Choosing a store location
Uniqcloth has identified a store location that aresuitable for the business. The location that Uniqcloth will open the business is at the new upcoming mall besides the Imperial Mall. We choose that location is because it is a new mall and the location of the mall is in the central of Miri. Miri is a growing town and most consumers in Miri will concentrate around the area as it is the biggest commercial area in Miri. It shows that the area has a high customer turnover rate and it is close to most housing areas in Miri. Convenience of public transportation allows easy access to customers as buses and taxis are widely available. The mall itself should have an adequate parking lot to accommodate an amount of people to park there. So it is easy for the consumer to go there as they have a parking lot for their customers. Listing down all the factors, it is edible that uniqcloth choose the new mall besides Imperial as its store location.
As unicloth is a sole proprietor, the company’s management operations are more centralized. A simple organization chart with detailed job description is panned out. A store supervisor will be assisting the store’s employees in the day to day tasks. The Store manager is in charge of daily operations which include human resource duties, sales, budgeting, financing, inventory and other related managerial commands. Unicloth will be utilising an information system which will ease transactions, inventory check lists, ordering systems and many more to enhance its efficiency in managing the retail outlet. As Uniqcloth operates itself as specialty store selling high end Korean fashion apparels, it has an extensive depth of product assortment with a narrow width of product range. This allows the retailer to price its product competitively in the market. Uniqcloth will work on its competitor pricing strategies as well when