Retail Management – Is the Build-A-Bear concept a fad or does it have staying power
Retail Management
- Is the Build-A-Bear concept a fad or does it have staying power? When it comes to retail management, is the Build-A-Bear strategy sustainable?
- What can Build-A-Bear do to generate repeat visits to the store? (1) What are the keys to making WeddingChannel.com a success from the perspective of the companies investing in it?
(2) Why would a retailer want to invest in a virtual community like WeddingChannel.com?
(3) Can you think of other retailers that might benefit from developing a virtual community?
- Describe how accounting irregularities can play havoc with a firm’s reputation, supplier relations, and manager morale.
- Discuss other means of measuring and improving financial performance at Dollar General.
- What are the financial management pros and cons of Dollar General’s placing greater emphasis on perishables?
- Evaluate Dollar General’s inventory management initiatives.
- Evaluate Sports Authority’s new design in light of the retailer’s objectives.
- Discuss the pros and cons of Sports Authority’s use of specialty boutiques instead of its previous warehouse format.
- Develop a promotional campaign for Sports Authority to capitalize on “the authority” image.
- Do you think the WTSA network will prove to be a major contributor to Sports Authority’s atmospherics or will it turn out to be a fad? Explain your answer. Retail Management
- What is Rainforest Café’s retail offering and target market?
- Were malls good locations for Rainforest Cafés? Why or why not? What would be the best location types?
- Many retailers have tried to make their stores more entertaining. In a number of cases, these efforts have failed. What are the pros and cons of providing a lot of entertainment in a retail store or restaurant?
- is the Build-A-Bear concept a fad, or does it have staying power?
- What can Build-A-Bear do to generate repeat visits to the store?
(2) Why would a retailer want to invest in a virtual community like WeddingChannel.com?
(3) Can you think of other retailers that might benefit from developing a virtual community?
- Outline the decision-making process for each of the Chens’ bicycle purchases.
- Compare the different purchase processes for the three bikes. What stimulated each of them? What factors were considered in making the store choice decisions and purchase decisions?
- Go to the student side of the Online Learning Center (OLC) and click on multiattribute model. Construct a multiattribute model for each purchase decision. How do the attributes considered and importance weights vary for each decision?
- Is there an overlap in these two consumer segments?
- Can Wal-Mart changes its image and appeal to an upscale shopper, or should it stick to loyal, cash-strapped customers?
- Would you recommend that Wal-Mart purchase additional pages in Vogue magazine this year? Explain your rationale.
- What is the target market of extreme value retailers like Dollar General and Family Dollar?
- Why are customers increasingly patronizing these extreme value retailer stores?
- How do extreme value retailers make a profit when their prices and average transactions are so low?
- Can extreme value retailers defend themselves against general merchandise discount retailers like Wal-Mart, or will Wal-Mart eventually drive them out of business? Why?
- Evaluate Sports Authority’s new design in light of the retailer’s objectives.
- Discuss the pros and cons of Sports Authority’s use of specialty boutiques instead of its previous warehouse format.
- Develop a promotional campaign for Sports Authority to capitalize on “the authority” image.
- Do you think the WTSA network will prove to be a major contributor to Sports Authority’s atmospherics or will it turn out to be a fad? Explain your answer.
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