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Category Archives: Part 5: Managing a Retail Business
TJX: A Master of Off-Price Retailing
TJX Companies Inc. considers itself “a global, off-price, value retailer.” Its divisions include T.J. Maxx, Marshalls, HomeGoods, and Sierra Trading Post in the United States; Winners, HomeSense, and Marshalls in Canada; and T.K. Maxx in the United Kingdom, Ireland, Germany, … Continue reading
Posted in Global Retailing, Online Retailing, 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 customer expectations, customer loyalty, experiential retailing, global retailing, Homegoods, HomeSense, Marshalls, merchandising, planning, Sierra Trading Post, strategy, success, T.J. Maxx, T.K. Maxx, TJX, trends, Winners
2 Comments
IBM’s 2014 Online Retail Holiday Readiness Report
As online and multichannel retailers intensify their already-underway preparations for the 2014 holiday shopping season, they should take a look at a new report from IBM. According to the IBM report: “A prosperous 2014 holiday season appears to be in … Continue reading
Posted in Part 1: Overview/Planning, 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, Part 8: Putting It All Together
Tagged competition, customer expectations, holiday 2014, IBM, information, inventory management, merchandising, multichannel, online shopping, opportunity, planning, retail analytics, tips, trends
1 Comment
Self-Branding for Personal and Career Success
Recently, I did a full-length radio interview with Dr. Suzanne Phillips for her CoSozo Psych Up Show on the topic of self-branding for personal and career success. In this interview, the discussion goes far beyond the concept of self-branding for … Continue reading
