CTD 231 Lecture Notes - Lecture 15: Sears Holdings, Private Label, Kmart

• School: University of Alabama
• Department: Clothing, Textiles and Interior Design
• Course: CTD 231
• Professor: Reaves

Document Summary

2016: billion in revenue & 2. 3 million employees. Retail stores: retail stores are firms where consumers purchase apparel products, formats for brick-and-mortar retail stores. Specialty stores: focus on a few types of merchandise to exclusion of other products, many variations. Single product line (e. g. , shoes or maternity) Off-price retailers: target specific customer, success in regional malls and city storefronts, off-price retailers offer merchandise mix containing. Distressed goods inventory from stores that went out of business. Overruns bought at lower price and savings passed on to customer. Mass merchandisers: mass merchandisers specialize in selling great quantities of merchandise at lower prices, own product development teams and private label programs to hone in on apparel market, sometimes cross lines between department stores and mass merchants. Sears holding corporation sears bought out k-mart and consolidated firms. J. c. penney considers itself a department store (876 stores) Immense size and focus on moderately-priced merchandise.