Each section must be separated with at least 150 word minimum for each part.
Part 1 (150 wd)
What is your favorite apparel retailer? Discuss the criteria you used in making your selection? What can a competing firm do to lure you away from your favorite firm?
What is the purpose of developing a formal retail strategy? How could a strategic plan be used by a local restaurant chain?
Has the changes in the economy changed the way you shop?
Part 2 (150 wd)
From a retailer’s perspective, explain the advantages and disadvantages of having a Website? How has social media and online reviews affected retailers?
Part 3 (150 wd)
How can retailers attract and retain more women and minority workers?
How would you supervise and motivate a Milenial employee versus a Baby Boomer employee, working for a retail store.
Part 4 (150 wd)
Choose a Point of Sale System. Discuss the pros and cons of the product.
Part 5 (150 wd)
What information should a department store gather before adding a new women’s apparel brand to its product mix?
What are the benefits of quick response inventory planning?
Part 6 (150 wd)
Why is it sometimes difficult for a retailer to convey its image to consumers? Give an example of a specialty store retailer with a fuzzy image.
What aspects of the store’s exterior are controllable by the retailer? Which are uncontrollable?
What are meant by selling, merchandise, personnel, and customer space?
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