Merchandise Philosophy is a set of guiding principles for retailer to make for all merchandise decisions and to drive product decisions.

Watch the video URL, then discuss the basic principle of Merchandise Planning and the importance of Merchandise Planning to a retailer.

https://www.youtube.com/watch?v=5Lp_-8omrz0

http://youtu.be/SVGb5OMV5p8

Watch the video URL, then suggest a suitable Merchandise Management System for School Shoes in Bata, Wallets in The Wallet Shop, and Bottled Tea in NTUC. And also explain and elaborate with examples and reasons.

https://www.youtube.com/watch?v=UY7s1qlhjwM

https://www.youtube.com/watch?v=aurgcJIiZ68