Assignment:
As retail managers, you must be able to apply retail and market trends to help grow your business. If companies do not forecast trends and apply them to the business, they will quickly go out of business. Retail managers must be able to anticipate trends and use innovative ways to adapt them to their business.
Using the information learned in Unit 1, you will now identify how retail and market trends impact the product mix. You will also create strategies to make the retail and market trends work for your business.
post a synopsis of your market and retail trend analysis. Describe how you will adapt the Country Store to align with the applicable market and retail trends. List the two major focuses of your company and provide a rationale for your selection.
Describes products and how they relate to the company's daily store operations of a business. Assesses and aligns business with applicable market and retail trends. Conducts a comprehensive SWOT analysis of product mix to evaluate the impact on the business. Distinguishes products, visual merchandising, and marketing of store and how it differs from the competition.