Home > Store

Retail Operations, 2nd Edition

Register your product to gain access to bonus material or receive a coupon.

Retail Operations, 2nd Edition

eBook

  • Your Price: $28.79
  • List Price: $35.99
  • Includes EPUB and PDF
  • About eBook Formats
  • This eBook includes the following formats, accessible from your Account page after purchase:

    ePub EPUB The open industry format known for its reflowable content and usability on supported mobile devices.

    Adobe Reader PDF The popular standard, used most often with the free Acrobat® Reader® software.

    This eBook requires no passwords or activation to read. We customize your eBook by discreetly watermarking it with your name, making it uniquely yours.

Description

  • Copyright 2013
  • Dimensions: 6-1/4" x 9-1/4"
  • Edition: 2nd
  • eBook
  • ISBN-10: 0-13-341021-8
  • ISBN-13: 978-0-13-341021-1

This concise and reader-friendly book is for aspiring businessmen and women who desire to be successful. It talks about operational details and the day-to-day running of a shop or chain of stores. The 4-colour book includes pictures of store layouts, merchandise displays and promotional activities so that important points are depicted in a clearer manner.

Sample Content

Table of Contents

ABOUT THE AUTHORS FOREWORD PREFACE ACKNOWLEDGEMENTS
CHAPTER 1 WELCOME TO THE WORLD OF RETAILING
1.1 What is Retailing? 1.2 Why is Retailing Important? 1.3 Major Formats of Retailing 1.4 Functions of Retailers 1.5 Concerns of Retailers 1.6 The Future of Retailing
Viewpoint Simple Ways to Enhance Your Retail Sales
CHAPTER 2 THE RETAIL STORE CUSTOMER
2.1 What is a Customer? 2.2 Types of Customers 2.3 Basic Needs of Customers 2.4 Why do Customers Patronise a Retail Store? 2.5 What is Customer Service? 2.6 How to Deliver Customer Service? 2.7 Benefits of Customer Service
Viewpoint Winning Life-Long Customers
CHAPTER 3 SHOP LOCATION AND SITE
3.1 Importance of Location and Site 3.2 Definitions: Location and Site 3.3 Evaluation and Selection Guidelines Viewpoint Types of Shopping Locations
CHAPTER 4 DAILY OPERATING POLICIES & PROCEDURES
4.1 Shop Opening Tasks 4.2 Closing Procedure Viewpoint Maintaining Standards – How can you help?
CHAPTER 5 STOCK MANAGEMENT
5.1 Ordering 5.2 Receiving 5.3 Checking 5.4 Marking / Price Tagging 5.5 Storage 5.6 Inter-Shop Transfers 5.7 Expiry and Damaged Control 5.8 Returns and Claims 5.9 Stock Take 5.10 Staff Purchases
Viewpoint Markdowns – Do you need to plan for price adjustments?
CHAPTER 6 CASH HANDLING AND CONTROL
6.1 Cash Register 6.2 Payment Processing 6.3 Cash Management Viewpoint Help your cashiers to serve the customer better
CHAPTER 7 UPKEEPING SHOP IMAGE
7.1 Shop Layout 7.2 Housekeeping and Maintenance 7.3 Front End Tasks 7.4 Back End Tasks 7.5 Schedules for Housekeeping and Maintenance Viewpoint Staff Appearance and Conduct
CHAPTER 8 SHOP SAFETY AND SECURITY
8.1 Shop Safety 8.2 Preventive Measures 8.3 Remedial Works 8.4 Shop Security
Viewpoint The Retailer and Occupier’s Liability
CHAPTER 9 SALES POLICIES
9.1 Tills and Receipts 9.2 Merchandise Reservation 9.3 Refund and Exchange 9.4 Delivery
Viewpoint A Sample Store Policy CHAPTER 10 CUSTOMER SERVICE DECISIONS
10.1 A Service Strategy 10.2 Customer Service Programme 10.3 Handling Customers Effectively 10.4 Handling Enquiries 10.5 Product Knowledge 10.6 Handling Complaints 10.7 Service Recovery
Viewpoint Simple actions but significant payoffs

CHAPTER 11 THE ART OF RETAIL SELLING
11.1 The Retail Selling Process 11.2 Pre-Customer Contact 11.3 Step One – Acknowledge 11.4 Step Two – Approach 11.5 Step Three – Identify Needs 11.6 Step Four – Presenting the Products and Sell Benefits 11.7 Step Five – Handle Objections and Queries 11.8 Step Six – Close the Sales 11.9 Step Seven – Add-On Selling 11.10 Step Eight – Farewell and Follow-Up 11.11 Getting Ready to Sell by Building Confidence
Viewpoint Employees – Your Greatest Weapon


CHAPTER 12 MERCHANDISE DECISIONS
12.1 The Six Rights of Merchandising 12.2 Merchandise Buying 12.3 Merchandise Control
Viewpoint How to maintain a healthy balance of inventory and sales?

CHAPTER 13 MARKETING PRACTICES
13.1 Advertising 13.2 Sales Promotion 13.3 Merchandise Presentation 13.4 Visual Presentation 13.5 Customer Loyalty Scheme
Viewpoint The personality of your retail shop
CHAPTER 14 RETAILING AND YOU
14.1 Legal Issues 14.2 Ethical Issues 14.3 The Consumer Protection (Fair Trading) Act
Viewpoint Avoiding the legal pitfalls of irresponsible advertising
CHAPTER 15 INFORMATION TECHNOLOGY (IT) AND RETAILING
15.1 Point-Of-Sale (POS) Systems 15.2 Internet Technology 15.3 Interactive Kiosks 15.4 Additional Technology Applications 15.5 Misconception About IT Systems 15.6 Challenges Ahead
Viewpoint “Retail Pro” – An excellent software system
CHAPTER 16 ORGANISATION AND PEOPLE MANAGEMENT
16.1 Organisation Structure 16.2 Culture Development 16.3 People Management 16.4 Retailer’s Options
Viewpoint Samples: Documents for Recruitment



CHAPTER 17 FINANCIAL CONTROL
17.1 Financing the Initial Operation 17.2 Budgetary Control 17.3 Evaluation of Merchandise Effort 17.4 Evaluation of the Retail Performance
Viewpoint Towards a better managed and more profitable business

Updates

Submit Errata

More Information

InformIT Promotional Mailings & Special Offers

I would like to receive exclusive offers and hear about products from InformIT and its family of brands. I can unsubscribe at any time.

Overview


Pearson Education, Inc., 221 River Street, Hoboken, New Jersey 07030, (Pearson) presents this site to provide information about products and services that can be purchased through this site.

This privacy notice provides an overview of our commitment to privacy and describes how we collect, protect, use and share personal information collected through this site. Please note that other Pearson websites and online products and services have their own separate privacy policies.

Collection and Use of Information


To conduct business and deliver products and services, Pearson collects and uses personal information in several ways in connection with this site, including:

Questions and Inquiries

For inquiries and questions, we collect the inquiry or question, together with name, contact details (email address, phone number and mailing address) and any other additional information voluntarily submitted to us through a Contact Us form or an email. We use this information to address the inquiry and respond to the question.

Online Store

For orders and purchases placed through our online store on this site, we collect order details, name, institution name and address (if applicable), email address, phone number, shipping and billing addresses, credit/debit card information, shipping options and any instructions. We use this information to complete transactions, fulfill orders, communicate with individuals placing orders or visiting the online store, and for related purposes.

Surveys

Pearson may offer opportunities to provide feedback or participate in surveys, including surveys evaluating Pearson products, services or sites. Participation is voluntary. Pearson collects information requested in the survey questions and uses the information to evaluate, support, maintain and improve products, services or sites, develop new products and services, conduct educational research and for other purposes specified in the survey.

Contests and Drawings

Occasionally, we may sponsor a contest or drawing. Participation is optional. Pearson collects name, contact information and other information specified on the entry form for the contest or drawing to conduct the contest or drawing. Pearson may collect additional personal information from the winners of a contest or drawing in order to award the prize and for tax reporting purposes, as required by law.

Newsletters

If you have elected to receive email newsletters or promotional mailings and special offers but want to unsubscribe, simply email information@informit.com.

Service Announcements

On rare occasions it is necessary to send out a strictly service related announcement. For instance, if our service is temporarily suspended for maintenance we might send users an email. Generally, users may not opt-out of these communications, though they can deactivate their account information. However, these communications are not promotional in nature.

Customer Service

We communicate with users on a regular basis to provide requested services and in regard to issues relating to their account we reply via email or phone in accordance with the users' wishes when a user submits their information through our Contact Us form.

Other Collection and Use of Information


Application and System Logs

Pearson automatically collects log data to help ensure the delivery, availability and security of this site. Log data may include technical information about how a user or visitor connected to this site, such as browser type, type of computer/device, operating system, internet service provider and IP address. We use this information for support purposes and to monitor the health of the site, identify problems, improve service, detect unauthorized access and fraudulent activity, prevent and respond to security incidents and appropriately scale computing resources.

Web Analytics

Pearson may use third party web trend analytical services, including Google Analytics, to collect visitor information, such as IP addresses, browser types, referring pages, pages visited and time spent on a particular site. While these analytical services collect and report information on an anonymous basis, they may use cookies to gather web trend information. The information gathered may enable Pearson (but not the third party web trend services) to link information with application and system log data. Pearson uses this information for system administration and to identify problems, improve service, detect unauthorized access and fraudulent activity, prevent and respond to security incidents, appropriately scale computing resources and otherwise support and deliver this site and its services.

Cookies and Related Technologies

This site uses cookies and similar technologies to personalize content, measure traffic patterns, control security, track use and access of information on this site, and provide interest-based messages and advertising. Users can manage and block the use of cookies through their browser. Disabling or blocking certain cookies may limit the functionality of this site.

Do Not Track

This site currently does not respond to Do Not Track signals.

Security


Pearson uses appropriate physical, administrative and technical security measures to protect personal information from unauthorized access, use and disclosure.

Children


This site is not directed to children under the age of 13.

Marketing


Pearson may send or direct marketing communications to users, provided that

  • Pearson will not use personal information collected or processed as a K-12 school service provider for the purpose of directed or targeted advertising.
  • Such marketing is consistent with applicable law and Pearson's legal obligations.
  • Pearson will not knowingly direct or send marketing communications to an individual who has expressed a preference not to receive marketing.
  • Where required by applicable law, express or implied consent to marketing exists and has not been withdrawn.

Pearson may provide personal information to a third party service provider on a restricted basis to provide marketing solely on behalf of Pearson or an affiliate or customer for whom Pearson is a service provider. Marketing preferences may be changed at any time.

Correcting/Updating Personal Information


If a user's personally identifiable information changes (such as your postal address or email address), we provide a way to correct or update that user's personal data provided to us. This can be done on the Account page. If a user no longer desires our service and desires to delete his or her account, please contact us at customer-service@informit.com and we will process the deletion of a user's account.

Choice/Opt-out


Users can always make an informed choice as to whether they should proceed with certain services offered by InformIT. If you choose to remove yourself from our mailing list(s) simply visit the following page and uncheck any communication you no longer want to receive: www.informit.com/u.aspx.

Sale of Personal Information


Pearson does not rent or sell personal information in exchange for any payment of money.

While Pearson does not sell personal information, as defined in Nevada law, Nevada residents may email a request for no sale of their personal information to NevadaDesignatedRequest@pearson.com.

Supplemental Privacy Statement for California Residents


California residents should read our Supplemental privacy statement for California residents in conjunction with this Privacy Notice. The Supplemental privacy statement for California residents explains Pearson's commitment to comply with California law and applies to personal information of California residents collected in connection with this site and the Services.

Sharing and Disclosure


Pearson may disclose personal information, as follows:

  • As required by law.
  • With the consent of the individual (or their parent, if the individual is a minor)
  • In response to a subpoena, court order or legal process, to the extent permitted or required by law
  • To protect the security and safety of individuals, data, assets and systems, consistent with applicable law
  • In connection the sale, joint venture or other transfer of some or all of its company or assets, subject to the provisions of this Privacy Notice
  • To investigate or address actual or suspected fraud or other illegal activities
  • To exercise its legal rights, including enforcement of the Terms of Use for this site or another contract
  • To affiliated Pearson companies and other companies and organizations who perform work for Pearson and are obligated to protect the privacy of personal information consistent with this Privacy Notice
  • To a school, organization, company or government agency, where Pearson collects or processes the personal information in a school setting or on behalf of such organization, company or government agency.

Links


This web site contains links to other sites. Please be aware that we are not responsible for the privacy practices of such other sites. We encourage our users to be aware when they leave our site and to read the privacy statements of each and every web site that collects Personal Information. This privacy statement applies solely to information collected by this web site.

Requests and Contact


Please contact us about this Privacy Notice or if you have any requests or questions relating to the privacy of your personal information.

Changes to this Privacy Notice


We may revise this Privacy Notice through an updated posting. We will identify the effective date of the revision in the posting. Often, updates are made to provide greater clarity or to comply with changes in regulatory requirements. If the updates involve material changes to the collection, protection, use or disclosure of Personal Information, Pearson will provide notice of the change through a conspicuous notice on this site or other appropriate way. Continued use of the site after the effective date of a posted revision evidences acceptance. Please contact us if you have questions or concerns about the Privacy Notice or any objection to any revisions.

Last Update: November 17, 2020