O’Connell Street to ban adult shops and arcades in new council criteria

Dublin City County are to publish a new plan for Dublin’s O’Connell Street. The stipulations will govern all future retail units and developments that reside along the 1,650 ft. avenue. Notable retailers which already operate here include Eason and until recently Clery’s Department Store.

The draft planning will also include areas like Henry Street, North Earl Street, Middle Abbey Street and D’Olier Street. The new implementation is put in place to promote appropriate commercial activity but also to maintain the areas character and architecture. Planning powers will be enstalled that means existing shops of ‘special significance’ will take precedence over those deemed ‘less appropriate’.

Permission for retail units classed as amusement shops, bookmakers, fast food outlets, mobile phone shops, or adult entertainment will be rejected. The scheme doesn’t however give council the authority to close such shops already in existence, rather stopping further outlets from opening.

The scheme will be available for public consultation and submissions for eight weeks. The final plan must be approved by city councillors before it comes into force.

Source: http://www.irishtimes.com/news/environment/o-connell-st-plan-to-ban-new-adult-shops-chippers-arcades-1.2381316

Image: Independent.ie

 

How to become a Merchandise Planner

Do you get annoyed when you walk into a shop and can’t find a pair of jeans in your size? Merchandise Planners or Merchandisers are responsible for ensuring that the right amount of stock and enough of each size is available for the store in question. They must recognise the selling potential in products that buyers want to sell in the department. A Merchandise Planner will plan sales in accordance with this to drive profit. Find out more about what they do here.

The aim ultimately is to achieve better sales results than the previous year. Merchandisers essentially hold the purse strings of a department, responsible for having the right stock, in the right place at the right time to maximise sales and to minimise mark down. With the buyer, they will look at past performance and future trends, to predict what items will sell best and plan accordingly. Because of this Merchandisers need to be highly numerical, commercially minded and analytical. They must possess the ability to work in a fast-paced and ever-changing retail office environment.

As a merchandiser you’ll be an integral part of driving the bottom line results and sales by making commercial decisions about stock positioning and quantities. With your numerical expertise, ability to analyse sales data and ability to work closely with stores, suppliers and distribution teams in the business, you’ll ensure the best sales performance is consistently achieved.

Merchandise Planners will think and solve logically – they will have reasoning and an ability to come to commercial and financial decisions based on accurate information accumulated from analysing reports and figures.

Merchandiser’s skill-set

  • Identify trading priorities, opportunities and challenges
  • Relevant work experience and/or business related degree/course
  • Ability to analyse & interpret data
  • Commercially aware with a trading focus
  • Good communication and organisational skills
  • High proficiency using Microsoft Office programs – Excel in particular

As a recruiter, the type of people we put forward for trainee merchandising roles ideally would have the following key things on their CV….

  • A Fashion buying & merchandising course or a business/finance related degree – there are a lot of these available so shop around. Some are affiliated with the major retailers so it can be a good way to gain an internship and perhaps a job. Do your research and explore which is the best one for you. Try and speak to ex-students if you can and see what they are up to post course.
  • Retail experience (even if part time during school or college)
  • Office experience – this can show your IT skills, using internal systems, proficiency using Microsoft Office programs – Excel in particular – can you use Pivot Tables and VLOOKUPs?

 

What is a Merchandise Planner?

There is a surplus of jobs to candidates as the demand for Merchandise Planners is higher than ever. A Merchandise Planner is a highly skilled and niche job, that offer well-paid and rewarding career paths. Establishing a career as a Merchandise Planner affords you the opportunity to be immersed in a competitive and progressive industry. Merchandise Planners are imperative to the functionality of the Fashion Industry. Their premise in a company or organisation is to ensure that the logistics in place drive profit. They are highly numerical, data driven, deciphering highly complex reports and quantitative figures and determining business based decisions on all of these facets. Another noteworthy point is the confusion between Visual Merchandisers and Merchandise Planners which we recently covered here.

Merchandise Planners have an enviable skill set. There is often misconception that to work in fashion you must be predominately creative. Merchandise Planners think and solve. They are commercially minded and analytical. While Retailers needs creativity, they also need profit and that is driven and determined by a Merchandise Planner. They will ensure that stock is in the right place at the right time. They will be astute and apace with cultural trends and demographics. They can determine in advance what stock will be needed and where it will sell best.

A store located in a young, urban and creative city will sell alternative stock than a rural location with a median population that is considerable older. The Merchandise Planner will ensure that the correct type and quantities of stock are in place in both locations to optimise sales and profit.

Merchandise Planners are high in demand. They have an amalgamation of many skills and are rewarded with competitive salaries and benefits, some which include.

  • Constant job openings with the biggest retailers, all year round
  • Paid travel and mileage
  • Being appreciated for their niche expertise
  • Broad career path and numerous choices
  • Attractive salary scale

What you need to become a Merchandise Planner

Third LevelPreferred.
Degree TypeIdeally within Business, Supply Chain and/or Finance
Key SkillsAnalytics ability, Reporting, Data analysis and proficiency, ordering systems, advanced Microsoft Office especially Excel, Negotiation. Numerical skills, Understanding of Retail Maths and how to convert to profit
SalaryEntry Level: €24,000

Median Level: €50,000

Top level: €90,000

Experience1-3 years within Retail

 

Have we got you curious? We’ve written this blog on steps to become a Merchandise Planner and outlines exactly what we look for when receiving applications for the ongoing Merchandise Planner jobs we have available. Want to work in an International buying office with the world’s biggest retailers. Merchandise Planners are just as crucial to the operation as Retail Buyers.

 

The Top 10 Worldwide brands revealed

Unsurprisingly, Apple have retained their number one positioning as the world’s most valuable brand. Brand management firm Interbrand, carried out the analysis to ascertain the best global brands and their respected value.

Technology brands made up a considerable chunk of the 100 listings. Facebook was the biggest mover improving the brand value by 54% but residing outside of the top 10, in 23rd place.

The ranking merits brands based on an amalgamation of financial performance, customer influence and their propensity to deliver a premium price and secure profit.

The Top 10 List.

  1. Amazon
  • Brand value: $37.9 billion (€33.9bn)
  • Percentage change from last year: +29%
  • Last year’s rank: 15
  1. McDonalds
  • Brand value: $39.8 billion (€35.6bn)
  • Percentage change from last year: -6%
  • Last year’s rank: 9
  1. GE
  • Brand value: $42.3 billion (€37.8bn)
  • Percentage change from last year: -7%
  • Last year’s rank: 6
  1. Samsung
  • Brand value: $45.3 billion (€40.52bn)
  • Percentage change from last year: 0%
  • Last year’s rank: 7
  1. Toyota
  • Brand value: $49 billion (€43.83bn)
  • Percentage change from last year: +16%
  • Last year’s rank: 8
  1. IBM
  • Brand value: $65.1 billion (€58.23bn)
  • Percentage change from last year: -10%
  • Last year’s rank: 4
  1. Microsoft
  • Brand value: $67.7 billion (€60.55bn)
  • Percentage change from last year: +11%
  • Last year’s rank: 5
  1. Coca Cola
  • Brand value: $78.4 billion (€70.12bn)
  • Percentage change from last year: -4%
  • Last year’s rank: 3
  1. Google
  • Brand value: $120.3 billion (€107.6bn)
  • Percentage change from last year: +12%
  • Last year’s rank: 2
  1. Apple
  • Brand value: $170.3 billion (€152.32bn)
  • Percentage change from last year: +43%
  • Last year’s rank: 1

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