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Category Archives: Part 3: Targeting Customers and Gathering Information
Customer Fraud Comes in Many Forms: “Wardrobing” Is One of Them
Retailers are well aware that shoplifting and employee theft cost them billions of dollars a year in lost revenues just in the United States and well over $125 billion worldwide. But, the phenomenon of excessive customer returns seems to be … Continue reading
Posted in Part 3: Targeting Customers and Gathering Information, Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer
Tagged bad behavior, Bloomingdale's, ethics, fraud, merchandising, REI, shopping, theft, trends, wardrobing
4 Comments
McDonald’s: Healthier Menu Still a Work in Progress
Despite its addition of fruit in children’s meals and other attempts at offering a healthier menu, McDonald’s receives a regular barrage of criticism from consumer and parent groups. It is, after all, still a fast-food chain — and the most … Continue reading
Posted in Part 1: Overview/Planning, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 3: Targeting Customers and Gathering Information, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer, Part 8: Putting It All Together, Video Clips (non-career)
Tagged Alliance for a Healthier Generation, American Heart Association, CBS MoneyWatch, competition, customer expectations, global, healthy, McDona, merchandising, opportunity, promotion, trends, trust
3 Comments
Abusive Behavior by Customers: The Downside of a Liberal Return Policy
We know that shoppers have high expectations with regard to company return policies. They want the returns to be easy and convenient, the terms of the returns to be liberal, and refunds/exchanges to be quick. Return policies often come up … Continue reading
Posted in Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 3: Targeting Customers and Gathering Information, Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer
Tagged abusive, bad behavior, CBS MoneyWatch, complaints, customer expectations, customer service, ethics, merchandising, promotion, REI, return policy, trust
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