Retail Management

Business Description:

Retailing is a lucrative trade that spans the globe, accounting for much of the international job market in terms of employment and income.  For many, the retail industry provides a means of income not only for its stakeholders but also for the communities in which it thrives.  Retailers are quick to adapt to consumer needs, ensuring the latest trends are at their disposal.  Advances in technology have allowed for a more seamless relationship between consumers and retailers, literally putting retailers and their goods at consumers’ fingertips.  From the historic method of bartering goods to contemporary approaches in e-commerce, retail is a rapidly expanding industry that provides consumers with virtually unlimited options for the fashion – forward products they wish to indulge in.

Transferable Skills:

• Research retail business

• Analyze business strategy of retailer

• Investigate approach of retail model

• Compare and contrast approaches used

• Identify multichannel approach

• Answer questions below

• Presentation last day of class