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webstersdgm: Pr entice Capital, Michael Zimmerman's Hedge Fund Believes e-commerce Is the Future of Retailing Amid Weak Consumer Confidence Pr entice Capital Management's Michael Zimmerman notes that retailers with innovative mobile amps report up to five...
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Pr entice Capital, Michael Zimmerman's Hedge Fund Believes e-commerce Is the Future of Retailing Amid Weak Consumer Confidence Pr entice Capital Management's Michael Zimmerman notes that retailers with innovative mobile amps report up to five times customer interaction than those not implementing mobile strategies' and anticipates that on-line shopping and smart phone e-commerce will continue to take market share. Zimmerman has recently commented that US consumer retail growth will likely continue to perform well in the year ahead. 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. About Pr entice Capital Management Pr entice Capital Management BP focuses on private and public equity investments in the U.S. c
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