Jonathan Marek's RetailWire Blog
August 30, 2010
As others have said, the demographics are different in the U.S. But still, we do have an aging baby boomer population. As that shift continues, it will be interesting to see if large format stores can segment their offering effectively, appealing to increasingly multi-ethnic young shoppers and the ...
August 25, 2010
Malls used to be the prime, and therefore high-rent, real estate in a world where the mantra in real estate was location, location, location. It speaks to the desperation of mall operators that they are attracting a tenant whose overwhelming real estate requirement is cheap, cheap, cheap....
August 23, 2010
Gap and Groupon had better be prepared to understand how much of this traffic is truly incremental. The economics of this deal are complex:- some portion of customers will be incremental, others would have come in anyway- of those that are incremental, some will come back again (incrementally) and ...
August 19, 2010
I agree with Jesse. There have been continuous innovations in retail for the past 100 years, at least. I don't buy the "golden age" language any more than the idea that the Great Recession (or the late '90s internet boom before it) will "kill" retail as we know ...
August 12, 2010
I get the "faster horse" analogy, but you haven't told me what you think the "car" is....
August 9, 2010
In a few years, I suspect we'll see the "check-in" as a quaint early step on the way to a lasting mobile retail engagement model....
August 5, 2010
I would think that mobile will put an end to kiosks, but that's just the beginning.First, I'd watch Best Buy for a glimpse of the future. Their management team seems to be all over this issue, and they have the perfect store to lead in the use of mobile ...
August 4, 2010
Doesn't everyone know they are tracked online? Isn't it like walking in London now? It used to be concerning to be on camera 24-7, but after a while, everyone forgets.Anyway, I think that even from a consumer's perspective, seeing personalized ads is far better than seeing the pop-up junk ...
August 3, 2010
Bill Gates wrote about electronic wallets in "The Road Ahead." I think that was in 1995. Things change slowly. I suspect credit cards will be around for a long time, perhaps a very long time if the credit card companies can win the battle to put a standard ...
August 2, 2010
It goes to show that any comparison of the last few years' economy to the Great Depression is dramatically overstated. But unless Gen Y gets the message that working hard and saving creates better outcomes than working less and spending, we'll all be in trouble for a long time ...