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Monthly Archives: October 2012
Best Buy Digs Deeper into Price Discounting
As we’ve reported before, Best Buy is in a battle for its future. As such, the chain’s decision to be more aggressive with its holiday price-matching strategy is a tricky maneuver — and it will be tough on profit margins since … Continue reading
Posted in Online Retailing, Part 3: Targeting Customers and Gathering Information, Part 5: Managing a Retail Business, Part 7: Communicating with the Customer
Tagged Amazon, Best Buy, customer expectations, financial performance, online shopping, opportunity, price matching, pricing, promotion, showrooming, trends
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Home Depot Learns the Hard Way: Chinese Not Do-It-Yourselfers
For decades, Atlanta-based Home Depot has focused on do-it-yourselfers (DIYers) — customers who buy products and then install them or set them up themselves. But in China, Home Depot has found that customers are not that interested in being DYIers. So, … Continue reading
Posted in Global Retailing, Part 1: Overview/Planning, Part 3: Targeting Customers and Gathering Information, Part 4: Store Location Planning, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer
Tagged China, failure, financial performance, global retailing, Home Depot, location, retail analytics, segmentation, shoppers
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McDonald’s In-Store Teamwork
McDonald’s prides itself on the customer service experience provided to its patrons. Take a look at this video clip.
Posted in Part 5: Managing a Retail Business, Part 7: Communicating with the Customer, Social Media and Retailing, Video Clips (non-career)
Tagged customer expectations, customer loyalty, customer service, employee training, experiential retailing, McDonald's, promotion, success, teamwork, video
5 Comments
