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.

Grocery Sales in 2017

What’s ahead for the grocery industry? As reported by Facts, Figures & the Future, a recent study by Willard Bishop consultancy uncovered some interesting findings: “By 2017, traditional grocery stores will lose another 1.6 percentage points of dollar-spend market share to 44.9%—down from … 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 | Tagged , , , , , | 1 Comment

Will mySupermarket Make It in the USA?

mySupermarket has become a popular tool for price-conscious British shoppers. Now, it is coming to the United States. As reported by JWT:  “With consumers in many markets anxious about the cost of everyday goods and exceedingly price-sensitive, shoppers are ever … Continue reading

Posted in Global Retailing, Online Retailing, 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 , , , , , , , , , , , | Leave a comment

Retail Finance Quiz: How Would You Do?

Check out these two financial management quizzes from the Retail Owners Institute. Test yourself. 🙂 : The ROI’s Quick Quiz for Retailers: The Income Statement The ROI’s Quick Quiz for Retailers: The Balance Sheet Just click here.  

Posted in Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing | Tagged , , , , , , | 3 Comments