Offline Retails Facing Challenge in China

Recently,Roland Berger has released"How offline retailers can win customer traffic?"According to the report,omnichannel retail strategies for brands and retailers showed offline retailers ways to attract more customers.It explained how offline retailers win the favor of consumers in the constandy evolving retail industry and macroeconomic-environment.

Retails Star 古灵精怪生活廊

近日在K11 Select开设分号的Gallery de Vie(英文加法语,意指生活艺廊),先由铜锣湾搬到歌赋街再来到现址太平山街,为的不是要得到更好的环境,而是因为租金问题逼迁不断。但回看Gallery de Vie因为铺位空间而不断转型,都不失为一个有趣的进化过程。

Retails Star“茉莉”的长寿纸袋

大抵每位爱购物的女性,都会有这样的烦恼——家中储物柜中叠好大小不一的一次性购物纸袋,光鲜亮丽,然而扔也不是,再寻用处也不多。家庭主妇多半对这种生活中不疼不痒的物品养成视而不见的功夫,然而就有一位好主妇戴莉珍——茉莉姐,把这家中鸡肋,变成自家经营的茉莉二手书店的一项福利。

Omni-Channel Retailing and Firm Performance from a Customer Lifetime Value Perspective

In the digital era,retailers are keen to find out whether omni-channel retailing helps improve long-term firm performance.In this paper,we employ machine learning techniques on a large consumption data set in order to measure customer lifetime value(CLV)as the basis for determining long-term firm performance,and we provide an empirical analysis of the relationship between omni-channel retailing and CLV.The results suggest that omni-channel retailing may effectively enhance CLV.Further analysis reveals that this process is influenced by heterogeneous consumer requirements and that significant differences exist in the extent to which the omni-channel transition may influence CLV depending on consumer preferences for diversity of commodities,sensitivity to the cost of contract performance,and sensitivity to warehousing costs.Hence,retailers should provide consumers with a complete portfolio of goods and services based on target consumers’heterogeneous requirements in order to increase omni-channel efficiency.

The Interrelationship between Culture and Capital Structure:Evidence from International Retailers

The present study investigates the influence of cultural factors in 2022 on the capital structure of global retailers.There are sixteen retailers from eight countries in the sample.In recent times,numerous academicians have taken an interest in examining the capital structure and business model of retailers,owing to their swift and consistent growth.However,the fact that the majority of research originates from the retailers’host country gives rise to debate regarding the applicability of the capital structure of said retailers to countries with distinct cultural environments.Consequently,academics have begun to investigate whether the capital structure of multinational retailers is impacted by the diversity of national cultures.

EVENTS CALENDAR

China Sees Rising Retail Sales in Q1 China’s retail sales of consumer goods,a major indicator of the country’s consumption strength,climbed 4.7 percent year on year in the first quarter of 2024.The figure was slightly lower than the 5.5 percent rise registered during the January-February period,according to data from the National Bureau of Statistics(NBS).

What Slowdown?

China remains a key source of growth and profits for many multinationals In March,Apple opened its largest retail store on the Chinese mainland in Shanghai-the company’s second-largest flagship store after its Fifth Avenue outlet in New York.The new addition brings Apple’s store tally in Shanghai and the Chinese market to eight and 57,respectively,a significant milestone for the company,which opened its first store in China in 2008.

我国某城市市售食品中PCDD/Fs污染水平和人群二噁英膳食暴露量研究

The status of PCDDs and PCDFs content in retail foods from a certain area by Isotope Dilution HRGC-HRMS was surveyed and the local population PCDD/Fs exposure from diverse foods and health risk was evaluated.PCDD/Fs was extracted from samples by Soxhlet extraction,concentrated and purified by FMS column chromatograph,carbon column enrichment.Confirmation and quantitative analysis at pg/g level of PCDD/Fs was performed by HRGC/HRMS using multiple ion detection mode(MID).TEQ concentration was calculated by WHO-TEF multiplying by concentration of seventeen PCDD/Fs congener.Median of PCDD/Fs concentration for fish,livestock,poultry,egg,vegetable oil,milk,vegetable totally 100 samples for ten diverse foods didn’t exceed the limit standards by EU.The level of PCDD/Fs for different food in the certain area was lower or comparable to the data reported by developed country in the world.The total weekly intake and monthly intake for local population or national population was 3.44,14.8 WHO-TEQ/kg BW and 1.5,6.42 pg WHO-TEQ/kg BW respectively,the value was lower than the Tolerable Weekly Intake of 14 pg WHO TEQ/kg BW for PCDDs,PCDFs and dioxin-like PCBs established by EU Scientific Committee for Food.The dietary PCDD/Fs intake for local people was higher than national population.And animal food was the dominant contributor to the total dietary intake,which accounted for more than 70 percent.These levels of consumption of diverse food containing typical levels of PCDD/Fs doesn’t present a risk to the health of the local population.But integrative dietary intake could be evaluated including of PCBs intake for population in the future.

Genotypic Characterization of Methicillin-resistant Staphylococcus aureus Isolated from Pigs and Retail Foods in China

Objective To investigate the genotypic diversity of Methicillin-resistant Staphylococcus aureus （MRSA） isolated from pigs and retail foods from different geographical areas in China and further to study the routes and rates of transmission of this pathogen from animals to food. Methods Seventy-one MRSA isolates were obtained from pigs and retail foods and then characterized by multi-locus sequencing typing （MLST）, spa typing, multiple-locus variable number of tandem repeat analysis （MLVA）, pulsed-field gel electrophoresis （PFGE）, and antimicrobial susceptibility testing. Results All isolated MRSA exhibited multi-drug resistance （MDR）. Greater diversity was found in food-associated MRSA （7 STs, 8 spa types, and 10 MLVA patterns） compared to pig-associated MRSA （3 STs, 1 spa type, and 6 MLVA patterns）. PFGE patterns were more diverse for pig-associated MRSA than those of food-associated isolates （40 vs. 11 pulse types）. Among the pig-associated isolates, CC9-ST9-t899-MC2236 was the most prevalent clone （96.4%）, and CC9-ST9-t437-MC621 （20.0%） was the predominant clone among the food-associated isolates. The CC9-ST9 isolates showed significantly higher antimicrobial resistance than other clones. Interestingly, CC398-ST398-t034 clone was identified from both pig- and food-associated isolates. Of note, some community- and hospital-associated MRSA strains （t030, t172, t1244, and t4549） were also identified as food-associated isolates. Conclusion CC9-ST9-t899-MC2236-MDR was the most predominant clone in pigs, but significant genetic diversity was observed in food-associated MRSA. Our results demonstrate the great need for improved surveillance of MRSA in livestock and food and effective prevention strategies to limit MDR-MRSA infections in China.

Downtown Retailing Development Under Suburbanization——A Case Study of Beijing

The role of retailing has diminished in the center of cities of Western countries since its heyday in the 1920s. This trend was caused by violent transformations in the economic, social and locational contexts which involve resi- dential suburbanization, as well as new forms of commercial development out of town. As far as transforming China is concerned, the downtown retailing center has also come to turning point of development in the context of suburbaniza- tion. Based on the survey of Beijing residents’ shopping behavior, the present research tends to making clear the actual change and development problem of downtown retailing center. Combining with the macro retailing environment, re- lated influencing factors are further discussed too. Study results show that downtown retailing still plays an important part in resident’s shopping activity. However, with rapid urban sprawl, retailing in urban center has been greatly threatened by booming out-of-town commerce. In the course of such spatial change, the suburbanization of resident, the prevalence of new commercial forms and the change of consumers’ life style all have exerted their own pressure on downtown retailing. But for the special socioeconomic background of development and the support of government policy, it will still keep its vitality of retailing for a long period of time.

The impact of FinTech start-ups on incumbent retail banks’share prices

Background:This study aims to clarify the role of FinTech digital banking start-ups in the financial industry.We examine the impact of the funding of such start-ups on the stock returns of 47 incumbent US retail banks for 2010 to 2016.Methods:To capture the importance of FinTech start-ups,we use data on both the dollar-volume of funding and number of deals.We relate these to the stock returns with panel data regression methods.Results:Our results indicate a positive relationship exists between the growth in FinTech funding or deals and the contemporaneous stock returns of incumbent retail banks.Conclusions:Although these results suggest complementarity between FinTech and traditional banking,we note that our results at the banking industry level are not statistically significant,and that the coefficient signs for about one-third of the banks are negative,but not statistically significant.Since the FinTech industry is young and our sample period short,we cannot rule out that our findings are spurious.

Impact of Shipping Distance on Online Retailers' Sales:A Case Study of Maiyang on Tmall

Many studies have qualitatively explained that information and communication technology(ICT) has loosened the restrictions of distance and space on retailers' sales. Few empirical studies, however, have explored the impact of shipping distance on online retailers' sales. This study examined the Maiyang(M-Y) store on Tmall in China as a case study to investigate the relationship between shipping distance and sales. The results showed that sales volume in 2014 at the county level did not strictly obey the distance decay law. The shipped distance of high-priced commodities may not be much longer than that of low-priced commodities. Within the scope of investigation, the relationships between income, cost, and net profit curves do not follow central place theory. Goods have neither thresholds nor ranges. The key factor in the spatial discrepancy of sales is the size of market. The impact of shipping distance on sales is not as strong as that of traditional retailers in Information Era.

Prediction Model of Weekly Retail Price for Eggs Based on Chaotic Neural Network

This paper establishes a short-term prediction model of weekly retail prices for eggs based on chaotic neural network with the weekly retail prices of eggs from January 2008 to December 2012 in China.In the process of determining the structure of the chaotic neural network,the number of input layer nodes of the network is calculated by reconstructing phase space and computing its saturated embedding dimension,and then the number of hidden layer nodes is estimated by trial and error.Finally,this model is applied to predict the retail prices of eggs and compared with ARIMA.The result shows that the chaotic neural network has better nonlinear fitting ability and higher precision in the prediction of weekly retail price of eggs.The empirical result also shows that the chaotic neural network can be widely used in the field of short-term prediction of agricultural prices.

Pricing decision of green supply chain under the game competition of duopolistic retailers

In order to evaluate the impact of green production introduced by the manufacturer and study the competitive strategy between two retailers,four strategic models among diverse retailers,i.e.,Cournot,Stackelberg and two cases of collusion,are constructed.The optimal decision is obtained by the game theory and numerical analysis.The results indicate that the manufacturer's marginal profitability is no less than that of the two retailers.However,due to the manufacturer's green cost,the downstream profitability of the supply chain may exceed the upstream manufacturer's profitability.The retailers'Cournot behavior causes the manufacturer to acquire the highest profitability and set the highest green level.However,there is an opposite result in collusion.Two retailers will choose Cournot pricing when the consumer's green sensitivity is higher than a threshold.When consumers are more sensitive to the price difference of products,retailers prefer collusion,and then choose the Stackelberg behavior.Manufacturers'profitability will increase as competition among retailers intensifies.Proper competition allows two duopolistic retailers to acquire a higher profitability.

Research on the Mechanism of Retail Strategy Influencing Consumer Behavior Intention——Based on Empirical Analysis of Domestic Luxury Cosmetics Brands

This is a research on the mechanism of retail strategy mix and consumer behavior intention,and psychological impact on consumer attitude, consumer purchase decision-making model and its components are conducted firstly. Next, retail strategy, merchandise strategy, and store strategy, contained in the retail management theory, are adopted as other important variables to measure the impact on consumer attitudes. And then, the key factors of retail strategy mix are identified by means of Focus Group (FG). In addition, the hypothetical model of retail strategy mix and consumer behavior intention for domestic luxury cosmetic brands is established to understand the relationship between the two factors. Finally, empirical researches are conducted on consumers and retailers of luxury cosmetics brands. And some advice are given on retail strategy mix's influence on the consumer behavior intentions, aiming to enlighten domestic luxury cosmetic enterprises to improve performance by the integrated use of retail strategy mix.

Identifying the Geography and Determinants of O2O Online Retailers in Megacity in Central China:A Case Study of Zhengzhou City

In recent years,O2O e-commerce,represented by online group-buying,has developed vigorously,which had significant impacts on urban commercial space.Zhengzhou City is a rising national central city in China,and its e-commerce development level is ahead,but relevant researches are rare.Therefore,the data of online retailers of Meituan.com was collected and combined with Baidu map and Baidu heat map data.Then,we adopted the methods such as spatial statistics and geodetector to explore the geography and determinants of O2O online retailers in Zhengzhou urban area.The main conclusions are 1)The spatial development of O2O online retailers is characterized by significant global high-value agglomeration.2)The agglomeration areas of different types of O2O online retailers are different.Most of them are concentrated in the old urban area within the Third Ring Road of Zhengzhou City,forming five comprehensive agglomeration areas.3)The areas with the high e-commerce development level are mainly concentrated in the northeast and southwest of the x-shaped region formed by the intersection of Lianyungang-Lanzhou and Beijing-Guangzhou railways.Erqi Square and Guomao 360 Plaza are at the highest development level,followed by Zhongyuan Wanda Plaza and Daxue Middle Road.The development level at other areas is relatively low.4)Zhengzhou’s O2O commercial pattern is highly dependent on physical business.The population distribution,especially the population distribution during the nightlife period,plays a vital role in its spatial development,followed by accessibility.The influences of physical distance are slightly larger than that of time cost,but the difference between them is little.In addition,travelling costs have the least impact.This paper could provide certain references for urban commercial planning.

MANAGING HUMAN RESOURCES FOR RETAIL SERVICE QUALITY

This study examines the management of service qua lity in fashion retail operation. The human resources processes leading to external service quality are consolidated into a quality management framework. With reference to the framework, the factors, their importance and relationships within each process are established by the responses of practicing salespersons. A clear picture of the underlying management mechanisms leading to strong sales forces and service quality are produced. Retail management is required to better establish and manage the human resource.

Investing and Pricing with Supply Uncertainty in Electricity Market:A General View Combining Wholesale and Retail Market

Renewable energy,such as wind and solar energy,may vary signifi cantly over time and locations depending on the weather and the climate conditions.This leads to the supply uncertainty in the electricity(power) market with renewable energy integrated to power grid.In this paper,electricity in the market is classified into two types:stablesupply electricity(SSE) and unstablesupply electricity(USE).We investigate the investment and pricing strategies under the electricity supply uncertainty in wholesale and retail electricity market.In particular,our model combines the wholesale and retail market and capture the dominant players,i.e.,consumers,power plant(power operator),and electricity supplier.To derive the market behaviors of these players,we formulate the market decision problems as a multistage Stackelberg game.By solving the game model,we obtain the optimal,with closedform,wholesale investment and retail pricing strategy for the operator.We also obtain the energy supplier's best price mechanism numerically under certain assumption.We fi nd the price of SSE being about 1.4 times higher than that of USE will benefi t energy supplieroptimally,under which power plant's optimal strategy of investing is to purchase USE about 4.5 times much more than SSE.

The Transformations of Retail Trade Formats in Europe at the Beginning of the 21st Century

The paper aims at identifying the transformations in trade influenced by the main macroeconomic forces of trade companies in European countries in the 21st century. The author surveys the specialist literature dealing with marketing and trade. On the basis of the research carried out, it has been established that the development of new retail formats （e.g. convenience shops, e-commerce）, which was influenced by the transformations in the macroeconomic environment of companies, was observed. At the same time, retail formats of hybrid character （e.g. discount convenience shops） have appeared and old well-known ones like department stores, supermarkets, or discount shops have strengthened their market position. The knowledge about the issues presented in the following paper has practical implications and can be helpful for managers of trade companies.

Retail二次物流配送系统在运输环节的应用及实践

为提高市场响应速度、扩大市场竞争优势、降低物流成本,借助信息技术对成品油物流供应链进行优化被埃克森美孚、BP、道达尔、雪佛龙等许多全球著名石油公司所采用,并在全球范围内迅速推广和使用。二次配送是成品油销售供应链中的重要环节,是经营的核心。二次配送优化,可以优化并有效降低加油站库存;建立销售预测体系并预测未来数天加油站销售量;建立油品补货模型计算不同车辆送货窗口;建立优化调度模型,优化调度运输,提高运输资源利用率,二次配送优化在运输环节意义重大。