Retail Stores
“Delivering Value: Retailing, Wholesaling, & Logistics”
Renata Pinheiro Fonseca
Professor: Dr. Shawn Richmond
Washington Baptist University
Date: 11/23/2014
BUS 505
Retail Stores
Retailing refers to the act of selling goods or services for nonbusiness use, personal only. They are very popular for selling famous brands for reasonable prices, being very specific in what kind of line of products are going to be used for sale or including varieties of things to their stock, ranging from clothing to electronics. There are many types of retailing stores (voluntary chain, retailer cooperative, consumer cooperative, franchise organization, merchandising conglomerate) divided in sections, which could be nominated in specialty store; department store; supermarket; convenience store; discount store; off-price retailer; superstore; catalog showroom.
It is smart to observe strategies developed by retailers`. They usually choose a specific location for setting the market in a central business district filled with community shopping centers, besides of planning a market logistic strategy on deciding on the company’s value proposition to its customers, the best channel design, developing operational excellence and implementing solutions for possible future issues.
There are many kinds of retailing store, but two of them are very competitive between each other: the physical store and the e-commerce store. Some retailing work with both types, some not. It is strategic, when the commerce plans selling through physical shopping places and also through web sites. Many customers enjoy the idea of going out for shopping and trying on or spending some time out, even for having fun; Although, nowadays, many people do not have enough time for the ‘shopping time’ anymore, they rather prefer shopping from their home or offices and having some more time off for themselves. Shopping online has a great quantity of pros: customers can shopping from the comfort of
Renata Pinheiro Fonseca
Professor: Dr. Shawn Richmond
Washington Baptist University
Date: 11/23/2014
BUS 505
Retail Stores
Retailing refers to the act of selling goods or services for nonbusiness use, personal only. They are very popular for selling famous brands for reasonable prices, being very specific in what kind of line of products are going to be used for sale or including varieties of things to their stock, ranging from clothing to electronics. There are many types of retailing stores (voluntary chain, retailer cooperative, consumer cooperative, franchise organization, merchandising conglomerate) divided in sections, which could be nominated in specialty store; department store; supermarket; convenience store; discount store; off-price retailer; superstore; catalog showroom.
It is smart to observe strategies developed by retailers`. They usually choose a specific location for setting the market in a central business district filled with community shopping centers, besides of planning a market logistic strategy on deciding on the company’s value proposition to its customers, the best channel design, developing operational excellence and implementing solutions for possible future issues.
There are many kinds of retailing store, but two of them are very competitive between each other: the physical store and the e-commerce store. Some retailing work with both types, some not. It is strategic, when the commerce plans selling through physical shopping places and also through web sites. Many customers enjoy the idea of going out for shopping and trying on or spending some time out, even for having fun; Although, nowadays, many people do not have enough time for the ‘shopping time’ anymore, they rather prefer shopping from their home or offices and having some more time off for themselves. Shopping online has a great quantity of pros: customers can shopping from the comfort of
References: November 23rd, 2014, Retail. Retrieved from: http://en.wikipedia.org/wiki/Retail November 22nd, 2014, Gifts and Collectibles Retail Shop Business Plan. Retrieved from: http://www.bplans.com/gifts_and_collectibles_retail_shop_business_plan/executive_summary_fc.php