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Tag Archives: inventory management
Multi-Channel Trends
As we have frequently blogged (see this post, for example), multi-channel retailing is the wave of today and tomorrow. The retailers that succeed in the long run will be those that do the best job in this area. Recently, Platt … Continue reading
Posted in Online Retailing, Part 1: Overview/Planning, Part 4: Store Location Planning, Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer, Part 8: Putting It All Together, Technology in Retailing
Tagged competition, customer expectations, customer service, experiential retailing, inventory management, location, merchandising, multi-channel, multichannel, omni channel, Platt Retail Institute, shopping, strategy, technology, trends
1 Comment
Key Loss Prevention Trends
Loss prevention is very important for retailers (see this prior post, for example). In an interview with the National Retail Federation, Rosamaria Sostilio — Senior Vice-President of Asset Protection for Saks Incorporated identified six loss prevention trends for 2013: The increased … Continue reading
Posted in Career Useful Information, Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing
Tagged bad behavior, inventory management, inventory shrinkage, loss prevention, merchandising, National Retail Federation, NRF, planning, Rosamaria Sostilio, Saks, theft, tips, trends
3 Comments
Even for Wal-Mart, Cost Cutting Has Its Limits
Wal-Mart, the world’s largest retailer prides itself on its cost efficiencies and the resulting low prices. Hence it’s slogan: “Save money. Live better.” Its aim is to always be the lost-cost, low-price leader. But, even for Wal-Mart, costs can sometimes … Continue reading
Posted in Part 1: Overview/Planning, Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer
Tagged business model, customer expectations, customer service, employee, inventory management, merchandising, retail analytics, shopping, staffing, Wal-Mart
1 Comment
