Simple Ideas On Aspects Of Prentice Capital Zimmerman

As consumers evolve companies must follow suit, engaging their client base with new and innovative methods. 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 2014, and anticipates significant increases in the amount of money shoppers spend on-line via mobile. Retail sales increased 0.3% MoM in February. 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.” Consumer Confidence Down, on-line Spending up - Michael Zimmerman’s Hedge Fund Sees commerce as Future of Retailing Pr entice Capital Management’s Michael Zimmerman anticipates that on-line shopping and smart phone commerce will continue to take market share, notes that retailers with innovative mobile amps report up to five times customer interaction than those not implementing mobile strategies' Consumer confidence is down but, contrarily, spending in some key areas is up. The fund primarily invests in consumer and retail equity shares. 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. Michael Zimmerman's Pr entice Capital Management BP Pr entice Capital Management BP is a financial investment advisory firm head quartered in Greenwich, Connecticut. As stated by the Michigan Index, U.S.consumer confidence during August dropped six-year highs. Starbucks allows customers to pay directly from their Smartphone in store, while Amazon gives consumers the ability to scan bar codes at bricks and mortar retailers, quickly displaying on-line discounts for the same and similar products. 2013 could become a breakthrough year for mobile shopping, especially if smart phone prices continue to fall and strong consumer uptake of the devices continues.

Michael Zimmerman of Hedge Fund Pr entice Capital on the commerce Shift Published: Apr 4, 2014 12:57 p.m. Otherwise, Zimmerman believes, they will lose a huge amount of traffic from on-line customers who only visit and shop on mobile devices. “Brands ignore this shift at their own peril.” “Brands ignore this shift at their own peril.” This is proof that low consumer confidence doesn't equate to weak consumer spending. An estimated 33% of Smartphone users check for product reviews, coupons and discounts prior to making a purchase, often while in-store - a trend fuelled by Social media.

Capital Management LLC. Prior to this, from 1999 to 2000, he was an Analyst at Omega Advisors specializing in retail and consumer companies. Mr. Zimmerman began his investment career at Lazard Asset Management, where he worked from 1994 to 1999 covering retail and consumer companies, homebuilders, and utilities. Mr. Zimmerman serves as the Chairman of publicly traded Delias Inc. He has been the Chairman of dELiA*s, Inc., since May 1, 2013 and has been its Independent Director since March 25, 2011. Mr. Zimmerman has been the Chairman of the Board at continue CR Acquisition Corp. since March 2008. He has been a Director of Kid Brands Inc.

Consumer Confidence Down, on-line Spending up - Michael Zimmerman’s Hedge Fund Sees commerce as Future of Retailing Pr entice Capital Management’s Michael Zimmerman anticipates that on-line shopping and smart phone commerce will continue to take market share, notes that retailers with innovative mobile amps report up to five times customer interaction than those not implementing mobile strategies' Consumer confidence is down but, contrarily, spending in some key areas is up. 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. “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, commented in a statement. “The economy, employment, wages, and retail sales continue to stagger along. His pattern of investing as demonstrated through Pr entice Capital's disclosures has shown the Zimmerman hedge fund favours shares with strong brands, well conceived mobile and on-line commerce strategies. The data suggests that consumers remain cautious with their pocketbooks and purchases. Intelligent use of Social media and Smartphone data allows forward thinking companies to analyse customer Investing in an 'architectural treasure': Placer building residents kick off improvement project | Helena Local News Feed | helenair.com behaviour and quickly address needs and concerns, adapting as necessary. Retail sales increased 0.3% MoM in February. Starbucks allows customers to pay directly from their Smartphone in store, while Amazon gives consumers the ability to scan bar codes at bricks and mortar retailers, quickly displaying on-line discounts for the same and similar products. 2013 could become a breakthrough year for mobile shopping, especially if smart phone prices continue to fall and strong consumer uptake of the devices continues. The fund primarily invests in consumer and retail equity shares.