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Category Archives: Part 5: Managing a Retail Business
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
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 customer expectations, global, merchandising, multichannel, mySupermarket, online shopping, price, pricing, promotion, saving, technology, trends
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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.
