Category Archives: Part 4: Store Location Planning

This sub-category encompasses trading-area analysis and site selection.

Macy’s Keeps Striving to be Seamless

As Macy’s expands its online presence, the company is also enhancing its ability to ship directly from stores to consumers so that the shopping experience is “seamless.” According to Erin Lynch, reporting for MultiChannelMerchant.com: “In what Macy’s is calling a continual effort … Continue reading

Posted in Part 1: Overview/Planning, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 3: Targeting Customers and Gathering Information, Part 4: Store Location Planning, Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer, Part 8: Putting It All Together | Tagged , , , , , , , , , , , , , , , | Leave a comment

The Importance of Small Business in Retailing

As we know, there are millions of small retailers around the world — and they are a key component of their economies. Take a look at some of the characteristics of small businesses in the United States.   Courtesy of: … Continue reading

Posted in Part 1: Overview/Planning, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 4: Store Location Planning, Part 5: Managing a Retail Business | Tagged , , , , , | Leave a comment

Fastest-Growing U.S. Franchisors

Each year, Entrepreneur magazine ranks more than 100 of the fastest-growing U.S. franchise companies. Here are the top 10 for 2013: Subway — submarine sandwiches & salads; startup costs:  $85,200 – $260,350 Jan-Pro Franchising Int’l. — commercial cleaning; startup costs: $3,150 – $50,410 7-Eleven … Continue reading

Posted in Part 1: Overview/Planning, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 4: Store Location Planning, Part 5: Managing a Retail Business | Tagged , , , , , , | 2 Comments