Lojas Renner is a Brazilian fashion retailer with over 500 stores across Brazil. It operates several brands including Renner, Camicado, Youcom, and Ashua that target different customer demographics and lifestyles. The company has achieved strong growth and financial performance due to its consistent positioning targeting women, solid corporate culture emphasizing simplicity and customer focus, and competitive advantages like its multi-brand portfolio and lifestyle approach. Lojas Renner has become the largest fashion retailer in Brazil through decades of expansion, with plans to continue growing its store count in the coming years.
This document provides an institutional presentation for Lojas Renner S.A. It begins with an overview of the company, including its businesses (Renner, Camicado, Youcom, Ashua, e-commerce), geographical distribution of stores, store evolution, corporate governance, and share performance. It then discusses the company's background, company overview with key metrics, and its businesses. The rest of the document covers the company's geographical distribution of stores, store evolution, corporate governance practices, and share price performance. It identifies consistency in positioning, competitive advantages through its corporate culture and cycle of enchantment, and austere operating practices as factors that have contributed to the company's success.
Lojas Renner is a Brazilian retail company that operates department stores, home stores, and youth lifestyle stores. It has over 500 stores across Brazil and Uruguay and annual revenue of $9.6 billion. The document provides an overview of Lojas Renner's history, businesses, store footprint, corporate governance, and share performance. It also discusses the factors that have contributed to the company's success, including its solid corporate culture focused on enchanting customers, consistent market positioning targeting women, and competitive advantages like operating multiple lifestyle brands under one roof.
This document provides an overview of Lojas Renner S.A., a Brazilian retail company. It discusses the company's businesses including its apparel retail, home decor, and lifestyle store brands. It operates 597 stores in Brazil and has a growing e-commerce business. The company aims to integrate its online and offline sales channels to provide an omnichannel customer experience. It is pursuing several strategic priorities like developing a single customer view using data, optimizing inventory allocation and product assortments using AI, and transforming systems to enable an integrated shopping experience across channels. Recent updates on its digital transformation initiatives show strong growth in online sales and new customer acquisition as it works to realize its vision.
The document summarizes retail real estate market trends in West Michigan in the fourth quarter of 2015. It notes several new retail developments that opened during the year, including a new Tanger Outlet center in Byron Center and retail projects in Holland and Kalamazoo. Vacancy rates decreased across most submarkets compared to the previous year. Rental rates increased for most property types. The retail market in West Michigan remains strong with more construction planned for 2016 and several new retailers selecting locations in the region.
Lojas Renner S.A. is a Brazilian retail company that operates various apparel and home goods brands across Brazil. The document provides an overview of the company, including its history, brands, store count and geographical presence. It discusses the company's consistent positioning targeting women ages 18-39 in social classes A-C+, its competitive advantages like a lifestyle-focused multi-brand approach, and its business model that is aligned with global benchmarks in the retail industry. The company has experienced strong growth and shareholder returns due to its solid corporate culture, focus on the customer experience, and ability to continually improve and update its operations.
The document is a welcome packet for new businesses in Lewisburg, Tennessee. It contains 3 main sections: 1) An introductory letter welcoming new businesses and offering assistance from the City of Lewisburg on regulations and requirements. 2) Information on local agencies, maps, workforce and training resources to help new businesses get started. 3) Economic data on the population, costs, taxes, and industries in Lewisburg to help businesses with planning. The packet aims to provide new businesses with valuable resources to help them start up successfully in the Lewisburg community.
This presentation summarizes Serviam's sales trends from 2007 to the first three quarters of 2013. It examines top products and customers for each year, with a focus on 2012 and 2013. Sales distributions across regions are also analyzed to identify opportunities for expansion. Recommendations will be discussed to improve Serviam's sales in 2014 through strategies like decreasing costs, increasing prices, targeting growing markets, focusing on large markets, sales training, and strengthening customer relationships.
Broc Sears, a professor of professional practice in TCU's Department of Strategic Communication, made this presentation at the 9th annual TCU Nonprofit Communicators Conference on May 18, 2017.
This document provides an institutional presentation for Lojas Renner S.A. It begins with an overview of the company, including its businesses (Renner, Camicado, Youcom, Ashua, e-commerce), geographical distribution of stores, store evolution, corporate governance, and share performance. It then discusses the company's background, company overview with key metrics, and its businesses. The rest of the document covers the company's geographical distribution of stores, store evolution, corporate governance practices, and share price performance. It identifies consistency in positioning, competitive advantages through its corporate culture and cycle of enchantment, and austere operating practices as factors that have contributed to the company's success.
Lojas Renner is a Brazilian retail company that operates department stores, home stores, and youth lifestyle stores. It has over 500 stores across Brazil and Uruguay and annual revenue of $9.6 billion. The document provides an overview of Lojas Renner's history, businesses, store footprint, corporate governance, and share performance. It also discusses the factors that have contributed to the company's success, including its solid corporate culture focused on enchanting customers, consistent market positioning targeting women, and competitive advantages like operating multiple lifestyle brands under one roof.
This document provides an overview of Lojas Renner S.A., a Brazilian retail company. It discusses the company's businesses including its apparel retail, home decor, and lifestyle store brands. It operates 597 stores in Brazil and has a growing e-commerce business. The company aims to integrate its online and offline sales channels to provide an omnichannel customer experience. It is pursuing several strategic priorities like developing a single customer view using data, optimizing inventory allocation and product assortments using AI, and transforming systems to enable an integrated shopping experience across channels. Recent updates on its digital transformation initiatives show strong growth in online sales and new customer acquisition as it works to realize its vision.
The document summarizes retail real estate market trends in West Michigan in the fourth quarter of 2015. It notes several new retail developments that opened during the year, including a new Tanger Outlet center in Byron Center and retail projects in Holland and Kalamazoo. Vacancy rates decreased across most submarkets compared to the previous year. Rental rates increased for most property types. The retail market in West Michigan remains strong with more construction planned for 2016 and several new retailers selecting locations in the region.
Lojas Renner S.A. is a Brazilian retail company that operates various apparel and home goods brands across Brazil. The document provides an overview of the company, including its history, brands, store count and geographical presence. It discusses the company's consistent positioning targeting women ages 18-39 in social classes A-C+, its competitive advantages like a lifestyle-focused multi-brand approach, and its business model that is aligned with global benchmarks in the retail industry. The company has experienced strong growth and shareholder returns due to its solid corporate culture, focus on the customer experience, and ability to continually improve and update its operations.
The document is a welcome packet for new businesses in Lewisburg, Tennessee. It contains 3 main sections: 1) An introductory letter welcoming new businesses and offering assistance from the City of Lewisburg on regulations and requirements. 2) Information on local agencies, maps, workforce and training resources to help new businesses get started. 3) Economic data on the population, costs, taxes, and industries in Lewisburg to help businesses with planning. The packet aims to provide new businesses with valuable resources to help them start up successfully in the Lewisburg community.
This presentation summarizes Serviam's sales trends from 2007 to the first three quarters of 2013. It examines top products and customers for each year, with a focus on 2012 and 2013. Sales distributions across regions are also analyzed to identify opportunities for expansion. Recommendations will be discussed to improve Serviam's sales in 2014 through strategies like decreasing costs, increasing prices, targeting growing markets, focusing on large markets, sales training, and strengthening customer relationships.
Broc Sears, a professor of professional practice in TCU's Department of Strategic Communication, made this presentation at the 9th annual TCU Nonprofit Communicators Conference on May 18, 2017.
Lojas Renner is a Brazilian fashion retailer with 509 stores across Brazil and Uruguay. In 2017, the company had total gross revenue of R$9.6 billion and over 20,000 employees. Lojas Renner operates three main brands - Renner, Camicado, and Youcom - which target different age groups and social classes. The company has pursued consistent growth through corporate culture focused on simplicity, focus, and customer enchantment. Lojas Renner also maintains a competitive advantage through its multi-brand portfolio that offers different lifestyle options to customers.
Lojas Renner is a Brazilian retail company with over 500 stores in Brazil, Uruguay, and online. It operates stores under three brands: Renner, Camicado, and Youcom. In 2017, Lojas Renner had total gross revenue of R$9.6 billion. It has built a strong corporate culture focused on enchanting customers and has consistently positioned itself as the brand for the modern woman by offering fashionable styles at competitive prices. Lojas Renner's consistent market positioning, competitive advantages like its culture of enchantment, and business model focusing on the lifestyle of different customer groups have contributed to its success.
Lojas Renner S.A. presented its business strategy and priorities in December 2019. It aims to maximize customer communication, create a personalized customer relationship, and improve the fashion trend selection process using predictive analysis. Key strategic priorities include developing a customer single-view, implementing data-driven product decisions, integrating sales channels, and consolidating the apparel retail market through new store openings. The presentation highlights Lojas Renner's consistent value creation through market share gains and margin improvements.
The document is an institutional presentation by Lojas Renner S.A. outlining their businesses and strategic priorities. It discusses their apparel retail business which includes brands like Renner, Camicado, and Youcom. It notes opportunities for market consolidation given the fragmented nature of the Brazilian apparel market. The presentation outlines strategic priorities such as omni-channel transformation, data-driven product decisions, and creating a customer single-view to improve the shopping experience and generate more results.
Lojas Renner S.A. presented its businesses and strategic priorities in September 2019. It operates apparel retail brands such as Renner, Camicado, and Youcom, with over 500 stores in Brazil. The company aims to integrate its sales channels, use data-driven decision making across the product lifecycle, and create a single customer view. These strategic priorities are focused on maximizing customer communication, personalizing the shopping experience, and generating exceptional results through its digital transformation.
Canada Retail Sales: Retail sales edged up 0.2% to $50.9 billion in September...paul young cpa, cga
- The document summarizes Canadian retail sales data for September 2018 and discusses trends in the retail industry. It outlines total retail sales by sector and province. It also discusses the growth of augmented reality applications in retail and recent retail closures and bankruptcies. Looking ahead, the author predicts retailers will expand their e-commerce operations and re-evaluate store networks in light of changing consumer spending power and costs.
The document provides information to exhibitors on why they should exhibit at the ASD Market Week trade show in 2018. It details the growth in attendance over the past few years, including an 11% increase in retail buyer attendance and a 14% increase in VIP buyers. It highlights that 96% of attendees are responsible for purchasing and that attendees come from over 90 countries, making it a truly global show. The document also outlines several programs and services provided by ASD to help exhibitors attract quality buyers and ensure their success at the trade show.
This document provides a performance review for the Promenade boutique for April 2019. It includes sections on YTD performance compared to targets and last year, key performance indicators for April, staff performance, guest feedback, challenges and initiatives, and market information. The boutique achieved 97% of its YTD sales target for April and saw 15.9% year-over-year sales growth. Guest feedback was positive and focused on staff courtesy and product knowledge. Key challenges included AC issues while initiatives focused on increasing big ticket sales.
The document summarizes retail market trends in Grand Rapids, Michigan for the third quarter of 2015. It notes that retail net absorption was positive 121,933 square feet for the quarter. Rental rates increased from $9.37 to $10.00 per square foot from the second to the third quarter. The retail vacancy rate decreased, ending the third quarter at 11.7%. New developments and retailers opening locations in the area are discussed.
This document discusses trends in the retail industry and the rise of vertical brands from the perspective of ComCap, an investment bank. It provides data on the growth of ecommerce globally and in various regions. It also discusses consolidation in the US retail landscape, with large numbers of store closures but continued growth of specialty retail formats. The presentation emphasizes the dominance of Amazon and opportunities for retailers to scale up through marketplaces and leverage customer data through artificial intelligence.
The document provides an overview of upcoming retail industry events in Q1 and Q2 2016, including conferences and webinars. It also summarizes recent quarterly earnings results for selected retailers, discusses macroeconomic trends impacting retail in early 2016 such as a stronger US dollar and slowing global luxury sales, and previews the back-to-school shopping season outlook.
Amazon is changing retail through 7 main ways: 1) Explosive growth of Amazon Prime is driving more purchases, 2) Prime Now is redefining logistics through same-day delivery, and 3) Amazon Home Services has the potential to disrupt industries like furniture and appliances through product delivery and assembly services.
The West Michigan retail market saw strong sales during the 2016 holiday season and steady leasing activity throughout the year. Vacancy rates remained low along prime retail corridors due to high demand and limited availability. Looking ahead to 2017, new development projects and retailers entering the market are expected to continue fueling retail growth, while some older retail properties may be redeveloped to make way for newer spaces. The hotel industry is also rapidly expanding across the region.
The retail sector continues to evolve rapidly, as a multitude of factors contribute to the decline of some retailers yet the success of others. In order to create a more balanced view of where the retail market is heading, this report looks at the overall growth trends in retail and consumption across Europe and explores some myths on the threat of e-commerce in particular.
The West Michigan retail market saw declining vacancy rates and increasing absorption in the second quarter of 2016. Vacancy rates fell below 10% overall, with tight availability of Class A retail space driving growth in secondary markets. With limited prime retail inventory, landlords have regained negotiating leverage and can be more selective about tenants. The challenges around the lack of new Class A construction are expected to continue into the second half unless development picks up.
1. Starbucks Corporation is the largest coffeehouse company in the world with over 27,000 stores in 75 countries and annual revenue of $22.4 billion in 2017.
2. Starbucks has experienced strong financial growth in recent years due to operating efficiency and expanding globally. However, overdependence on the Americas market, particularly the US, leaves it vulnerable.
3. Ready-to-drink coffee represents an opportunity for Starbucks to attract more millennial customers, as the US market for RTD coffee is growing much faster than the overall beverage market. Threats include rising coffee bean prices from weather events that could squeeze profit margins.
Retail is undoubtedly reverting to “under construction”. Customer’s expectations are changing, malls and shops are closing down, others are opening up and doing better than ever. Many brands are investing in customer experience, shaping them into something unforgettable for their store visitors.
How should stores navigate all the trends? How can they ensure customer’s come back for more?
This Snapshot explores the current state of retail, where it is going, customers’ expectations and best practices along the customer journey followed by implications for retailers.
This document provides an overview of the business strategy and operations of Finger Lakes ReUse, a nonprofit organization that operates reuse centers in Ithaca, NY. It discusses the organization's mission to reduce waste and promote sustainability through reuse. It also summarizes the various reuse programs and services operated by Finger Lakes ReUse, and how the organization tracks sales, supply, and pricing of reused products. The document examines strategies for procurement, pricing, and goals to maximize sales and revenues while achieving its social and environmental goals.
How to Create a Proprietary Measure Using Social Media DataResearch Now
The document describes the process of creating a proprietary measure for comparing brands using social media data. Key steps include:
1) Choosing relevant variables to measure based on sufficient public data and theoretical relevance to all brands.
2) Developing a statistical model to assign weights to each variable based on regression or other analysis.
3) Calculating raw scores for each brand by applying the model to social media data.
4) Validating results by assessing if rankings match expectations, then repeating the process as needed to refine the model.
The goal is to produce a single, comparable number for each brand that provides unique insights and value to clients.
Today's smart publishers sit at the intersection of content and commerce, possessing large and motivated audiences and deep consumer data. True innovation, however, is needed to harness this powerful access and drive sales. What technologies resonate with consumers and brands, particularly regarding mobile shopping? What are best practices when appealing to millennials? POPSUGAR’s EVP of Product Marketing and Sales Strategy will share market insights and reveal some of their breakthrough products and tools designed to drive the all-important purchase click.
A apresentação institucional fornece um resumo das principais informações sobre a Lojas Renner S.A., incluindo: 1) Sua posição de liderança no varejo de vestuário no Brasil, com 597 lojas e foco no público feminino; 2) Seus diferenciais competitivos como posicionamento consistente, proposta de valor clara e experiência omnicanal; 3) Suas prioridades estratégicas como a transformação digital, a visão única do cliente e a integração dos canais online e offline.
O documento fornece uma visão geral da Lojas Renner S.A., incluindo seus negócios principais de varejo de vestuário, prioridades estratégicas como o ciclo digital, transformação omni e projetos estruturantes para melhorar a experiência do cliente.
Lojas Renner is a Brazilian fashion retailer with 509 stores across Brazil and Uruguay. In 2017, the company had total gross revenue of R$9.6 billion and over 20,000 employees. Lojas Renner operates three main brands - Renner, Camicado, and Youcom - which target different age groups and social classes. The company has pursued consistent growth through corporate culture focused on simplicity, focus, and customer enchantment. Lojas Renner also maintains a competitive advantage through its multi-brand portfolio that offers different lifestyle options to customers.
Lojas Renner is a Brazilian retail company with over 500 stores in Brazil, Uruguay, and online. It operates stores under three brands: Renner, Camicado, and Youcom. In 2017, Lojas Renner had total gross revenue of R$9.6 billion. It has built a strong corporate culture focused on enchanting customers and has consistently positioned itself as the brand for the modern woman by offering fashionable styles at competitive prices. Lojas Renner's consistent market positioning, competitive advantages like its culture of enchantment, and business model focusing on the lifestyle of different customer groups have contributed to its success.
Lojas Renner S.A. presented its business strategy and priorities in December 2019. It aims to maximize customer communication, create a personalized customer relationship, and improve the fashion trend selection process using predictive analysis. Key strategic priorities include developing a customer single-view, implementing data-driven product decisions, integrating sales channels, and consolidating the apparel retail market through new store openings. The presentation highlights Lojas Renner's consistent value creation through market share gains and margin improvements.
The document is an institutional presentation by Lojas Renner S.A. outlining their businesses and strategic priorities. It discusses their apparel retail business which includes brands like Renner, Camicado, and Youcom. It notes opportunities for market consolidation given the fragmented nature of the Brazilian apparel market. The presentation outlines strategic priorities such as omni-channel transformation, data-driven product decisions, and creating a customer single-view to improve the shopping experience and generate more results.
Lojas Renner S.A. presented its businesses and strategic priorities in September 2019. It operates apparel retail brands such as Renner, Camicado, and Youcom, with over 500 stores in Brazil. The company aims to integrate its sales channels, use data-driven decision making across the product lifecycle, and create a single customer view. These strategic priorities are focused on maximizing customer communication, personalizing the shopping experience, and generating exceptional results through its digital transformation.
Canada Retail Sales: Retail sales edged up 0.2% to $50.9 billion in September...paul young cpa, cga
- The document summarizes Canadian retail sales data for September 2018 and discusses trends in the retail industry. It outlines total retail sales by sector and province. It also discusses the growth of augmented reality applications in retail and recent retail closures and bankruptcies. Looking ahead, the author predicts retailers will expand their e-commerce operations and re-evaluate store networks in light of changing consumer spending power and costs.
The document provides information to exhibitors on why they should exhibit at the ASD Market Week trade show in 2018. It details the growth in attendance over the past few years, including an 11% increase in retail buyer attendance and a 14% increase in VIP buyers. It highlights that 96% of attendees are responsible for purchasing and that attendees come from over 90 countries, making it a truly global show. The document also outlines several programs and services provided by ASD to help exhibitors attract quality buyers and ensure their success at the trade show.
This document provides a performance review for the Promenade boutique for April 2019. It includes sections on YTD performance compared to targets and last year, key performance indicators for April, staff performance, guest feedback, challenges and initiatives, and market information. The boutique achieved 97% of its YTD sales target for April and saw 15.9% year-over-year sales growth. Guest feedback was positive and focused on staff courtesy and product knowledge. Key challenges included AC issues while initiatives focused on increasing big ticket sales.
The document summarizes retail market trends in Grand Rapids, Michigan for the third quarter of 2015. It notes that retail net absorption was positive 121,933 square feet for the quarter. Rental rates increased from $9.37 to $10.00 per square foot from the second to the third quarter. The retail vacancy rate decreased, ending the third quarter at 11.7%. New developments and retailers opening locations in the area are discussed.
This document discusses trends in the retail industry and the rise of vertical brands from the perspective of ComCap, an investment bank. It provides data on the growth of ecommerce globally and in various regions. It also discusses consolidation in the US retail landscape, with large numbers of store closures but continued growth of specialty retail formats. The presentation emphasizes the dominance of Amazon and opportunities for retailers to scale up through marketplaces and leverage customer data through artificial intelligence.
The document provides an overview of upcoming retail industry events in Q1 and Q2 2016, including conferences and webinars. It also summarizes recent quarterly earnings results for selected retailers, discusses macroeconomic trends impacting retail in early 2016 such as a stronger US dollar and slowing global luxury sales, and previews the back-to-school shopping season outlook.
Amazon is changing retail through 7 main ways: 1) Explosive growth of Amazon Prime is driving more purchases, 2) Prime Now is redefining logistics through same-day delivery, and 3) Amazon Home Services has the potential to disrupt industries like furniture and appliances through product delivery and assembly services.
The West Michigan retail market saw strong sales during the 2016 holiday season and steady leasing activity throughout the year. Vacancy rates remained low along prime retail corridors due to high demand and limited availability. Looking ahead to 2017, new development projects and retailers entering the market are expected to continue fueling retail growth, while some older retail properties may be redeveloped to make way for newer spaces. The hotel industry is also rapidly expanding across the region.
The retail sector continues to evolve rapidly, as a multitude of factors contribute to the decline of some retailers yet the success of others. In order to create a more balanced view of where the retail market is heading, this report looks at the overall growth trends in retail and consumption across Europe and explores some myths on the threat of e-commerce in particular.
The West Michigan retail market saw declining vacancy rates and increasing absorption in the second quarter of 2016. Vacancy rates fell below 10% overall, with tight availability of Class A retail space driving growth in secondary markets. With limited prime retail inventory, landlords have regained negotiating leverage and can be more selective about tenants. The challenges around the lack of new Class A construction are expected to continue into the second half unless development picks up.
1. Starbucks Corporation is the largest coffeehouse company in the world with over 27,000 stores in 75 countries and annual revenue of $22.4 billion in 2017.
2. Starbucks has experienced strong financial growth in recent years due to operating efficiency and expanding globally. However, overdependence on the Americas market, particularly the US, leaves it vulnerable.
3. Ready-to-drink coffee represents an opportunity for Starbucks to attract more millennial customers, as the US market for RTD coffee is growing much faster than the overall beverage market. Threats include rising coffee bean prices from weather events that could squeeze profit margins.
Retail is undoubtedly reverting to “under construction”. Customer’s expectations are changing, malls and shops are closing down, others are opening up and doing better than ever. Many brands are investing in customer experience, shaping them into something unforgettable for their store visitors.
How should stores navigate all the trends? How can they ensure customer’s come back for more?
This Snapshot explores the current state of retail, where it is going, customers’ expectations and best practices along the customer journey followed by implications for retailers.
This document provides an overview of the business strategy and operations of Finger Lakes ReUse, a nonprofit organization that operates reuse centers in Ithaca, NY. It discusses the organization's mission to reduce waste and promote sustainability through reuse. It also summarizes the various reuse programs and services operated by Finger Lakes ReUse, and how the organization tracks sales, supply, and pricing of reused products. The document examines strategies for procurement, pricing, and goals to maximize sales and revenues while achieving its social and environmental goals.
How to Create a Proprietary Measure Using Social Media DataResearch Now
The document describes the process of creating a proprietary measure for comparing brands using social media data. Key steps include:
1) Choosing relevant variables to measure based on sufficient public data and theoretical relevance to all brands.
2) Developing a statistical model to assign weights to each variable based on regression or other analysis.
3) Calculating raw scores for each brand by applying the model to social media data.
4) Validating results by assessing if rankings match expectations, then repeating the process as needed to refine the model.
The goal is to produce a single, comparable number for each brand that provides unique insights and value to clients.
Today's smart publishers sit at the intersection of content and commerce, possessing large and motivated audiences and deep consumer data. True innovation, however, is needed to harness this powerful access and drive sales. What technologies resonate with consumers and brands, particularly regarding mobile shopping? What are best practices when appealing to millennials? POPSUGAR’s EVP of Product Marketing and Sales Strategy will share market insights and reveal some of their breakthrough products and tools designed to drive the all-important purchase click.
A apresentação institucional fornece um resumo das principais informações sobre a Lojas Renner S.A., incluindo: 1) Sua posição de liderança no varejo de vestuário no Brasil, com 597 lojas e foco no público feminino; 2) Seus diferenciais competitivos como posicionamento consistente, proposta de valor clara e experiência omnicanal; 3) Suas prioridades estratégicas como a transformação digital, a visão única do cliente e a integração dos canais online e offline.
O documento fornece uma visão geral da Lojas Renner S.A., incluindo seus negócios principais de varejo de vestuário, prioridades estratégicas como o ciclo digital, transformação omni e projetos estruturantes para melhorar a experiência do cliente.
1) O documento apresenta a Lojas Renner S.A., incluindo seus negócios, prioridades estratégicas e projetos estruturantes.
2) As prioridades estratégicas incluem a Visão Única do Cliente, Data Driven Decision para o Ciclo de Vida do Produto e Transformação Omni.
3) Os projetos estruturantes visam melhorar a experiência de compra dos clientes através da integração dos canais físico e digital.
O documento fornece uma visão geral da Lojas Renner, incluindo seus negócios, prioridades estratégicas e projetos em desenvolvimento para melhorar a experiência do cliente e gerar mais resultados."
O documento fornece uma visão geral da Lojas Renner, incluindo seus negócios, prioridades estratégicas e projetos estruturantes. Apresenta informações sobre as marcas Renner, Camicado, Youcom e Ashua, além de detalhar as prioridades como visão única do cliente, data driven para o ciclo de vida do produto e transformação omni.
O documento fornece uma apresentação institucional da Lojas Renner S.A., incluindo: (1) uma visão geral da empresa com informações sobre receita, número de lojas e funcionários; (2) seus negócios principais como Renner, Camicado e Youcom; e (3) sua forte cultura corporativa baseada em valores como encantar clientes e simplicidade.
O documento fornece uma apresentação institucional da Lojas Renner S.A., resumindo sua história, negócios, distribuição geográfica, governança corporativa e desempenho da ação. Apresenta os valores da empresa e fatores que contribuíram para seu sucesso, como cultura corporativa forte, posicionamento consistente e manutenção do foco no cliente.
O documento fornece uma apresentação institucional da Lojas Renner S.A., descrevendo sua história, visão geral, negócios, distribuição geográfica, evolução de lojas, governança corporativa e desempenho das ações.
Este documento fornece um resumo da Lojas Renner S.A., incluindo sua história, visão geral, negócios, distribuição geográfica e desempenho. Apresenta detalhes sobre a evolução da empresa desde 1912, sua governança corporativa sólida e cultura enraizada que contribuem para o sucesso consistente.
1) O documento apresenta a Lojas Renner S.A., incluindo sua história, visão geral, negócios, distribuição geográfica e governança corporativa.
2) A Lojas Renner é a maior varejista de moda no Brasil, com receita bruta de R$9,6 bilhões em 2017 e presença em todos os estados brasileiros.
3) Ao longo de sua história desde 1912, a Lojas Renner expandiu continuamente seu número de lojas, área de vendas e receita, mantendo uma cultura corporativa
[1] O documento apresenta informações institucionais sobre a Lojas Renner S.A., incluindo visão geral, negócios, distribuição geográfica e evolução de lojas.
[2] A Lojas Renner é a maior varejista de moda no Brasil, com R$ 9,6 bilhões em receita em 2017, operando 509 lojas e cartões de crédito próprios.
[3] A cultura corporativa forte, o posicionamento consistente focado na mulher, e a simplicidade nos processos contribuíram para o
This document provides an overview of Lojas Renner, a Brazilian fashion retailer. It introduces key members of Renner's management team and investor relations contacts. It then notes that any forward-looking statements are based on current beliefs and assumptions, and actual results may differ. The rest of the document outlines Renner's history, corporate governance structure, sustainability strategy, business segments including Lojas Renner, Camicado, Youcom and e-commerce, geographic footprint, lifestyle concept, customer satisfaction rates, and competitive advantages.
O documento apresenta a Lojas Renner S.A., incluindo sua história, governança corporativa, valores, negócios e estratégia. Contém informações sobre a equipe executiva, números financeiros e operacionais da empresa, além de detalhes sobre suas marcas e canais de venda.
Methanex is the world's largest producer and supplier of methanol. We create value through our leadership in the global production, marketing and delivery of methanol to customers. View our latest Investor Presentation for more details.
Cleades Robinson, a respected leader in Philadelphia's police force, is known for his diplomatic and tactful approach, fostering a strong community rapport.
UnityNet World Environment Day Abraham Project 2024 Press ReleaseLHelferty
June 12, 2024 UnityNet International (#UNI) World Environment Day Abraham Project 2024 Press Release from Markham / Mississauga, Ontario in the, Greater Tkaronto Bioregion, Canada in the North American Great Lakes Watersheds of North America (Turtle Island).
ZKsync airdrop of 3.6 billion ZK tokens is scheduled by ZKsync for next week.pdfSOFTTECHHUB
The world of blockchain and decentralized technologies is about to witness a groundbreaking event. ZKsync, the pioneering Ethereum Layer 2 network, has announced the highly anticipated airdrop of its native token, ZK. This move marks a significant milestone in the protocol's journey, empowering the community to take the reins and shape the future of this revolutionary ecosystem.
Collective Mining | Corporate Presentation - June 2024
Institucional 4 t18_eng
1. December 2018 Lojas Renner S.A. 1
Lojas Renner
February 2019
B3: LREN3; USOTC:LRENY
Institutional Presentation
2. December 2018 Lojas Renner S.A.
WHO WE ARE
• Company Background
• Company Overview
• Our Businesses
• Geographical Distribution
• Store Evolution
• Corporate Governance
• Share Performance
4. December 2018 Lojas Renner S.A.
COMPANY OVERVIEW
4
R$ 11.4 billion of Total Gross Revenue in 2018
556 stores in operation (351 Renner, 3 Ashua, 108 Camicado and 94 Youcom)
4 distribution centers (SC and RJ fully automated)
21.4 thousand employees
30.6 MM of private label cards issued
20 proprietary brands
+ 600 thousand customers visit our stores daily
+ 210 MM users visited our e-commerce channel in 2018
+ 4,200% of share appreciation since 2005
Market capitalization of R$ 30.5 billion
Baseline date Dec/18
WHOWEARE
5. December 2018 Lojas Renner S.A.
OUR BUSINESSES
5
Listed since 1967
Largest fashion retailer in Brazil
Target customers: 18 to 39 age
group, in the A-, B and C+ social
classes
351 stores *
Acquired in 2011
Leader in home and decor
Target customers: 18 to 39 age
group, in the A-, B and C+ social
classes
108 stores*
Launched in 2013
Specialized in youth lifestyle
Target customers: 18 to 35 age
group, in the A-, B and C+ social
classes
94 stores*
*As at Dec/18
RENNER YOUCOMCAMICADO
WHOWEARE
6. December 2018 Lojas Renner S.A.
OUR BUSINESSES
6
Since 2010
Complete mix of Renner,
Camicado, Youcom and Ashua
Possibility of pick up exchanges
and return in stores
Launched in 2016
Curve & plus size format
3 omnistores*
Since 1973
30.6 MM cards
(Private Label + Co-branded)
Approximately 50% of sales
E-COMMERCE REALIZEASHUA
WHOWEARE
*data as at Dec/18
7. December 2018 Lojas Renner S.A.
URUGUAY
7 Renner
NORTHEAST
50 Renner
21 Camicado
1 Youcom
MIDWEST
28 Renner
10 Camicado
7 Youcom
NORTH
22 Renner
4 Camicado
1 Youcom
SOUTH
73 Renner
18 Camicado
31 Youcom
1 Ashua
SOUTHEAST
171 Renner
55 Camicado
54 Youcom
2 Ashua
7
31 de dezembro de 2018
351
108
94
03
DC Renner
DC Camicado
DC Youcom
7
URU
MT
MS
DF
RS
SC
PR
SP RJ
ES
MG
PE
CE
BA
SE
RN
PB
PITO
MA
PA
APRR
AM
AC
RO
AL
5
6
10
33
3
12
2
8
5
12
9
9
4
18
35
5
4
1
1
41
26
6
3
101
3
1
17
44
13
7
9
9
GO
4
38
1
3
2
2
9
2
10
2
4
2
12
2
6
2
2
4
1
2
2
2
1
2
1
2
1
1
1
WHOWEARE
GEOGRAPHICAL DISTRIBUTION
Expansion of Selling Area
CAGR (2014 – 2018) = 9.3%
9. December 2018 Lojas Renner S.A. 9
CORPORATE GOVERNANCE
100% free float
Listed on B3 Novo Mercado
100% common shares
100% tag along
Majority of independent members
on the Board of Directors (88%)
Different executives occupying the
Chairman and the CEO positions
Permanent Fiscal Council
Committees directly linked to the Board of Directors
Own Internal Charters
(Board of Directors, Fiscal Council & Committees)
Stock Option Plan aligns interests of
executives to shareholders
Board of Directors Portal
Secretaries to the Board and Committees
Formal Appraisal of the Board of Directors and
Executive Officers
Corporate Governance Secretary
WHOWEARE
Board of Directors
CEO
Fiscal Council
Independent Auditors
Internal Auditors
Compliance
.
Shareholder’s
Meeting
Chairman
Osvaldo
Schirmer
Vice
Chairman
Carlos
Souto
Member
José
Galló
Member
Fabio
Pinheiro
Member
Heinz-Peter
Elstrodt
Member
Juliana
Rozenbaum
Member
Thomas
Herrmann
People
Committee
Sustainability
Committee
Strategic
Committee
Audit and Risk
management Committee
CEO
José
Galló
Loss
Prevention
Member
Christiane
Edington
CFO &
IRO
Laurence
Gomes
HR
Clarice
Costa
Executive Officer
IT & Mgmt.
Emerson
Kuze
Procureme
nt Fabio
Faccio
Operations
Fabiana
Taccola
Executive Group
10. December 2018 Lojas Renner S.A. 10
LREN3
+4,200%
IBOV
+347%
TOTAL SHAREHOLDER RETURN
LREN3 traded at B3, capital listed since 1967
Listed on B3 Novo Mercado since July, 2005
ADR Program level 1 since February 2017, under LRENY (OTC) ticker1
Market Cap2 = R$ 30.5 billions
Average Daily Trading Volume LTM = R$ 118.3 millions
Part of the following B3 indexes: IBOVESPA, IBRX100, IBRX50, IBRA, ICO2,
ICON, IGC, IGCT, IGNM, ISE, ITAG, IVBX and MLCX
1 - Additional information regarding the ADR Program is available at the Company’s website.
2 – Data from December 28th, 2018
WHOWEARE
Jul-05
Oct-05
Jan-06
Apr-06
Jul-06
Oct-06
Jan-07
Apr-07
Jul-07
Oct-07
Jan-08
Apr-08
Jul-08
Oct-08
Jan-09
Apr-09
Jul-09
Oct-09
Jan-10
Apr-10
Jul-10
Oct-10
Jan-11
Apr-11
Jul-11
Oct-11
Jan-12
Apr-12
Jul-12
Oct-12
Jan-13
Apr-13
Jul-13
Oct-13
Jan-14
Apr-14
Jul-14
Oct-14
Jan-15
Apr-15
Jul-15
Oct-15
Jan-16
Apr-16
Jul-16
Oct-16
Jan-17
Apr-17
Jul-17
Oct-17
Jan-18
Apr-18
Jul-18
Oct-18
11. December 2018 Lojas Renner S.A. 11
WHAT BROUGHT US HERE
• Corporate Culture
• Consistent Positioning
• Competitive Advantages
• Business Model
• Updating Operations
12. December 2018 Lojas Renner S.A. 12
ENCHANT … to surpass customer expectations.
OUR WAY …to do things in a simple and agile manner with great energy and passion.
PEOPLE … to hire, develop and retain the best people.
OWNERS OF THE BUSINESS … to think and act like owners of our business unit.
OBSTINATE FOR RESULTS … to seek results and not good ideas only.
QUALITY … our products and services have the highest level of quality.
SUSTAINABILITY … businesses and attitudes based on the principles of sustainability.
SOLID CORPORATE CULTURE
Corporate Values
WHATBROUGHTUSTOWHEREWEARETODAY
13. December 2018 Lojas Renner S.A.
Brazil Retail 2017 (77%)
Lojas Renner 2018 (87%)
Global Fashion 2018: 65%
94% adherence in 2018
(14.511 respondent employees)
Survey run between: February to March, 2018
Zona de Indiferença
0%
Critical
Zone
High
Performance Zone 100%
50%
71%
Neutral
Zone
13
Source: Aon Hewitt
Lojas Renner 2017 (88%)
SPEAK WELL ABOUT THE COMPANY
PROUDNESS OF BEING PART OF IT
ALWAYS GO THE EXTRA MILE
In a high performance zone since 2011
SOLID CORPORATE CULTURE
Committed People
WHATBROUGHTUSTOWHEREWEARETODAY
15. December 2018 Lojas Renner S.A.
PRACTICE THE LAWS OF SIMPLICITY
1. Trust more,
control less.
2. Before acting,
ask: for what?
3. Brutal
simplification
with focus on the
business and the
customer
4. Eradicate the
over-fastidious,
enemies of
simplicity.
5. Always
remove all that
the customer does
not want to pay.
15
“Simple is harder
than complex”
And simplicity
WHATBROUGHTUSTOWHEREWEARETODAY
SOLID CORPORATE CULTURE
IT’S SIMPLE
TO BE RENNER
16. December 2018 Lojas Renner S.A.
“Focus is not what
not what you é o
you have to do, it is
what you have to
stop doing.”
16
Always maintaining focus...
WHATBROUGHTUSTOWHEREWEARETODAY
SOLID CORPORATE CULTURE
17. December 2018 Lojas Renner S.A.
There is always room
for improvement!
We love challenges: not
knowing that it is
impossible, we just go
ahead and do it!
17
Dissatisfaction with the status quo
WHATBROUGHTUSTOWHEREWEARETODAY
SOLID CORPORATE CULTURE
18. December 2018 Lojas Renner S.A.
“To be the brand which
stands by the modern
woman, offering a range of
styles of high quality fashion
at competitive prices and
excellence in services.
Enchanting and innovating,
in a sustainable way.”
18
CONSISTENT MARKET POSITIONING
Clear Value Proposition...
WHATBROUGHTUSTOWHEREWEARETODAY
19. December 2018 Lojas Renner S.A.
45%
90’s 2010’s
60%
Increased presence of women in
the labor market
• Buy for the whole family
• Represent 80% of Renner’s customers
• Are responsible for 83% of the decisions on
apparel purchases
• Have achieved a growth of 82% in
purchasing power over the last decade
22%
80’s
19
Source: Valor Econômico newspaper 2014
In Brazil, women...
CONSISTENT MARKET POSITIONING
With a focus on the Woman
WHATBROUGHTUSTOWHEREWEARETODAY
20. December 2018 Lojas Renner S.A.
A
B
C
+
-
+
-
Renner
SocialClasses
+
-
20
Source: Ibope Inteligência 2015 and IstoÉ Dinheiro Magazine – Family Budget Survey (POF) – IBGE
R$ 20,273.00
R$ 1,910.00
R$ 5,351.00
Average
Monthly
Household
Income
CONSISTENT MARKET POSITIONING
By Social Class
24% of households
47% of total wage bill
38% of consumption
3% of households
24% of total wage bill
16% of consumption
52% of households
27% of total wage bill
39% of consumption
WHATBROUGHTUSTOWHEREWEARETODAY
22. December 2018 Lojas Renner S.A. 22
Engaged
people
enchant
customers
Enchanted
customers are
loyal customers
Loyal
customers
generate
consistent and
sustainable
results
Cycle of Enchantment
Enchantment – Surpassing Customer Expectations
Watch Lojas Renner’s
Culture and Enchantment
Video
24 MM opinions
collected in 2018
95.0%
Very satisfied or
satisfied
Real-life stories in which
customers are surprised
by outstanding initiatives
on the of the
employees
WHATBROUGHTUSTOWHEREWEARETODAY
COMPETITIVE ADVANTAGES
,STORIES OF
ENCHANTMENT
WRITTEN
EVERY DAY IS
DAY TO
ENCHANT
SINCE1996 THERE ARE ALREADY
23. December 2018 Lojas Renner S.A. 23
Lifestyle: You have your style, Renner has all of them.
Each brand represents the lifestyle of a customer group based on their attitudes, interests,
values and personalities.
WHATBROUGHTUSTOWHEREWEARETODAY
COMPETITIVE ADVANTAGES
24. December 2018 Lojas Renner S.A. 24
Best use of shopping time
One-stop-shop for the whole family
Reduces need for markdowns
Increases opportunities for cross-selling
WHATBROUGHTUSTOWHEREWEARETODAY
Lifestyle: You have your style, Renner has all of them.
COMPETITIVE ADVANTAGES
25. December 2018 Lojas Renner S.A. 25
Source: Deloitte – Global Powers of Retailing 2007 and 2017
1. Federated Dpt Stores U$ 22.4
2. JC Penney U$ 18.8
3. TJX U$ 16.1
4. Gap U$ 16.0
5. KarstadtQuelle U$ 14.3
6. Khol’s U$ 13.4
7. Otto Group U$ 11.5
8. Limited Brands U$ 9.7
9. Millenium Retailing U$ 8.6
10. H&M U$ 8.4
1. TJX U$ 30.9
2. Macy’s U$ 27.1
3. Sears U$ 25.1
4. Inditex U$ 23.1
5. H&M U$ 21.7
6. Gap U$ 15.8
7. Fast Retailing U$ 14.2
8. Nordstrom U$ 14.1
9. El Corte Ingles U$ 13.1
10. JC Penney U$ 12.6
2005 2015
Largest retailers in the world market
(Net Revenue in billions)
BUSINESS MODEL ALIGNED WITH GLOBAL BENCHMARKS
WHATBROUGHTUSTOWHEREWEARETODAY
26. December 2018 Lojas Renner S.A. 26
Source: Company Annual Reports
WHATBROUGHTUSTOWHEREWEARETODAY
BUSINESS MODEL ALIGNED WITH GLOBAL BENCHMARKS
-0.2%
276.8%
254.5%
168.5%155.3%
16.5%
-32.3%
9.2%
TRADITIONAL RETAIL FASHION RETAILERS
% growth in net revenues from 2008 to 2017
27. December 2018 Lojas Renner S.A. 27
Source: Company Annual Reports
CAGR 2013 - 2017
WHATBROUGHTUSTOWHEREWEARETODAY
BUSINESS MODEL ALIGNED WITH GLOBAL BENCHMARKS
NA
28. December 2018 Lojas Renner S.A. 28
Operation focused on proprietary brands
Frequent collection launches
High degree of fashion appeal
Competitive prices
Products organized around life styles
Operations focused on apparel and accessories
One-stop-shop for the whole family
Multi-channel model
Supply chain proximity to accelerate the time-to-market
WHATBROUGHTUSTOWHEREWEARETODAY
BUSINESS MODEL ALIGNED WITH GLOBAL BENCHMARKS
29. December 2018 Lojas Renner S.A. 29
FASHION
REACTIVITY
2012
2013
2015
2018
Single Customer
View
Data Driven for
Products
Omni
Transformation
DIGITAL
FROM 2019
Improvements on the Business Model
BUSINESS MODEL ALIGNED WITH GLOBAL BENCHMARKS
WHATBROUGHTUSTOWHEREWEARETODAY
STORE
SIMPLICITY
Store at the center of
everything
New supply logistics
Revision of Processes
CSC releasing time for
the store manager
Capture of fashion trends
Specialization of the
businesses
Communication between
stores and purchases
Strengthening of the
chain
Quality
30. December 2018 Lojas Renner S.A.
WHERE WE ARE GOING TO
• Market Consolidation
• Increased Market Share
• Expansion of Stores
• Other Concepts
• Operation Abroad
• Integration of the Channels
30
31. December 2018 Lojas Renner S.A.
TOP 5 RANKING
1 Renner
2° C&A
3° Riachuelo
4° Pernambucanas
5° Marisa
16%
Market
concentration of
other sectors in Brazil
31
12%
Fragmented apparel market with opportunities for consolidation
Source: Jornal DCI, IBOPE, Euromonitor, IBGE, Bank of America Merril Lynch and Lojas Renner estimates.
Note: Data for C&A and Pernambucanas are estimated.
20% of existing
stores closed
between 2014
and 2017
Electroelectronics
top 5 = 50%
Supermarkets
top 5 = 50%
Drugstores
top 3 = 24%
WHEREWEAREGOINGTO
MARKET CONSOLIDATION
Other
Retailers
Other
Retailers
+
Informality
32. December 2018 Lojas Renner S.A.
26%
18%
17%
14%
11%
9%
6% 5% 6% 4%
Sul Sudeste Centro-Oeste Nordeste Norte
Share Cartão Share Venda
32
INCREASED MARKET SHARE
Note: Card Share: % of clients (target A-, B, C+) with Renner card in relation to the total of the public target of the region
Revenue Share: % of Renner revenue (R$) in relation to the qualified demand (R$) of the region
Source: IBOPE 2017 and Renner database
5
8
6
8
12
10 MM 39 MM 6 MM 11 MM 5 MM
Target Population
Average store
age by region
(in years)
South Southeast Midwest Northeast North
Share of cards Share of sales
WHEREWEAREGOINGTO
Potential gains of share on existing selling areas
33. December 2018 Lojas Renner S.A. 33
PMC: government statistics office’s(IBGE) Monthly Retailing Survey index
INCREASED MARKET SHARE
WHEREWEAREGOINGTO
34. December 2018 Lojas Renner S.A. 34
Target of 450 Renner stores by 2021
EXPANSION OF STORES
CURRENT CHAIN OF 351 STORES
91% shopping centers / 9% stand-alone
39% in maturation
Presence in +/- 50% of all Brazilian shopping
centers
Existing Shopping
Centers
New Shopping
Centers
Street Side Stores
Cities with
Renner stores
Cities without
Renner stores
Central areas
Smallers cities
Micro regions
PRODUCTIVITY OF EXISTING STORE CHAIN
Re-dimensioning of store meterage
Optimization of sales areas by absorption
Updating of store layout
Adaptation of visual merchandising
Store modernization
Better shopping experience
WHEREWEAREGOINGTO
35. December 2018 Lojas Renner S.A. 35
Nationwide coverage
Brand consolidation
Potential of 300 stores
Adjustments to product mix
(imported items)
Omni and marketplace
Target of 125 in 2021
Breakdown of Net Revenue 2018
Target of Camicado and Youcom potential stores in 2021
Launched in 2013
Acquired in 2011
91%
7%
2%
OTHER CONCEPTS
WHEREWEAREGOINGTO
E-commerce + 3 stores
5 inaugurations expected for 2019
36. December 2018 Lojas Renner S.A. 36
First step abroad through the debut in the Uruguayan market
in 2017
7 stores operating in Uruguay
Opening of up to 3 stores in Argentina in 2019
Studies of the Latin American market
Model replicable for other countries
Same positioning as Renner in Brazil
OPERATION ABROAD
WHEREWEAREGOINGTO
37. December 2018 Lojas Renner S.A. 37
DIGITAL CYCLE
WHEREWEAREGOINGTO
Consumer Behaviour
Shopping Process by Generation (US)
Source: Merrill Lynch – Gen Z is changing the landscape again 04.16.2018
Sample of 39,554 respondents
41% 38% 37%
44% 48%
22%
22% 22%
19% 17%
13% 14% 15%
13% 12%
24% 26% 27% 23% 23%
18-21 22-30 31-38 39-53 54+
Buy in Store Search Online, Buy in Store Search in Store, Buy Online Buy Online
38. December 2018 Lojas Renner S.A. 38
TECHNOLOGY
PRODUCTS,
SERVICES &
PROCESSES
ENCHANT-
MENT
PEOPLE
“TO ENCHANT CUSTOMERS
IS OUR MAISN GOAL”
Being digital is more about
people than technology
The use of technology is
aimed to accomplish and
reinforce our value
proposition.
Technology is na enabler to
transform the customer experience,
operating processes and business
model, generating more revenues
and operational efficiency.
DIGITAL CYCLE
What digital means for Renner
39. December 2018 Lojas Renner S.A. 39
Structural Projects
Single Customer View
Data Driven Decision to the
Whole Product Lifecycle
Omni Transformation
• Big data
• Identification of unknown
customers
• Personalized communication
• Personalized shopping experience
• Artificial Intelligence
• Algorithms
• Prediction
• Assertiveness
• Agility on decisions
• Lower inventories
• Orchestrated inventory
• Equalization of sales channels
• Convenience, mobility and flexibility
• Fluid and enchanting sales
experience
PARAONDEVAMOS
DIGITAL CYCLE
CUSTOMER
Transforming data in
actions
PRODUCT
Apply tecnology in
collections
CHANNELS INTEGRATION
Create a single
shopping experience
40. December 2018 Lojas Renner S.A.
ATTACHMENTS
• Macroeconomic Influences
• Main Figures
40
41. December 2018 Lojas Renner S.A. 41
11.6%
93.8
Unemployment Rate
1105.1
Credit Evolution to Individuals as a % of GDPHousehold Indebtedness
R$ 779.8 bi
24.1%
19.8%
42.5%
MACROECONOMIC INFLUENCES – CONSUMPTION AND CREDIT
ATTACHMENTS
Source: IDV, Ministério da Fazenda, IBGE/PME , Brazilian Central Bank(new methodology since March/11).
Total Savings (Balance)
Household Indebtedness/ Income Mass (12 months)
Household Indebtedness(Ex. mortgage)/ Income Mass (12 months)
Income Commitment with Debt Service (Interest + Amortization)
Trend Line
Delinquency Rate for Individuals (average)
Credit to Individuals/GDP (year end period)
Consumer Confidence Level Consumer Confidence Leve in Retail Restrict TradeUnemployment Rate (% of Economic Active Population)
Consumer Confidence Level and Retailing Business