Free Essays on Retailing to Get Inspired & Learn by Example

1. Independent retailing is at risk of wiped out. Due to the flexibility in startup, there is a challenge of competition some given areas for certain kinds of customers. Input in various sectors is relatively lower since it is solely on one owner as compared to chain retailers. Bargaining power is low to suppliers as they consider chain retailers whose purchases are higher than independent retailers thus a greater discouragement to independent retailers. Decision-making may not be effective as it is reliant on a single proprietor leading to unfavorable competition in the field thus a risk of disappearance of Continue reading...

The collection of six scarves will be designed by Kenzo and produced by Mantero. The reason why Kenzo was chosen for this special collection of scarves was because of its contemporary vision for younger consumers; most of its designs feature a combination of bright colors with modern designs, and its well-established brand name. Kenzo is originally a Japanese brand. This makes the collaboration with African consumer segments more appealing. The build of the scarves are high quality; the prices are also reasonably set at only around 10-20% higher more then the usual ones. From a price standpoint alone, this Continue reading...

Introduction

This project involved the designing of scarves for the Nigerian people living in London. Nigeria is the MINT country that was chosen, and this was a result of careful considerations. Factors such as the attachment to tradition and patriotism were taken into account in selecting Nigeria as the MINT country. Besides having patriotic people, Nigeria has a beautiful nature whereby there are several birds. This is an inspiration to designing scarves that have got some aspects of the country's tradition. The Brand that was chosen to be the label of the products was Kenzo. The stem from which this Continue reading...

Business Plan

4. Executive summary
Online markets are now catering huge shopping target market via employing technological innovative techniques. Forecasted Global growth for retail online clothing business is 4.2. BE trendy, an online business entity is proposed in the document with a vision to create value for the international market via delivering at par expected services.
Sole proprietorship business entity idea is developed by considering the simplicity and ease of legalities of the decided form of business. Business is aimed to operate online clothing and accessories retail store to cater international markets. The core product of the company will be reputed Continue reading...

Introduction to Strategy and its Role

Strategy is the approach developed by an organization to achieve its set objectives and goals (David and Michael 1, 2011). All organizations have targets, and they, therefore, develop a workable methodology of achieving the set goals. Companies must ensure that they incorporate all required measures, and consider external market forces that greatly affect the performance of an organization. Through strategies, organizations achieve their dreams and develop amazing success stories set as models for other companies. An organizational strategy compares to that of the military, where the company must ensure that it performs better that its rivals for survival (Hoopes Continue reading...

Introduction

In this essay paper an evaluation of the menu management techniques at Riverford Field Kitchen Restaurant has been done. A number of important factors have been taken under consideration to explore the strategies of Riverford Field Kitchen Restaurant related to its functional overview, menu pricing strategies, management of contribution margins to generate more revenue and profit for the restaurant company. Besides the management and measures which have been implemented in cost control by Riverford Field Kitchen Restaurant have been discussed in this paper to identify how it affects the profitability of Riverford Field Kitchen Restaurant. Eventually the specific merchandising Continue reading...

Retailing concept

In the Retailing concept products and services are sold directly to the final consumer for their individual non-business use. It seeks to explain how businesses start on a low scale, develop until they become large-scale activities. Retailing refers to activities and steps applied to sell a product or service to end consumer for their personal use. The individual demands of the user should be well matched with supplies of all manufacturers. Some of the activities performed under retailing predicting customer's wants, sorting products, financing and acquiring market information. Even a manufacturer can retail by selling directly to customers.

Value chain elements

Home Continue reading...

In the 2012 CBMC documentary “The Costco Craze: Inside The Warehouse Giant” journalist Carl Quintanilla discusses the unconventional business practices that distinguish Costco’s success, and makes Costco a leading retailer in not just sales, but also in their unique method of retailing and managing service. What I learned from watching this show was very intriguing, and surprising. Collectively Quintanilla calls these unconventional practices, and the success they have caused, “The Costco Effect.” I call it AMAZING. The impact of “The Costco Effect” is what makes Costco a leader in service; despite the strange path they take to get Continue reading...

The Euro Area is now at a critical point of its existence, due to the conjecture of two factors. Firstly, the sovereign debt crisis of 2011 endangered Euro countries as it exacerbated the structural weaknesses and debt levels of peripheral countries such as Greece, Spain, Portugal and Italy (also referred to as PIGS in the academic literature). Secondly, the central banks worldwide have been entering into an area of “free money” by lowering interest rates to levels not seen before, and by launching quantitative easing programs (referred to as QE). The uncertainty comes from the fact that these policies Continue reading...

Introduction

Retail stores are capable of creating high level of product relevancy with the customer experience . Walmart is a chain of giant stores that has brought almost every consumer good under one single roof in order to facilitate its customers in an effective manner . The customers at Walmart can purchase their day to day grocery to hardware equipment and tools. They can purchase vegetables and fruits as well as meat and fishes.
The large stores of Walmart attract a large number of customers with almost any need of a product . The company has always setup its stores in a large Continue reading...