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.

For Small Businesses: Payment Processing Must Be Easier

For large retailers, handling multiple credit/debit card brands is pretty systematic due to their own sophisticated computer systems and the support from the major card issuers. The tasks are not as simple for small retailers. As reported by PYMENTS.com: “Running a … 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

Why Don’t Some Store-Based Retailers Get It?

Target had a lot of problems a couple of years ago, with hackers get into the accounts of millions of shoppers. It received a lot of negative press; and for a while, Target was distrusted by some of its customers. … 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 | Tagged , , , , , , , , | 2 Comments

Part Three. Words of Wisdom to Be Happier

To round out our three-part series on being happier, we offer the wisdom of Poet Ralph Waldo Emerson, Nobel Peace Prize Winner Nelson Mandela, Holocaust Victim Anne Frank, and Former U.S. First Lady Eleanor Roosevelt. The wisdom expressed below is … Continue reading

Posted in Part 5: Managing a Retail Business, Social Media and Retailing | Tagged , , , , , , , , , , , , , , , | 1 Comment