Korean Mobile Handset Maker To Double Investment For Better Visibility
Korean Mobile Handset Maker To Double Investment For Better Visibility
This is the first time the world’s largest mobile phone company has initiated a retail distribution model for its services venture…
Retail sales on Black Friday climbed 6.6% this year to an estimated $11.4 billion, according to ShopperTrak, which tracks foot traffic at malls and stores. Last year, sales climbed just 0.3% to $10.7 billion, which was a record one-day sales amount at the time, according to the company.
It’s definitely a correction for retailers as well as restaurants, a direct result of consumers not having as much to spend on the extras. The strategy has to be to reduce your costs to offset less traffic. Usually that means less rent, shrinking retail and restaurants…
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