93% of China’s Urban Population Will Reach Middle Class By 2030
X 93% of China’s Urban Population Will be Middle Class By 2030 X While American politicians bemoan the loss of America’s middle class … China is creating a Middle Class … and it is ‘Catching Fire’! X Business Insider has recently shared a chart from a research note published by ANZ’s Greater China economists. The … Continue reading
Chasing The Customer … $8 billion in 1 Day – Alibaba
UPDATE 11/11 11:53 AM Final GMV sales for Alibaba’s Singles’ Day are $9.34 billion … 61% over LY. The one day event is 3.2x bigger than 2013’s U.S. Black Friday and Cyber Monday sales combined. The Global Reality of eCommerce Jack Ma’s Alibaba announced this morning that yesterday’s Singles’ Day, GMV or Gross … Continue reading
Chasing the Customer … Not the Competition _ Update 6.1
Jim Cramer just released ‘How Macy’s is clobbering the competition’ http://money.msn.com/top-stocks/post–how-macys-is-clobbering-the-competition Cramer wonders whether Macy’s had more days between Thanksgiving and Christmas than other retailers did. Cramer gives a pretty good overview on why customer focus and Omnichannel technology is both a good strategy and investment. Thanks to my good friend Jack Hall for sending this … Continue reading
Chasing the Customer … Not the Competition _ Update 3
Were retail openings on Thanksgiving day a good idea or simply a shift in cadence – the days and times customers actually hit the stores? Are the lackluster numbers simply customer economic malaise – better luck next year? But is there also a fundamental shift going on as to how customers buy the products they … Continue reading
Chasing the Customer … Not the Competition _ Update 2
On going update of retail and e commerce stats from Thanksgiving to Cyber Monday. Shopper traffic to physical retail stores fell 11.4% and retail sales decreased by 13.2% on Black Friday 2013, compared to Black Friday 2012. ShopperTrak Black Friday 2013 spending increased 2.9% compared to Black Friday 2012. MasterCard Spending Pulse http://wp.me/p3lbtW-l What’s the … Continue reading
Chasing The Customer … Not The Competition _ Update
Overall Retail Sales Results for November 2013 Johnson Redbook Sales Index reports that sales of the largest U.S. retail chains decreased 0.2% in November 2013, compared to October 2013. All day tomorrow, I will be updating November stats including Thanksgiving Day, Black Friday, Cyber Monday. Chasing The Customer … Not The Competition! If you haven’t read … Continue reading
Ron Lunde ... POTPOURRI 