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jerryking : tiffany   6

(1) LVMH clinches takeover of Tiffany after raising offer to $16.6bn | Financial Times
Arash Massoudi in London, Eric Platt in New York and Michael Pooler in Paris 14 HOURS AGO
affluence  LVMH  Tiffany 
november 2019 by jerryking
Hard Lessons (Thanks, Amazon) Breathe New Life Into Retail Stores
Sept. 3, 2018 | The New York Times | By Michael Corkery.

Barbara Kahn, a marketing professor and former director of the retailing center at the Wharton School, has written “The Shopping Revolution” describing the disruption in the retail industry.

It may be too early to declare the death of retail. Americans have started shopping more — in stores. From the garden section at Walmart to the diamond counters at Tiffany & Company, old-school retailers are experiencing some of their best sales growth in years....Stores that have learned how to match the ease and instant gratification of e-commerce shopping are flourishing, while those that have failed to evolve are in bankruptcy or on the brink....Amazon has forever changed consumer behavior....Many successful stores are now a cross between a fast-food drive-through and a hotel concierge......Doomsayers have predicted that online shopping, led by Amazon, would one day conquer all of retail, rendering brick and mortar obsolete....But the pace of closings has slowed, as the most unprofitable stores have been culled and the weakest companies have collapsed....Far from retrenching, many retailers are expanding their physical presence or spending billions to overhaul existing stores......Many of the new stores are supposed to be all things to all shoppers — what the industry calls an “omni-channel” experience.

Customers can order online and pick up at the store. They can order online and have their purchases delivered home, in some cases, on the same day. Or they can visit the store
Amazon  BOPIS  bricks-and-mortar  consumer_behavior  e-commerce  home-delivery  instant_gratification  lessons_learned  omnichannel  retailers  revitalization  same-day  store_closings  Target  Tiffany  books  Wharton 
september 2018 by jerryking
Retail sales per square foot in decline | Retail Dive
Daphne Howland
@daphnehowland
PUBLISHED

Aug. 1, 2017

Which stores to close can be a tricky decision, though, because of how offline stores add to online sales. Moody's Investors Service last year warned that closing a physical location reduces a retailer’s presence in the market area and noted that online sales often decrease in zip codes surrounding a shuttered store. It behooves mall landlords and retailers to leverage new technologies and new math to account for that, in order to make educated decisions, according to Hongwei Liu, CEO and co-founder of Mappedin, an indoor wayfinding platform for premium North American malls.

"Fortress mall operators are under heavy scrutiny, along with the rest of their industry," he told Retail Dive in an email. "Everyone knows retail space is overbuilt in the U.S., shares are down 35% from a year ago. Our mall customers, who are almost exclusively premium operators, say that 'rents are up, sales are up, occupancy is up' in 2017. Flush with cash but seeing depressed market valuations, hostile takeover bids are increasing. Anecdotally, more is being invested in technology and consumer experiences to 'recapture' (or re-demonstrate) the value that premium malls and retailers are creating."
MappedIn  shopping_malls  retailers  Apple  Tiffany  LBMA  anecdotal  sales_per_square_foot 
august 2017 by jerryking
Tiffany Profit More Than Quadruples - WSJ.com
MARCH 23, 2010 | Wall Street Journal | by KAREN TALLEY And ANDRIA CHENG. Tiffany Profit Leaps as Demand Rises
Tiffany  luxury  growth  jewelers  branding  high_net_worth 
april 2010 by jerryking
Optimism Grows Among Luxury-Goods Retailers - WSJ.com
FEBRUARY 9, 2010 | Wall Street Journal | By ELIZABETH HOLMES
And RACHEL DODE. Stores Reach Into Bag of Tactics as Luxury-Goods Sales
Improve
luxury  fashion  accessories  Tiffany  retailers 
february 2010 by jerryking
Tastemaker: Andrea Hopson
November 2009 | Zoomer Magazine | Kim Izzo with files from Jessica Green
luxury  retailers  Tiffany  opinon_makers  taste-makers 
january 2010 by jerryking

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