What do off-price retailers need to do to compete against other formats in the future?

Q: How retailers creates value to customer?

A: Introduction Retailers are the intermediaries who deals with the customers in order to sell the…

Q: Describe how does (retail tangible goods) work ??

A: A tangible product is an actual article that can be seen by contact, for example, a structure,…

Q: Given a manufacturer’s goals for retailing their products, determine the mosteffective retail…

A: The retail strategy should have an efficient information system for the creation of sustainable…

Q: why is the consumer decision making process important to retailing ?

A: Consumer decision making refers to the process of studying the pros and cons of the available…

Q: When it comes to Retail Management, which can potentially render a higher profit - inhouse brands or…

A: Retail management is defined as the continuous process of managing all the activities associated…

Q: How do retailers adapt to seasonal fluctuations and changing consumer trends?

A: Retailing is the distribution process that includes all of the steps necessary to sell products…

Q: Explain what a wholesaler does. How does this benefit the retailer? How does this benefit the…

A: Wholesaler is the part of the supply chain in a business who purchases in bulk from the…

Q: Given a component of retail strategy,summarize the l<ey strategicconsiderations for that…

A: A retailer is an independent business (ranging from a single location to national chains) whose…

Q: Which types of retail outlets are best suited to intensive distribution? To selective distribution?…

A: Intensive distribution is a marketing approach in which a brand attempts to sell its goods by using…

Q: What is the importance of Retailing?

A: Retail establishments are crucial to the widespread distribution of goods and the high exposure of…

Q: When does increased value added have an effect on a retailer's competitive position?

A: Competitive position: A competitive position is a value proposed by a trademark, product, or service…

Q: Why are wholesalers important to sellers?

A: A middleman that is a connection between a manufacturer and a retailer is known as a Wholesaler.…

Q: What services will non-store retailers provide to their clients that in-store retailers cannot?

A: Retailers are the major participants of the supply chain, are the lowest or lower level of the…

Q: Omnichannel retailing has many potential advantages, but it also has challenges. What are they?

A: About Omni-channel Retailing - Omni-channel retailing is a term that is described as a relevant kind…

Q: You can purchase apparel at a discount store, specialty store, categoryspecialist, off-price…

A: Ans. Introduction The world is immersed with new organizations sending off every single day.…

Q: Do wholesaling intermediaries provide any ultimate value to customers, or do they just interfere…

A: Wholesaling intermediaries do provide ultimate value to customers, they may not be in contact with…

Q: sues?

A: The companies are using and gathering the customer data from several sources to understand their…

Q: Explain how retailers can be classified based on the amount of service offered and give an example…

A: Retailers can be classified on the basis of amount of service which they offer. There can be three…

Q: What is meant by brick-and-mortar retailers?

A: Every company will create a distribution channel to move the goods from manufacturer to the…

Q: The pandemic has accelerated a shift to buying online. Use your knowledge of retailing and/or…

A: A strategy is described as a plan of action that is initiated by the business organization which…

Q: Name and describe the three types of off-price retailers. How do off-price retailers differ from…

A: Retailers are the brick-and-mortar shops which provides commercial goods and services to the…