SWOT ANALYSIS: More for you A SWOT analysis of the Indian organized retail industry is presented below: Strengths: 1. Retailing is a "Technology-intensive" industry. It is technology that will help the organized retailers to score over the unorganized retailers. Successful organized retailers today work closely with their vendors to predict consumer demand‚ shorten lead times‚ reduce inventory holding and ultimately save cost. Example: Wal-Mart pioneered the concept of building competitive advantage
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Award Statement Working rights and conditions Casual Employment Hourly rate is generally higher than full time Code Blue A PA call that applies to all medical emergencies involving a customer‚ staff member or any visitors to the store Communication Is what we do to secure understanding between others and ourselves Credit Note A commercial document issued to a buyer or a seller Customer Objections Questions or statements that the customer may make to indicate that they may be unsure about
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International Journal of Retail & Distribution Management Emerald Article: The efficacy of sales promotions in UK supermarkets: a consumer view D.C. Gilbert‚ N. Jackaria Article information: To cite this document: D.C. Gilbert‚ N. Jackaria‚ (2002)‚"The efficacy of sales promotions in UK supermarkets: a consumer view"‚ International Journal of Retail & Distribution Management‚ Vol. 30 Iss: 6 pp. 315 - 322 Permanent link to this document: http://dx.doi.org/10.1108/09590550210429522 Downloaded
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REVERSE LOGISTICS: CHALLENGES AND ISSUES FACED BY THE MAJOR RETAIL PLAYERS IN THE UK. INTRODUCTION: “In the sweat of your face you shall eat bread till you return to the ground‚ for out of it you were taken; For dust you are‚ And to dust you shall return.” Genesis 3:19. Effective and efficient management of product returns is an intriguing practical and research question. Growing green concerns and advancement of reverse logistics (RL) concepts and practices make it all the more relevant
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Merchandising is carried out by the area of a business which mediates marketing and production departments‚ such as the buyers. This process is were the product is designed and developed‚ and then presented to the rest of the buying team. Including overlooking the product line throughout is product development life‚ from start to finish. The merchandising department may have to deal with some of the costing and pricing. The merchandiser aids creating a product line that should create a profit for
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Blinds to Go: Staffing a Retail Expansion In 1954‚ from Montreal‚ Canada‚ Blinds to Go (BTG) business began as a retail fabricator of window dressings. Mr.Shiller was the sole operator of the company and until his son joined in 1970s‚ He persuaded his father to focus on selling blinds. The new business plan generated positive customer responses and by year 2000‚ the business has expanded widely across North America. The business continues to grow. Even though they were growing fast‚ they faced
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Electronic Data Interchange within the Food Retail Industry Report assessing the impacts of EDI on a company operating within the food retail industry. 1 Introduction to EDI Electronic Data Interchange can be defined as: “The transfer of electronic data from one organisations computer system to another’s‚ the data being structured in a commonly agreed format…” (Curtis and Cobham 2007) The purpose of EDI is to enable a company to directly exchange business documents‚ such as purchase orders
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population and distance were not the causes of consumer store choice but could be used as good substitute variables for all the factors influencing consumers’ the law of retail gravitation was developed to explain the strength of one city’s attraction on consumers living near it. In effect‚ this law states that two cities attract retail trade from an intermediate city or town in the vicinity of the breaking point (that is‚ where 50 percent of the trade is attracted to each city) approximately in direct
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Describe the structure and organisation of the retail sector Retailers provide a service to customers at a profit. They are able to do this since the aspects of retailing – operating from an appropriate location‚ offering attractive product variety‚ ensuring enough stock is available to meet demand – add value to the products bought from suppliers and eventually sold to customers. Retailers cut their bulk deliveries from suppliers so individual customers can buy the quantity they require – very
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1. Direct and Indirect Signals/Retail Sales A key aspect of economics is the collection and analysis of the vast amounts of data generated throughout global economies. The interpretation of this data can provide important signals for the future direction of the economy. There are two forms of signals that arise from the various economic data that is collected. The first are direct signals‚ which measure the movement in what is being measured. These usually take the form of a given macro
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