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Retail

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Worsening Retail Climate. From the AP via Yahoo News:
The UBS-International Council of Shopping Centers preliminary sales tally of 43 retailers rose 0.5 percent in January, well below the original 1.5 percent forecast. The results followed an anemic 0.7 pace in December and were below last year's same-store sales average gain of 2.1 percent. Michael P. Niemira, chief economist, said January's performance was the weakest ever, according to records that go back to 1970. It is based on same-store sales, or sales at stores open at least a year.

Retail Industry in India:challenges Opportunties and Strategies
The Indian retailing industry is becoming intensely competitive, as more and more payers are Vying for the same set of customers. The major retail players are Pantaloon Retail, Shoppers Stop, Reliance,etc..,
Retailing is one of the biggest sectors and it is witnessing revolution in India. The new entrant in retailing in India signifies the beginning of retail revolution. India's retail market is expected to grow tremendously in next few years. According to AT Kearney, The Windows of Opportunity shows that Retailing in India was at opening stage in 1995 and now it is in peaking stage in 2006. India's retail market is expected to grow tremendously in next few years. India shows US$330 billion retail market that is expected to grow 10% a year, with modern retailing just beginning. India ranks first in 2005. In fact, in 2005 and 2006, India is the most compelling opportunity for retailers, because now India is in peaking stage.
This window of opportunity is useful for executives who plan their market-specific strategies; the four stages or the lifecycle of this industry is as as follows:

 

Shoprobotic is an automatic retailing solution for Brand Owners and Retailers. ... Let Shoprobotic look after and maximise retail sales on your site ...

 

Putting the 'E' in European Retail Sales - JULY 30, 2007
European B2C e-commerce is growing in waves.

With an annual growth rate of 25% over the next four years, the market will triple in size by 2011, reaching $407 billion.
"By 2011, the combined market share of the three major B2C e-commerce markets — the UK, Germany and France — will drop slightly as smaller, second-tier markets provide a new wave of growth," says Mr. Grau. "Further out on the horizon, a third wave of growth will center on Eastern European countries as they begin embracing e-commerce."

 

International design and branding agency Dalziel-Pow identifies the key issues and concepts that will impact on store design in the coming years. By David Dalziel, creative director, Dalziel-Pow
The store of the future will build on the fast moving competitive and aggressive market in which we all operate.
International influences will push the market on in the UK and the UK experience will influence developments in the emerging markets of India, China, Turkey and South America. Already in these markets we can see the ambitions with the building of bigger and more luxurious malls full of the best of the world’s brands and the strongest local players.
So, the store of the future is in a mall and it is large, at 1500sqm. All retailers are looking for larger and more compelling stores and this proposal offers that. The store of the future brings fashion to a youthful 18 to 25-year-old market, reflecting the emerging markets strength in that age bracket.
So, what are the issues facing this sector?

Shopping in Amsterdam is not just an exercise in retail therapy, more a voyage of discovery! With over ten thousand shops, Amsterdam has everything you would expect from a modern European city. It also has several large department stores and fashion shops, so whatever you are looking for, you have a great chance of finding it in Amsterdam!

Shop.org is the association for retailers online. It's where the best retail minds come together to garner the insight, knowledge and intelligence to make better decisions in the evolving world of the Internet and Multi-channel retailing.

XR23 will provide you with the latest information and analysis of technologies designed specifically for the retail environment. You will learn about in-store success models, get a preview of technology prototypes and get first-hand analysis of the benefits and timeline of industry leading applications. XR23 explores these issues more and more each month and discusses their impact on the retail environment through insights, consumer research and actual video demonstrations.

The future of the Web and the impact on retail - If you look back at the fifteen-year history of the commercial use of the Internet, we see an evolution in complexity, speed, usefulness and desirability of what people use the Internet for.

The World Retail Congress is a platform for industry excellence; the chance to meet the challenges of globalisation and transform the industry.
The Congress has been created in response to demand from retailers in mature and emerging markets. With retail consolidating and internationalising rapidly, coupled with the emergence of economies like Brazil, Russia, India and China, it is essential the industry has a platform for open discussion and the shaping of ideas. We will tackle major issues like World Trade, opportunities in emerging markets, corporate responsibility, successful business models for growth and the full potential of multichannel retailing.

The IFM’s Economic Observatory carries out a monthly survey with a panel of distributors in order to measure the evolution of end-consumer’s buying habits in textiles, fashion and household furnishings.
The panel covers all of the distribution circuits : independent retailers, specialized chain-stores, mass-market chain-stores, department stores, popular retail outlets, mail order and hyper-markets.
The evolution in turnover in value and constant euros are checked by range (men’s ready-to-wear, men’s small items, men’s underwear, women’s ready-to-wear, women’s small items, women’s underwear, children’s clothing and three textile ranges : household linen, fabric by meter, haberdashery and knitting wool). They are calculated per constant retail surface in order to determine the performance levels of the distributors and neutralizing the square footage effect (a higher turnover linked to a greater retail surface or greater number of retail outlets). The results are supplied, either directly by the distributors or through the professional organizations or companies that run shopping malls. The analysis the of panel of distributors appears in a monthly publication, the Distri-Bilan (The-state-of-retail) and the Distri-Flash (Retail-flash).

Leading Retail Analyst Shows Retailers Can Gain Market Share
Through Consumer-Generated Product Ratings & Reviews

Leading analyst firm says product ratings and reviews achieve a “winning trifecta” of increased loyalty, purchase frequency, and reduced returns for online retailers
Austin, TX – August 15, 2006 – Bazaarvoice, an innovator in helping brands use online word of mouth to build their businesses, today announced that JupiterResearch recently issued a study that shows retailers can drive sales by adding user-generated ratings and reviews to their Web sites. The report, entitled Retail Marketing: Driving Sales Through Consumer-Created Content, cites user-generated ratings and reviews as the second most important site feature behind search, and says that retailers who adopt ratings and reviews as a differentiator and retention strategy will gain market share.

New Partnership Transforms Retail Space by Adding Intava Touch Screens to idX's ShopRobotic System
In-Store Marketing Expo Spotlights System at FutureVision Gallery
Intava's dynamic touch-screen display, featured as an end cap in the ShopRobotic merchandising fixture. Intava allows full motion video, detailed product information, and purchasing options on potentially hundreds of products through touch-screen interaction.
CHICAGO, IL--(Marketwire - September 26, 2007) - idX Corporation and Intava® Corporation announced today that the companies have partnered to combine Intava's dynamic touch-screen systems with the new ShopRobotic by idX®. The new idX and Intava system is on display this week in the In-Store Marketing Expo FutureVision Gallery, part of The Retail Media Forum.
The FutureVision Gallery will spotlight ShopRobotic by idX®, a totally customizable, automated retail merchandise delivery system, as one of the industry's most innovative new products. Visitors to the Gallery will see the state-of-the-art selling solution in action, with a dynamic music environment that will draw them in to browse, compare, listen to, and enjoy a full range of digital music players. The Intava interactive display extends the product experience and selection by enabling touch-screen shopping with product comparisons, full motion video, detailed specifications, music samples and more -- adding virtual shelf space to the merchandising system.

 

 

 

 

 

 

 

 

 

 

 

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