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DEVELOPING A RETAIL STRATEGY FOR AN UPSCALE TARGET AUDIENCE: THE INFLUENCE OF OUTCROPPING AND STORE IMAGE ATTRIBUTES ON STORE VISITS Stephen S. Story, University of Scranton Anne Hangman Story, Wilkes
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Developing a retail strategy involves creating a plan that outlines the goals and objectives for a retail business, including the tactics and actions that will be implemented to achieve them.
Retail businesses are typically responsible for developing and filing their own retail strategies.
Filling out a retail strategy involves assessing the market, identifying target customers, setting goals, determining marketing and sales tactics, and outlining a financial plan.
The purpose of developing a retail strategy is to provide a roadmap for a retail business to follow in order to achieve its objectives and succeed in the marketplace.
A retail strategy report typically includes a business overview, market analysis, target customer profiles, marketing and sales strategies, financial projections, and implementation plans.
The specific deadline to file a retail strategy in 2023 may vary depending on local regulations and requirements. It is recommended to consult with relevant authorities or seek legal advice.
The penalty for late filing of a retail strategy may vary depending on local regulations and policies. It is advisable to consult with relevant authorities or seek legal advice to determine the specific penalty.
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