Business Why Apple's coronavirus warning is not like a Chinese...

Why Apple’s coronavirus warning is not like a Chinese warning last year: Morning Brief

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“canvas-us can-text Mb (0) – mt (0) – sm Mt (0.8em) – sm” type “text” content “Thursday 20th February, 2020“data-reactid =” 15 “>Thursday 20th February, 2020

“canvas-us can-text Mb (0) – mt (0) – sm Mt (0.8em) – sm” type “text” content “Get the Morning Morning direct to your inbox every Monday to Friday by 6:30 a.m.Subscribe“data-reactid =” 16 “>Get the Morning Morning direct to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe

Buy paralysis and SKU rationalization

“canvas-atom canvas-text Mb (0)) mb (0) – sm Mt (0.8em) – sm” type = “text” content = “seller 2004 Barry Schwartz”The Paradox of Choice“Generated a generation of readers that were really less.” Data-reactid = “18”> Excellent vendor Barry Schwartz developed “The Paradox of Choice” generation of readers that were actually less.

And the American retail business continues to find new ways to learn this lesson.

vas (0) (0 (em em em em em em em em em em em em em em em em em Wall Street JournalBath Bath & amp; Beyond ‘s (BBBY) New CEO Mark Tritton offered a very interesting interest stories on all, openings can. (Economists will get the. T reference.) “data-reactid =” 20 “> In a recent Wall Street Journal interview, new Bath Bath & Beyond (BBBY), Chief Executive Officer, Bath Tritton, gave a brief introduction to the research. stories on all, openings can. (The reference shall be received by the economist.) T

“The former executive Target Corp spent the first 100 days on the job considering the many different types that the retailer could open. After the chain had the number of options cut from more than a dozen to about three, sales rose, ”the WSJ said.

“The great time to say: The sale of too many items in overcrowded shops means buying paralysis ” said Mr Tritton.

()) vas em em em em em em em em em em em em em em em em em em em em em em em em em em em em em em íol íol íol íol íol íol íol íol íol íol íol íol íol íol íol íol íol íol (0) 0.8 type (0) sm íol 0.8 0.8 em em em íol íol íol íol íol íol íol íol íol íol íol íol íol íol íol íol íol íol íol íol íol íol íol íol íol íol íol íol íol íol (retail) avoiding what Tritton calls buy “related to main metric management only: the stocking unit, or SKU. In Tritton example above, Bath Bath & amp; SKUs exceeded a dozen more than a dozen more later than SKUs. “Data-reactid =” 23 “> In retailing, avoiding what Tritton calls on” purchase paralysis “it is based solely on managing a single metric: keeping the unit stock, or SKU. Bed Bath & Beyond from “more than a dozen” SKUs can be opened to SKUs “about three”.

Tritton’s discovery is far from novel, and companies are talking more to adopt this practice. Research published last week by Credit Suisse discussed SKU’s consumer rationalization companies on earnings calls 144, 135 and 127 in 2017, 2018 and 2019, respectively. This compares with 56, 37 and 63 times in 2011, 2012 and 2013.

“For many retail experts, no category employs any of the categories.” t This strategy And in this category, no company was more aggressive and this is better than Costco (COST). And the SKU Costco rationalization is not a new or novel approach to the retailer. “Data-reactid =” 25 “> For many retail experts, this strategy does not apply any better than stores clubs.This is better than Costco (COST), and rationalization is not a new or novel approach. SKU Costco for the retailer.

“(c)” – “Mt (0) – sm Mt (0.8m) – sm” type “text” content = “” It is thought that more customer diversity is needed, but also many choices make shopping more difficult, ”said analyst Kantar Retail with RetailWire in section 2012 entitled“Costco makes SKU Rationalization as Fine Art.“” Data-reactid = “26”> “Customers believe that they need more diversity, but too many options are making it really more difficult to shop,” said analyst Kantar Retail with RetailWire in section 2012 entitled “Costco Makes SKU” Rationalification to Fine Art. ”

“Costco is proud of its limited options. Costco stores store around”. t at 4,000 SKU (stocking units) compared to the 30,000 received by most supermarkets, ”the company is proud of website. “By choosing products based on quality, price, brand and features carefully, the company can offer the best value to its members.” “Data-reactid =” 27 “> Costco is proud of its limited options. “Basically, Costco stores have about 4,000 SKU (stock retention units) compared to the 30,000 received by most supermarkets,” the company is proud of its website. “Through products based on careful selection, price, brand, and features, the company can offer the best value to members. ”

By contrast, Sam’s Club competitors and BJ Wholesale Club have around 5,000 SKU and 7,200 SKUs.

“Some of the most significant storage productivity metrics we have seen have resulted in deep customer pockets as well as unrivaled execution of SKU limited discharge,” said Credit Suisse from Costco.

As you can see in the chart below, Costco is ahead of the shop sales growth comparable among large box retailers.

Costco got the best companies in the business. (Credit Suisse)

Costco got the best companies in the business. (Credit Suisse)

“This idea, of course, does not apply. all categories Details were provided to Yahoo FinanceSKUs are increasing dramatically for things like alcoholic beverages and skin care products. “Data-reactid =” 51 “> Of course, this idea does not apply to all categories according to the data provided to Yahoo Finance, SKUs for things like alcoholic beverages and skin care products are increasing dramatically.

But overall, the trend seems to favor fewer choices.

“There is no intention to succeed the warehouse club model on a limited SKU offer; Consumer trend we see growing, ”said Credit Suisse.

“canvas-us can-text Mb (0) – mt (0) – sm Mt (0.8em) – sm” type “text” content “According to Sam Ro, management editor. Continue at it @SamRo“data reactid =” 54 “>According to Sam Ro, management editor. Continue at it @SamRo

What to watch today

“canvas-us can-text Mb (0) – mt (0) – sm Mt (0.8em) – sm” type “text” content “Economy“data-reactid =” 56 “>Economy

  • 8:30 a.m. ET: Philadelphia Fed Business Outlook, February (11.0 expected, 17.0 in January)

  • 8:30 a.m. ET: Initial claims without post, week ending 15 February (expected 210,000, 205,000 in advance)

  • 8:30 a.m. ET: Unemployed claims, week ending February 8 (1.717 million expected, 1.698 million in advance)

  • 10 a.m. ET: Leading Index, January (0.4% expected, -0.3% in advance)

“canvas-us can-text Mb (0) – mt (0) – sm Mt (0.8em) – sm” type “text” content “Earnings“data reactid =” 62 “>Earnings

Pre-market

  • 7:00 a.m. ET: Norwegian cruise line NCLH is expected to report an adjusted earnings of 70 cent per share on income of $ 1.43 billion.

  • 7:30 a.m. ET: Domino’s Pizza (DPZ) is expected to report adjusted earnings of $ 2.98 per share on income of $ 1.13 billion

  • 7:30 a.m. ET: Viacom (VIAC) is expected to report adjusted earnings of $ 1.45 per share on income of $ 7.32 billion

Aftermarket

  • 4:05 p.m. ET: Fitbit FIS is expected to report an adjusted earnings of 4 cent per share on income of $ 532 million.

  • 4:00 p.m. ET: Dropbox (DBX) It is expected to report an adjusted earnings of 14 cent per share on income of $ 443.31 million.

“canvas-us can-text Mb (0) – mt (0) – sm Mt (0.8em) – sm” type “text” content “LE MY NIOS“data-reactid =” 72 “>LE MY NIOS

Top News

Chief Executive of ING banking group Ralph Hamers gestures during a press conference of ING to present the results of 2011, on February 10, 2012 in Brussels. The fourth quarter yielded a net profit of 1.18 billion euros ($ 1.56 billion), eight times in the 2010 period but this represented a gain of 1.29 billion euro on asset sales. AFP PHOTO / BELGA / OLIVIER VIN *** BELGIUM OUT *** (Photos credit should read OLIVIER VIN / AFP through Getty Images)Chief Executive of ING banking group Ralph Hamers gestures during a press conference of ING to present the results of 2011, on February 10, 2012 in Brussels. The fourth quarter yielded a net profit of 1.18 billion euros ($ 1.56 billion), eight times in the 2010 period but this represented a gain of 1.29 billion euro on asset sales. AFP PHOTO / BELGA / OLIVIER VIN *** BELGIUM OUT *** (Photos credit should read OLIVIER VIN / AFP through Getty Images)

Chief Executive of ING banking group Ralph Hamers gestures during a press conference of ING to present the results of 2011, on February 10, 2012 in Brussels. The fourth quarter yielded a net profit of 1.18 billion euros ($ 1.56 billion), eight times in the 2010 period but this represented a gain of 1.29 billion euro on asset sales. AFP PHOTO / BELGA / OLIVIER VIN *** BELGIUM OUT *** (Photos credit should read OLIVIER VIN / AFP through Getty Images)

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