Major US
Mall Replaces Car Park With Park
In an
interesting parallel with QVM, one of the major US Shopping malls has made a
decision to swap its car park for a park because it is better for business.
Westfield
Garden State Plaza is New Jersey’s largest mall and it is one of the most
successful in the US. It has decided that the future lies in presenting
convenient options for the large number of people looking to live, work and
play in their neighbourhood.
The link to
the full article is below -
Retailers
Worst Nightmare
Imagine if
the number of retailers in your area suddenly increased and your proportion of
business was diluted. A new app in the US has received nearly $8million funding
this year to allow anybody (yes anybody) to set up an online store.
“Storr
allows anybody to open an online store in a matter of minutes through the
mobile app on Android and iOS. It’s just a matter of choosing a name and
selecting items from the various brands that have chosen to integrate their
inventory with the platform.
Brands
themselves set the rates for commission, which must fall between 15% and 30%.
Perhaps more importantly, the seller doesn’t have to do anything else — the
brands take care of managing inventory, shipping, and dealing with returns.”
https://venturebeat.com/2019/05/15/storr-lets-you-open-an-online-retail-store-without-any-of-the-effort-or-overhead/