Both retailing and car parking face common problems including declining sales and revenues due to budget-conscious consumers and strong competition. They also share challenges with managing space, inventory, and rising occupancy costs. Both industries have implemented significant technological advancements to address these issues through tools like ANPR systems, mobile payment, capacity management, and dynamic pricing.

2. Comparisons
What do they have in common?
AND
Can I Park easily & Buy what I Want?
Retailing Car Parking
 Significant technology  ANPR/Mobile Payment
advancements
 Capacity management
 Management of space
 Dynamic pricing
 Inventory management
 Cost per space
 Rising occupancy costs

3. Problems
What do they have in common?
 Sales & revenue decline
 Budget conscious
consumer
 Strong competition
 Management of space
 Inventory management

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