Discussion questions that I need help on, these are in the Retailing Management textbook, chapter 2: types of retailers. 1.) Distinguish between variety and assortment. Why are these important elements of the retail market structure? 5.) Why is Walmart, the largest retailer in the world, facing slower growth than in the past? What can it do to accelerate its growth? 6.) Why are retailers in the limited-assortment supermarket, online grocery retailing, and extreme-value discount store sectors growing so rapidly? From which retailers are they getting these additional sales? 8.) Choose a product category that both you and your parents purchase (e.g., business clothing, casual clothing, music, electronic equipment, shampoo). In which type of store do you typically purchase this merchandise? What about your parents? Explain why there is, or is not, a difference in your store choices
Discussion questions that I need help on, these are in the Retailing Management textbook, chapter 2: types of retailers.
1.) Distinguish between variety and assortment. Why are these important elements of the retail market structure?
5.) Why is Walmart, the largest retailer in the world, facing slower growth than in the past? What can it do to accelerate its growth?
6.) Why are retailers in the limited-assortment supermarket, online grocery retailing, and extreme-value discount store sectors growing so rapidly? From which retailers are they getting these additional sales?
8.) Choose a product category that both you and your parents purchase (e.g., business clothing, casual clothing, music, electronic equipment, shampoo). In which type of store do you typically purchase this merchandise? What about your parents? Explain why there is, or is not, a difference in your store choices
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