Every industry will be transformed by this demographic shift. In addition to retailers, companies in business sectors such as consumer products, healthcare, real estate, technology, financial services, and travel and leisure will find that aging consumers present tremendous challenges -- and tremendous opportunities.
More Quotes from Pat Conroy:
This place means a lot to me. But make no mistake, I am a basketball coach. And I would not come back if I wasn't absolutely convinced that we can win.Pat Conroy
Every industry is going to be affected (by the aging population). This creates tremendous opportunities and tremendous challenges.
Pat Conroy
My mother saw in 'Gone With the Wind' the text of liberating herself, ... She took 'Gone With the Wind' as the central book in her life, and made it the central book in her family.
Pat Conroy
My mother thought of my father as half barbarian and half blunt instrument, and she isolated him from his children.
Pat Conroy
As we begin the year, retailers should focus on encouraging consumers to redeem gift cards to help sustain sales and buoy margins. Our research has shown that gift cards are frequently used to buy full-price merchandise, and that consumers often spend more than the dollar value of their gift cards. Retailers that quickly begin to identify what gift card holders are buying and stock sufficient quantities of merchandise should reap stronger sales and margins. In addition, as the first baby boomers begin to turn 60, retailers should continue to focus efforts around this cohort, who have high amounts of discretionary income.
Pat Conroy
Readers Who Like This Quotation Also Like:
Based on Topics: Business & Commerce Quotes, Computers & Technology Quotes, Finance Quotes, Medicine & Medical Quotes, Opportunity Quotes, Product QuotesI'm not afraid to look like a big, hairy, smelly, foreign devil in Tokyo, though I do my best not to, I really do.
Anthony Bourdain
Mostly I do films that mainstream Hollywood wouldn't touch.
Jason Patric
Fathers and mothers have lost the idea that the highest aspiration they might have for their children is for them to be wise... specialized competence and success are all that they can imagine.
Allan Bloom