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”Given the evidence, we seem to be entering the start of a persistent mobile age,” Scott Galloway, a professor of marketing at nu Stern and creator of L2, noted in a statement. Press Release | Tue Se 24, 2013 2:21pm EDT Reuters is not responsible for the content in this press release. “The positive retail sales report indicates that the economy is primed for growth,” NRA President and CEO Matthew Shay said. 2 With parabolic commerce sales trends, optimizing for mobile shoppers by developing a mobile commerce website or responsive design site, and possibly a mobile Lapp - is a must today for retailers of all sizes. August retail sales showed that total retail sales increased 0.2% adjusted month-to-month and increased 4.7% adjusted year-over-year. Retailers and consumers are resilient but not overly optimistic about the broader economy,” said NRA President Matthew Shay, but “positive retail sales growth continues month-after-month.” As consumers evolve companies must follow suit, engaging their customer base with new and innovative methods. Zimmerman's main fund, Pr why not try here entice Capital Partners, invests in public shares and corporate debt, a strategy that proved to be not very successful, at least in Zimmerman's case. This view is supported by research published in a report from mobile ad network InMobi which states that 83% of surveyed respondents plan to use mobile commerce in the next 12 months with a further 48% of respondents using mobile to influence their purchasing decisions 1. About Pr entice Capital Management Pr entice Capital Management BP focuses on private and public equity investments in the U.S. consumer and retail sectors. ET Greenwich, Bonn., April 4, 2014 /PRNewswire/ -- Michael Zimmerman's hedge fund Pr entice Capital believes up to 80% of consumers will embrace commerce in home page 2014, and anticipates significant increases in the amount of money shoppers spend on-line via mobile.
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Michael Zimmerman of Hedge Fund Pr entice Capital on the commerce Shift Published: Apr 4, 2014 12:57 p.m. With parabolic commerce sales trends, retailers that do not provide consumers with a seamless shopping experience are leaving a significant amount of money on the table. About Pr entice Capital Management Pr entice Capital Management BP focuses on private and public equity investments in the U.S. consumer and retail sectors. Zimmerman firmly believes customers want to combine pure on-line with visiting shops. His pattern of investing as revealed through Pr entice Capital’s disclosures has shown the Zimmerman hedge fund favours shares with strong brands and well conceived mobile and on-line commerce strategies. Apple’s phone and pad represented the vast majority of U.S. on-line shopping and sales during Christmas, accounting for more than an 83 percent take of sales compared to Android. This is confirmed by August Nonstore retailers’ sales figures, the measure of money spent on internet shopping, showing an increase of 0.5% seasonally-adjusted month-to-month and an increase of 8.8% unadjusted year-over-year. Additionally, The Blomberg Consumer Comfort Index plummeted four straight weeks to its lowest level since April.