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The other was recently built in a newly planned community. Which site is preferable for True Value? Why?
Under what circumstances might a retailer use the analog approach for estimating demand for a new store? What about regression analysis?
What components of the gentrification project attract both local residents and visiting tourists to spend time shopping, eating, and sightseeing in this locatio
How does the mall near your home or university combine the shopping and entertainment experiences?
What are the advantages and disadvantages of this location for the food retailers? What is the new trend for food retailers in the shopping environment?
Retailers are developing shopping centers and freestanding locations in central business. What are the benefits and problems associated with gentrification?
What would you say is the single most important factor in choosing a site for these three very different types of stores?
Why is store location such an important decision for retailers? What are the strengths of each location for this home improvement retailer?
Evaluate Walgreens' performance against direct external competition using the financial data and ratios.
Which retailer would you expect to have a higher gross margin? Higher expense-to-sales ratio? Higher inventory turnover? Higher asset turnover?
How does the strategic profit model assist retailers in planning and evaluating the performance of their marketing and financial strategies?
What elements in the strategic model are affected if a retailer decides to build and open 10 new stores?
Why does a retailer need to use multiple performance measures to thoroughly evaluate its performance?
What is your favorite retailer? Why do you like this retailer? What would a competitive retailer have to do to get your patronage?
What firms would be intertype competitors? How does Walmart contribute and detract from the communities in which it operates stores?
Choose a U.S.-based retailer that wants to open a new store outside the United States for the first time. Which country should it pursue? Why?
What countries were the original homes for the global retailers? What contributed to the success of the expansion from home country to an international market?
From a personal perspective, how does retailing rate as a potential career compared with others you are considering?
Describes how some retailers are acting socially responsibly. Take the perspective of a stockholder in one of these companies.
Distinguish between variety and assortment. Why are these important elements of the retail market structure?
What do off-price retailers need to do to compete against other formats in the future? Can all of the food retail institutions be successful over the long run?
In which type of store do you typically purchase this merchandise? What about your parents? Explain why there is, or is not, a difference in your store choices.
Design a strategy to get customers to purchase both the service and the product.
How can retailers that emphasize price (e.g., discount stores, category specialists, off-price retailers) improve customer service without increasing costs.
What capabilities are needed to be an effective multichannel retailer? From a customer's perspective, what are the benefits and limitations of stores? Catalogs?