International Trade Research Report: Reitman Retail Analysis

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Added on  2023/06/10

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This report is an international trade research analysis focusing on the Canadian retail sector, specifically examining the retail company Reitman. The report delves into various aspects impacting Reitman's business, including corporate concentration, market strategies, and economic profiles. It explores the effects of understaffing on sales and profitability, the role of marketing and operations management, and the impact of Bitcoin on the company's financial activities. The research also highlights the significance of the Winter Simulation Conference for Reitman's operations and marketing. The author references several articles to support the analysis, offering a comprehensive overview of the challenges and opportunities facing Reitman within the context of international trade and the evolving retail landscape. The report offers valuable insights into the factors influencing the company's performance and its adaptation to changing market conditions. The report also explores the legal definition and place of Bitcoin in the legal framework of Reitman.
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Running head: INTERNATIONAL TRADE RESEARCH
International Trade Research
Name of the Student
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1INTERNATIONAL TRADE RESEARCH
Daniel, C., & Hernandez, T. (2016, February). The Impact of Corporate Concentration
on the Canadian Retail Economy. In Geography Research Forum (Vol. 28, pp. 8-
20).
The author intends to highlight the retail economy of Reitman, which is a retail
company in Canada. Major corporations and the foreign capitals are controlling this retail
landscape recently. Reitmans Limited generally associates in the retail of women’s wearing
clothing in Canada. It consist products like skirts, pants, shirts, dresses, sweaters, lingerie and
other accessories. This clothing organization is based on growth, integrity and respect. The
passionate individuals working in the organization exhibit the values of Reitman and the
charities supported. This helps them in maintaining proper business relationships
geographically. In this regard, the author was commissioned to analyze the corporate
restructuring and the engaged locational imprints within the Canadian retail sector. The
author has addressed the reorganization of the retail capital emerging from the continued
process of globalization and growth in other retail outlets. The author thereafter focuses on
the three aspects including the market concentration, emerging location strategies and
economic profiles. The perspective of the author can be applied by stating that the dominance
of the major corporation retails chains have been highlighted and it is therefore engaged with
the degree of market concentration by the sectors. Thus, it can be stated that the author has
produced evidence of the strategies of the growth employed by a number of leading retailers
in Canada. It can therefore be concluded by stating that if a number of key areas for future
research are recognized then it will be easier. Hence, there is an impact of corporate
concentration on the retail economy of Reitman.
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2INTERNATIONAL TRADE RESEARCH
Mani, V., Kesavan, S., & Swaminathan, J. M. (2015). Estimating the impact of
understaffing on sales and profitability in retail stores. Production and
Operations Management, 24(2), 201-218.
In this scenario, the author states that the Clothing retailer Reitmans Ltd. is
observed to be a tough economy is basically leaving the customers with less
disposable income for clothes that are formed according to the weather conditions. It
therefore makes an impact on the sales and profitability in the retail sources of
Canada. They made clothes based on the retail climate. The sales revenue for the
quarter had ended in the month of July was down for a percent of 2.3 to $279.5
million as compared to an amount of $286 million per year. The clothing store of
Reitman stated that it has a high fuel and there have been an increase in the levels of
the customers personal debts. This refers to a scenario where less amount of money
will be required for clothes as it will hurt the bottom line. There are quarterly same
amount of sales as it acts as a key metric in the world of retail sales as it fell with 1.7
per cent. It has been observed that Reitmans have their stores in Canada. When there
was the second quarter, it can be summarized b y stating that the company had opened
11 new stores in Canada and closed 18. There was a huge change in the data of sales
of this department. Thereafter, all the retailers had believed in these scenarios and
fixed the situation. However, there were disruptions in the process of delivery, which
included the shipping and receiving process.
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3INTERNATIONAL TRADE RESEARCH
Musalem, A., Olivares, M., Borle, S., Che, H., Conlon, C. T., Girotra, K., ... & Zheng, F.
(2017). A Review of Choice Modeling in the Marketing-Operations Management
Interface.
In this article, the author intends to define the perspective roles of marketing
and the operations management in managing the position of Reitman in the retail
market. It takes the opportunity for considering the implications of the developments
for the operations interface. For effectiveness, the management must advertise the
products of the Reitman all across Canada for increasing the sales rate and growth. It
can be said that competitive advantage and values are considered to be compatible. It
can therefore be determined by recognized the merits that generally offer the retailers
an opportunity to raise the attractiveness of their products in the market. The process
thereafter starts with the customers who purchase the products from Reitman.
Therefore, the choice of modeling in the marketing operations management interface
helps in deciding the production of Reitman. However, the value strategy of Reitman
involves recognizing, producing and delivering the total combination of the non-price
and price related merits the consumer is bound to take. Thus, the analysis can be
applied in this scenario of maintaining the marketing management of the available
products of Reitman. Contributions were made for the increase in sales of the
production of the retail company of Canada. The demand and supply of the products
depend on the marketing strategies of the company.
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4INTERNATIONAL TRADE RESEARCH
Goldsman, D., de Almeida Costa, M., Goldsman, P., & Wilson, J. R. (2017, December).
History of the winter simulation conference: Overview and notable facts and
figures. In Simulation Conference (WSC), 2017 Winter (pp. 16-39). IEEE.
The author in this scenario highlights the fact that Reitman is a Canadian retailing
company that specializes in women clothing. This company achieved immediate
success among all the retail stores in situated in Canada. Five operating chains exist
for focusing on all the various market segments. However, based on the products and
their collection of clothes, a conference was held in the year of 2017. The summary of
this article was that the conference helped in launching a collection of their winter
wear for the all the citizens across the globe especially United States. The Winter
Simulation Conference was set up for creating an interaction between all the retail
sectors of the country. The interesting figures and facts have gained the insights into
the dynamics of the conference. The data have been gathered for the benefit of the
company. They have existing collections depending on the type of the weather based
on which the collections will be launched. Thereafter, the purpose of the meeting was
to make the public or the individuals aware of apparels that can be purchased for
wearing it in the winter season. Thus, the notable authors have majorly focused on
these spheres.
Demchenko, O. (2017). Bitcoin: Legal Definition and Its Place in Legal
Framework.
This article discusses and evaluates the role of Bitcoin and the role of it in the
economic activity related to Reitman stores. It can be evaluated from this research that
it had an effect on the company of Reitman. It therefore, reflects the modern views of
the individuals who are a part of the organization of Reitman. The concept of Biotcoin
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5INTERNATIONAL TRADE RESEARCH
had an effect on the production sale of the Reitman Company. It can be said that
Bitcoin had played a major role in the business activity. The author in this scenario
stated that Bitcoin had significance in the entire legal framework in the dealing
process of Reitman. Being a company of apparels and clothing material, Reitman had
the power to get the financial security for all its products and for the benefit for its
consumers. Therefore, the author applied the evaluation and underlined the
importance of amendments acceptance as it is based on the definition for prohibiting
the process of money laundering and provide customer protection procedures. The
prices of the products of this company are hence mentioned before hand and all the
consumers are aware of it. They have experienced profit as well from its consumers.
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6INTERNATIONAL TRADE RESEARCH
References:
Daniel, C., & Hernandez, T. (2016, February). The Impact of Corporate Concentration on the
Canadian Retail Economy. In Geography Research Forum (Vol. 28, pp. 8-20).
Demchenko, O. (2017). Bitcoin: Legal Definition and Its Place in Legal Framework.
Goldsman, D., de Almeida Costa, M., Goldsman, P., & Wilson, J. R. (2017, December).
History of the winter simulation conference: Overview and notable facts and figures.
In Simulation Conference (WSC), 2017 Winter (pp. 16-39). IEEE.
Mani, V., Kesavan, S., & Swaminathan, J. M. (2015). Estimating the impact of understaffing
on sales and profitability in retail stores. Production and Operations
Management, 24(2), 201-218.
Musalem, A., Olivares, M., Borle, S., Che, H., Conlon, C. T., Girotra, K., ... & Zheng, F.
(2017). A Review of Choice Modeling in the Marketing-Operations Management
Interface.
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