The study explores the impact of the economic crisis on the Indian retail sector, emphasising the importance of considering its effects to avoid long-term losses. It provides strategies for Indian...
The study explores the impact of the economic crisis on the Indian retail sector, emphasising the importance of considering its effects to avoid long-term losses. It provides strategies for Indian...
Giant stores boost GDP, create jobs, and raise living standards, but often displace small retailers and lead to part-time employment. They offer convenience and modern shopping, but risk encouraging...
Accurate costing is crucial in garment merchandising, as even small errors can lead to significant financial losses. Merchants must track every detail, secure formal supplier quotes, and understand...
The retail world has shifted from seller-driven to consumer-centric, making the customer the true decision-maker. Beyond price and product, emotional connection, personalisation, and respect now...
While the current drop in consumer spending has hit organized retailers, that is not the only reason for their woes. Retailers need to better understand and define their value proposition to their...
Retailers must focus on increasing efficiency, improving margins, and leveraging new technologies to stay competitive. Right sizing, which involves reducing store space and replacing slow-moving...
Department stores in the US are facing severe sales declines due to the financial crisis, with major retailers like Nordstrom, Macy's, and JC Penney experiencing drops in profits. Heavy discounting...
Fashion trends evolve through continuous innovation in fabric, style, and design. Trends typically flow from Western countries like the USA, UK, France, and Italy to Eastern markets such as China and ...
Choosing the right POS equipment is vital for small businesses, as it handles customer transactions and links to merchant accounts. In a cashless market, it's essential for processing payments. POS...
Many retailers invest in BI and CPM tools hoping for quick, user-friendly data insights. However, these tools often act as raw components needing heavy IT input for setup, integration, and...