Essays on Store

INTRODUCTION

Children clothing is a profitable business across the UK. This business has observed an increase in volume sales, as market has grown around 7.7% in last two years (Cuthbertson, 2012). The basic reasons for the industry boom for children’s wear were better availability and lower prices of the apparels. Large retailers have seen to be much dominating this category, and these retailers have forced this industry to become much competitive in nature.
Managing the retail store is an art and the management needs to consider different aspects (Gilbert, 1999). Retail stores provide better and more effective touch points. Continue reading...

- Introduction
Customers are increasingly becoming sophisticated in terms of their demand for businesses’ products and services. In addition, not only is the modern day customer concerned about the basic nature of a service or a product but also goes beyond to look for more convenience and added-value for their money. In that respect, businesses find themselves today in a need to address various factors in order to develop themselves as brands of choice and retail stores have not been left be hide. Therefore there has been a growing need for retail stores to address diverse factors even beyond Continue reading...

Introduction3

Suggestion and Justification of the Retail Sector3
Specific Recommendations.....6

Recommendations relating to the Merchandise range for the New Chain.8

Initial Recommendations Relating to the Location Strategy for the New Store10
Demonstration of Employability Skills..10
Conclusion10

References.12

Introduction
This report examines the establishment of a new retail store. The issues presented in this report are going to be presented in Piranha Pit show. This is a show that is going to be launched in order to help potential entrepreneurs to achieve their dreams. In order to show an understanding of the marketing concept involved, it is important to point out some issues relating to marketing. It is very important to show Continue reading...

Business Name: Buster’s

P.O. Box 00011

Telephone: (555) 555 112

Fax: (555) 626 636
Introduction and brief description of the venture
This business plan describes a proposed venture to expand Buster’s from a one-store to a two-store operation. Starting a business is not simple and opening a new branch of an already existing is equally not easy. The intention of this business plan is to evaluate the current business operations of Buster’s and then map out proper plans for expansion while matching the operations of the current store with those of the new store.
One of Buster’s main goals is to raise the Continue reading...

Introduction

Wal-Mart is one of the biggest chains of retail stores in the world today. Wal-Mart was selected for the purpose of this project and to complete the assignment the Milwaukee Wal-Mart Store #3496 situated in the Hope Avenue area was surveyed. The store manager on duty at that time was requested to give us a tour of the facility. Wal-Mart was chosen as the subject for this assignment because they have one of the most comprehensive and well laid out stores in the world.
The operations of Wal-Mart are spread across every country and they have set up stores Continue reading...

PROJECT MANAGEMENT PLAN

Version 1.0

VERSION HISTORY
The development and distribution of this project management plan will be controlled and tracked using the table below. The table below will provide information regarding any revisions made on the original project plan. Information such as name of the person that authorized the revision, date of revision, the person authorizing the revision, reason for changes and date the revision was approved. The importance of tracking the revisions on this project management plan is to ensure that all the personnel involved in the process of the project development are aware of the changes made during the Continue reading...

Introduction

Topshop claims a stake as one of the top retail brands in the field of fashion. The brand is based in the United Kingdom, and it is an Arcadia Group’s central brand. Topshop started off from humble beginnings in 1964 and has grown to be a trendsetter across the world (Topshop USA Website). Internalization of Topshop store’s business was prompted by the need to explore new markets. However, such a kind of expansion poses problems for the brand since the company has to embrace various cultures and still uphold a congruous brand image. On the other hand, Continue reading...

Business and Organisation

Organization.
Apple store is a chain of retail stores supplying computers and electronics under the apple computer, Inc. it has connection worldwide approximately 13 countries with 417 stores.

Introduction.

Firstly, the external factors, which shall be analysed using the PESTEL model, are long-term problems that entail variables that keep on changing with time. According to the contingency approach, the organization should be flexible to cope up with any change or situation. The variable affect the organizational structure; the apple store should conform to the changes and consider how the organizational structure is affected. The main variables affecting the organization are Continue reading...

INTRODUCTION

This research is aimed to provide comprehensive analysis of the retail sector in which the business aims to enter. To gain Piranhas’ attention so that the business could be provided with investment, a brief justification of the retail sector is provided for investors to have an idea regarding the market. For this purpose the retail outlet will be opened in the fashion retail segment in UK and the name of the outlet will be ‘Fashion for you’.
Fashion retail market has been showing tremendous increase in the profits and growth over the years. Owing to the increase demand of Continue reading...

Dick’s Sporting Goods is a well-established department for sporting goods with more than 5oo stores across the country. I paid a visit to one of the stores owned by the renowned retailer and I was impressed by what the store offers its customers. The store is Denver, within the Park Meadows mall. In Saudi Arabia, such stores do not exist in many places. In fact, most of them are in large cities and towns spread in various parts of the region. It is not easy to locate them, and they are not as large as the Dick’s Continue reading...

Introduction

Elasticity of demand is a measure of responsiveness of the quantity demanded of a good or service to a price change of the said good or service. This responsiveness is usually influenced by several factors, including the availability and price of substitute goods, the price of complimentary goods and nature of the good, the percentage of consumer income used to purchase the goods or services, the necessity of the good and brand loyalty. Following the inverse relationship between price and demand as stipulated by the law of demand, the elasticity of demand is usually negative, and it is only Continue reading...

Executive Summary

Pet Store will enhance the quality of life of the pets by offering them the food and care services of heath, which are best in the business. All the care plans will be custom made, according to the requirements and needs of the clients. Our home care aides, and companions are trained to provide pets care and assistance with the activities of daily living.
The prime attraction of our service is that we will be reaching out to pet owners, facilitating our customers at the outdoor parts in Aberdeen where pet-owners need us the most; thus adding value to Continue reading...

Shuzworld is considering the possibility of opening a new store. They have the option of building a new stand-alone store, opening a store in a strip
mall, or not building one at all. Shuzworld needs to decide if they should purchase market research.

Decision tree for Shuzworld’s is constructed regarding the possibility of opening a new store. In the case study, the stand-alone store would see good profits of $700,000 as long as there’s a favorable market and the opposite end in losses would show $400,000 in case the market was unfavorable. The strip mall Continue reading...

Justification

In this region, passion for various sporting assortment has been marked by an increasing demand. With the recent research showing that retired aged people are prone to various complication due to inadequate sporting activities, the need for sporting has continually increased triggering an upsurge in the sporting gear. Moreover, there are those customers that can hardly be able to purchase a new sporting cloth from the sport stores hence this outlet provides them with an opportunity to enjoy sporting activities while ensuring that they can afford cheap and as good as new sporting garments. With this sharing need, Continue reading...

BottleRocket Wine and Spirits Student’s NameProfessor’s Name

The importance of quality of services provided by sales personnel is decisive for any retail business. In fact, it is sales representative who makes the initial contact with customers, guides them throughout their visit to the store and hands them the selected product on their leave. Companies rely heavily on their sales people in terms of the creation and maintenance of positive corporate image. Whether a shop assistant is too pushy, pretentious, ignorant or non-caring, the impression made will linger in customers’ minds even for a longer time than if the customer service provided is flawless. According to the Continue reading...

The Dollar Store is a retail store that is located at Oregon which provides merchandise at prices which the customer can bargain. The source of income for this retail store is from the owners of the store, Brinkman T and Spencer J, (Dollar Store, 2013). This store will be listed under LLC Corporation, enabling the business owner to be protected from being taxed twice and even accrue liabilities personally. In addition to this, the investors will be seen as shareholders, thus making them responsible only for their personal investments. The store has also come up with a powerful marketing Continue reading...

When starting a business, financing is a significant decision. The types of financing available will largely depend upon of where the company falls in store life cycle. In developing the financial plan for Great Value Thrift Store, the entrepreneurs will be required to start at ground zero in order to develop their concepts into realities (Anonymous, 2010).  The goal is to get the store open any way possible and it requires creativity and persistence. It is vital to be open to alternative sources such as angels, customers, family and friends to assist finance the store (Copeland, 2006). Traditional resources Continue reading...

Executive Summary

House of Tea is a hypothetical business that provides food and drinks by way of a small two-story storefront branch. Their products consist of tea, coffee, snacks, and light meals, but they specialize in milk tea products. Their store is located in front of an elite university, the students of which mostly comprise of people from the middle to the higher class. House of Tea has only been open for a year but, recently it is already experiencing some difficulties with regard to its business. During its first five months, business was doing great. Their sales were more than Continue reading...

Executive Summary

Wal-Mart has announced its plans to seek approval from the planning commission of Pullman to build a new store. Wal-Mart has maintained that they strive to establish a Store of the Community, with the intention of ensuring that the entire project benefits the local community by creating more than 400 new jobs, creating new tax revenue and acting as a catalyst for economic development. Despite these benefits to the local community, owners of small businesses nearby, and town residents and residents in nearby towns have expressed their discontent by Wal-Mart opening a new store in Pullman. The aim of Continue reading...

An Analysis of Software Developers and Managers

Apple and Google are two of the biggest corporations around world. Google was established by two Larry Page and Sergey Brine, who studied at Stanford University. They established Google Company in 1998. The company has invested a lot of money to expand its services in an attempt to spread out its identity image worldwide. It started with its remarkable search engine, Google which transformed how search for information on the internet. The company relies heavily on its website to provide most of its revenue.
Google recently entered the mobile software industry through its Android system. The system gave the Continue reading...

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Introduction

The Grande General Store is the place at Spruce Grove, Alberta. The family has decided to sell out the business in a suitable price and then spend most of the time with family and children. The main purpose is now to select a suitable buyer who will buy the business and continue it, and another is the selling price for the business. While selling the business certain steps will followed, including following :
- Proper planning: In this step, the seller will do proper planning to target the buyer. It is important to aware of Continue reading...

Visual communication4

Automated check-in machine..4

Product display .5

Signs .6
Sitting places 7
Store planning .8
Entrance and exit 8
Services desk 8
Shipping and receiving merchandise ..9

Storage of merchandise 9

Storage space 10
Store design ...10
Employee break room ...10

Dressing room 10

Space allocation 11
Layout and circulation ..11
Merchandise ..11

Presentation 11

Conclusion .12
Reference ..13
Introduction
Walgreen Company is one of the largest retail and drugstore in the United States. The company operates more than 8,217 stores in the 50 states. It was found in 1901 in Chicago where the headquarters is located. The company provides consumable products to the customers together with the pharmacy, health and Continue reading...

24 Hour Convenience for You (Business Plan)
- Company Description
24 Hour Convenience for You is a convenience store located near a block of newly developed gated community residential area that is designed mainly for young urban professionals with young families. Near it there are also offices for various companies and there is also a sub way station next to the offices.
This is a startup venture which is co-owned by a couple Mary and Patrick Adamson, Mary was a manager a large department store who brings into the venture a wealth of planning and managerial skills while Patrick Continue reading...

Tesco Plc was started in 1919 by John Cohen as a group of market stalls; the name Tesco never appeared on a store until a decade later. Ten years after this first Tesco store was opened, the company had about 100 stores across the United Kingdom. The retailer is ranked third worldwide after Wal Mart and Carrefour in terms of sales. However, in terms of profit generation the company comes in second after Wal Mart among retailers around the world. Tesco has opened stores in approximately 15 countries in Europe, Asia and North America. In the United Kingdom, the company remains the market leader having an estimated 30% market share which is almost double that of its closest rival ASDA. A number of factors have been attributed to Tesco’s success; its flow and layout of operations, its supply chain, service culture, and diversity. Many people do understand how all factors except the flow and layout of operations affect the company’s success. In deed to a person not concerned with marketing and operations management, it would be easy to miss out on the strategic layout that Tesco adapts in several of its stores both in the United Kingdom and globally. Before starting the analysis on Tesco’s layout, it is important first understand the general flow of operations in the company. Below is a flow chart showing how the companies operations relate to each other: Continue reading...

In “Mood States of Shoppers and Store Image: Promising Interactions and Possible Behavioral Effects,” Sherman and Smith (1987) evaluate the concept of consumer mood and how it pertains to their behavior in shopping. They used Mehrabian’s mood scale in order to measure the moods of the sample consumers in their study, as well as how they perceived the image of the store in order to see how it affected shopping behavior. The aim of this study was to provide market researchers with information on how to improve store image and consumer mood in a way that would increase Continue reading...

Introduction

Strategic planning is an indispensible construct in facilitating growth and development of any business. Economists assert that strategic planning is not an option, but rather a necessity in the business arena, but more importantly to those businesses, which are entering in the market and venturing in a new line of production. In other words, the type of strategic planning that a business adopts determines and influences the competitive advantage, market niche and success of that particular business. However, it is imperative for the business to establish a strategic plan that is premised and reflects its core values, mission, vision Continue reading...

Introduction

There is a tight competition between Apple App store and Google play since they are the major market player. App store is a kind of digital distribution platform for software (application software) which is many times offered as a constituent of an operating system on any PC( personal computer) tablets or smart phones. Application stores are characteristically similar to online store, where customers or clients can browse through various categories and types of applications. The customers or users have the ability to access information and reviews of such information and decide whether to buy it or not. If they Continue reading...

Introduction

It is acknowledgeable that there are diverse factors that are currently taken to consideration in marketing strategies. This is in relation to how various business offer diverse services that are essential in guaranteeing competitive advantage. It is evident that there are diverse strategies that different businesses have developed to ensure that they have a competitive advantage over other business that are in the same business. It is due to this reason that they is a need to establish the relevant changes that need be analyzed based on the performance of a business over other business. Based on this reason, Continue reading...

Introduction

The building to be assessed in this paper is the Menards hardware store located at 3210 North Clairemont Avenue, Eau Claire, Wisconsin. The store belongs to the Menards hardware chain stores. It stocks essential hardware supplies such as nails, gardening tools, light fixtures, furniture as well as groceries. The primary users of this building are shoppers and employees.

Risk Analysis

The likely perpetrators of violence at this site are domestic and international terrorists and individuals. The terrorists are likely to use explosives while individuals are likely to use guns such as shot guns or automatic rifles. The target victims are likely Continue reading...

A convenience store is located around 1 kilometer from my residence, it has large enough space for a parking as well as it can accomodate around 40 customers at a point of time. The convenience store is definitely facing competition from departmental stores which are similar to a cash and carry. Departmental stores also provide various other facilities due to which the sales and popularity of a convenience store decreases. The store provides various products consisting of food and grocery. It also provides all the products which cater to basic necessity goods. The store is well organized and the Continue reading...

Executive Summary 2

Introduction 2
1.) Research and Data Analysis 3
2.) Information Technology 5
3.) Customer Relationship Management 9
4.) Financial Analysis and Accounting 13
5.) Marketing in Addition to PPC 15

Executive Summary

The report aims to assess the technologies in business necessary in building an online store. There are several options that a starting entrepreneur can choose from, but the approaches used and technologies applied in the process makes the difference in assuming success. The business objective is to create an online store website and a retail store that will carry designer headphones. The main sales channel would be the online Continue reading...

In my free time, I visited Nordstrom retail store located in Seattle, Washington, in the United States of America. The following is the summary of the findings from the store.

Summary of Findings

Positioning Statement
The positioning statement of the retail outlet is “Free Shipping. Free Returns. All the Time.” I believe this to be the case because of a number of reasons. Firstly, the retail outlet has a strong online presence. Customers can purchase items from its website and pay using credit cards and other forms of online payments. In order to tap onto this market, the company ships items bought Continue reading...

1a) Slack, Chambers, & Johnston describe five performance objectives, or factors to be considered, for job design (2007). The first of these is quality, as the ability of employees to provide high quality goods and services is impacted by job design. Certainly providing high quality grocery goods and services is important to this business. Extremely high quality can provide real differentiation for a business (Brittin, 2013). The second objective is speed. There are jobs where speed is imperative, such as emergency personnel. Although less important than in medical emergencies, speed is a factor in the grocery business, if just to Continue reading...

The biggest challenge for any company and its management in current scenario is to keep the employees motivated and task oriented and for that, it is required to effectively design the compensation plan and pay the employees effectively. The compensation structure for Kudler can be designed by using two approaches that is job-based approach and person-based approach.

Job-Based Approach:

In job-based approach, the compensation is based on the job performed by an employee. It does not consider the skills or competency that the employee is having. The employee gets evaluated on the tasks, he has completed and value he brought for Continue reading...

Declaration
This is to certify that the dissertation entitled “Gaining Strategic Advantage through Customer Value”, presented by me to the University of South Africa for the award of the degree of Master of Business Leadership is a bona fide record of research work which was carried out by me under the supervision of Dr Sidney Shipham. The contents of this dissertation in full or in parts have never been submitted to any other Institution of higher learning for the award of Continue reading...

Walmart implemented the following marketing strategies to achieve success in its discount retail business:

Product Assortment Activities
Hard goods, consumables and soft goods accounted for 60% of the Walmart’s revenues. Walmart stocked a mixture of nationally branded and private label products. Walmart actively managed the product assortment at a store on the basis of sales data, and qualitative criteria such as exclusivity, impulse purchasing and ease of a store display. The activity was supplemented by introducing volume producing item activities where the top managers searched and displayed high revenue producing items.
For effective customization or tailoring the product assortment to meet the demographic needs and to connect with the local customers, Walmart Continue reading...

I. Current Economic Picture

In 2008 and early 2009, the U.S economy fell into a huge recession that was merged with an acute financial crisis. The Consequence was a decline in employment in the period, and a rapid increase in jobless rates. The recession ended in June 2009 and from then on there was an economic growth through 2010—six quarters. During the fourth quarter of 2010, the GDP (Gross Domestic Product) had redeemed the economic advancement lost during the recession.

However, the recovery has not been uniform. In compairong the fourth quarter 2010 Continue reading...

Marketing Strategy Implementation- Part I

There are a lot of ways of establishing strategic partnerships for the departmental store chain. Some of the most important strategic partnerships are discussed further. Making a local partner is more beneficial for the departmental store. It is due to the fact that the local retailer is already well aware from the nature of the market. Moreover, the strategic partnership can be developing for the sake of promotion. The expansion program of the departmental store in the west coast is on the basis of keeping high price ranged products. The people residing nearby west coast expected to be the Continue reading...

Introduction In recent times, businesses have become global, hence necessitating an effective supply and logistics management system. This is an inevitable platform in trade that encompasses different aspects which leads to a successful global business. An effective logistics management system helps Wal-Mart stores to effectively distribute goods to different locations.
Logistics management is the process of planning, organizing and controlling the logistics system (Ghiani et al., 2013), encompassing aspects in personnel, planning and organization of the whole system for timely and orderly distribution of goods. The business mainly utilizes elements in forecasting as a means of estimating the capacity Continue reading...

Executive Summary

Wal-Mart is one of the epitomes of success throughout the world. It is a billion dollar franchise that has become a mainstay in the day to day activities of people throughout the United States. The success started by Sam Walton has transformed into different ways in which stores are able to provide various products under one roof at affordable prices. However, this feat would not be possible without a few management systems that are needed to help continue operations efficient. This purpose of management information systems are to help with the focus of knowledge and technology systems that are Continue reading...