Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

AS CHECKOUT LINES GROW MORE CUSTOMERS BUY ONLINE CWorawee Meepian/Shutterstock Have you ever walked into a large retail store and noticed that only three

AS CHECKOUT LINES GROW MORE CUSTOMERS BUY ONLINE Worawee Meepian/Shutterstock Have you ever walked into a large retail store


Directions Be sure to read all directions prior to engaging with this activity 1. For this discussion board, I would like you 

AS CHECKOUT LINES GROW MORE CUSTOMERS BUY ONLINE CWorawee Meepian/Shutterstock Have you ever walked into a large retail store and noticed that only three or four of the dozens of check-out lanes are open? To make matters worse, each check-out lane that is open has numerous customers standing in line waiting to pay for their purchases. In essence, these check-out lanes represent a constraint that does not exist at online retallers, such as Amazon.com. A survey conducted by Ayden estimates that 86% of shoppers have walked out of a retail store location in the last 12 months due to long check-out lines, thereby costing bricks-and-mortar retailers $37.7 billion in lost sales. As retailers such as Macy's, J.C. Penny, Kohl's, Target, and Nordstrom seek to cut costs by reducing headcount, they are losing sales to customers who would rather stay home, save time, avoid the hassles, and shop online. Source: Suzanne Kapner, Stores Slash Staffs And Watch Lines Grow, The Wall Street Journal, May 1, 2018, pp. 81 and 82. Directions Be sure to read all directions prior to engaging with this activity. 1. For this discussion board, I would like you to think about the current business situation of retail store location businesses versus online businesses. The article discusses one of many problems that retail stores face versus their online counterparts. What can retail stores do to compete with online retailers? What value can they provide that online retailers can't? 2. Use the 'reply' arrow below to start your initial post. 3. In your initial post. I would expect at least a 200 word response. 4. Then, in two peer responses provide constructive feedback to two other students' posts. Each peer response should be at least 50 words. 5. Be sure NOT to use "I agree or I disagree language". 6. The due date if Friday of week 16.

Step by Step Solution

3.51 Rating (148 Votes )

There are 3 Steps involved in it

Step: 1

1 Retail stores can adopt various strategies to compete with online retailers and provide unique value to customers Firstly they can enhance the insto... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Communication

Authors: Buddy Krizan, Patricia Merrier, Joyce P. Logan, Karen Schneiter Williams

8th edition

1439080151, 978-1439080153

More Books

Students also viewed these General Management questions

Question

What are the three categories of time? (p. 291)

Answered: 1 week ago