Category Archives: Part 5: Managing a Retail Business

This sub-category encompasses retail organizational structures, human resource management, financial operations management, and operational operations management.

Recognize Declining Retailers: Three Stages

Posted on January 15, 2018 by bermanevansretail

As we read regularly, many retailers are having tough times. Today, we study how to recognize declining retailers: three stages of decline. Previously, we discussed other types of failure. For example, see Reasons Why Many Startups Fail and Why Don’t Some Store-Based Retailers Get It? … Continue reading →

Posted in Part 1: Overview/Planning, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 5: Managing a Retail Business, Part 8: Putting It All Together | Tagged , , , , | 2 Comments

Cash Used to Be King — Now?

Posted on January 3, 2018 by bermanevansretail

Cash used to be king — now? As reported by the Federal Reserve Bank of San Francisco (FRBSF), in 2012, cash represented 40 percent of U.S. consumer spending. By 2016, this figure had fallen to 31 percent. Furthermore: “Most consumer … Continue reading →

Posted in Part 3: Targeting Customers and Gathering Information, Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing | Tagged , , , , | Leave a comment

Optimizing Employer-Employee Relationships

Posted on December 20, 2017 by bermanevansretail

As we realize, well-treated people are better employees. And these people are better motivated. And they achieve more productivity. In addition, they are more customer-friendly. For today’s post we study optimizing employer-employee relationships to motivate. In the next section, we … Continue reading →

Posted in Career Useful Information, Part 5: Managing a Retail Business | Tagged , , , , | Leave a comment