[pic] Retail Loss Prevention: Doing more with Analytics February 2009 Abstract T he retail industry is in the middle of an unprecedented economic crisis. All retailers are trying to figure out how to cut costs, retain customers, conserve cash and more importantly stay in business. Recently, the National Retail Federation (NRF) polled readers of its SmartBrief asking them what was on top of their mind. Loss Prevention (LP) came in second only to the overall economy! It is no
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Auto Zone has to adapt to the challenges that social forces present. As gas prices fluctuate, so do social trends on what consumers choose to drive. As fuel costs increase, vehicle size decreases (Parnell, 2008). Fuel efficiency is directly related to not only fuel costs, but also environmental issues and our dependency on foreign oil. The United States receives about 60% of its oil from other countries (Flintoff, 2012). Sine the US receives more oil from outside environments, pricing can fluctuate
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Consumer behavior on retail and shopping Retail is that the sale of products and services from people or businesses to the end-user. Retailers are a part of Associate in nursing integrated system known as the availability chain. A distributor purchases product or merchandise in giant quantities from makers directly or through a wholesale, then sells smaller quantities to the patron for a profit. Marketing are often tired either fastened locations like stores or markets, door-to-door or by delivery
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Group 3 Group 3 Contents Introduction: The E-commerce market 2 Market Scenario: India 2 Drivers of Growth 3 Competition & Emerging Market Trends 3 Key Drivers of Industry 5 PESTEL Analysis 6 Government regulations 7 Business model 7 Barriers to entry 8 Lifestyle as a segment 8 The acquisition of Myntra 9 Conclusion: The road ahead 10 Which category to pursue? - A Game Theory Model 10 References: 12 Introduction: The E-commerce market Electronic commerce has emerged as an indispensable
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designer, producer, and marketer of fine accessories and gifts for women and men including handbags, business cases, luggage and travel accessories, wallets, outerwear, eyewear, gloves, scarves, fragrance and fine jewelry. Continued development of new categories has further established the signature style and distinctive identity of the Coach brand. Together with our licensing partners, we also offer watches, footwear, eyewear and fragrance bearing the Coach brand name. Marketing Environment Coach
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stores in forty five states at their fiscal year ending January 30, 2004. The company is currently in the midst of the most aggressive expansion in its history with 130 new stores opened in 2003 and another 140 slated for this year. Lowe’s saw 2003 sales reach approximately $30.8 billion, due largely to their focus on the retail customers and home-improvement projects. Fifty eight years ago Lowe’s began as North Wilkesboro Hardware Company, a neighborhood hardware store fittingly named after the
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in-store tech package as part of its SIMposium retail sales initiative. The new digital tools include an online information hub called SleepSells.com; a virtual reality app called SIMulator that enables users to “see” inside Simmons mattresses; and Wright’s RetaiLive program, which provides instant access to Simmons-related content via mobile devices. Previewed at the winter Las Vegas Market, SleepSells.com is a one-stop information hub for the retail sales community. The site houses a multimedia
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Marks and Spencer Report Contents ------------------------------------------------- Page | ------------------------------------------------- | ------------------------------------------------- 3 | ------------------------------------------------- Introduction | ------------------------------------------------- | ------------------------------------------------- | ------------------------------------------------- 3 | ------------------------------------------------- Strategic
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............................................................ 12 Industry Trends ................................................................................................... 13 How the Industry Operates ............................................................................... 23 Key Industry Ratios and Statistics ................................................................... 29 How to Analyze a Retail Company ..................................................................
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interested in how the consumer uses the products, since the marketer is interested in encouraging the increase in consumption. The most vital application of consumer behaviour - To make / craft marketing strategy for better marketing campaigns. New products are
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