Back in 1998, Nicolas Negroponte predicted the death of retail as we knew it. While he was correct

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Global woodbury outlet new york Internet information services provider ComScore 2012 annual report shows that 40 percent of respondents said they went to the store just to see the next line of merchandise, woodbury outlet new york plans to buy online. ComScore also found that the United States has more than 200 shopping centers covering over 250,000 square feet, but the vacancy woodbury outlet new york rate of over 35%, these malls are becoming ghost towns. Some people even registered a website called DeadMall for thousands of online retailers to bankruptcy write their own stories.
And the traditional retail landscape bleak contrast, China online retail market is developing rapidly. As of the end of December 2012, China's online retail market transactions amounted to 1.3205 trillion yuan, an increase of 64.7%. The two largest suppliers of home appliances company, Ali Baba and Jingdong Mall, the former woodbury outlet new york trade volume last year, an increase of over 100%, which is close to 200%. McKinsey Global Institute director partner Chan Steel told the "Financial" reporter, according to this growth rate, online shopping in 2020 will reach at least 4.2 trillion yuan, accounting for over 20% of the total retail sales of social consumer goods.
This profit model is the industry known type of financial models, greatly weakening its drawbacks is that the core competitiveness of the retail industry, making the tense relations with suppliers, all aspects of corporate neglect commodity business, the supermarkets operate more homogeneous.
Retail enterprise management did not sit still. Lotus two years in succession in the "supermarket living museum" concept upgrading and adjustment, the part of the ten thousand square meters to 1,000 square meters hypermarket transformation -5000 meters based standard supermarkets, and increase the proportion of imported goods, has to 20% -40%, to increase the unit price. But soon, the management woodbury outlet new york found that compared to the previous adjustment, store traffic falling instead of rising. Consumers have complained that after adjustment stores compact, but bad service attitude has not changed, woodbury outlet new york but also the price of the commodity. Zero for long neglected woodbury outlet new york relations and integrated services led to the company farther away from the consumer, 2012 Lotus loss of about 392 million yuan, can only rely on closed shop stop.
According to Jiangxi Tenda Electric Company officials said, after the renewal rent will rise eight times. This is a long-term net profit margin of 1% -3% of the retail chain is fatal, Tenda has a comprehensive restructuring plan the e-commerce.
This year the retail woodbury outlet new york industry is also seeking transformation. Some retailers turned a financial investment or commercial real estate, higher rates of return, but it resulted in hollow main industry. Like all music, the main retail industry last year over 90 million yuan loss, but this year with 700 million yuan of funds raised to purchase this type of insurance financial products; Younger 2012 report shows that its real estate revenue and more than $ 700 million, apparel revenues; Suning Electric in various cities have 30 million square meters woodbury outlet new york of land reserves, comparable with Wanda and ready to build more than 800 million square meters of commercial complex. The complex nature of commercial real estate, retailers will put its own format, actually earned profits of commercial real estate.
Liu Qiang Dong said, change channels 100 years, Department subvert markets, department store chains subversion, each new business model revolves around two lines: supply chain efficiency and cost. Maori department stores up to 50%, only 15% of Wal-Mart, the latter due to the lower cost, higher efficiency, and as long as there is a 15% gross margin will be able to make money. "If you always pursue a 50% gross profit, business will not progress."
Development of technology woodbury outlet new york makes retail electricity providers woodbury outlet new york lower cost than traditional, woodbury outlet new york more efficient. Liu Qiang East told the "Financial" reporter, through the optimization of information systems, such as optimization of sorting, distribution paths, five years from the warehouse to pick up a single rate of 25 parcels one day, an increase of 72 parcels now. If built in Shanghai Asia One warehouse, will significantly reduce the demolition woodbury outlet new york of a single rate, and logistics costs can be further reduced by 20% -30%. Currently, traditional retailers inventory turns is 40 days -50 days, Jingdong is 20 days -30 days; traditional retailers to account for most of the suppliers in 100 days, 40 days Jingdong. The most critical is that Jingdong SKU (product category) are the other 10 times.
C2B means leading retailers shift from consumer-driven, on-demand, on-demand production, which will fundamentally solve the problem of the retailer's inventory. The high cost of custom past, but by and large network data analysis, the same individual needs of people can be polymerized, you can still achieve economies of scale growth in demand, and this is one of the purposes of Alibaba toward big data company direction.
After the strategic clarity, Suning no fear of channels online and offline impact. Suning recently announced a high profile this year, the entity will add about 200 stores and open 200 new stores a year to maintain the growth rate achieved woodbury outlet new york in 2020 the total number of stores 3500 strategic goals. woodbury outlet new york
Haier Group is one of the initiative to meet the trend of business electricity woodbury outlet new york supplier. 2003 Haier online store that is established, but has not been actively developed. After 2011 years ago, Haier began to do "actual situation network" integration, namely the Internet as a "virtual network", the next line stores, logistics woodbury outlet new york and supply chain as a "real woodbury outlet new york network", then both the background in information systems unity. Haier sales on all orders received before electronic business woodbury outlet new york platform bringing together Haier Mall, issued a demand to the real network immediately after obtaining orders Haier Mall, next thousand stores use the line to complete the last mile distribution. According to company CEO Yang Li Geng Mall, currently Haier Mall distribution system covering woodbury outlet new york more than 2,860 counties nationwide, including more than 500 counties of 24 hours coverage.
The rapid decline of traditional retail, the fledgling new electricity supplier, changes in the retail mark, how the government should establish appropriate circulation system?
It contains a lot of little things and the future of retail-related elements, such as handheld devices, networks, woodbury outlet new york and more autonomous consumers; For pragmatic traditional retailers, which might make them feel hopeless. But no matter how the future, physical stores will continue woodbury outlet new york to exist.
As we all know, back in 1998, Nicholas Negroponte had predicted retailing surely die. He had predicted that the Internet will change the way of shopping, this view has been confirmed, but he believes that a physical store prophecy will come to an end but did not come true. There is no doubt that the retail industry is still in constant evolution. For example, a company called Shopbox Brooklyn shop is such a product of evolution, the store that sells Viagra by float (Wiffle) and commodities with automatic device (Thing-o-Matic), to showcase the region cynical folk. Store Showroom is actually a shipping container, woodbury outlet new york there is a large monolithic glass side windows, and there is no obvious entrance. Recently, the store was forced to relocate, so the merchant directly using a crane to be transported to a new location.
This approach is closely related woodbury outlet new york to the more common European mobile payment. British retail giant Tesco (Tesco) stores in Korea Home Plus is the pioneer of this concept. In order to expand the market, the company posted on the walls of subway woodbury outlet new york stations shelves of traditional 2D poster. Including milk, juice, dumplings, bibimbap sauce and supermarkets everywhere in Korea various daily necessities. Of course, woodbury outlet new york these are virtual goods, the customer simply shoot through smartphones goods dimensional code, you can directly add these foods to an online shopping cart, and then wait for delivery to stores. Office workers at the station have wasted a lot of time, then why spend valuable time personally to the shops it?
Just a few months ago, I witnessed retail's present and future collide in a Best Buy (BBY) It was ugly A twenty-something couple fiddled around with the flat screen TVs on display;.. woodbury outlet new york Mauling the remotes, thumping the speakers, and generally behaving like carefree shoppers. woodbury outlet new york When they settled on a Samsung LED model, the guy whipped out his phone, captured a QR code on the TV, and beamed it up to the web to check for more favorable prices.
They rubbed salt into Best Buy's wound by ordering the TV online while still standing in the store, enjoying Best Buy's endless display models, all to the benefit of Amazon (AMZN) - and themselves, of course.
Even though this story contains many elements of retail's future, like hand held devices, the web, and empowered consumers;. This isn't sustainable woodbury outlet new york for retailers with boots on the ground Fantasy futures aside, real-world stores are here to stay.
Back in 1998, Nicolas Negroponte predicted the death of retail as we knew it. While he was correct to say that the Internet would transform shopping, he was wrong to think it would be the end of physical stores. Still, they are changing, no doubt. For instance, there's woodbury outlet new york the Shopbox, a self-conscious Brooklyn pop up store selling that borough's playful bohemianism in the form of products like the Thing-o-Matic and Wiffle balls. The showroom is a shipping container, with a big picture window woodbury outlet new york and no clear entrance. Recently, when the store had to move, a crane just picked it up and carried it to a new spot.
You are not going to be flirting with any sales clerks woodbury outlet new york at this store. Instead of stepping inside, you examine the goods through a window. When you want to buy something, you text your order to Shopbox and they ship the stuff straight to your house .
This ties in nicely with the fairly common practice in Europe of paying for goods via cellphone. Korean grocer, Home Plus, a division of English giant Tesco (TESO), pioneered this concept. To expand their market, they set up 2-D posters of a typical grocery aisle on the walls of commuter rail stations. They included milk, juice, dumplings, bibimbap sauce and everything else you'd expect from a grocery store in Korea. Except none of it was real. Feed an item's QR code into your smart phone, and that food goes into your online shopping cart, to be delivered straight to your home. Why waste time in a store when you're already wasting t