is a cutting-edge technology that stops the accumulation of frost in your refrigerator and freezer. This allows you to spend less time clearing your freezer and fridge.
The refrigerator freezer that is frost-free works with cooled air that condenses hu
szkoła nauki jazdy a1
How to Pass Your Driving License Tests A1
You must have completed the CBT training and have a valid certificate before you can take your actual A1 motorcycle test. You also need an appropriate vehicle to the type of test you’ll require.
During your test, you cannot carry passengers without a supervisor accompanying you. Passengers are also not allowed on tricy
adult toys for woman
Adult Toys For Couples
There’s an universe of adult toys for couples, consisting of hot wax play, ben wa balls, butt plugs and vibrating cock rings. A few of these toys even use push-button control and app compatibility for a more interactive experience.
<b
link slot gacor
Mengeruk Harapan di Dunia position gacor Game On the internet untuk Keuntungan
Pada jaman digital yg makin maju ini, permainan video telah jadi sisi berharga dari pola hidup kekinian. Tidak hanya hanya selingan cuma, industri slot gacor Game Online telah tumbuh jadi industri multi-miliar dolar yang tawarkan beragam peluang, termasuk pendapatan moneter. Dalam rencana sekarang, ada peristiwa bagus yang di
szkoła nauki jazdy a1
What Are the Different Types of Driving License Documents?
A driving license is an official document that permits you to drive certain kinds of vehicles. It contains your name, photograph and approved vehicle types. It also includes emergency contact information as well as blood group information fingerprint impressio
best psychotherapist near me
Private Psychiatric Assessment Near Me
If you are fighting with psychological health issues, there are a number of ways to find help. You can ask your GP for a referral or have a look at online lists of service providers. These websites likewise list their expertise, experience and other info.
instagramshayari
इंस्टाग्राम एक ऐसा प्लेटफॉर्म है जहां हम अपनी भावनाओं और विचारों को सरलता से साझा कर सकते हैं। आजकल, लोग अपने दिल की गहराइयों से निकलने वाले अहसासों को खूबसूरत शायरी के माध्यम से पोस्ट करते हैं। शायरी न केवल भावनाओं को व्यक्त करने का एक तरीका है, बल्कि यह एक कला भी है जो शब्दों को खूबसूरत रूप में ढाल देती है। Instagram Bio Shayari: Creating an Impactful Online Presence पर खूबसूरत शायरी का चयन करके आप अपनी फीड को और भी आकर्षक
宮崎県 面積
Introduction
In today’s high-pressure world, the ability to manage your time has become an invaluable skill. Whether you’re a busy parent, mastering time management can dramatically improve productivity, reduce stress, and create a sense of accomplishment in your daily life. This guide will explore the key strategies of time management a
adult toys for woman
The Best Grownups Sex Toy For Men
Men who use male sex toys report more powerful erections, more extreme orgasms and improved sex in bed. Plus, toys are fun and increase pleasure in general.
While lots of people consider Fleshlights when it comes to male masturbation toys, the variety is in fact mu
mental health assessment report
Mental Health Testing
Mental health disorders are some of the most disabling illnesses in the world. They can have a negative impact on the lives of individuals and society at large.
There are a variety of instruments that can be used to detect symptoms and assess a person’s potential for psychiatric p
hoki311
sikap bijaksana pada permainan apa saja memang sangat butuh serta sangat penting dipakai di permainan apa saja termasuk dalam perjudian slots online. anda mesti yakini buat punya sikap arif karena dengan begitu anda dapat memperoleh sejumlah keuntungan dari permainan itu. paling tidak ada dapat usaha buat ketahui bagaimana langkahnya biar kamu di mana dapat memperoleh kemenangan paling sering dan menjauhi diri dari kekalahan.
<
https://ceri188.com/
Anda harus pahami kalau pekerjaan penting yang wajib anda kerjakan pertamanya kali yaitu cari lebih dahulu alternatif web agen. Di dalam masalah tersebut, anda harus mencari broker judi online yang menjajakan spesifikasi bermain gratis atau free trial ini. Anda gak boleh panik karena di internet anda bakal mendapatkan sangat banyak alternatifnya dan anda cuman perlu pilih satu diantaranya saja yang terbaik. Bukanlah soal yang susah untuk
https://doncastergasengineers.co.uk
If you’re dealing with gas line clogs, the first step is to focus on security by shutting off the gas supply. You’ll want to inspect the line for any type of visible debris or rust, which can bring about a lot more severe concerns. While tools like an adaptable brush and vacuum can aid clear out loose fragments, you might encounter stubborn obstruct
wikipedia handbags
In 1982, to ease tensions within the household, the Gucci group was consolidated and became a publicly-traded company, Guccio Gucci SpA. In May 1983, Rodolfo died. His son Maurizio Gucci inherited his father’s majority stake in the firm and launched a legal struggle towards his uncle Aldo for full management of Gucci . In 1986, A
ceri188
Siapa saja yang memastikan untuk main perjudian online, mereka pasti menghendaki dan berharap untuk dapat mendapat keuntungan banyak serta banyak. Seluruhnya keuntungan yang besar dan banyak itu cuman dapat anda raih Bila Anda memanglah tahu bagaimanakah cara jalankan permainan itu. Satu kembali, satu diantara persyaratan penting yang perlu anda penuhi merupakan bagaimana metodenya agar bisa Anda dapat menang terus di dalam permainan itu.
<br
ghế massage toàn thân bạc liêu
Tất cả nhân viên cấp dưới chuyên môn của trung tâm đều là những nhân viên có chuyên môn xuất sắc, tay nghề cao. Cùng với nhiều năm nhiều năm nghề vào nghề, bọn họ cầm bắt lỗi và cách tự khắc phục thời gian nhanh chóng. Sở hữu ngay lập tức những mẫu ghế mas sa trên Bạc Liêu với nút giá tiền rẻ mà chất lượng thì nên mua rinh trên đâu là phù hợp. Nội dung được phạt triể
best psychotherapist near me
Private Psychiatrist Assessment Near Me
A private psychiatrist assessment near me supplies access to psychiatric services without the NHS waiting times. The service is provided over videoconferencing and is effective in treating a wide variety of conditions. It is important to check whether a therapist is signed up on the medical regis
mental health diagnostic assessment
Mental Health in the UK
The results revealed that mental health issues are viewed as ‘illnesses affecting the brain and the mind’. They were thought to be distinct from other illnesses like cancer.
The British culture of’stiff upper lips’ means that many are hesitant to seek treatment. People who are in extreme mental distress might
prawo jazdy na motor
Requirements For Category A1 Motorcycle Driving Licence
The category A1 driving license allows you to drive motorcycles with an engine that is small. This includes trial e-scooters, as well as motorcycles that have a power of up to 11 kW. It’s a great way to take your introduction to the world of motorcycling.
slot gacor
Mengeruk Kesempatan di Dunia position gacor Game Online untuk Keuntungan
Di dalam jaman digital yg makin maju indonesia, permainan video sudah jadi sisi penting dari pola hidup kekinian. Tidak sekedar hanya selingan cuma, industri slot gacor Game Online sudah tumbuh jadi industri multi-miliar dolar dalam tawarkan beragam harapan, termasuk pendapatan keuangan. Dalam rencana ini, ada peristiwa bagus yang diken
trafikverket skövde förnya körkort
How to Get a Driver’s License Renewal From the Swedish Traffic Agency
Swedish Traffic Agency is attempting to stop “driving license tourist”. Thousands of Swedish residents every year travel to other EEA countries in order to get their driving licence exchanged for
スーパー戦隊 ネタキャラ
Introduction
Understanding Keyword is important for achieving success in modern world. Whether you’re a newcomer or someone seeking to sharpen your existing knowledge, diving deeper into the concepts of Keyword can unlock opportunities for skill acquisition. In this guide, you’ll learn the strategies to grasp Keyword effectively.
<
server gacor thailand
Mengeruk Kesempatan di Dunia position gacor Game On the internet untuk Keuntungan
Di dalam jaman digital dalam makin maju indonesia, permainan video sudah jadi sisi berharga dari pola hidup kekinian. Tidak hanya hanya selingan cuma, industri slot gacor Game Online telah tumbuh jadi industri multi-miliar dolar dalam tawarkan beragam harapan, termasuk pendapatan moneter. Dalam rencana sekarang, ada
server gacor thailand
Mengeruk Harapan di Dunia slot gacor Game On the web untuk Keuntungan
Pada jaman digital dalam makin maju sekarang, permainan video telah jadi sisi penting dari pola hidup kekinian. Tidak hanya hanya selingan cuma, industri slot gacor Game Online sudah tumbuh jadi industri multi-miliar dolar yg tawarkan beragam peluang, termasuk pendapatan keuangan. Dalam rencana ini, ada peristiwa bagus yang dike
Acer’s Killer and Nitro lines provide the tools to provide you a competitive
edge.
Look into my page – zen for xbox one
thor311
untuk kerjakan akses penempatan taruhan permainan slots online lewat mobile-phone saat ini kian simpel dikerjakan. pasalnya sekarang telah banyak agen yang sediakan support akses dengan memakai mobile-phone. sudah pasti soal ini yang dapat jadi awalan untuk beberapa bettor menggapai sejumlah keuntungan serta peluang taruhan dengan pemasukan tinggi.
pada umumnya di dalam perihal
trafikverket kundtjänst
How to Renew Driver’s License Authorization in New York City
If you desire to renew your driver’s license or non-driver ID, you will require to send an application, a vision test report, and payment. The costs differ based upon your age and license type.
You can rene
mental health assessment report
Mental Health Assessment
A mental health assessment involves an array of tests and questions. Your doctor will ask you about your family history, medications, and your symptoms. They will also do a physical examination that is basic and may request lab tests like blood work, thyroid function testing or toxicology
mental health checkup
Mental Health Assessments
A mental health assessment is a series questions about your mood and thoughts. You may also be able to take an examination of your body as well as verbal or written tests.
The first part of a mental health test is to assess the patient’s appearance general behavior, level of consciousness and attentiveness as in a
similar site
Category A1 Rules For Motorcyclists
Category a1 rules are for those who wish to ride small motorcycles. These vehicles have a maximum cylinder power of 35kW. They are not derived from vehicles of more than twice their power.
The open drone operation category can be subdivided into three categori
page
How to Choose homesite can avoid freezing frost by regularly cleaning your appliance and making sure that its drains aren’t clogged. Regular defrosting can ensure that your food stays fresher for longer.
Frost-free refrigerators prevent the accumulation of ice by blowing cool air over the evaporator. They’re quieter, too,
assess mental health
Mental Health Near Me
Referrals from people you trust are the best method to locate a mental health professional. This can include friends, family, or health care providers. You can also use search tools offered by mental health organizations to find a therapist who meets your needs.
The majo
förnya körkort 75 är
How Your Driving License Renewal Process Functions in New York
Keeping your driving license current is essential, particularly if you’re an older driver. In New York, you can renew your license online or face to face.
To prevent significant fines, ensure to renew your license before i
クロアチア戦時間
Introduction
In the contemporary era, AI Technology has reshaped the way we work. From personalized recommendations on streaming platforms to AI-powered transportation, AI is everywhere. But what exactly does it mean by AI? Grasping this essential idea not only helps learners but also enables them to embrace its potential. </p
buon ban heroin
Playing free no download casino games has a lot of advantages. First of all, you will never need to download anything from the extensive. Many people are not comfortable with downloading any unknown application from internet. Also, many feel uneasy with downloading since some take much time. For these reasons, many tend find casino sites which help you play many casino games without downloading or without long holds back. Another advantage
There is definately a great deal to know about this subject.
I like all the points you’ve made.
My web-site bet777 Casino
clinical psychiatrist near me
Psychological Assessment Near Me
Supplies psychiatric assessments, individual and group treatment for grownups with drug or alcohol associated problems. Also uses psychiatric medication follow ups and case management services.
Psychological testing can clarify medica
gas regulations uk
You might not realize just how elaborate gas supply procedures are at airport terminals. From maneuvering regulative obstacles to maintaining effective storage and circulation systems, the obstacles are countless and complex. Each flight terminal’s fuel sourcing is influenced by geographical elements and seasonal needs, adding another layer of difficulty. As you consider these aspects, it b
förnya körkort 75 är
How to Renew Driver’s License in New York
The cost of renewing your driver’s license differs depending on your place. The charge chart is available on the DMV site. You must also inspect the Metropolitan Commuter Transportation District (MCTD) cost, which applies to Bronx, Brooklyn, Manhattan, Queens and Staten Island; Dutchess
psychiatrist near me private
Choosing a Psychiatrist Near Me
Psychiatrists are medical professionals dedicated to detecting and treating psychological disorders. They are trained to acknowledge the typically subtle biological elements that add to psychiatric signs. They are also skilled in monitoring how psychological health treatments may im
https://plumbers-croydon.co.uk
Emergency Domestic plumbing 101: What to Do When Disaster Strikes When disaster attacks and you find yourself knee-deep in water, with pipes bursting and chaos unfolding, knowing what to do can make all the difference. Don’t anxiety! Instead, take instant action to minimize the damage and save your sanity. With a few basic steps and the right mindset, you can easily get around through any plumbing related emergency. Thu
Instagram Post Shayari: How to Make Your Posts Shine
इंस्टाग्राम एक ऐसा प्लेटफॉर्म है जहाँ लोग अपनी भावनाओं और जज़्बातों को तस्वीरों और शब्दों के जरिए साझा करते हैं। आज के डिजिटल युग में इंस्टाग्राम शायरी ने एक नई पहचान बनाई है, जहाँ प्रेम, इश्क़, और दिल के जज़्बातों को खूबसूरत ढंग से प्रस्तुत किया जाता है। शायरी केवल शब्दों का खेल नहीं है, बल्कि यह दिल की गहराइयों से निकली हुई वो आवाज है, जो कभी-कभी शब्दों से भी ज्यादा गहराई रखती है।
<br