Tag Archives: costs

Retail Data by World Region

Retailing performance varies greatly around the world. Let’s take a look at some highlights by region: most  expensive retail location, most  affordable retail location, strongest retail growth, biggest retail decline, and proportion of retail growth. The following charts were developed by … Continue reading

Posted in Global Retailing, Part 4: Store Location Planning, Part 5: Managing a Retail Business | Tagged , , , | 1 Comment

Wal-Mart Again Presses Its Suppliers

As by far the world’s largest retailer, Wal-Mart is a key reseller for many suppliers around the globe. However, many potential suppliers have a tough time meeting Wal-Mart’s requirements and the reduced profit margins requested of the suppliers. The retailer … Continue reading

Posted in Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing | Tagged , , , , , , , | 1 Comment

Starting an Online Company: A Global Cost Comparison

Thinking about starting an online business? If yes, then costs certainly come into consideration. Before a retail business can be launched online, it typically requires overhead and Web development expenditures. Recently, Staff.com (“a global employment site that connects companies with talented … Continue reading

Posted in Global Retailing, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 4: Store Location Planning, Part 5: Managing a Retail Business | Tagged , , , , , , | 1 Comment

Retailers and the Minimum Wage

There has been a lot of discussion and debate recently about the impact of a raise in the federal minimum wage (to perhaps as much as $10.10 per hour, compared to the current $7.25) on retailers — both large and … Continue reading

Posted in Careers in Retailing, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 5: Managing a Retail Business | Tagged , , , , , | 3 Comments

Why Is Airline Pricing SOOOO Different?

As we know, in recent years, the airlines have made an already complicated pricing system even more complex. Their pricing model is quite different from other retailers. Consider this observation from an article by Scott McCartney for the Wall Street Journal: … 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, Video Clips (non-career) | Tagged , , , , , , , , , , | Leave a comment

Restaurant Logistics: Striving to Serve the Perfect Meal

Restaurant logistics are a key to these retailers’ success. Poor logistics means ingredient shortages, stale food, higher costs, and more. So, restaurants really need to get their logistics and supply chain management right.  As Joseph O’Reilly reports for Inbound Logistics: “In many … Continue reading

Posted in Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing, Part 8: Putting It All Together, Technology in Retailing | Tagged , , , , , , , , , , | Leave a comment

What’s Wrong with the U.S. Supermarket Business?

The supermarket industry continues to face tough competition. As reported in the Wall Street Journal: “Squeezed by Wal-Mart, high operating costs, and thin margins, traditional supermarket chains are struggling to compete for consumers dollars. The latest casualty: Supervalu shares plunged … Continue reading

Posted in Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 8: Putting It All Together, Video Clips (non-career) | Tagged , , , | Leave a comment