organisations supply and demand levels and its costs. The ongoing changes occuring in society create an uncertain environment and have an impact on the fuction of the whole organization. Therefore PEST analysis is a useful tool for understanding the ’big picture’ of the environment in which Home Retail Group operates‚ and the opportunities and threats that lie with it. By doing this and looking at the outcome‚ we can take advantage of the oppurtunities and minimize the threats. Since the company is
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Industry Overview Some 400‚000 specialty retail stores operate in the US with combined annual sales of $350 billion CAGR 2002-06: 5% Market is dominated by large players like Best Buy‚ Toys “R” Us‚ Gap‚ Sports Authority‚ etc The market size of some major product categories: o Shoes and clothing - $125 billion o Electronics and appliances - $85 billion o Jewelry - $25 billion o Sporting goods - $25 billion o Books - $25 billion Other categories include Toys‚ Music‚ Luggage‚
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Retail Scenario in India : Touching Meteoric Scales As the corporates the Piramals‚ the Tatas‚ the Rahejas‚ ITC‚ S.Kumar’s‚ RPG Enterprises‚ and mega retailers- Crosswords‚ Shopper’s Stop‚ and Pantaloons race to revolutionize the retailing sector‚ retail as an industry in India is coming alive. Retail sales in India amounted to about Rs.7400 billion in 2002‚ expanded at an average annual rate of 7% during 1999-2002. With the upturn in economic growth during 2003‚ retail sales are also
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BSBWOR402A AT02 ASSESSMENT BSBWOR402A Promote Team Effectiveness Promote Team Effectiveness The process for completing this assessment is: • • • • Read the content and answer the following questions. Once completed save and submit your assessment. Once submitted your World Learning Centre (WLC) Assessor will assess your work. You may be deemed ‘Competent’ which means you will move on to the next stage or deemed ‘Not Yet Competent’ where feedback will be provided and you
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TYPES OF RETAIL FORMATS 1. CHAIN STORES: • Chain stores are retail outlets that share a brand and central management‚ and usually have standardized business methods and practices. • These characteristics also apply to chain restaurants and some service-oriented chain businesses. • In retail‚ dining and many service categories‚ chain businesses have come to dominate the market in many parts of the world. Chain stores are a form of franchising. • The world’s
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The concept of retail banking The retail banking means products and services offered to individuals and households sector for personal use and consumption like loans for housing‚ vehicle‚ for consumer durable‚ loans for enjoying vacations etc. It not only means lending but also involves whole of the banking services provided to individuals and household sector. The products to tap their savings and other services are included in retail banking. The retail banking concept has been expanded
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Zara’s information Technology strategies and the diatribe between Salgado‚ The Head of the Department and Sanchez ‚ his assistant‚s concern upgrading the operating system and the implementation of a new IT system to fulfill the needs of a fast growing retail chain. Despite the fact that Zara is over performing in their core business and that they are not showing big problems inside their structure‚ this shouldn’t be seen as a pretense to dodge updating the Software. Here we see Sanchez’s sight who confide
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Online Retail December 2014 Reference Code: 0199-2344 Publication Date: December 2014 WWW.MARKETLINE.COM MARKET LINE. T HIS PROFILE IS A LICENSED PRODUCT AND IS NOT T O BE PHOT OCOPIED Global - Online Retail © MARKETLINE THIS PROFILE IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED 0199 - 2344 - 2014 Page | 1 EXECUTIVE SUMMARY Market value The global online retail sector grew by 21.4% in 2014 to reach a value of $986.7 billion. Market value forecast In 2019‚ the global online retail sector
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Derby Clothing Pvt Ltd‚ Chennai The company was established in the year 1994 as a small design studio in a 200 sq. Ft. Space in Chennai; today derby makes its presence through 33 exclusive stores & 238 multibrand outlets across the southern states. Until 2008‚ the brand’s presence was confined to a single outlet in Chennai. Post 2008‚ the brand has spread its wings methodically not only in geographic spread but also in its product profile. The brand’s journey to its present size is
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Retail math is often used in various ways by store owners‚ managers‚ retail buyers and other retailing employees. It is used to evaluate inventory purchasing plans‚ analyze sales figures‚ add on markup and apply markdown pricing to plan stocks. Although there are computer programs and other tools available‚ performing these retail math calculations often requires familiarity with formulas. Use the following equations and retail math formulas to track merchandise‚ measure sales performance and
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