http://www.facebook.com/home.php?#!/photo.php?pid=3998262&id=94971738769&fbid=396773208769
I'll be entering :) I rather like these!!
x
In my journal I have discussed the matter that Next are currently unfolding a 4 year strategy market shift:
“The middle aged Sex and The City kinda gal” Next are trying to attract the
We are reducing our workwear range which has changed our customer. Next are working on a market shift over a 4 year plan to minimize our work and formal wear. Currently 2 years into this plan, and our stores show our increasing focus on fashion wear.”
-John Store Manager
However this morning, while catching up with Next’s Facebook page I read the following comment:
http://www.facebook.com/nextonline?v=wall&ref=ts
Text Reads:
I've just received my summer catalogue and must say it is entirely aimed at ladies who are 6 foot and have legs of at least 36 inch! After being a Next customer for over ten years this is the first time I have seen a Next catalogue that makes no effort to appeal to the curvier shorter average lady ..................
It ...'s very sad but i will save my money in the hopes that the Aut/Win one is better :-(
I found this comment very interesting as it shows the view of a current, and until now loyal customer of 10years. Are Next fascing the risk of loosing thier current customers from the changes they are making??? This customer is certainly not happy!
I await the feedback this comment receives and any views that other customers may add (it was only posted 40mintues ago)
x
Revenues at the direct division of British apparel and decor retailer Next rose 7 percent to £873.2 million ($1.30 billion) in the year ended January 2010. Profits for the division are also up from £157.6 million ($234.6 million) last year, to £183.6 million ($273.3 million)—a rise of 16.5 percent. Overall pretax profit at the retailer was up 18 percent to £505 million ($751.5 million).
Next says one of its primary targets for 2010 is growing its international business. The retailer is moving away from overseas store openings to focus on its international website NextDirect.com. Having posted a profit of £800,000 ($1.2 million) via its international website last year, Next has set its sights on generating a profit of £1.4 million ($2.1 million) on sales of £7 million ($10.4 million) in 2010.
Yesterday, on the train home, I got talking to the woman who was sat beside me. It wasn't long before I found out that she is the Lancaster BHS Store Manger!
So, of course, I told her about my Store Management unit and she was more than happy to answer my questions, tell me about her daily job and she even looked through my work and the portfolio brief, giving me some tips and advice. A lot of what she told me I could relate to Next, and she also knew some things about Next. The advice she gave me helped me a lot in terms of seeing things from a store managers point of view, and helped me realise just how much work they do, and the value of the manuals they receive from Head Office- the manuals we have to produce for this unit.
She also advised me on how to say things so that store assistants can clearly understand what is being said in the manual, and the value of visual guides rather than written and long wordy guides. She said I must write an "idiots guide with lots of pictures"!
A issue we discussed at length was the market shift which Next is going through- moving away from work wear and more into fashion wear- and whether or not we think is it the right thing for them to do. As she herself falls into their target market, I found it interesting that she herself no longer shops there. She used to, especially for her work wear, and used to pick up other basics; but Next is moving away from this product segment she now rarely visits Next and doesn't care a lot for their new fashion ranges. I got to thinking, if this 30 year old successful professional no longer desires to shop at Next, how many are like her? Especially one who knows her stuff in the business!
x
Next's fisrt response was to point out their petite range, however the customer was also not satisfied with this. Next's next move was to reply with a personal message, so unfortunatly we do not get to find out the result!
"Hi Anne-Marie, thanks for coming back to us. We've sent you a PM, have a great day. :)"
Hmmm.... loosing their loyal customers and their focus which has worked for so many years in sight of chasing fast fashion???? Time will tell......
x