answersLogoWhite

0


Best Answer

In order to make successful operations possible, companies use strategic retail planning process. Strategic retail planning process include the following steps: situational analysis, setting objectives, defining target market, meeting objectives, controlled processes, and feedback.

User Avatar

Wiki User

βˆ™ 9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Strategic retail planning process
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the purpose of developing a formal retail strategy?

formal strategic-planning processes play an important role in improving overall satisfaction with strategy development.


What has the author Thomas Rusche written?

Thomas Rusche has written: 'Strategisches Sortimentsmanagement im Handel' -- subject(s): Marketing, Retail trade, Strategic planning


What does what does OSS mean in retail?

Office of Strategic Services


What has the author John Byrom written?

John Byrom has written: 'Strategic alternatives for small retail businesses in rural areas' 'A greener greater Edinburgh' -- subject(s): City planning, Open spaces 'Waverley Valley' -- subject(s): City planning 'The Calton Hill' -- subject(s): City planning


Components of strategic planning in retail business?

determine target market, new advertising plans, planograms for products, 5, 10, and 20 year plan for repair or replacement of equipment, building (if owned), things of that nature.


Where to free download retail management a strategic approach?

Have you tried sourceforge? Sourceforge has a project that you can download for free.


What is retail accounting?

Retail accounting is the process of accounting for retail businesses. The accounting function in retail isn't significantly different from that of other businesses.


What has the author PD Clarke written?

P.D. Clarke has written: 'The genesis of strategic marketing control in British retail banking'


What has the author Mark Dineen written?

Mark Dineen has written: 'The strategic implications of Irish immigrants to retail public house operations'


Explain the difference between wholesale and retail vehicle prices?

Wholesale: This is the selling process in which the bulk of unit purchase only can be done with lesser price in compared to maximum retail price. Retail Sale: This is the selling process in which a single or bulk units purchase can be done with maximum retail price.


What has the author Wolfgang Dauda written?

Wolfgang Dauda has written: 'Ladenbau' -- subject(s): Planning, Retail Stores


In terms of porter's mode what strategic forces does the retail information system seek to address?

Improve accuracy of sales and keep better track of inventory