Word: mix
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...There's also scant attention to populating malls with the right mix of shops. Alan Liu, Shanghai-based managing director of Colliers International's North Asia practice, says most try to attract upscale brands. "Everyone thinks they need Prada, Gucci, Fendi in every project, even smaller ones," Liu says. "Well, the vast majority of customers won't spend their money on upmarket products like that." Indeed, at Beijing's Shin Kong Place recently, office worker Zhang Ting, 28, called the center's many high-end international brands "prohibitively expensive." While hundreds of local office workers like Zhang crowded the downtown...
...fact, there are success stories. Shanghai's Raffles City and the MIXc, a mall in the city of Shenzhen, which borders Hong Kong, have good locations and a profitable tenant mix, says Bryn Davies, executive director of retail services for CB Richard Ellis in Greater China. And, despite the glut of space, the mainland's retail sector remains in bull-market mode. Economists expect as the country's consumer culture continues to develop, demand will continue to increase. China today accounts for 5% of global consumption, but investment bank Credit Suisse predicts that number will rise...
...will be completely dismantled by a two-person crew, and each piece - every bolt, nut, spring and valve - will be vetted to see which ones are salvageable. Most will pass the test: 95% will be cleaned or otherwise refurbished. Then, with a handful of new parts added to the mix, the engine will be reassembled. After it's passed strict tests to ensure it meets standards, the "remanufactured" engine will spend another four to five years in service before it's ready for another makeover. Thanks to remanufacturing, its life could total 45 years. Welcome to Caterpillar's Remanufacturing Services...
...rule seems clear for retail soundscapes: slow is good. As people's biorhythms often mirror the sounds around them, a gently meandering mix of classical music or soothing ambient noise encourages shoppers to slow down and relax. And, says Denison, an unhurried consumer is exactly what retailers want: "If customers are moving less quickly, they're more likely to engage with a product and make a purchase...
...only time Fox News is fair and balanced is when Williams is in the mix. Both on the airways and in many excellent books, he always demonstrates fairness and courage. These traits were evident in his timely and provocative essay. Williams reminds us that racism is still part of American politics and convincingly demonstrates the bankruptcy of the Republican campaign rhetoric that promotes its institution. It is good to see that he is a TIME contributor, and I look forward to many more of his insights...