A department store is a retail establishment with a building open to the public which offers a wide range of consumer goods such as clothing‚ housewares‚ furniture and appliances. It typically offers a choice of multiple merchandise lines‚ at variable price points‚ in different product categories (known as "departments" hence the name). Department stores usually sell products including clothing‚ furniture‚ home appliances‚ toys‚ cosmetics‚ gardening‚ toiletries‚ sporting goods‚ do it yourself‚ paint
Premium Retailing Department store Wal-Mart
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
Premium Retailing
Case one Macy’s Department Store Repositioning Jingjing Li BUS 2275 Business Strategy and Simulation–Section 050 Instructor: Anish Bania Due Date: Jan 16‚ 2013 Table of Contents Executive Summary 2 Statement of the problem/opportunity/and objectives 2 Analysis of the situation 2 External and internal 2 Porter’s five –forces model 3 1. The threat of new entrants. 3 2. The bargaining power of buyers. 3 3. The bargaining power of suppliers. 4 4. The threat of substitute
Premium Department store Macy's Strategic management
Case 1: Pelican Stores Pelican stores‚ a division of National Clothing‚ is a chain of women’s apparel stores operating throughout the country. The chain recently ran a promotion in which discount coupons were sent to customers of other National Clothing stores. Data collected for sample of 100 in-store credit card transactions at Pelican Stores during one day while the promotion was running are contained in the file named “data pelican stores. The propriety card method of payment refers to charges
Premium Credit card Marketing Sales promotion
competitors of convenience store market. In Guangzhou‚ 7-Eleven‚ Ok and C-store are the three pillars of convenience stores. So our project will focus on the existing competitors 7-Eleven and OK convenience stores to analyze. In this part‚ I am going to identify the distinctive characteristics and values of 7-Eleven and OK with the theory of brand triangle‚ to see what make them a brand. And then I will analyze the scale and goals of 7-Eleven and OK convenience stores with the theory of SWOT and
Premium Convenience store Brand Strategic management
considering the forecast model as gospel‚ it is important to understand some of the limitations and assumptions the model makes. The model is using a 20 percent increase in direct shipments to all stores. Although it would be wise to bypass the distribution center (DC) altogether and ship directly to the stores‚ could the vendors supplying the SKUs be capable of such an increase‚ and how would that factor into meeting the goals of project 275? With eight inventory management projects underway‚ does
Premium Supply chain management Inventory
Anh Nguyen Professor Wegley ENG 102 18 January 2014 The Happiness Store: A Place to be Happy in Less Mundane Ways Gary Larson has brought laughter to many people by his popular long-running comic called The Far Side. In one of these cartoon series‚ the character names Crawley was told by his friends: “You cannot buy happiness”. However‚ “Mr. Crawley surmised that they just didn’t know where the store was” (Figure 1). Humorously‚ Mr. Crawley’s conclusion about the reason why his friends
Premium Meaning of life
The Container Store • What motivational strategies does The Container Store use to keep employees productive and satisfied? The Container Store principally uses the Maslow hierarchy of needs‚ this theory talks about of an arrangement of five basic needs (physiological‚ safety‚ social‚ esteem and self-actualization needs) that motivate behavior. (Jones & George‚ 2007‚ pp. 330). 1) Physiological Needs: The Container Store looks for satisfy this need in proving employees with a good wage
Premium Maslow's hierarchy of needs Motivation Psychology
PROJECT INTRODUCTION Background Penny Store is a franchise of convenience stores which will be opening their new store in Kitchener‚ Ontario. Penny Store will be the first 24-hour convenience store that is more like an big dispensing machine than the traditional store. The store is to be built in space of 3200 sq. feet. The store expects to capture market share by becoming the low-cost leader in the convenience store industry by reducing labour expanses. Because of fully automated
Premium Retailing Department store Sales
Memorandum To: Pelican Stores Management From: Ashley N. Earl Date: September 10‚ 2007 Re: July Coupon Promotion Results – Specific Descriptive Statistics Coupon Promotion Results As a follow up to my previous memorandum‚ I have prepared specific descriptive statistics regarding the results of the previous coupon promotion period throughout the month of July. These descriptive statistics such as the relationship between net sales and descriptive statistics on net sales
Premium Standard deviation