Compete on other areas: other areas that cant be copied by competitors; be aspirational in a mass market

Nation building via learning and being the best in business

Surprising move for Target vs Walmart

                                                    Michael Graves collection

1999

Walmart crushes Target on prices.    They cant compete. They are declared dead   Bob the boss says they compete on other areas.  The boss wants Target to be an aspirational go to store.   

Michael Graves -   design products for Target;  good design for every one.   ($40.00 that looks like $400.00)   then other designer product lines.   Clothing lines.    Luxury line.  Made is aspirational

Today, Target sales is $100 b

Why are so many flocking to retail business despite high closure rate in US, and very thin margins

Nation building via learning and being the best in business

This post is wondering why in the Phl so many entrants are in the retail business despite record closures in the US.  Even Walmart the largest, Costco are experiencing decline (mainly in California due to very high inventory shrinkage due to the change in the treatment of the law of shoplifting

We see many entrants, Save, Dali, Family Mart, and so many more in the provinces. 

We have seen this as our retail firm closed due to the same reasons.  Thin margins shoplifting electricity cost, and high rental

We understand that one of the late entrants funded by ADB is in the red by billions.    Dali loses P3.26 billion in the last 3 years

It is not rational, it does not jibe with the math?

Friday's Daily Brief: Black Friday Deals, Strikes and Live Updates

From: The Huffington Post <dailybrief@huffingtonpost.com>
Date: Fri, Nov 23, 2012 at 8:53 PM
Subject: Friday's Daily Brief: Black Friday Deals, Strikes and Live Updates

Friday, November 23, 2012 Black Friday Madness BUSINESS Black Friday Strikers To Walmart: It's On! MONEY The Best Black Friday Deals SPORTS Texans Edge Lions (With Help) GREEN Climate Change Strains Nation's Transportation Lifelines HEALTHY LIVING Don't Try This At Home! How Much Exercise It Would Take To Burn Off Thanksgiving Dinner BLOG POSTS Dr. Peggy Drexler: Pass the Politics, Please: How to Handle a Bi-Partisan Thanksgiving This Thanksgiving, you might not be able to control any one else at the table, but you can maintain your own civility, and sanity, and make it through a holiday in which feelings don't get hurt, slurs don't get thrown, and relatives aren't forced to intervene. Jacob Soboroff: In Sandy's Wake, Thanksgiving Goes On It has been nearly a month since Hurricane Sandy disrupted the lives of millions across the eastern seaboard. While power has mostly returned, life is far from normal for residents in areas hardest hit by the storm. Leigh Anne Tuohy: Living Thankfully Dig deep the next couple of weeks and finish this year doing things that aren't so frenzied and frustrating but are life changing. Think hard about what really matters and make someone else's holiday season merry and bright! Amb. Marc Ginsberg: A Field Guide to the Gaza Truce: Merely "Lock and Reload?" Whatever one calls the truce, ceasefire or "quiet for quiet" agreement that (temporarily) ends the latest round of conflict between Israel and Hamas, the accord comes not a moment too soon Jefferson Morley: JFK at 49: What We Know for Sure The Web has made the government's troubling records about JFK's death available for the first time to millions people outside of Washington and the federal government. I believe this diffusion of knowledge is slowly clarifying the JFK story for everybody.

MOST POPULAR ON HUFFINGTONPOST.COM Jamie Lee Curtis Wore The '80s Well These 50 Stars Say No To Turkey 100-Car Pileup In Texas Leaves At least 1 Dead, Dozens Injured ON TWITTER ON FACEBOOK President Wants Mexico's Name Changed Nicki Minaj Denied Entry To Own Album Release Party EXCLUSIVE CLIP: Lee Nelson Visits Oxford University

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