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Category Archives: Part 5: Managing a Retail Business
Private Label: A World of Difference
During the recent recession, the sales of private-label products rose dramatically, due to more consumers shopping for lower-priced merchandise. Private-label sales are expected to remain strong in the future as retailers have also introduced “premium” private brands and otherwise expanded … Continue reading
Posted in Global Retailing, 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 customer expectations, global retailing, inventory management, merchandising, Nielsen, opportunity, planning, private brand, private label, promotion, trends
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Mobile RFID: Not Just for Online Retailers
It is more important than ever that store-based retailers understand how mobile devices can be used to drive business for their stores — and to plan and act accordingly. As Lorna Pappas reports for Retail TouchPoints: “Brick-and-mortar shopping looks more … Continue reading
Posted in Online Retailing, 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, Technology in Retailing
Tagged customer expectations, customer loyalty, customer service, experiential retailing, mobile, multichannel, opportunity, planning, RFID, store, technology
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A Holiday 2013 Forecast as an Infographic
Here’s an interesting holiday 2013 shopping forecast from Baynote.
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
Tagged Baynote, competition, customer expectations, forecast, holiday 2013, infographic, information, merchandising, opportunity, planning, segmentation, shopping, trends
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