Fashion Retail Management of Target Name of the student Name of the university
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Running head: FASHION RETAIL MANAGEMENT OF TARGET Fashion retail management of Target Name of the student Name of the university Author Note
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1FASHION RETAIL MANAGEMENT OF TARGET The aim of the paper is to analyze the fashion retail management of the discount store Target. A retail shop is one that sells goods and services to the customers to the individual customers through different modes, for example, direct sale through the store, online retailing or brick-and-mortar storefront (Pantano et al., 2015). There are categories of retail stores for example, the departmental store, the discount store, the big box store, warehouse store. Mom- and-pop stores and finally the e-tailers. Among these retailers, the discount store, big box store, e-tailers and the mom-and-pop retail shops sells fashion products (Pantano et al., 2015). The chosen store for paper, is the “Target” which sells fashion and clothing under its different outlets (Target.com, 2019). However, there are departmental store which is also a retail shop operating in a different channel of distribution. One important store operating in U. S is the Macy’s who operates through the online and offline mode for selling luxury and sport bags. Target and Macy’s are different in two unique ways. The discounted store has less range of products compared to the departmental store and the departmental stores are always centred on selling one particular kind of products which gives them an opportunity to have wider range of products. The fashion retail industry has gone a wide change with the invention of the artificial intelligence and mobile e-commerce, the fashion industry has been able to reach the customers wider than before (Thomassey et al., 2018). It has evolved from mere single channel operation to multi and Omni channel operation. The fashion industry had started operating through different platforms. The smaller businesses are getting a chance to showcase their talent at the global platform and the consumer on the other side is getting more chance to interact with the fashion and clothing industry.
2FASHION RETAIL MANAGEMENT OF TARGET References Pantano, E., & Viassone, M. (2015). Engaging consumers on new integrated multichannel retail settings: Challenges for retailers.Journal of Retailing and Consumer Services,25, 106- 114. Target.com(2019).Target:ExpectMore.PayLess..[online]Target.com.Availableat: https://www.target.com/ [Accessed 9 Jan. 2019]. Thomassey, S., & Zeng, X. (Eds.). (2018).Artificial Intelligence for Fashion Industry in the Big Data Era. SPRINGER VERLAG, SINGAPOR.