Hints and tips:
...In the UK JD has a roughly 50:50 split between malls and high streets so is well hedged for customers choosing to shop locally....
...“He recently went to a shopping mall. A fan tore off his shirt, another punched me, someone else kissed him on the cheek,” says Nagpal....
...Broader retail — from malls to grocery stores — have all felt the impact of changing consumer trends and growing online sales, with auto parts retailers failing to escape the fears of decline for bricks...
...Auto sales have also been robust....
...This ambition and integration is slowing Tesla down just as the auto industry is stirring, critics say....
...But auto finance is now used in three-quarters of new car transactions in the UK – a market worth £13.4bn – up from less than half in 2009, according to the Finance & Leasing Association....
...Tesla has only recently established a presence in China and is not participating in the Beijing auto show, which opened on Sunday....
...Tesla has used showrooms in busy suburban malls to find customers, sidestepping the dealer networks that are given preferential treatment by laws in most US states....
...(Financial Times) Auto industry robot-car liability: Who is to blame if your self-driving car crashes?...
...The shale oil boom around Williston, North Dakota, has created a bonanza for its open-air strips of shops, Mr Mason notes; the corrosion of auto jobs in Detroit, Michigan, has been bad for its malls....
...And younger people tend to be more internet savvy,” says Bill Russo, head of Synergistics auto consultancy in Beijing and former head of Chrysler in China....
...Synovate, a China-based auto consultancy, estimates there could be 10m telematics users by 2015....
...Inside, with its pale carpets and sleek sofas, it feels more like a plush auto showroom or an upmarket furniture store....
...American Axle & Manufacturing, an auto parts supplier, initially rose after cost cuts enabled the company to post a quarterly profit....
...Spreads on auto parts makers are trading at a tenth of the levels of a few months ago, reflecting perceived lower risks on payment defaults....
...This method is already being used to pump up demand for securities backed by credit card and auto loans....
...An end to economic freefall could unleash pent-up demand in sectors such as autos, where sales are running below the level required to maintain the current stock of vehicles....
...“We came to realise that, instead of a financial supermarket, we should think of Citi more like a financial mall,” said a former senior executive in the Weill era....
...Collapsing auto sales hurt, but declines in discretionary areas such as electronics and furniture also reinforce the picture of a consumer under pressure. Not all retailers are suffering....
...Capcom’s strategy is to make games with international appeal, but some of its big hits abroad, such as zombies-in-a-mall title Dead Rising, have not sold at home....
...Denso, Japan’s biggest auto parts maker, slid 6.4 per cent to Y3,950 while Honda Motor dropped 3 per cent to Y3,260....
...DLF, India’s largest property developer, is building the Emporio luxury shopping mall in New Delhi....
...Reprinted by arrangement with The Penguin Press, a member of Penguin Group (USA), Inc. Copyright (c) Alan Greenspan, 2007....
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