Shopping Wonk|Wonks Shop Too
Apr
26
SBC asked:
Want to price used tools, power tools, landscaping equipment (commercial mowers, trimmers, etc.) for retail sale. Looking for Blue Books, internet sites, rules-of-thumb (%), etc.
Want to price used tools, power tools, landscaping equipment (commercial mowers, trimmers, etc.) for retail sale. Looking for Blue Books, internet sites, rules-of-thumb (%), etc.
Thanks!
Greg
Comments Off
Apr
25
Filed Under (Shopping) by admin
rakhi garg asked:
Introduction
Retailing involves all activities incidental to selling to ultimate consumer for their personnel family and household use. It does this by organizing their availability on a relatively large scale and supplying them to a customers on arelatively smallscale. Retailer is any person/organization instrumental in reaching the goods or merchandise oer services to the end users.Retailer is a must and cannot be eliminated.
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:
Introduction:
An introduction is the opening phase of a market and is one that is just entering the GRDI, Global Retail Development Index This index is based on more than 25 macro-economic and retail –specific variables.for instance ,the country risk includes parameters like political risk,economic performance,debt indicators,credit ratings,access bank finance and business risk.The market attractiveness covers reail sales per capita ,urban population ,laws and regulations and business efficiency.
Iin this stage all, which are outside the top 30 markets, falls in this stage. At this stage, retailers should monitor and performing high-level assessments, they should plan for their entry strategies. India in the late 1990’s is a good example in the opening stage, while in 2006, Kazakhstan is the country in introduction stage.
Stategy suggested:A rapid penetration strategy is suggested at this stage i>e low price and high promotion.
Growth:
In growth stage, the market is developing quickly and also ready for modern retailing. Countries, which are in Peaking stage, are India, Ukraine and Vietnam. Retailers entering this stage have the best chance for long-term success. Retailers at this stage should enter through local representations, sourcing offices and new stores. Wal-Mart success in china in the late 1990’s and early 2000’s gives us the importance of committing to a promising high-growth market at right time.
Strategy suggested: The strategy of adopting quality and styled products with new models and shift of advertising from product awareness to product preference Eg the big bazaar advt says surf exel is cheaper than the market price.The idea behind adopting strategy is to strengthen against competitors.
Maturity:
In this stage the market is still big and growing, but the space for new entrants will become tighter and retailers should act quickly at this stage because retailers at this stage have limited time to explore, and also their margin for error is thin. In general , they should act according to the established rules and should be open to face the competition from international retailers. This stage generally lasts longer than the previous two stages.
Strategy suggested: Enter new market segments that is either enter new geographic areas eg vishal megha mart has opened stores in smaller cities tier II and III cities
Decline:
The window of opportunity is closing fast and modern retail share is reaching 40 to 60 percent. Though the opportunity is closing the existing retailers can enter with new formats such as discount models or non-food formats such as consumer electronics and apparel.
Window of opportunity ends for about 5 to 10years before a market enters the closing phase and reaches saturation level. India for example, was in the opening stage in 1995 and entered peaking stage in the year 2003 and reached number 1 rank in2005.
Strategy suggested: Identifying weak segments, maintaining investment level selectively.
Unorganized retailing in India
In India, the most of the retail sector is unorganized. In India, the retail business contributes around 11 percent of GDP. Of this, the organized retail sector accounts only for about 3 percent share, and the remaining share is contributed by the unorganized sector. The main challenge facing the organized sector is the competition from unorganized sector. Unorganized retailing has been there in India for centuries, theses are named as mom-pop stores. The main advantage in unorganized retailing is consumer familiarity that runs from generation to generation. It is a low cost structure, they are mostly operated by owners, has very low real estate and labor costs and has low taxes to pay.
Organized retailing in India
In late 1990’s the retail sector has witnessed a level of transformation. Retailing is being perceived as a beginner and as an attractive commercial business for organized business i.e. the pure retailer is starting to emerge now. Organized retail business in India is very small but has tremendous scope. The total in 2005 stood at $225 billion, accounting for about 11% of GDP. In this total market, the organized retail accounts for only $8 billion of total revenue. According to A T Kearney, the organized retailing is expected to be more than $23 billion revenue by 2010.
In organized retailing will grow faster than unorganized sector and the growth speed will be responsible for its high market share, which is expected to be $ 17 billion by 2010-11.
Retailing will show good prospects in cities like Mumbai, Delhi, Chennai, kolkata, Banglore and Kanpur. After Dubai, Singapore and Hong Kong, In India Delhi will be the next big retail destination, According to Confederation of Indian Industries whose findings have shown that Delhi has the good resources and good conditions for the retail sector. Out of the total earnings of the Government of Delhi Rs 11,000 crore, Rs 6,500 crore is achieved from the retail sector.
- Share of Organised Retail
1999 2002 2005
Total Retail (in billion INR) 7000 8250 10000
Organized Retail (in billion INR) 50 150 350
% Share of Organized Retail 0.70% 1.80% 3.5%
The organized sector is expected to grow faster than GDP growth in next few years driven by favorable demographic patterns, changing lifestyles, and strong income growth. This organized retail sector mix includes supermarkets, hypermarkets discounted stores and specialty stores, departmental stores. For example, Spencer network has 69 stores, which includes seven Spencer hypermarkets, three Spencer super markets and 49 Spencer Dailys. Now the company is planning to open 20 stores in 10 cities in six months. The top 10 retailers account only for 2% of total market, today modern retailing is expected to enter a boom phase, which has major players and these players might capture 10% of total market, within next five years. The retail sales in India for future are shown below (data from 2005-2008 is based on estimates):
PRESENT INDIAN SCENARIO
* Unorganized market: Rs. 583,000 crores
* Organized market: Rs.5, 000 crores
* 5X growth in organized retailing between 2000-2005
* Over 4,000 new modern Outlets in the last 3 years
* Over 5,000,000 sq. ft. of mall space under development
* The top 3 modern retailers control over 750,000 sq. ft. of retail space
* Over 400,000 shoppers walk through their doors every week
Growth drivers in India for retail sector
• Rising incomes and improvements in infrastructure are enlarging consumer markets and accelerating the convergence of consumer tastes.
• Liberalization of the Indian economy
• Increase in spending Percapita Income.
• Advent of dual income families also helps in the growth of retail sector.
• Shift in consumer demand to foreign brands like McDonalds, Sony, Panasonic, etc.
• Consumer preference for shopping in new environs
• The Internet revolution is making the Indian consumer more accessible to the growing influences of domestic and foreign retail chains. Reach of satellite T.V. channels is helping in creating awareness about global products for local markets.
• About 47% of India’s population is under the age of 20; and this will increase to 55% by 2015. This young population, which is technology-savvy, watch more than 50 TV satellite channels, and display the highest propensity to spend, will immensely contribute to the growth of the retail sector in the country.
• Availability of quality real estate and mall management practices
• Foreign companies’ attraction to India is the billion-plus population.
Employment opportunities in retail sector in India
India’s retail industry is the second largest sector, after agriculture, which provides employment. According to Associated Chambers of Commerce and Industry of India (ASSOCHAM), the retail sector will create 50,000 jobs in next few years.
Retail companies are starting retail manamgent courses in partnership with management institutes, roping in talent from other sectors and developing comprehensive career growth and loyalty plans for existing employees.
Top players like Pantaloon Retail India Limited, Trent, Shopper’s Stop, RPG Group and ebony are virtually on their toes.
Consider the plans of largest player, The Pantaloon Retail India Ltd, the company has developed a comprehensive strategy, where in it expects that in 2years, it will not recruit any new managers from outside.
“The estimated need is 1 lakh of employees till 2011″, said Mr. Sanjoy Jog, HR Head at Pantaloon Retail India Ltd. Pantaloon has the concept of partnership with educational Institute to run retail courses across the entire chain. The company has tied up with 11-B schools including K J Somaiya , Welinkars, Narsee Monjre and IISWBM. “The students joins the course and they are given an appointment letter by Pantaloon to become employees” said Mr. Jog, Pantaloon. Pantaloon is also planning to tie up with Ahmedabad-based National Institute of Design to start a course in visual merchandising. “The apex body of Indian organized retailers, Retailers Association of India( RAI) is also lending help hand to tide over the shortage of employees in organized retail sector.
Trent has also started in-house learning programmes and now goes to under graduate colleges to recruit students.
Since, the job market is hugely receptive to this with more and more business schools focusing on the sector and large retailers setting up retail academics.
Challenges of Retailing in India
In India the Retailing industry has a long way to go,and to become a truly flourishing industry, retailing needs to cross the following hurdles:
* The first challenge facing the organized retail sector is the competition from unorganized sector.
* In retail sector, Automatic approval is not allowed for foreign investment.
* Taxation, which favors small retail businesses.
* Developed supply chain and integrated IT management is absent in retail sector.
* Lack of trained work force.
* Low skill level for retailing management.
* Intrinsic complexity of retailing- rapid price changes, threat of product obsolescence and low margins.
* Organized retail sector has to pay huge taxes, which is negligible for small retail business.
*Cost of business operations is very high in India.
Conclusion
Many agencies have estimated differently about the size of organized retail market in 2010. The one thing that is common amongst these estimates is that Indian organized retail market will be very big in 2010. The status of the retail industry will depend mostly on external factors like Government regulations and policies and real estate prices, besides the activities of retailers and demands of the customers also show impact on retail industry.
As the retail market place changes shape and competition increases, the potential for improving retail productivity and cutting costs is likely to decrease. Therefore it is important for retailers to secure a distinctive position in the market place based on values relationships or experience.
Finally it is important to note that these strategies are not strictly independent of each other; value is function of not just price quality and service but can also be enhanced by personalization and offering a memorable experience
Allen
Introduction
Retailing involves all activities incidental to selling to ultimate consumer for their personnel family and household use. It does this by organizing their availability on a relatively large scale and supplying them to a customers on arelatively smallscale. Retailer is any person/organization instrumental in reaching the goods or merchandise oer services to the end users.Retailer is a must and cannot be eliminated.
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:
Introduction:
An introduction is the opening phase of a market and is one that is just entering the GRDI, Global Retail Development Index This index is based on more than 25 macro-economic and retail –specific variables.for instance ,the country risk includes parameters like political risk,economic performance,debt indicators,credit ratings,access bank finance and business risk.The market attractiveness covers reail sales per capita ,urban population ,laws and regulations and business efficiency.
Iin this stage all, which are outside the top 30 markets, falls in this stage. At this stage, retailers should monitor and performing high-level assessments, they should plan for their entry strategies. India in the late 1990’s is a good example in the opening stage, while in 2006, Kazakhstan is the country in introduction stage.
Stategy suggested:A rapid penetration strategy is suggested at this stage i>e low price and high promotion.
Growth:
In growth stage, the market is developing quickly and also ready for modern retailing. Countries, which are in Peaking stage, are India, Ukraine and Vietnam. Retailers entering this stage have the best chance for long-term success. Retailers at this stage should enter through local representations, sourcing offices and new stores. Wal-Mart success in china in the late 1990’s and early 2000’s gives us the importance of committing to a promising high-growth market at right time.
Strategy suggested: The strategy of adopting quality and styled products with new models and shift of advertising from product awareness to product preference Eg the big bazaar advt says surf exel is cheaper than the market price.The idea behind adopting strategy is to strengthen against competitors.
Maturity:
In this stage the market is still big and growing, but the space for new entrants will become tighter and retailers should act quickly at this stage because retailers at this stage have limited time to explore, and also their margin for error is thin. In general , they should act according to the established rules and should be open to face the competition from international retailers. This stage generally lasts longer than the previous two stages.
Strategy suggested: Enter new market segments that is either enter new geographic areas eg vishal megha mart has opened stores in smaller cities tier II and III cities
Decline:
The window of opportunity is closing fast and modern retail share is reaching 40 to 60 percent. Though the opportunity is closing the existing retailers can enter with new formats such as discount models or non-food formats such as consumer electronics and apparel.
Window of opportunity ends for about 5 to 10years before a market enters the closing phase and reaches saturation level. India for example, was in the opening stage in 1995 and entered peaking stage in the year 2003 and reached number 1 rank in2005.
Strategy suggested: Identifying weak segments, maintaining investment level selectively.
Unorganized retailing in India
In India, the most of the retail sector is unorganized. In India, the retail business contributes around 11 percent of GDP. Of this, the organized retail sector accounts only for about 3 percent share, and the remaining share is contributed by the unorganized sector. The main challenge facing the organized sector is the competition from unorganized sector. Unorganized retailing has been there in India for centuries, theses are named as mom-pop stores. The main advantage in unorganized retailing is consumer familiarity that runs from generation to generation. It is a low cost structure, they are mostly operated by owners, has very low real estate and labor costs and has low taxes to pay.
Organized retailing in India
In late 1990’s the retail sector has witnessed a level of transformation. Retailing is being perceived as a beginner and as an attractive commercial business for organized business i.e. the pure retailer is starting to emerge now. Organized retail business in India is very small but has tremendous scope. The total in 2005 stood at $225 billion, accounting for about 11% of GDP. In this total market, the organized retail accounts for only $8 billion of total revenue. According to A T Kearney, the organized retailing is expected to be more than $23 billion revenue by 2010.
In organized retailing will grow faster than unorganized sector and the growth speed will be responsible for its high market share, which is expected to be $ 17 billion by 2010-11.
Retailing will show good prospects in cities like Mumbai, Delhi, Chennai, kolkata, Banglore and Kanpur. After Dubai, Singapore and Hong Kong, In India Delhi will be the next big retail destination, According to Confederation of Indian Industries whose findings have shown that Delhi has the good resources and good conditions for the retail sector. Out of the total earnings of the Government of Delhi Rs 11,000 crore, Rs 6,500 crore is achieved from the retail sector.
- Share of Organised Retail
1999 2002 2005
Total Retail (in billion INR) 7000 8250 10000
Organized Retail (in billion INR) 50 150 350
% Share of Organized Retail 0.70% 1.80% 3.5%
The organized sector is expected to grow faster than GDP growth in next few years driven by favorable demographic patterns, changing lifestyles, and strong income growth. This organized retail sector mix includes supermarkets, hypermarkets discounted stores and specialty stores, departmental stores. For example, Spencer network has 69 stores, which includes seven Spencer hypermarkets, three Spencer super markets and 49 Spencer Dailys. Now the company is planning to open 20 stores in 10 cities in six months. The top 10 retailers account only for 2% of total market, today modern retailing is expected to enter a boom phase, which has major players and these players might capture 10% of total market, within next five years. The retail sales in India for future are shown below (data from 2005-2008 is based on estimates):
PRESENT INDIAN SCENARIO
* Unorganized market: Rs. 583,000 crores
* Organized market: Rs.5, 000 crores
* 5X growth in organized retailing between 2000-2005
* Over 4,000 new modern Outlets in the last 3 years
* Over 5,000,000 sq. ft. of mall space under development
* The top 3 modern retailers control over 750,000 sq. ft. of retail space
* Over 400,000 shoppers walk through their doors every week
Growth drivers in India for retail sector
• Rising incomes and improvements in infrastructure are enlarging consumer markets and accelerating the convergence of consumer tastes.
• Liberalization of the Indian economy
• Increase in spending Percapita Income.
• Advent of dual income families also helps in the growth of retail sector.
• Shift in consumer demand to foreign brands like McDonalds, Sony, Panasonic, etc.
• Consumer preference for shopping in new environs
• The Internet revolution is making the Indian consumer more accessible to the growing influences of domestic and foreign retail chains. Reach of satellite T.V. channels is helping in creating awareness about global products for local markets.
• About 47% of India’s population is under the age of 20; and this will increase to 55% by 2015. This young population, which is technology-savvy, watch more than 50 TV satellite channels, and display the highest propensity to spend, will immensely contribute to the growth of the retail sector in the country.
• Availability of quality real estate and mall management practices
• Foreign companies’ attraction to India is the billion-plus population.
Employment opportunities in retail sector in India
India’s retail industry is the second largest sector, after agriculture, which provides employment. According to Associated Chambers of Commerce and Industry of India (ASSOCHAM), the retail sector will create 50,000 jobs in next few years.
Retail companies are starting retail manamgent courses in partnership with management institutes, roping in talent from other sectors and developing comprehensive career growth and loyalty plans for existing employees.
Top players like Pantaloon Retail India Limited, Trent, Shopper’s Stop, RPG Group and ebony are virtually on their toes.
Consider the plans of largest player, The Pantaloon Retail India Ltd, the company has developed a comprehensive strategy, where in it expects that in 2years, it will not recruit any new managers from outside.
“The estimated need is 1 lakh of employees till 2011″, said Mr. Sanjoy Jog, HR Head at Pantaloon Retail India Ltd. Pantaloon has the concept of partnership with educational Institute to run retail courses across the entire chain. The company has tied up with 11-B schools including K J Somaiya , Welinkars, Narsee Monjre and IISWBM. “The students joins the course and they are given an appointment letter by Pantaloon to become employees” said Mr. Jog, Pantaloon. Pantaloon is also planning to tie up with Ahmedabad-based National Institute of Design to start a course in visual merchandising. “The apex body of Indian organized retailers, Retailers Association of India( RAI) is also lending help hand to tide over the shortage of employees in organized retail sector.
Trent has also started in-house learning programmes and now goes to under graduate colleges to recruit students.
Since, the job market is hugely receptive to this with more and more business schools focusing on the sector and large retailers setting up retail academics.
Challenges of Retailing in India
In India the Retailing industry has a long way to go,and to become a truly flourishing industry, retailing needs to cross the following hurdles:
* The first challenge facing the organized retail sector is the competition from unorganized sector.
* In retail sector, Automatic approval is not allowed for foreign investment.
* Taxation, which favors small retail businesses.
* Developed supply chain and integrated IT management is absent in retail sector.
* Lack of trained work force.
* Low skill level for retailing management.
* Intrinsic complexity of retailing- rapid price changes, threat of product obsolescence and low margins.
* Organized retail sector has to pay huge taxes, which is negligible for small retail business.
*Cost of business operations is very high in India.
Conclusion
Many agencies have estimated differently about the size of organized retail market in 2010. The one thing that is common amongst these estimates is that Indian organized retail market will be very big in 2010. The status of the retail industry will depend mostly on external factors like Government regulations and policies and real estate prices, besides the activities of retailers and demands of the customers also show impact on retail industry.
As the retail market place changes shape and competition increases, the potential for improving retail productivity and cutting costs is likely to decrease. Therefore it is important for retailers to secure a distinctive position in the market place based on values relationships or experience.
Finally it is important to note that these strategies are not strictly independent of each other; value is function of not just price quality and service but can also be enhanced by personalization and offering a memorable experience
Allen
Comments Off
Apr
23
Rose asked:
I like to know the prices of Indian (Asia) products in Indian currency. Where can I get these details?
Tina
I like to know the prices of Indian (Asia) products in Indian currency. Where can I get these details?
Tina
Comments Off
Apr
21
Filed Under (Shopping) by admin
MTnews asked:
Daily Market Commentary for January 14, 2009 from Millennium-Traders.Com
Poor retail sales were reported as the worst seen in 16 years, added selling pressure to the markets. (read more)
http://www.millennium-traders.com/news/newscommentary.aspx
Economic data released today:
Mortgage Banker’s Association (MBA) Purchase Applications:
U.S. MBA Refinance Index rose 25.6% at 7414.1compared to last week at 5904.5; U.S. MBA Market Index rose 15.8% at 1324.8 compared to last week at 1143.8; U.S. MBA Purchase Index fell 14.1% at 295.8 compared to last week at 344.2.
Import and Export Prices:
U.S. December Import Prices fell 4.2% compared to consensus of a drop by 6.0%; U.S. December Non-Petroleum Import Prices fell 1.1%; U.S. December Petroleum Import Prices fell 21.4%.
Retail Sales:
U.S. December Retail & Food Sales fell 2.7% compared to consensus of a drop by 1.2%; U.S. December Retail & Food Sales Excluding-Autos fell 3.1%; U.S. November Retail & Food Sales revised to a drop by 2.1% from a drop by 1.8%.
Business Inventories:
U.S. November Business Inventories fell by 0.7% compared to expectations of a drop by 0.4%.
Fed Beige Book:
Many financial job cuts not yet seen in payroll data; year-end financial bonuses seen down at least 20%-30%; layoffs continue in most districts, wages contained; credit quality remains a concern; lending activity down, lending conditions tighter; ’sizable’ price discounting seen during holidays; retail sales weak over holiday season; economic activity continues to weaken.
At the NYSE closing bell on the New York Stock Exchange, here is how the major world indices and major U.S. stock indices ended the trading session on the world markets as well as the emerging markets including the stock market closing bell price:
DOW (Dow Jones Industrial Average) triple digit loss of 248.42 points to end the trading session at 8,200.14
NYSE (New York Stock Exchange) triple digit loss of 210.16 points to end the trading session at 5,328.68
National Association of Securities Dealers Automated Quotations (NASDAQ) loss of 58.82 points to end the trading session at 1,489.64
S&P 500 (SPX) loss of 29.17 points to end the trading session at 842.62
FTSE All-World Index data excluding U.S. (AW01UK) loss of 4.53 points to end the trading session at 139.93
FTSE RAFI 1000 triple digit loss of 119.85 points to end the trading session at 3,228.43
BEL 20 (BEL20) loss of 72.75 points to end the trading session at 1,890.27
CAC 40 (CAC40) triple digit loss of 145.89 points to end the trading session at 3,052.00
FTSE100 (UKX100) triple digit loss of 218.51 points to end the trading session at 4,180.64
NIKKEI 225 (NIK/O) gain of 24.54 points at the end the trading session at 8,438.45
New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 344, declined stock prices 2,818, unchanged stock prices 47, stock prices hitting new highs 4 and stock prices hitting new lows 57. NYSE quotes for volatile stocks and market trends, as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the New York Stock Exchange stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: Siemens AG (NYSE: SI) stock price shed 7.94 points on the trading session, high on the trading session $56.81, low on the trading session $55.28, with a closing stock price at $55.93; Cliffs Natural Resources Incorporated (NYSE: CLF) stock price shed 4.43 points on the trading session, high on the trading session $24.45, low on the trading session $20.90, with a closing stock price at $21.06; Hess Corporation (NYSE: HES) stock price shed 2.62 points on the trading session, high on the trading session $52.75, low on the trading session $50.24, with a closing stock price at $51.33; Rio Tinto plc (NYSE: RTP) stock price shed 8.93 points on the trading session, high on the trading session $84.70, low on the trading session $78.83, with a closing stock price at $83.00; Bunge Limited (NYSE: BG) stock price shed 6.56 points on the trading session, high on the trading session $143.40, low on the trading session $38.75, with a closing stock price at $41.61; Deutsch Bank AG (NYSE: DB) stock price shed 2.92 points on the trading session, high on the trading session $29.52, low on the trading session $28.68, with a closing stock price at $28.98; ProShares Ultrashort S&P 500 (NYSE: SDS) stock price gained 4.55 points on the trading session, high on the trading session $81.07, low on the trading session $77.53, with a closing stock price at $79.83; ProShares Ultrashort Financials (NYSE: SKF) stock price gained 13.56 points on the trading session, high on the trading session $142.00, low on the trading session $133.61, with a closing stock price at $140.46; CME Group Incorporated (NYSE: CME) stock price shed 7.57 points on the trading session, high on the trading session $181.56, low on the trading session $175.00, with a closing stock price at $177.45; ProShares Ultrashort Real Estate (NYSE: SRS) stock price gained 6.52 points on the trading session, high on the trading session $69.20, low on the trading session $65.17, with a closing stock price at $67.97.
National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 497, declined stock prices 2,305, unchanged stock prices 125, stock prices hitting new highs 3 and stock prices hitting new lows 64. NASDAQ quotes, volatile stocks and market trends, as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the NASDAQ stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: Linear Technology Corporation (NasdaqGS: LLTC) stock price shed 0.93 points on the trading session, high on the trading session $22.58, low on the trading session $21.52, with a closing stock price at $21.67; First Solar Incorporated (NasdaqGS: FSLR) stock price shed 7.32 points on the trading session, high on the trading session $138.49, low on the trading session $130.88, with a closing stock price at $133.78.
Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 164, declined stock prices 429, unchanged stock prices 53, stock prices hitting new highs 2 and stock prices hitting new lows 13.
Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 09: End of trading session price 839.50; Change for the trading session -29.00
E-mini NASDAQ-100 (NQ) Mar 09: End of trading session price 1,165.75; Change for the trading session -38.25
E-mini DOW $5 (YM) Mar 09: End of trading session price 8,162; Change for the trading session -246
E-mini S&P MidCap 400 (MF) Mar 09: End of trading session price 499.60; Change for the trading session -20
E-mini S&P Small Cap 600 (HS) Mar 09: End of trading session price 8,065; Change for the trading session -265
World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7595 to U.S. Dollars 1.3167
Japanese Yen 89.10 to U.S. Dollars 0.0112
British Pound 0.6863 to U.S. Dollars 1.4570
Canadian Dollar 1.2471 to U.S. Dollars 0.8019
Swiss Franc 1.1171 to U.S. Dollars 0.8952
COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (February 09) shed $0.50 on the trading session for a closing price of $37.46 per barrel ($US per barrel)
Heating Oil (February 09) shed $0.05 on the trading session for a closing price of $1.46 a gallon ($US per gallon)
Natural Gas (March 09) shed $0.19 on the trading session for a closing price of $4.96 per million BTU ($US per mmbtu.)
Unleaded Gas (February 09) gained $0.02 on the trading session for a closing price of $1.17 a gallon ($US per gallon)
Metals Markets - Comex:
Gold (February 09) shed $11.90 on the trading session for a closing price of $808.80 ($US per Troy ounce)
Silver (March 09) shed $0.21 on the trading session for a closing price of $10.48 ($US per Troy ounce)
Platinum (April 09) shed $20.20 on the trading session for a closing price of $937.30 ($US per Troy ounce)
Copper (March 09) shed $0.06 on the trading session for a closing price of $1.49 ($US per pound)
Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (February 09) shed 0.58 on the trading session for a closing price of 66.70
Pork Bellies (February 09) gained 0.10 on the trading session for a closing price of 85.10
Live Cattle (February 09) shed 0.75 on the trading session for a closing price of 86.83
Feeder Cattle (March 09) shed 0.28 on the trading session for a closing price of 94.63
Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (March 09) gained 4.00 on the trading session for a closing price of 366.50
Soybeans (March 09) no change on the trading session for a closing price of 971.50
BOND MARKET:
2 year Bond Closing price 100 10/32, change 2/32, Yield 0.71, Yield change -0.03
5 year Bond closing price of 100 22/32, change 13/32, Yield 1.35, Yield change -0.08
10 year Bond closing price 113 19/32, change 27/32, Yield 2.20, Yield change -0.09
30 year Bond closing price 131 24/32, change 3 2/32, Yield 2.88, Yield change -0.13
Thanks for reading
Millennium-Traders.Com
http://www.millennium-traders.com
Jacqueline
Daily Market Commentary for January 14, 2009 from Millennium-Traders.Com
Poor retail sales were reported as the worst seen in 16 years, added selling pressure to the markets. (read more)
http://www.millennium-traders.com/news/newscommentary.aspx
Economic data released today:
Mortgage Banker’s Association (MBA) Purchase Applications:
U.S. MBA Refinance Index rose 25.6% at 7414.1compared to last week at 5904.5; U.S. MBA Market Index rose 15.8% at 1324.8 compared to last week at 1143.8; U.S. MBA Purchase Index fell 14.1% at 295.8 compared to last week at 344.2.
Import and Export Prices:
U.S. December Import Prices fell 4.2% compared to consensus of a drop by 6.0%; U.S. December Non-Petroleum Import Prices fell 1.1%; U.S. December Petroleum Import Prices fell 21.4%.
Retail Sales:
U.S. December Retail & Food Sales fell 2.7% compared to consensus of a drop by 1.2%; U.S. December Retail & Food Sales Excluding-Autos fell 3.1%; U.S. November Retail & Food Sales revised to a drop by 2.1% from a drop by 1.8%.
Business Inventories:
U.S. November Business Inventories fell by 0.7% compared to expectations of a drop by 0.4%.
Fed Beige Book:
Many financial job cuts not yet seen in payroll data; year-end financial bonuses seen down at least 20%-30%; layoffs continue in most districts, wages contained; credit quality remains a concern; lending activity down, lending conditions tighter; ’sizable’ price discounting seen during holidays; retail sales weak over holiday season; economic activity continues to weaken.
At the NYSE closing bell on the New York Stock Exchange, here is how the major world indices and major U.S. stock indices ended the trading session on the world markets as well as the emerging markets including the stock market closing bell price:
DOW (Dow Jones Industrial Average) triple digit loss of 248.42 points to end the trading session at 8,200.14
NYSE (New York Stock Exchange) triple digit loss of 210.16 points to end the trading session at 5,328.68
National Association of Securities Dealers Automated Quotations (NASDAQ) loss of 58.82 points to end the trading session at 1,489.64
S&P 500 (SPX) loss of 29.17 points to end the trading session at 842.62
FTSE All-World Index data excluding U.S. (AW01UK) loss of 4.53 points to end the trading session at 139.93
FTSE RAFI 1000 triple digit loss of 119.85 points to end the trading session at 3,228.43
BEL 20 (BEL20) loss of 72.75 points to end the trading session at 1,890.27
CAC 40 (CAC40) triple digit loss of 145.89 points to end the trading session at 3,052.00
FTSE100 (UKX100) triple digit loss of 218.51 points to end the trading session at 4,180.64
NIKKEI 225 (NIK/O) gain of 24.54 points at the end the trading session at 8,438.45
New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 344, declined stock prices 2,818, unchanged stock prices 47, stock prices hitting new highs 4 and stock prices hitting new lows 57. NYSE quotes for volatile stocks and market trends, as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the New York Stock Exchange stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: Siemens AG (NYSE: SI) stock price shed 7.94 points on the trading session, high on the trading session $56.81, low on the trading session $55.28, with a closing stock price at $55.93; Cliffs Natural Resources Incorporated (NYSE: CLF) stock price shed 4.43 points on the trading session, high on the trading session $24.45, low on the trading session $20.90, with a closing stock price at $21.06; Hess Corporation (NYSE: HES) stock price shed 2.62 points on the trading session, high on the trading session $52.75, low on the trading session $50.24, with a closing stock price at $51.33; Rio Tinto plc (NYSE: RTP) stock price shed 8.93 points on the trading session, high on the trading session $84.70, low on the trading session $78.83, with a closing stock price at $83.00; Bunge Limited (NYSE: BG) stock price shed 6.56 points on the trading session, high on the trading session $143.40, low on the trading session $38.75, with a closing stock price at $41.61; Deutsch Bank AG (NYSE: DB) stock price shed 2.92 points on the trading session, high on the trading session $29.52, low on the trading session $28.68, with a closing stock price at $28.98; ProShares Ultrashort S&P 500 (NYSE: SDS) stock price gained 4.55 points on the trading session, high on the trading session $81.07, low on the trading session $77.53, with a closing stock price at $79.83; ProShares Ultrashort Financials (NYSE: SKF) stock price gained 13.56 points on the trading session, high on the trading session $142.00, low on the trading session $133.61, with a closing stock price at $140.46; CME Group Incorporated (NYSE: CME) stock price shed 7.57 points on the trading session, high on the trading session $181.56, low on the trading session $175.00, with a closing stock price at $177.45; ProShares Ultrashort Real Estate (NYSE: SRS) stock price gained 6.52 points on the trading session, high on the trading session $69.20, low on the trading session $65.17, with a closing stock price at $67.97.
National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 497, declined stock prices 2,305, unchanged stock prices 125, stock prices hitting new highs 3 and stock prices hitting new lows 64. NASDAQ quotes, volatile stocks and market trends, as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the NASDAQ stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: Linear Technology Corporation (NasdaqGS: LLTC) stock price shed 0.93 points on the trading session, high on the trading session $22.58, low on the trading session $21.52, with a closing stock price at $21.67; First Solar Incorporated (NasdaqGS: FSLR) stock price shed 7.32 points on the trading session, high on the trading session $138.49, low on the trading session $130.88, with a closing stock price at $133.78.
Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 164, declined stock prices 429, unchanged stock prices 53, stock prices hitting new highs 2 and stock prices hitting new lows 13.
Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 09: End of trading session price 839.50; Change for the trading session -29.00
E-mini NASDAQ-100 (NQ) Mar 09: End of trading session price 1,165.75; Change for the trading session -38.25
E-mini DOW $5 (YM) Mar 09: End of trading session price 8,162; Change for the trading session -246
E-mini S&P MidCap 400 (MF) Mar 09: End of trading session price 499.60; Change for the trading session -20
E-mini S&P Small Cap 600 (HS) Mar 09: End of trading session price 8,065; Change for the trading session -265
World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7595 to U.S. Dollars 1.3167
Japanese Yen 89.10 to U.S. Dollars 0.0112
British Pound 0.6863 to U.S. Dollars 1.4570
Canadian Dollar 1.2471 to U.S. Dollars 0.8019
Swiss Franc 1.1171 to U.S. Dollars 0.8952
COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (February 09) shed $0.50 on the trading session for a closing price of $37.46 per barrel ($US per barrel)
Heating Oil (February 09) shed $0.05 on the trading session for a closing price of $1.46 a gallon ($US per gallon)
Natural Gas (March 09) shed $0.19 on the trading session for a closing price of $4.96 per million BTU ($US per mmbtu.)
Unleaded Gas (February 09) gained $0.02 on the trading session for a closing price of $1.17 a gallon ($US per gallon)
Metals Markets - Comex:
Gold (February 09) shed $11.90 on the trading session for a closing price of $808.80 ($US per Troy ounce)
Silver (March 09) shed $0.21 on the trading session for a closing price of $10.48 ($US per Troy ounce)
Platinum (April 09) shed $20.20 on the trading session for a closing price of $937.30 ($US per Troy ounce)
Copper (March 09) shed $0.06 on the trading session for a closing price of $1.49 ($US per pound)
Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (February 09) shed 0.58 on the trading session for a closing price of 66.70
Pork Bellies (February 09) gained 0.10 on the trading session for a closing price of 85.10
Live Cattle (February 09) shed 0.75 on the trading session for a closing price of 86.83
Feeder Cattle (March 09) shed 0.28 on the trading session for a closing price of 94.63
Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (March 09) gained 4.00 on the trading session for a closing price of 366.50
Soybeans (March 09) no change on the trading session for a closing price of 971.50
BOND MARKET:
2 year Bond Closing price 100 10/32, change 2/32, Yield 0.71, Yield change -0.03
5 year Bond closing price of 100 22/32, change 13/32, Yield 1.35, Yield change -0.08
10 year Bond closing price 113 19/32, change 27/32, Yield 2.20, Yield change -0.09
30 year Bond closing price 131 24/32, change 3 2/32, Yield 2.88, Yield change -0.13
Thanks for reading
Millennium-Traders.Com
http://www.millennium-traders.com
Jacqueline
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Apr
21
josie11 asked:
I have been trying to find a job and I have been out of the job market for some time now and I am ready to get back in it but it has been hard. I have retail sales and customer service experience and I just don’t know where to start.
Jennifer
I have been trying to find a job and I have been out of the job market for some time now and I am ready to get back in it but it has been hard. I have retail sales and customer service experience and I just don’t know where to start.
Jennifer
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Apr
21
Filed Under (Shopping) by admin
Larry Pfeil asked:
The price of oil impacts nearly every part of our lives, but what it means to retailers can be especially profound. More expensive oil translates into higher material costs, higher manufacturing costs, and higher transportation costs for the delivery of goods; but it also translates into higher fuel costs for consumers needed to visit brick and mortar stores. Retailers are caught in the middle between an increasing cost of goods and fewer customers visiting their stores.
In order to stay competitive, and in some cases in order to survive, retailers need to adapt to changes in the shopping habits of consumers and continue to meet the consumers’ needs. As gas prices rise, more and more consumers are shopping from home. While changes in consumer shopping habits present obvious challenges, they also present significant opportunities for retailers who are willing to adapt to and meet the changing needs of their customers. Simply put, retailers have to be able to effectively and efficiently serve remote shoppers, and a critical component of serving remote shoppers is handling inbound phone calls.
Today, most businesses treat inbound phone calls more as an annoyance than an opportunity. The promise of e-commerce led many businesses to direct limited resources away from phone-based sales toward Internet-based sales. However, it is not web-savvy consumers that make up the bulk of new remote shoppers. The fact of the matter is that as more shopping is done from home, inbound phone calls will necessarily become an increasingly important part of a retailer’s sales prospects. Businesses that embrace the change will benefit to the detriment of those that resist. Retailers who are willing can capitalize on inbound sales calls by establishing a plan to handle the calls and convert them into sales.
To a remote shopper, the image projected by a business over the phone is the equivalent of the storefront. It is imperative that retailers project a polished and professional image over the phone. First, every business should have a strict policy for answering the phone. Each person within the business that answers incoming phone calls should follow an incoming call script that is short, cheerful, and professional. The script should identify the name of the business and is an opportunity to thank the caller for taking the time to call. For example, “Thank you for calling XYZ Corporation, how may I help you?” Basic phone etiquette is important and anyone that answers the phone should be trained to be polite, speak clearly, smile while speaking, and use appropriate grammar and language.
Second, businesses should have a method in place for keeping callers on the line during call transfers or call queues. A well crafted on hold program is crucial to every business that receives inbound phone calls. On hold programs should be a combination of short, positive messages that emphasize aspects of the business, its products or services; and cheerful, upbeat music. On hold message content may be coordinated with specific marketing campaigns by adding on hold marketing to a company’s overall marketing mix. However, program formatting is important, as a poorly crafted on hold program might project a negative company image and might actually increase the incidence of hang-ups.
And last, anyone handling inbound sales calls should be trained in basic salesmanship. The goal of a business in receiving inbound calls is to convert as many of the calls as possible into orders. By adapting to changes in consumer shopping habits; challenges such as the rising price of gas can be turned into opportunities to differentiate a business from its competitors and provide a level of service that will keep current customers as well as attract new customers from business that continue to resist the change. While the increasing price of oil presents a significant challenge to businesses and consumers alike, businesses that anticipate and adapt to changes in consumer shopping patterns can take measures to minimize negative effects, or even benefit from the change.
Bessie
The price of oil impacts nearly every part of our lives, but what it means to retailers can be especially profound. More expensive oil translates into higher material costs, higher manufacturing costs, and higher transportation costs for the delivery of goods; but it also translates into higher fuel costs for consumers needed to visit brick and mortar stores. Retailers are caught in the middle between an increasing cost of goods and fewer customers visiting their stores.
In order to stay competitive, and in some cases in order to survive, retailers need to adapt to changes in the shopping habits of consumers and continue to meet the consumers’ needs. As gas prices rise, more and more consumers are shopping from home. While changes in consumer shopping habits present obvious challenges, they also present significant opportunities for retailers who are willing to adapt to and meet the changing needs of their customers. Simply put, retailers have to be able to effectively and efficiently serve remote shoppers, and a critical component of serving remote shoppers is handling inbound phone calls.
Today, most businesses treat inbound phone calls more as an annoyance than an opportunity. The promise of e-commerce led many businesses to direct limited resources away from phone-based sales toward Internet-based sales. However, it is not web-savvy consumers that make up the bulk of new remote shoppers. The fact of the matter is that as more shopping is done from home, inbound phone calls will necessarily become an increasingly important part of a retailer’s sales prospects. Businesses that embrace the change will benefit to the detriment of those that resist. Retailers who are willing can capitalize on inbound sales calls by establishing a plan to handle the calls and convert them into sales.
To a remote shopper, the image projected by a business over the phone is the equivalent of the storefront. It is imperative that retailers project a polished and professional image over the phone. First, every business should have a strict policy for answering the phone. Each person within the business that answers incoming phone calls should follow an incoming call script that is short, cheerful, and professional. The script should identify the name of the business and is an opportunity to thank the caller for taking the time to call. For example, “Thank you for calling XYZ Corporation, how may I help you?” Basic phone etiquette is important and anyone that answers the phone should be trained to be polite, speak clearly, smile while speaking, and use appropriate grammar and language.
Second, businesses should have a method in place for keeping callers on the line during call transfers or call queues. A well crafted on hold program is crucial to every business that receives inbound phone calls. On hold programs should be a combination of short, positive messages that emphasize aspects of the business, its products or services; and cheerful, upbeat music. On hold message content may be coordinated with specific marketing campaigns by adding on hold marketing to a company’s overall marketing mix. However, program formatting is important, as a poorly crafted on hold program might project a negative company image and might actually increase the incidence of hang-ups.
And last, anyone handling inbound sales calls should be trained in basic salesmanship. The goal of a business in receiving inbound calls is to convert as many of the calls as possible into orders. By adapting to changes in consumer shopping habits; challenges such as the rising price of gas can be turned into opportunities to differentiate a business from its competitors and provide a level of service that will keep current customers as well as attract new customers from business that continue to resist the change. While the increasing price of oil presents a significant challenge to businesses and consumers alike, businesses that anticipate and adapt to changes in consumer shopping patterns can take measures to minimize negative effects, or even benefit from the change.
Bessie
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Apr
18
Filed Under (Shopping) by admin
sh8dybrady120 asked:
i am tryina apply online to the apple store near me & it asks how many years i have been in retail sales. ive worked at a wendy’s, an arcade, an acme (supermarket) & most recently at a toys r us.
i am tryina apply online to the apple store near me & it asks how many years i have been in retail sales. ive worked at a wendy’s, an arcade, an acme (supermarket) & most recently at a toys r us.
is any of that considered to be retail sales?
i only worked at registers except at the arcade, where i only counted tickets and gave out change and prizes
Emily
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Apr
17
Filed Under (Shopping) by admin
FASTLANE asked:
Needing a retail sales tax ID number.Does anyone know what I must do to get this is the state of N.C. ?
Barry
Needing a retail sales tax ID number.Does anyone know what I must do to get this is the state of N.C. ?
Barry
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Apr
16
Filed Under (Shopping) by admin
EJM asked:
Would like to know legal steps are needed once protoype has been created for a board game that is planned for retail sales.
How do you add all the safety info and age group recommendations and do you need some type of lianility insurance as well?
Rosemary
Would like to know legal steps are needed once protoype has been created for a board game that is planned for retail sales.
How do you add all the safety info and age group recommendations and do you need some type of lianility insurance as well?
Rosemary
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Apr
16
Filed Under (Shopping) by admin
Sejal asked:
Bharatbook.com is glad to announce a new report titled “Middle East Retail Sector Analysis (2007-2010)”.
The retail sector in the Middle East region is growing rapidly. The increasing household consumption, affluent population, and booming services industry (tourism, banking and trading sectors) are propelling growth of the region’s retail industry. Also, the modern shopping malls anchoring state-of-the-art hypermarkets and various shopping events like Dubai Shopping Festival, makes the region a highly profitable destination for retail players, says “Middle East Retail Sector Analysis (2007-2010)”, the latest research report.
The report provides extensive research and rational analysis on the retail industry of the Middle East. It provides country-level analysis of the retail industry scenario in the Middle East. The report prudently evaluates various aspects of the industry and underlines the key issues related to the industry. The research report helps clients to analyze the opportunities and factors critical to the success of the retail industry in the Middle East.
Middle Eastern countries examined in this report include those of the Gulf Co-operation Council (GCC), the United Arab Emirates (UAE), Saudi Arabia, Kuwait, Oman and other countries that are part of the Middle East, like Turkey, Egypt, Jordan, Israel, and Iran.
Key Findings
Increasing population and growing economy will remain one of the major key drivers for the growth of retail industry in the Middle East Region.
Per capita consumption of cosmetics and fragrances in the Gulf region is one of the highest in the world.
Large availability of retail space in the Middle East makes the region all the more attractive for industry players. Dubai is alone expected to see a growth of over 263% in Gross Leasable Area by 2010 from 2006.
Various shopping events like Dubai (Dubai Summer Surprises and Dubai Shopping Festival) and Dubai Duty Free (DDF) is the major contributor in the UAE’s retail industry, with retail sales in DDF accounting for more than 9% of total retail sales in the UAE.
The trend of shopping at modern retail formats is growing in Middle East.
Preference for international brands among consumers in the Middle East is increasing.
Prevalence of lifestyle-related diseases offers opportunities for dietetic and health foods
For further information kindly visit: http://www.bharatbook.com/detail.asp?id=50039
OR Contact us at
Bharat Book Bureau
207, Hermes Atrium, Sector 11, PO Box.54, CBD Belapur, Navi Mumbai - 400 614, India.
Phone: +91 22 2757 8668 / 2757 9438
Fax: +91 22 2757 9131
E-mail: info@bharatbook.com
Website: www.bharatbook.com
Gary
Bharatbook.com is glad to announce a new report titled “Middle East Retail Sector Analysis (2007-2010)”.
The retail sector in the Middle East region is growing rapidly. The increasing household consumption, affluent population, and booming services industry (tourism, banking and trading sectors) are propelling growth of the region’s retail industry. Also, the modern shopping malls anchoring state-of-the-art hypermarkets and various shopping events like Dubai Shopping Festival, makes the region a highly profitable destination for retail players, says “Middle East Retail Sector Analysis (2007-2010)”, the latest research report.
The report provides extensive research and rational analysis on the retail industry of the Middle East. It provides country-level analysis of the retail industry scenario in the Middle East. The report prudently evaluates various aspects of the industry and underlines the key issues related to the industry. The research report helps clients to analyze the opportunities and factors critical to the success of the retail industry in the Middle East.
Middle Eastern countries examined in this report include those of the Gulf Co-operation Council (GCC), the United Arab Emirates (UAE), Saudi Arabia, Kuwait, Oman and other countries that are part of the Middle East, like Turkey, Egypt, Jordan, Israel, and Iran.
Key Findings
Increasing population and growing economy will remain one of the major key drivers for the growth of retail industry in the Middle East Region.
Per capita consumption of cosmetics and fragrances in the Gulf region is one of the highest in the world.
Large availability of retail space in the Middle East makes the region all the more attractive for industry players. Dubai is alone expected to see a growth of over 263% in Gross Leasable Area by 2010 from 2006.
Various shopping events like Dubai (Dubai Summer Surprises and Dubai Shopping Festival) and Dubai Duty Free (DDF) is the major contributor in the UAE’s retail industry, with retail sales in DDF accounting for more than 9% of total retail sales in the UAE.
The trend of shopping at modern retail formats is growing in Middle East.
Preference for international brands among consumers in the Middle East is increasing.
Prevalence of lifestyle-related diseases offers opportunities for dietetic and health foods
For further information kindly visit: http://www.bharatbook.com/detail.asp?id=50039
OR Contact us at
Bharat Book Bureau
207, Hermes Atrium, Sector 11, PO Box.54, CBD Belapur, Navi Mumbai - 400 614, India.
Phone: +91 22 2757 8668 / 2757 9438
Fax: +91 22 2757 9131
E-mail: info@bharatbook.com
Website: www.bharatbook.com
Gary
Comments Off
