I had a conversation with a person who I ran into. He's deeply involved in malls, shopping areas etc. Just a teaser here, since I'm not at liberty to say more, nor do I know many more details yet, but according to him, the trend to mega-malls is slowly evolving back to smaller, more accessable shopping areas, ie: the New/Old Westgate, smaller plazas and people desiring to shop at "shops" rather than at huge amusement park type things. This might be just he and his circle of people's opinion, but then again, he may be alluding to a nation-wide trend.
Just a little bird relaying some interesting chatter.
To quote Matt Drudge, "Devoloping".
Malls
Moderator: Jim O'Bryan
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Mark Crnolatas
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- Location: Lakewood, Ohio
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Jim O'Bryan
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Re: Malls
Mark Crnolatas wrote:I had a conversation with a person who I ran into. He's deeply involved in malls, shopping areas etc. Just a teaser here, since I'm not at liberty to say more, nor do I know many more details yet, but according to him, the trend to mega-malls is slowly evolving back to smaller, more accessibly shopping areas, ie: the New/Old Westgate, smaller plazas and people desiring to shop at "shops" rather than at huge amusement park type things. This might be just he and his circle of people's opinion, but then again, he may be alluding to a nation-wide trend.
Just a little bird relaying some interesting chatter.
To quote Matt Drudge, "Devoloping".
Mark
You are killing me. I've been saying this for years. Since the trend started. But for some reason Lakewood's low self esteem will not allow itself to see the truth. Gas going up, Employment going down, Internet Sales going up.
Then take the figures we know to be true like Legacy Village at 100% occupancy in 2005(no longer) and coming in 85% under projections for tax revenues for the city. The writing is certainly on the wall for malls and faux villages.
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Jim O'Bryan
Lakewood Resident
"The very act of observing disturbs the system."
Werner Heisenberg
"If anything I've said seems useful to you, I'm glad.
If not, don't worry. Just forget about it."
His Holiness The Dalai Lama
Lakewood Resident
"The very act of observing disturbs the system."
Werner Heisenberg
"If anything I've said seems useful to you, I'm glad.
If not, don't worry. Just forget about it."
His Holiness The Dalai Lama
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ryan costa
- Posts: 2486
- Joined: Fri Jan 06, 2006 10:31 pm
inventory management
computerized inventory management technology should have generated no real difference in price, when it comes to a giant chain store buying in quantities of tens of thousands, and a smaller independent store ordering a few dozen quantity. Whether said technology has been developed to a quality conducive to this arrangement or not, I do not know. Yet even if it hasn't, the money a chain store has to send back to corporate should counterbalance the slightly greater profit margins required for a small independent store or local chain to thrive. However, the big chains are better at resisting racketeering and money laundering "opportunities" presented by organized crime.
Using the emerging "mass customization" paradigm, it is possible that relatively low-capital intensive products - such as textiles - could be manufactured entirely at the local or regional level. However, this will require overcoming the inertia of the national marketing juggernauts, business culture, retail culture, manufacturing culture, management culture, consumer culture, retail culture, and other stuff.
Using the emerging "mass customization" paradigm, it is possible that relatively low-capital intensive products - such as textiles - could be manufactured entirely at the local or regional level. However, this will require overcoming the inertia of the national marketing juggernauts, business culture, retail culture, manufacturing culture, management culture, consumer culture, retail culture, and other stuff.
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Charyn Varkonyi
Ryan:
It makes a significant difference. I recommend you refer to one of the many god books and articles on the subject for more information as to the cost benefit that can be realized using JIT technology & leveraged purchasing agreements.
The gross margin is unaffected by any franchise fees that may be required - and in many cases users of this technology are not franchised and not subject to this conjecture.
And how much of a problem for small business do you really think this is?
#1 - low-capital intensive is typically highly labor intensive & therefore even more expensive
#2 - the textile industry has been dead in the US for decades... refer to #1 if you want to know why
It is time that everyone realize that small mfg. firms are a dying breed until Americans are willing to scale back their lifestyle expectations such that a severely reduced wage level is acceptable.
As for me? Not holding my breath.
Peace,
~Charyn
computerized inventory management technology should have generated no real difference in price, when it comes to a giant chain store buying in quantities of tens of thousands, and a smaller independent store ordering a few dozen quantity
It makes a significant difference. I recommend you refer to one of the many god books and articles on the subject for more information as to the cost benefit that can be realized using JIT technology & leveraged purchasing agreements.
the money a chain store has to send back to corporate should counterbalance the slightly greater profit margins required for a small independent store or local chain to thrive
The gross margin is unaffected by any franchise fees that may be required - and in many cases users of this technology are not franchised and not subject to this conjecture.
However, the big chains are better at resisting racketeering and money laundering "opportunities" presented by organized crime
And how much of a problem for small business do you really think this is?
it is possible that relatively low-capital intensive products - such as textiles - could be manufactured entirely at the local or regional level
#1 - low-capital intensive is typically highly labor intensive & therefore even more expensive
#2 - the textile industry has been dead in the US for decades... refer to #1 if you want to know why
It is time that everyone realize that small mfg. firms are a dying breed until Americans are willing to scale back their lifestyle expectations such that a severely reduced wage level is acceptable.
As for me? Not holding my breath.
Peace,
~Charyn
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ryan costa
- Posts: 2486
- Joined: Fri Jan 06, 2006 10:31 pm
labor
society is ultimately healthier if Americans are being paid at least 10 dollars an hour to make clothing. The savings customers may theoretically experience are just eaten up by faster fashion cycles, greater shipping costs/distances, and higher unemployment.
A company that outsources manufacturing uses the money to spend more on marketing and advertising. For example, paying Paris Hilton 200,000 to show up at a party wearing a particular item or accessesory.
Yes, I am familiar with JIT management and the usual Drucker breakthroughs mentioned in introductory Operations Management textbooks.
A company that outsources manufacturing uses the money to spend more on marketing and advertising. For example, paying Paris Hilton 200,000 to show up at a party wearing a particular item or accessesory.
Yes, I am familiar with JIT management and the usual Drucker breakthroughs mentioned in introductory Operations Management textbooks.